Fraser Centrepoint News, Metro & Consumer Property Expo

Ok now we "know" why Fraser Centrepoint
a drop in yesterday trading:
Frasers Centrepoint fuels A$2.6bn bidding war for Australand
If you ask for my personal view on this proposed
take-over, I will say that it is a wonderfully fantastic
move by Fraser. The price maybe suffering from
some uncertainties and doubt over the bidding
war, but it is in such time that you can get the
stock at a distress price. I am still confident on
the stock with a short-mid-term time horizon.

Next, we have Metro.  I wrote that I am looking
at a 20% returns from the stock with a short-term
view. This was what I told many readers who asked
me about the stock in Skype. Do take note that 
this is NOT a contra trade. This can be considered
as a short-term investment with a high return potential.
As long as the gap of 96-965cts is not covered,
Metro should be on track to head above the $1 
mark again and higher it can go.

Lastly, Propnex is having a Consumer Property
Expo 2014 on 14th June at HDB Hub Auditorium.
There will be over 25 local and overseas residential,
industrial and commercial properties on display.
Where else can you get to know over 25 properties
at one go to make your investment/upgrading decision?
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 

 

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 

Market View & Consumer Property Expo 2014

Today is the first trading day of a new month,
June, and is also 端午节, Dragon Boat Festival.
What can we expect from the market in June?
During the first few posts in this blog in May,
I stated that the well-known market saying of
"Sell in May and Go Away" won't work this year,
and it indeed materialised. How about June?

Last Friday, I wrote in this blog,
"Next, I will just voice out my personal view on the
market right now. I am seriously turning cautious for
next week as I can sense the tide is turning and
some stocks are getting tired right now. This is my
personal view for now and it remains to be my view only."
I expect the market this week to be rather weaker
than last few weeks as it is time to take a short
breather before resuming the race. I still like a couple
of stocks and I will highlight them as the weeks and
month proceeds...
For Metro, I believe that many readers are out of
the stock with a couple of cents of contra winning.
Can the winners write me a comment? Thank you.

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