Tuesday, June 25, 2013

Day Trades : IGBREIT n PAVREIT

 
DAY TRADES : 27/6/2013
 

1. IGBREIT - Bought in at 1.32 & 1.33.
2. PAVREIT - Sold some back at RM1.48.
3. Good Luck !!!

DAY TRADES : 27/6/2013

1. YTLP-WB - Sold all at 0.45 & with very small quantity at 0.445. ^^ Profit not bad. ^^
2. IGBREIT - Continue to buy more at RM1.32. ^^ At this price it is super safe. Just whack as many as you can. Making 2sen to 3sen with volume is just easy for this guy.... ^^ So far, this guy has given me 100% winnings without a single flaw and more than 5 figures income. ^^
3. PUNCAK - Still keeping tight on this. ^^ Look like the surging is toward the tail end session, hopefully tomorrow the momentum can continue and surpassing RM2 mark. ^^ COngratz to hng on his gain on this. ^^ Me too, hope to gain BIG on this. ^^
4. Dow Jones most likely to start off with green. Hope for another good run for our local bourse KLSE. ^^
5. Good Luck & May the best price be yours always. ^^

62 comments:

Teng said...

Horse

You sold Pavreit at ~10sens loss per share?

Teng said...

UOA announce 12 cents TE dividend ex July 9. Also,RM2.09 is fixed as DRS

horse said...

Teng ,
I sold the batch bought at 1.46-1.47.

horse said...

Teng ,
I sold the batch bought at 1.46-1.47.

Teng said...

Horse

But you bought at around 1.57?

hng said...

Sold off all UOAdev at 2.23-2.26, realize mix contra gain and paper loss, resulting net loss

hng said...

Even with dividend delcared, UOAdev failed to perform largely due to sector derating attributed by BNM intention to curb property sector, expected raising interest rate, most property counter overplay and had surge ahead after GE.

Teng said...

Hng

You are fast. Have to learn from you to cut loss when necessary

hng said...

Teng

I've bought some MKland at 33.5sen, to replace UOAdev and hope to recoup my loss in UOAdev.

ck5354 said...

ytlpower betulkah this time???

Derick said...

Hng
May i know why you switch to another property stock which also in the risk of "BNM intention to curb property sector",May you share with us what is your thoughts ? thanks

horse said...

Teng ,
I m still holding those bought at 1.57.
Only those bought at 1.46/47 sold at 1.48

Teng said...

Horse

Ok,now I understand

Teng said...

YTLPower show strong buying interest.Too bad I sold my last batch monday at 1.55

hng said...

Bought more MK Land at 34sen

Teng said...

KPS GOOOO

hng said...

Derick

I swap UOAdev to MK land, mainly due to offset or recoup my investment loss in UOAdev. Although both are property counter, but MKland should have more upside potential than UOAdev.

MK land is trading at much large discount against its NTA (34sen vs. 93sen). If take into account RNAV, MK land net assets could be double of current NTA.

In turn of dividend yield, i'm expecting MK land to have gross dividend of 3sen, consist of first and second interim and final dividend, each 1sen totaling 3 sen, yield at 8.8%.

Derick said...

Hng
Thanks :-)

hng said...

Derick

Many retail investor are very confusing on what is reason of MKland share price keep press down by its second largest shareholder, kasi.

Lets me offer my personal possible explanation. Kasi initially hold about 25% stake in Mkland under personal account 11.8%; pledge to CIMB 6.4% and have two pledge account with Bank Mumalat, 3.8% and 2.5%. I'm suspecting that kasi MKland stake pledged at Bank Mumalat has disposing its stake progressively through open market as these bank is not like investment bank, seldom involve in share trading, may no longer accept kasi MKland stake as collateral. Based on latest kasi stake in MKland 19.8%, it could be the stake from its own account 11.8% + pledged under CIMB account 6.4%. With that, i suspect kasi stake in Bank Mumualat only left 1.6% only, which i think will be dispose off soon. Once the selling from Bank Mumalat ease off , MK land will start fly up (NTA: 93sen, RNTA: RM 2; dividend 3sen( first interim + second interim + final dividend)

Derick said...

Hng
Thanks ! Very details of the explanation.

hng said...

Derick

MK land RNTA of RM 1.56 is value give by Public invest, but in actual the RNTA is RM2.00, as it is indicated by MK land own management.

Whatsoever, current MK land of just 34sen is definitely under value, which i think is already floor price and well support by its high yield of 8.8% (presumably 3 sen dividend).

MK land still have a lot of tax credit in its retain earning which can be utilized to declare franked dividend. Any unused 108 tax credit will be lapsed by end of 2013. I think its wise for MK land management to fully use up its tax credit then.

hng said...

Sold off all KPS at 1.43, realize all paper profit

hng said...

Swap margin line from selling KPS to Puncak, bought ultramax Puncak at 1.85

karimaero said...


Very unlucky today...my rhbinvest has been down from morning......

anyone facing same problem?

Teng said...

karimaero

Understand your frustration . That is why I open Mplus account because Maybank Investment server is not stable. Everyday around 4.30pm always disconnection for few seconds very mins

karimaero said...

Teng,

I have Mplus account but I dont really like the interface. I prefer RHBinvest. But after their merger too many hiccups.....: (

ck5354 said...

Why EPF keep selling ytlpower share???

My retirement money all gone by this EPF main main.

Thursday, 27 Jun 2013

12:19PM EMPLOYEES PROVIDENT FUND BOARD (4,000,000 Shares Disposed)

Wednesday, 26 Jun 2013

5:20PM 2,599,900 shares purhased into treasury
5:01PM 2,986,900 shares purhased into treasury
2:28PM EMPLOYEES PROVIDENT FUND BOARD (3,000,000 Shares Disposed)

Teng said...

hng

your timing is perfect. Puncak up and KPS down

hng said...

Sold off all today Puncak at 1.92-1.93, realize handsome intraday gain

Ching said...
This comment has been removed by the author.
Ching said...

Horse/Hng,

Umcca has just annouced its 4Q P&L, profit down by 20% ,but meantime they have announced a net revaluation surplus of RM459m arising from their properties revaluation, which mean NTA increase by RM2.24/share ( from RM5.20 to RM7.52)& also a interim dividend of 11cents.
How do you think this would affect their share price?

horse said...

Congratz hng. ^^
Starting back yr profit engine again^^

horse said...

Ching,

UMCCA - Worry not. Just keep it for long term. The revenue remain intact, should not be an issue i believe.

All, posted my trades on the same thread. ^^ Good Luck.

Teng said...

Horse

I still hold on to IGBReit bought 2-3 days ago at 1.31-1.33( mostly 1.32/33 with small quantity at 1.31)

Sold IGB today at 2.42. Bought at 2.37-2.38

horse said...

Teng,

COngratz to your IGB. ^^

Wow, you got IGBREIT at 1.31 !! that is super safe. ^^ I think this batch can keep till when it price reach 1.40. ^^ 1.40 is within reach come in month JUL / AUG. ^^

Teng said...

Horse

IGBReit I only got 1,300 shares.

hng said...

Increase further stake in MKLand, bought more MKland at 35sen. It has now become the top holding in the portfolio now.

Teng said...

Hng

Sold some UOA at 2.36. Still considering MKLand

hng said...

Teng

UOAdev, too responsive affecting my sentiment.... regret sold at lost :((

Hope MKland can offset and recoup my investment loss in UOAdev ....


hng said...

Bought back KPS at 1.39

Teng said...

sold some puncak 1.96 and queue to buy back 1.91. Don't think can match now

hng said...

KPS is due to announce notice of EGM 3 week before EGM to held in order to complete KHSB 56% disposal to KDEB by 26 July. KPS must table the disposal price either 76sen or 84sen for approval in EGM. KPS will either record gain of 40sen or 44sen/share from KHSB disposal

hng said...

Teng

Puncak free warrant may need to take longer than expected to be announce its entitlement. This is because, free warrant is inter-conditional to issuance of suku bond, which still pending completion.

Teng said...

Hng

Yes,both free warrant and sukuk must be implemented together.But once approved,free warrant will be implemented at earlier date?

hng said...

Teng

Yes, both suku and free warrant already secure shareholder approval last EGM. Unlike there is no issue for warrant to be issue, issurance of suku need to take time to gather all bond buyer to bid, fixed coupon rate etc. I think once suke issue is almost ready, and already secure enough buyer list and confirm it has buyer show interest, then only Puncak can issue free warrant first and then suku later.

horse said...

Sold some puncak at 1.94 & 1.96 ^^

cheeheng said...

here's the announcement y'all been waitin' for:


6807 PUNCAK PUNCAK NIAGA HOLDINGS BHD
Issuance of 1 Warrant : 10 Shares

Entitlement Details:
Issuance of up to 40,910,609 free warrants in Puncak Niaga Holdings Berhad
("PNHB") ("Warrants") on the basis of one (1) Warrant for every ten (10)
existing ordinary shares of RM1.00 each in PNHB held by the entitled
shareholders of PNHB


Entitlement Type: Others
Entitlement Date and Time: 15/07/2013 05:00 PM
Year Ending/Period Ending/Ended Date:
EX Date: 11/07/2013

hng said...

Yes,

1. Puncak warrant entitlement
2 KPS announce higher take over price by KDEB for its stake in KHSB, up 10% from 76sen to 83.6sen.

hng said...

雪州柏朗商獻購價提高至83.6仙 

(吉隆坡28日訊)雪洲政府投資臂膀雪州集團有限公司(KDEB),計劃斥資2億1281萬令吉或每股83.6仙,收購雪州柏朗商(KPS,5843,主要板貿易)56.57%股權。

 2家公司分別發布文告報備此消息,雪州集團公司宣布上修獻購價格,從原有每股76仙或總值1億9347萬令吉,提高至每股83.6仙。

 文告指出,獨立估價師對雪州柏朗商持有的有地房地產評估結果顯示,房產現價高達10億8510萬令吉,重估后淨資產值提高至每股1令吉,故決定上修獻購價。

 雪州柏朗商指出,脫售所得將用來償還貸款、展延經費、營運資本及尋找新投資項資金。

Teng said...

All

Sold KHSB yesterday at 75.5 but failed to buy back

Today sold some at Puncak at 1.96 but bought back all at 1.91

Hope next monday Puncak will fly >2.00

Derick said...

Finally all the announcement is out !!!! :-)

Teng said...

Derick

Too bad I sold KPS today at 1.42

Derick said...

Teng
This news has been delaying, and market so volatile. So just to say the luck not with you at this time.

Thanks Hng.

Teng said...

Derick

Hope Puncak can help to recover my 'loss' in KPS and KHSB

horse said...

Finally, the news that anticipated for so long is out :-

1. PUNCAK free warrant &
2. Higher takeover price by KDEB.

Good Luck to all. ^^

horse said...

Teng,

I did not buy back PUNCAK after sold some at 1.94 & 1.96. :(

hng, you still hold PUNCAK ?

hng said...

Hi All

KPS will partly utilize the proceed from KHSB disposal to pay special dividend to shareholder.

Wah Wah.....

SPECIAL DIVIDEND : 26.67sen

hng said...

If take into account cum final dividend of 2 sen, total dividend payable will be as much as 28.67sen. Based on current share price of 1.42, the total cash dividend work out to more than 20% dividend return.

hng said...

For those still hold KHSB, Its better sell KHSB and swap it to buy KPS. The take over need a lot time to materialize, 3 to 6 month at least and upside cap to maximum1 10% or 83.6sen only. Whereas, KPS offer much better cash dividend as after disposal of its 56% stake in KHSB, KPS will used part of the proceed to reward shareholder by payout special dividend to shareholder, SPECIAL DIVIDEND : 26.67sen

If take into account cum final dividend of 2 sen, total dividend payable will be as much as 28.67sen. Based on current share price of 1.42, the total cash dividend work out to more than 20% dividend return.

KPS potential upside will further boosted if Selangor water restructuring can be seal by end of these year, turning KPS into net cash and likely another round of special dividend.

KPS also in the midst to buyback its Golf membership from its member and turning these Golf into Eco theme property development to be develop by JV between SP setia, in which KPS will entitle 13% return from total GDV or minimum of RM 200m

hng said...

horse

I still hold Puncak, but will likely sold off on Monday and swap to further increase my stake in KPS.

KPS vs. Puncak
Both also are Selangor water player, depending on outcome of water restructuring. Both stand reap handsome profit gain if materialize. However, KPS will most likely again to payout part of the proceed to shareholder as special dividend to help its ultimate holding company KDEB to fund the acquisition. Very similar to what have done now in KHSB, whereby, KPS use 40% cash proceed to declare special dividend to KDEB to part finance the acquisition in KHSB (right hand in, left hand out)

Teng said...

Lets see monday which counter perform best. My guess is KHSB ( by %).I agree with Hng to sell KHSB and switch to KPS ( if in deed KHSB up to around 80-81 cts)

Now I only hold Puncak.Happy if monday trade >1.96

grayson said...

Bro..saw you got 1 cent profit from IGBREIT. But just wonder how you did it as i tried to use the online calculator to calculate with brokerage fees etc, i won't able to make profit from 1 cent increase. Sorry for the basic question, new to market :)

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