E&O Berhad

E&O related companies stock price have been increased steadily these few days. Only E&O (3417) is still trading within the normal range, without any sharp surge like the rest.



Looking at this trend and situation, E&O should be the safest property stock at this moment. It should be catching up E&O Prop share price soon.

Meanwhile, impressive quarterly result (which is due by next week) from E&O is expected as well. Substantial shareholders continues to accumulate this stock.

Invest, accumulate and gain ....

Nextnation Communication Berhad

Nextnat has been a big disappointment for me during recent months of bull market. It share price does not really move. Instead, it moved slightly lower!!
I believe its share price does not reflect the financial results that have been achieved in last few quarters. I would say the share price moves accordingly to the management style where they prefer 'slow and steady' instead of expanding too aggresively. As a result, the gearing is almost zero with very little debt involved in this company.
It's wholly-owned subsidiary, Ozura has been expanding actively in recent months. Maxgames, the partnership between Maxis and Ozura, is growing with more and more games and activities introduced. Please refer to www.maxgames.com.my for more information about Maxgames.
With mobile contents become more important for telco companies, Nextnat is on the right path to continue its growth!
However, I realise that more players come in to enjoy this fast growing market. The major competitors in this market are mTouche, MNC Wireless, AKN Mess, Airocom, GMO and others. mTouche and GMO would be the strong competitors while the rest do not really doing well at this moment.
No doubt things are moving slow in Nexnat as they yet to complete private placement and bonus issue date is not finalised.
Let's wait for the Q3 result which is due next month (March 07) and we will get a clearer picture of Nextnat. I have stated my personal expextation in my previous blog.
Be patient again? Holding power is important in this situation ...

Eastern & Oriental Berhad

No doubt, E&O share price does not move much in recent bull market. Its subsidiary E&O Prop share price has moved up to RM2.52 (as at 16 Feb). After disposing 5% of E&O Prop to Capital Group, E&O still holds about 70% of E&o Prop.
Meanwhile, Putra Perdana doesnt move much as its an unpopular stock and its a smaller player in construction where it's out of the radar of most of the investors. This is within the expectation as there is no 'fantastic' developement or growth for this company.
As E&O Prop share price has increased to a higher level, I believe E&O share price will be increased consistently in the mid-term. GK Goh Holding Limited (from Singapore), UBS Group and Goldman Sachs (from US) have been continuing to purchase E&O stock in February. They hold 20%, 6% and 6% of E&O shares respectively.
Be patient and we will be rewarded accordingly ...

Quarterly earnings release season

Feb'07 is the month for many listed companies to release their quarterly earning results.

Overall, most of the big companies with solid fundamental are expected to release great results. DiGi and Titan have done so in last week. The strategy to buy the stocks 1 or 2 days before the announcements is proven to be a good one.

Maxis will be releasing its result next Friday. It's worthwhile to try to same strategy?

Meanwhile. I expect property players to release impressive results too. As a result, I have bought in Mah Sing last week. If the bull market continues in next few weeks, I believe Mah Sing will be able to continue its uptrend after the earning release. Higher dividend (at least 12 sen) is expected as well.

Gong Xi Fa Cai

Titan posted a very impressive 4Q result

Titan Chemicals Corp Bhd has just announced their Q4 result - PAT of 241mil. Q4 PAT almost doubles Q3 PAT, with an inprovement of 94%. Titan declared a final tax exempt dividend of 4.5 sen per share as well.
Watch out the share price tomoro ...
It has gained 5 sen today (closed @ RM1.55).
Happy Chinese New Year!

DiGi, Maxis and TM

The above big telecommunication players will release their quarterly result as below:

Digi - 14 Feb 07
Maxis - 23 Feb 07
TM - 27 Feb 07

Base on previous trends, DiGi has the biggest possibility to move its share price after quarterly result announcement.

Good results are expected from all of them.

It's time to accumulate DiGi and sell it after the announcement ... (for short term trading)