Sold remaining PJDEV-WC - 25 November 2016

Finally sold off the rest of PJDEV-WC that I've hold for years.  Sold all at 0.50.
Goodbye PJDEV-WC.

Sold PJDDEV-WC - 23 November 2016

So, the owner of OSK has succeeded in taking PJDev private.  He definitely stands to profit big time from it.  Seeing the lack of option, I have sold half of my PJDEV-WC  today at 0.50 each.  Although whatever I have left are all profits, it has dropped significantly from the peak of 1.20.  I have until next Monday to sell off the rest.

Sold PJDEV-WC - 31 July 2014

In the last 2 days, there is a lot of upward momentum in PJDEV-WC.  It reaches a high of 1.08 in this morning.  Seeing a weaken support, I have decided to sell a portion at 1.04, locking a profit of 200+%.

Bought more Pjdev-wc again today, 24th February 2011

Wow, major earthquake in KLSE today.  Huge sell down.  I view it as an opportunity to accumulate.  Pjdev-wc, which I continue to queue from early morning, not thinking it will actually match, eventually got matched after I came out of meeting at 4pm.  Again, I bought more Pjdev-wc at 0.305.  The lowest it hit was 0.295.  Think I have accumulate enough Pjdev-wc for now.

Other major markets are also suffering from the same selldown fate.
Hang Seng -305 (-1.34%)
BSE -447 (-2.46%)
Jakarta -43 (-1.26%)
Nikkei -126 (-1.19%)
STI -27 (-0.90%)

Bought more Pjdev-wc today, 23th February 2011

Just bought in more Pjdev-wc @ 0.305, same price as my previous entry.  It got matched when I was away for lunch. 

Just some comment on the KLSE market condition.  A very common question people would ask is why the market go down so much ? Is this a good entry price ? Is this a good price to sell ?

In my humble opinion, we as ordinary people, will not know of the answers for the above questions.  So, the best way to tackle these questions is to use fundamental analysis to reduce our investment risk (all investment comes with risk) and make the best judgment call out of it.  Buy at a price that you are comfortable with and the same goes for decision to sell.  One can never buy at the lowest and sell at the highest.  The most important is the ability to make profit out of it.  After all, our objective of investment is to make profit.

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 Pjdev-wc today, 25th January 2011

My order were fully matched at the very last minute of trading today.  Bought in Pjdev-wc @ 0.305.  I have been queuing for at least 2 weeks to finally get it at this price.  Pjdev-wc will only expires in 2020, which means there is plenty of time for it to go up.

KLSE bleed 15pts as at 4:45pm and my shopping begins :)