Tuesday, January 3, 2012

Scalp Trades Dated 3/1/2012

1. Scalp traded the following today :-












2. First day trading of year 2012. :) Good start to make profit whether it is big or small profit. :)

3. GSP should spur some upside there as many would expect a good result for the last quarter of 2011 and the subsequent 1Q of 2012, all because of CNY. :)

4. I expect Dow Jones to be very bullish tonight, with that it would continue to spur up KLSE tomorrow...

5. My resolution this year is to make higher profit than last year, irrespective of the increase percentage of profit, so long as it is higher profit. Good luck everyone and Happy New Year. !!

10 comments:

hng said...

Sold off YTL-land at 1.07, realize contra profit first

Dav C said...
This comment has been removed by the author.
Dav C said...
This comment has been removed by the author.
Dav C said...

How about ur OSK ? Sell off oredi?

Dav C said...

OSK is dropping. Any action taken?

hng said...

Bought more OSK at 1.77,

Bought back all YTL-land at 1.05, realize intraday gain

hng said...

Dav C

The M&A detail between RHB and OSK should make known by this month, the take over price likely at 1.4-1.6x book value of OSK, translating to RM2.20-2.50.

It could be combination of cash and share swap, if RHB opt for share swap, then the take over likely to be at higher premium of 1.6x, value at RM 2.50. On the other hand, if solely on cash, the take over value could be at 1.4x, value at RM 2.20.

Teng said...

Bought YTL-Land at 1.05

hng said...

Bought more YTL land at 1.03

Pomelo Times said...

Hi, I'm new here. Find your and hng's postings interesting. I'm learning :)

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