Tuesday, June 5, 2012

Sold My PAVREIT



1. Sold back my PAVREIT at RM1.22. :) but only managed to sell UOADEV partially at RM1.48 :(

2. Would buy back UOADEV if it dip further tomorrow.

3. Below is the news from BJTOTO :-


BERJAYA SPORTS TOTO BERHAD (BTOTO OR COMPANY)

(I)PROPOSED TRANSFER BY BTOTO OF ITS 100% EQUITY INTEREST IN SPORTS TOTO
MALAYSIA SDN BHD ("STM"), A WHOLLY-OWNED SUBSIDIARY OF BTOTO, TO A BUSINESS
TRUST TO BE CONSTITUTED AND REGISTERED IN SINGAPORE TO BE KNOWN AS SPORTS TOTO
MALAYSIA TRUST (STM-TRUST); AND
(II)PROPOSED LISTING OF UNITS IN STM-TRUST ON THE MAINBOARD OF THE SINGAPORE
EXCHANGE SECURITIES TRADING LIMITED ("SGX-ST")
(COLLECTIVELY REFERRED TO AS PROPOSALS)
4. I wonder as a BJTOTO shareholder, do we get any allotment for this STM-TRUST shares listing ??

25 comments:

tcg82 said...

horse, bjtoto the special dividend itself looks yummy, right? but would you know how much is the rought estimate? thanks

alwayswin111 said...

Horse
Wah you .... Huat ... Oredi

hng said...

horse

Congratulate, you're entitle to 49sen special dividend through dual listing. VT very best in extracting value.

hng said...

Teng

Lets hope our Tambun and Tambun-WA momentum can be sustain, leading to much anticipated rebound till next week AGM

Teng said...

Hng

hope so. Property still hot in Msia( at least KL area),condo 500-700PSF is common. Heard Penang is picking too

hng said...

Teng

yeah!! Tambun-WA start performing

hng said...

Tambun will follow

hng said...

Used trading limit, bought YTL Power at 1.62

Teng said...

Hng

Tambun-WA is up but mother still lag behind.Hope it will play catch up as well

hng said...

Tambun develop mostly landed properties, price below 500k in Seberang Prai, Pearl Township, cited between current and upcoming bridge and due to low land cost and high selling price, margin maintain at above 45%

Teng said...

Hng

I don't know Tambun project well enough.For developer those bought land before 2008 will make hell lot of profit.I think projects in Penang( both Island and mainland) have good response( IJM project see queue of few days just to get their dream unit)

hng said...

Teng

Just visit Tambun website and read o its latest annual report, you will have idea, Tambun actually quite famous in Penang Mainland

Teng said...

Hng

Will visit Tambun website when have time.Previously I bought YNH but later found out director fee is damn high( can't remember how much,but think abt 20-40% of nett profit)

Teng said...

Hng

Tambun-WA gain more momentum now. Mother also follow a bit

hng said...

Teng

YNH used to be coming star in Property counter last few back, This was when YNH promising bright future to shareholder for its Menara YNH in JLN Sultan Ismail, whcih worth 1.8b, with Kuwait investor take up 50% stake. However, the deal later call off, and YNH begin to drop off of my radar screen.

hng said...

Teng

This is beacuse no more selling pressure from those right and free warrant subscriber. The rebound will continue toward next week AGM

hng said...

I'm still hold tight all my Tambun and Tambun-WA.

Teng said...

Hng

Lets keep our finger crossed for Tambun

What do you think of MISC?I know their business is affected due to low rate.But their price is at all time low,trade below its right issue.

hng said...

Both Tambun and Tambun-WA closed at highest level of the day, Tambun 52.5sen, Tambun-WA 18.5sen (premium 50%)

hng said...

Teng

I'm not familiar with MISC share performance, what I know is low rate and oversupply vessel are the reason MISC trading at lowest level. But, I think once MISC sold off its loss making dry bulk vessel, and concentrate on liquid gas, it could reverse earning from negative to positive and share will subject to re-rating.

My philosophy in stock market is If stock holding have good fundamental, temporary setback in stock price could be opportunity to accumulate on weakness. Hold on for while, wait for storm to settle down, market will eventually appreciate and re-rate one particular stock to at least trade up to its fair value

alwayswin111 said...

Hng, Teng
Yes... Let's see TAMBUN and WA fly tomoro.

Teng said...

Hng

Thks.I am not holding any MISC.I was doing comparison of few top KLSE listed company since 1990s and found MISC is one of the worst performer. TNB also did not do well.

Teng said...

Hng

For those holding Pbbank,Telekom,Digi,Topglove since 1990s will now laugh all the way to banks

horse said...

wow, seem like everyone is happy on Tambun up surge. :)

COngratz all !! :)

hng said...

Teng

You must have vast experience in stock market, track back 20year historic performance. My experience in stock market only begin in 2002/03 and also start with Pbbank as my first stock holding, find out its so unexciting, then switch to Carlsberg to enjoy dividend, but turn out to highest price at that time. After several attempt invest in bluechip stocks, still unable to make money. Finally, turn to some penny stock. like Time, LBS etc. Manage to gain some, but all loss out after addicted to warrant (MTD capital), which at that time proposed capital repayment,and supposed to stimulus its warrant but turn out to too near to its warrant expire date and i'm unable to exercise warrant as all capital was in its warrant instead of MTD capital. I loss out almost all my capital, trim all warrant at merely 1 sen :(:(

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