Sunday, January 4, 2009

Malaysian stock Market 2008 (26 DEC 2008)




26 December 2008, Malaysian stock Market study:This week study:
IJM(3336):Company Background: Top 5 Malaysian developer.Major in Construction sector.Comming project: The light(A luxuries residence area/office/shopping mall which located PENANG Island), this project target on high level international investor. Regency Height super condominium located beside Penang Tesco.


This Year stock price minimum: 2.35


This Year stock price maximum: 8.9


EPS: 5.704


Currently stock price: 2.82


Comments: This share was struggling between 2.6 ~2.8.


Estimate: Price will shoot up to 3.00, while local investor join back to the share market on this bad period.


Long term estimate (minimum 7~8 months): This share predicted with share price at 4.5.


Suggestion: Due to unpredictable global market situation, suggest Shortly buy in (below 2.6) & sell (above 3.00) .


For those who wish to long term invest, you can buy in while the stock price stil below 3.00 from now.

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