So now is Down Period. Contrarians should take the opportunity to buy on weakness. Buy only those you Know For Sure.
For tomorrow I would like to recommend One counter: (Note: Not for short term punting but for a longer term target.)
1) AAX (Air Asia X) (Recommended by OSK Iskandar Top Boss)
Reasons:
1) AAX has fallen from RM1.28 to 72 cts since listing. In year 2008 AirAsia fell to a low of 77 cts & see AirAsia is over RM2.50 now. So if history repeats itself someday AAX will also rise to RM2.50. Possible?
2) AAX to Gain By MAS Default. Since the loss of MH370 many have switched to other Airlines - One of them is AAX.
3) That's why AAX is now expanding its fleet of Air Bus to cater for Ex-MAS passengers.
4) AIR BUS? Yes! AAX is using AIR BUS While MH370 is a Boeing Aircraft.
5) After 911 people still fly to New York. So after the unfortunate MH370 event China Tourists Will Still Return to Malaysia. By AAX planes, Of course
6) Recently there was a promotion by AAX in India.The Response was Overwhelming. Expect AAX to capture the lion share of Indian Tourists
7) The Lonely Planet Magazine has placed Malaysia in the Top 10 For World Tourism Nation for Year 2014 & Next Year 2015 is Year of Festival
8) CNN has voted KL For World No. 4 in Shopping after London, NY & Tokyo.
9) The Impasse in Thailand will divert more Tourists to Malaysia
10) Daniel 12:4 says, In The End Times "Many Will Travel To & From". Interpreted it means there will be a Great Increase In Traveling (Tourism) Before the World Ends. Last Year There Were 1 BILLION TOURISTS. And Tourists come to Malaysia by Planes - AAX Long Haul Planes.
Calvin, comments were my opinion only. I don't have a crystal ball, if not, I don't need a day job anymore! There will always be some counters flying everyday. Contrarians are welcome to give opinions.
To those who have regained capital (including myself), no harm being careful in this period of time, with many counters recording lower trading volume.
CALVIN TAN GIVE STRONG CALL TO BUY NOW! BUY A LITTLE & AVERAGE DOWN GOOD COUNTERS NOW! NOW IS THE BEST TIME TO BUY ON MARKET WEAKNESS!
1) KPSCB (Insider says if Buy Below 54 cts is safe.) 2) MULPHA (Company Share Buy Back Support Was 41 Cts. So downside protected 3) PM CORP (CASH POSITION IS 30 CTS. VERY SAFE.) 4) AAX (Opportunity To Buy Cheap. Was Rm1.28. Now On Offer 71.5 Cts) 5) BPuri (Insider Kept On Buying All These Years.) 6) JERASIA (A Cloths Laggard. Prolexus, PCCS, Cheetah already moved) 7) SKPSHUTTERS (A Neglected High Nta Stock. Selling Cheap!) 8) PPG (Someone Accumulating 60 cts. Try to buy on weakness.) 9) YTL power Wb (Yeoh Father/Son Cornered this Wb} 10) MP Corp - Buy on weakness.
Do your own due diligence. Not for punting but for longer term investment.
SILK Was 40 Cts. Now Over RM1.00 (So don't chase) ASB Was 14.5 Cts (Shot Up To A High of 27 Cts. Also don't chase) PBA Was RM1.11 (Up already. Can back if it drops back on weakness.) Duta Land Was 46 cts (Over 50 cts now.) Others already up are Pantech, MPHB Cap, The Store, Cymao & others. So don't chase.
The Trick is To Buy Undervalued Shares Not Discovered By The Market yet
Don't Chase High Flying Shares & Grasp Bubbles. Stay Safe.
Return OF capital more important than return ON capital.
Sold 1. Asiapac 0.255 Sold 0.27 3. Insas 1.19 Sold 1.25 6. Encorp 1.53 Sold 1.68 7. Bright 0.675 Sold 0.705 8. Azrb 0.705 Sold 0.73 9. Benalec 1.03 Target to sell 1.20 Sold 1.13
Walao, market so bad, stuck so long. Only now see some improve.
1) Singapore Has A Superior Location Unlike Iceland. Remember Sungai Wang Plaza survived
a) 1985 to 1987 commodity crash. b) 1997 - 1998 Asian Financial Crisis c) 2007/2008 Great Recession.
SINGAPORE's LOCATION IS UNRIVALLED. SO ITS STRATEGIC LOCATION GUARANTEE ITS RELEVANCE FOR INVESTMENT, TOURISM & AS A HOME.
2) THE SINGAPORE DOLLAR Backed By Huge Reserves & No Nonsense Govt. George Soros hardly made a dent on the Sing Dollar during the Asian Financial Crisis
3) SPORE GOVT PREEMPT PROPERTY BUBBLE Spore Govt has wisely implemented coooling measures against a property bubble. Current there is no fear of bubble.
4) Stregth of Accountablilty. Capital Flight from Iceland & Argentina, Indonesia. NO CAPITAL FLIGHT FROM SINGAPORE. The REVERSE IS TRUE. SINGAPORE IS THE REFUGE OF SAFETY FOR WORLD'S MILLIONAIRES & BILLIONAIRES
Newman, your TP of 0.33 for KTB touched today and it seems like it is still going higher. I am one of those who failed to contra and got stuck at 0.29. Thats why it is almost certainly safe to follow Newman to punt. If cant contra you just wait for few months (2 months for me) and you can still come out safely. Please come back to this forum...
Nicholasnwh90. No more morning call. Only post at their respective forum. Today. Trade Lcth. Still holding a lot. Accumulate at 25.5 and 26 since last 2 weeks. Did make a call this morning. Kikijijukiki
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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?