Thursday, January 3, 2013

Sold My ALAQAR ^^



1. ALAQAR - Sold all at RM1.35. ^^ DPU likely to be announced next month.

2. WCT-WB - Bought in today at 0.35 and sold back at cost. Lose fee. :( CK, you haven't received your units yet ? Just saw the announcement, tomorrow another batch. :(

3. Watch List - CCM, IGB, YTLP-WB, WCT-WB, MBFHLDG

4. Tomorrow should be another good day to accumulate hopefully. ^^ All the best guy, may the best price be yours always. ^^
 
5. Good Luck.

51 comments:

ck5354 said...

Horse,

Yes, not yet in my account WCT. Sipeh slow.

What about YOU???

cheeheng said...

horse

since u like to scalp reits why not scalp Stareit? div. announcement next 2 wks. likely between 4-4.5 sens.

ck5354 said...

Horse,

Just checked my CDS. Masuk liao WCT.

Teng said...

CheeHeng

Stareit pay about 4 cents dividend last year. I think last year payout was higher because it sold some derivatives from disposal of Lot10 and Starhill to Spore associate.If Starreit can pay 4 cents this or next month,it is very attractive

I-®on said...

Anyone check on KASSETS FOR THE CASH DISTRIBUTION RM2.60 ?

Jeffrey8568 said...

Hi all,

CCM under selling pressure, seem 95-96 sen is current support base.

hng said...

WCT also under selling pressure, i think due to quick profit taking by warrant converter. The discount is getting much lower now

hng said...

Jeffrey8586

CCM volume much lower now, it remain to see whether it could hold the gain or back to square.

hng said...

GW plastic surge to it capital repayment level at 1.19 after it intend to maintain listing status. So, shareholder will not only entitle repayment of 1.19, but their shareholding also remain intact await new assets injection

hng said...

If YTL Power can stay above its MA50 level at 1.62, the upside trend potential will retain. Its next level will be MA100 at 1.68

LG said...

Jeffrey,

CCM price for toeday is expected.. I beleive it's mostly selling on T+3 today

hng said...

It look like WCT-WB is also under selling pressure as the discount is getting smaller now. If trade below 30sen, i'll consider to buyin some

lg said...

hng,

what do you think of wct-wd compared with wb?
thanks.

hng said...

Ig

I still prefer WCT-WB, its still trade at discount. But must caution not to over trade and must buy at lower price to get safety margin

hng said...

Bought back CCM at 96.5-97.5sen

ck5354 said...

q sell wct at 2.30.

If manage to sell this mean my wct-wb I sell at 2.30 - 1.85 = 0.45

Hoo La la.

I will convert again next week.

ck5354 said...

done, another half see can q 2.33

cheeheng said...

teng
according to this article in The Edge Financial Daily Starhill REIT’s latest proposed acquisition of three five-star hotels in Australia is expected to be earnings accretive and result in higher income distribution to unitholders. Three Marriott hotels in Australia for A$415 million The properties — managed by Marriott International, a leading hotel management and franchising company — are all freehold and situated within the commercial business districts of Sydney, Melbourne and Brisbane.

The three hotels are valued at A$415 million combined, or about RM1.31 billion at the current exchange rate. Starhill REIT is working its balance sheet harder. As at end-March this year it only had RM180 million in borrowings and cash of RM145 million or net gearing of just 2%. The trust intends to fund the entire purchase with borrowings and existing cash. No new units will be issued. Thus, existing unitholders will get the full benefit of the additional net earnings.

We estimate net gearing will rise to about 44% upon completion of the exercise, below the maximum 50% for REITs. The deal is targeted for completion by end-2012. This means we should see at least six months’ earnings contribution from the new properties for the trust’s financial year ending June 2013 and full-year impact in FY14. Based on our forecast, income available for distribution will rise to 9.41 per unit for FY13 and 11.68 sen for FY14, compared with our original estimate of 6.9 sen per unit.

This translates into very attractive yields of 9.4% and 11.7% for the two years at the prevailing price of RM1, assuming 100% payout ratio — the highest among all locally listed REITs.

cheeheng said...

teng

btw, i manage to grab some Stareit@1.09 on Monday. nice :)

ck5354 said...

HORSE,

U got ur WCT????

want to check nominee faster or direct faster???

MarcB said...

chee heng,
I concur to you regarding the finding on Stareit. I think it is a good buy now looking at the potential net profit increase from the 3 new properties.

I am holding some @ 1.1. A little on the high side though :P.

Just started to join this blog and hope to able to learn from everyone here and of course HUAT together!!!

Teng said...

CheeHeng

Thanks for the info

I bought Starreit in 2009 at cost of 73-80cents. I already received >20 cents in dividend.

Starreit is now of of my biggest holding in my portfolio

cheeheng said...

teng
wow, keep it fr a few more yrs n it'll be like free!

Teng said...

Cheeheng

Actually Atrium Reit and Axis perform better. Remember I bought Axis at 1.37(Sold <1.50) and Atrium at 68

cheeheng said...

teng

speaking of Atrium n Axisreit i also hav both,the latter which i bot years bck at 1.29 ! :)

cheeheng said...

marcB

neveramind,this one's 4 long term. if it the goes lower buy moRe!

Teng said...

Cheeheng

Wow,you got Axis in 2009?At that time,DY is >10%. In fact most Reits offer min 7-8% DY. I bought Bsdreit,Axis,Atrium,Alaq but sold all for profit. Now keep Starreit,Twrreit,UOAReit only

cheeheng said...

Teng
can't r'mber the yr i bought Axis,only the price.luckily i did not sell it.

ck5354 said...

How to convert wct-wb to wct.

http://ck5354.blogspot.com/2013/01/wct-wb-sell-at-045.html

For all of you that interested to convert.

hng said...

ck5354

LTH currently is major support to WCT share price. Thus, converting warrant now still viable to make 30% based on warrant price or 5% based on total capital investment.

ck5354 said...

Kamsia Hng.

Hope it will not bashed down to 2.20.

Jeffrey8568 said...

Thanks Hng & LG for your comment on CCM. From the queue volume,look like the SM is accumulating before the next push up > RM1. Hopefully this is true. Still holding CCM bought on 31st Dec.

lg said...

Hi Jeffrey,

Delayed update on my holding - sold some yest at 1.00 and still holding some.

Jeffrey8568 said...

Muhibah look attractive at current price.waiting for catalyst and volume before entering.

http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=228575&Itemid=170

hng said...

Bought Cypark at 1.65

ck5354 said...

sold all at 2.30 wct.

Jeffrey8568 said...

AMedia-W start listing next Tuesday!

ASIA MEDIA GROUP BERHAD

LISTING'S CIRCULAR NO. L/Q : 66855 OF 2013

Pleased be advised that AMEDIA's 250,800,000 Warrants issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing of and quotation for the Warrants on the ACE Market will be granted with effect from 9.00 a.m., Tuesday, 8 January 2013.

hng said...

With Kassest declare capital repayment of 2.60, IGB being the largest shareholder will entitle most of it. IGB will turn into cash rich company as much as net cash RM 1.00/share

hng said...

Both YTL power and WB turn better position now, if YTL Power can stay above MA50 of 1.62, it will resume uptrend.

Jeffrey8568 said...

H'ng,

Any idea what would be fair value for Amedia-W based on mother price of 20.5 sen.?



yh said...

YTLP seems good... i'm in @ 0.45.. thks for sharing :)

hng said...

Jeffrey8568

I think Amedia-WA should be able to trade above 5sen

Teng said...

CK

If Amedia WA >5cents,then 21+21+5=47 cents is same price before ex bonus

hng said...

yh

YTL Power manage to stay above MA50 and closed unchanged at 1.64. Very good sign it will resume uptrend next week. If share surge on news either privatize or divestment on local power plant, it will subject to re-rating, upside TP 1.80-2.00; and YTL Power-WB TP: 60-80sen.

hng said...

Today, portfolio also manage to accumulate more Acoustech at 63sen

yh said...

hng

thanks again hng. Appreciate.
i wont be able to catch up YTLP without u guys analyst... there are too many counters out there to monitor/study... i will bear my own risk. lets huat ;)

Jason Sim said...

@Hng,

Any good news on Acoustec? The volume looks very thin.

hng said...

Jason Lim

Acoustech is cash rich company, its net cash is 38sen/share, with estimate EPS at 6.5sen, PE 10x, Acoustech afford to payout most of its earning as dividend.

Normally, Acoustech will declare dividend in Feb together with its Q4 result, if Acostech maintain last year payout 5sen TE, the dividend yield is 8% nett

hng said...

yh

You welcome, Lets 'HUAT' together

Teng said...

Jason

Allow me to brief on Acoustec

Acoustec( and Formosa Prosonic)are Taiwanese owned company.They mainly produce coating( paint) for electronic device( TV,speaker etc). Their technology is from Japan(licensing)and main customers include Sony.

If I rememeber well,Acostec is in net cash position,and also diversify into drinking water dispenser

My company supply raw material to Acoustec's technology partner in Japan

Jason Sim said...

Hi Hng & Teng,

Thanks for sharing Acoustec profile.

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