Thursday, September 23, 2010

PBA Berhad


I had bought in 20 lots PBA, the reason why i bought in is due to the news of adjustment of water prices in Penang. Apart from that , it reach the lowest of the year ,81 cents. Down site is limited , the most 5 cents. Buy in margin of safety, Good resistances !! 10 -20% earning over 1 year shlould not be difficult. At least i got something to hold in bullmarket, or think another way, at least i got something wont drop much in bear market. Better than FD. Hopefully can get $$ in 1 to 2 mths. Accumulating my bullet to hunt another elephant.

Chinese said water is "wealth".

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