Commentary On Hot Stocks

You cannot please everyone, even when you are just commenting on hot stocks, some will say I only comment on them after they moved. So what, how am I to know things before the corporate moves? Unless I am the one driving the exercise. These are not fundamentals based analysis. These are hot stocks. The aim is to ascertain if they have more upside or the upside is limited from here. Its call trading, ok!

MRCB - Looks to have finally found some wind in its sails. Upside is there, not much and will be slow.

OSK - News that Maybank has made a bid for OSK seems to be true but Ong Leong Huat will probably not bite. Hence the rally is petering out. Based on active volume in the market, all brokers stocks should be rated higher. Upside limited beyong RM2.00.

Press Metal - Besides showing excellent results for the last 2 quarters, it appears there is a new big investor in the company. Broke through recent high easily, should have more upside. Valuation wise justifiable up to RM2.60.

K One - Since the last commentary it has rosen from RM1.00 to above RM1.50. Fell following the UMA from Bursa. Still look good until their corporate exercise announcement.

Kinsteel - Following the previous commentary, looking to shift gears. OK to trade.

Landmark - Looking to establish a new base to rally. Quick trade.

NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees (donations are welcomed though). The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.