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Sunday, November 28, 2010

Careplus Group Bhd

Can you believe it, Careplus IPO public issue has oversubscription rate of 46.75 times! The highest oversubscribe rate this year so far. The success rate is very low, I would say it is a lot lower chance than MHB and PCHEM that you will get it. For your info, I did not apply Careplus IPO. 

Due to the price is 23 cents per unit, it is affordable to buy more per applicant. Nonetheless, by looking at the applications, it has only close to 1,000. That's mean, less buyers but more lots applied.

Friday, November 26, 2010

Newbie In The House

Wow, PCHEM's charm is irresistable! It took 41% of KLSE total volume today, at 0.64 billions. What a fat water for broker firms! Just too bad that the index is retraced today, and PCHEM is selling all the way from RM5.71 to RM5.30 and closed at RM5.31. Not as impressive as MHB but same fate as MAXIS.

That's the problem for large IPO in this country. The number of retail traders are not mature and the price is not cheap. The local market is not overwhelm by foreign investors but they are in the neighbor countries. In addition, the key fund managers already in during the IPO. So who else left to push up the price? Nonetheless, PCHEM debut is definitely a good news for KLSE. Welcome!

Thursday, November 25, 2010

Petronas Chemical Bhd

Tomorrow will be the day for PCHEM listing, which is Southeast Asia''s biggest IPO. It has the potential to outshine that of other big-capitalised firms in KLSE. According to Maybank IB research, they believe the share prices for PCHEM worth around RM6.64 per share, using discounted cash flow and PER valuation metrics, where OSK targets it to be RM5.51.

Tuesday, November 23, 2010

Stupid Mistake

This morning, I don't know why, I made a weird mistake which I guess not many of you did it before. I believe it is due to my careless behavior. Thus, I comitted a stupid mistake that you would be laughing at me this morning.

Friday, November 19, 2010

Masterskill Education Group Bhd

Many investors are eyeing on MEGB recently, not because they want to send their childrens in to study, but it's attractive trading share price which selling pressure accelerated sharply over the past few months. 

MEGB, Malaysia's largest operator of non-government nursing colleges, offers nursing courses and allied health education programmes. According to a few analysts, MEGB track record and fundamental still look good. With a shortage of nurses and the rising demand, MEGB is still a potential growth stock to go for.

Tuesday, November 16, 2010

What Is Wrong With Shanghai China CI?

It was a surprise today when I login to my trading account and noticed 4 of my queuing stock prices were fully matched around 4.30pm. With a quick check, many of the small cap stocks falls by 4 to 5% and allow us to buy in at a bargain price.

Friday, November 12, 2010

Tomypak Holding Bhd

Finally, KLSE index finally comes down after being pushed up 50 points within 3 weeks time. In fact, it's global effect, where KLSE index is just a follower. Another minor correction? Never mind, we don't have to guess it, overall we are still ride on this bull trend. Most probably the game is just begin. It's happy to see some blue chips price are dropping steadily.

Wednesday, November 10, 2010

Am I KLSE Loser?

I feel bad recently, not because I'm lossing money in stock market. I feel bad because my stocks pick just don't shoot and I don't make good money lately, especially during this golden bull period.

In my few previous posts, I made buy calls on SUPERMX, HARTA, JCY, MUDAJYA. It seems like most of these stocks price are worst than the time I called.

Friday, November 5, 2010


Can you believe it, the biggest property player is taking control over another. I was surprise that UEMLAND made the move so soon. Yes, UEMLAND is taking control of SUNRISE in a RM1.4 billions deal. As we knew, there are an online community is buying in SUNRISE in the early of last month, as they foresees the future potential earnings and low PER of it.

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