PORTFOLIO UPDATE 12TH APRIL 2007

Bought MEGAN-WA @ RM0.30 x 10,000 units today after dispose DBHD @ RM0.615 on 10th April.
Property sectors still hot and plantation counters as well. For plantation, I am looking at UNICO-DESA (RM0.64). The counter will go ex-dividend on 3rd May. 1 share for every 15 shares held.
MEGAN is still hot as long as property counters still on the spotlight. I believe Pak Lah will announce further incentives tomorrow to encourage property growth in Malaysia.
5 counters (out of 15 counters) under radar:

1. SMRTECH (Target price RM0.62)
2. ISS (TP:RM0.44)
3. EDEN (TP:RM2.86)
4. EG (TP:RM1.01)
5. FLONIC (TP:RM0.66)

The target prices are based on 12 month expectation.