Thursday, July 12, 2012

Continue To Trade Actively !!!



1. WTK - Sold all my WTK at RM1.23, escape without bruises cover the losses from the dividend. Break even effort on this but still profit from the earlier WTK's trades. :) Overall standing is profit on this.

2. CMMT - grabbing this guy right from 1.58 all the way down to 1.56. Manage to sell all of it at RM1.59. :) This counter really run wild, first being bashed down from 1.60 to 1.55 and it went up all the way to 1.62 and finally settled down at RM1.61. My biggest gain today on this. :)

3. YTLP-WB - First sold at 0.575. Bought them all back at 0.57 and more. :) Again, must be buying from hng and Teng i think. LOL !! Half a cent profit on this and more to come tomorrow. :) :)

4. AMFIRST-TR - Placed at 0.17 but nothing done. :( :( Look like it find it support at 0.18sen.

5. Maria, you need to fill up a form when subscribing to mother share. Please call your broker for more detail information.

6. Watch list - KOSSAN, ANNJOO, MEDIAC, ALCOM

22 comments:

hng said...

Sold off all MediaC at 1.33, realize handsome contra gain

hng said...

Bought back all and more MediaC at 1.30-1.31

hng said...

Sold off all MediaC at 1.39, realize eve higher contra gain

Teng said...

Hng

You are just superb

Teng said...

Hng

YTLCorp is trading at 1.85 level,down about 15% from its highest of 2.15. Because no more share buy back??

hng said...

Teng

YTL corp currently under selling pressure from both distributed share dividend + convertible exchange bond issue at 1.80 - no share buyback

hng said...

Manage to buyback all and even more stake in MediaC at 1.35.

hng said...

MediaC is expect to announce special dividend of 40sen

OneX said...

Hng,

Whoa 40sen.

Trading suspended to announce dividend.

Will shoot more after release suspension.

Teng said...

Hng

I saw announcement 40 mil YTL share from bond but only listed in july16. Can expect more selling pressure by then?

hng said...

Teng

Technically, YTL still undergo correction. The extent of correction depending on degree of selling pressure, but as soon as YTL start share buyback, it could consider time to re-enter YTL corp.

hng said...

OneX

MediaC is expect to raise as much as 700m to be payout either via special dividend or capital repayment to reward shareholder.

Derick said...

Hng,

Your share selection is awesome !!

OneX said...

Hng,

I agree with Derick. Learning from you to pick above average dividend yield companies and the timing of announcement of the dividend. But MediaC cannot detect early.

hng said...

Derick, OneX

My timing not always correct...Otherwise i won't stuck in Pos and can't move for 2 week. Pos currently under selling pressure from its 3 major shareholder: EPF, LHT and Mitsu !!! Nonetheless, with upcoming dividend of 17.5sen, Pos should have limited downside risk and expect its dividend to be declared latest by next week.

Teng said...

Hng

Your timing is actually much better than many people. POS current price is actually stable at 2.80( of course you lose opportunity to trade other stocks).

Teng said...

Sold YTLPower-WB at 57.5.Make small $$ for dinner tonight

hng said...

Teng

YTL already re-start its buyback as shown by today last minute pull, proven by announcement of share buyback between 1.86-1.90. Next week will look at opportunity to trade on YTL.

Teng said...

Hng

YTL annouced to Bursa it bought back 3million shares today.

This week trading's profit is less than last week,but ok

hng said...

Teng

What is your target return on your investment per annum or average monthly return? e.g. If based on 100k capital invested, targeted return on equity 30%, it will give you 30k per annum or average 2.5k pmonth

Teng said...

Hng

I separate my investment into 2 main accounts,ie investment and trading account. Investment is for long term( but still buy/sell when opportunity arise)

Trading is I trade for short to medium term. I 'created' this trading 2-3 years ago. In 2009/2010return is 30% or higher but in 2012 return is much lower

alwayswin111 said...

Hng
Superb stock pick. I have not been trading past few days. Wait n see. Still holding on to KOSSAN

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