TA looking good on chart. Last couple of days volume increased a lot but price did not change much (guess massive accumulation). Price now stabilized at 1.12/13 region. Previous low was 1.05 and the current low is 1.10. The chart shows ascending triangle with upper resistance at 1.24. It seems it is going for another try to break the resistance. If it does, the price will shoot upward until the next resistance at 1.31.

With good financial results for 2007, the share is quite fundamentally strong. Company announced previously it will distribute 40-60% of their EPS (16.21 sen)(info from Investlah). No official announcement yet but seems sometime this month.

Trade at your own risk.

This post has been edited by dsugums: May 9 2008, 06:27 PM


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Article on Zelan

http://www.theedgedaily.com/cms/content.js...276a00-b535f3c4

Just be careful when buying steel counters. This news might be old news for the insiders. Keep in mind that all steel ctrs has been rising steeply past couple of days/weeks and it is already near to their 52 weeks high.

As usual, the retailers will get the news last and will try to grab the shares on Monday. At the other side, the sellers (operators) will be happily selling the shares at higher price (becos they got it at very cheap price). When it hits 52 weeks high, the price will reverse and then all the small fish (retailers) will get stuck in the net at high price.

My 2 cents worth of advice.

TA-WB is a bit over valued now. Exercise price of RM1.00 + 0.295 = RM1.295. The underlying share price is only RM1.13 last close. Fair price should be around 0.13 !

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Added on May 11, 2008, 3:39 pm"Without clarity in steel prices, contractors will lack confidence when pricing their bids.” Most steel stocks rose yesterday ahead of the announcement as several ministers had signalled the move in the past weeks.

This post has been edited by dsugums: May 11 2008, 03:39 PM

Got a few lots at 6.20.

Even sell at 6.50, can get some peanuts. At least can sleep at night

I think will close at abt 6.30 today. Afternoon will pick-up again. Morning session T4 delivery and buyers are waiting like wolfs for the meat thrown at them

Dow futures is green. Market shld be picking up again in afternoon, subject to HSI recovers also

More like big guns trying to off load their shares at jacked up price. The financial audit by Pakatan gomen might dig up some worms from KHSB and KPS.

What made you buy this shares? Any particular reasons? Please share with us.

Genting sell-off by FF. Genting International earnings are very poor. Expect to drop to 6.10

they will sell the first 100 lot first

I think we are getting the news quite late. GP already made a move last week or so. Maybe got some more umpph to run next week.

4898 TA TA ENTERPRISE BHD
First and Final Dividend of 10%

Entitlement Details:
First and Final Dividend of 10% less 25% taxation


Entitlement Type: First & Final Dividend
Entitlement Date and Time: 03/07/2008 04:00 PM
Year Ending/Period Ending/Ended Date: 31/01/2008
EX Date: 01/07/2008
To SCANS Date:
Payment Date: 01/08/2008
Interest Payment Period:
Rights Issue Price: 0.000
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value: 1.00

This post has been edited by dsugums: May 17 2008, 12:22 PM

I doubt you can get it at that price. With 7.5 sen dividend, the value will shoot up to at least 1.23

Anyone having problem accessing Maybank2u? Damn slow and always time out. Can't do my shopping today

Keep an eye on the water stocks KPS and KHSB. Something is brewing. Yesterday market crashed this stocks did not drop much and recovered fast today and actually closed higher. Someone is keeping the price stable and dont know for what purpose.

this guy is rich, he only go in when the shares are expensive. He is being a true contrarian

This post has been edited by dsugums: May 22 2008, 11:24 AM

Genting Bhd
26/06/2008

4.30 sen

RM 0.10

23/07/2008

Final Dividend

Less 26% Tax

Resorts World Bhd
26/06/2008

3.6 sen

RM 0.10

18/07/2008

Final Dividend

Less 26% Tax