Thursday, January 19, 2012

Gong Xi Fa Chai - Welcoming the Year of the Dragon

The last 30 days has been filled with much festive mood, going from Christmas, to New Year and now Chinese New Year.  The overall market has been pretty upbeat as well with Dow Jones reaching 12,500 points while KLSE staying above 1500.  The quarter earnings release month has also just started.

Just released last night, HuaYang did it again with another fantastic quarter.  The stock price has been steadily on the uptrend since it has received a Buy call from investment banks.  I am still holding dearly to my HuaYang.

Another stock that has been rising rapidly is MBSB.  My current paper gain on the stock, MBSB-WA, has surpassed the 50% mark.  MBSB is due to release its quarter earnings in February.

I would like to take this opportunity to wish everyone a very Happy Chinese New Year & Happy Holidays.  Drive safely and be a good investor.  HUAT AH !

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