Thursday, May 30, 2013

Day Trades : Sold STAREIT ^^

 
Day Trades : 31/5/2013
 


1. STAREIT - Sold all STAREIT at RM1.11. ^^

2. IGBREIT - Sold more at RM1.37. ^^ Left very small units now.

3. PUNCAK - Bought more at RM1.73. ^^

4. ARREIT - Bought at RM1.02 & RM1.03 respectively. ^^

5. Watch List - PUNCAK, TIMECOM, MPHB, BREM, PBA, OKA

6. MPHB-OS - Listing at 0.31sen. Hope to go limit up again tomorrow. ^^

7. Good Luck. !!!

Day Trades : 31/5/2013

1. PUNCAK - Sold at RM1.76, the batch that i got it at RM1.73. 3sen profit. ^^

2. IGBREIT - Bought more at RM1.35. ^^

3. FABER - Just announced 10sen dividend, likely will surge higher come Monday. ^^

4. Good Luck.

19 comments:

Derick said...

Hng
Base on the mutual agreement for the KHSB is on 29 MAY or earlier. What going on now ? Will it be cancelled ? Or pending to announce soon ? Thanks

Teng said...

Trading account in Malacca Securities is now active. Transfer some fund to it( online).See how fast they allow me to trade

Teng said...

Sold Puncak at 1.78 for quick contra gains

hng said...

Derick

KPS already sign SPA with KDEB to divest its stake in KHSB for 76sen, subject to revision of up to 10% increment based on valuation report which has already completed on 29 May. I think now, the management are looking at the valuation report to assess its validity and should be due to disclosed detail once final decision has reached at board meeting.

If you look at KPS latest financial report, KHSB stake already classified as available for sale assets, amounting to RM 850m. Even on surface KHSB only value for sale at about RM 190m, but the actual amount to be recognized in KPS account will be as much as RM 850m (net one off gain of about RM 480m), due to write back previous provision and inter company debt settlement. The amount of RM 850m is now pending to be recognized now and should be able to record in KPS next quarter result.

cheeheng said...

bought KLCC @ 6.80

Derick said...

Hng
Thanks so much !

horse said...

Sold my Puncak at 1.76 for the batch gotten at 1.73.^^
Will post my trades this weekend.

horse said...

Sold my Puncak at 1.76 for the batch gotten at 1.73.^^
Will post my trades this weekend.

cheeheng said...

KLCC GOOOOOOOOOOOOOOOOOOOOOOOOOO!

alwayswin111 said...

Cheeheng
Your KLCC going up...

cheeheng said...

alwayswin111

ya,but Faber up only 2 sens.Kfima reported lower pfts but declared higher dividends.(2011- 8% less 25%, 2012 - 3.5 sen less 25% & 4.5 sen single tier). Ok lah. :)

cheeheng said...

bought AWC@ 0.26

Teng said...

CheeHeng

AWC totally new to me.What is their main business?

cheeheng said...

Teng

AWC's 3 main core business is Facilities Division,Environment Division and Engineering Division.Of the 3,Facilities Division generate the highest revenue and profits followed by Environment Div. and Engineering Div. Principal income from Federal Government integrated faciiities management sen/ices concession under its Facilities Division shall continue to sustain a stabie and consistent stream of turnover to the Group throughout the remaining period of the concession. Environment Division
Revenue and profit for the Environment Division is closely pegged to project income from contracted onshore and offshore projecis which is highly correlated to:
(a) The economic prospects and development of the offshore regions in which it
operates principally in the Middle East and Singapore.
(b) Project risks such as delay in progress and completion of projects which may also
result in lower revenue recognition leading to an adverse impact on the financiai performance of this Division.
In addition, the Division is also exposed to foreign currency risks of its operating regions such as United Emirates Dirham (which is closely pegged to United States Dollar) and Singapore Dollar.
Considering the inclement economic climate in the Middle East, the Division shall focus on building its order books in other developing and upcoming economies both abroad and closer to home.
Engineeiing Division
Performance of this Division is expected to remain closely pegged to the cyclical
construction sector in both Malaysia and Singapore which is highly correlated to the economic outlook and consumers’ sentiment under highiy chailenging market conditions.

Why I like AWC?
Bcoz it has Cash and bank balances of RM 48,855 and borrowings of RM 5000 only. That's 0.19 sen p/share.YTD already paid 2.5 sen in dividends.

Teng said...

CheeHeng

Thanks

AWC cash is RM48,855?based on share issued of 220Mil, cash is about 0.02sens/share?

cheeheng said...

Teng,

yup, u can check that in its latest quarterly rpt.( 3rd qtr). Bought it at 22 sens and sold it at 265 (20% pft. !)

ck5354 said...

any one here open mplus account???

Is it ok i be ur introducer???

I just need your full name.

Just need one more person.

Teng said...

Horse

Managed to sell all Starreit today at 1.12. Good enough for lunch this week

horse said...

Congratz Teng & CheeHeng. ^^

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