Nice comeback from Mitra after almost a week of profit taking. Took the opportunity to sell off Mitra @ 1.87. My entry price for Mitra is 1.20 and had it since April 2010. About 9 months of holding and it gave me a gross profit of 56% without including dividend. Another nice gain from my last year entries besides Fajar-wa.
Speaking of profit, look at TWS. It touches 8.00 this morning and still hovering well at 7.9x. Based on the current price, my paper gain is now almost 100%. My best performing stock so far and I'm still holding on to it !
Richard's Investment in US & Malaysia Stock Market. The aim is to share the ins & outs of stocks in stock market to generate additional income for non professional investors.
Showing posts with label fajar-wa. Show all posts
Showing posts with label fajar-wa. Show all posts
Monday, January 17, 2011
Monday, January 10, 2011
I sold Fajar-wa @ 0.79 today, 10th January 2011
My first transaction in 2011. My order were fully matched right before the closing of the first session. Sold my entire holdings of Fajar-wa for 0.79, translating to a gross profit of almost 52%. My entry price was 0.52 on 23rd August 2010.
Another counter I'm still holding is reaching 50% gross profit as well. That counter is Mitra. It recently caught the attention of a few investment institutions, including CIMB which gave it a target price of RM3.30. Well, I'm not as optimistic as CIMB but nevertheless I'm happy that Mitra's price is surging.
Another counter I'm still holding is reaching 50% gross profit as well. That counter is Mitra. It recently caught the attention of a few investment institutions, including CIMB which gave it a target price of RM3.30. Well, I'm not as optimistic as CIMB but nevertheless I'm happy that Mitra's price is surging.
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