Silver Buy Call!

I'm continuing my Silver buy call!

Also, I hope you guys have profited from my calls in Handal, and Kossan and many more.

Of course no one person can generate all perfect calls. As long as you have holding power, it shouldn't be a problem. In my humble opinion, TM is a company that is severely undervalued. It is the internet backbone provider, and should be taken more seriously in this day and age. Step aside Maxis and Digi!

My target for near term should be above RM6.00

Gold and Silver prices slammed, yet again!

Those who think they are late to the game, time to get in before it's too late! Once the big players clear their massive shorts, the prices are going to skyrocket!

TM berhad

A company to watch out for. Is severely undervalued for such a big company. With only over 3 billion shares traded, the company is currently valued below RM20 billion. I optimistically value the company at RM35 billion, which values each share at RM10.00 at the very least. Remember, this company owns and operates the country's backbone internet infrastructure, with substantial holdings by foreign Telco companies as well. 

Internet + Cable TV = Maxis + Astro 

Just do the Math. With plenty of room for growth in the Internet and Data business, as well as plenty of room for Cable TV growth, I don't see why the share price should remain low forever. 

In an uncertain world economy, this company pays steady dividends, and operates in an almost inelastic demand business environment (would you be able to live without internet?), TM presents a good buying opportunity, and we can already see the funds collecting. 

Nikkei Slide continues to impede on KLCI's advancement

Nikkei Index

KLCI Trading Activity 27th May 2013

The Kuala Lumpur Stock Exchange continues to be impeded by Nikkei's fall this morning. Stocks in focus still encompasses the Oil and Gas sector. It has been a while now since Telecoms are in play. 

and....Nikkei plunges, hits circuit breaker

Nikkei Plunges 7.3%

Has the great crash begun? Stay tuned...

Bitcoin : Time to re-enter?

After peaking off at around USD260 per Bitcoin, it fell to USD60-ish. Now trading at USD120 region, it is almost half of its value during its peak. Is it time to consider re-entry into Bitcoins? Recent trading volume has shown significant decline, but I see more and more reported acceptance of Bitcoins by retailers. While it might remain a novelty idea for sometime, this might be the defining moment for Bitcoin. With less trading volume, it could mean more stability for the cryptocurrency, a much sought after characteristic that business owners want. A stable currency is a good foundation to work towards being the de-facto alternative method to buy and sell online without big brother snooping around.  

Bitcoin Chart; Uptrend Momentum?

That said, a great entry price would be around USD80 if anyone can get it. Perhaps Bitcoin is not so much of a fad after all! 

Silver Crashing , as Predicted

Silver Crash 20/5/2013, Charts from FXCM

Support Line indication at $17-$18/ounce

Prior to this, I did mention not to go all-in to buy silver just yet. Hopefully some readers followed my call. This morning, silver was slammed by as much as $2 !!! It was reported over the weekend that HKMEx was to cease trading and settlement to be made in cash. 
Could this had been the reason? After all, the world's markets are rigged, just like any big soccer match. 

Anyhow, prices are recovering as we speak. But, keep a keen eye on the mentioned support line.