Weekly update

Dow (17,049)

Dow is forming the mini wave 2 of sub-wave v of wave (xi). No danger yet. The subsequent wave (xii) and wave (xiii) can last until first quarter of 2015. Be extremely careful when wave (xiii) is completed as that can be a major turning point.

FBMKLCI (1,855)

KLCI is forming the sub-wave iv of wave (v).

KSL Holdings Bhd (Rm 4.59)

The 36 sens (+8.5%) surge is the minor wave iii of mini wave 3 of sub-wave iii. Still a long way to go. If its next 2 quarter earning can be the same as its first 6 months earning of 36.3 sens a share, its 2014 earning should be in the region of 70 to 80 sens a share. Its net assets is Rm 3.70 a share.

Pinehill Pacific Bhd (Rm 0.38)

After completing its mega wave (1) in year 2000, Pinepac moved side way for the next 14 years to form its A-B-C-D-E mega wave (2).

 

From May 2014 to end of June 2014 it has completed its major wave 1 and 2. 

In early July it surged to 52 sens to form its wave (i) and it has completed its wave (ii)  last week. It added 2.5 sens today, is that the starting of wave (iii) ?

Only Dr. Mahathir can say these :

Click 'Dr. Mahathir 1' and 'Dr. Mahathir 2' for the articles.


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