Bought BJCorp today - 18 Aug 2010

Finally, after a week long of queuing to buy BJCorp, it has finally matched @ 1.03.  There is a strong support at 1.03.  There is little downside risks in my humble opinion.  Goldman Sachs has a big stake in BJCorp and so does the owner himself, Vincent Tan.  Doubt they will let it fail.

I'm still looking at a few other counters.  Will post here if I manage to get in.

Talk a bit on overall KLSE market.  The Genting effect is starting to wear off.  It's T+3 day after all.  Supermx suffers a 21c, ending at 5.51.  The rubber sector seemed to have cool off.  The rise in Ringgit currency has affected in the rubber companies bottomline.  Even though Hartalega (Harta) is announcing a bonus issue of 2:1 and a dividend of 5c, the stock remained relatively expensive to enter now.  It's out of my radar at the moment.

DJ down but manage to recover from its low

Last night drop at the opening bell of DJ signals a cautious market towards the economic outlook.  Nevertheless, DJ manage a pretty good recovery from its dip in the early hours.

There are several counters that i'm eyeing and hoping it reaches my target entry price.  I will blog it up when i make a position on those companies.

KLSE didn't do so well in the morning.  However, the current trend seems to be pointing at Red chips, China shoemaker companies.  Xinquan had a very nice stock price increased.  Now seems to be Multi Sports (MSPORTS) turn.  It gained some 10% from it's opening price yesterday and another 10% from today's opening price as at the end of morning session.  The question is do you dare to gamble on it ?

My first post

Hi Everyone !
I've been in stock market investment for almost a decade now.  I had to admit that I had a rough start, quite a sumful lesson fee I must say.  I never give up though.  The interest is there and I still aim to earn extra cash from the market.  So here I am and see if I'm able to make some profit by end of 2010.

Some facts about me.  I have never attended any formal training in investment.  I learned through mostly experience and reading.  I heavily rely on Fundamental Analysis (FA) method.  Technical Analysis (TA) method is just not my type.

More facts about me.  I suffers from a condition which commonly known as Retinitis Pigmentosa.  It's basically an eye condition whereby I will become blind as I age.  Hence, the need to earn extra cash now and saving for that day is crucial for me.

That's all I have to say for now.  Wish me luck in my quest to earn some extra income from the local market.