Monday, January 24, 2011

Market Expected to Trade Lower


1. Looking at the current down trend market, this stop me for further buy in. :(

2. Of all the choice, REITs & Golden Agri still my preferred stock to invest. :)

3. I particularly like the month of Feb very much, as most of the REITs will be declaring DPU at this time. :)

4. Stocks in the region also traded broadly lower last week. The indices in Singapore, Japan and Hong Kong were down like around 2% :(

5. Sentiment on Bursa Malaysia is like playing catchup with the rest of the region. :(

6. It is wise to stay sideline for now.

7. However, it is a good buy for Golden Agri between 0.70 to 0.72.



5 comments:

Anonymous said...

Today, bought more RCE capital at 53.5sen.

David Chan said...

Do u invest in genting Singapore ? Any comment? Can it be a long term stock to keep?

horse said...

hng,
i am gonna bank more on RCEcap as well :) i got 1 big batch stuck at 0.575 the other day. :( will likely buy back to average.

Dav C - Genting Singapore is one of my major holding in my portfolio. i started buy in at 70c, 80c, 1.05 all the way till 1.15. and have disposed some at 1.2+, d remaining still keeping until now. i think anything < 2.00 for GSP should be okay to buy in for long term but you should expect it will not have any dividend for a very long time to come, so be prepared for it once you are ready to engage long term. Good luck.

Anonymous said...

Today, both portfolio hit ultramargin: bought more Maemode at 58sen; RCE capital at 53sen and Homeritz at 46sen and add back Uchitech into portfolio, bought at 1.27

Portfolio 1
1. Maemode 168% (avg: 57.8sen)
2. Homeritz 39.4% (avg: 45.8sen)
3. BsdREITs 25% (avg: RM 1.45)
4. TWRREITs 16.7% (avg: RM 1.21)


Portfolio 2
1. Maemode 148.2% (avg: 58.6sen)
2. BsdREITS 30% (avg: RM 1.45)
3 Homeritz 27.8% (avg: 44.6sen)
4. RCE capital 22.6% (avg: 53.8sen)
5. Uchitech 20.3% (avg: 1.27)

David Chan said...

Thank for the advise. I'm buying into Genting hong kong. Izzit a good idea to keep?

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