As my good fren Dali always say....you MUST have a good catalyst to see a share fly.........but I see people buy hope and opportunity best when it presents itself right.....and here we have one that is opportunistic, political and inline with what the govt want to show case for external investors to see..ie Governance.... While some party is still an opportunity to play on good margin play....but it will come to a sudden halt and thn FLY!,
1. Sime bought 30% to test water ......here it means financial performance 2. Financial performance of EnO since Aug 2011 to date has been meeting their target and some quarter better than expected 3. Bakke salleh MD Sime has said
“At an appropriate time, we will consider a GO. It could happen sooner or later but that will be a business call,” he said in an interview yesterday.
4. Based on item 3, and the performance and fact of 1 and 2 , the success of stp1 and now stp 2 in Penang...with the St Mary residence in KL....I think the reason is compelling. Now the question is when to go in right?
5. Have a look at the people buying in from apr/may 2012 period before the aug 2012 rumor in Malaysia insider which caused a spike and now match it with all the buyers already in recently into this counter. SAME...!!!
Of course what I am sharing here is facts, I have a lot of material here to show the political side of it but then again....it's politics and not factual.....
What I can say here on the political part is it is bent on one side more....it helps with a good lawyer ...! Got it?
Btw the avg of EnO is already above rm1.55 though a lot are saying its rm 1.70 but I would use rm 1.55 to work on....this should be an indicative value....
I'm here. Reading penny stocks. hey, compliments for free postings. I loaded up eno when i entered the market in July. Its been 6 months already. hmmnn...
No. Zero holding. I had 2 rounds, first was a bottom up, sold at limit up. Entered 2nd round, exit with a small profit which could have been bigger had it not been giving too much expectations to the noise here.
Last 3 days saw some run up of property laggards. Today IJMland, whose next?
Tommy is getting me very excited with all his prediction....told my sifu but he like reebok. Lol. The Nike sign is very impressive......I am so excited Liao....
@passerby, LOL you are right... wonders if the rumours were leaked on purpose for some parties to make a killing accumulating and pushing up the price later :)
Passerby, Pathew, .....afternoon maybe something else today....no more Nike......it didn't rebound as strong as expected in morning session....the morning test market proofed that excitement to move forward again is taking better of the market.
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....
tommylou
1,918 posts
Posted by tommylou > 2013-01-17 21:35 | Report Abuse
As my good fren Dali always say....you MUST have a good catalyst to see a share fly.........but I see people buy hope and opportunity best when it presents itself right.....and here we have one that is opportunistic, political and inline with what the govt want to show case for external investors to see..ie Governance....
While some party is still an opportunity to play on good margin play....but it will come to a sudden halt and thn FLY!,