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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Wednesday, June 2, 2010

Brief covering on Bursa Malaysia KL STOCKS , IOICORP and KNM



1.0) KNM








Try to downloads all from these Links:-


COMMENTS:  You must be very cautious on this stock as I personally think that the company CEO is too busy with their own share trading instead of  improving the company performance as seen from the recent Game of  taking the company PRIVATE !

The company Contract/Projects are depleting very fast, and the Today's  price at 0.500, putting it at PE of 10X  is not justified.

I would consider its  reasonable price to be around 0.350, with a PE of 6X, (The Mar,2009  low)

So the mid/ long term picture for this stock is not very encouraging...


2) IOICORP
Just download the followings from my links below:-





Comments:  Today IOI rebounds to 5.00, which is considered to be very Pricey, as this price will put its PE at 19.5X. ,it is considered Very High when  you comparing it with its competitors.

I would like to wait for  its PE to be around 15-16X, resulting in its price to be around 4.00., as the world Palm Oil price may not surge as forecast by analyst due the slow recovery in the World's Economy , especially on the doubtful China aggressive  Growth time frame may be halted/revised.(China and India are two very important importers)

So I propose you wait for the right timing to Buy this Stock, don't rush..

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