Another order got matched immediately, Glomac @ 1.72. In fact, due to network lag, it got double matched, means I bought double the volume of my original intention. Will try to contra off whenever opportunity arises.
Why Glomac ?
1. Low PE
2. The boss is actively buying
3. Growth
Thursday, February 24, 2011
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%)
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%)
Wednesday, February 23, 2011
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.
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.
Friday, February 18, 2011
Mudajaya Released 4th Quarter Result
Mudajaya just released its 4th quarter result and I must say it's another good quarter for Mudajaya. Revenue comes in at 230M for current quarter and for the whole year, it generated 869M. The net income for the quarter came in at 57M, highest reported net income in all 4 quarters, translating to a 13.96 eps. The annualized eps came in at 50.96. Very nice. With today's closing stock price of Mudajaya at 5.12, that equates to about 10x PE and that's a very good number. Mudajaya is also proposing a 3c dividend for its shareholder. So more dividend coming soon.
One can expect more companies reporting great result next week. Might take this opportunity to realize my gain. I'm excited in the coming weeks, don't you ?
One can expect more companies reporting great result next week. Might take this opportunity to realize my gain. I'm excited in the coming weeks, don't you ?
Thursday, February 17, 2011
More dividend on its way
MBMR just announced its 4th quarter result with a revenue of 390m and net income of 28.2m. This translates to 11.64 eps for the 4th quarter. Its full year eps stands at 58.27c. At the current price of 3.22, its PE is only 5.5x (the lower the better).
MBMR is giving a total of 8c dividend, tax exempt. Details as below :
Ex Date : 03/03/2011
Payment Date : 23/03/2011
MBMR is giving a total of 8c dividend, tax exempt. Details as below :
Ex Date : 03/03/2011
Payment Date : 23/03/2011
Friday, February 11, 2011
Bought Tambun today - 11th Feb 2011
Finally, one of my buy order matched. Bought Tambun @ 0.705. The IPO price for Tambun is at 0.70. The lowest it gets was 0.68. With low PE and a promising dividend policy, Tambun should be a good investment for medium term. Enough said, back to monitoring for last few minutes of trading activities to see if I got lucky again.
Edit: Corrected date, should be 11th instead of 10th.
Edit: Corrected date, should be 11th instead of 10th.
Thursday, February 10, 2011
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.
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.
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