Friday, September 7, 2012

Watch List !!!

 
 
1. No trading from me today as well. IGB REIT balloted just end oversubscribed of 21 times. Hard to get i guess. Today will just merely put up the wtach list for next week. Good luck guy.
 
2. Watch List - GTRONIC, WINGTM, OSKPROP, FABER, HEKTAR-TR, BREM
 
3. OSKPROP - Just declared 5sen dividend. :) ^^
 
4. Good Luck All.

38 comments:

hng said...

Bought more OSK property at 95sen

alwayswin111 said...

Hng
My relatives still have Maybank, you think they should sell now or wait for the dividend?

Teng said...

Alwayswin

First batch of Maybank I bought was in 1998 ( RM13 before many bonus and right issue).In 2009,I also bought at 5+ before right issue

Teng said...

Hng

If I can sell OSKProp WC at my cost( 24.45),I will sell and swtich to mother

hng said...

alwayswin111

I think you should advice your relative to opt for Maybank share dividend reinvestment plan, to enjoy discounted share price and accumulate share over long term.

hng said...

Teng

Frankly, both OSK property and WC perform below expectation, but fundamentally, OSK property still worth of investing due to high dividend yield, while WC is still worth a hold at the moment for its long tenure of warrant life and high gearing level for exposure to underlying share at low cost.

Teng said...

Hng/Alwayswin111

Hng's advice is good if your relative has enough Maybank share

If owning less than 2,000 shares,gains from share reinvestment plan is insignificant. Total dividend less tax is RM480. You get less than 60 Maybank shares,and if you save 45 cts per share,gains only RM27. If I remember well,you have to pay RM10 for stamp duty if you accept share over cash

Teng said...

Hng

Yes,OSKProp is really below expectaion after its right issue listed.

Properties still hot,though develepor now shift focus to smaller unit. Recent SOHO launched by MCT in Cyberjaya fully sold in less than 10 days. Price is not cheap,start from RM300k for 500sf unit

hng said...

Teng

Apartment/SOFO are getting smaller now, to increase buyer affordability. But in actual fact, RM/sqft are increasing, if one to compared those SOFO with landed luxury semi-D, it is still worth to buy landed property.

SOFO/apartment mainly for rental income, better if come with leaseback agreement, like 5 year, 8% yield etc. But this kind of investment hard to appreciate in value long term, depending a lot of management/maintenance/tenant availability. If the service apartment cum together with hotel, is better, run by hotelier and its professional in maintenance

Teng said...

Hng

SOHO by psf is very expensive,even more expensive than bangalow

Nowadays fewer serive apartment has leaseback package. Normally leaseback are for servive apartment that used for hotel industry. Nowadays so called service apartment are no different from normal apartment

hng said...

Teng

Developer selling point are offer partly/fully furnish furniture/air cond, kitchen cabinet etc to entice buyer and also easy payment scheme like 1% down payment, absorb interest during construction etc

Teng said...

Hng

1% or zero d/p is common in Msia

That is why people just buy.I have seen mid-late 20 young guy already 'own' few properties

hng said...

Bought YTL at 1.79

Teng said...

Hng

Aiyo,OSKProp up buy wc down. How to switch from wc to motther?

alwayswin111 said...

Hng,Teng
Many thanks.

Teng said...

No trading for me today

Affin-CH-Settlement should be 14.6 cents. Lose 0.4 cents

horse said...

No trading from me today.

Hektar just declared DPU of 2.6sen.

I will be converting all my Hektar-TR to mother.

horse said...

My status on IGB REIT still pending. :(

Hard to get i think.

Still pending my AFFIN-CF settlement money.

horse said...

hng & Teng,

You guy received the OSKPROP's balance money on the excess application ? Shares have been credited buy excess money not refund yet. :(

Teng said...

Horse

Not yet. I am using nominee which is another 3-4 working days more than direct account( previuosly was 7 working days). Even dividend takes 5 working days whereas I received same day or latest next day for direct account

Teng said...

Horse/Hng

UOADev now <160. Can relook into this counter?

hng said...

Bought Huayang at 1.72

hng said...

Teng

I think UOA <1.60 is good value buy, but I'll like to wait longer, stock market now offer Mega Sale, many stock on bargain sale.

hng said...

I think, so long index can hold 1,600, current slump ahead of budget could be over

Teng said...

Hng

Not buying UOADev at the moment.Have to inject more money into share account

Glomac also in my consideration lists

hng said...

Very fast, market tested 1600 physiological level, lets hope it can hold on it.

Today is 911, so don't expect too much on tonight Dow performance.

Gark said...

Hmm.. not good day.. everything red. :/ Wonder should average down or wait for later?

hng said...

Used all available trading limit, bought

1. Huayang: 1.71-1.72
2. PJdev: 77.5sen
3. Gtronic: 1.41
4. YTL: 1.76
5. Crestbuilder: 1.01

Teng said...

Hng

You still optimistic about market. I guess givernment will not let market to crash before voting day

Morning sold Amfirst at 1.06 to free up more cash

hng said...

Teng

I've the feeling 1600 physiological will hold at least for now, that why i took today Mega sale, bought Huayang, PJdev, Gtronic, YTL and crestbuilder.

Teng said...

Hng

I wanted to buy UOADe at 1.56/7. Reason I hold it beause I do not want to have too many property counters.

Teng said...

Hng

See most of your stoks are property counters

hng said...

Teng, the reason to buy stock are

1. Huayang: Bonus 1: 4
2. PJdev: dividend 5sen
3. Gtronic: dividend 7sen TE
4. YTL: 1: 15 YTL Power WB at 20sen
5. Crestbuilder: 3: 10 free warrant

hng said...

Teng

Agreed, Gov won't let market down freely, especially FGV, must keep settler happy to gain vote from them. Already reverse , don't surprise, FGV in positive. Msia BOLEH!

Teng said...

Hng

Most stocks you selected are supported by dividend or bonus issues. This will limit downside risk

For Property-Coming budget,not sure if government will introduce more measures to surb property price.I doubt drastic measures as this will hurt not only property developers,but banks may face high NPLs

hng said...

Sold off all today and yesterday YTL at 1.79, realize intraday gain, offset partially by T+1 transaction cost loss

Maria^^ said...

guys any news on whn the wct bonus issue will be?

alwayswin111 said...

Hng
Good job. Congrats . Yes market seems supported at 1600. I am still not playing yet. Watching still.

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