I am glad my reading of the Elliot wave is correct....this is big wave....more to come!! Posted on Apr 2 If I am right about the Elliot wave, SBCCORP is just entering minor Wave 3 of Major Wave 3...thats a big wave. This time I am expecting it to hit to $2.30+. Lets hope together. Any dividend news, anyone? Chart and wave wise, this is perfect timing...Big wave coming....energy pent up for almost 2 weeks liao..
I am no expert lah. I am a real kiasu guy. I am afraid of making any losses in Bursa. Warren Buffet's 1st Rule is my motto "NEVER TO MAKE ANY LOSSES"
Steelheart,
I don't think I have made any significant losses in KLSE. I have made gains most of the time. I think 9 out of 10 times I do made money. The 10% that didn't perform I managed to escape like Megan Media & Namfatt. Both I sold before they collapse.
I got out of Megan Media when I saw Directors completely Sold Out Their Shares And Parachuted.
I sold Namfatt when I phoned Management who passed the phone around. Nobody could give me a clear answer.
But I made lost when I short sell KLSE Futures. So I stopped playing with futures & stick to proven Value Investing Which Seldom fail me.
These Are The Stocks I Made Calls To Buy This Year:
So far there is only one which under performed - Cepco. All the rest made money. 11 positive out of 12 means 91.6% accuracy. Happiness is making more right calls than wrong.
Sean , remember on 19 February we talked about SBC I said RM2.00 in a month time no problem la . I said Mr OTB bought at 1.40 but I bought later at 1.36 . This Mr Ooi is really a good sifu . If you just follow his comments on a number of stocks , you are quite sure can make profit .
Fantastic man! RNAV 6.60, target price recommended by CIMB 3.96. Current price lasts at 2.18. Upward potential 1.78. Hhm, it seems like more small-mid cap property counters are going to be revalued soon after BREM, MKH....
MP Corp losses are minimal comparing to its increasing NTA or Intrinsic VALUE Which is Over RM5.00 by Now & Still Moving Up rapidly As Pengerang Has Officially Launched RAPID.
It Will Be A Whopping RM190 BILLIONS Investment Which Will Bring Prosperity to the entire Eastern Iskandar Region. And MP Corp Is Located In The Very Center of It All
In those days when I bought SBC Corp at 50 cts SBC Corp then has an NTA of only Around RM2.00.
So if SBC Corp can rise to RM2.18 now imagine how high MP Corp with RM5.00 NTA Will rise to
Actually for me Investing Is So Easy. I like to buy at A Discount to Intrinsic Value. So buying MP Corp at RM1.58 for 47.5 Cts already gave us a Deep Discount of 70% From INTRINSIC VALUE.
If Discount to NTA of RM5.28. 47.5 cts MP Corp is selling at A Whopping 90% Discount.
ur analysis is good, but mpcorp has 0 funds currently, is it possible to value at RM70psf? That is very high! some of the klang areas only trades at RM30 psf, anyway mpcorcp is undervalued but i don't think the NTA is RM5.28, haha
i guess calvin is right but what i think MPcorp lack is the catalyst, i guess most peple will put it in my watch list but will only enter when it start to get the attention of the more investors
3Q14 eps 25.55 with nta 3.89. The next result is in may14, the eps will be at least 32 to 35 to reach TP 3.96 by CIMB is possible with KK project. Without the project the share is worth 3++
Just a few months ago and after the right issue, I remembered this counter was traded around RM1.20 and very active for many days. Now it's almost doubled and what's the big difference now and then? It looks very dangerous and unhealthy to me.
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....
Jack Ong
167 posts
Posted by Jack Ong > 2014-04-04 15:31 | Report Abuse
ride on the flight ... yeeehaaaa~~~