Short Market View & Consumer Property Expo 2014

As I am writing now, I can see that finally Fraser
Centrepoint is suffering its long awaited coffee
break and is down by 7cts at $1.855 Last month,
when I recommended the stock around the $1.52
level and stated that the target price is $1.80-2.
At that time, some readers skyped me and said
that it is impossible as the property market is
weak and Fraser Centrepoint may even go down
further. I stick with my view and indeed Fraser
hit $2 within weeks on 21th May. I got also some
readers who commented that the stock price is
too high in the 1.90s. Ok, if I say that the price
will go back to the $2 region, will you buy now?
As usual, there will be people who say that the
price will go down further, and there will be people
who will do nothing and hoping to say, "There, I
told you so....", and there will be another pool
of sad people who will always say, "I Should Have..."


Next, to put it on record what I told quite many
readers on skype from last week till today.
I told them that Metro is a good buy for short-term
horizon. Take note that I did not say it is a good
contra target now. To me, I am looking at at least
20% returns from Metro in the short near term.
It is still looking very good on the chart and the
only thing lacking is a continual follow-through
volume, which I believe will come soon enough.
When I said that Fraser can reach $2 last month,
there are also many people who don't believe me....
The rest is History.

Next, Propnex is having a Consumer Property
Expo 2014 on 14th June at HDB Hub Auditorium.
All are welcome to the event but please register with
me in advance. This will be great event for anyone
having property enquiries and doubts for this year
and beyond. It will be personally conducted by my
CEO, Mr Ismail, and for those who came to the
Consumer Empowerment seminar last week,
you will know how energetic and lively Mr Ismail
can be when he is speaking on a topic that he
knows very well.
More detail at Consumer Property Expo 2014
Register with me Nicholas @ 97509878