Today Trading idea is an Accumulate call on MKH

16 Dec 2011

Metro Kajang Holdings Berhad (MKH) is an investment holding company which provides project and building and develops property. The company operates employment agency, provides cleaning services, and operates a recreational club. It also provides building and civil works engineering and money lending services.


MKH made a major daily Wave C low of RM1.25 on 26 September 2011, with oversold and bullish divergent signals. Furthermore, all of its positive indicators are strongly supportive of much further upside. We feel that MKH will surge in the period mentioned above.


SHORT-TERM BUY (TECHNICAL) on dips for MKH with its firm support areas of RM1.40 and RM1.64. The potential Wave 3 & 5 upside target areas is located at RM1.84, RM1.95 and RM1.99. Stop-loss is at RM1.38.

Some trading stocks that we like are: BOXPAK,
CARLSBG, IGB, GAB, KPJ, LIONFIB, METROK, TM,
and VS.


FBM KLCI: Key Points
MKH – Inching up nicely & clearly too
FBMKLCI – Liquidate on rallies
Weaker supports of 1,447 & 1,462
1,464 & 1,490 will cap the rebounds


(Information from MBB)

Today Trading Idea is a Short-Term Buy call on VS.

15 Dec 2011

V.S. Industry Berhad (VS) manufactures, assembles, and sell plastic molded parts and electronics parts and components such as speakers and remote controls. It also markets, distributes, and sells plastic household products. It also operates a palm oil plantation.


VS made a major daily Wave 5 low of RM1.21 on 26 September 2011, with oversold and bullish divergent signals. Furthermore, all of its positive indicators are strongly supportive of much further upside. We feel that VS will surge in the period mentioned above.


SHORT-TERM BUY (TECHNICAL) on dips for VS with its firm support areas of RM1.30 and RM1.48. The potential Wave 5 upside target areas is located at RM1.60 and RM1.80. Stop-loss is at RM1.28.

Some trading stocks that we like are: BOXPAK,
CARLSBG, IGB, F&N, GAB, JTINTER, KPJ,
LIONFIB, METROK, TM, TWSPLNT and VS.


FBM KLCI: Key Points

• VS – Inching up nicely & clearly
• FBMKLCI – Liquidate on rallies
• Weaker supports of 1,445 & 1,459
• 1,463 & 1,490 will cap the rebounds

(Information from MBB)

Today Trading idea is a Short-Term Buy call on TWSPLNT.

14 Dec 2011

Tradewinds Plantation Berhad (TWSPLNT) is an investment holding company. The company, through its subsidiaries, cultivates oil palm, rubber, and animal husbandry, processes palm oil and kernel, and provides landscaping consultancy, design, and contract works.

TWSPLNT made a major daily Wave 4 low of RM2.65 on 8 August 2011, with oversold and bullish signals. Furthermore, all its positive indicators are strongly supportive of much further upside. We feel that TWSPLNT will surge in the period mentioned above.

SHORT-TERM BUY (TECHNICAL) on dips for TWSPLNT with its firm support areas of RM4.25 and RM4.68. The potential Wave 3 & 5 upside target areas is located at RM5.14 and RM6.35. Stop-loss is at RM4.23.

Some trading stocks that we like are: BERNAS, CARLSBG,
DLADY, IGB, F&N, GENP, GAB, JTINTER, KPJ, MBSB,
NESTLE, ORIENT, SOP, TM and TWSPLNT.

FBM KLCI: Key Points

• TWSPLNT – Another firm surge to new highs
• FBMKLCI – Uncertainty may prevail
• Weaker supports of 1,448 & 1,462
• 1,467 & 1,493 will cap the rebounds

(Information from MBB)

Trading Idea is a Short-term Buy call on IGB.

13 December 2011
IGB Corporation Berhad (IGB) is an investment holding and property development company. Through its subsidiaries, the company has operations in hotel management, project management, and provides construction services.


IGB made a major daily Wave 5 low of RM1.75 on 4 October 2011, with oversold and bullish divergent signals. Furthermore, most of its positive indicators are strongly supportive of much further upside. We feel that IGB will surge in the period mentioned above.


SHORT-TERM BUY (TECHNICAL) on dips for IGB with its firm support areas of RM2.00 and RM2.25. The potential Wave 3 & 5 upside target areas is located at RM2.57, RM3.01 and RM3.55. Stop-loss is at RM1.98.

Some trading stocks that we like are: CARLSBG, DLADY,
IGB, GENP, GAB, KPJ, NESTLE, ORIENT, SOP, TM and
TWSPLNT.


FBM KLCI: Key Points

• IGB – A firm Wave 3 surge
• FBMKLCI – Uncertainty may prevail
• Weaker supports of 1,447 & 1,467
• 1,470 & 1,494 will cap the rebounds
  
  

(Information from MBB)