Tuesday, September 4, 2012

We All Have Weakness :(

 
 
1. HEKTAR-TR - I bought in few batches, 0.16c 2 batches, 0.155c 1 batch & 0.15c another batch. I am trap and stuck. LOL !! ^^ ;)
 
2. BREM - Bought in 2 batches, RM1.19 & RM1.18. Timing just right, today Brem just declared 6sen dividend. ^^ :) Should expect some moving starting from tomorrow. :) HUAT ARRRRR...
 
3. OSKPROP - I have been alloted excess shares as well beside what hng & Teng are getting. I have been given odd lots as well :( but surprisingly out of the 5000units excess that i applied, i have been alloted with 627units shares, higher then what hng & Teng are getting ??? Really puzzle me !? OSKPROP-WC starting debut today but only manage to capture highest about 28% premium from the underlying stock. Much lower than what we anticipated of at least 30%. :(
 
4. IGB REIT - Have submitted my entry on this. All the best. !!!
 
5. Me too, have weakness to realize higher gain on shares that we picked. So long as we make, we should be happy no matter how. :( Some time feel disappoitnted when the share price surge further and unexpectedly high. Quite sickening seeing such scenario happened. :( Nevertheless, should be happy we did not make a loss. LOL ^^
 
6. Watch List - FABER, HEKTAR-TR, BREM, OSKPROP, GLOMAC
 
7. Good Luck !!!

41 comments:

horse said...

I do hope OSKPROP can crawl back, the only catalyst now left with the 5sen dividend, most likely will be announced by end September.
Like hng said, it is just waiting and testing our patience right now. ^^ :)

horse said...

COngratz to cheeheng & Gark on MNRB profit.

COngratz Tay SK on YTL profit.

Good Luck all... ^^

Teng said...

Horse

Do you have any OSK property cum right?I remember you sold all and only bought TR from open market. From Hng's info,allotment of excess based on mother share you own before ex

Teng said...

Horse

I did not buy Hektar TR today as it did not offer much discount. When mother is 1.40, TR at 16 cents.

Later I bought OSK prop WC instead of TR

horse said...

Teng,

Yes, i own OSKPROP cum right and bought more after ex and bought RI as well.

karimaero said...
This comment has been removed by the author.
karimaero said...

hmmm....

Your comment todays burn a hole in me.... :(

You guys are talking about not making enough money and here I sit bleeding....

Ann Joo, WTK and hopefully not Faber...

I must doing something terribly wrong....Hope too see better days...

Teng said...

kari

Aiyo,I also have counters that still in red.Cost in bracket HapSeng(1.72),AnnJoo(1.59),YTLPower-WB( 58.5) and Faber(1.40)

Teng said...

Horse

Make sense if you owned OSKProp cum right

For nominee-If excess based on individual application,or whole holding under nomineea account?( and investment bank distribute under their discretion)

Gark said...

You are not alone... we all red counters. Must really learn the 'art' of cut loss, this is my biggest weakness, hanging on to under performing shares. :(

ck5354 said...

me too leh. Learning the art of cut loss.

Together we learn from sifu.

karimaero said...

desperately need to learn that art......sigh.

Derick said...

Hi , nobody is perfect . We should learn from mistakes. And emotional control is the most difficult.

hng said...

Many people may be expert in picking good stock, but only few can master art of cut loss. This is because comparing between buy stock and sell stock; the former is much easy than later. the ranking of difficulties are

1. selling stock to realize Targeted profit
2. selling stock to realize below targeted profit
3. selling stock to cut loss

hng said...

Based on my experience, concentrating on dividend yield stock/low PE/net cash/low volatile stocks could cushion risk and protect capital in portfolio.

Revise version

First rule in investing is limit loss and protect capital

Rules no 2, never forget rule no 1

hng said...

Bought WC at 22.5sen, average down holding cost

Bubble Tea said...

I just started & at "baby" stage in investing. I am amazed how all sifus here know how to pick stocks out of so many counters. Hope to pick up and learn more.

wake up this morning and had this thinking that prices will be "pushed" down for a 2 weeks prior Budget speech. Afterthat , market might be rallied to create positive sentiments for coming GE. haha..

Cheers to all & have a good trading week.

Teng said...

Hng

Selling pressure for OskProp and its warrants is much more than expected.But rebound will also stronger

Maria^^ said...

My wct wb and ytlpowr wb is in chaos!!!

Teng said...

Gark

Seems like not willing to cut loss is everyone weakness. I see Hng and Horse are better in this thing.

Teng said...

Hng

I queue OSKProp WC at 22.5 15 mins ago

hng said...

Market index concentrated on 30 largest cap stock is too high for further upside, but most of the value stock still trade below their fair value.

I think if one willing to hold bit longer, especially those trade cum dividend, further downside also limited

hng said...

Teng

OSK property WC is have 5 year to go, premium at the moment is far below its intrinsic value. However, it also depend on its underlying share performance. As explain earlier, OSK property have large amount of unbilled sale, ensure at least 2-3 earning visibility + upcoming 5 sen interim dividend + potential another 5 sen final dividend next year = >10% yeild

But, after fundamental analysis, technical/sentiment factor also play a important role in share price.

hng said...

Just received call from developer, they only willing to give rebate 4k out of 920k !?

Too bad, as the staff said he is confident to get 3-5% rebate from developer.....

The reason is the original reserve price tag only at 760K and is bumi reserve unit which entitle to get additional discount of 15% or price at merely 646k! Selling at 916k now translate to 270k windfall for developer, increase >40% is too much lah!!!

Gark said...

Wooo market has went to free fall...wonder whats up?

alwayswin111 said...

Horse,Hng
Both of you are pretty superb in your trading now. Keep it up.
We definitely have to cut loss when the trade turns out not the way we expected it to go. But Stop Loss is the most difficult thing to do when trading stocks.

hng said...

alwaywin111, Gark

News that GE will be held in coming Nov may be the excuse for today selloff on top of overnight US Dow weakness.

hng said...

Used off all trading limit, bet on JCY, bought ultramaximum JCY at 93.5sen

hng said...

JCY plunges on “operation” of market-makers/institutions

KUALA LUMPUR (Sept 5): Shares of JCY International Bhd, a leading hard disk drive (HDD) maker in the world, suffered another major selldown Wednesday after being badly bruised last month.

The plunge puzzled investors as the company will be giving out its interim tax-exempt dividend of 3 sen soon.

While in August the dumping of JCY shares was due to fundamentals on the back of its weaker results and dim outlook for the

TECHNOLOGY [ ] sector and HDD sector, this time around it appears to be due to the operation of market-makers and institution.

At 11.59 am, JCY fell 13.5 sen or 13% to 90.5 sen after hitting a low of 89 sen in early trade. Its trading volume topped the active list, with 55.608 million shares transacted.

“The market-makers and institutions are causing JCY to plunge today by selling down the share to gain profit from the bigger fall (in percentage terms) of the call warrants,” said a senior dealer who follows JCY closely.

His explanation: “When these market-makers and institutions which have detailed knowledge of JCY shares and warrants sell JCY, the call warrants of JCY automatically fall with the mother share (JCY).

“As they had sold the warrants (at higher price) earlier, they are making a profit now if they buy back the warrants at lower prices. The profit they make from warrants is more than enough to offset the loss they incur in selling JCY today.”

While in percentage terms, JCY fell 13%, seven of the nine falling call warrants of JCY fell 25-50%. The only exception was JCY-HA, which actually rose.

The dealer noted that retail investors, who had earlier thought that JCY share was cheap as it had plunged below the RM120- RM145 target price of leading stockbroking houses, were caught with losses now after buying the share at above RM1.10 last week.

In fact, the market saw no reason why JCY should fall further after the August bashing as its third interim single-tier taxexempt dividend of three sen goes ex on Sept 18.

JCY shares fell in August after global PC makers lowered their global outlook and CIMB downgraded the stock.

hng said...

Sold back all JCY at 94.5sen, realize quick contra gain first

ck5354 said...

Despite the negative outlook, at
current market price, JCY still offers an attractive dividend yield of 6%-7%. This is given
the fact that its financial numbers in FY13 should still be significantly better compared to
pre-Thai floods level. However, we foresee that it will decline on a y-o-y basis against
FY12. Factoring all these in, we derived a new FV of RM1.44, based on 6.4x FY13 PE.
We maintain our NEUTRAL recommendation on the stock.

hng said...

Bought back JCY at 93.5sen

Gark said...

WCT-WB today fell 12%...really panic selling. Bought some at 0.23. All or nothing.. :P

ck5354 said...

wct didn't turun.

Yesterday ex-dividend 3.75 cents.

WCT-WB overdone.

Gark said...
This comment has been removed by the author.
hng said...

Sold off all JCY at 95sen, realize 2rd round higher intraday gain

ck5354 said...

congra hng,

dare not play JCY

scare kena telan balik.

hng said...

ck5354

I think JCY share overdone, rebound is expected + cum dividend of 3sen + report show that current slump could be due to act from market maker + IB call warrant.

Nonetheless, I've set target stop loss if it fall below 90sen again. Lucky, manage to realize 2 round intraday gain.

Teng said...

Hng

Well done on JCY

I was busy today,so no chance to follow you.Also,limited funds available now

Teng said...

Hng

JCY bought back its share at 93.5-95 cents. Almost 5 millions share bought. Your entry price is really superb

Teng said...

Horse

Today Affin average is 3.493. For 2 days,its value is slightly above 16cents.I am busy tomorrow and just place order at 15 cents tomorrow

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