Pan Malaysia Corporation Bhd (Rm0.255)
PMCorp gained 3 sens (+13%) to close at 25.5 sen. That should be the starting of the major wave 5 of its mega wave (3).
For quarter ending 31/3/2014, its earning per share is 0.24 sen, net assets per share is 49 sens. It has zero borrowing and is having Rm 133 million cash. Cash per share is 19 sens. At 25.5 sens it still looked cheap.
KSL Holdings Bhd (Rm 3.15)
KSL rebounded strongly today to close at Rm 3.15, which is 5 sens below its previous high. If it break Rm 3.20 and moves higher tomorrow, then minor wave ix is in progress. However, if it moves lower tomorrow then it is forming the wave c of its minor wave viii of its mini wave 3 of sub-wave iii.
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