Monday, May 30, 2011

TWS released its Q1 earnings result

The wait is over.  TWS has just released its first quarter, Q1, earnings result.  It reported an increased of revenue of 1.46b compared to previous years Q1 which generated a revenue of 1.3b.  The reported net profit was 89.9m, translating to a 31.03 eps.  It's a great start for a first quarter !

And the best of all, it announced a 20c dividend ! TWS stock price remained above RM10 and I am confident it will continue to rise in the next 6-12 months.

Wednesday, May 25, 2011

Sold BJCorp today, 25th May 2011

After many months and days of trying to sell off BJCorp, it finally matched today.  BJCorp is one of the least performing stock that I owned and am glad that I've finally had it disposed.   My entry price was 1.03 and sold it off @ 1.17, which equates to a 14c or a 13.6% gross profit.

The hunt for new potential investment is on.  Stay tune !

Thursday, May 19, 2011

TWS broken its RM 10 resistance and continue to surge

In the last 4 trading days, TWS is in the spotlight.  It ended at top spot in Top Gainers for 4 consecutive days without failed.  That's an amazing performance.   The stock price rise continuously from 8.04 to now 10.28, that is over 25% growth in just 4 to 5 days.  Simply spectacular I would say.

One of the group's subsidiary, TWS Plantation (TWSPLNT) has also been following TWS closely behind.  Rising from 3.15 to 3.82, over 20% growth in the last few days.  This is not a mere speculation but supported by today's released quarter earnings.   TWS Plantation reported a net profit of 48.628m, an increased of 94.96% from previous year first quarter.  That translates to 7.73 eps.  Very strong first quarter.

Usually TWS quarter earning report will follow shortly.  One can expect similar or better result for TWS.  So, let's wait the good news !

Thursday, May 12, 2011

When there is nothing to do, do nothing !

It's been a while since my last postings.  My recent inactivity in both blogging space and trading space is mainly attributed to the recent negative market sentiment.  In the past couple of weeks, the overall volume has dropped dramatically and majority of stock in KLSE trades with little volume.  In general, the buying power seems to have gone away.  Since the lackluster performance in the market, why not spend some time away from the market and do something we all enjoy in, vacation !  I just spent a few days in Ipoh and planning another short trip within Malaysia soon.  So, when there is nothing to do in market, do nothing.  For those who still have money in hand meant for investment, it is a good time to accumulate those fundamentally strong share. 

Good luck !