I have posted up some analyst reports of UMW here, and you can read some very good analysis from Investssmart here. This is more or less a 50/50 play on the oil and automotive sector, so it’s important to be aware of what I call sector contamination (i.e. one sector doing well when another isn’t). [...]
Archive for August, 2006
I have just uploaded a report on Ioicorp here. Note that I do not always agree with research analysts, but that I do recognise the role they play in affecting stock prices. These reports are also good exercises in sharpening the mind and SHOULD NOT be taken at face value.
Always ask yourself “why why why?” [...]
RSI and Stochs on the KLCI are signalling oversold. However, a few charts on my watchlist are flashing breakouts (I’m sure that yours are too.) Heck. It looks like we are getting some liquidity flow from defensive stocks into some of the better quality small caps. Is this a sign that things are improving? Or [...]
In case anyone is figuring out why plantation stocks are going up, it’s because the price of CP has hit a 2 year high. Off the back of that, investors are positioning for earnings upgrades. Check it out here.
Today I lightened up to 78%-22% cash equity ratio because I think that a turnaround is imminent. Yesterday the Dow gapped up after the Fed news, but ended up closing down, which is a classic distribution pattern (i.e. when sharks offload to lambs at inflated prices). Today, last minute buying drove the KLCI up at [...]
Trading: Quick Valuation Method (JOBS)
Published by August 9th, 2006 in and Investment Notes. 0 Comments Here’s a quick method of how to quickly evaluate whether a company is good or not, using JOBS as an example.
Now the two criteria I and many other traders use is consistency and growth. So here are the few items I would look at, gleaned from JOB’s P&L:
Profit and Loss
2005-12-31
2004-12-31
2004-06-30
Turnover
54,996
34,932
16,171
Net Proft
16,371
2,414
4,039
Okay, next we look at [...]
In case you haven’t heard, the media has been hyping US Fed interest rate activity all week, so much so that it is actually making front page news. Reason? Because for the first time in 2 years the interest rates in the US may actually stop going up. Traditionally when this happens, stocks surge because [...]
I just wanna lay down some general thoughts I have been having about the land of the merlion, having been based out here for the past 5 weeks and having spoken to as many people as I could.
Okay - compared to Singapore, Malaysia is a far richer country in terms of natural resources. It has [...]
General: What would you trade for this..
Published by August 7th, 2006 in and Investment Notes. 0 CommentsThis weekend I went to Bangkok and did this:
and then after that I did this:
and then I did this:
So unfortunately I didn’t do any homework! But don’t we always say here there’s more to life than stock trading?
