Tuesday, October 23, 2012

Whack IGBREIT !!!

 
 
1. IGBREIT - Went in 2 batches, one batch at RM1.36 and another batch at RM1.35. ^^ Last Friday those KASSETS shareholders received their distribution units of IGBREIT(Tay SK is one of them ^^ making ton already). Not sure it is due to this that causing selling pressure on this or the news that posted by hng that an off market deal at RM1.25 ?? Is the off market deal come with conditions ? like locking them for 3 months or so ? I think the selling pressure could be coming from both. Nevertheless it is irresistible to take in at RM1.35 now. Just continue whacking as much as you like. It is just a matter of time we make profit on this. ^^ Target price > RM1.40. Good Luck.
 
2. GAB - Go above RM16 already !!! More to come i think.^^
 
3. TENAGA - Buy on dip but no show today. :(
 
4. ASTRO - Dare devil Teng, go in at 2.72 ?? I dare not. Since the internet line can broadcast Astro feed with cheaper price, what is that more ASTRO can offer ?? Market share will be shrinking.... :( Gark, you are one of the internet feeding user ? ^^ :)
 
5. GOLDEN AGRI - Miss my order at 0.63. :( Try again next time.
 
6. Alwayswin, i pity the girl too. Publicly everyone knows she is no longer virgin, who is dare to marry her other than that Alvin ???
 
7. Watch List - IGBREIT, GAB, TENAGA, GLOMAC, AMEDIA
 
8. Good luck !!!
 

28 comments:

Jason Sim said...
This comment has been removed by the author.
Jason Sim said...

Hi Hng,

Any divvy stocks to recommend or your currently holding? Thanks

hng said...

Jason Sim

Dividend stocks: Wing TM, GAB, Cheetah, Glomac.

alwayswin111 said...

Hng, Horse
Thinking of buying TAMBUN or E&O tomorrow, any views on these two. Also interested in Dialog and Bursa

alwayswin111 said...

Hng , Horse
EAH seems to be bottoming around 0.155. Bought some today and yesterday.

alwayswin111 said...

Hng , Horse, Teng
Woah... Woah.. Dow jones down a lot.... ,,,,!,,,

Teng said...

Alwayswin111

Nowadays Dow's influence on Asian stock is less now

Teng said...

Sold Astro at 2.77. Slim profit

Teng said...

Bought IGBReit at 1.34.Hope to pick up more if price trade lower

hng said...

Used my avaialble trading limit to buy Astro at 2.78, UEM Land at 2.01

hng said...

Sold off UEMland at 2.06, realize contra gain first

ted said...

Hi,
I am wondering how do you make money buying selling with a profit of 1-2 cents when brokerage would have taken all of it.Looking at IGB reits for long term appreciation plus higher than fd interest
Thanks

hng said...

Sold some yesterday Amedia at 33sen, realize contra gain first

hng said...

Sold off Astro at 2.81, realize intraday gain frist

Teng said...

Hng

I sold Astro at 2.77 and you bought 2.78. LOL

Horse applied IPO at 3.00 and he dared to go in at 2.72 yesterday

hng said...

Sold remaining Amedia at 33sen, realize all T+1 contra gain

Gark said...

Amedia action again, 5000 lots per transaction buying from market, similar to previous transaction. The CEO continue to up it's stake??

hng said...

Gark

I don't think the buying spree is from CEO, as it have some personal financial management due to he personal court case.

If one look back Amedia historical chart, current share price almost reach its hard rock bottom level. Technically, Amedia should be rebound due to RSI oversold.

However, current level also is about time to accumulate ahead of next rally, especially for its free warrant and bonus

hng said...

Gark

Amedia has become largest stake in my portfolio, invest 200k on it already at average price 33.5sen (excluding today T+1 gain). I'm looking for multiple 5D profit on it

Teng said...

Hng

Sure you can meet your target for Amedia.Reason because I also invested in it

hng said...

Teng

Thanks, lets wait and see

Gark said...

Wow, taking such a big bet...hopefully amedia can go back to at least 0.40-0.50. :)

hng said...

Gark

Amedia

Fundamental: NTA=30sen; strong balance sheet; recent 10% private placement at 38sen; FY EPS = 7.5sen; PE <4.5x.

Corporate development:
Catalyst 1: 1 free warrant + 1 bonus for every 1 exiting share

Catalyst 2: M&A, Jewel of the crown, license to live broadcast

Catalyst 3: Transfer listing to main board

Gark said...

In the books Amedia have almost 30 mil of 'other' payables and 52 mil in capital work in progress which is not in the P/L. This I assume is for the DTTS project or it could be capital replacement cost for it's led screens.

This is the only concern, as if things are not right, the P/L will be revised into loss.

cheeheng said...

horse

follow u,bought IGBREIT @1.34 ...:)

hng said...

Gark

Amedia DTTS need a lot of capital expense, but it also enhance its competitiveness in long term. Amedia expect all DTTS to be able to commence commercially by end of these year

OneX said...

Horse
Have you bought a tablet? Apple intoduce a new Ipad and Ipad Mini. Soyacincau did a comparison with other android tablet.

hng said...

Bought YTL Power at 1.59

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