My two major shares investment are Lionind & Muiind.
Lionind has surge to 1.95 on 23/4/07. If you have done your homework, you should notice that Lionind is a major shareholder of Liondiv, holding around 23.9% of Liondiv. It has biz in Properties & Steel also. If you are optimistic on Retail, Properties & Steel Industry, We should not underestimate the future prospect of Lionind. Is this the reason why Liondiv has increase their investment in Lionind in recent weeks?
My friend asked why I'm so positive on Muiind.
I always like to compare Muiind with Warrant ( others company's warrant).
It's not difficult to find warrants that market price are above 0.30, which is higher than the existing price for Muiind.
We all know that most 'warrant' is worthless if their exercise price + warrant's cost is more than the mother's market price. But a lot the warrant still more expensive than Muiind despite Muiind has assets & some good profit making biz.
It has incurred losses for the past quarters, but it's improving. The confidence will return if Muiind recover and making profits again in coming qtr.
We see it now as half empty, but you will see it as half full in near future. Just like the Bursa Malaysia.
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