Quick Update on the $0.80-1.10 stocks

As the Swine Flu continues to cause fear
and worries to our local market, we have
seen many stocks falling down to attractive
level again.

Cosco is now 0.92, as it is trading XD now,
Keppel T&T 0.865, also after its XD,
and Indo Agri taking a break after surging
high and closed yesterday at 0.815

I also wish to highlight a "strange" stock that
I saw in last few days of trading. The stock
is Hsu Fu Chi, a confectionary group in China.
It surged high on last few days of trading,
and even closed on a high note at 1.10
on 64 lots and 2 transactions at 1.07 and 1.10 only.
The buy and sell queue is always wide apart,
and most often, it is the buyer that will hit the selling
queue directly and cause a good closing.
It is an "interesting" stock, and I will monitor it
for a while.

Update on the $0.80-1.10 stocks

Just a quick update on what is happening
to the $0.80-1.10 stocks list.
Ok, we saw a handful of stocks had fallen
below 80cts, for example, Tat Hong, KS Tech,
Capcomm Trust, Capita Retail China Trust.
I believe they will be up again, passing the 80cts
mark, and likely $1 target when the north wind
is blowing.
Also note that Straits Asia closed below $1.10
yesterday, and worth a look-up.

For those who is interested in Tri-M who gapped-up
to $1 and taking a trading halt, please refer to the
SGX announcement by the company:
http://info.sgx.com/webcorannc.nsf/0ed9438cfda79b4f48256fc4004195c5/ff2671ae315323f0482575a5003b4072?OpenDocument

I will be back soon.........