Fair Value: RM 5.49

Current Price: RM 7.16

Recommendation: HOLD

On the 16th July (last Friday), the company exercised a 1:1 Bonus Issue. Thus, I revising the current Fair Value to RM 5.49 to reflect the capital changes.

Refer to previous write-up here for more info on this company

Investor Expo 2010

Posted by Daniel Wong | 2:28 PM | | 0 comments »

Dear Readers,

There is an exhibition on investment starting today, 17th and 18th July 2010 (Sat & Sun) 10am to 8 pm at KL Convention Centre.  The exhibition will feature the various investment vehicles including property, shares and other money-making projects such as options and futures trading as well as forex trading.  They even have funds for you to invest in wines and other less conventional investments such as offshore land.

Andrew Chia will be speaking at this expo which is the largest investment expo in Malaysia, organised by Malaysian Investor Relations Association (MIRA) together with ShareInvestor, a subsidiary of Singapore media giant, Singapore Press Holdings.  He will be speaking on 18th July (Sunday) at 5 pm, topic "How new investors can generate immense wealth from their investments". 

More details here: http://www.investorexpo.com.my/

Fair Value: RM 5.76 
 
Current Price: RM 6.44
 
Recommendation: HOLD

As the current market price had overshot the Fair Value, I'm revising my recommendation from Buy to Hold.


Refer to previous write-up here for more info about this company.


Company
Recommended Date
Price (RM)*
Current/Sold
Price (RM) **
Gain ***
15-09-09
2.13
3.87
81.69%
20-09-09
1.96



04-11-09
1.71




**** 1.83
2.28
24.59%
10-10-09
8.23
13.64
65.74%
23-04-10
5.59
5.80
3.76%
Average Gained *****


35.16%

* Adjusted price due to capital changes such as Bonus Issue and Shares Split.
** As of July 2nd 2010 closing price. For the latest price, go to http://biz.thestar.com.my and enter the stock quote in the upper right search box.
*** Including both Paper Gain (still Holding) and Actual Gain (already Sold), not including dividends received.
**** Average Buy Price for COASTAL, assuming that same units of shares had been bought.
***** Assuming equal amount of money had been invested for each recommended Buy date.

Disclaimer

This is a personal weblog, reflecting the author's personal views. All information provided here, including recommendations (if any), should be treated for informational purposes only. The author should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.