Thursday, May 17, 2012

Scalp Trades Dated 17/5/2012


1. Scalp traded the above today.

2. Sold some UOADEV at 1.47 & 1.52 respectively and buy back some at 1.51. :) Hope it will surge higher tomorrow. ;) Judging today trades, it seem 1.52 is quite solid, quite a lot of buy up at this level. Not sure it will be surging from here starting tomorrow. :)

3. Congratz hng and also Teng on your UOADEV. :) Well done comrades !! It is this type of atmosphere that keep us going on KLSE. :) Let's keep up the good work and continue burning.

4. My favourite quotes " Laughing All The Way To The Bank" and GOOD LUCK !!

40 comments:

horse said...

BJTOTO shot up 11sen today. :)

Teng said...

Horse

I bought 4.30 and sold 4.36 about 2 or 3 weeks ago

hng said...

Market slumping down again, Time for shopping spree again!?

Teng said...

Hng

Don't know what to buy.UOADev,Mudajya,YTLLand?

Teng said...

Bought UOADev at 1.47. Realise contra gain( sold 1.51 yesterday)

alwayswin111 said...

I really enjoy reading this blog. All of you Horse, Hng , Teng unselfishly share your trades. And the way all of you interact like 'abang-adik'..
You all deserve to 888.
As for me , a bit sad la.. Bought Jtiasa and MMCCORP about 3 weeks ago. Did not cut loss. Hmmm... You win some , you lose some. Any advice?

hng said...

Bought Faber at 1.40

hng said...

Bought ultramaixmum YTL Power-WB at 37sen

hng said...

alwayswin111

What is your holding cost for Jtiasa and MMCCorp?

Current weakness in Jtiasa probably due to downturn in CPO price, affecting all planter and arise doubt over its aggressive expansion in its palm oil division through 15% private placement. Nevertheless, short term catalyst will be come from its bonus issue.

On the other hand, MMCCOrp still await listing of its subsidiary, Gas Msia, which could account one off windfall profit. In addition, impending listing of its another wholly own subsidiary, malakroff will even contribute huge lump sum profit next year.

Teng said...

Alwayswin111

Horse and I also suffer losses in YTLPower-WB.We win some,but also have to accept losses

Will follow Hng to buy YTLpower-WB at 37 in afternoon session

alwayswin111 said...

Hng
JTIASA bot at 9.60 (5000shrs)
MMCCORP at 2.87 (5000shrs)

alwayswin111 said...

Hng
By the way , you all are simply amazing, taking time off from your trading to reply me.
God Bless

p.s actually I also have TDM , Pos, Hapseng-WA , MPHB . Disposed my GENP recently. Wanted to clear all plantation stocks when Rhb downgraded the sector, but hesitated.

hng said...

Sold partial YTL Power-WB at 37.5sen, realize intraday gain first.

hng said...

Bought Mudajay at 2.52

hng said...

Sold off all YTL Poiwer-WB at 37.5sen, realize all intraday agin.

Bought more Faber at 1.37, reduce holding cost

hng said...

Bought ultramaximum Mudajaya at 2.52

Teng said...

Trade today

1)Bought UOADev at 1.47
2)Bought YTLPower-WB at 37

Hesitated if to sell YTLPower-WB at 37.5 for small profit. Decided to hold so to average down holding cost

hng said...

KUALA LUMPUR: YTL Power International Bhd's 50 million warrants (YTL Power-WB) were transacted at 24.5 sen each on Friday, which was 14.5 sen or 37% below Thursday's closing price of 39 sen.

Stock market data showed the YTL Power-WB accounted for a 4.24% stake, based on the 1.176 billion warrants issued.

At 4.32pm, the warrants were down 1.5 sen to 37.5 sen in regular trading session.

alwayswin111 said...

Hng
Do you use TA IN YOUR TRADING?

hng said...

alwayswin111

TA secutieis? no, i'm using pbebank.online

Dow future signal positive open, lets hope it can sustain, so that next week our maket can follow :)

hng said...

Most European market turn green following Dow future, lets hope for rebound next week.

Teng said...

Hng

Do you think 50mil YTLPower-Wb transaction( I believe it off market deal)is good news?With this 50million share sold,YTLCorp hold aout 75% or less in YTLPower-WB

alwayswin111 said...

Hng
Sorry for my vague question. I mean technical analysis. You see normally I am quite disciplined in applying stop loss., but recently I have been adopting bad habits. Hence holding substantial paper losses.
Eg when I bought Jtiasa, I had noted down to stop loss at 9.31 . This is a lesson well learnt for me.
May be buying FABER on Monday.

horse said...

hi alwayswin,

Welcome !!

How long have you been in stock market ?

horse said...

hng,

From where you get the YTLPOWER-WB 50m transacted at 0.245 news ?
I can't get in the announcement.
Was it true ? This type of off market deal should have published in announcement else the reliability of this news maybe a question....

Selling dirt cheap, something unusual, there should be clauses of this deal...

horse said...

I bought in MUDAJAYA at 2.57 today. A bit high. :(
Will post it maybe on Sunday.

Good job hng for getting such a low price on Mudajaya. :)

alwayswin111 said...

Horse
Have been trading almost 10 years. First 8 years 'tembak saja'. . Only past 2 yrs read up a lot on technical analysts and Basic candles (Steve Nison).. This improved a lot on my trading. But I tend to sell too early, oftentimes when the trend was starting.
I had actually sold everything when market hit 1600 cos based on the charts, I felt market was toppish and due for a major correction.
Had planned to trade only counters with high probability and short trades only. But greed got the better of me, I guess.
My trading commission is 0.1%. Do you have any pointers for me.
My weakness in trading :-
- selling too early (dare not let profits run)
- not buying back on pullbacks cos the entry pt is now higher
- tend to look at too many counters

Teng said...

Horse

Star reported YTLPower-WB transacted at 24.5cts.

hng said...

Published by thestar: Friday May 18, 2012 MYT 4:36:00 PM

YTL Power's 50m warrants crossed at 24.5 sen each

KUALA LUMPUR: YTL Power International Bhd's 50 million warrants (YTL Power-WB) were transacted at 24.5 sen each on Friday, which was 14.5 sen or 37% below Thursday's closing price of 39 sen.

Stock market data showed the YTL Power-WB accounted for a 4.24% stake, based on the 1.176 billion warrants issued.

At 4.32pm, the warrants were down 1.5 sen to 37.5 sen in regular trading session

hng said...

This morning, sold partial Mudajaya at 2.55, realize some contra gain first.

Increase further stake of Tamnun, Bought more Tambun at 51.5sen

hng said...

Horse, Teng

We have to wait a little while for YTL Power to disclosed current YTL corp stake in its WB. As Q1 result is due to announced by end of this month, further detail could be gather by then to see what is the impact of cost developing YTL Power latest project smartphone and 1Betsrainet capex and whether or not YTL corp declare higher dividend than YTL Power.

hng said...

alwayswin111

I do used TA to complement my stock pick, mainly to timing risk. As TA is derived from historical data, its has is limitation, but it is useful to assess resistance and support level.

alwayswin111 said...

Hng
Thanks

hng said...

Bought more Faber at 1.34, average holding cost

Teng said...

Hng

Congratulation on Mudajya.I bought last friday( or thursday) at 2.52. Now Mudajya trade at 2.50.

Sold YTLPower-WB at 38.Finally make 1 round

Teng said...

YTLPower & Wb is up as at 4.27pm. Hope it will go up further

hng said...

Teng

I think YTL corp not selling YTL Power-WB today, if its stake indeed reduce to below 75% now, the selling pressure will really ease off. Time to rebound

Teng said...

Hng

I know listing company must have min 25% public spread holding. Does it involve warrant ( excluding CWs) as well?

My YTLPower-WB is still long way to go. Cost is 47-58 cts. If take consideration of gains from previuos transaction,maybe cost is 45

Teng said...

Hooray.YTLCorp is now holding 73.84% of YTLPower-WB. Hope YTL will not sell WB at open market anymore

Who is the buyer of 55mil WB?

dani oktavianto said...

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