Monday, January 21, 2013

Bought more Redtone - 21 January 2013

It's been a long while since we last saw a steep dive in KLCI.  It was very unfortunate for me to make a purchase right before the huge dive.  News media are reporting that the huge dive is mainly caused by uncertainty in the coming general election, which is slated to be around Feb or Mar.

Seeing the huge discount in some of the counters in my watchlist, I decided to top up Redtone @ 0.40.  This is the time which many have been waiting for.

I will continue to collect more in phases if market continue to drop.  Based on historical data, one may be looking at a correction of 10-15% from the high of 1700.

Bought YTLPOWR-WB - 21 January 2013

After over a week of monitoring YTLPower, I have decided it is time for an entry.  I just bought YTLPOWR-WB @ 0.435 since the warrant is going at almost 0 premium against its mother share.  Furthermore, the expiry date of the warrant is still over 5 years from now, November 2018.

There has been speculation in the market that YTL Corporation may privatize YTL Power.  If this rumour becomes true, we will see a rally in the YTLPower share, and thus its warrant as well.  The yield for the warrant would be higher and the capital needed for investment required is much lower.  The only downside from investing in the warrant is that one will not be receiving any dividend.

Saturday, January 19, 2013

Sold TWS - 18 January 2013

I finally sold TWS @ 9.07 yesterday but didn't manage to post the update as I had to head out and didn't return home until now.  The decision was made mainly from the uncertainty and lack of news on the privatization.  Since it is nearing my 2nd batch of purchase entry point, I decided it's time to let go.

My first TWS entry was on November 2010 @ 3.97, while second entry was on August 2011 @ 9.09.  As you can see, my gain from the first entry is about 128% while almost breakeven from my second entry price.  TWS was one of my best investment in 2011. 

Over the 2+ years of holding on to TWS, I received several dividends by TWS, about 4 times since my initial purchase.  Although the dividend yield is not high, but still the amount is quite substantial.

The hunt for TWS replacement is on-going and do share with me if you think you found a TWS replacement :)

Happy Investing !

Friday, January 18, 2013

Received Supermx Dividend - 18 January 2013

Despite the fact that I have sold off Supermx, I received a tax exempt dividend of 2 cents per share today.  This is the second dividend I received in 2013.

A good start for the year. HUAT AH !

Friday, January 11, 2013

Received Mudajaya Dividend - 11 January 2013

Received Mudajaya's 2nd interim dividend of 2.5cents today.  Hoping for more dividend in coming months.

Monday, January 7, 2013

Bought more Redtone - 7 January 2013

Just accumulated more Redtone @ 0.405 and I'm seeing stronger interest in the stock in anticipation of a better quarter release in mid January.

Sold Supermx - 7 January 2013

For the last 3 trading days, Supermx stock appreciate from 1.95 to 2.05.  Seeing the lack of growth in this stock, I have decided to dispose Supermx at a minimum loss , around 5%, and reinvest it when opportunity comes.  My average entry price is 2.15.

Thursday, January 3, 2013

Bought Redtone - 3 January 2013

In all the excitement today, I almost forgot to post that I have bought Redtone @ 0.40 in the last trading hour of today, 3rd January.  Redtone has its financial improve significantly and constant major shareholders accumulation is a good sign that Redtone is poised to perform better in coming quarters.

Tuesday, January 1, 2013

Portfolio Performance as of 31 December 2012

Stock Purchase Date Selling Date Purchase Price Selling Price Current Price % Gain/Loss
Mudajaya 27-Aug-10
2.63 -14.47
Mudajaya 13-Jul-11
2.63 -21.38
Supermx 17-Sep-10
1.94 -9.77
Tws 23-Nov-10
8.94 125.19
Tws 22-Aug-11
8.94 -1.65
Huayang 1-Dec-10
1.62 127.37
Huayang 20-Oct-11
1.62 33.33
Gunung 23-Dec-10 10-Jul-12 0.765 0.745
Pjdev-wc 25-Jan-11
0.15 -50.82
Glomac 24-Feb-11 12-Dec-12 0.86 0.82
Pantech-wa 28-Feb-11
0.21 -35.38
Mbsb-wa 5-Aug-11 3-Feb-12 0.705 1.3
Digista 18-Oct-11
0.305 -24.69
IHH 11-Jul-12 19-Oct-12 2.85 3.2
Tambun 5-Jul-12
0.755 30.17

Overall, I did not do a lot of trades in 2012 due to overly cautious.  However, several of my trades has a good yield, especially for MBSB-WA and Huayang.   On the other hand, my biggest disappointment is on Digistar, which rose to 50% profit to 24% lost.  TWS did not do well either in 2012.  It's profit drop significantly, drag by TWS Plantation due to big price fall in CPO price.

In 2012, I tried my luck on several IPOs and was successful in the IHH application.  Due to the upcoming General Election, I have decided to increase my cash holding as can be seen through my sellings and waiting for the right time to go in.

All the best to everyone in 2013 and Happy New Year !

Edited on Jan-2 : Correction on IHH Purchase Date