KLSE STOCK PICKING

Let's go something different this time;

a) I just wish to add some spice over the rally on KLSE up to 925 point on April 6 2009 whereby
certain fundamentally stocks has been left behind in terms of valuation due to missing
brokerage coverage i guess.Judging from the situation i am overweight on property-related
stocks.

The stock mention is

GLOMAC (5020) trading at RM0.53 with P/E ratio of 4.2 times - had GDV of RM3 billion

as compared to

MahSing (8583) trading at RM1.66 with P/E ration of 11.2 times -had GDV of of RM3.8 billion

b) As for the construction sectors Zelan could probably seen on the rise and fair value was set to
90 Sen by the brokerage company and the stock tracker recorded higher and higher buying
volume.If I got the chance I wish I can get accumulate Zelan as it has been strongly link to
MMCorp and IJM.

c) MayBulk seems to be building solid base over the short-term as well due to 30 sen Final
dividend pay-out

*The comment stated is for the information and doesnt' recommend buy/sell.All risk are at your sole discretion.