Monday, July 2, 2012

A Good Start For JULY 2012 !!! :)



1. Sold about 40% of UOADEV from price ranging between 1.55 to 1.58. :) Leaving the remaining to sell higher. :)

2. Bought in CMMT at 1.52 and sold at 1.54. Contra profit. :)

3. It is indeed a good start for the 1st trading day of JULY 2012 but at current level of KLCI, i am a bit dilemma whether to increase or reduce stake ?? I guess i will opt extremely careful at the present day of state, any downturn could be possible. Even though if i do, i have to close trades quickly.

4. Good luck and happy trading. May the best price be yours always. As usual "LAUGHING ALL THE WAY TO THE BANK" :)

81 comments:

hng said...

Bought back all WTK at 1.23, realize intraday gain

Bought more Pos at 2.80

horse said...

hng,

When do you think POS will announce the 17.5sen dividend ? 2Q in AUG ?

hng said...

horse

I think Pos will be announce its dividend by these week or next week time.

horse said...

hng,

Thanks.

Will monitor closely tomorrow.

hng said...

horse

DRB buy over 33% stake of Pos from Khazanh at 3.60 (prime land at the Pudu still waiting unlocking). Current Pos at 2.80, although already up bit since it proposed dividend of 17.5sen, but still have upside potential, breakout of resistance at 2.90 will lead to further up, possibly to 3.00. Pos and MNRB used to have same price level last 1-2 week ago, but only MNRB manage to sustain at current level.

Teng said...

Hng

I shall buy back WTK tomorrow at 1.23 level. if can't sell,then buy at lower price

hng said...

Teng

WTK major shareholder keep buyback through open market, render support to share price. In addition WTK trade cum dividend of 4.25sen and expect good upcoming Q2 result should cushion further downside risk

Teng said...

Hng

You are right.From annoucement to Bursa,major shareholders accumulate share at current level

alwayswin111 said...

Horse
FBMKLCI is pretty toppish . Once it breaks the Trendline , maybe we should stay a bit cautious. Last year after 1st week ,FBMKLCI broke the Trendline and subsequently descended until September .
I am cautious . But UOADEV looks like a breakout play. Upside is good , provided market stays good tomoro. Your thoughts please.

Teng said...

Horse

UOADev is approaching 1.60. Hng and I sold all our holdings.Congratulations!!

Teng said...

Sold Kulim-CE at 20.5 for quick contra gains

alwayswin111 said...

Teng
Yes, good play.

Teng said...

Alwayswin111

Today is last trading day for Kulim-CE,adn third day for price calculation( 1st day 4.70,2nd day 4.62). If can get 19cts today,should be quite safe.Or wait till 4.50pm for Kulim's closing price.If Kulim close 4.60 or above,19.5 cts is safe as well but I would prefer 19 cts.I still worry about last minute price manipulation

hng said...

Teng

You're become next expert in trading call warrant after horse. You can refer to horse previous call warrant record, horse is indeed expert not only in turn of call warrant picking but also retain 100% win record.

alwayswin111 said...

Horse
You are right. Good start for everyone.

hng said...

Bought more Pos at 2.82

Teng said...

Hng

Not an expert yet but I like to calculate.Scored As in my SPM,STPM even spent little time. Family gene.

hng said...

Sold off Cresndo at 1.83, realize paper profit

Teng said...

I enter to buy POS but my order rejected. Message (dealer) order declined. Why?

Teng said...

Reason from Maybank is Stock Buy suspended. Means Pos suspended from trading??

Teng said...

Dare not enter to buy again.Worry my order will be matched twice

Teng said...

Called Maybank Investment. They told me limit to trade POS is full.(but I am using cash account). They have to manually lift the limit for me to trade.I have to wait for 2-3 mins.Hope POS price will not jump next 2 mins

Teng said...

It is now done. Bought POS at 2.81

hng said...

Bought more Pos at 2.81, Pos now is my biggest stake in portfolio, more than half holding now..

hng said...

Teng

You also buy Pos? join me and horse together :)

Every bank have their limit in stock exposure. Pos over limit mean a lot of Maybank client buy Pos, till it hit limit. It could manually adjust to reset limit if client insist to buy Pos again.

hng said...

Cresndo continue upward after i've sold off my stake, again can't reap higher paper profit, but swap my margin to increase my stake in Pos

Teng said...

Hng

But POS volume is not that huge at all,4k lots so far.Staff at Maybank told me about 10% limit ( against what??)

alwayswin111 said...

Hng
Selling spree today
Sold MBMR 3.20-3.22,(bot3.06)
Bursa 6.24(very small profit)
KFIMA 1.85 ( sold yesterday)..
Ivory 0.555 sold some (keep bulk)

Gark said...

So much conviction on POS here...
Bought some at 2.68 2 weeks ago, now add more at 2.82. Divvy will be announced after AGM...

hng said...

Teng

The 10% limit refer to their particular stock exposure under their overall stock portfolio as a measure to limit their risk. Take example, a lot of Maybank client under their margin account accumulate a lot of Pos, imply that a lot of Pos share are pledge to Maybank and Maybank in turn give cap value to Pos, often below market price. If the limit already exceeded, Maybank will not received anymore order from margin account holder, which also indirect affect cash account holder. Off course, Maybank at their discretion will lifted limit to higher ceiling and keep received order, after all Pos is consider bluechip and safe.

hng said...

alwayswin111

Well done, Laughing all the way to bank.

Teng said...

Hng

Thanks for detail explaination.

I guess Maybank allow its cash account customer to trade without limitation.

alwayswin111 said...

Hng
Yes all of us laughing . But you laugh more leh😄

hng said...

Used remaining margin line available, bought more WTK at 1.23. Portfolio hit ultramaximum now

hng said...

alwayswin111

When come to realize profit, everyone happy. But investment journey is continue process, immediately after selling stock and realize profit, work has begin to find a new potential stock and repeat success again and again.

So, after enjoy our happiness, start work again: invest stock, wait for value to materialize and realize it

Teng said...

All Sifus

Anyone traded Annjoo before?It is now trading near 52week low. Steel is very cyclical business. Thinking to buy and keep for 1-3 years. Another steel stock is CSC which is in nett cash position

alwayswin111 said...

Hng
Sold balance ivory 0.57... Good profit for this week

tcg82 said...

wow
you guys are fast & furious with the kaching. many congratz
i still waiting in the bunker with wtk not much tho
888 2 us all

hng said...

Sold off YTL Power-WB at 56.5sen, realize contra gain

alwayswin111 said...

Horse
PAVREIT looks tempting. Seems to be forming a bottom

horse said...

Hi All,

Today is a busy day for me. Resume my work, go MAXIS and applied the RM138 Fibre Internet. :(

Teng - The previous offer RM118 no longer available. :( So have to pay extra RM20 for new package. :(

hng - You are money $$$ generation machine. Really admire your trading. Respect. !!

alwayswin - Congratz & well done.

Today i have no time to post, just dropping my update here for today's trades.

I follow hng buy into POS at RM2.80. Bought YTLPOWER-WB last minute at 0.565, must be buying from hng. LOL !!

Good trades all and keep up the good work. :) :)

Teng said...

Hng

I 'forgot' to buy WTK yesterday because of POS issue. I think today WTK may test 1.26 again

Teng said...

Hng

Sold WTK at 1.26. Seems very strong today

Teng said...

Hng

Congratulations on WTK. It is now 1.27/8

hng said...

Sold most of the WTK at 1.26-1.27, realize handsome contra and paper profit

alwayswin111 said...

Teng
I just bot this morning 1.25

Tay SK said...

Uoadev sell q matched at 1.60. Think it can go higher some more but this is good enough for me. :) thanks to you all for sharing here.

hng said...

Sold off all remaining WTK at 1.26, realize all profit.

Teng said...

Dear All

Seems July is good month for all of us. Congratulation Tay on your UOA. Horse is BIG winner as he still keep 60% of his holding

hng said...

Sold off all remaining WTK at 1.26, realize all profit.

Teng said...

Sold TAGB-PA at 24.5 for half cent profit

hng said...

Teng

horse deserve reap higher return on UOAdev. He is true investor, waiting patiently for stock to realize its fully value. horse, you have my respect too, The excellent value investor

hng said...

Teng

horse deserve reap higher return on UOAdev. He is true investor, waiting patiently for stock to realize its fully value. horse, you have my respect too, The excellent value investor

Teng said...

Hng

yes,Horse is respectable investor/trader

Bought some AnnJoo at 1.64

hng said...

Teng

Ann Joo? OK include in my radar screen now. Will study first before make decision. Thank for your recommendation.

Teng said...

Hng/Horse

Any new stocks to recommend?Slow moving counters also never mind.I want to learn from Horse to keep LONG,like his UOADev

Teng said...

Hng

I first bought Annjoo in 2009/2010. Remember it was 1.50-170 level. So AnnJoo price still at 2009 crisis level.I understand AnnJoo like to keep stocks ( lots of stocks).When steel price down,they suffer a lot.

Teng said...

Will Kulim price push down at closing so Kulim-CE settlement will be less?

Tay SK said...

Just entered zhulian 2.05.

Tay SK said...

Sold all zhulian at 2.12. Fast one.

Teng said...

Tay

Good job. This is fast for 3.5% gains within 1 hour

hng said...

Increase further stake in Pos, bought more Pos at 2.80, raise total stake of Pos in portfolio from 50% to 80%. Portfolio now only have less 5% available margin line

Tay SK said...

Thanks Teng.
Yea suddenly big drop in Pos. I also follow u Hng. Matched buy q at 2.80.

Teng said...

Hng

You seem to have confidence in POS. From your previous post,I have full confidence in your stock selection.Just matter of timing

Teng said...

finally YTLPower-WB near 58.This was the price I first bought( I did trade at higher price but sold for profit)before I average down by buying more at lower price

hng said...

Teng

Please buy your stock at own risk... I'm here not to give tips or recommend stock for people to follow, i'm here just to share my thought and idea, no obligation no pressure.

Teng said...

Sold some YTLPower-WB at 58cents. Now holding less than 20% of WB compare to early June when WB is my top trading counter

Teng said...

Hng

Don't worry. Anyone follow this blog has do their homework as well. Your post does not recommend buy or sell for followers.We have to be gentleman

Teng said...

Hng

You reminded me of ex-colleague of mine who scolded his remisier( in early years we had to call remisier to trade) for giving him 'wrong' tips.I asked if tips always not correct,he said no. I just pity that remisier.Helping customer to make money,no appreciation from customers.Made 1 wrong advice out of 10,kena taruh kuat kuat

tcg82 said...

WTK today looks like got big collectors at 1.25/1.26 with increased volume. momentum to continue tomorrow. still holding ;)

hng said...

Teng

I'm neither remisier nor broker/speculator. Therefore, hold no responsibility of any gain/profit trade. If my comment still cause any uneasy or loss in this blog, i'll self reexamine and will reduce unnecessary comment into this blog.

Teng said...

Hng

All of us enjoy your posting( as well of Horse). Appreciate if you can continue to post your trading in this blog. Did my comment make you feel uncomfortable?

Tay SK said...

Jus wana say i appreciate ur all sincere sharing esp Horse n Hng n Teng. Been a silent reader for sometime. Caveat emptor and we trade by taking own risk n own responsibility.

Teng said...

Lets continue what we have been doing so far.Maybe we can even arrange to meet one day

Teng said...

Horse

I don;t see much price manipulation for CW that expire July 6. At least Kulim,IOI has decent gains at closing. Remember DRBhicom price was pushed down when CWs near expiry date

alwayswin111 said...

Hng
No worries. No one should hold you responsible for their purchases. We should be matured enough.
As it is you are taking the trouble to share with us your trades. Very good of you.
Well it is up to the individual to make their own decision.
I am keeping my WTK . Hope to dispose around 1.30.
Today I bought some TAANN at 4.49. Still looking to buy back ivory if can sustain price at 0.55

gg said...

Hi, just wanted to ask the sifu's here what's your opinion on Tambun right now? I know most of you have take profit already.

The announcements shows the director is buying more and more shares... in total, I think the past week he added 1% more of his shares at ~59 cents.

Director accumulating is good news, but how else should we read into it? Thanks.

gg said...

Hi, just wanted to ask the sifu's here what's your opinion on Tambun right now? I know most of you have take profit already.

The announcements shows the director is buying more and more shares... in total, I think the past week he added 1% more of his shares at ~59 cents.

Director accumulating is good news, but how else should we read into it? Thanks.

Teng said...

GG

Hng is the best person to answer as he spent lot of time to study background of Tambun

Hng- announcement to bursa show some ( or all) purchase were done off market?this means directors not buying from open market?

tcg82 said...

Hng
do keep posting (likewise horse/teng/rest), really enjoy reading them, actually learnt from it, will start to practise at right time for me :p

alwayswin111 said...

Hi All
This is a friendly, sincere and helpful blog. Lets all keep the good feeling going.

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