It's no mystery; these are some GLC counters that have had huge hits since a few weeks back and more recently since the GE. No doubt everyone has their opinion on what the future holds for these counters but what I want to know is what YOU think. Give a simple forecast and justification on why your forecast is so. I want to look back at this thread in a year or a year and a half and see which one of you guys got it right. Should be interesting go predict away...

To predict those kind of stock, you need to predict the political outcome of the future and favourism of political leadership on the particular stock.

Just my opinion, doesn't necessart valid and correct.

I agree with you on that but what would you bet on? I believe some of the companies listed have better outlooks than others. I would say that KPS and KHSB will continue to be relevant just that things need to be re-negotiate and adjusted etc and their new price levels would emerge which would be lower than previous highs but not necessarily 0.30cents for KHSB which i think is quite low given the amount of land it has and the potential appreciating value on those pieces of land. Previously I thought Putera was going to be pushed by having 2 major construction projects granted to it but it seems that 1 of 2 of those projects are not likely as it takes place in Penang i think. I think there is one in Johor that might still be announced dependant on the time. I think Putera current lows won't last and most might disagree with me on that one. I believe Timecom will reform and potentially rethink it's business model and see better days so I say a rebound long-term for that. I'm bullish on scomi below 0.80 as although it is quite a linked company but i feel that it's business is genuine and will be profitable in the long-run as a result of it's expertise in O n G and construction as well as monorails. KUB i believe will rebound long-term but I have no justifications besides that it is a linked company and they won't let it sink (I hope).

naz_b_85,

This is my personal opinion. Avoid ALL GLC and GLIC. They are BAD investment. Malaysia will become NET OIL IMPORTER in 2010 to 2012. So, we will run out of OIL MONEY. So, we do not have the MONEY to bail out those companies.

Look at the NEW project such as Penang Second Bridge. They are Private Finance Initiative aka not finance by the government. Other projects supposedly financed by the government is not moving forward. So, those are the signs that we are running out of money for MEGA PROJECTS.

Scomi? Spend some time in Malaysia today web site and see whether you are still confident on this counter.

Dreamer

Ok, your opinion noted. Personally I do not have much holdings in these stocks except for abit of timecom and scomi but I am very interested to see their prices in a year or a year and a half. My personal stock picks? Nothing....not for now...I am waiting for the situation to settle down and look for clearer indications for the industries that i'd get into and which stocks in which industries are good fundamentally. I am not much of a trader; more of an investor.

---

Added on March 18, 2008, 11:38 pmInteresting also to consider whether our finance be shifted over to palm oil. Have to look at future palm oil prices for that one...

This post has been edited by naz_b_85: Mar 18 2008, 11:38 PM

For me, it is a simple answer --> I would bet non on those.

The sky is so big and plenty of opportunites out there, don't necessary need to choose among them unless there are only six stocks in the KLSE.

This post has been edited by cherroy: Mar 18 2008, 11:42 PM

Actually I meant not betting on them but their futures (what do you think their future is if you just speculated). I wouldn't touch them either now...

This post has been edited by naz_b_85: Mar 18 2008, 11:45 PM

naz_b_85,

IMHO, they have NO FUTURE.

Dreamer

simple way,

you may go to yahoo finance and dig back those counters (that you mentioned) price way back in 2005, 2006 or 2007. you do the comparison. see how much they have "grown". (isn't more realistic than you go and predict how far its price can go in the future)

if you feel that it is hassle to do those research,
another simpler way,
do consider dreamer101's opinion.

This post has been edited by panasonic88: Mar 19 2008, 09:47 AM

see how much they have "grown"<---the magic bean as hot as before already..i predict slower growth:(

I understand what most of you are saying. Yes, hangus GLC stocks are not worth the investment. I too personally would not touch them. There are better things to get. And typical enough, everyone has given an answer to what is easily foreseeable. "no future", "slower growth" etc etc. It was expected and this is what 99 out of 100 of us would say. Are we realistic or are we pessimistic? I don't think I need to tell any of you the image that people have of Malaysian traders. Although I share your opinions but I for one am not the type to dwell on negativity too much. Yes I would say do not touch them, yes I would say there are hundreds of better options but no I would not say it to a tone of exactness. The future of stocks have a way of surprising everyone. We are surprised by the markets more times than not. Look at financial records? Yes useful but did you think that a company may react towards better growth and a new beginning when it is forced to do so as opposed to previously always been spoon fed? So in the end for me, although I would say what we have all said, I would also say that we just might also be surprised.

@naz_b_85

could you please write in paragraph?
i hope your ENTER key on your keyboard is still working

Haha, too long is it?

Ok, I'll keep this in mind for the benefit of your eyes.

See, already doing it...

It is not we pessimistic, just based on experience, we saw more 'disappointing' result and outcome than the good one.

Financial result is the ultimate guide how far one stock can go, after all investors invest in a company is looking for return, right? Do you want to invest a losing money company and give you no return?

Yes, some company although reporting losses still can sustain high share price because of growth potential ahead and turn into profitable in the future, but it still needs to deliver the good afterwards. So financial result now and future is the most important thing to look for in stock market investment.

There is nothing wrong if interested in those stocks as everyone risk appetide is different

Personally I wouldn't touch but it'd be interesting to read this thread in a year or more and see where the companies are and how much we would've profit/loss had we bought them at the bottom or anywhere near that.

The easier way to make comparison is take a look how much Timecom or whatever stocks you are interested back 5-10 years ago, then see how much the share price now compared 10 years ago.

Some stocks may be new, less than 3-5 years, but Timecom is quite famous though, it was being listed just after the tech bubble. Its IPO is around Rm3.30 if my memory still ok.

You can make a remark here, then next year how much they will. No harm done.



This post has been edited by cherroy: Mar 19 2008, 06:35 PM

my portfolio - saag,compugt,pmind,pmhldg,kurasia,pdz,gperak,bccttech & mtronic. all below 0.10 except kurasia 0.35.....

Topic is closed as we have individial topic already.