Monday, October 15, 2012

Sold Some ARREIT ^^

 
 
1. ARREIT - Manage to sell partial of ARREIT at 0.93 today. Hope to buy in more and also hope to sell more. ^^ Scalp trades this guy more hopefully. ^^
 
2. GLOMAC - Will try to buy in more tomorrow. ^^
 
3. AMEDIA - Look like standing it foot at 35sen now, might inch higher this week. Good luck to those holding it.
 
4. Watch List - ARREIT, GLOMAC, BREM, AMEDIA, FABER
 
5. Good Luck !!!

31 comments:

hng said...

Bought more Amedia at 34.5sen.

Gark said...

Amedia still got loads of sellers... already more than total share outstanding, selling not over yet? Where got so much shares to sell if the directors are not selling...

Teng said...

Gark

Maybe many speculators buy /sell many rounds?

Gark said...

But the selling batches is in 5 million shares, each at 0.345 and keeps repeating every 10-20 minutes or so... does not look like speculators...

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

Gark

If major shareholder is selling through open market, there will be announcement make in bursa. So far, not at all.

I agreed, based on last 5 trading days, total share trade was 176.2m is more than its free float share of 134.5m.

However, if we take into account day trading, share trade could be done to half = 88.1m, but still significant sum against its free float share of 134.5 or 65.6% of outstanding share exchange



Remark:
Latest 5 day volume: 16.1m, 29.2m, 49.9m, 44m. 37m = 176.2m

Total share outstanding = 228m
Major shareholder stake 41% = 93.5m
Free float = 134.5m


Teng said...

Hng/Gark

This is big speculators

I understand speculators can 'borrow' shares from 3rd parties,eg investment bank or nominee to sell aggresively,then buy back at lower price

Gark said...

I though short selling is not allowed? If borrow to sell is technically short sell...:)

hng said...

Teng, Gark

I'm keen on Amedia largely due to its sustainable earning growth and its capability to command net profit margin above 40% as well as clean financial balance sheet. .

ck5354 said...

aiya share market banyak busuk.

I just heard from remisier some bugger short sell YTL-WR and now need to buy back at 0.25.

Macam ini pun boleh.

Teng said...

Gark

Short selling and borrow shares is slightly different. Short sell is I sell now even I do not have shares. Many investor keep their share with investment bank under nominee. Am not sure if it is an offence if investment 'loan' their share to 3rd party

hng said...

Gark, Teng

Short selling is only allow for certain big cap stock. But, can not rule out there is speculator use other channel to play short selling.

However, those speculator must ultimately buyback to recoup back stake within certain period. If investor have power to hold on to the stock, those speculator will backfire themselves.

With impending corporate exercise like transfer listing, bonus and warrant, and upcoming financial result, Amedia certainly is investment-able graded stock

hng said...

ck5354

YTL-WR already delisted, can't buy at 25sen through open market. But if those speculator can still deal with investment bank to normalize their short selling account by paid differentiate sum or outright penalty

ck5354 said...

hng, my remisier say is off market deal.

I am also not sure how true it is.

hng said...

Based on Amedia exclusive business model, i think Amedia just fit into many related listed company like The star, Media Prima, or upcoming Astro, as it just not only complement their business, but also can enhance and expand their Adex market share

Teng said...

Amedia still trying to find its bottom

hng said...

Bought more Amedia again at 34sen

ck5354 said...

23 cents is the IPO price.

hng said...

Teng

Ignore short term volatility, if have holding power, opt for accumulation on weakness to average down holding cost. Patience is a key now, waiting period is by end of these year, or wait for corporate development to materialize: listing transfer, bonus and free warrant

hng said...

ck5354

The important thing is Amedia is high growth company, sustainable EPS growth render support to share price

Teng said...

Hng

I probably keep until it reach 40 cents, If it can;t reach 40cents,then hold for a while

ck5354 said...

Is it possible they fake their account and the audit committee find out???

hng said...

ck5354

It is serious offense, board director could face legal action. Hope there is no such case happen in Amedia

hng said...

Bought again Amedia at 32.5sen

hng said...

Bought more Amedia at 33sen

hng said...

I think Amedia today volume will be the highest compared to last 5 days. The judgement day have finally arrive, the battle between the seller and buyer

Teng said...

Hng

Now buyers beat seller. hope can > 35 today

Anyway dare not buy at 33 just now

ck5354 said...

Look like buyer win

hng said...

ck5354, Teng

Hi seller, lets end the battle today.

Teng said...

Hng

I am too conservative,and dare not go in at 32.5 and 33. Anyway,congratulations on your 32.5 and 33 sens buy

hng said...

Sold off all Hapseng at 1.63 in last bidding time to free up more margin line, realize transaction cost loss, and prepare more bullet for bargain hunting tomorrow.

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