Thursday, July 21, 2011

Bumi Armada, debut with a bang

Bumi Armada (ARMADA) is listed on Bursa for the first day today, 21st July 2011, with a starting price of 3.65.  Initially, the IPO was priced at 3.15 per share, but it was later adjusted to 3.03 for retailers.  The 0.12 difference will be refunded to their bank account for those who are successful in applying for the IPO.

It recorded over 3 million lots exchange hands on its first day of listing.  Similar to previous few big IPOs, including PChem, MSM & MHB, there is a huge interest in the share from various investors.  The stock price increased steadily throughout the day and closed at a record 4.14, a gain of 1.11 from the IPO price.  The highest price of the day is 4.15, only 0.01 higher than the closing price.

Tomorrow is the last trading day for the week.   Volume for Armada is expected to be strong and it is very likely that the stock price to continue on its uptrend.  I personally still holding on to my Armada shares and will post it as soon as I decided to lock in my profit.  Hooray to Armada !

Thursday, July 14, 2011

Huayang proposed Bonus Issue

Huayang, reported a superb 1Q earnings today, 61.75m in revenue with a net profit of 11.48m or 10.63 cents.  That is an increased of 133.81% over last year's Q1.  Huayang is definitely on the right track and that explains the recent interest in its share.

At the same time, Huayang also proposed for a 1-for-3 bonus issue.  That will definitely gain additional interest from investors and thus pushing the share price higher.  Hurray to Huayang !

Wednesday, July 13, 2011

Finally a successful IPO application

After so many attempts in IPO application, there is finally one that I successfully applied for, Bumi Armada.  One of the biggest IPO this year.  The listing date is on the 21st of July, a week from now.  Hopefully it will be a great debut.

Bought Mudajaya today, 13 July 2011

Just bought Mudajaya @ 4.46, just to make sure I don't get odd lots after bonus issue, which will ex tomorrow, July 14th.

Huayang had a sudden surge, reaching 1.75 today. Very nice and I'm still holding on to my Huayang.
Another side updates.  TWS latest dividend of 20c went ex yesterday.

Monday, July 4, 2011

Mudajaya announced Bonus Issue 1 for 3

Mudajaya has just made an announcement that it is doing a bonus issue of 1 bonus share for every 3 existing shares held.  In other words, if you owned 3000 units of Mudajaya today, on the ex-date, you are given additional 1000 unit.  The details as below :

Entitlement Date : 18/07/2011
EX Date : 14/07/2011

Sunday, July 3, 2011

Portfolio Performance as of Q2 2011

First half of 2011 has ended and the market is now moving on into Q3 bracket.  Below is a recap of my portfolio as of 1st July 2011.  Only a small movement between April till June 2011.  TWS remained the star in my portfolio whereas the weakest performing stock is Supermax.

Stock Purchase Date Selling Date Purchase Price Selling Price Current Price % Gain/Loss
Mitra 26-Apr-10 17-Jan-11 1.2 1.87   55.83
Bjcorp 18-Aug-10 25-May-11 1.03 1.17   13.59
Fajar-wa 25-Aug-10 10-Jan-11 0.52 0.79   51.92
Mudajaya 27-Aug-10   4.1   4.47 9.02
Supermx 17-Sep-10   4.305   3.72 -13.59
Alam 23-Nov-10 17-Jan-11 1.15 1.18   2.6
Tws 23-Nov-10   3.97   10.44 162.97
P&O 1-Dec-10   0.775   0.79 1.94
Huayang 1-Dec-10   0.95   1.58 66.32
Mbmr 22-Dec-10   3.35   3.21 -4.2
Gunung 23-Dec-10   0.765   0.72 -5.88
Pjdev-wc 25-Jan-11   0.305   0.27 -11.48
Tambun 11-Feb-11   0.705   0.77 9.22
Glomac 24-Feb-11   1.72   1.83 6.4
Pantech-wa 28-Feb-11   0.325   0.29 -10.77
APM 22-Apr-11   5   4.81 -3.8

* Note:  The above do not include any price adjustment due to dividend payout.