[Malaysia Stock][SKPETRO]Technical Analysis at 08052016

SKPETRO Analysis at 08052016:

Symmetrical Triangles form. Break lower line to bearish. 

Buying Fitters @ 1.33

Buying Inari@0.9

Recently I have purchased some Inari shares. From the investor's point of view, it's a good fundamental stock and worth to keep. The share price is uptrending and foresee it will sustain the trend if it sustain its business growth. Looks into its business nature, I know that the Inari is an EMS company which is located in Bayan Lepas industrial area. Their main customer is AlteraAvago(US-based company) which is also located in the same area. In the past, they have acquired some few company likes Inari Technology Sdn. Bhd and Simfoni Bestari Sdn Bhd. From the the acquisition that had done in the past, I could see how aggresive the mangement keen to expand its company size and exploring to advance level.

According to past few months news, Inari management try hard to make it listing in main board. Inari is eligible for listing in the main board as they have fulfilled the BURSA requirement to listing in main board. Recently, they completed acquisition of Amertron Inc (Global) Ltd and now they are in progress to integrate Amertron and Inari groups.

Looks into Inari finance statistic. EPS up to 3rd quarters this year, it earns around 0.0859 and yet to include 4th quarter earning. About the dividend distributed, it had distributed around 0.035 so far. ROE last year for this company is around 36%. The company also have low debt against cash flow.

Based on the statistic, it has good fundamental and worth to invest. The company ROE shows that the company management is doing a good job in recent year. So think? How's the company will be if it listed in main board. With those statistic, i foresee might attact more investors to buy in the shares. So, why not we buying now when it yet to get attraction from investors?

So buy it silently... Happy investing!!!

Buying Sang Suria condo at Jalan Ipoh/Sentul

At last year October, I decided to purchase a condo in KL for own stay. Of course, there are some criteria need to be met for me to purchase a condo.

• Decent condo. At least it should have a good, safety and gated environment.
• Near my working place--Bangsar South and not far from my gf house at Selayang.
• Not over than 400k.
• The house value could be appreciated from time to time.

I had opened the google map and narrow down my searching. The following area have been shortlisted:

1. Jalan Kuching
2. Jalan Ipoh
3. Batu Cave
4. Sentul
5. Kepong
6. Mont Kiara

I have traveled around those areas and looking for a condo that can meet my criteria. Personally, I don't like a new launched projects as it's too pricey for me. Eventually, 4 condo keeps my eyes were Rivercity, The Saffron, Sang Suria and Sri Putramas.

After spend 2 days doing research, I have decided to choose Sang Suria condo as my first property in KL. Basically the following are the reason why I choose the Sang Suria eventhrough it has over my budget(RM400k)

1. I was speculated there will be a MRT station in Sentul West area for KVMRT3(Previously named as KVMRT2) project.
2. Jalan Ipoh/Sentul area is mature township.
3. YTLLand owns the big land which is comprising 119acres in Sentul. They haven't fully develop the land yet. I foresee there will be more YTL projects going to develop in future.
4. The Jalan Ipoh bus terminus is to be integrated with the proposed LRT terminus of the extended STAR LRT line to create a multi modal interchange incorporating taxi, rail and inter regional bus services. ( reference : http://www.dbkl.gov.my/pskl2020/english/strategic_zone/index.htm)

Today, I browse through the internet and I find out the something quite interesting that shared by a forumer in lowyat.net. See the picture below and focus green highlighted circle.

From the picture, 2 stations of KVMRT2 located in Sentul/Jalan Ipoh. The question is, where is the exact location? Besides that, seems that there will be a cross line between KVMRT2 and KVMRT3 at Jalan Ipoh/Sentul. I guess there will be a interchange hub establish at Jalan Ipoh. Maybe I'm wrong guessing, who's know? However, 1 thing I can definitely can confirm is, there will be at least 1 MRT station in Sentul West.

Last but not least, happy investing on property and good luck!

Investment opportunity - Pantech, Pantech-wa

Recently Pantech share price has been hiking up to 0.9x.
Some friends of mine was asking: Does it still worth to invest?
My answer is YES. It's still have room of growth as its current price. The following are the reason:

1. Pantech P/E is relatively low compare to other O&G industry
2. There are a lot of upcoming major O&G projects that going to be announced in coming years. Pantech will get benefits from that.
3. ROE is increasing for the stock in this recent year. Foresee the growth will be sustained.
4. The company management keen seeking outside opportunity. UK-based Nautic Steels is a succeed acquiring story for the company. They are trying to explore North America market as well.
5. Good dividend yield. With the current price, it still have 4-5% dividend yield a year. Foresee the coming year the distribution of dividend will grow if the business is good.
6. Bullish in Malaysia market is on-going now.

With those reason, I couldn't find any reasons for me not to invest in Pantech. To be more aggresive, I focus on its warrant share with (pantech-wa) with the maturity year at year 2020. Currently the price stay at 0.4x. 

Last but not least, my personal target price for Pantech is RM2 per share and pantech-wa is RM1.45 per share. Target date to achieve is year 2015. 

Enjoy the bullish run... Investment is amazing.

Buy in 5000 RCECAP at price 0.55

Investment strategy

1. Analysis the overall market trend.

2. Focus on an sector that you familiar with.

3.1. Focus on the company king of the company for the sector.

3.2. Focus on the company which is undervalued but have highly potential grow.

4. Distribute your fund into 3 portions.

5. Invest first portion to the stock with current price and remains 2 portions on cash.

6. Another 2 portion of cash could be your fund for you to invest in near future.

7. Hold the share for many years and earn profit with the company growth.