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.
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.
Thursday, December 23, 2010
Bought Gunung today - 23rd December 2010
Just bought Gunung @ 0.765. One of the major shareholder of Gunung has been buying constantly in quite a sizable quantity. Moreover, the latest quarterly earning is extremely good. Although I did not dived into the details, the strong support by the owner gave me a good impression on the growth potential of Gunung.
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Gunung
Wednesday, December 22, 2010
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.
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.
Monday, December 20, 2010
Sold Scomimr @ 0.585 today - 20th December 2010
Just sold all my holdings on Scomi Marine (scomimr) @ 0.585. My average entry price is at 0.445. Thus, my gross profit is 31%. In case you are wondering when I first bought my Scomimr, it's almost exactly a year ago, 23rd December 2009.
The rally of Scomimr recently is mainly driven by the sales of its 4 main business that raised some RM585M in cash. Earlier this year, there is an article speculating that Scomimr may purchase a new business or return the cash in hand to investor in the form of capital repayment.
Nevertheless, I've achieved my intended target for this stock and I feel it's time for me to reinvest into another potential stock. Stay tune for my next purchase !
The rally of Scomimr recently is mainly driven by the sales of its 4 main business that raised some RM585M in cash. Earlier this year, there is an article speculating that Scomimr may purchase a new business or return the cash in hand to investor in the form of capital repayment.
Nevertheless, I've achieved my intended target for this stock and I feel it's time for me to reinvest into another potential stock. Stay tune for my next purchase !
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scomimr
Tuesday, December 14, 2010
Sold Insas @ 0.57 today - 14th December 2010
I just sold my Insas @ 0.57, which I hold since 12th August 2010. Seeing the upside is pretty limited despite the increased volume and share buybacks, I decided to take profit on Insas and reinvest in another counter. The gross profit from Insas stood at 14%.
Touching a little on TWS. Since my entry on TWS last month, it has risen rapidly and hitting a high of 5.80. I'm still holding on this stock as I feel there is still much upside and good earnings to come.
On the NYSE, my Citigroup (C) is doing very well too. It has surpassed 4.80. Sweet !
Touching a little on TWS. Since my entry on TWS last month, it has risen rapidly and hitting a high of 5.80. I'm still holding on this stock as I feel there is still much upside and good earnings to come.
On the NYSE, my Citigroup (C) is doing very well too. It has surpassed 4.80. Sweet !
Thursday, December 2, 2010
Bought Huayang yesterday - 1st Dec 2010
Haha, I didn't realize my order for Huayang matched at the very last minute. Matched Huayang @ 0.95. Recently Huayang had a Bonus Issue exercise and since then this counter has dropped to below 1.00. The PE remains low and its earnings looks stable. This counter has potential for growth in my humble opinion.
KNM gone thru a consolidation of 4:1, meaning if you have 4000 units of KNM before today, it will become 1000 unit from today onwards. The stock price reflects its consolidation by opening at 2.08 this morning (0.52 x 4).
TWS continue to gain in stock price. There is still plenty of room to go up. Hold !
KNM gone thru a consolidation of 4:1, meaning if you have 4000 units of KNM before today, it will become 1000 unit from today onwards. The stock price reflects its consolidation by opening at 2.08 this morning (0.52 x 4).
TWS continue to gain in stock price. There is still plenty of room to go up. Hold !
Wednesday, December 1, 2010
Bought P&O today - 1st Dec 2010
P&O, a company that was in the talk of being acquired by a foreign insurance company but later cancel, has come down quite significantly since the days of talk being acquired. Seeing that it has dropped and the big boss in P&O is buying in bulk once more, my senses is telling me that something is cooking. Maybe another potential buyer is bidding on the company once more. Let's see how it goes. Oh, I almost forgot to mention my entry price, which is 0.775.
TWS is shooting up nicely after the superb quarterly earning annoucement last night. A few plantation stocks is on the move. The same goes for KSENG, which is also after quarterly announcement and Bonus Issue.
TWS is shooting up nicely after the superb quarterly earning annoucement last night. A few plantation stocks is on the move. The same goes for KSENG, which is also after quarterly announcement and Bonus Issue.
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