Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Thursday, January 21, 2010

Steel stocks reverses gain. Rubber counters still declining

Sold Kinsteel (Q eps 2.1 sen) and Axiata in the last few days. Will buy Kinsteel when it dips below RM1.00

Looking at Lion Ind (Q eps 9.7 sen), Lion Div, Masteel (Q eps 6.8 sen), Southern Steel (recent Q eps 14 sen), Leader (Q eps 3.2 sen).

Supermax declines to RM5.12, very close to its fair value of RM5.07 ( with a pe of 10)

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