Wednesday, July 4, 2012

Scalp Trades Dated 4/7/2012


1. Sold all my YTLPOWER-WB at 0.57. Sold more UOADEV at 1.61 and 1.62 respectively. :)

2. Will be applying IHH IPO next week. :) Hope to make some pocket money from here. :)

3. Will buy more POS if it dip further. :) Keep watching MPHB. :)

4. I am very busy this week. Nevertheless still try to trade whenever there is free time that allow me to do so.

5. Dow Jones keep surging tonight, this might boost KLCI further hopefully.

6. Good Luck guy.

19 comments:

Dave Ooi said...

dow jones no open market la on 4.July... ^_^

Teng said...

Horse

Congratulation on your UOADev.All of us makes money from this counter

I still keep some YTLPower-WB after selling part at 58.Hopefully can sell 60 today. We first traded this counter at 60cents level 2-3 rounds before price went south. At 58cents,I make decent gains ( cost from 43-58,and started selling at 46)

Teng said...

sold Annjoo at 1.68 for quick contra gains

alwayswin111 said...

Teng
Look at MBMR, I sold and it flew like crazy. Had been monitoring the charts... Sold bcos of the toppish nature of the market. There were no sell signals at all. Anyway gain some better than none at all.
Ytlpow-wb looks good to go until 0.63. Will hold on if I have the counter. But there again depending on market sentiment

Teng said...

Alwayswin111

Read a report about MBMR yesterday.Profit growth this quarter( or last quarter) is boosted by compulsory seat belt. Since now all new cars are required to have rear seat belt,I guess outlook for MBMR is positive

alwayswin111 said...

Teng
But with this surge I rather wait for a pullback before buying back.
By the way I am also now monitoring ANNJOO . Chart wise it is bottoming. Also the Klang MRT and being a potential vendor for Petronas should provide a stimulus to its price. Only setback is the price volatility of steel.

Teng said...

Alwayswin111

Not buying MBMR now.Wait for buying mood over

Annjoo show some rebound today.NOt sure if it can sustain till end of the day

alwayswin111 said...

Hi all
Any views on KIMLUN ?

alwayswin111 said...

Teng
Yes buy with care as market pretty high. Did not read anything from Hng this morning. Hi hng no dealings today yet?

Teng said...

Hng

We are still waiting for your new stock selections

Teng said...

Alwayswin111

Annjon is now 165-166 level. I will monitor this counter and may buy back later today

Teng said...

Bought back TAGB-PA at 24. Market become kind of boring for me.

Teng said...

Kulim is now trading at 4.8 level. If it can close at this level,those buy Kulim-CE at 17.5-20 cents will laugh all the way to the bank

Teng said...

Horse

Alliance Research has buy calls on MPHB with TP 4.53

Derick said...

Hng,

Hi, may I ask about propety company has unbilled sales of 20 millions . What does this mean ? Thanks

Teng said...

Derick

In Msia,houses are 'sell then build'.Developer sold the property and get paid according to schedule.For example,property of 1 million sold but construction not started or underway. This is unbilled sales. 20 millions seems small for developer

Hng-Pls correct me if I am wrong

alwayswin111 said...

Hng
Missed you today. Why no posts?

Teng said...

Hng

We miss your post.Pls come back

Derick said...

Teng

Thanks a lot.

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