Commentary On Selected Stocks

UEM Land - Rose to the top of volume charts but price was still in the negative territory. Obviously there was a push, looks to be a sustainable one but will have to take out a lot of stale bulls holding the stock when it went above RM3.00. Indications are that Singapore government agencies will be inking some mega land deals in Iskandar region.

MAA - The boy who cried wolf. So many times that many are dismissing it. Following the torrid run up recently, the stock has held up extremely well, indicating a genuine deal is likely. Submission has been made to Bank Negara for approval. Apparently should be forthcoming very soon. Pricing may not be as enticing as some silly rumours but still good. The deal is likely to be struck around 2.5x book which is close to RM2.30 range.

Century Software - Following the bonus issue, looks like wanting to have a run. Pure trade.

K Fima - Strong whispers on taking the other subsidiary private, which will boost liquidity and earnings visibility, and unlock some value. OK to buy and hold.



NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees (donations are welcomed though). I may have a position in the counter already. The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Posted in: Maggie Q