World index down down down,
8 months to go up at current point but 2 days nia wipe up all the gains.
What i have been doing lately?
Just look at my portfolio whereby the loss keep on increase. Kanasai.
I have phobia of buying stock liao.
You takut or not.
Let's wait and see whether KLSE mati 1st or CK5354 mati 1st.
Monday another blood bath due to S&P downgrade to AA+ from AAA+
Good luck my pals.
Stock in my watch list:
MEGB - education evergreen industry, Chinese saying " No matter how poor you are, we can not neglect education"
Some readers send me this reply from MEGB:
Thank you for the information request dated 3 August 2011 on the share prices through Masterskill website.
We are glad to inform that company’s fundamentals are still very strong and Masterskill at the moment is still the leading operator in the nursing and allied health education industry in Malaysia. At the moment we have approximately 17,000 full time students enrolled in our diploma and degree programmes.
Going forward Masterskill Education Group Berhad (MEGB) long term prospects is still intact with the expansion plans below:
· Masterskill will eventually set up the Universitas Masterskill – Mayapada in Indonesia, which will offer programmes in nursing and allied health education similar to the programmes offered by Masterskill in Malaysia. The new venture is expected to fully operational by end of next year that will further contribute towards the company revenue.
· Masterskill has also mapped out plans to expand into academic courses other than healthcare as part of the longer term growth strategy. For start it intends to diversify into areas of Private/International School, School of Hospitality & Tourism and School of Business and Law. The Business related courses or degree programmes will be offered in collaboration with the University of Newcastle, Australia.
As for the share prices they are expected to be more on a positive note in the long run as these have been supported by analyst reports available in the Investor Relations portion of Masterskill website. The analyst reports have recommended a strong buy with share prices moving upwards. All the reports have been made available in the website for your reference.
Masterskill will be unveiling its latest Business and Financial Results for 2Q 2011 on the 18 August 2011. The results will be uploaded on the Investor Relations section of Masterskill website after 6.00 pm on the same day for your reference.
We strongly believe you will be a long term shareholder of Masterskill to enjoy the returns and benefit.
Any further queries do contact me.
T.Brahmananthan
Vice President
Investor Relations
Masterskill Education Group Berhad (MEGB)
Tel : 03 9080 5888 ext 202
Mobile : 019 281 3317