Eversendai Corporation Berhad

My apology that I made a mistake by posting a non-relevant article just now. Anyway, I did a thorough study on SENDAI last week and would like to share with you all.

If you are paying attention on this SENDAI lately, it is falling from high point of RM1.70 in mid July till the lowest point of RM0.995 as of today, more than 40% price slides. Do you think it is undervalue or oversold now?

From the look at this counter, it LOOKS LIKE undervalue, even the owner himself told us so and perhaps you can make some free lunches by investing into SENDAI

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When Will Index Correction End?

It's been 2 months, KLCI index has been dipping for more than 10% as of Thursday closing. What we are looking forward? Will this be a small or big bear?

As I mentioned in my post earlier, the problem is not so complicated as the financial crisis in 2008. Thus, it may not go back to where it starts again. Perhaps 2 to 3 months correction is consider a norm, as no index can goes up forever.

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KLCI Skids, Oil Price Spike Worries?

OMG, KLCI skids another 21 points right after 2nd half of the trading today, with the crude oil price spiking above US$100 because of Libya issue. 

The dramatic spike of oil price has indirectly impact most of the company earnings and direct impact aviation, transportation and power industry. It is no surprise that we can see the share price of AIRASIA and MAS vomited 10% this week.

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My Portfolio Quarter Reports Review And Action

Those company quarter reports I concerned will be out by these few days. Some of them have been released on last week and today, they are MUDAJYA, MBMR, NOTION. MEGB's quarter report is tentatively to be announced by coming Wednesday.

In overall, MUDAJYA did quite well this quarter, but it's share price was weak today. I'm expecting it's share price will gradually grow up with the upcoming solid earnings and projects to be awarded. I will continue to keep it for a higher return.

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My New Year Stock Portfolio Review

Happy new year to you. What a wonderful vacation I've in Taipei last week. I spent quite some money in investing in self-improvement books and CNY clothes. I hope they will bring me some returns in the near future. 

KLSE index has shot up to 47 point within 3 consecutive days with heavy volumes right after Tiger year. Some analysts said it's caused by foreign investment. May be, as yesterday and today volume has surpassed any trading day in year 2010. The market outlook looks bright.

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Timing Will Tell Right & Wrong?

Most of us are in the mood of Christmas, New Year and holidays. After working hard for a year, it's time to gather around with family, friends and relative to relax and have fun. Yes, time past very fast, Christmas and New Year are around the corner again!

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Small-Cap Stocks Ruled?

Look at the market these 2 days, many of the small-cap stock prices are just went wild. But the blue chips and index are just remain steady. Do you think it is due to the charm of news and rumors trading or the market is almost at it's peak? Well, we really have to make sure most of the grandma and grandpa have not start to buy shares!

Anyway, I would like to touch on 3 companies today, namely MUDAJYA, CAREPLS and NOTION.

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Mudajaya Group Bhd - Part 2

Well well well, look at MUDAJYA share price today, it has dropped about 6% after I've accumulated it on last 2 weeks ago. What's the bad news that caused the share price further down?

Basically it has no bad news lately, except the 3Q10 earning is a little bit fading compare to 3Q09 due to monsoon season. Nonetheless, the upcoming quarter earnings will be expected running strong due to India IPP project phase claim and monsoon season is over. I also hope MUDAJYA can award with some projects within the country.

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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!

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Mudajaya Group Bhd

Are you looking into or still holding any Mudajaya Group Bhd shares?

Last 2 weeks ago, Mudajaya has received a letter from SC and that came to an end to SC query as well as the poison letter. Nonetheless, even though all research analysts are positive with this company future earnings and outlook, it seems that the share price is dropping everyday right after the 'end' news. We also can see Mulpha is borrowing this opportunity to absorb more Mudajaya shares at average lower price. So what does it indicates?

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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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