Mudajaya announced Bonus Issue 1 for 3

Mudajaya has just made an announcement that it is doing a bonus issue of 1 bonus share for every 3 existing shares held.  In other words, if you owned 3000 units of Mudajaya today, on the ex-date, you are given additional 1000 unit.  The details as below :

Entitlement Date : 18/07/2011
EX Date : 14/07/2011

Portfolio Performance as of Q2 2011

First half of 2011 has ended and the market is now moving on into Q3 bracket.  Below is a recap of my portfolio as of 1st July 2011.  Only a small movement between April till June 2011.  TWS remained the star in my portfolio whereas the weakest performing stock is Supermax.

Stock	Purchase Date	Selling Date	Purchase Price	Selling Price	Current Price	% Gain/Loss
Mitra	26-Apr-10	17-Jan-11	1.2	1.87		55.83
Bjcorp	18-Aug-10	25-May-11	1.03	1.17		13.59
Fajar-wa	25-Aug-10	10-Jan-11	0.52	0.79		51.92
Mudajaya	27-Aug-10		4.1		4.47	9.02
Supermx	17-Sep-10		4.305		3.72	-13.59
Alam	23-Nov-10	17-Jan-11	1.15	1.18		2.6
Tws	23-Nov-10		3.97		10.44	162.97
P&O	1-Dec-10		0.775		0.79	1.94
Huayang	1-Dec-10		0.95		1.58	66.32
Mbmr	22-Dec-10		3.35		3.21	-4.2
Gunung	23-Dec-10		0.765		0.72	-5.88
Pjdev-wc	25-Jan-11		0.305		0.27	-11.48
Tambun	11-Feb-11		0.705		0.77	9.22
Glomac	24-Feb-11		1.72		1.83	6.4
Pantech-wa	28-Feb-11		0.325		0.29	-10.77
APM	22-Apr-11		5		4.81	-3.8

* Note:  The above do not include any price adjustment due to dividend payout.

Tambun declared a 4.6sen dividend

Tambun Indah, one of the latest property IPO based in Penang, announced its first dividend of 4.6sen, keeping its promises.  This was indeed a surprise and with the current price of 0.73, that would means a dividend yield of 6.3%.  Bear in mind that this is just an interim dividend.  In other words, expect more dividends in coming quarters.  At the price of 0.73, this property share is deemed attractive as it is only trading at a single digit PE ratio.

Entitlement Date : 15/08/2011
EX Date : 11/08/2011
Payment Date : 07/09/2011
Dividend : Single Tier Interim Dividend of 4.6 sen

With this dividend announcement, this stock may have gotten a bigger pool of investors and may helped in pushing its share price higher in coming days.  Happy days is coming.

TWS released its Q1 earnings result

The wait is over.  TWS has just released its first quarter, Q1, earnings result.  It reported an increased of revenue of 1.46b compared to previous years Q1 which generated a revenue of 1.3b.  The reported net profit was 89.9m, translating to a 31.03 eps.  It's a great start for a first quarter !

And the best of all, it announced a 20c dividend ! TWS stock price remained above RM10 and I am confident it will continue to rise in the next 6-12 months.

Sold BJCorp today, 25th May 2011

After many months and days of trying to sell off BJCorp, it finally matched today.  BJCorp is one of the least performing stock that I owned and am glad that I've finally had it disposed.   My entry price was 1.03 and sold it off @ 1.17, which equates to a 14c or a 13.6% gross profit.

The hunt for new potential investment is on.  Stay tune !

TWS broken its RM 10 resistance and continue to surge

In the last 4 trading days, TWS is in the spotlight.  It ended at top spot in Top Gainers for 4 consecutive days without failed.  That's an amazing performance.   The stock price rise continuously from 8.04 to now 10.28, that is over 25% growth in just 4 to 5 days.  Simply spectacular I would say.

One of the group's subsidiary, TWS Plantation (TWSPLNT) has also been following TWS closely behind.  Rising from 3.15 to 3.82, over 20% growth in the last few days.  This is not a mere speculation but supported by today's released quarter earnings.   TWS Plantation reported a net profit of 48.628m, an increased of 94.96% from previous year first quarter.  That translates to 7.73 eps.  Very strong first quarter.

Usually TWS quarter earning report will follow shortly.  One can expect similar or better result for TWS.  So, let's wait the good news !

When there is nothing to do, do nothing !

It's been a while since my last postings.  My recent inactivity in both blogging space and trading space is mainly attributed to the recent negative market sentiment.  In the past couple of weeks, the overall volume has dropped dramatically and majority of stock in KLSE trades with little volume.  In general, the buying power seems to have gone away.  Since the lackluster performance in the market, why not spend some time away from the market and do something we all enjoy in, vacation !  I just spent a few days in Ipoh and planning another short trip within Malaysia soon.  So, when there is nothing to do in market, do nothing.  For those who still have money in hand meant for investment, it is a good time to accumulate those fundamentally strong share. 

Good luck !