Chart is already overbought. Price had run ahead of fundamentals. One should be selling out if price goes higher, not buying!!! Moreover rights@ 50 cents means good margins at these prices in 3.5 months!!
AhMoi, For sure the azrb share value has been diluted by the right issue n reduction of par value..n to me EPS(PE) is the main driver and the rest like dividend and the rest just extra income,,,
EPS .03, PE 12, fair price 0.36....do nothing...to me no real justification n at least no real value based on fact and figure to invest why do i need to invest in azrb....
sunztzhe, FYI I have learn my lesson losing a lot of money just for very simple reason ignorant...i don’t think that i want to repeat the old same mistake again....
sunztzhe, no venture no gain but now i always remember that investment will involve risk so after all the losses i made before to me no proper risk assessment no investment, better do nothing than keep on losing about everything ....kikiki
Market timing is an art which none can predict with 100% accuracy. TTB of ICapBiz has Gone into CASH Since year 2009. He missed the better part of the bull run. Dr. Marc Faber has been calling for a Correction since 2 years ago. Even George Soros short the US Market early this year.
Maybe there is a correction of 20% to 30% round the corner. If so what should we do?
Dr. Marc Faber advocate putting investment into 4 diversifications for safety
1) CASH (25%) Ringgit or a basket of different foreign currencies.
2) BONDS (25%)
3) GOLD (25%)
4) SHARES (25%)
What kind of shares. Shares with solid NTA & Solid Recession Proof Business. Best is Shares With Surplus Net CASH POSITION.
I have been thinking of Gadang's CAPITAL CITY 21. It Is A Huge Ambitious Project. This Collosal Towering Dinosaur might be in trouble if Recession really hit us.
I think Gadang is vulnerable to a down turn - if there is one. Every time I passed by CAPITAL CITY 21 I really wonder if the people are trying to wear Such A Big Hat. Investors in Gadang are oblivious of the danger of abandon project.
Better Buy GSB. It Is Small in Size. Almost sold out. It's only a matter of time. And also a matter of time before price shoots up
Calvin, TQ for yr opinion n sharing...and of the following, i dont mean to scare or excite anybody this is just my own take on the bskl in relation to the global roof top equity mkt;
based on just volume trend suggesting that potentially bskl is at firm ground to swing up;
this chart show every pull back with high volume is followed by up cycle; it happen before in sept 2013, early 2014 and currently in progress while bskl in pull back situation, and my take the current pull back is likely followed by the up cycle but this potentially the last up cycle before meaningful 10% to 20% correction based on the following chart;
over this chart the MACD starting with big bang right after election may 2013 and as time progress it getting weaker every up cycle and currently in negative territory and potentially weaker rebound compared to earlier up cycle, suggesting potential trend reversal...
this potential trend reversal is in line with: 1. potential OPR up revision from 3.25% to 3.5% which reported could be as early as sept 2014 and latest by nov 2014 2. potential global interest up cycle ?? at least in msia 3. ending of QE in USA by oct 2014 4. Federal Reserve usd4trilion balance sheet disposal ??? 5. currency imbalance as a result of currency flight
so base on the above my game plan is to cash out all my position in the potentially last bskl up cycle n rest for awhile from equity mkt at least for 3 months to 6 months while observing the following : 1. plantation stocks realignment to the palm oil bearish cycle 2. potential return of palm oil bull cycle 3. property bubble burst...?? or going side way 4. ...... and so on
***last but not least gadang(has plam oil), azrb(has plam oil) and other palm oil plantation stocks such as fgv. THplan prices realignment to the fundamental value especially when palm oil turn to bull cycle
note: this could be the starting point for pre PRU 14 bull cycle where GLC stocks such as tenega, fgv IHH will be in front stage....
probably the real killer will come in 2018/19 i,e 10 years from last major bearish cycle...and i tend to believe at this point of time most people are drunk with complacency n daun ketum...kikiki
we have a lot of marketer in azrb compared to azrb-wa :) see this forum, can read thousands of positive notes... and praying it will arise... like snow white eaten the poisoned apple... waiting the right kiss :*
it went up 2 cts nicely but later showed a. 0.5 ct gain........dissapointing....Their pattern...show a good high but closed low with a gain. They cld be testing buyer/sellers ....One day, it will close at a super high. A lot of people will regret .Sharks are in already ...watch out and dont be caught....Contrarians, be extra careful. U chased at the high, n if its a lot of money, u will be subjected to T4 .....
im buying the warrants, but i dont put the comments there.Lonely lah at warrant forum. Here got soooo many great traders and also "sharks" .....exciting !!!
EXECUTION OF A SUPPLEMENTAL AGREEMENT TO THE MALAYSIA-CHINA HYDRO JOINT VENTURE AGREEMENT DATED 12TH JUNE 2002 (“JVA”) IN RESPECT OF THE UNDERTAKING OF THE CW2 PACKAGE (MAIN CIVIL WORKS) FOR THE BAKUN HYDROELECTRIC PROJECT
So, what does it mean? A ~ 1.8b project from 2002 dragged until now... Revived? Automatic withdrawal from contract?
(Should be 2007) Sime Engineering Sdn Bhd has filed a suit against AZRB over alleged breaches in the Malaysia-China Hydro joint venture agreement dated 12 June 2002 relating to the Bakun dam. AZRB was served with a writ summons and statement of claim dated 12 Oct by Sime Engineering claiming "RM15.24 million for alleged breaches by AZRB of the Malaysia-China Hydro JVA" relating to Bakun hydroelectric project package CW2 – main civil works.
They should reveal the SUPPLEMENTAL AGREEMENT for shareholders.. haha...
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....
sunztzhe
2,248 posts
Posted by sunztzhe > 2014-08-11 16:40 | Report Abuse
Chart is already overbought. Price had run ahead of fundamentals. One should be selling out if price goes higher, not buying!!! Moreover rights@ 50 cents means good margins at these prices in 3.5 months!!