Lynas Corporation - Rare Earths Radiation Concerns in Malaysia - ASX

Lynas Corporation - ASX - COT Proxy

This will be the first time I am covering stocks on the Australian Stock Exchange (ASX). How could I have not covered them all this while?

Let's take a look at Lynas Corporation. This is an interesting company. Just a little background, this is actually a mine to market integrated rare earths mining company in Australia. Their mine is in Mount Weld, Western Australia. Their processing plant where they refine the rare earths deposits is in Gebeng, Kuantan - Malaysia.

The locals and opposition parties are rallying (they call themselves the "Green Movement") against the plant which is also called the Advanced Materials Processing Plant because of the emission of radiation into the environment. The plant promises to be one of the biggest plants in the world to process rare earths outside of China. This will serve to break the monopoly of the Chinese for these rare earths.

The commercials aka big boys are net short since 17 September 2011. Probably they knew that the project will meet some kind of stiff resistance hence the short. 

Tianma Microelectronics - Shenzhen Stock Exchange - SZSE

Tianma Microelectronics - Shenzhen Stock Exchange - SZSE

We shall look at this Shenzhen listed stock in China. They are involved in the design and manufacturing of LCD and LCM products. Commercials are still short on this one. What is happening in the LCD market? Just heard that Samsung is going to spin off its LCD business? Probably competition from Chinese companies like this force them to do so.

Osim - SGX

Osim - SGX - COT Proxy

I would define this company as a value-added health product. Need massage chairs, belly vibrators? Think Osim. The commercials are moving into being net long and prices are moving higher. Time to go U-Long?

Cosco Corporation - SGX

Cosco Corporation - SGX - COT Proxy

Cosco is involved in marine engineering and dry bulk shipping. Prices are edging higher from the low in November 2011. Will the optimism in the economy lift marine and shipping stocks? Usually these industries are used as a barometer for the economy as a whole. The commercials are still net short however their numbers are decreasing. Waiting for the time for them to be net long. But do take note that the commercials can come late into the game!

Biosensors International Ltd - SGX - Medical Technology

Biosensors International Ltd - SGX - COT Proxy

A high-flying medical technology company that develops and manufactures medical devices. COT Proxy was heading down somewhere in August and became net long in September 2011 and it is continuing its rise up.

Read in the SME (Small and Medium Enterprise) magazine published by the Straits Times that the company is holding some medical patents. Probably this will be a cash cow for the company. Have not read the full prospectus/annual review and I can't comment much on this. But what I do know is that it is in an uptrend!

Interesting Start to 2012

Been away for a couple of weeks on a business trip and this will be the first post for Feb 2012. What a start it has been for 2012! Stocks are doing well even though the Eurozone problems are still far from over. We can see that the bottom was made in October 2011 last year if stocks are continuing to head up.

Let's start off with stocks from Singapore Exchange - SGX!