Wednesday, September 14, 2011

Scalp Trades Dated 14/9/2011

1. Scalp traded the following today :-











2. I traded the same SUNREIT on 13/9/2011, the above is my second round. :)

3. Market dip another 10 points down today. I think there are more to come in the coming days. :( Precautious cyber friend, there maybe rough road ahead. :(

20 comments:

hng said...

I've over the last 2 week, gradually reducing my stake on KSL at range from 1.48-1.60. The remaining stake also have sold off today at 1.38-1.46. All in all, average realize price at 1.54.

The decision was made after KSL release its Q2 result, although significantly improved, but share price failed to perform, prompting portfolio to reduce stake gradually and sold off all today.

Nonetheless, portfolio at the same time also gradually swap from KSL to KSL-WA range form 30-40sen, to maintain total share unit with intention to continue own KSL for its promising future, but at much lower cost.

hng said...

I've yet to account for KSL loss in portfolio, as share swap from KSL to KSL-WA maintain similar exposure. I'm confident by trading KSL-wa now, portfolio will be able to neutralize KSL 25% loss

hng said...

Sold off Faber at 1.67, realize slim paper profit

horse said...

hng,

KSL 25% loss, wow thats a huge amount i guess.
ANyway all the best on your KSL-WA.
Hope this swap gain back your losses.
Good Luck.!

hng said...

The paper loss of 25% is biggest percentage loss since portfolio inception. Nevertheless, if after taking into account dividend entitlement and manage to secure additional KSL-WA under excess application at cost of 20sen, the 25% loss will be narrow down to less than 15%.

Portfolio need to cut KSL paper loss at least mark to market, even i still look up on KSL prospect. I've opt to continue maintain exposure to KSL via KSL-wa, which carry lessen cost. In turn of percentage change, KSL-wa should have lot faster to recoup these loss and regain back capital.

horse said...

talking about paper losses, i have about 20% losses on my RCECAP as well. :( Manage to gain back some on dividend, nevertheless, the portion on Rcecap holding of my total investment capital is not big, still manageable. :) Still holding tight. :) Hoping for rebound.

horse said...

My scalp trading still on track but this month is a bit slow only manage to get 50% of my 2K target. :(
Looks like market is gonna dampen further. :( Hardly got chance to make trades. :(

OneX said...

Dear Friends, anybody know when Gas Malaysia IPO will be launched?

horse said...

No trading for me today.

hng said...

Bought maximum Rsawit at 2.13-2.15

hng said...

Star selling Rsawit at 2.25, realize very handsome intraday gain :D)

hng said...

Sold off all today rsawit at 2.24-2.26, realize all contra profit first.

Portfolio still carry two tranche of rsawit with 2.25 and 2.03, average cost at 2.139, but may opt to realize these a paper profit also

hng said...

Bought Pchem at 5.75

hng said...

Bought malton at 52.5sen

hng said...

Sold malton at 53.5sen, realize intraday gain

hng said...

Sold Pchem at 5.83, realize intraday gain

hng said...

Bought faber at 1.58-1.61

hng said...

Bought MSM at 4.90

hng said...

Sold off MSM at 4.95, realiz intraday gain

hng said...

Sold partial Rsawit at 2.25, realize handsome paper profit

Related Posts with Thumbnails