blueberry 16sen bottom prices already, dont miss the boat! 25/08/2014 12:19
bro, the divergence hasn't reached the zero line yet and are you sure that the MACD dead-cross at 0.160? the RSI still head up. but it's still very hard to predict, and still early to judge the market, it can U turn anytime bro.
Investors should buy shares now, says AmInvest 25 AUGUST 2014 @ 3:54 PM KUALA LUMPUR:AmInvestment Services Bhd said investors should enter the market now as analysts expect corporate earnings in Malaysia to
grow higher next year.
Senior Vice-President of Retail and Retirement Funds Ng Chze How said
corporate earnings were expected to grow by up to 7.0 per cent this year and 10 per cent in 2015.
"This is the right time to buy stocks as investors can buy low and sell high
next year," he told a media briefing here today on the outlook of the Asia Pacific Real Estate Investment Trust and Malaysian Equities Market.
For this year, most Asian markets excluding Japan are experiencing corporate earnings downgrade mainly due to external factors such as geopolitical tensions.
However, the regional market is seeing a consistent earnings upgrade for 2015 on better macro outlook and operating leverages.
Chief Investment Officer of Equity, Funds Management Division, Andrew Wong Yoke Leong said the company was comfortable with the anticipated 10 per cent growth for next year.
"Investors will be eyeing the Prime Minister Datuk Seri Najib Razak's Budget 2015 announcement as well as corporate results for the remaining year," he said.
Wong noted that corporate earnings growth could be higher than 10 per cent if Budget 2015 and corporate earnings announcements were positive.
On stock picks, he said one sector that AmInvest liked is technology,
specifically companies involved in manufacturing of light emitting diodes and softwares.
AmInvest, a member of AMMB Holdings Bhd, manages regional funds and nicheglobal funds for investors in the conventional and Shariah-compliant spaces. -- BERNAMA
More acquisitions in store for EAH 25 August 2014 @ 8:46 PM
KUALA LUMPUR: Bumiputra ACE company EA Holdings Berhad (EAH), which had just completed the acquisition of Murasaki Technology Sdn Bhd late last month, is still looking for additional acquisitions to broaden its earnings base.
“EAH is aiming to become a world class service-oriented company. Hence it is currently looking at other companies which are project management consultancy specialists in lucrative industries such as oil and gas, as well as construction and development,” said a source when contacted by Business Times.
“It is looking particularly for acquisitions with high margins.”
Business Times understands EAH has already shortlisted a few companies and are currently in the midst of negotiations.
“EAH’s contract with LHDN last year amounting to RM71 million (RM59 million and RM12 million) not only strengthened EAH’s fundamentals but have opened doors with other GLCs and government agencies – more so since EAH is one of very few total end-to-end solutions providers in Malaysia,” said the source.
“Last year, EAH announced its strongest year of revenue and profits and CEO Sobri Saad and team intends to build upon it while broadening the group’s earnings base,” added the source.
EAH was one of the most active counters traded last week with total volume of 350 million shares traded. It closed at 17 sen last Friday after touching a high of 18 sen last week, its highest level in two years.
“EAH has a proven track record of creating value for shareholders,” said the source.
“The attention and public positive sentiment toward EAH currently could be due to the company’s bright prospects ahead, coupled with its low PE ratio when compared to other ACE counters.”
Sobri declined comment when contacted by Business Times, only saying that “appropriate announcements would be made to Bursa as and when developments happen”.
For two consecutive years in 2011 and 2012, EAH made it to Forbes Asia’s 200 Best Under A Billion List of companies within the Asia-Pacific region.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tracker
4 posts
Posted by tracker > 2014-08-25 13:40 | Report Abuse
take it easy... human natural "kia su"