Friday, November 12, 2010

A brief hiatus

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.
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21 comments:

  1. elizabethFriday, November 12, 2010 6:03:00 PM

    Its ok, alex, market will always be unpredictable, and we cannot keep our lives on hold... Go ahead, and have a great holiday!!!!

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  2. AlexPFriday, November 12, 2010 10:08:00 PM

    Hi Alex, have a good break. I believe this is an overdue and healthy correction :)

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  3. Ethan LeeFriday, November 12, 2010 10:54:00 PM

    Alex,

    Have a nice holiday

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  4. CPSaturday, November 13, 2010 12:16:00 AM

    Alex

    Do take a leave. It is good. Enjoy your off-days, ok?

    I do learn many pointers from you. Thanks.

    TEH

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  5. chanhooSaturday, November 13, 2010 1:42:00 AM

    Happy Holiday. Recharge again for more publish and info for sharing.
    :)

    ReplyDelete
  6. Eric SimSaturday, November 13, 2010 12:10:00 PM

    Hope to read your comment on the soon. Have a great holiday

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  7. IvanSaturday, November 13, 2010 5:03:00 PM

    enjoy u holiday . ..
    take more rest, re-charge and fight for a better life soon..

    have a great holiday ~~

    ReplyDelete
  8. newbieSaturday, November 13, 2010 6:18:00 PM

    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.

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  9. Just_PlaySunday, November 14, 2010 3:39:00 PM

    Happy holiday....cheers

    But y u said tat market is in critical condition?

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  10. InvestorcratMonday, November 15, 2010 3:58:00 PM

    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

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  11. leslieroycarterTuesday, November 16, 2010 10:44:00 AM

    Have a long ,nice n enjoyable holidays..bon vayage..

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  12. leslieroycarterTuesday, November 16, 2010 10:46:00 AM

    Have a nice holidays ...bon vayage..

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  13. aroWednesday, November 17, 2010 10:13:00 PM

    U have done a good job and U deserve a break, enjoy yourself

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  14. UnknownThursday, November 18, 2010 3:16:00 PM

    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

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  15. NightwatchmenFriday, November 19, 2010 9:09:00 PM

    Hi Alex

    Welcome back. Can u comment on the offer for QSR and its implication for KFC? Thks

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  16. Alex LuMonday, November 22, 2010 3:32:00 PM

    Hi everyone,

    Thanks for the warm wishes. I'm very touch and I am happy to be back.

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  17. Alex LuMonday, November 22, 2010 3:48:00 PM

    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.

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  18. Alex LuMonday, November 22, 2010 4:34:00 PM

    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.

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  19. InvestorcratFriday, December 17, 2010 3:35:00 PM

    Thanks for your take on Mulpha, Alex. Good to have you back with us after your well deserved break.

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  20. Alex LuMonday, December 20, 2010 2:30:00 PM

    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.

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  21. InvestorcratMonday, December 20, 2010 3:30:00 PM

    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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