NPL 3 months

NPL (Non-performing loan) from 6 months to 3 months! It is going to impact banking stocks. Reason is banking NPL ratio would jump. Foreign funds would rather reduce stake on banking stocks. Avoid weak management banks. OK to keep well management banking stocks. See how Dow performance in coming weeks.

Dow Jones Bear ?

Dow Jones Index (DJIA - USA Index) began rebouncing from Lehman Brother crisis in March 2009. In June 2009 bull trend was confirmed. After 9 months of bull market, it is time for correction. We found DJIA broke support 2 days ago. Recommend investors to take profits and reduce position.
Dow weak, world fear. Bear's turn.

GENTINGSP (Singapore)

GentingSP up from S$0.330 to S$1.30 recently. Quite a good margin for a pre-opening of resorts. USA invested to open a new era of casino resorts in Korea will become a big competitor to GentingSP. It is wise idea to take some profits at this stage.

KLCI 1,300 highest ? Is it danger?!

Today KLCI hit 1300 points. Many ask about highest point in Malaysia??
Let look at historical data: 1997 highest was 1,314 points. 2008 highest was 1,330 points. If you remember, our index has been changed from 100 stocks to 30 stocks. It means there is some adjustment need to be made. 2008 highest was 1330 but based on today adjustement it should be 1,530 instead. Therefore, KLCI highest is 1,530 points. We are not at the highest point at this moment. We believe wolrd recovery would lead us to 1,500 points this year.

WCT & WCT-WB

Technical chart shows WCT is waiting for a signal or starter. Recent India deals may be benefited WCT. Currently RM2.75 & WCT-WB  RM0.585. We recommend buy. Target price for WCT could be RM3.30 & RM3.90. WCT-WB RM1.00 & RM1.30.
Happy trading. Beat IT.

UEMLAND proposed Right Issue

Any right issue is not a good favor for investors especially when the company is using our money to pay off debt. On the other hand, it is good for the share price to be better then. In this case, due to the time constraint, it is unfavor for UEMLAND-CA. Sell on rebounce.

Properties Sectors UP !

Long waited properties stock finally up. Profits take if went up much or heavy volume. The game is buy low sell high anyway. Watch those cum with warrants, got room to grow. New properties stock like TAGB sure got potential.

STAMCOL #9563 volume sudden jumped. They are settling some debt by disposing assets. Watch if they could resolve the PN17.
*Volume must be there to move price.

Penny Stocks

2010 opening at a very good tone. Volume up and price up gradually. Sign of funds entering the market. At this stage, they are accumulating. Follow them, be friend with them; because we are unable to fight them! Penny stocks are going to be the Chinese New Year trend. Grab some for Ang Pao 2010.
Happy trading.