Tuesday, November 23, 2010

What happen to SUPERMX & MUDAJYA

Touch a bit on the 2 counters I'm still holding on to, Supermx and Mudajaya.  I'm aware Supermx reported a drop in this recent quarter which was reflected in its stock price selldown of late.  The good news is that Supermx managed to regain its losses and hovers around 4.50 even though there were some selling activities by EPF.  The potential of growth is still there.  I'm not worried about Supermx.

On the other hand, Mudajaya seem to be weakening of late, dropping below my entry price.  Interest in the counter seem to have dwindled after the SEC probing incident.  But that's alright.  I don't foresee it to continue drop much further from my entry price.  Still holding on to my Mudajaya.

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