Ah onion.

OT.

Finding a catalyst, a driving factor is important when you want to trade a stock.

Remember how you asked me for a simple 555 example back in May, and I simply threw the idea of Benalec?

See how the catalyst worked out?

The strong share buyback drove the stock up from its trading range of 94 sen.
That was the driving factor for Benalec then.

A simple understanding of what's happening + the charts made Benalec a trading option in mid May.
All it took was a little homework. 

Strong, aggressive share buybacks (not the small buy backs) is one driving factor.

Insiders/directors buy backs is another.

Ok, I just noted this one a few days back.

http://klse.i3investor.com/servlets/stk/annchdr/3557.jsp

Can you see the continued back backs?

The latest one, had Teoh Seng Kian buying 1,988,800 shares at 31.5 sen on 30/6/2014.

That's quite a strong buy back, yes?

Here is the chart:



Does this director know something the market doesn't know yet?

So a simple question would be: "Would you want to speculate on this penny stock base on this info?"
* this one just a simple example lor.
you need to look for factors that might make a stock attractive.
Stocks without catalyst is like..... kissing frogs and hoping they turn into something else

Oh, I hope I don't get those idiots remarking this example as a tip from me. So damn annoying one.

Ah Onion..

LOL!

My blunt answer is no.
high NTA value is a known factor leh.
Nothing new.

Eh? PMC a PN17 stock meh?
My trading platform shows no leh.....
LOL!

I believe la....
a lot of stocks already fully valued..................    

Finding gem now...... not easy.

Look I can always share some 3 sen views on individual stock charts.
However, this is where it can get sensitive............ LOL!
mainly cos I am blunt...
I will say things as I see it at that moment of time...
and many times...
what I say is not music to the ears....

First thing .....
555 stuff....
you need to explore and explore...
you need to test out where your strength and most important, your weakness...
and obviously, once done, focus on your strength and stay the F ... away from your weak spots.
It's that easy.
LOL!


secondly......
like I said recently....
a lot of fundamentally good stocks, they are more than fairly valued.... *whistle*
right now....
in case, you did not notice.... goreng stocks is in vogue.
which means.... a lot of fundamental stocks are finding it hard to move higher...
simply cos.... it's not cheap....
and when it's not cheap...
or there isn't any positive catalyst ....
there won't be any buying frenzy on these stocks......
Now for the fundamental stuff you mentioned........

NTA.....
I tell you this....
this is about the worst indicator one can ever use when they invest....
Cos it's risky....
and when it's risky ..... it simply means it's not reliable....

and.... even if it's reliable..... does the investor really benefit always?
Answer is NO .... !!!!!!

You read how blatant some research reports argue about undervalued properties held by a company...
they argued the company had not revalued their landed properties in many, many years....
and once if they revaluation is done... the company should be worth much more.
TRUE but will the shareholders really benefit?

Example recent case in this thread: post #1012

Delloyd was sitting on a huge piece of land...
land bought very cheap...
recently the WCE proposed highway cuts right thru the land....
oh yeah... the land has not been revalued to CURRENT day pricing....
Estimated value price of the land? 1.55 BILLION!!!
and what did Delloyd do?
they made a privatization offer at 4.80, which effectively values Delloyd at 480 million only!
Good for the big sharks isn't it?

So you better be aware of such risks.
High NTA does not necessary means the shareholder will benefit.
Properties not valued to current market prices does not necessary means the shareholder will benefit either....

SEAL, must do some research mar...

First news: http://www.thestar.com.my/Business/Busines...heds-old-image/

Second: Look at the quarterly profits announced on 30th May.
Learn to see the cash flows.
That sort of verified the quality of the turnaround.

Mix that with the news, one should understand that this is one new company already.
But from a risk management analysis, one HAS to asks if the this success is sustainable or not.
for a property company, I believe you have to address the future projects issue, land bank etc...

ULI?
look very simple.
maybe my england like england football not good.
below average company.
very shoddy past.
we have the cooking of books issue...
then the French MOU thing in 2011 used to goreng the stock high, high.....
Absolute not a fundamental stock for investors.
But from a goreng investor point of view... this stock HAS THE GORENG FACTOR.
this is a stock to watch.

20th June they announce one fun(d) from one small island buying the stock...

this is where you need to ask...

BUY FOR WHAT?
fundamentals ah?
Remember last 5 year track record showed declining profits ( ie Uli's last 5 years profit track record read 21m, 18m, 16m, 17m, 16m. )

So if the stock fundamental is poor...
stock got kena goreng cow cow before using lame execuses....
and now foreign fun(d) from small island come buying.....

what's your conclusion?
mine?
OPEN STORE FOR GORENG SEASON!



See ULI's trading volume on 23th June...
what you see?



Remember...
no volume, no action
no action, no money
no money, no honey!