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Monday, June 16, 2014

Market View for this week & Property Expo

As usual, England disappoints me in their
encounter with Italy but Holland show why I
rate them that highly when they thrashed Spain.
I still watch at least a live game every night and
I believe I still have the energy to continue to
do so.

Ok, come back to the stock market.
I saw a pool of reds in my watchlist and Top Volume
at the moment and I believe that the readers
will be wondering whether this is a good time
to grab some stocks. Yes, indeed, in my own
humble opinion, Now is exactly the right time
to start to eat up some good bargains.

During the Consumer Property Expo held on last
Saturday, I told a loyal and attractive reader of a
stock that I believe will move up soon. Before I
disclose the stock, I would like to bring out what
I said about a stock way back in 11 February post.
I wrote," Frankly, I am quite surprised to see
stocks like Pacific Radiance and Linc Energy trading
at today's price. They are not even 10% above their
IPO listed price. My personal view is that Pacific
Radiance is a >$1.20, that mean another 25%
upside from current price."
At that time, Pacific Radiance is trading around the
96cts level. Fast forward to the month of June,
and its recent high was $1.35, not too bad for a 
39cts or a 40% gain from the time I recommended
the stock.

Why am I mentioning about Pacific Radiance today?
It is because the stock that I am going to recommend
will perform exactly like Pacific Radiance.
That stock is POSH, U6C, PACC Offshore Services 
Holdings. Looking at the chart and its fundamental,
I am quite confident that it will deliver what I expect
of the stock. It is still hanging very near to its IPO
price of 1.15 which I believe is a fantastic price to
buy if you never get it from it from the public subscription.
When I recommended Pacific Radiance, it was at
96cts, quite near to its IPO price of 90cts. Now 
POSH is even closer to its IPO price. What is the
potential upside that I am looking at? 
I believe a 20-30% upside is not a too-tall order.

Lastly, I will talk a bit on the Consumer Property
Expo held 2 days ago. In total, 7 readers came 
to the event to look at the various properties on
show-case and also listen to what my CEO 
Mr Ismail have to share on the property market.
From the responses from the readers, they did 
learn and gain knowledge on the property market
that will enable a clearer picture to make their
property investment/upgrading decisions.
The next big event that I have is the Consumer
Empowerment Seminar on the 7th August, just
2 days before the National Day.
If you are interested, you can register with me NOW
as I will be giving out FREE ticket once again.



 

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Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

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