Did you put your money at work ?
The Parable of the Talents (Matthew 25:14-30; Luke 19:12-28)
13 “Therefore stay alert, because you do not know the day or the hour.
14 For it is like a man going on a journey, who summoned his slaves and entrusted his property to them.
15 To one he gave five talents, to another two, and to another one, each according to his ability. Then he went on his journey.
16 The one who had received five talents went off right away and put his money to work and gained five more.
17 In the same way, the one who had two gained two more.
18 But the one who had received one talent went out and dug a hole in the ground and hid his master’s money in it.
19 After a long time, the master of those slaves came and settled his accounts with them.
20 The one who had received the five talents came and brought five more, saying, ‘Sir, you entrusted me with five talents. See, I have gained five more.’
21 His master answered, ‘Well done, good and faithful slave! You have been faithful in a few things. I will put you in charge of many things. Enter into the joy of your master.’
22 The one with the two talents also came and said, ‘Sir, you entrusted two talents to me. See, I have gained two more.’
23 His master answered, ‘Well done, good and faithful slave! You have been faithful with a few things. I will put you in charge of many things. Enter into the joy of your master.’
24 Then the one who had received the one talent came and said, ‘Sir, I knew that you were a hard man, harvesting where you did not sow, and gathering where you did not scatter seed,
25 so I was afraid, and I went and hid your talent in the ground. See, you have what is yours.’
26 But his master answered, ‘Evil and lazy slave! So you knew that I harvest where I didn’t sow and gather where I didn’t scatter?
27 Then you should have deposited my money with the bankers, and on my return I would have received my money back with interest!
28 Therefore take the talent from him and give it to the one who has ten.
29 For the one who has will be given more, and he will have more than enough. But the one who does not have, even what he has will be taken from him.
30 And throw that worthless slave into the outer darkness, where there will be weeping and gnashing of teeth’”
(Matthew 25:13-30). 271
38 comments:
This morning, start to accumulate both Genting and Genting Malaysia on weakness. Bought Genting at 6.69-6.77; bought GENM at 2.82-2.84
Core portfolio
OIB 59.8%
Ireka: 16.7%
Cheetah: 8.1%
Pintaras Jaya 3.1%
HingYiap 2.4%
Trading Portfolio
Genting 49.6% (average cost 6.74)
GENM 15.4% (average cost 2.83)
good choice hng,
i believe Genting & GENM is due for rebound.
I just added some Genting SP at 1.05 this morning. Will accumulate more if dip further.
KFima is one of 8 companies in Malaysia that made it to Forbes' Asia Top 200 Best Companies with Turnover of Under USD1 billion.
http://www.forbes.com/lists/2009/24/best-under-billion-09_Asias-200-Best-Under-A-Billion-Malaysia_3Company.html
Wow! Sold out all Genting at 6.82, realize few k intraday profit!! bought more GENM at 2.83.
As both Genting and GENM are high beta stocks, will continue to capitalize on their weakness and sell on strength. Don't intend to hold for too long as Festive season is fast approaching, trading volume likely to thinner further.
Kfima is one of best 200 Forbes' Asia Top 200 Best Companies, has further underscore its fundamental strong and consistent earning growth. Good pick for long term investment.
Core portfolio
OIB 59.8%
Ireka: 16.7%
Cheetah: 8.1%
Pintaras Jaya 3.1%
HingYiap 2.4%
Trading Portfolio
GENM 16.8% (average cost 2.83)
Bought more GENM at 2.81 in afternoon session
Trading Portfolio
GENM 20.9% (average cost 2.82)
Increase further GENM stake, bought even more GENM at 2.81.
Trading Portfolio
GENM 32.5% (average cost 2.816)
Market closed at lowest level, down 5pts. GENM failed to rebound, close at 2.81..
All Asia market down, European market also open lower. Market is at risk of further correction if unable to hold above 1200pts. Prepare to bargain hunt on Genting and GENM tomorrow.
Core portfolio
OIB 59.8%
Ireka: 16.7%
Cheetah: 8.1%
Pintaras Jaya 3.1%
HingYiap 2.4%
Trading Portfolio
GENM 33.4% (average cost 2.815)
Bought more Genting at 6.72-6.73 in less than 5min, early morning
Trading Portfolio
Genting 48.3% (averga cost 6.73)
GENM 33.4% (average cost 2.815)
Wow! expect market to rebound, increase further stake in Genting and GENM. Bought more Genting at 6.74-6.75 and GENM at 2.82, hiting almost maximum
Trading Portfolio
Genting 61.7%
GENM 37.1%
Start taking profit now, selling Genting at 6.79 now...
Sold out Genting at 6.78-6.79, realize all intraday profit :)
Channel more margin line to increase stake in GENM, bought more GENM at 2.82
GENM 48.6%
Sold out all GENM at 2.84, realize both intraday and T+1 profit :)
This morning manage to realize more than a k from trading with both Genting and GENM.
Portfolio now left only with core stocks. Still remain caution and only will trade if there is good bargain and odds to realize quick profit.
Good to hear profit every morning.
Well done. :)
Horse
Good to hear you have start accumulate Genting sp at $1.05, planning to load again 20% or more of your capital? You may need to reserve some to subscript its right issue at $0.80. Hopefully, when right issue is over, your Genting sp will continue to perform, reach your target $1.50. Good investing.
Trading intraday oppurtunity is getting lower as market volume continue to shrink. Its not worth of trying to time the stock movement now. if profit margin is too slim, is not justifiable for risk and reward. I may opt sideline very soon and take long holiday and make some research on market next move.
hng,
i have loaded back about 18% Gening SP at 1.05. Hope to get more if it dip around 1. Have reserved money for the right as well.
Horse
Good investment, Genting SP at 1.08, already on paper profit. if subscript right issue, your 18% load will become more than 25%, with lower cost. Well done!
My broker callled me today abt the disposal and purchase of Genting SP, didn't expect there is few k profit there by doing so. :)
Another word i am still staying with my purchase price of around 70sen. :)
Sold some of my Kfima at 0.81sen. :)
Well done! Kfima is one of the top volume, share price break 80sen resistance and continue to soar. Good for all buy and hold investors and rewarded with handsome profit margin. Good investing.
Portfolio still 90% invested in core stocks and all of them on paper profit. Would keep til catalyst emerge.
Core portfolio
OIB 59.8% (cost: 1.09)
Ireka: 16.7% (cost: 72sen)
Cheetah: 8.1% (cost: 52sen)
Pintaras Jaya 3.1% (cost 1.35)
HingYiap 2.4% (cost 96.5sen)
I'm packing now, together with family will go for vacation and later back to hometown. Wish all of you have good investing and enjoy festive holiday :)
congratulations to u bro,,i disposed mine ard 81 too. take a rest first n get some ideas b4 go in again..
hng,
Enjoy your holiday... :)
Just sold more kfima at 0.82sen.. :)
lofan - congrat to you.. :)
Sold more kfima at 0.84sen. :)
Hi Guys,
Seem like u all r doing well. I sold all my KFima at 81c. Made a handsome profit. If kept longer can get more money :> but no 1 can sell at high. I'm taking a rest from the market as well because it will be a 4 days holiday. Never know wht will happent to the market. Enjoy the holiday & for those travelling, be extra careful on the road. Safe journey.
Hi steve,
you r doing not bad as well. :)
Good trade on kfima.
BTW, how is your forex trade ?
wow, kfima really run.
Sold more at 0.855. :)
Park last batch at 0.87.
wow, sold my last batch at 0.87 on kfima.
Holding 0 balance on kfima now... haha. "Laughing all d way to bank"...
Horse,
Congratulation to u. U manage to ride the market. It is almost heartbreaking to see it went 0.87c. if not, today will really laughing all the way to the bank. Anyway, need to be satisfied with profit i make.
steve,
just lucky for me to follow the ride up. :)
Irrespective how much profit you make, is still a profit. Good luck to you. So, what is your next pick ?
Just received Hektar dividend as well. :)
GENM looks attractive to go in at current price of RM2.78. Contra profit should be of no problem.
hng, is your show again. you are best at contra play. I think GENM will have a rally tomorrow. Will try buy in tomorrow for contra play. :) All the best.
Hi Horse,
No idea on my next target yet. Will check it out during the long break. Really envy hng & u....can access share market all the time. My company block it. So it is very difficult for me to monitor and execute my trade. Therefore, i only buy really stable stock. I really like hng selection. Mayb will look thru his list....no need to do so much homework...hehe.
steve,
Yea, straight forward and easy, need not to glance through anymore, hng's list already good enough. I am quite surprise on his picks. Are fall under my type of high dividend yielding. Will consider... :)
Mkt rally further.
Market is down slightly. Wondering should i pick up some share now. Looking at hng list, i scan thru hingyiap and like it pretty much. Proposed 10% div and might b declare in dec where the next AGM. Net cash. NTA is double than stk price. Only setback is small cap. & i believe the it is a family business as no corporate invester. Disposal will be problem as lack of liqudity & it is at all time high now.
steve,
i like hingyap as well. Is a net cash company with healthy BS. dealing with Textile/fabric. Looks very promising bcoz of its div. One thing i dont like is the track record where they come from a bumpy background. The main catalyst is d attractive 10% dividend now, might have spur some interest there.
I'm all for Genting SP now, just went in again at 1.05, so not buying any other counter for now. Can't stomach anymore. Why don;t you join the fray with me ? i think Genting SP is quite a sure bet in keeping longterm. :)
Good Luck to you.
horse,
when is the gentingSp right issue due?
today ex already for Genting SP.
Buying now will not entitle you right issue.
Thanks horse. Will take a look over the weekend. Saw alot of recommendation on genting sp and high expectation as well. I still prefer to trade klse at the moment. :>
Happy Holiday...
Happy Holiday !!
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