After many days of monitoring, I feel it's time I let go Alam and it got matched fully this morning @ 1.18. My entry price is 1.15, basically in profit territory but I'll just considered it as break-even.
In case you are wondering why I sold my Alam, the main reason is its latest quarter earnings which is a huge disappointment. Since there is no further announcement on any good news, I have decided to drop Alam and re-invest into other better fundamental stocks.
Chinese New Year is approaching and historically speaking, there is some mild correction during this festival. I've been taking profit on some stocks and looking to reinvest them when opportunity arises.
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.
Friday, December 31, 2010
2010 in Summary and Happy New Year !
Yesterday was the last trading day in KLSE since our PM announced 31st December 2010 is a public holiday. Below is a summary of my portfolio performance which I covered since the beginning of this blog.
* The above did not include dividend payout
Happy New Year !
| Stock | Purchase Date | Selling Date | Purchase Price | Selling Price | Current Price | % Gain/Loss |
| Kfima | 12-Jun-09 | 22-Sep-10 | 0.695 | 1.15 | 65.47 | |
| Maxis | 19-Nov-09 | 14-Sep-10 | 4.75 | 5.405 | 13.79 | |
| Scomimr | 23-Dec-09 | 20-Dec-10 | 0.4375 | 0.585 | 33.71 | |
| Mitra | 26-Apr-10 | 1.2 | 1.21 | 0.83 | ||
| Insas | 12-Aug-10 | 14-Dec-10 | 0.5 | 0.57 | 14.00 | |
| Bjcorp | 18-Aug-10 | 1.03 | 1.09 | 5.83 | ||
| Fajar-wa | 25-Aug-10 | 0.52 | 0.755 | 45.19 | ||
| Mudajaya | 27-Aug-10 | 4.1 | 4.4 | 7.32 | ||
| Supermx | 17-Sep-10 | 4.305 | 4.03 | -6.39 | ||
| Alam | 23-Nov-10 | 1.15 | 1.00 | -13.04 | ||
| Tws | 23-Nov-10 | 3.97 | 6.72 | 69.27 | ||
| P&O | 1-Dec-10 | 0.775 | 0.9 | 16.13 | ||
| Huayang | 1-Dec-10 | 0.95 | 0.99 | 4.21 | ||
| Mbmr | 22-Dec-10 | 3.35 | 3.36 | 0.30 | ||
| Gunung | 23-Dec-10 | 0.765 | 0.805 | 5.23 |
* The above did not include dividend payout
Happy New Year !
Thursday, December 23, 2010
Bought more MBMR today - 23rd December 2010
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.
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.
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.
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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