SELL UZMA. SELL CARIMIN. BUY OPCOM, REDTONE, NETX & OTHERS

October 28, 2019 By Calvin Tan Smart Investment

November 2019  Month Investment News

TWO STOCKS TO SELL

  1. UZMA (7205)

Price Rm1.09……………………………………………..Will fall to …. …..Rm1.00

Reasons to sell are a) Failure to get Solar jobs. b) Directors of Uzma sold at 93 sen & below.

Uzma wants at least 35% profit for each project. With Lim Guan Eng now in charge as Finance Minster and more than 3,700 listed and unlisted O&G players Uzma will face profit compression.

 

2. CARIMIN (5257)

Price Rm1.24……………………………………………..Will fall to Rm1.00

Reasons to sell. a) Price now overvalued. b) Directors are all selling !

With 3,700 Oil & Gas Players Petronas has to give Jobs to others. Even Dayang & Penergy now look over stretched and should be sold into strength and switch to NFCP Fiberisation shares

 

STOCKS TO BUY DUE TO RM21.6 BILLIONS NFCP NATIONWIDE FIBERISATION

  1. OPCOM (0035)

Price 78.5 sen………………………………Two Year..Target price Rm2.00

Champion Monopoly Manufacturer of Fiber Optic Cable.  Over the years Telekom has purchased hundreds of Million Ringgit worth of Fiber Optic Cables from Opcom. Followed by Time.Com & TNB about 5% to 10% of what TM has purchased.   This round of the Rm21.6 Billions TM has been awarded 50% or Rm10.8 Billions. Opcom might get a Gigantic Order soon, Opcom appointed 2 CEOs on Sept 6 shows exciting times ahead.

2) REDTONE (0032)

Price 59 sen………………………………Two  Year…………Target price Rm1.50

Rural internet connectivity expert. Won lots of jobs before. Will win more and more

 

3) NETX (0020)

Price 2 sen……………………….Two Year Target Price……..15 sen.

Digital Infrar specialist for Telekom. Also in sun rise industry of E- Payments

INSIDERS BOUGHT 103 MILLION NETX SHARES. PP at 1.89 SHOW BULLISHNESS

 

4) MUI PROP (3913) A must have in every portfolio!

Price: 18 sen…………………..Two Year..Target price…50 sen

Net Cash 19.8 sen. Zero borrowings. Best of Mui Group unlocking Value by CEO.

 

5) PCCS (6068)

Price 41 sen……………Highly speculative!…….Sell above 50 to 60 sen get out!

INSIDERS BOUGHT 39 to 40 sen. Company forecast good Nov 2019 result

See

 

BEST REGARDS

Calvin Tan Research

Singapore (019-3384010)

www.eaglevisioninvest.com

Please buy or sell after doing your own due diligence

 

Note:

Gpacket too high to chase while Ock got high debt.

Forget hype on Rohas as it is mainly into Transmission Power Towers for TNB (No fibers)

These Stocks are Cash Rich & Debt free = Opcom, Redtone, Netx & MuiProp

So buy Opcom (fiber maker) below 80 sen 

Buy Redtone (fiber installer) below 60 sen

Buy Netx (fiber specialist & E-Pay ) at 2 sen (queue early)

Buy MuiProp (unlocking value like Pm Corp once did) at 18 sen or below.

 

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