***UPDATE on 01-03-07***
Bkawan had a bonus issue yesterday which caused the price drop, so the setup is not valid. Hence I did not go in.
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Bkawan hit my accumulation level today. I set this target back in August last year so I never expected to get my setup but it has happened so I’m going to [...]
Archive for the 'Batu Kawan' Category
Happy Chinese New Year!!
Published by February 18th, 2007 in Batu Kawan and Tenaga Nasional Bhd. 1 Comment Gong Hey Gong Hey and all that…
Let’s see whether Uncle KLSE is going to give us more angpows next week. Certainly all the newspapers seem to think so. It’s certainly not an understatement to say that the optimism is infectious. Everyone from uncle Sam to Cindy the hairdresser is talking about the stock market. Interest [...]
Trading: Asiatic + Bkawan + Plantations in general
Published by September 16th, 2006 in Asiatic Development and Batu Kawan. 0 CommentsIt has been a while since I have identified any stocks worth buying as I am bearish the market and did not participate in the last runup since July (except to sell my shares). However, due to the recent weakness in commodities and oil, some of the plantation stocks have been retracing. When retracement reaches [...]
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 [...]
I just want to alert you to a magnificent breakout by one of the stocks in my portfolio today. Bkawan, being a good plantation stock, is enjoying some added liquidity from buyers flying into quality. If you’re a swing trader looking to make a quick buck over the next few days, I can’t think of [...]
Trade Entry: Air Asia and Bkawan
Published by April 17th, 2006 in Air Asia and Batu Kawan. 0 Comments Bizfun.cc’s daily EOD data did not update today so I am actually posting yesterday’s charts today with todays closing prices written separately below.
KLSE seems to be holding its level and these 2 good stocks below seem to be experiencing” greater relative pressure”. The one thing I like about AirAsia is that it is outward looking [...]
Bkawan is a good company producing solid returns in a sector which Malaysia can sustain its competitiveness (chemical manufacturing) although I don’t really like companies which are too diversified (this one also owns stockbroking co. Smith Zain Securities) and have a ‘low balance float’ - around 12%. But still, you can’t argue with its [...]
