Wednesday, 19 December 2012

MBF- Time's up soon

I believe it had been some time back since MBF was last featured, probably somewhere in the beginning of the year, where MBF had started to see it's stock rising from no where until where it is today. As of now, MBF had been standing off at the range of RM 1.20 to RM 1.25, which is also the sidelining zone.

MBF had been in the monitoring of Bursa Malaysia because of it's public spread, and till date, MBF had not been able to regularize and comply to the listing status of the Bursa Malaysia and with around 10% circulating in the public, what can happen to MBF, with NTA standing at RM 1.70 range?

Looking at the going on of the share price, I would believe that the majority shareholder are buying time after time in order to retrieve back the share of MBF through open market at the lowest price possible, which will definitely include the warrants as well as news of privatization of MBF continue to heighten up.

The previous action by the director in pushing the price of the warrant down after accumulating massive number of mother shares in the public and disposing huge amount of the warrant will definitely something that we as a public will like to look into it. As the director had been disposing the warrant harshly until at a point of time it reaches 7.5 cents in the end of May 2012 as a method in pushing the price down to psychologically affect the mentality of the public in disposing at cheaper price, now it will be a good time to see prices of the warrant in high flying mode should the privatization will be at a conservative range of RM 1.50.

In a quick outlook on the chart, the share price is consolidating higher and higher, as I believe a break out will definitely be sending MBF upwards to RM 1.50 once the volume resume. In a short term outlook, and with the very tight time frame that Bursa is giving to MBF, I believe MBF will be having a good chance in breaking up into RM 1.30, and linger at RM 1.40.

Bone's short term TP: RM 1.35

Cheers and have a nice day.

Friday, 7 December 2012

Gamuda - Challenging the Mark 4

Hi all avid reader, it had been some time again since I last covered on a stock. Well, lately, I had to admit that they ain't much in the market when the market started to give way until it reaches 1599 a point of time, and then we are seeing some rebound on the support line of 1600.

The fast giveaway is mainly due to the sharp plunge in all the Telco's company that are in the KLCI, with TM shredding more than 10% from it's peak of RM 6.40, Maxis shredding almost coming to 10% from RM 7.00, Digi and Axiata as well.

For now, I would like to bring to you a stock that I think would be a potential surging stock in the coming days - Gamuda. Probably, you might be thinking what could be happening in Gamuda, maybe there are some goodie big projects bagging into their bank rolls soon.

Gamuda, being a co-leader in the Klang Valley MRT, could be seeing jumping profits in the coming season as the MRT project kick start one by one.

Let's see what is on Gamuda
Looking the chart at a quick manner, we might be seeing some consolidation off the point here, probably due to the market sentiment, there is no pushing as well. As the market return to it's bullish part, we might be looking Gamuda to continue riding a good flight upwards. Gamuda might be poised to challenge RM 4.00 in the coming days.

As of now, RM 3.62, so are you in for the action? Let's see.

Bone's TP : RM 3.90 (Short Term)

Cheers and happy hunting.

Sunday, 18 November 2012

Down Memory Lanes - Part 2

 Let me bring you to the next part of our memory lanes back then at the 1900s.

The Bok House was an old mansion on Jalan Ampang built in 1926 and completed in 1929 for a local millionaire, Chua Cheng Bok.

 
In the 1960s and up until its closure in 2001, the mansion housed an upscale restaurant called the Le Coq d'Or (The Golden Cockerel).

Part of the original millionaires row, Bok House was probably one of the most visible yet least remembered relic of early KL.


You will never guess or recognize this road back then at 1966. 

The car is turning down towards Jalan Pudu from Jalan Bukit Bintang (next to former Pavilion cinema, not the present day Pavilion mall ). Tung Shing Hospital is down further right after the row of shop houses. The popular pre 60s Kum Leng Chinese restaurant is on top left next to cluster of trees. Ongoing digging of roads were a common occurrence even back in the 60s.


Further up from the Pudu area is Peel Road (Jalan Peel).

This was the main trunk road leading out of KL to the Southern part of the country pre 70s before the Loke Yew Highway and Seremban Highway were constructed.


Here, a very very sad and unfortunate chapter of Malaysian history .. the May 13th 1969 racial riots. All Malaysians must unite to ensure this episode of our National history will never allow to happen again.

Photo shows the aftermath of the rampage at Campbell Road (Jalan Dang Wangi) before the left turning into Kampung Baru (Jalan Raja Abdullah)


Newly completed Federal Highway with the EPF building still in the progress of being built at the junction with Jalan Gasing 1962.

 
Next up, the then Robinson's Dept Store located at Mountbatten Road, the current Jalan Tun Perak.
 
Long before Ampang Park, Sungai Wang, BB Plaza or the newest Pavilion shopping malls, the colonial "Prestigious " shopping places were Whileaway Laidlam, John Little's and Robinson's Dept Store. They managed to stay in business till the 1970s with the top 2 floors being converted into a Chinese restaurant and night club.

Tan Choong Motors, the sole agent / distributor of Datsun ( Nissan ) vehicles circa 1950s.
Now known as Edaran Tan Choong, its Head office / show room is still based at Jalan Ipoh since its founding from the early 50s

View from the steps leading up to MBS, Sultan Street Railway Station signage is clearly displayed on the roof of the station.



The Jalan Sultan railway station was archived at more than a century old as evidenced on the timeline date of this photo. There was no Jalan Pudu yet and China town area was probably serviced by bullock tracks . Back then, MBS was not located on Petaling Hill yet ( the present site ) and was sited in some shop houses around Kuala Lumpur Municipality.


1960s High Street - Jalan Tun HS Lee.

On left is the main office of Eu Yan San, the long established Chinese Medical Hall.. still at the same site today. Further down the road is the Bangkok Bank.

One of the last (if not the last) 1920s era, Yoke Woo Hin Restaurant is almost as old as Sultan Street. Serves old Cantonese tradition cuisine including the annual festive dumplings, moon cakes, dim sum and char siew low wanton meen daily from 5am till late afternoon. Still popular and patronised by China town old timers.
 

Petaling Street looking towards Foch Avenue ( Jalan Cheng Lock ) early 1950s.
Building in front ( now 6 floors ) is Hakka Fui Chew Association. Present day Kota Raya Complex is next to it on the right.

Road on left is (was ) the very popular Cross Street, present Day Jalan Silang, with the Tai Tai ( Chinese rich ladies ) of the 50s - 70s era consisting of mainly Chinese gold smith shops. Some of the shops are still in business today, but facing competition from shopping malls and complex based gold smith shops.


Bukit Bintang Park aka BB Park

This site used to be Hollywood Park way back in the 1930s. Back then, this part of town was considered the outskirts of Kuala Lumpur. It was for precisely this reason that Pudu Prison (popularly called Pudu Jail) was built in 1895.

Hollywood Park was later acquired by movie giants of the day, Shaw Brothers. It was upgraded to BB Park with a carnival-like setting: there were cabarets and dance halls, cinemas, stage shows, restaurants, game stalls and even a boxing ring!

BB Park’s fortunes started to decline with the rising popularity of television and radio. It was closed in the early 1970s and redeveloped into Sungei Wang.


Hope you have an enjoyable time looking back at these unforgettable memories.

Cheers and have a nice day. 

Saturday, 10 November 2012

Down the Memory Lanes - Part 1

Walking down some of the memory lanes of Kuala Lumpur. Probably this might bring you back then when you are still a teenager, when you are dating with the girl that you like, when you are having a cup of tea at some old timer coffee shop back then.

 1880s - Bukit Nanas


 1880s - Lebuh Ampang


 1899 - Cycle and Carriage at Kuala Lumpur


 1900s - Victoria Institution


 1909 - Masjid Jamek


 1950 - Bukit Bintang


 1950s - Cathay Cineplex


 1950s - Majestic Theater at Jalan Pudu

 1959 - Citibank at Medan Pasar, Kuala Lumpur


 1960s - Downtown. The ESSO then is the PETRON now.


1960s - Stadium Merdeka


 1970s - Jalan Tun Perak


 Ampang Park


 Bukit Aman


 Shell station at Pudu Road


 Sg Besi Airport


 1895s - Selangor Turf Club

 
1926 - Jalan Tun Perak during it's flooding season

Have a nice weekend

Cheers

Wednesday, 7 November 2012

Tan Sri Syed Mokhtar Al Bukhari‏'s Empire

Got an email from my friend that states down Tan Sri Syed Mokhtar Al Bukhari's Empire. Let's have a good read.

Saya nak makan nasi lemak, beras dibeli dari siapa?! BERNAS!!
BERNAS milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Makan nasi lemak, takkan tanpa minuman, so order kopi o! Air buat kopi, jika tinggal di Johor beli dari Aliran Ihsas Resources, milik siapa? Tan Sri Syed Mokhtar Al Bukhari!
Minum kopi mesti campur gula! Gula di Malaysia, dua pengeluar sahaja MSM & MSR, MSM milik felda, 20% saham dimiliki Tan Sri Syed Mokhtar; MSR milik TanSri Syed Mokhtar sepenuhnya!

OK, cakap banyak sekarang nasi sudah sejuk, mahu panaskan! Guna gas stove, Gas Malaysia milik siapa? Tan Sri Syed Mokhtar Al Bukhari!

Guna microwave oven, elektrik, TNB beli elektrik dari siapa? IPP! IPP terbesar di Malaysia Malakoff, milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Sekarang tak nak makan nasi, pergi McD sahaja la... naik motor! Motor Kriss, keluaran MODENAS! Modenas milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Tak nak naik motor, naik kereta! Kereta apa? Proton! Proton milik DRB HICOM! DRB HICOM milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Tak nak beli Proton la.. Beli Honda saja... Honda Malaysia milik siapa? Tan Sri Syed Mokhtar Al Bukhari!

Beli kereta nak buat pinjaman perbankan islam, pergi Bank Muamalat! Bank Muamalat milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!

Kereta kena ada insurans coverage! Insurance beli dari siapa? Uni Asia Insurance! Uni Asia milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Nak ambil road tax, kena pergi PUSPAKOM! Puspakom milik siapa? Tan Sri Syed Mokhtar Al Bukhari!!

Ok la tak nak naik kereta! Naik keretapi lagi senang! Landasan keretapi siapa buat?! MMC! MMC milik siapa?! Tan Sri Syed Mokhtar Al Bukhari! Sekarang, dia pun nak ambil alih KTMB!!

Ok tak nak guna keretapi ambil kapal terbang saja la... nak pergi Johor! Senai Airport milik siapa? Tan Sri Syed Mokhtar Al Bukhari!

Tak nak ambil keretapi, kapal terbang, naik kapal laut sahaja la... Pergi Pelabuhan Tanjung Pelepas! Tanjung Pelepas Port milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!
Tak nak pergi Tanjung Pelepas, pergi Johor Port! Johor Port milik siapa? MMC! MMC milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Ok la... orang iKL, naik MRT sahaja la... (apabila siapa)
Projek MRT, siapa kontraktor terbesar?! MMC! MMC milik siapa?! Tan Sri Syed Mokhtar Al Bukhari!!

Macam ni la... tak nak keluar rumah langsung! Duduk rumah, hantar surat sahaja! Apabila nak hantar surat, kena lekat setem! Apabila kita lekat setem sahaja, kita sudah bayar Tan Sri SyedMokhtar Al Bukhari, kerana POS Malaysia pun sudah diswastakan!!


Jom, so did Tan Sri Syed Mokthar Al Bukari's left anything behind? Maybe you can list them down for him to buy..

Cheers

Tuesday, 30 October 2012

UEMLand - Positive mode for KLCI at 1700

It had been a long long week since I last blog on a counter in KLSE. But, to all my avid fan and reader, probably it is a good time to give some good counter to be shared around for some money for some Deepavali presents and holidays to come.

Today, I would like to feature UEMLand in my look out counter. Looking at the intensity at the election, and with the talks of KLCI moving forward in reaching 1700 will definitely be involving heavyweights such as UEMLand.

Looking at UEMLand in a medium term, this counter had been rather laying at the lower side for the past 6 months, with share price lingering below RM 2.50 where it used to be at back then at the early months of 2011. However, things had not been fueling up strong enough to justify a come back with the shape of the KLCI at the moment, and UEMLand should be keeping it pace, where I think it will start to march forward soon now.

On a quick look on the chart, we can see a that UEMLand had recently been waked up as a huge giant with more than 40millions of share being transacted for the past 4 days. As of current momentum, I will be looking for UEMLand in piercing through the resistance level at RM 2.15 in the next couple of days as contra takers will chill off, and marching on strongly with a powerful surge which I will be looking at a conservative manner at the price of RM 2.30, which will be interpreted around 7% increase on the next spike.

For those who would want to capture this moment in a riskier and cheaper manner, UEMLand-CO might be a good target to be traded although it is sitting at a 20% premium with expiry date at end of Feb 2013, UEMLand-CL might be also be considered for a quick trading for minutes fun game.

Generally looking, I am quite confident in seeing UEMLand marching forward towards RM 2.50 to RM 2.70 in the coming days.

Bone's Short Term TP: RM 2.30

Cheers and have a good day tossing money around.

Tuesday, 16 October 2012

Robert Kiyosaki's secret and untold method of getting rich

I believe the name of "Rich Dad Poor Dad" is a sure famous book that had been talked around by people of young and old, especially those that are planning for their financial freedom, retirement, investment - Robert Kiyosaki is the author behind the popular book Rich Dad Poor Dad.

However, recent an infamous incident that had shot Robert Kiyosaki to popular stage again - Filing for Bankruptcy for his company, Rich Global LLC. If you are had not read about this news, check them out here at abcnews.go.com

Looks like, beside teaching us how to be financially rich, how to generate unstoppable good income flowing in, how to leverage on financial supports - There is one last thing he didn't teach - play cheat.

After the jurisdiction had pass through, Rich Global LLC had to be declared bankrupt. So, is Robert Kiyosaki just another person who get rich by riding another person back but turning his back around and stabbing it when he is successful?

Looking at that manner the jurisdiction had been spelled out, it looks like Robert Kiyosaki just fits this good category in which when payment are demanded, there are many stories that will be furnished out to deny payments on the agreed terms of collaboration.

All in all, I would like to point out additional 2 secrets of untold method of getting rich by Robert Kiyosaki in a simple manner.

1.) Riding on others for good benefits without having to pay them as promised.

2.) When being sued, just declare bankrupt.

Cheers. Don't you think these are 2 good pointers to save money from going out?

Monday, 8 October 2012

RedTone - Toning up to break 40 cents

RedTone had been building up it's composure in the recent days and the stock had been seeing a good pump and sustainable at confident level that the major controlling holders have the intention to bring the share towards a higher rate.

Back then at October 2011, RedTone had saw sharp rises, hitting 37 cents upon seeing their financial result seeing a positive gain as turning losses to break evens and subsequently foreseeing more profits to come. Right after 1 year, RedTone are up on the steam again, as this time, I would suggest that RedTone might be on it's way into breaking in the 40 cents zone as the time is almost ripe for it to prevail itself.

Let's have a brief look at the chart
If we are to look at the behavioral approach of the stock, there might be a tendency of the stock rise during the period of July 2012, circled out in a big blue circle, might be repeating in October 2012 itself after 3 months. By looking at the sharp hike that happened, and a stage of consolidation for 2 months above RM 0.30 is definitely something good for us to look forward into.

Should the event is going to happen again, I would expect the same happening in October, in which we will see a good rise from here onwards, as I will anticipate RedTone to be toned up to RM 0.40 in the coming days.

Bone's short term TP : RM 0.40

Cheers and have a good day

Saturday, 29 September 2012

A Summarize View of Budget 2013

Many of us would have been wondering about what are the pros and cons on the coming budget 2013 that had been announced last Friday.

Here is a quick brief summary from the budget 2013 that will be bringing to the citizens of Malaysia,credits to iMoney for the good information illustrated in a simple picture.



Have a good day and nice weekend as I will be getting back into looking at some good hunting stocks to play around.

Cheers

Saturday, 22 September 2012

IBhd - The brand new i-City, Shah Alam next big feature

When we talked about Ice Skating Ring, what is in your mind? I suppose it will be Sunway Piramid Skating Ring, because after The Mines closing down it's skating ring, I can only think of Sunway Piramid Ice Skating Ring and no others.




What about Water Park? We have got Desa Waterpark at Taman Desa, Sunway Lagoon at Sunway, Malacca Waterpark at A-Famosa, Genting Highland Waterpark... Did I miss out anything?





Well, I believe reader must be quite amazed as I am bringing out I-Bhd for a talk, as this is a very illiquid counter with very low volume being traded in the KLSE. What is so great in I-Bhd, beside the LED lights in i-City that we can think off, there might be nothing more than that after all.

i-City could be the next big hit in Shah Alam - Klang area as they feature a mega project in the 72 acre of lands that they had bought back then. With the latest planning and development, i-City will be undergoing a mixed development that will feature a big Retailing Complex, Serviced Residences, SOHOs, SOVOs, Office Suites, Hotels, Entertainment Park and Water Park to resemble something like MidValley concept.

What is actually lacking in Shah Alam - Klang is actually a big and massive complex or mall for the people around the area to walk around. While each weekends, traffic in Federal is so bad because of the people going to Midvalley for a weekend outing, because there is literally nothing at Shah Alam and Klang.

As I-Bhd spearhead this mega project, I believe this project will definitely be taking a massively good response as the 500k population in Klang will definitely get captured with big and massive malls which are nearer to them, what more about a Water Park that will be featured to launch in December 2012 this year.


Currently with their i-SOVOs being sold out, the next launch that feature 2 blocks of i-SOHOs will be definitely going to send I-Bhd revenue up the sky in the next 2 quarters, with at least revenue boosting up to more than RM 500million.










In my opinion, I think I-Bhd will be a good share to hold for a medium term of 3 to 6 months, as I believe I-Bhd will be heading to RM 1.50 in a short term outlook, with tendency of it hitting RM 2.00 in the future.

Bone's Short Term TP: RM 1.50

Cheers and have a good day.

Saturday, 15 September 2012

Mflour - Revisiting for bullish reversal note

When the talks of QE3 rings around your ear, people will be starting to think about - Inflation, Inflation, Inflation. The quickest to see price inflation are Gold definitely as Gold is always the tools to be hedge against any kind of quantitative easing.

But definitely, equity market will not be spared either because more money will always mean more fun always. As I had been browsing throughout the KLSE, quite some counter had started to rebound off the plunge, significant player like FGV had given a good sharp V shaped rebound.

As for this, I would like to bring you to revisit Mflour as I believe that after some time from post bonus issue syndrome, Mflour could be on a good time to see a good rebound back to some good price.





Mflour had been seen testing on the level of RM 1.40 to RM 1.45, which is the support line for the past 4 to 5 months. As market take a U turn to see QE effects, I would believe that Mflour will be in a very good and fresh position to see more potential in flying upwards as chart had started to see a reversal after hitting the bottom cushion.

On a quick look, should Mflour comes back to it's form with a good amount of volume, we will be looking at the first resistant line at Rm 1.50, and breaking the line will probably see Mflour heading more towards RM 1.65 to RM 1.70 in the later part.

Prospective wise, food counter will never be wrong in the long run, however, management will be an important factor to see the future of the company share price. Hopefully the people and the management will be more "wiser" in their dealing internally and externally, especially with the public.

For a short term outlook, I will be looking at Mflour turning for a good reversal to RM 1.50 without problem.

Cheers and have a nice weekend

Friday, 14 September 2012

DRB - The Icon is back?

DRB - Can this icon be back in the market after slumping falling from the peak of RM 3.30 back then on February 2012?

With the recent QE3 at 40 billion a month being injected into the market to stir fry the market once until stability can be see is just gonna make the equity market rampant again, with happy moment for punters, clicking on the screen without much thinking.

Well, as for DRB, I think it would fair to say that it could be a nice bet as well as we had saw DRB slumping from activeness, however it is always interesting to see stock hanging on the border or the last support line.


As seen from last 2 occasion, the support cushion is at RM 2.30 to RM 2.35, whereas the next resistant line would probably stand out at around RM 2.45 to RM 2.50. Now with major player pumping into the market, DRB could be a good catch as it had not seen any strong rebound moment like other big player had done.

Today, DRB started off with RM 2.40, and had starting to run up the stairs with RM 2.44 being touched as of now. Should DRB be able to break into RM 2.45 in a confident manner, I believe RM 2.50 can be reached, and moving forward to RM 2.55 to RM 2.60 zone.

Bone's short term TP: RM 2.50

Cheers and have a nice day.


Monday, 10 September 2012

Ingens - Killer Plot

As Ingens had continue with it's blood killing spree, I hope that those who got warned about in the earlier post had not touched Ingens as I foresee the same fate as of TMS, where pool of blood mess is left around unattended, and victims are left there licking for their own wounds, while some might not even to be able to get up and walk straight again.

Ingens had been nice to be able to keep the public up with some good game like suspension order, Mr ABC wanting to purchase how many percentage of the company, and could trigger MGO, Mr XYZ injecting tons and billions of project and asset into the company.

Are we so short in our memories? After Harvest, Nicorp, Mtronic and Aglobal. Where are all those injections of assets? Where are all those said price?

As my friend had informed me that he had received an anonymous SMS from a number bearing 010 788 5072 with the following interesting message.

"Ingens (0034): Why did CBL rejected 9tology offer of 55 cents???? and yet he collected and keep collecting huge amount of shares from open market after turning down the offer?? He is collecting at low price prior billions project announcement awarding to the company (Actual Valuation should be 85 sen)! To all my dearest friends, be alert and don't missed the boat by panic selling your share to him."

Interesting content as I would to say. To see the message itself on a surface manner will be so enticing, but experience will always tell you what will happen next. The open market, I believe, would have a good amount of shares for 9tology to eat until breaking 33% and trigger a MGO itself before the price hit RM 0.55. An offering of 55 cents is just far too fake. Why the warrants are not working? Why the warrant are laying down motionless when Ingens is being taken for a good ride? If it is for 55 cents, 9tology can make some clean sweep to all the warrant, and convert them into mother share and still gain the MGO. Now as 85 cents is being said and floating in the market, probably there will be another pile of unknown victims.

To me, looking at it, probably the syndicate is trying hard to dispose off the shares now, and creating much needed stories after stories in order to dispose successfully.

Well, probably I would like to put it this manner.
1.) For those who are keen to trade it, all the best.
2.) For those who are still holding on it and hopefully can get a high selling price, all the best.
3.) For those who are standing at side watching without doing anything - YOU ARE THE BEST.

Cheers and have a good day.