With that says, i have zero holding of warrent for now :) so according to the plan i will start to buy in mother stock. current cash vs share ratio is 60:40, stock on hand left UMWOG and FITTERS, FITTERS is taken up almost 70% of the share value while UMWOG is will small quantity. too high for me to chase now @ 3.50.
I'm planning to get into CPO/property conter in next week, fund alocation will be another 10-20% from my capital, so look like i can only select either one, CPO / Property :( CPO price is moving up due to bad weather by end of the year, property stock was on hard sale last few weeks due to the 2014 budget anouncement. by looking at the situation, i would expect the return from property stock will be faster then CPO as property stock running low is due to penic sale. CPO price had been running low since end of 2012, thus, stock price is more or less stable at low, buy in now might need to hold for awhile and the risk is again the weather impact. while for property counters, the concern is the sale impact in coming few quarters. So in summary, CPO counter good for mid to long term hold while property counters is good for counter attack until March 2014 before the new rule really turned on.
Lets look at CPO counters. the impact from reacent HaiYen case as well as current raining season, the CPO price is looking likely to recover a bit, while the demand of CPO from China and India is also looking to be increased. it is really a good time now for long term hold. well, which is the best counter to hold? I'm looking at those CPO listed in SGX and KLSE as well. lets see which one is more attractive :).
As of Property counter, Sunway, UEM, MAHSING, TAMBUN?? :) lets see see
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