Monday, May 16, 2011

Scalp Trades Dated 16/5/2011


1. No trading today. :(

2. We enter the final day for Bursa-CP. Lets work out the final figure (net worth) for Bursa-CP :-

10/5 - 1st day Average = RM7.8475, net worth = 0.141sen

11/5 - 2nd day Average = RM7.8299, net worth = 0.139sen
12/5 - 3rd day Average = RM7.7862, net worth = 0.137sen
13/5 - 4th day Average = RM7.7794, net worth = 0.135sen
16/5 - 5th day Average = RM7.7426, net worth = 0.1329sen

My cost was at 0.13sen, did not get the 0.125sen the other day else profit will be quite okay. There is still a 0.0029sen profit even for those who bought at 0.13sen. See how BURSA shrinking right from the first day itself, from a net worth of 0.141sen to now just merely 0.1329sen. I would expect it to perform much better but it failed to deliver. Very much under my expectation and a bit disappointed. :( Nevertheless there is still a profit there, 0.0029/0.13 = 2%........better than nothing.

3. Next in line should be PLUS-CC. A steady stock that do not give surprises just like MAXIS. Expiry date fall on 8/6/2011. A low beta stock, just KIV for now. Stay tune for my post when the date draw nearer. :) This could be another sure win bet.

11 comments:

David Chan said...

Can you comment on the golden agri which was once your favorite stock ?

Anonymous said...

Wah Lau! Citi share look like knife is falling down, i think RM 40 is keep support level, breaking below could signal further weakness. Still sideline and watching its next movement...

Anonymous said...

Bought more Hapseng at 5.28-5.30

Anonymous said...

Sold off all Hapseng at 5.37, realize all intraday and T+1 contra gain first :D)

Anonymous said...

Add another new stock into portfolio; bought Gtronic at 1.00

Anonymous said...

Sold off bursa at 7.76-7.77, realize slim profit.

Anonymous said...

Increase further stake of Ivory, bought more Ivory at 96.5

Anonymous said...

Portfolio 1:
1. Msniaga: 112% (cost: 2.11)
2. Ivory 100% (cost 99sen)
3. Tambun 20% (cost 70.2sen)
4. Uchitech 8.4% (cost 1.395)
5. Gtronic 7.6% (cost 1.00)


Portfolio 2:
1. Msniaga: 90%(cost: 2.12)
2. Ivory 87% (cost 99.1sen)
2. Uchitech 12.1% (cost 1.395)

Anonymous said...

horse

yesterday, have decided re-enter Citi at 41.1-41.3, after saw Dow pare down earlier more than 1% loss.

horse said...

Dav C,

you bought golden agri ?

PE is very low on this stock, profit is increasing year-on-year, need to have patient on this once you bought it, > S$1 should not be a problem. Must invest in long term, trading is not advisable on this unless a drastic jump up in days. :) At current level is still good to buy in (~S$0.70). Good luck.

horse said...

hng,

YOur timing is always right !!
Good luck pal. :)

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