CPO Intraday Trading Signal for 15th April and 16th April Netted RM550

Dear readers,

Following are my trade signals for 3rd month CPO contract for trades on 15th and 16th of April.
Both are profitable at 11pts each. If you like to received live trade signals for 1 week pls whatsapp me 0164866892 . "Subscribe CPO"

Here are the actuals signals send.

This is for 15th of April and 16th April

Happy trading.!

CPo trade signals 14th Aoril 2014

Today trade yield 24pts. Thats Rm600 for todays trade.

Todays trade: long at 2639.
Profit target 1: 2650
Profit target 2: 2663
Stop loss: 2626

If you would like to received trade signals free just whatsapp me at 0164866892  with message 'Subscribe CPO"

BUY Signal on Malaysia Stocks- MPCORP

Dear readers,

Following are extract from the current financial report on the future of the company.
Valuations looks cheap based on the revaluation of their development land in Iskandar Development Region (IDR) and plans to unlock the value on their current property in KL. WISMA MPL.

Singapore Stocks Pick: Mencast

Mencast (SGD0.58) BUY (TP: SGD0.76) Enterprise Of The Year Mencast received the Enterprise of the Year award at yesterday evening’s Singapore Business Awards presentation dinner. Other preeminent companies that have won this award include Tee Yih Jia Food Manufacturing, Super and The Coffee Bean & Tea Leaf. The win reinforces our view of Mencast as a long-term growth player in the oil & gas (O&G) industry. We maintain our BUY call and SGD0.76 TP. Excellence in all criteria.

 The Enterprise of the Year Award recognises companies along four criteria: i) innovation record, ii) entrepreneurial skills, iii) growth record, and iv) financial performance. Mencast has indeed successfully reinvented itself to encompass multiple points in the maintenance, repair and overhaul (MRO) business along the O&G value chain from just a sterngear manufacturer initially.

  History as a guide. Tee Yih Jia Food Manufacturing Pte Ltd, whose executive chairman Sam Goi won the Businessman of the Year Award last night, was the first Enterprise of the Year Award winner in 1986. Recent winners include Super (SUPER SP; BUY; TP: SGD3.99) in 2012, The Coffee Bean & Tea Leaf in 2011 and YCH Group Pte Ltd in 2010. If history is any guide, we hope to see Mencast achieving the same prominence in the O&G industry as these others have in theirs.

Sending a strong positive signal to all stakeholders. We believe that this award sends a strong signal to all stakeholders on Mencast’s sustainability and growth potential. We continue to see clear sources of growth in each of its offshore and Engineering, Marine, and Energy divisions, notwithstanding the labour supply issues in Singapore. Its heavy investment in automation and productivity improvements should begin to bear fruit this year.

Maintain BUY with SGD0.76 TP unchanged.

This award serves to reinforce our view of Mencast as a long-term growth player in the O&G industry. Our TP is based on 12x recurring FY14F P/E, which is a conservative multiple for its 80% core earnings growth potential this year.

  Source:DMG

Malaysia CPO Intraday Trading Results for March 2014

Dear readers,

Following are my proprietary trading results for March 2014 that just concluded.

Total Gross Profit was MYR3,575!!

Here are the list of trades results. If you would like to subscribe for the 1 week trial, just send me a whatsapp(0164866892) message " Subscribe CPO".

Month	March 2014		Underlying Instruments: CPO 3rd month
Date	Long/Short	Entry	Exit	Pts	Profit
1
2
3	Short	2848	2836	12	300
4	Short	2809	2797	12	300
5	Long	2835	2847	12	300
6	Short	2822	2810	12	300
7	Long	2875	2887	12	300
8
9
10	Short	2873	2895	-22	-550
11	Long	2889	2914	25	625
12	Short	2848	2836	12	300
13	Short	2835	2823	12	300
14	Short	2782	2770	12	300
15
16
17	Long	2756	2766	10	250
18	Long	2743	2754	11	275
19	Long	2769	2781	12	300
20	Long	2756	2743	-13	-325
21	Short	2743	2731	12	300
22
23
24	Long	2743	2730	-13	-325
25	Long	2691	2702	11	275
26	Short	2717	2705	12	300
27	Short	2678	2691	-13	-325
28	Long	2652	2663	11	275
29
30
31	Short	2652	2640	12	300
			Total	151	$3,775
		Total Contracts Traded		42
	Brokerage Charges Intraday Per Contract			42	$525
		Total Brokerage Charges
			NetProfit/(Loss)		$3,250

Intraday Trade Signals for Malaysia Stocks

Dear readers, I am extending my service to cover intraday short term trades and day trading on malaysia stocks. For interested readers you can view my blog posting in http://klse.i3investor.com/blogs/tradesignals/ or via this page. For readers who would like to subscribe to my real time service please drop me a message via whatsapp 0124808221 " Subscribe KLSE".

I will post my last two months performance in a few weeks time. So keep reading. I'll be BACK :)

regards,
Keith

Singapore Stock Picks: Frencken Group (TP SGD0.49)

Frencken Group (SGD0.30) BUY (TP: SGD0.49)

 Grossly Undervalued In a Booming Sector The recovery in Europe’s auto sector is apparent in the climb in car sales six months in a row. The sector is revving up as the market responds positively to Amtek Engineering’s bid for an auto components maker at a 21.9x FY13 P/E. However, we prefer Frencken given its lower gearing and stronger business. We lift our TP to SGD0.49, based on a 9.6x FY14 P/E and 20% discount to the peer average, as its valuation tries to catch up. 

 Frencken to benefit from Europe’s auto recovery. The 7.6% y-o-y growth in February registration of new passenger cars to 894,730 marks the sixth consecutive month of rising car sales in Europe, signaling that the region’s car sales are on a firm path to recovery.

We expect Frencken to benefit strongly from this recovery trend as the bulk of its automotive components is exported to European customers. Sector boom to fuel M&A activities. Amtek (AMTK SP, NR), which is also a precision component supplier, plans to shift its focus to the booming auto sector via the proposed acquisition of Interplex, an automotive components company renowned for its miniature parts.

 Amtek could pay up to USD210m for Interplex, valuing the company at a 21.9x FY13 P/E and 2.6x FY13 P/NTA (FYE May). This demonstrates the level of interest in auto component suppliers during this auto boom. Prefer Frencken at current valuations. Following news of the proposed acquisition, Amtek’s share price has rallied 38.9% to a high of SGD0.75/share.

 At the current price of SGD0.66, the stock is trading at a consensus FY14 P/E of 10.5x and FY14 P/BV of 1.6x. While Interplex has certain cutting-edge capabilities in areas such as plating and insert moulding in the automotive industry, the uncertainty surrounding the acquisition, the post-acquisition execution as well as the high net gearing (134.6%) of the new entity, make Amtek less attractive compared with Frencken. Although smaller in size,

Frencken boasts a portfolio of blue-chip clients such as Valeo and Continental in Automotive, as well as engineering knowhow in the fields of medical, life sciences and semiconductors. Most importantly, the stock is trading at a 5.9x FY14 P/E and 0.55x FY14 P/BV, while its minimal gearing and strong earnings growth potential provide a good margin of safety.