KL Market

With a lot of sideways movement lately, there are not many exciting news to comment. So I’m just going comment on some old news, it does not seems to excite anyone when a number of countries already out of recessions(not technically) but certainly turned positive for the last quarter. Malaysia economy grew 4.5% in Q4 ‘09 and now most analysts are forming a consensus of 4-5% growth for 2010. The bu……
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Turtle bought 500 shares of Genting Berhad at RM $ 6.29. There are a plenty of research reports about this stock but my views will be given over the weekend write up…….
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Buffett does not make prediction very often, since he is making a call we had better pay attention:“Within a year or so, residential housing problems should largely be behind us,” Buffett wrote Feb. 27 in his annual letter to shareholders of his Berkshire Hathaway Inc. “Prices will remain far below ‘bubble’ levels, of course, but for every seller or lender hurt by this there will be a bu……
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Just updated some of the records. Added $ 888 March saving and XDL shares acquisition…….
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XDL, XiDeLang, is a Chinese shoe maker based in Jinjang. The company went public in KLSE November 2009 but unfortunately from the day the company went public shareholders lost almost 50% within four months. The company looks OKAY fundamentally. The management has been working hard to build a brand in a very competitive sport shoes market. There are at least 3,000 competitors in Jinjian alone. Chin……
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I’ve mentioned before about caveat emptor - let the buyer beware. There is an exception to this principle - caveat venditor - let the seller beware. The seller is responsible for the product liability if there is any fraud, misrepresentation or concealment of facts.While this seems to be a good news but there are a number of practical problems when it comes to share investing. 1. What is the produ……
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I have seen a lot smart people making good arguments but sometimes they have overdrive things …… started off with solid argument of the cause but ending with low probability of cause will happen or over-exaggeration of the effects. Consider these argument:-http://www.bloomberg.com/apps/news?pid=20601087&sid=a4MydrE5VOEM&pos=4The argument was China got a problem, it has got a bubble problem, wh……
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So commented Richard Russell, editor of Dow Theory Letters, after the close of Monday’s trading, in which the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,383, -18.97, -0.18%) finished a lackluster session with just an 18-point loss. The prior trading session — last Friday’s — was even less exciting, if that’s possible: The Dow gained just 9 points that day, prompting……
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If this stock hit RM 10, this would be my ten bagger stock call. Since the company is focussing on organic growth, to generate winning streaks earning growth will not be on a smooth path. One also needs to be mindful that rubber price has been on the uptrend, soon cyclical costs like energy cost and macro trend like Ringgit strength and etc will come into play. I’m, however, still deeply satisfied……
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I’ve been calling to buy something have not done anything for Turtle portfolio yet. With the CPO price is hanging around RM 2,500. I’m quite serious this time to call Tradewind Plantation a buy. Annualized their latest quarter ended 31 Dec 2009 will make it an interesting trade. Why I call it a trade and not a long term buy? It’s because of its high level of debt of close to about RM 940 million d……
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