I have just sold my mbsb-wa @ 1.30 for a handsome 84% profit. It has gone beyond my target price, as such, I'm pretty happy with how it ends. My average entry price was at 0.705. The market has been bullish since end of last year up until now. I intend to take the opportunity to realize my profit and wait for the next opportunity to enter the market. The objective now is to raise capital and be ready for the day to come.
Showing posts with label MBSB-WA. Show all posts
Showing posts with label MBSB-WA. Show all posts
Friday, February 3, 2012
Thursday, January 19, 2012
Gong Xi Fa Chai - Welcoming the Year of the Dragon
The last 30 days has been filled with much festive mood, going from Christmas, to New Year and now Chinese New Year. The overall market has been pretty upbeat as well with Dow Jones reaching 12,500 points while KLSE staying above 1500. The quarter earnings release month has also just started.
Just released last night, HuaYang did it again with another fantastic quarter. The stock price has been steadily on the uptrend since it has received a Buy call from investment banks. I am still holding dearly to my HuaYang.
Another stock that has been rising rapidly is MBSB. My current paper gain on the stock, MBSB-WA, has surpassed the 50% mark. MBSB is due to release its quarter earnings in February.
I would like to take this opportunity to wish everyone a very Happy Chinese New Year & Happy Holidays. Drive safely and be a good investor. HUAT AH !
Just released last night, HuaYang did it again with another fantastic quarter. The stock price has been steadily on the uptrend since it has received a Buy call from investment banks. I am still holding dearly to my HuaYang.
Another stock that has been rising rapidly is MBSB. My current paper gain on the stock, MBSB-WA, has surpassed the 50% mark. MBSB is due to release its quarter earnings in February.
I would like to take this opportunity to wish everyone a very Happy Chinese New Year & Happy Holidays. Drive safely and be a good investor. HUAT AH !
Friday, August 19, 2011
Bought more MBSB-WA, 19th August 2011
The early morning DJIA plunge of 400+pts did not truly reflect in today's KLSE first session. Despite the index drop by 18pts, there is no sign of panic selling. In fact, there are quite a lot of buying activities. I think investors are disappointed and had to settle for a small discount.
Without knowing the market direction, I decided to top up my MBSB-WA @ 0.65, and that brings my entry price to 0.695. The MBSB fundamental are strong and the last 2 quarters registered strong growth in earnings. If MBSB continue to report strong earnings in next quarter, the stock price are bound to surge.
Another comment I wish to make is that I do not usually like the idea of posting market news and sentiment. Those are all reasons, excuses and after effects to the market. If a stock is fundamentally strong, whatever losses from the stock price will rebound back easily when the stock market recovers. This is actually a good time for me to reflect and make adjustment or swapping to enhance my stock portfolio.
Without knowing the market direction, I decided to top up my MBSB-WA @ 0.65, and that brings my entry price to 0.695. The MBSB fundamental are strong and the last 2 quarters registered strong growth in earnings. If MBSB continue to report strong earnings in next quarter, the stock price are bound to surge.
Another comment I wish to make is that I do not usually like the idea of posting market news and sentiment. Those are all reasons, excuses and after effects to the market. If a stock is fundamentally strong, whatever losses from the stock price will rebound back easily when the stock market recovers. This is actually a good time for me to reflect and make adjustment or swapping to enhance my stock portfolio.
Friday, August 5, 2011
Bought MBSB-WA - 5th August 2011
The selling pressure continues. Took the opportunity to buy in MBSB-WA @ 0.74. The warrant will expire in 2016, still about 5 years away. The mother share, MBSB, just reported a very strong quarter earnings. The PE is very low. If MBSB continues to report such strong quarters, the share will definitely continue to surge.
Subscribe to:
Posts (Atom)