OSK sudden rise to 1.10 recently and the buyer que increase, my remiser told me OSK will annouce dividen soon.
if able to get price close to RM1 and dividen is 5 sen.. tat is 5% ady.
My strategy?
This week i'll monitor Zelan movement.. see whether its price have any drastic change onot.
Today after 2.30, price up till 0.87 but later seller pressure built up pressing it down back to 0.855.
Buyer que alot supporting at 0.855 below..seems holding quite well. I also bought abit at 0.855 today.
WIll reduce my shares in Zelan abit coz CNY near ady.. need some liquid.
I missed out TOPGlove, have recommended tat counter as my defensive stock choice about 1 week ago to u?
Still remember? Tat time i was choosing in between MMC & TopGloves but... summore i go into Zelan instead.
I swap Resort to Zelan coz tat time Zelan is moving up strongly breaking 0.90 and din monitor Topglove counter.
That counter price keep on going up even today...dang.
Actually this year my strategy is invest in defensive counter for safe play but I went for more fast swing trade counter like Zelan.
Pump in quite alot of money in Zelan alone and have only little bullet left.
Market chg so fast and my defensive stock preference all went up earlier that i expected before i can buy them.
So i better concerntrate on my Zelan counter 1st.
Some of my earlier recommendations where all went up ady
YTLPowr-WB
OSKProp
MPHB
TOPGloves
Dialogs
KNM

Cheers,
v_viper88
QUOTE(kmarc @ Jan 12 2009, 06:59 PM)
OSK? Ok, will keep it under my radar..... not really into financials for now, maybe later on.....
I'm not chasing plantation stocks yet as I'm hoping they will drop further.....
I asked you your strategy for THIS week.....

cause I'm sitting by the sidelines and nothing to do.....
LCL has exposure in the middle-east. Some might be afraid that those with middle-east exposure might end up like WCT.....
Anyway, oil below $40 :
http://www.bloomberg.com/apps/news?pid=206...zLFI&refer=homeKNM come KNM come......

This post has been edited by viper88: Jan 12 2009, 07:55 PM