Sold MBMR today - 17th October 2011

Finally manage to dispose my MBMR @ 3.00 each.   Unfortunately, it is sold at a minor lost after deducting previous dividend payments.  My average entry price for MBMR back in December 2010 was 3.35.  After some 10 months of holding, the stock price has weaken somewhat by mostly the August plunge.  However, my decision was based on its previous few quarter earnings which in my opinion is a little disappointing, not much of a profit growth, in fact, some profit contraction.

In betweem these months. MBMR declared a 8cents dividend in March and another 6cents in September, which total a 14cents of dividend.  After deducting the dividends, my losses from this stock investment is only approximately 5% which I feel is very minimum.

Received 2nd dividend for MBMR

Just checked my email and found a notification email of e-dividend that my MBMR dividend has been credited into my account.  This is the second MBMR dividend and also the second dividend I received in September.  The second MBMR dividend amounted to 6cents for every share held.  Previous MBMR dividend amounted to 8cents for every share held.  This translates to a total of 14cents dividend received thus far.

More dividends to come towards the end of September.

Another dividend received

I'm loving e-dividend more and more.  No more runs to the bank to get cheque deposited.  All is done for you and right on the day of payment.   This round, I get notified that my dividend for MBMR has been banked it.  Even though at current price, MBMR is at a paper loss,  I'm still confident on the share price in the longer run.

Huayang has been making a good rally since yesterday.  It managed to touch 1.20 this morning and ended the first half session at 1.19.  I'm still holding on to my Huayang for now.

More dividend on its way

MBMR just announced its 4th quarter result with a revenue of 390m and net income of 28.2m.  This translates to 11.64 eps for the 4th quarter.  Its full year eps stands at 58.27c.  At the current price of 3.22, its PE is only 5.5x (the lower the better).

MBMR is giving a total of 8c dividend, tax exempt.  Details as below :

Ex Date : 03/03/2011
Payment Date : 23/03/2011

A drastic drop seen in KLSE today. Will it affect you ?

KLSE closed first session in the negative of 15pts.  If you look at the Top Losers, it consists of mostly blue chips and financial stocks.  Most smaller caps stocks only suffers a minor drop and for some, have already regained its losses and tracking into green.

Look at how TWS performed.  There is a huge interest in TWS after the CNY breaks.  It has regained its year high, 8.03.  It is now trading at 7.85 and if you add in the dividend of 20c that went ex-date on 31-Jan-2011, that would equate to 8.05 !  TWS is expected to announce its 4th quarter earnings in early March.  Judging from its recent rally and higher volume traded, one can only expect to see another spectacular quarter earnings.

Touching on PJDEV-WC,  it too has gain significantly, over 20%, since my entry price at 0.305.  There seem to be a strong support at 0.37.  There is still much room for it to continue climb.

Finally, MBMR, she has been in the slumber mode for a while now.  However, she has shown some recent activity of wanting to wake up.  EPF has started acquiring MBMR and that is very positive for all MBMR shareholders.

Bought more MBMR today - 23rd December 2010

At the very last 20 minutes before KLSE closed, I punched in a queue to buy for MBMR @ 3.34. Yes, I intend to accumulate more of this stock as the fundamental of this stock is too strong for it not to go up. I didn't manage to check my order status until I reached home and found out my order were fully matched !

TWS continue to rally today and I'm still holding it tight. Today's surprise is Adventa, which hit a limit-up. There's a rumour in circulation that there might be a possible buyout by another company. Unfortunately, Supermx failed to hold on to its gain. Nevertheless, if the rumours turns out to be true, we can expect to see a rally in rubber sector, which Supermx will eventually stand to benefit from.

Bought MBMR today - 22nd December 2010

After many days of queuing to buy, my queue finally matched at 3.36. MBMR which involved in car manufacturing has a steady profit and lately been a hot stock as it was covered by several famous bloggers.

There is also a rumour on Bonus Issue that will happened very soon. Seeing the growth potential in this company, I feel it's a safe investment.

Also in the last couple of days, TWS and Mudajaya continue to gain ground. TWS is almost unstoppable. Its stock price continue to climb, reaching a high of 6.50 today. Cheers to those who bought in TWS together with me.