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Tuesday, December 4, 2012

Market View 4 December 2012

What a great move by Olam!
Olam unveiled a US$750 million stapled right
issue of bonds and warrants yesterday and it will
hit back at the short-sellers and help dispel doubts
about the firm. I believe the best part is that its major
shareholder, our own Temasek Holdings will subscribe
to all the bonds and warrants that Olam's other
shareholders do not take up. How's that for the
confidence call. It looks like its future is not as "Muddy"
after all. Since its recent saga broke out, I have maintain
my bullish view on the company and called for a
value buy on the stock, and those readers who took
a risk and got it at discounted price can now collect and
sit on the profits. As of writing now, the stock will gap
up at an opening match price of about 1.63   8-)

As for other stocks, it is good to see that Yoma had
attracted The Capital Group to invest in the company.
It had bought over 7% of the shares at $0.525 and
the shares is going to be like 如虎添翼.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.


If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山 

人笑我太疯颠,我笑别人看不穿     


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