Tuesday, December 4, 2012

Scalp On ARREIT Today ^^

 
 
1. ARREIT - Just ex today. Sold at 0.915 and bought back at 0.905. 1sen profit. ^^ also entitle the DPU. ^^
 
2. WCT-WB - WCT drop back, can't break the 2.80 barrier. :(
 
3. SPSETIA - Slide back with profit taking. :(
 
4. AMEDIA - Congratz to hng and those that make profit on this. ^^
 
5. Watch List - WCT-WB, SPSETIA, AMEDIA
 
6. ELK - Closing date on 6/12/2012. I will be apply this IPO. Wish me luck.
 
7. CK, I go to Malacca Securities website, the 0.05% brokerage is very attractive. ^^ Will be applying my trading account with them. ^^
 
8. Good Luck.

136 comments:

tcg82 said...

hng/horse,
time to take a look at 0029 ? digistar got news on right/warrant issues

horse said...

tcg82,

Better stay out, company in loss. :(

hng said...

Just sold off all Amedia at 42sen

alwayswin111 said...

Horse
Congrats on Arreit.
I really don't know how you manage to scalp so well . Chart wise this counter would have been a ... No no .. For me...
Expertise ya???? Beats chart , everything .. Good job

hng said...

Take partial profit on WCT-WB at 30sen first, realize handsome paper profit

Teng said...

Hng

SP Setia and its warrant trading volume very thin since yesterday.Is it good or bad sign?

hng said...

Sold off all WCT-WB at 30sen, realize multiple 5 D paper profit

hng said...

Bought Uchitech at 1.14

hng said...

Teng

I think there is market maker try hard to press down SP setia

Teng said...

Hng

Yesterday I bought Setia WB 17-17.5sens and sold before market closed at 17.5.Still keep batch bought at 19 sens

This morning bought back again at16.5-17sens

hng said...

Teng

SP setia is due to announce its Q4 result by next week, which will cum announcement of its final dividend, expect to be 9-10sen

Teng said...

Hng

Hope ex dividend is after Feb 2013 so Setia share will not be adjusted before warrants expire Jan 2013

hng said...

Teng

SP setia normally will proposed final dividend in Q4, but the official announcement on ex-date and entitlement dat will only make sometime in Mac

james said...

hng, u not buy wb anymore? some says it worth more than rm0.40, tomolo we will see how it go.

hng said...

Continue bought more Uchitech at 1.14

hng said...

James

Ha! better for me to realize these handsome paper profit first due to own portfolio readjustment back to dividend oriental stocks

james said...

some says wct-wb worth more than 40cents tomolo...so y u not hold some? or u think it will reach tat price?

hng said...

James

I'm sold off at 30sen, so to lets others profiting as well at 40sen.

hng said...

I've used off all margin line free from WCT-WB and swap all to accumulate Uchitech at 1.14

cheeheng said...

hng

good pick,uchitec,cum 5 sen t.e div. bot it last wk also @1.14

Jason Sim said...

Hi guys,

Mind sharing how do you gain by a mere 0.01 cents?

Why SPsetia is dropping so much? Matched at 0.17. Ouch

horse said...

hng,

wow, congratz !!!
happy for u. ^^
laughing all the way to the bank. ^^

horse said...

thks alwayswin ^^

Jason - low brokerage will be able to achieve that. understand from ck that malacca securities has the lowest rate.... 0.05 only. ^^

Jason Sim said...

Hi Horse,

I tried using the P/L calculator in Jupiter and key in buy 500 lots at 0.9 and sell at 0.91 the profit stood at RM336.60 with a cost at RM45k as capital which translates to 0.75%

That's a lot of capital involved.

horse said...

10000 0.9050 9,050.00 2.715 10.00 9.05 9,071.77
10000 0.9150 9,150.00 2.745 10.00 9.15 9,128.11

above buy & sell figure. 9128.11 - 9071.77 = 56.34 profit.

james said...

i think malaca securities charge per transaction eventhough same stock. soli if i wrong.

james said...

from malacca securities, "Brokerage fee of 0.05% per contract or minimum brokerage at RM8, whichever is higher".

is it mean if i buy 10 times wct-wb, they charge me 10 times RM8???

tcg82 said...

horse,
thanks digistar din realise recent results was 1st loss in 20 quarters; ok avoid
amedia egm approved bonus/warrant today; can still rumble tomolo?
uchitec am eyeing this since proposed 5sens, good choice

horse said...

james,

DOn't think it is per transaction, should be per counter, if i buy 10 time WCT same day, all should lump as one.

hng said...

horse,

I think you must recommend your broker to Uchitech as it only want to buyback only 1 lot share at 1.16 (RM 116), but costing it to as much as RM157.04, brokerage at RM41.04 !?

alwayswin111 said...

Horse
Do you intend to buy IGBREIT tomoro ?

Arthur said...

Hi guys, jus wanna ask how did u guys find out about what stocks to focus this week or month? like of all the hundred of stocks how did u guys managed to research on some particular stocks? any tips to share?

Jason Sim said...

Guys,

Do you still hold spsetia-wb?

Teng said...

Jason

For me,yes. Now no eye see

hng said...

Bought more SP setia at 10sen, average down holding cost

Jason Sim said...

Teng,

What happened? The Battlesea project no more? Hmmmm

Teng said...

Jason

Don;t think is Battlesea issue.Just market player want to push price down

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

Teng,

Wise to average down at the moment or wait for rebound and cut?

hng said...

Bought more SP setia at 10sen, once rebound easily can double up

Teng said...

Jason

Hard to advise whether to average down cost. Hng just bought at 10 sens.I also bought some quantity at 10 sens

If SP Setia rebound back to 3.20 or higher ( FY out soon),WB will worth 15-20 sens

Again,buy at own risk

Jason Sim said...

Thanks Teng. Will buy at own risk

Teng said...

Jason

I think at current level of 3.05,it is quite safe to buy SP Setia

Teng said...

Hng

Do you know last trading day for SP Setia WB?

Jason Sim said...

Teng,

Spsetia or the wb?

Spsetia wb Expiry on 21/1/2013

Teng said...

Jason

I mean Setia WB. Normally warrant will be suspended few days before expiry date. Correct me if I am wrong

hng said...

Teng

The trading of SP setia will suspend 1 week before expire date to facilitate warrant holder conversion to mother share

Teng said...

Hng

Thanks.It will be around Jan 15. Have to race with time for Setia mother share to rebound

hng said...

Teng

In upcoming Q4 result, we can examine whether SP setia indeed meet its target sale 4b, which further increase its total unbilled sale to more than 6b that ensure at least 2-3 year earning visibility.

If there is year end window dressing, SP setia will be in focus.

In addition, SP setia currently is the midst to acquire more and more landbank and to fund mega project battersea in UK, it must ensure it warrant in money enable to convert to share and raise these much needed fund.

alwayswin111 said...

Arthur
Is this your first time to this blog. It's your lucky day. Great sharing here particularly from Horse (blog owner), Hng and Teng.
Early Xmas present..

Teng said...

Hng

Agreed.Normally mother share will be pushed up so warrant holder encouraged to convert

hng said...

Lets look back WCT and WCT-WB current share price, some may argue why WCT-WB didn't go up to 40sen since its conversion price will be adjusted to 1.85, here are some of risk i can think of:

1. Upon new WCT share listing from bonus issue, WCT share may under selling pressure.

2. Upon new warrant, WCT-WD listing, the old WCT-WB and WCT-WC may under selling pressure.

3. Upon WCT-WD listing, WCT itself also may under selling pressure as WCT-WD offer alternative and cheaper exposure.

4. Since the gearing is high, about 9x, each selldown in WCT share will exaggerate in WCT-WB.

hng said...

However, it after bonus and WCT-WD listing, WCT still retain strong momentum or share price just mildly affected and share price stabilize. We can off course re enter WCT to capitalize price gap between WCT-WB and WCT

hng said...

SP setia back to unchanged, can WB follow.....

Teng said...

Hng

I think actual trading value for WCT WD will be higher than theoritical value of 10 ( or 11sens). If we use 20% premium,WD will worth about 25 sens

Teng said...

Hng

As you wish

Gark said...

Today WCT falls less than expected after ex BI, WD. But WCT-WB is under selling pressure. The ex-price of WCT-WB will be announced on 10th Dec.

Anyway bought more at 0.295... wish me luck :)

Gark said...

Based on the selldown of WCT today at 6 sen. Traders are valuing WCT-WD to be worth at least 6x5 = 30 sen.

Teng said...

Gark

I thought revised conversion price for WCT-WB fixed at 1.85?

Gark said...

Not yet.. announce will be on 10th Dec, as it is the listing date for WCT-WD. As of today ex-price is still 2.50.

Chocoanut Production said...

too busy today did not monitor stock just now... I will queue to buy more SPsetia at 3.03 IF it drop again. I am still holding average 3.01 SPsetia.

ck5354 said...

dear all,

my baby boy was delivered this morning.

newbie said...

Hi,all,
Spsetia Wb's excercise price is 4.48 and the maturity date is 21/01/2013.What is the possibility Spsetia going up to 4.48 from now til then?And the upcoming dividend as well?Think u all should be careful and to take note of the dates.

hng said...

ck5354

Congratulation, welcome and enjoy fatherhood life :)

hng said...

newbie

SP setia conversion already adjust to 2.99 last year after bonus issue

ck5354 said...

kamsia hng, this is my 2nd one,

my 1st one is a girl

hng said...

ck5354

Good to you, i have two boys and plan to have 1 or 2 more to enlarge my family member :)

cheeheng said...

ck5354

congrats on ur 2nd baBy :0

Jason Sim said...

SP Setia slips, investors await more details of RM1b project

http://biz.thestar.com.my/news/story.asp?file=/2012/12/6/business/20121206094915&sec=business

newbie said...

Hng,
Sorry for the misinformation.Wanted to help but ended up giving wrong info instead.Bursa website did not state the revised exercise price.Only a call to the registrar confirmed it.Though I have no stake in this,apologies are still forwarded to anyone who is affected.

Gark said...

WCT-WB is having large selldown... although the mother share is not moving much.

Derick said...

ck5354

Congrat !! :-)

alwayswin111 said...

Hng
Congrats.

alwayswin111 said...

Haha
Sorry , I mean ck5354 congrats..

hng said...

Newbie

No problem, you're just show your concern. Welcome your input.

hng said...

Hi all

Can anyone of you know any possible that company private placement will resulting adjustment in warrant exercise price!?

I know company will adjust warrant exercise price if there is bonus or new warrant issue, but kulim also say it will adjust exercise price if it payout special dividend.

SP setia already secure approval for private placement of 15% in last EGM, but have no mention adjustment in warrant exercise price.

Teng said...

Hng

To my understanding,there will be no adjustment for private placement,same for ESOS.

hng said...

Teng

OK, hope SP setia and WB can hold on till its release Q4 result.

Paranoid said...

Congrats !!!

Teng said...

Bought SP Setia at 3.03

Chocoanut Production said...

i queueing for more 3.01 spsetia....hope can get...

Chocoanut Production said...

ok....got my units at 3.02....huat lah 12/12/12

hng said...

Bought ultramaximum SP setia at 3.00

Chocoanut Production said...

wahhh....congratsssss....

Arthur said...

alwayswin,

yeap my first time here .. came across this blog when i was searching for news on wct. But guys, seriously how did u guys managed to get so much info? im a starter here

Jason Sim said...

Hng,

Hope the spsetia results good for a rebound.

tcg82 said...

hng/all,
spsetia when is their 4Q results out? should be this week right?

ck,
a pair now bravo and many congratz

alwayswin111 said...

Horse
Congrats... Tenaga finally break 7.00 resistance. What do you think of drbhcom?

alwayswin111 said...

Hng
3.00 is the gap support for SPSETIA

ck5354 said...

spsetia results should be next week,

estimate on 8 or 9 december plus minus 3 days.

hng said...

Use availble trading limit, buyback WCT-WB at 31.5-32.5

ck5354 said...

why wct-wb suddenly up???

Gark said...

Gooooooo WCT-WB.. :)

Gark said...

CK,

WCT-WV announcement yesterday say convert price will be revised on 11/12...:)

ck5354 said...

kamsia gark

hng said...

Sold off all yesterday SP setia at 3.02-3.03, realize marginal gain, free up margin line

hng said...

Sold off all WCT-WB at 34-35sen, realize another 5D intraday GAIN

hng said...

Sold off all previous SP setia, all at 3.02, realize paper loss, which is easily cover by today gain in WCT-WB and free up all margin line

Teng said...

Hng

You still hold SP Setia WB?

Gark said...

Wah.. gratz hng.. you earn many many 5D profit from WCT-WB already.. year end bonus. :)

hng said...

Bought Amedia at 40.5sen

ck5354 said...

bye need to send lunch for my wife

hng said...

Teng

No more, these morning also sold off all SP setia WB at 10-10.5sen, realize big loss, to focus back to to play contra on WCT-WB in order to cover loss

hng said...

Gark

These round of 5D from WCT-WB in actual is to offset loss incur from SP setia-WB

hng said...

ck5354

Wish your newborn baby happy and healthy :)

horse said...

CK,
COngratz on your new born baby.
Happy birthday to your baby !!!

horse said...

Hi All,

I have sold TENAGA at RM7.00
Bought more WCT-WB at 0.285 yesterday. Sold back at 0.295.

Today, i selling more WCT-WB...^^

Laughing all the way to the bank.

hng said...

The main reason to disposed off all SP setia and WB despite at big loss are SP setia private placement issue. These round of private placement entitle investor to up to 10% discount based on 5 day average price. I think this is a main reason the selldown on SP setia has never stop as fund manager will press down current price severely in order to subscribe share from private placement

horse said...

hng,

condolence to your SPSETIA. :(

Lucky you have WCT-WB to cover.

Don't depair, this is just unfortunate there is such placement else it will be otherwise. Good Luck.

hng said...

horse

I'm indeed disappointed that i have to cut loss on SP setia and WB due to untimely private placement. Based on current SP setia price of 3.02, its wb already at high risk. I afraid that if the private placement of 15% issue at 2.80 (7% discount), its WB will be worth nothing........

horse said...

yea, better safe then sorry.
A quick and correct decision making there will avoid you getting bashed badly in stock.
Nice move and great sense toward sensitivity of a stock movement.
This gifted sense in turn an advantage to you. ^^

horse said...

i am queuing more IGBREIT at 1.32. ^^
Good luck.

hng said...

horse

Nowadays, better opt for more conservative stand expecially year end soon and soon begin of challenging 2013, THE GENERAL ELECTION

Gark said...

Bleh... wish i have the guts to cut loss.. I still keep some stocks at large losses, which is still in my portfolio for 2-3 years already...

Teng said...

Horse

You may want to take a look at UOAReit as well. DY wise,it is better than IGBReit.10sens dividend VS 6+ sens for IGBreit.UOAreit trade at 2-3 sens above IGBReit now

Negative for UOAreit is office over supply now.But most UOAreits properties are in good location

hng said...

horse

Uchitech is slowly move up, hope it can surge up to 1.20 once the dividend is announced.

However there is risk on Uchitech also as its pioneer status which allow uchitech enjoy tax free commence from Jan 2008 will be end on Jan 2013, which mean next year onward Uchitech earning is subject to gov tax 25%, resulting its EPS reduced accordingly by 25%.

Nevertheless, as Uchitech is very focus on R&D, its pioneer may grant extension of another 5 year by Mida, which if materialize will get rid of these risk.

horse said...

thanks hng.

In fact i am queuing 1.13 the other day but not done, maybe need to move up a bit at 1.15. ^^

Gark said...

If IGB at 1.32.. should be able to get 5% divvy based on 100% payout?

horse said...

Thanks Teng.

FOr now IGBREIT is meant for my scalping only, i have load of them already. Just checked my order at 1.32 matched. ^^ Will sell at 1.33 soon. ^^

hng said...

horse

Its wise move o scalp trade to earn some profit everyday if possible. After all, we as retail investor have limited capital to keep load share, thus, after accumulate particular stock as core holding, the extra share shall focus on contra trade to profiting even at small margin.

Derick said...

Hng

Thanks for the analysis for the Spsetia. Really have to learn from the cut loss. Better save the balance bullet for other share. Thanks . Cut loss now is better than later.

alwayswin111 said...

Hng
Thanks for info. Yes stop loss is very important. I have no problem with that. If a trade does not work to our expectations, then better exit. There is always another trade ..
Horse
Continue to prosper with your scalping..

hng said...

alwaywin111

We as retail investor/trader always has option to anytime buyback those sold stock if supply and demand change trend.

hng said...

Amedia start moving, the entitlement for bonus and free warrant should be due to announce soon

hng said...

Yes, Amedia at 42.5sen

alwayswin111 said...

Whoa AMEDIA moving again...

hng said...

alwywin111

That is benefit of being retail investor, buyback anytime and reap multiple time profit on wining stock

hng said...

Amedia, 43sen now

alwayswin111 said...

Looks like will test nov high of 0.465

Arthur said...

why is wct-wb still trading so high despite trading at premium above 20%?!

ck5354 said...

arthur,

pls read this.

http://ck5354.blogspot.com/2012/12/why-wct-wb-share-price-up.html

hng said...

Arthur

WCT-WB exercise will be adjusted to around 1.85 next week, after the book closure for WCT bonus and new warrant

hng said...

Arthur

Although there is gap price of 16sen between current WCT price of 2.35 compared to WCT-WB warrant price of 34sen + adjusted conversion price of 1.85, but trade caution as WCT itself may under selling pressure once bonus and free warrant is listed

hng said...

Amedia TOP VOLUME

md Y said...

hi, quite some time i posted comment to this site. you guys are great in market. today was my lucky day. 3 contra trade. haha. the best was on amedia. bought at .405 sold all at .435 and bought back at .425. hopefully good news come out. if not die

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