Thursday, 21 November 2013

Malaysia Stock Tip: Puncak hits our $3.47 target, YLI run has not finished

Dear Friends,

Recently Singapore market is as dead as a fish. But not Malaysia! Sometimes it is always good to look at another market when things are not going well for Singapore. Malaysia has been one of my favourite hunting grounds recently!

Do you remember that we recommended Puncak when it is $2.83? We said that professional money is inside the stock.

It hits our target of $3.10 within a short time. Then we said that if Puncak can break $3.30, it is going for $3.47.

It did hit the highest $3.50 recently! Our target of $3.47 is hit! But guess what, these few days it drops to $3.35 now! We got out near the perfect spot!

I am again on this stock! It is now almost dropping into my watch zone at $3.21-$3.29 again!


By the way, we also did issue another call on YLI. This stock did not perform that quickly though. However recently it gained momentum. We recommend at $0.68 setting a first target of $0.77-$0.80. Now it is at $0.795.

But we think it might be moving towards our second target of $0.89-$0.90.

In fact we think this stock may be worth a serious look today on a down day! Let us see how the stock runs!

Dear Singaporeans, Remember that Malaysia is still a worthwhile market when things go slow!



·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...