Wednesday, February 21, 2007

Ideainfo-Xc (Feb 21, 2007) the inner voice

In the twinkling of an eye, three days have passed. The market will be back to life in a few hours time. Most likely it will start off well. Blue chips may take a breather; mesdaq counters and lower liners are likely to take the limelight.

There were a lot of profit-taking at YTLE. The news of its involvement inWIMAX has probably been discounted. Its latest high of 81c will not be breached for some time.

Because of the REIT factor and foreign influx of funds, property shares will do well. The best-safety bet is IOI Property with its sound solid management & balance sheet coupled with good earnings.

The deal between IJM and KEURO appears to be on track as reflected in the share price. Talam will benefit immensely if IJM eventually controls KEURO. The stock is on the move. Keep it in view.

ASIAEP has moved up a few sen since I mentioned it. It should be heading for higher ground.

Good luck and all the best for a prosperous New Year.