Is AirAsia X Public Listing A Right Choice?

Wow, AirAsia share price is having a exceptional rally since early of July. AirAsia has up for more than 80% just within 3 months, the history highest since it's listing. This might be due to the share accumulation from EPF, greatly improved earnings and brighter future earnings from investors point of view.

No doubt, AirAsia fundamental looks quite good, as more and more people get to know about this brand and use it's services, while it is aggressively developing more new routes, like the launching of Tokyo, Japan on last week. It's not only benefit to those who like to travel around, but also bringing the company to a better prospect.

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The First Resort Casino in Sabah?

Hi folks, how's your OSK Investment Challenge result so far? The contestants will have about 1 week to go before the winners are born.

For contestants, if you managed to hit GENS and KBUNAI in your list on last week, you are the man. Talk about KBUNAI, have you been to Karambunai Resort for vacation before?

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6.38% Dividend For AS1M

After waiting for a year, I finally see Amanah Saham 1 Malaysia (AS1M) dividend news this evening. According to PNB, AS1M buyers will be distributed with 6.38 cents per unit! In fact, it shouldn't be a surprise for us, as the KLCI index has been up for more than 250 points, around 21%. Overall, I'm satisfied with the dividend yield, as 6.38% is the slightly better than ASM and ASW2020, 6.30% and 6.35% respectively. 

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Sunrise or Sunset of Rubber Glove Stocks Part 2

Aduh, the entire rubber glove makers' prices are continue to drop like nobody, including the leader. Overall, they have dropped around 23 to 38%. Harta has the strongest resistant so far, where share price only fallen around 23%, where Latexx and Supermx have fall 38% respectively.

The selling pressure continues after our hot topic discussion, and even worst on yesterday, thanks to OSK Investment downgraded from overweight to neutral, neutral call for Topglov, as well as Ringgit continues to strengthen up to RM3.09 today, the highest since the previous Asian crisis. And yet, still no buy back action from management.

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Sunrise or Sunset for Rubber Glove Stocks?

Hi folks, I hope you are doing well in your stock contest so far?

As per discussion on Rubber Glove stocks in my previous post, they are expectedly to continue to face selling pressure this week, after a reversed bullish day on 9th Sept. Their prices are continue to drop due to the further strengthen of Ringgit against US dollars. Apart from that, latex price remain at high level of RM700. Compare to previous month, the latex price has slightly went down.This is a good sign. On the other hand, Ringgit has no sign of weakening for the time being, as Bank Negara will continue to hike the interest rate while US economy is still at the bottom of recovering. This could be short to mid term.

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OSK Investment Challenge

Good news. I just discovered I've some advertisement income from Nuffnang regarding OSK investment challenge. I must promote it, because these are easy money if your luck is come at the right time. I'm sorry I was a bit late as the challenge has started since 16 August. It was my birthday, though. But don't worry, perhaps you knew and in the contest already. Furthermore, the end date is 1st October. We still have 3 weeks time to catch up.

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Exam Update, Property Developer & Rubber Glove

My thousands apologies to you that I was MIA from this blog for more 3 months. To be honest, I've stopped trading for 2 months right after my previous post, as I've spent quite a lot of my free time to do my professional certification study for my career exam. I'm glad that I passed it with flying color. In the mean time, I also refined and corrected my trading strategy, as well as doing some virtual trading to attest it. The virtual trading outcome was fantastic, and I've just re-active in the stock market recently.

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