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Thursday, June 30, 2011

It's IPO War. Play or Quit?

Are you kidding me? 6 IPO within 3 days and 9 IPO within a month available for the public to subscribe in June alone. Don't you feel there is a little bit too much for such a low volume trading country? 

Anyway, perhaps this is the best time for IPO, as no one can predict when is the bull trend going to be ended.  But also beware there may be some walls to hit, as everyone also want to grab money from IPO.

I hate MSM, because I did not get any allocaiton from the IPO. It went up so much in the first day offer no chance for us to invest anymore. I did not want to bother SENDAI and OLDTOWN, because I'm waiting for the coming 2 IPO, one of them is Bumi Armada (ARMADA). 

Sunday, June 26, 2011

Luck is not being with me since the missing of MPAY, SMARTAG, BOILERM, UOADEV and MSM IPOs. Now it's the turn for OLDTOWN. But guess what.

Oldtown Berhad is pricing its issue/offer price at RM1.25 per share for its initial public offering (IPO) of 96.4 million shares of RM1 each. The company, which owns and operates the Oldtown White Coffee chain, aims to list on Main Market on July 11.

Sunday, June 19, 2011

Warren Buffet's Strategy on Technical Analysis

After much research and experience in investing I've discovered a simple strategy which works very well for profitable investing. It's a composite of Charles Schwab's and Warren Buffet's strategy.

As you may know, Warren Buffet started with a little investment decades ago and now he's the third richest man in the world with over $30,000,000,000 in stock in the company he built. Charles Schwab is the genius who began the most successful off-price brokerage in the world. Here's what they say about investing and technical analysis:


Rule #1: Buy a company you'd be willing to hold for a lifetime


Friday, June 10, 2011

A Gem under the Drain?

Are you still hunting a gem under the drain?

Recently, I noticed one of the 50 cents penny stock with the following information:
1) PER 3.75
2) NTA 0.57
3) D/Y 3.5%
4) ROE 23.4
5) EPS 0.133 
6) Consistent profit and never make a quarter loss in the past 5 years

How does it sounds? Does it sounds like a gem? Will you buy if it is too good to be true?

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