I don't know about this stock, but from the statement straight away I can pin-point out the contradicted statement within as bolded. 

As the research house is viewing it won't be affected too largely due to secured contract and earning gorwth expected to continue, then why lower the target price? Because market price goes down, so lower it so that it is achievable?? 

You only downgraded a stock and target price when future is bleak which you see earning is going to drop. If you see earning is going to rise, it is doesn't make sense to lower the target price.

Don't mean to recommend anything, nor saying the research is good or not, just pointed out the illogical part.

I will keep on waiting until my picks reached my target price... If not i will just let my cash sit in my ASW and getting interest instead of picking up the wrong counter at the wrong price..... So far non of the stock price i feel comfortable to buy more...

It is better "regret you din buy" compare to "regret after you BOUGHT it" .... If you really don know where to park your money short term can try park at ASW or ASM TEMPORALILY

For the analyst most of the time they are bullshittting .... if they are really so good they won always so generous to tell ppl what counter to buy lol.... so is better trusting your own analysis if got question ask some expert here like Cherroy, Skidd, Sky1809 

If you notice most of the analyst always recommend a counter after it has rebound... which i also can do just by looking at the stock price.....

Well, getting contracts alone from the Government maybe not be a good idea. Furthermore, projects could be delayed due to lack of budgets> No doubt, they have orders in hand ( 2 billions )

They build small warships (BNS) , right ? Can they get constant orders from the Government, years after years ?

Why only from M'sia government alone, and not from Singapore  or Indonesia ? meaning politics still plays an important role.

They could fail in areas like OIL and Gas , that is the private and commercial sector. that is why a big doubt of their future ( Heavy Industries  in the long term ). heavy ind depends a lot on future FDIs, not easy to come by.

Again, in my opinion, this company depends a lot on our Government Budget. There are pro and cons . In a way, they might not be competitive in a free commercial world (MISC for example ).

Sorry too limited data to look at. Opinion could be biased. Those facts given made me think otherwise ( unfavorable )

Judge your own.

Sell me the edge for me for half price after you read it 

Read before you jump

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Again , judge your own.

The problem that I see :-

Most of us would just sell off some good stocks for a few sens profit ( for me , IOI bought at rm 2.24 and sold at rm 3+ ) and move into more riskier stocks ( with many unknowns and basically not familiar with ).

For that,  it would be good if we let say stick to good counters like YTL Power or KLK for longer term.

Just my 2sen opinion.

http://sensecents.blogspot.com/2009/01/3-s...worth-look.html

Sunday, January 4, 2009
3 Stocks worth a look

ZELAN – Analysts reckon Zeland’s share has been oversold and the current share price does not truly reflect the fundamental of the company. Analysts say Zelan is in net cash position of 59.3 mln as at September 30, 2008. It also has 82.7 mln shares of IJM worth 245.5 mln and its order book is 3.3 bln.

Zelan is also on its way to become a regional player in Power Station construction. 90% of its construction profits are from oversea projects.

About 60% of analysts polled with Bloomberg have a “buy” call with 12-month target price of 1.56.

KNM – Analysts believe the stock is currently trading at an attractive level given its global exposure. They say trading at FY2009 PE of only 3.1 times which is a 47% discount to 5.8 times of the Oil and Gas sector is unjustified.

Analysts are positive on KNM’s global reach and its abilities to provide value add services to its client more than before.

KNM’s 3Q net profit jumped 69% to 103.4 mln when compared with 61 mln a year ago.

85% of analysts polled with Bloomberg have a “buy” call on KNM with 12-month target price of 1.17.

RAMUNIA – Analysts say investors should not forget Ramunia’s capacity to clinch new contracts even though the failed RTO has clouded an uncertainty on its prospect. Further to that, the company still has valuable assets on its oil and gas fabrication yard. The yard, which is the largest in Southeast Asia, is spanning 170 acres in Teluk Ramunia.

Recently, the company also clinched a new contract worth 700 mln from Shell and PETRONAS bringing its order book close to 1 bln.

Analysts noted that they are not ruling out MISC relooking Ramunia in the future. There is also speculation that at least two other parties are looking to acquire Ramunia’s shares for its fabrication yard.

=====================================

For me, I'll hold Zelan and ride with its buyer strength, skip knm and ramunia as its risk quite high, maybe if KNM price drop to 0.40+/- can buy abit just to play.
This year 2009 will be quite tough as most analyst and feng shui ppl says.. most likely after CNY market might get weaker again.
Better stick to strong and defensive stock counter. Play safe..

Cheers,
v_viper88

I thought Share Market represents the economy ahead. So CI fell from 1500 to 800++, meaning should factor in the expected poorer results. By looking at Oil and Crude CPO prices, you would know roughly the results of the plantations in Feb'09 or how the oil co fare. That is why you would be able to buy "low", though not cheap.

OSK , in my personal opinion, talks that sky is the limit during the bull time, and very badly esp during this hour. They did the same during the DOT.COM or Tech bull, saying sky was  the limit.

Many stocks were on their buy lists not so long along, NOW not worth a single sen ? They should warn us of any hanky panky then, why only now   Don't you think speculations happen all the times, not something that is TOTALLY NEW AND STRANGE. It was more dangerous when CI was at 1500pts, right ?

Really have to read between the lines, and over and over again.

Just my 2sen opinion.

Yeah, market today very active. lotsa ppl grabbing stocks ady...

KNM and LCL going up.. kmarc... u make good money leh.
My Resort finally break my average price 2.356 and Zelan also not bad... 0.93 ..
Cheers,
v_viper88

No losses okla...

I check today Zelan transaction vol high most at price 0.93. Seems demand for this counter still strong.

Sam oso bought Sime at 5.50 today. His followers also will buy tat counter.
5++ no easy to move fast for short term. I din join coz i target low entry price counter preferably around rm2 or below.    

Cheers.
v_viper88

No time to goreng is a good thing for some people like me.
Last Friday I on leave. Try to chase the market and goreng a few stocks. Last Friday KLCI up 2%, but that day I lose about 5%
Today I start work. No time to goreng. Just set my Q auto buy and sell. Today, I profit 3%
I think seeing the KLCI up and up make me lose my rational and just simply buy (in) and sell (out) just for the sake of wanting to be in the rally. In the end in out in out in out, but counters never move as expected.

Nolar, I'm not refering RM 2 for SIME..
I go for those stock preferably below RM2 +/- like Resort , Zelan.. etcs

I swap my Resorts for Zelan. Made profit about 1.4K for Resorts.

I saw Zelan buying power is so strong in the evening.. big vol get wack fast at 0.93-0.945...
I grab more Zelan and my average price now is 0.88.

Actually wanted to grab MMCCorp at 1.16 but i feel Zelan have more rooms to expand/go higher price based on its strong buyer transaction 2day.
Zelan current PE is only 3.72 as per Jupiter online system rating and its price is oso cheaper than MMCCorp.

I feel Zelan can break the RM 1 barrier soon. 
From OSK KLSE tracker:
Zelan NTAps is 1.374 
PE  is 3.6 

MMCCorp PE currently PE 6.57... Not bad.. this counter oso moving up till 1.19 at closing 2day.

Sometimes we have to monitor the price and vol transaction and buy into strength especially in bull market for good company with low PE.
This way we wont left out when the stock soar higher.

Cheers,
v_viper88

ohh i wouldnt buy IOI now either, the risk is too high.

papa says, we must be patient. wait.

indeed. and assuming i get to buy at 3 bucks, we (i mean, i) might have even sold it after making some peanuts.

my weak point

Lucky i'm off today. Can sit infront my PC to check stock market. 

Currently i only have Zelan in hand.
I'm targeting energy counters, O&G and gaming & defensive counters.
I noticed today some small finance counter like OSK, pmcap start to move up already.

Zelan, MMCCorp
Dialog
Resort, MPHB, Topglove

Maybe can grab some if the price is good.

IJM up 10%.. no wonder la Zelan so strong buyer 2day. 

DOw jones seems weak tonite...  
Hope wont spoil our KLSE rally again for 2molo....

Cheers,
v_viper88

Feng shui master says this year steel market not so good to invest.

If u interested in steel related counter, maybe u can try chk on Huaan. CIMB TP is 0.32.

Here are 2day research on Huaan from Jupiter
[attachmentid=748817]

Other counter that you can look into  is TGoffs.. its price still didnt go up much..
I havent chk much its recent detail yet.. last time i got aim this counter when its price about 0.28...bfr it start chiong to 0.90 few years back..

Cheers,
v_viper88

lionind is high beta. Steel is in high risk, so bank might require higher provision on them and might turn bad .......... so goreng goreng b4 mati kong .. hahahaha

just own opinion, not spreading rumours or wat

http://todayfinancialworld.blogspot.com

Yeah.. i also told bfr ma.. i got OSK, CIMB, Maybank, Jupiter acct.
WCT also news on legoland etcs..but i see SG shareholders pulling out abit and its price oso quite high so i ignore tat counter.

This morning alot panic seller throw their stocks..
Zelan drop till 0.885
Resorts drop till 2.35 

Too bad i already sold off Resort and bought Zelan yesterday. Didn't buy anything this morning and my internet line get disconnected few times.. 

Those who grab Resort at 2.35 as  i recommended recently sure happy now.. 

Cheers,
v_viper88

See changes in shareholder.
SG  - >Temasek

Those who play oil counter really fatt tat lo...

Hope 2molo our KLSE can rally again...
Faster go up.. only about 13 more days before CNY. can hit 1000 den good la.

Obama said his stimulus US700++ billion plan can see the effect by end of this month or early of Feb.

Some ppl predict after CNY, our KLSE will drop back due to recession worldwide getting out of control..

If US700 billion still cant stop this recession problem.. den i oso dunno how liao.
Cheers,
v_viper88

If Chinese in China going to consume 20% less this year, then Parkson 's sales drop more.

Just an assumption only, may not be true.

Yup, i fell into the bear rally trap and bought Zelan at 0.905 yesterday. I have no idea why Zelan is in downtrend. I also have no idea why it rally up 2 days ago other than ppl goreng it.