I will be on leave for the whole of next week. I won't be watching the market nor posting anything during this period. I will have to leave a few comments unattended (save for a quick comment of the selldown of the Masterskill shares).
I must confess that this is one planned holiday that comes at the wrong time. I do not like to leave my station with the market in such critical condition.
21 comments:
Its ok, alex, market will always be unpredictable, and we cannot keep our lives on hold... Go ahead, and have a great holiday!!!!
Hi Alex, have a good break. I believe this is an overdue and healthy correction :)
Alex,
Have a nice holiday
Alex
Do take a leave. It is good. Enjoy your off-days, ok?
I do learn many pointers from you. Thanks.
TEH
Happy Holiday. Recharge again for more publish and info for sharing.
:)
Hope to read your comment on the soon. Have a great holiday
enjoy u holiday . ..
take more rest, re-charge and fight for a better life soon..
have a great holiday ~~
Aiyoh,Alex,go for your well deserved planned leave.We investors still need your advices and will be hoping that you enjoy your brief hiatus.Do have an enjoyable leave.
Happy holiday....cheers
But y u said tat market is in critical condition?
Hi Alex, hope you have a good holiday. When you are back, mind giving me your take on Mulpha? purchased a whole lot at 49 sens, but i believe recent hike is just optimism on dividends by Mulpha. Just like to know the underlying yield on its properties from your take. Thanks
Have a long ,nice n enjoyable holidays..bon vayage..
Have a nice holidays ...bon vayage..
U have done a good job and U deserve a break, enjoy yourself
Hi Mr.Alex
Hope you Enjoy Your Holiday ...you can reply when you back from Holiday :P
As For YTLE , stock code :0009
how do you think about this share ? will it be related with YTL Communication ?
Thanks
Nian
Hi Alex
Welcome back. Can u comment on the offer for QSR and its implication for KFC? Thks
Hi everyone,
Thanks for the warm wishes. I'm very touch and I am happy to be back.
Hi nightradersdk
The news is out for QSR and KFC. Idaman Saga SB has offered to buy out the business & undertaking of QSR at about RM5.60 per share. QSR's board has yet to decide on the offer.
Many things can happen but the indicative offer seems to suggest that the upside for the stock is quite limited. Like KFC, QSR share price has run up too much. Will Idaman Saga sweeten the offer? I guess it has to since the current market price is so close to the offer price. Strangely, it is the market price that is dropping now as investors decide to take profit rather than wait for a sweetening of the offer. After all, there is no guarantee that Kulim, the parent of QSR would accept the offer.
Chartwise, QSR's uptrend line support is at RM5.30. The technical outlook for the stock would turn bearish if the share price dropped below RM5.30.
Hi Political Crow's Nest
Mulpha's recent price run-up could be due to many things- Goldman Sach's acquisition of a sizable stake & overall property sector re-rating. As mentioned by yourself, better dividend could also be a reason.
However, I like to point out that this stock has broken above its long-term downtrend line at RM0.45 in October. As long as the stock does not slide below this breakout level, Mulpha has potential to go higher.
Thanks for your take on Mulpha, Alex. Good to have you back with us after your well deserved break.
Hi Political Crow's Nest
Mulpha has gotten a big boost from reports that Goldman Sach has raised its stake in the company to 5.5%.
Chartwise, Mulphas broke above its long-term downtrend line at RM0.45-0.50 in November 2009. Since then, it has been trading sideway, between RM0.55 & RM0.40. If it can break above RM0.55 & the November 2009 high of RM0.62, Mulpha's upleg would begin. First horizontal resistance at RM0.85.
Thanks again Alex. I think its a lot of positive news at the moment for Mulpha, most notably G Sachs' acquisition of a large stake. Can't deny the underlying value must be good and yet to be unlocked. REIT maybe?
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