Proton

Proton share price today move up despite the Malaysia market and other regional market closed lower. Therefore, watch out for this counter and can start to accumulate at 2.90 and below. The turn-around story may happen.

Will there be any adjustment from Sept-Oct ?

After the financial reporting season, investors are looking for fresh leads for the market direction. Therefore, the market may trading:

1. Sideline- if NO NEGATIVE news reported.
2. Downward - if some NEGATIVE news reported.
3. Limited upside - if POSITIVE news reported (very unlikely)

So, in order to be safe, cash out atleast 50% of your portfolio will be the next 2 months startegy. However, short term trading opportunities will emerge when the market is volatile.

Happy trading and remember to set cut loss when situation turn negative.

CPO Rally End ?

CPO Oct and Nov contract failed to break 2520 level this week and may retreat to 2335 level for coming week if the following data continue to weaken:

1. Soyabean - Friday close 37.79 (last week high 39.25). May retreat to 33.00 level if output incease.
2. Crude Oil- Friday close 67.51 (-3.00 compare to Thursday closing price).
3. Demand for CPO - the first 10 days Aug 09 Malaysia export already drop 13%. If the orders for CPO continue to reduce with the increase in output, the inventory level may go up to 1.4 m tonnes again at the end of August 09.

KONSORT?..RM1.80-RM2.20

Possible? looking at the price movement, its share price well maintain at 1.20 then 1.55 level. Any breakout at RM1.70 level, the share price may try RM2.00-RM2.20 level.

Faber. GLC Counter with good earning

2QFY09 EPS achieve 4.81 cents. Annualised EPS =19.24 cents. PE less than 6X
With PE 8x, share price can go up to RM1.52 once share price break through RM1.20 level

NCB: Port Operator...Any special dividend

NCB hold cash per share RM1.30
EPS this year = RM0.27
Dividend per share = RM0.25...translated into 8.5% DY based on RM2.92 closing price on 7 August 2009.

Very defensive counter and any special dividend payment will push the share price to RM3.20 level. IF...PNB going to privatise the company, potential price will be RM3.50-RM4.00 level.

Proton? Found New Strategic Partner

Proton share price has been hovering around RM2.60-2.80 level.
Since early of August 2009, some activities to accumulation this counter at 2.80-2.90 level and todar 10 August 2009, the share price up 14 cents.

Market talk: RM4.00 level, which is 50% of its NTA value.

Can that happen?

HK Market :Stock Watch 1- August09

1. Hong Kong Market >>Hope Well Highway Infrastructure (0737.hk----HKD 5.00).
i) Defensive counter with solid business model (collect cash just like PLUS Malaysia)
ii) Healthy balance sheet with strong cash flow.
iii) Dividend payout ratio up to 70% of EPS. 1Q09 EPS-HKD0.19..annulised should be HKD0.76. Provide dividend yield of approximately 10%
iv) Previous was HKD 7.80 level. If China market going to move further, the shre price may go up to HKD6.5 with PE still less than 10X.
vi) Even the China market temporary adjust downward, this counter is good to accumulate.