Monday, March 05, 2007

Technical Rebound??

As for today, KLCI down 6.3% at 1090.82 in moderate volume of 1.49 billion shares with slightly above significant support at 1,110 (psychological). Benchmark now down at December 2006 level, completely erasing year's gains. Persistent selling in blue chips by foreign funds including construction, property and plantation stocks continue to weigh on the market. Based on previous movement (esp the selldown in 1994, a rebound on the sixth days of selldown). So lets see if the KLCI will rebound a bit.

KLCI
Supported above 1,110


Overall, the KLCI bias: Downwards.
The projected upper bound is: 1,154.88.
The projected lower bound is: 1,067.35.

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3 comments:

Anonymous said...

Ok ke kalau nak beli IPO baru sekarang nih?

ATRIUM REAL ESTATE INVST TRUST
RM1.05

Tauke Saham said...

Bro IPOS,

Regarding IPO ni, saya tak pandai sangat. OK lar kot sebab lately banyak yang premium.

On ATRIUM, MaybanSec said:

Fair Value: RM1.20

Property Profile:
An industrial REIT. Atrium REIT’s (Atrium) primary focus is to invest in industrial building properties with a focus on logistics warehouses, and has an initial property portfolio comprises four properties: (i) Atrium Shah Alam 1, (ii) Atrium Shah Alam 2, (iii)
Atrium Puchong, and (iv) Atrium Rawang. The properties were acquired for a total
purchase consideration of RM154.8m, i.e., at a 2.2% discount to their combined open
market value of RM158.3m, and collectively have 809,668 sq ft of net lettable area
(“NLA”). Featuring single tenant profiles and strategic locations, Atrium’s tenant base
comprises reputable tenants - subsidiaries of MNCs, such as Exel Properties, CEVA
(TNT) Logistics, Danzalmas (ie. DHL) and Unilever Malaysia – and 100% occupancy
rates.

Anonymous said...

ouhh... tq so much...