Latest Update (8 Dec 2005)

MNC continues strong upward trend ... MPLANT recovering strongly, should have jumped in at around 2.10 (shikes)... LIONDIV took a dive today ... updates below for today and yesterday.

Latest purchases:

UNISEM: +2,000 (1.45) +5,000 (1.48)... here we go again ...2nd round.

MUHIBAH: +8,000 (0.71) ... huge foreign order book, successful foray into oil & gas fabrication, successful foray into shipbuilding, demand for vessels should be strong for years to come ... what's not to like ... MUHIBAH is a steal at this price. Only (-) is lack of liquidity.

LIONDIV: +2,000 (2.15) +2,000 (2.19) +4,000 (2.20) ... big dive today..prob cos all the Parkson listing hoo-ha is now over ... good value at this price, especially as still countless cities to expand to in China... and now they have a huge cash hoard. Just hope not jumping in too early.

NAMFATT: +5,000 (0.41) .. this stock is a bargain. Adding to existing 20,000-share position. Despite construction slowdown, overseas jobs are still sustaining it, quarterly earnings barely affected, in fact improved q-on-q. Now trading at below 3x PE even if you just take last quarter EPS x 4. Once construction stock sentiment returns, this should fly ... volume also picking up.

Latest disposals:

Aarggh ... this is so messy ...

MNC: -5,000 (0.52), -8,000 (0.55), -3,000 (0.56), -4,000 (0.57), -2,000 (0.60)

That leaves balance of 30,000 + 5,000 - 22,000 = 13,000 @ avg cost 0.32.