1. YTLP-WB - Sold all my Ytlp-wb at 0.595. ^^ Didn't expect such a contrast where mother price goes the opposite way of son's price. ^^ :) Someone expecting big show from YTLP tomorrow ?? Let's wait and see.
2. MSM - Still holding this, will see how it fare tomorrow before deciding what to do with it. ^^ :)
3. OSKPROP - OR will be listing tomorrow, with oskprop closed at 1.01 today, i need OR to be above 2.90 in order to make profit. Hope for the best. ^^ :)
4. Watch list - OSKPROP, YTLP-WB, MSM, ANNJOO, YTL
5. Thanks hng. !! Copy and paste hng's input on Ann Joo. Among the catalyst for Ann Joo are :-
1. Secure steel plate supply
contract by mega construction project, namely extension LRT and MRT
2.
Secure customized high grade steel contract by Petronas for its Oil and Gas
project
3. Newly completed blast furnace commence commercial production
in Q2 and contribute maiden revenue to Ann Joo
4. Input cost stabilizing
namely scrap metal and molten iron
5. Reduce cost of production through
reduction in electricity cost from its state of art RM 650m blast furnace
6. Absence of inventory write down
and last but not least
7. Tight up with new strategy partner whom have
expertise in manufacture high grade steel product. It could be through equity
stake sell via private placement at least 20%. With that Lim family effective
stake in Ann Joo will be diluted from 66% to 55%
