Wednesday, March 27, 2013

Sold All My STAREIT ^^



1. STAREIT - Sold all my Stareit at RM1.09. ^^ Further reduce my holdings. ^^

2. YILAI - Further reduce my holdings on this as well. ^^ Sold at RM0.845, but bought them back at RM0.84 and bought even more at RM0.83. Too attractive at this level. ^^
 
3. YTLPOWR - Closed 1sen higher at RM1.46. Seem like Ytlp is buying back at last minute and pushing the price up slowly. ^^ Hope tomorrow can go back 1.50 level. ^^
 
4. MKLAND - Getting steadier each day. Hope it can surge high one day. ^^ Mkland owns quite a big piece of landbank about 150 acres near Damansara area. I reckon this is a prime place and with current valuation of land, it will turn out a good profit in the near future to come hopefully.
 
5. Watch List - YILAI, YTLPOWR, MKLAND, STAREIT, TIMECOM, MBSB
 
6. Good Luck.

21 comments:

Maria^^ said...
This comment has been removed by the author.
hng said...

Sold off all WCT-WC at 43-45sen, realize handsome paper profit

Teng said...

Hng

Congratz.

Renovation completes or near completion?

hng said...

Teng

Already near completion. But the actual move in will be on May.

ck5354 said...

congra hng,

do come here more often.

cheeheng said...

hng

well done on wct wc.

cheeheng said...

hng

looks like TMS's starting to move. R u still holding this one?

ck5354 said...

hng,

what is the possibility of KHSB privatization deal cancel???

Thank you.

Teng said...

Horse

Starreit suddenly hit 1.10 today

Think it is safer to trade REITS now( actually always safe).See you make good money with IGBReit,Alaqar

horse said...

No trading from me today. :(

hng, congratz on your new house reno & wct-wc. ^^

Teng, yes, you are right, it is always safe to trade on REITs. I try my luck again on STAREIT & ALAQAR tomorrow. Hope can make some quick money before GE. ^^

Good luck to you guy. ^^

hng said...

cheeheng

I still retain my holding on TMS, no choice but have to hold longer till its Q1 result release which will include viewnet contribution.

hng said...

ck5354

KHSB still suffer market uncertainty as it is awaiting the final S&P agreement to be signed. Political influence also is a risk ahead of GE result, which may lead to change in gov.

hng said...

Portfolio now concentrate on both Timecom and MBSB as wining stocks. Both are due to declare share dividend in species and bumper special cash dividend, respectively

hng said...

1. MBSB:

Final dividend 9sen + special dividend 18sen = 27sen

2. Timecom

Share dividend: For every 25 Timecom share, entitle 6 Digi share. Based on current Digi share worth 4.72, Every timecom share will entitle shareholder RM 1.13 or as much as 28.5% of current Timecom share of 3.97

cheeheng said...

hng

in other words, every 1000u of Timecom gets 240u of Digi shares.

hng said...

chengheng

Yes, right. High court already approved and now is awaiting Timecom to declare the date of entitlement

Teng said...

MKland is selling RM200-300Mil worth of land in Selangor and Perak.Hope next FY MKLand will continue paying dividends

cheeheng said...

Timecom set to break RM 4.00 resistance.

hng said...

cheeheng

I think Timecom should have no problem at all to hit more than RM4 as distribute Digi share is more than RM1 worth. Target price RM 4.60-5.00

ck5354 said...

Hng,

WHY KWAP keep disposing TIMECOM share???

If the dividend in species is so good.

Weird.

hng said...

ck5354

There are many reason fund manager need to dispose share despite knowing it is undervalue.

1. To rebalanced portfolio
2. To meet income payout for their unit holder
3. To realize handsome paper gain
4. To meet gov policy to cut down stock holding and improve market liquidity.


Also bear in mind, KWAP also much like EPF sometime make mistake and cutdown stake for unknown reason. EPF have decisively create selling pressure and sending CCM share to record low which is now rebounding more than 40%. Again no one in EPF take responsibility and accountability and as EPF contributor have no word to accuse them at all.....

Related Posts with Thumbnails