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 mitra. Show all posts
Showing posts with label mitra. 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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