Wednesday, July 25, 2012

IHH IPO Application - Successful ... at last

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.

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.