Wednesday, May 13, 2009

Bought Back MAYBANK

Bought back Maybank at RM5. Would likely hold this as longterm if market turn south. Playing with bluechip still give me sense of safety than exposing yourself on a much volatile 3rd liners or penny stocks.

19 comments:

Anonymous said...

Local market down but well absorb compared to other regional market down more than 2%.

Market future remain unpredictable, as there is no meaningful correction since runup in April for almost 20%. With first quater result fast approaching by end of May, the direction of index should be more clearer by then.

Anonymous said...

No trading in the morning session..

Anonymous said...

finally, market do make some serious correction, down 10pts.

Still waiting for right time and right price to re-enter market.

No trading today.

horse said...

the down still not very drastic as yet. TM up 2sen !!. real solid, looks like no chance to buy back.. unless market dip 50points...

Anonymous said...

Market today rebound, follow overnight US market. TM continue its uptrend, up another 6sen, likely will surpass RM4.00 soon!

horse said...

yea, look like surpassing RM4.00 is not a problem.
hng, u r not entering again? buy high sell higher...

horse said...

Sold all my ZHULIAN and swap them with HEKTAR...

Anonymous said...

I've enough with TM! being capitalize on TM several time and use of margin line + compunding effect, cumulative net profit margin already surpass more than 35%.

horse said...

all penny is being whack down now...

Anonymous said...

No trading today.

Reserve capital for next week bargain hunt..

Anonymous said...

Wow!, market down more than 13pts, support level 1000pts under threat now!

Time to bargain hunt...

Bought keladi at 14.5 -15.5sen.

Anonymous said...

Bought more keladi at 15sen, equity stake up to 35% in portfolio.

horse said...

keladi seem like your favorite...

Anonymous said...

Bought more keladi at 15.5sen. Increase further keladi stake from 35% to 70%..

Anonymous said...

Bought more keladi at 15.5sen, increase keladi stake by another 4.2% to 74.2%.

Market pare down loss, down merely 2.3pts following most Asian market rebound

horse said...

hng,
make ton of money again on keladi...wow...mkt up almost 10points.

Anonymous said...

Horse,

The main reason to buy keladi is its relatively strong fundamental; dividend yield; net cash position; liquidity and more importantly high margin spread.

This morning, sold small portion of keladi at 16sen, realize T+1 profit.

Portfolio still have about 64.6% stake.

horse said...

sold my MAYBANK at RM5.15

Anonymous said...

Sold more keladi at 16sen, realize more T+1 profit.

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