Monday, October 26, 2009

BOUGHT 5,000 TAS @ 0.785



- Oil and Gas counter. Look at the oil price >$80 per barrel. Oil price will sail along with global economy recovery.
- The company has a better value than Sealink.(Sealink is selling you at higher PE)
- At forward PE 3.5, nothing can go wrong. (unless it's unsustailable)
- 52 weeks high 0.99, low 0.735 (high/low were recorded during IPO time a.k.a. speculative time. Chances of going back to 0.735 is low)

The KLSE rally has lasted too long. Many are waiting for a pullback. With zero holding, putting ~4% into stock is a good start. Buy in stages!

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