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Wednesday, July 25, 2007

New Tips On The Block,

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Hello fellow punters,

Just wanna share some recent tips provided by my remisier and my usual tipster. My remisier told me to buy the following counters: Melati Ehsan & Salcon. What's the story? I really don't know. Apparently he got the tips from his client who has successfully called upon RB Land before its gigantic rise this week. According to him he simply can't say no to this guy's tip. Being naive, I also followed him, just to try my luck. Bought Melati & Salcon @ 1.65 & 1.15 respectively.

I've increased my holdings in Tamco Corporate. Some takeover story is backing my plan. Bought some when it fell to 1.00-1.02 and will continue to accumulate. 1st target price is set at 1.50 so 40-45 cent upside if you buy at the last traded price of 1.07. This tip was given to me by the guy who tipped TSH Resources and UEM. So far the success rate of all his tips is 100%, so definitely worth a punt. I still have 2 lots of TSH, waiting patiently for it to touch RM4.00!

Other counters look a bit lackluster... TWS Corp, Selangor Pty and ECM to name a few. May reexamine my position in these counters with a slight possibility to reduce some holdings there.

Hovid is looking good recently. Gathering new support level at 0.45-0.46. May breakout soon. Target price is set at 0.60. Not to forget, RCE Capital which seems to recover from its recent correction. Building up momentum at around 1.07-1.08 with immediate resistant at 1.15, 1.25, 1.35 and 1.50.

Ok guys enuf about the tips. Need to catch-up on the second semi of Asian Cup. Feels like it'll be a middle east showdown where Iraq will square against their Saudi neighbor. Hoping for a better market condition tomorrow. Good luck punters....C ya in my next posting.


Signing off at 10.35 p.m.

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