Tuesday, May 5, 2009

Kinstel & Perwaja

As I had predicted on today noon, market index counter passing the rally to second and third liner counter. Like Ranhill, Zelan , Jaks and KHSB. Yesterday topic are index counter (heavy weighted company). Today are Construction and Infrastructure related companies. So, we must guess what are the category of company will lead the market on tomorrow. Is it raw materials’ company? Kinstel & Perwaja (Steel Bar)or Cement (YTLcement).

If you had careful analyst/study to those company had achieved the high price. You maybe noted such companies are foreign investors favourite investing company. In year 2008 before the financial crisis, foreign investors are listed as major shareholders on the above said counter. Is it they have been back and reinstate the shareholding again?

The local newspaper still refused to admit foreign investors had step in KLSE equity market. Because they just based on form 29A or 29B to identify it. Please do not forget if foreign investors just bough in about 4%, they did not or not necessary made such reporting to any authority.

But as a speculator in the market, I am welcome all parties enjoy these games. Today, Ramunia has been suspended, it was made my trading account left limited trading limit. So, I never captured any profit contributed by Ranhill and Zelan.

My in hand stocks: Kinstel, Perwaja, Ramunia – wa and Sanbumi

1 comment:

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