Monday, June 6, 2011

June & After May 2011 Analysis

The market being bearish most of the time at May. But in June I am expecting some bullish market soon after FTSE upgrade and also major oversell in May. But due to market correction and holiday in the beginning of June, I guess it should take somemore time for the bull to arrive.

Let's take a look at those counter I have recommended.
1) CENSOF - Buy at 1.32 and got 1 bonus share, so logically you got 1 to 2 split. current share price is RM 0.75 x2 = 1.50 so 18 /132 = 13 % profit i think not bad for 1 month investment. especially now CENSOF just got LOA for 22 million project from MOF.

2) KAWAN - though not much has happen and it is still with low volume, but if you grab it previously at 1.23 you should be able to sell it at 1.40 before the dividen entitlement. another 17 cents profit for 1.23 so 17/123 = 13% profit i should say.

3) CAREPLS - nothing much has happen for this counter. still holding it until the warrant entitlement. I guess nothing much to lose when the price is stable. waiting for better news to make this counter shoot up!

4) ASTRAL SUPREME - buy price should be at 0.245, and if you look at the historical chart, it is on weird pattern of up trend. either you can sell it at 0.28 for some profit or you can still wait for OR entitlement.

5) KFM - nothing much has happen since the buy in, will wait for entitlement date shoot up!

6) SEACERA - 64 cents are no more available after the announcement. so everything goes up to 70 cents+ and highest at 77 cents. and now is hovering at 70 cents. to sell at 77 cents you make you 13 cent profit for 64 cents investment! 13/64= 20% gain!. it also has a good quarter result. if you plan to hold this long is still a good counter. wait till the next quarter result and also entitlement date then it should have another shoot up!

No comments:

Post a Comment