Wednesday, December 14, 2011

Scalp Trades Dated 14/12/2011

1. Scalp traded the following today :-











2. I was very busy lately, hardly have time for blogging. 2 days ago bought in PAVREIT at RM1.00 and today sold at RM1.01, make some small profit. :)

3. Just got my dividend from HEKTAR and GAB. What a surprise that GAB declared a 60sen special dividend and it breach RM13 mark today. My price was just merely around RM4+. This is good thing of keeping longterm growth stock. :)

4. Dow Jones in reverse gear now, this make uncertainty to our local bourse, may probably turn bad and follow Dow Jones. Many go for Christmas break ??

5. Still stuck with my UOADEV at RM1.38, hope can liquidate them by tomorrow. :) Good Luck all.


11 comments:

hng said...

I'm gear up again using all available trading limit concentrate all on UOA development, bought all UOA development at 1.31-1.32

horse said...

hng, might join you to average my uoadev. :)
Good Luck mate.!!

hng said...

Frankly, among the current stock trading, i like UOA the most. This is because UOA share is liquid and volatility within range of 3-6sen give ample opportunity to realize contra profit.

UOA share is consistently under selling pressure since its listing, current share price of 1.32 is significantly below its IPO price of 2.53 (retail); 2.60(institutional). If you check bursa website, EPF is major seller on UOA, which i think at loss as EPF is one of the cornerstone institutional investor of UOA during IPO, at cost of 2.60. Just for your information, our EPF also is major seller on Uchitech, sending it to all year low level !? I don't like the way EPF behave like market maker, keen on continue selling particular stock until all year low level.....

Fundamentally, UOA trading at annualized PE of just 5.5x based on FY11 EPS of 24sen. UOA also in net cash position, as much as 25sen/share and backed by NTA of RM 1.39

In addition, UOA have dividend policy to payout 30-50% net profit as dividend, translating to potential dividend range from 7.2sen- 12sen, give rise to yield of 5.5-9%. These dividend should be announce together with its upcoming Q4 result in next Feb.

hng said...

Just sold some UOA at 1.35, realize handsome contra gain.....

hng said...

Bought ultramax UOA at 1.31

hng said...

Used up all available trade limit to further increase stake of UOA at 1.30

horse said...

i went in some UOADEV at 1.31 today. :)

hng said...

Sold some UOA at 1.3, realize contra gain :)

hng said...

Sold another portion of UOA at 1.34, realize higher contra gain :)

hng said...

Sold more UOA at 1.33, realize contra profit first. With that, i've normalize trading limit in portfolio

hng said...

Sold more UOA at 1.33, realize more contra profit first :)

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