IJMLand Review - Jan 2011

Popular Bollinger Band Strategies for Forex 

Considering that most prices will fluctuate within Bollinger bands, many Forex traders buy when prices are near the lower range band and reverse their position when prices subsequently move to the moving average or higher.   

Bollinger bands can effectively be used especially in conjunction with other indicators to determine trend reversals, as well as entry and exit points. 

One indicator that becomes extremely beneficial for trading foreign exchange with the use of Bollinger bands is the Relative Strength Indicator or RSI.   

Using Bollinger bands with RSI confirmation, one would short the currency if penetration of the upper Bollinger band occurs, while the Relative Strength Indicator is simultaneously showing weakness. 

Under this circumstance, an investor would anticipate the price to fall and would exit upon reaching the lower Bollinger band or before.   

One would do the opposite, if the currency price went through the lower band, and yet the Relative Strength Indicator showed strength. 

At this point, an investor would undertake a long position in the currency in anticipation of a minimum movement of back up to the moving average level. 

There is no absolute certainty in foreign exchange trading, but with the prudent use of tools such as Bollinger bands and the Relative Strength Indicator, any individual can greatly improve performance. 

IJMLand's Gold Mine - Year 2011

Re: CREDIR SUISSE TOP PICK..IJMLAND & UEML « Reply #3 on: Today at 12:44:40 AM »

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Dear einvest88, the dilemma of Malaysian construction firm is, Malaysian stock market only rallied for less than one year now, the O&G and steel commodities already begin to rally this 2011.  This implies that, those second & third liner construction stock with low PE, are a bit too late to receive money from the share market now in order to develop their real estate properties, unless those waiting for goverment ETP funding like Karambunai.

IJMLand is a very lucky star, because it receives high PE like more than 25 for few years already.  Which means that, their projects already kicked off even before food inflation began last year and commodities rally begins this year.   To many investors, 2011 marks the year of commodities rally.  The accumulation IJMLand's real estate stock over the years would turn into a big gold mine now.

To me, a construction stock which receives a high PE is a very good & healthy sign.  I suggest to investors that, they should continue to support IJMLand. 

Steel price up - Jan 2011

Re: MASTEEL --- BUY CALL!!!! at 1.15!!! « Reply #57 on: Today at 04:34:01 PM »

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Quote from: stevelee on Today at 03:47:34 PM

ya, agree -- like ijmland... move very fast and also kena trap fast.....

I just want to share something with you.  Last night I watched CNN news reporting on Australia condition.  The bad weather that causes Queensland flood since Dec 2010, also disrupts Australian top 4 outputs, i.e. Coal, Wheat, Steel, Sugar.  Coal is also needed to produce Steel in many countries, like China.  So with this news, sure it drives the steel price up. 

However if you follow the past history of Steel makers, BHP Billiton and Rio Tinto, you will realise that it is an international affair between China & Australia.  China is the biggest steel consumer.  Since China interrupts the Steel price which is controlled by Australia companies, the price of steel dropped from a high of 3,400 RM/tonne, to 2,500 RM/tonne.  Later mid 2010, Australian gov imposed 30% mining tax on the companies, which send the steel price further down.  It hit the bottom in Oct, I read the newspaper saying the High tensile steel bar costs somewhere around RM1600 per tonne.

If you plan to buy Steel maker company, remember the ceiling price of steel product is controlled by the government called the Goverment Controlled Price (GCP). This is to protect many government linked projects.  Many local steel makers prefer to export their products to oversea to fetch a higher price.  Master Builders Association Malaysia MBAM is calling a ban to export building materials such as steel bar and cement to oversea.  I am only afraid that, the profit margin is squeezed thinner & thinner just like the gloves companies.  Whereas the construction company which has a handful of properties to sell, their stock turns into gold.    

Attack IJMLand 4 Jan - 3 Pocket Theory

Based on my 3 pocket analysis,
On Monday, IJMPLNT peaked at RM3.15, warrant peaked at RM1.35.
Tuesday, IJM peaked at RM4.40, warrant peaked at RM2.80.  Heavy selling seen on 11am with high volume.  Big buyers are switching their funds by locking in the next IJM counter by afternoon.
Wednesday, IJMLand and Wa will fly in the the morning.

Afternoon Session, IJM seems experience mild rebound from heavy selling of fund switching.

Comments: -  IJMLand seems stable at 2.85, day trader profit take at late afternoon.  IJMLand warrant stabilizes at 1.58, IJMLand Wa should experience a boom from fund switching of IJMLand.

IJMLand+MRCB mega deal merge called off.

Re: ATTACK IJMLAND RM3.18 TP RM3.40 for Today, Rm3.60 for Tomorrow « Reply #712 on: Today at 06:06:09 PM »

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The last time I made big loss was in Oct 2010 when I bought KFC on Trading contra.  I made 12k loss 3.15 to 3.00 which dropped for 15 cents.  But less than 2 weeks I made 160k from 300k margin facilities with 100k unit of KFC.

Sometimes I bought contra because it reminds me how hard my money is working in the margin account.  I know this round I am going to lose about 20k on paper loss. 

I understand Warren Buffett style and his rules of investment.  #1. Never lose money.  #2 Never forget rule #1.  But that just not work for me.   No pain no gain is my only rule for investment.

I really want to thank everyone for supporting IJMLand.   Unlike Hap Seng, IJMLand is a company that really needs money for development and they are doing a great job.  Thats why I fully support IJMLand.  I will never sell my 400k worth of IJMLand & Wa shares even though next week.  Cos IJMLand deserves to have a loyal financer like me.

With this wraps up my post for Attack IJMLand for RM3.60.  Thank you to all my beloved supporters.      

Attack IJMLand on 21st Dec 2010

85  Stock Markets / KLSE / Re: ATTACK IJMLAND RM3.18 TP RM3.40 for Today, Rm3.60 for Tomorrow on: December 21, 2010, 12:13:27 PM I just want to advise all.  If today IJM corp stay at 6.45.   According to my 3 pocket theory, this round of booming should belong to IJMLand that will last for 2 days.  The trading volume is above 25k. Reason for IJMLand to fly => IJM mother share already up 4% last 2 days    Hang Seng index is up 250 points today.    US showing signs of recovery.     Construction stock becomes a big hit.    Palm oil future scaled down.    Big sharks are holding IJMLand since last week.   Big KOPI money on the making!!!!!!!!!!!!!!!!!!   ATTACK IJMLAND & Wa!!!!!!

IJM acquires MRCB deal

Re: IJMLAND taken private at RM4.00 « Reply #132 on: November 24, 2010, 07:21:03 PM »

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Quote from: money_builder on November 24, 2010, 06:36:55 PM

Really wonder why it took a whole morning for the public to digest, only afternoon it rally... haiz... missed the boat due to hesitation. 

Now I fully understand. IJM Corp never thought of diluting its subsidiary company which contributes more than 50% of revenue.  Instead, when IJMLand merge with MRCB, (the new company named as Newco)'s earnings still consolidated into IJM Corp.   And it is a completely a reverse case as opposed to UEMLand and Sunrise merge.     
http://www.themalaysianinsider.com/business/article/ijm-expected-to-control-new-property-giant/

From strategy point of view,  Sunrise is on the losing ground.      Another way of saying, UEMLand gain control of  Sunrise with option 1.  While Sunrise will only see their portfolio hike 60% in value with second option with no cash redeemable after merge too.

IJMLand as the reputable township developer,  
gained the controlling shares of Newco,   
gained access to Sungai Buloh master plan,   
also gain access to EPF funding,  
finally gain a high rise developer as new partner.  
at the same time, it still taking care of its mother too.   

http://biz.thestar.com.my/news/story.asp?file=/2010/11/24/business/7487141&sec=busines

          

IJMLand+MRCB mega merge deal

Re: IJMLAND taken private at RM4.00 « Reply #137 on: November 25, 2010, 01:00:20 AM »

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Quote from: MONEY1168 on November 24, 2010, 07:23:47 PM

U MEAN IJMLAND IS OF BETTER FAVOUR THAN UEMLAND & SUNRISE?  UEMLAND NOW IS UNDERVALUE NOW, DO U THINK IT WILL FLY LIKE IJMLAND.  THANK YOU FOR SHARING.

From my analysis, I would say NO to your questions.
1. UEMLand is not undervalued based on PE ratio.
2. UEMLand will not fly like IJMLand.  IJMLand will fly from RM2.80 to Rm3.65 or perhaps higher .

On top of your questions,
3. SUNRISE shares will drop to around Rm2.00 as shareholder call for early exit.
4. UEMLand will be stay above RM 2.00 based on acquire cheap Sunrise, high net gearing, near to zero EPS
5. The first giant is overvalued by 20%.  The money would flow to property giants like Newco and Sunway.

I rate UEMLand/Sunrise 1+1 = 1.5, IJMLand/MRCB 1+1 = 3.5

From current company profiles,
UEMLand has ROE 8.19,   EPS 0.007 to 0.05, and PE 38.39, Net Gearing 62% (Feb 2009 ), Market Capital 8.0bil
Sunrise has    ROE 11.81, EPS  0.26 to 0.33, PE 10.03, Net Gearing 39% (Nov 2010), Market Capital 1.3bil

IJMLand has ROE 7.75, EPS 0.09 to 0.11 , PE 27.45, Net Gearing 21% (Nov 2010), Market Capital 3.5bil
MRCB has     ROE 3.94, EPS -0.02 to 0.035, PE 59.54, Net Gearing 62% (Nov 2010), Market Capital 2.8bil

ROE, EPS and PE, Market Capital retrieved from Bursa, and Net Gearing taken from Malaysia Finance BlogSpot.