After a series of unsuccessful IPO application, my luck finally turn. IHH debut today in KLSE with a mild gain but slowly gaining momentum on the first half of trading day. At current price, it represents some 10% of return. I believe IHH will continue its uptrend and as such, I intend to hold on to it.
Richard's Investment in US & Malaysia Stock Market. The aim is to share the ins & outs of stocks in stock market to generate additional income for non professional investors.
Wednesday, July 25, 2012
Tuesday, July 10, 2012
Sold Gunung - 10th July 2012
Decided to sell Gunung today as there is some acitivity on the stock. Although I sold it at a slight loss, I have gotten several dividend during the holdings. Essentially, it's break even. Nevertheless, I feel the upside is limited and decided to take the opportunity to liquidate it while it still has volume. Sold Gunung at 0.745.
Thursday, July 5, 2012
Bought Tambun - 5th July 2012
After many months of waiting, I finally bought Tambun @ 0.58 today. By buying now, I still entitle for the dividend. I decided to re-enter Tambun due to potential growth on the stock as it is still low in P/E and the boss continues to buy heavily at current price.
Monday, July 2, 2012
3rd Dividend Received in June - Supermax
Received an email notification on the 28th of June that dividend of Supermax has been deposited into my account. The dividend was declared on 28th of February for a 3.5% tax exempt, translating to a 1.75cent per share.
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