Crude Palm Oil

1. Inventory figure will be released next Monday (10/5/10)- expect to increase due to increase in output and dropping in export.
2. Scenario will be not encouraging with recent credit tightening policy by Chinese Government.
3. For this month, CPO price may test RM2378 level.

KSL (5038)
1. Property counter with EPS 0.24 (PE 5.7X)
2. Private placement @ 1.18
3. Based on track record, bonus issue in year 2003 and 2007. KSL healthy balance sheet showed that the company able call for another bonus issue maybe this year/next year.
4. TP 1.70 based on PE 7X.



APB :
1. Share price adjusted after dividend and some selling pressure due to disappointed earning for last quarter result. However, if we look into its account, cash per share jump to 57 cents per shares. Last quarter EPS less than 10 cents may due to its operating cost after the new plant started to operate.
2. Share price currently maintain at RM1.10 level.
3. Time to average and accumulate and wait for next financial result.


COCOLAND

1. Share price maintained at RM1.33 for past few weeks.
2. Share price start to try 1.41 level.
3. If break 1.45, Cocoland my try next level @ 1.60


AFFIN
1. Two research houses give TP of RM300-3.25 level2.
2. Share price trading at RM2.86. Next level should be RM3.20 with improved earning.



GOLDEN AGRI-S'PORE
1. CPO price trading at RM2700 level. Low production will push up the CPO price to 2,878-3,083 level
2. Trading at SGD 0.56. Once break 0.60 level, we may expect 0.65 followed by 0.70 level for coming 1-2 months

Stock Pick: 15%-20% potential upside

APB :
Share price well maintain at RM1.20. Good entry at 1.18-1.19 level.
Accumulate and wait for 3-6 months for next financial result.

COCOLAND
1. Healthy balance sheet with improved earning.
2. EPS - appro. 14 cent
3. Good entry at 1.26-1.35 level.

AFFIN
1. Two reserach hourses give TP of RM300-3.25 level
2. Share price maintain at 2.55 level
3. Accumulate at 2.30-2.50 level.

GOLDEN AGRI-S'PORE
1. Profit taking started from SGD0.65-SGD0.58
2. Start to accumulate - below SGD0.53

China Market- Any Adjustment?

China government may increase its interest rate again if the economy is over-heated. The market will adjust according and I think 10% adjustment will be a comfortable level for post financial crisis. Therefore, whenever any adjustment take place, remember to seek opportunity to enter the market.

For mid-to-long term investors, defensive and high dividend yield counters will be able to cushion any downward adjustment.

Recommended sectors:
1. Banking
2. Infrastruture
3. Consumer Product
4. Commodity

HK Market...Any opportunities?

Watch out for following counters if you want to take advantage on HK market.

1. ICBC Bank - HKD 5.90 ( trading buy @ 5.80-5.60 )
2. BOC - HKD 4.00 ( trading buy at 3.80-3.60 )
3. Hopewell - HKD 5.00 ( accumulate at 4.80-4.60 level, TP 6.00 )

WHY Hong Kong?

1. Liquidity - the turnover is 38X more than M'sia n market
2. Volatility - able to take advantage on the price fluctuation.

Golden Agri..Profit Taking?

The share price hit highest @ SGD0.655 on Monday. Suggested client to sell atleast 50% of the holding. Waiting for the right timing to re-enter again.

Entry point : Level 1 : SGD 0.55 #
Level 2 : SGD 0.50 #
Level 3 : SGd 0.45 #

Today Golden Agri closed @ SGD 0.59. If CPO price continue to drop, I think the share price may go down to the suggested entry price#.

CPO Invenroty increase to 2.2million tonne

With the increase in inventory level, the CPO price can not hold firmly at 2600 level. The CPO price may trading downward toward RM2350 level if the following happen:

1. export figure decrease
2. production increase

However, the CPO price may rebound back to 2600-2800 in the event the existing cold whether persist and production from other seed oil decrease.

Sort Term Trading Strategy:

Long : Level 1 : 2480
Level 2 : 2430
Level 3 : 2385

Short : Level 1 : 2550
Level 2 : 2580
Level 3 : 2625

Golden Agri and CPO Counter...CNY Ang Pow

Recap on BUY CALL on this counter on 18 Nov 2009 (SGD 0.46).


Today Golden Agri closed at SGD 0.575 ( up by 25% in less than 2 months ).

Looking at CPO price may continue its upward trend toward Feb 2010, Golden Agri may extended it movement and try to break SGD0.60 level and go higher toward SGD0.70-0.75 level.

CPO price has been moving firmly from 2200 level in October 2009 until now 2700 level (up by 22%). I believe most of the plantation companies will report better quarter result. Therefore, for those looking for CNY Ang Pow, you may try plantation counters.

Tier 1 plantation counter: RM1.00+/-
1. CEPAT-RM1.00
2. TANAMAS (GLBHD)-RM0.92

Tier 2 plantation counter: RM2.00-RM4.00
1. IJMPLNT-RM2.57
2. KMLOONG-R2.20
3. BSTEAD-RM3.46

Tier 3 plantation counter: RM4 and above
1. GENPLNT - RM6.40
2. UMCCA-RM7.96

Risk to the above suggestion: crude oil and soybean oil prices drop sharply.

Why I like APB ?

Date: 28-12-2009Sector : Oil & Gas ( fabrication)
Price: RM1.20 Stock Code: 5568 Listed Shares: 112,875,000

Comments:
1. Healthy balance sheet with cash balance of RM53 mil as at 30-9-2009.
2. FY09 EPS of 23 cent . DY of 5.4%
3. Expect 2010 earning to increase with recent plant expansion.
4. Ability to pay higher dividend in 2010.
5. Potential special dividend payout or bonus issue to increase its paid –up capital.

Target price :RM1.60 based on PE 7X (33% upside)
RM 1.84 based on PE 8X (53% upside)

Expect to pay out 1st interim dividend of atleast 3 cent by Feb 2010 and final dividend of 3.5 cent by May 2010

Efficen: (Stock Code: 0064 )..Now RM0.20

Efficen share price stable at 0.195...look attractive and based on latest financial result released on 30-11-2009, I think is a good bet for this penny stock. Low risk High return.

Even though I don't like the management to park the cash with Asset Management for their idle cash, however, we need to focus on its business and cash generated.

Safe to bet on this counter. Maybe share price will come back to RM0.26 level. 30% UPSIDE.

Level 1 - 0.225
Level 2 - 0.240
Level 3 - 0.265

危机？机会？Dubai World Crisis

1. Get ready ... look for counters that can provide 10-30% return for next 1 month?

2. Divide your fund into 2 :-
FIRST round from 30-11 to 4-12
SECOND round from 7-12 to 11-12

3. Then ...wait for rebound.

4. Counters :-

Gpacket below 0.95
Gpacket-wa below 0.45
Maybank-CM below 0.10
Connect below 0.04
APB below 1.15
PJD -WB below 0.11

Good Luck.

ConnectCOUNTY: stock code 0102

0102...nice number.


NTA : RM0.04
Borrowing: RM1.1 million

Quoted from interim financial statement dated 30-9-2009
There is no outstanding uncompleted corporate proposal as at the date of this quarterly report. Notwithstanding, as a result of its GN3 status premised on the regulation as per the Bursa Malaysia Securities Berhad ("Bursa Securities") ACE Market Listing Requirements ("ACE LR"), the Group is required to submit a proposal to regularise its financial position by 25 October 2009.
The Company had on 7 October 2009 submitted an application to Bursa Securities for the following:
(a) to adopt the new regime under the ACE LR in respect of the requirements which are to be complied by an affected listed company;
(b) extension of time for CCHB to appoint a Sponsor in accordance with Paragraph 8.04(3) of the ACE LR; and
(c) extension of time for CCHB to submit a regularisation plan to Bursa Securities in accordance with Paragraph 8.04(3) and GN3 of the ACE LR.
(collectively referred to as the “Application”)
Bursa Securities had vide its letter dated 22 October 2009 approved the Application subject to the following conditions:
(a) CCHB to appoint a Sponsor and make the relevant announcement by 30 November 2009; and
(b) CCHB to submit the regularisation plan to the relevant authorities (“the Approving Authorities”) by 25 February 2010.
The Company is currently in the midst of discussion with potential principal advisers for the appointment to be its Sponsor and will make further announcements on any material developments in respect of the appointment of a Sponsor in due course.


Now trading at 0.035-0.04 level, picking up from 0.02 level. ( provide 75% return).

Trading strategic for PN 17 counter:
1. If you make some profit from recent trades i.e. RM2K or 3K, you may try this counter.
2. Worst case scenario: you may be able to sell at 0.015-0.02.
3. if we are lucky, may be the share price can try 0.05-0.08 level ( 42% to >100% return)

Affin..still not too late....

If share price able to maintain at 2.30-2.40. Start to accumulate.

Suitable for short term and mid term investment:

1. When economy is recovering and interest rate tend to be adjusted upward slowly by next year.
2. Earning increase for banking sector.

Still not too late to look at this counter.

CPO hold firmly at above 2300 level And Golden Agri

Recap on comment dated : Monday, October 26, 2009

CPO..stable because of weak USD
CPO price will be stable at above RM2180 as long as USD is weakening and picking up in exports figures. The export figures from 1-25 Oct 09 vs 1-25 Sept 09:ITS (+16%) and SGS (+6%).My notes dated 8-9-2009 on CPO already highlighted that US will adopt a weak currecy policy in order to boost its exports. This scenerio will continue for at least for the next 3 quarter until US government feel its economy is stabalised. The next indicator to watch out should be US interest rate. A weak currency will continue and will start to strengthen when US increase its interest rate.Short term startegy:1. If CPO break above 2240 level, next target should be 2285 before reach 2338.2. If CPO break below 2200 level, next target will be 2179 >> 2125Therefore, if CPO price down to 2100 or even lower, it would be safe to LONG for Jan2010 / Feb 2010 contract.

---------------------------------------------------------------------------------------------
Today CPO closed at Feb Contract: 2400 level

I believe any downward adjustment will be temporarily and it will trending upward to 2500 level toward Feb 2010.

Therefore, opportunity to invest in plantation counters for the next 3 months may provide 10-30% return. Top pick : Golden Agri (Indonesia company listed at Singapore SGD0.46)

Why?
1.) exposure to plantation sector since earning is picking up compare to early of this year
2.) riding on Singapore Dollar appreciation ( if you believe)

Golden Agri being the 2nd largest landbank plantation company in the world is doing well and continue to grow. Low gearing and having a good distribution channel in China.

Level 1 : SGD $0.50
Level 2 : SGD $0.55
Level 3 : SGD $0.60

20-30% potential return. Good Try!

PJ Development..Strat to move

Today volume increase and closed at RM0.735.
The listing of its subsidiary should add more good news to PJ Dev and help to unlock its value.
Level 1 - RM0.78
Level 2 - RM0.82
Level 3 - RM0.99

From now until listing of its subsidiary- by 1Q2010....almost 3 months, provide potential return of approximately 30%.

AFFIN

Finally newspaper published: rumour saying Hong Leong Bank merge with Affin Bank..Whether the merger news reliable or not, the salient point is that Affin being the cheapest banking counter worth to consider especially most of the banking counter already moving up.

Efficien:0064..WHY Invest through Asset Management?

In order to maximise the return for idle cash sitting in bank account, the management should use their expertise to find a viable investment option to generate more profit for the company instead of parking money with fund manager.

RM8 million parking with fund manager? ...If lucky, RM8 million make 10-20% return. IF NOT LUCKY..????

As a listing corporation, try to avoid any investment with uncertainty. The other option for using the cash is to pay out as dividend and make the shareholder happy.

APB...still can consider

For defensive investor, this will be the good counter to invest.

Consistently payout dividend of 10 cents (dividend yield of 8% based on share price RM1.20, better than FD rate). Good management team and healthy balance sheet.

4Q2009 financial result will be released soon by end of November.

Affin Bank..the laggard Banking Counter

Recap on comment dated: Friday, September 11, 2009
Topic: Stock Watch: Affin Bank .Why?

1. Strong shareholders- LTAT, Boustead and Bank of East Asia (HK)
2. Public spread - major shareholders hold most of the shares and easy to "push" when any annoucement is made.
3. PE - low PE (8X based on RM1.93), industry PE is 14X for 1st tier bank. IF, given PE of 10X, price may move to RM2.40. PE 12X, target price RM2.88

Any Risk?
Strong shareholder back-up. Don't worry.

If you are looking at 14-20% return within 3 months...Good TRY



Recap on comment dated : Tuesday, October 13, 2009 AFFIN BANK...
Don't forget this counter. Potential move to RM2.40 if break

1 level: RM2.10
2 level: RM2.25

PE for FY2010 = less than 10x...suitable for defensive investors with target return of 10% within 3 months.

Current share performance
The share price moving up slowly and good support at RM2.10 level. The next target will be RM2.25--RM2.50 --R2.80.

Bank of East Asia continue to increase its stake in Affin Bank through open market.

Salcon - (Stock Code 8567)

Prospect:
With a stronger order book in construction and improved profit contributions from China concessions,the Group is confident that the current financial year’s performance will improve barring any unforeseen circumstances. The Group continues to expand its core businesses overseas and had set up an office in Ho Chi Minh City, Vietnam in April 2009 and is setting up an office in Hyderabad, India, to tap into the vast construction projects for water and wastewater in these two highly populated countries.

NTA = RM0.65 as at 30-6-2009
Financial position = OK
Support level 1: RM0.510
Support level 2: RM0.560

Resistance level 1:RM0.610
Resistance level 2:RM0.650

Consolidate at RM0.510-0.550 level. Good buy at RM0.55-RM0.58 level.
Any breakout at RM0.620 level will see the share price try RM0.68, then RM0.75.
Hope the 3Q financial result can show good improvement then we can expect the share price moving up.

Good Luck!

PJ Development..Propose Listing OCC CABLES BERHAD

RATIONALE FOR THE PROPOSED LISTING (quoted from annoucement made in Bursa website)
The main purposes of the Proposed Listing are as follows:-
(a) To enable OCB to raise funds from the capital market to finance the business activities
and expansion plans of the Group. Being accorded listing status will allow OCB Group
greater financial flexibility when pursuing its growth plans;
(b) To enable PJD Group to unlock the value of its investments;
(c) To provide an opportunity for the investing community, including the Malaysian public,shareholders of PJD and eligible Directors, employees and persons who have
contributed to the success of the OCB Group to participate directly in OCB’s equity and continuing growth; and
(d) To enable OCB to gain recognition and corporate stature through its listing status.

PJD today closed at RM0.675. If able to break RM0.75, maybe can go up to RM0.80
NTA = RM1.70
EPS = RM0.06 (estimated for FY2010)
Dividend = RM0.05 (dividend yield 7%)

CPO..stable because of weak USD

CPO price will be stable at above RM2180 as long as USD is weakening and picking up in exports figures.

The export figures from 1-25 Oct 09 vs 1-25 Sept 09:ITS (+16%) and SGS (+6%).

My notes dated 8-9-2009 on CPO already highlighted that US will adopt a weak currecy policy in order to boost its exports. This scenerio will continue for at least for the next 3 quarter until US government feel its economy is stabalised.

The next indicator to watch out should be US interest rate. A weak currency will continue and will start to strengthen when US increase its interest rate.

Short term startegy:
1. If CPO break above 2240 level, next target should be 2285 before reach 2338.
2. If CPO break below 2200 level, next target will be 2179 >> 2125

Therefore, if CPO price down to 2100 or even lower, it would be safe to LONG for Jan2010 / Feb 2010 contract.

Efficen: (Stock Code: 0064 )

1. Healthly balance sheet
2. EPS appro. 3 cents and PE for FY2010 7x-8x
3. Cash per share around RM0.047.

If able to break RM0.25 level, next target should be RM0.30.

AFFIN BANK...

Don't forget this counter. Potential move to RM2.40 if break

1 level: RM2.10
2 level: RM2.25

PE for FY2010 = less than 10x...suitable for defensive investors with target return of 10% within 3 months.

NOTION VTEC-0083

Still remember my views on 2-10-09:

1. Company consistently making profit.
2. Healthy balance sheet.
3. Accumulation started at 35 - 37 cents level.
4. Breakout at RM0.385 level on 24/9 and close at 41.5 cents.
5. Stable again at 41-43 cents level.Comments:

No harm to try this counter and wait for 50 cents first target.

The share price stable at RM0.465 level for few days and today finally break RM0.50.

NEXT: TRY FOR RM0.54 BEFORE TEST RM0.60 LEVEL

Happy trading

TIME.....time to move?

Volume increase from daily average2K lots to 22K lots (half-day).
First level RM0.33-0.35
Second level RM0.40
Third level ---- ?


Alternate choice to TIME ( PN17 counter) is TIMECOM.

GOOD LUCK!

APB-Resources Bhd

After the selling off on 30/9 @ RM0.975, some buying support at RM1.00 level and share price touch RM1.05 today. If this level able to maintain and pending for coming announcement on financial result, any breakout at RM1.10 level will see the share price to move RM1.20-RM1.30.

Affin Bank

Bank of East Asia increase its stake in Affin Bank through open market. From Bursa record, the transaction should be done at RM1.95-RM1.92 level.

NOTION VTEC BHD

Company background (Main Board: Stock Code 0083)
A high precision engineering specialist. Notion VTec is one of biggest high precision engineering specialists in Malaysia with 2 manufacturing plants in Klang, Selangor, which it has expanded a few times since its IPO in 2005.

OSK Research give target price RM0.585.

My views:
1. Company consistently making profit.
2. Healthy balance sheet.
3. Accumulation started at 35 - 37 cents level.
4. Breakout at RM0.385 level on 24/9 and close at 41.5 cents.
5. Stable again at 41-43 cents level.


Comments: No harm to try this counter and wait for 50 cents first target.

APB..opportunity to accumulate

Some selling pressure on 30-9-2009 and provide opportunity to accumulate this counter.
The price stable at RM0.975 on 1-10-2009.
Start to accumulate.

CPO..tight range BUT something is going on.

The open interest for December 2009 contract hit 34,625 contracts indicates that a very strong accumulation for CPO contract. The movement for coming weeks will be volatile when all this contracts going to close-off. Therefore, there will be a big swing in CPO price if certain news is announced. Belows are the possibilities that may happen:

1. Sales of Sime Darby10% equity to China government-CPO price to move up to 2,300 /2,400
2. Inventory level increase substantially and demand for CPO drop drastically- CPO price drop below 2,000 level.
3. Demand for CPO increase and Sept inventory level below 1.41 million tonnes- CPO price move up to 2,200/2,250 level.

Cautious trading for CPO. Good luck!

TIME..After Restructuring

Watch out for TIME (stock code 4456). Currently trading at RM0.285.

Automative Industry

The recent run up of some automotive counters trigger some market interest especially the "taiko" -PROTON moved from RM2.9 to RM4.50. After screening through some of the companies, belows are my selection for those interested in automotive counters:
1. SUNCRN
2. DELLOYD
3. NHFATT
4. APM

Warrants.

Warrant Expiry Date Exercise Price Closing (23/9) Underlying Share
BRDB-WA 26/09/2012 RM1.10 RM0.605 RM1.69
TGOFFS-WA 07/04/2016 RM0.55 RM0.860 RM1.29
RAMUNIA-WA 19/12/2014 RM0.51 RM0.260 RM0.49

My basis of considerations:
1. Expiry date : more than 3 years.
2. Underlying share : BRDB and TGOFFS posted profit for the past three years. As for Ramuinia, I believe the SIME-Ramunia "story" still intact.
3. Trading at low premium after conversion except Ramunia-wa.
4. From now till the next 3 years, I think there will be atleast a few rounds of uptrend for our KLSE.
5. Do not put all your money in these counters. My advice will be 10-20% of your fund for this kind of risky counter or use whatever gain from previous investment to try your "luck".

Abritraging opportunity:
Ramunia-PA (20/12/2009), PA trading at RM0.43, conversion 1:1, Underlying RM0.49 ( provide 13% potential return for 3 months), provided RAMUNIA share price hold RM0.49 and above.

KURNIA ASIA

If you beleive Capt. Chai, the new CEO of Kurasia able to turn around the company, then maybe we can expect the share price to move back to RM1.00.

Kurasia share price has been slowly moving from RM0.60 to RM0.75 . It look like some activities to accumulate this counter.

RM1.0-RM0.75=RM0.25 ( 33% upside)

If the company able to deliver positive/better result for coming quarterly financial annoucement (ended 30-9-2009), then we should consider this stock.

Proton...finally

Proton share price move to RM4.50 level followed by annoucement. Take profit at this level for those entered at RM2.90 ( 55% return within 1 month).

If you wish to wait for RM5.00, my advice will be.... cash out atleast 70%.

Go for other counters / opportunities ( either in Malaysia or foreign market).

APB-Resources BHD ( share price:RM0.97)

Background:

APB Resources Berhad and its Subsidiaries (APB Group) are involved in the fabrication of specialized design engineering equipment for petrochemical process industry, chemical industry, oil palm processing industry, paper mill industry and power generation industry, and the provision of non-destructive testing services.


APB Resources Berhad is listed on the Main Market of the Bursa Malaysia Securities Berhad.



Suitable for mid-long term investors :

1. dividend yield of 6-7% p.a based on RM0.97 closing price.

2. EPS for cummulative three quarter @ 13 cents / shares.

3. potential to increase capacity with additional land acquired and increase in its EPS.

4. No borrowing. Net cash position of approximately RM0.40 per shares.



Risk : counter illiquid.


If the company management able to secure more contract for coming months, I think the potential is there. 12 months target price : RM1.30 of its NTA

Stock Watch: Affin Bank

Why?

1. Strong shareholders- LTAT, Boustead and Bank of East Asia (HK)
2. Public spread - major shareholders hold most of the shares and easy to "push" when any annoucement is made.
3. PE - low PE (8X based on RM1.93), industry PE is 14X for 1st tier bank. IF, given PE of 10X, price may move to RM2.40. PE 12X, target price RM2.88

Any Risk?
Strong shareholder back-up. Don't worry.

If you are looking at 14-20% return within 3 months...Good TRY

CPO..rebounded.

CPO today closed higher. Crude Oil and Soybean oil rebounded due to weak USD$.
US will need a weak currency in order to boost export to help its economy atleast for period of 1-2 years. Therefore, we need to be caution about the commodity prices as we can not expect a low commodity price during recovery period.

As for CPO, I think 2100 level is the immediate strong support (worst case scenario is 1835 level for short period of time only).

Trading range for this week is 2127 - 2248. If 2248 break, then the next level will be 2300.

After Proton...Can DRBHCOM Move?

Fundamentally DRBHCOM do not warrant any good value. However, being a GLC proxy, this counter may give us a surprise. Target price RM1.70 given by financeblogspot. It look like accumulation at 1.15-1.20 level. If you are looking at 20% return for short term trading, target price of RM1.44 is achieveable.

Proton today break RM3.50 and hit high RM3.70. Good move and volume increase.

Happy trading and maybe can get some Hari Raya Ang Pow.

CPO..Time To Rebound?

After three weeks of selling pressure, CPO Nov 09 contract closed at RM2130. (15-8-09, CPO still trading at 2400-2500 level). The next support level should be 2099, 2050 and 2000 level. If OPEC decided to cut output, crude oil may sustain at USD$68 level and CPO may sustain at 2100-2155 level. Time to LONG CPO for short term trading and SHORT level should be 2175 and above.

Proton...Really Want To Try RM4.00? 4-9-2009

Proton share price has been hovering around RM3.00 to RM3.10 for 2 weeks and finally break RM3.10 level and touch RM3.30. Today closed RM3.17 with volume 2298 lots traded.

If the share price able to maintain at RM3.15-3.30 level for coming week and with any annoucement to be made, I think the share price may try RM3.50 level next week.

Happy trading

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.