I will be travelling this week so won’t be posting as much. However, I have put up Air Asia and Sime Darby reports here. My only comment is that Air Asia is a company in an industry which is highly affected by oil prices. Should oil fears recede, I think this counter will benefit.
I have [...]
Archive for August, 2006
I’ve managed to get my equity-cash ratio down close to 12% now. With prices as they are, it’s like if you owned a shop selling chocolate cakes and suddenly there was a great demand for chocolate cakes all over the place. In order words, it’s a seller’s market and I stick to my original plan, [...]
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Report here. This is a solid company which has posted gains every year for the past 5 years. Since Feb it has retraced 38% of its value and seems to have found support at this level. Now this is what I mean when I talk about good companies getting whacked.
Over the near term, we have [...]
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Maxis broke out of its range on the release of its latest quarterly, and the lack of any run up to the release means that the sharks are not playing this large cap. However, what I like about this setup is that it pulled back today on weak volume. That usually means some profit taking [...]
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Today I posted a bunch of reports on Maybank, KLK and Maxis here. I am a bit snowed under at work so I haven’t had the chance to look through them properly, but here are some more questions to ask yourself when you read these reports:
1. Are they telling you something which isn’t already in [...]
Another week to go when people start to come back from holiday and try to make some money before the year end. Until then, the market is trading on thin volume, which is the place to be if you play the manipulation game. Since I am not, I am staying out and waiting for the [...]
