Gotten BURSA at RM5.75 as well. KLCI is -33.61 now....PBBANK-01 is RM8.65 dip 85sen...wow my morning purchase at RM9.15 has cost me a loss of 50sen already. There goes my PBBANK-01 for now. Certainly will average downward based on my available fund.
10 comments:
Anonymous
said...
Hi, In current volatile market, i agree with your strategy to seek high yield stock and buy on weakness. My current 3 major portfolio consist of:
hng, your portfolio looks safe for div and longterm. You can probably consider AXREIT as well but this counter volatility is low and need to be very longterm. If you strike for higher gain than FD rate, these are the counters you are looking for but is a boring stock you must endure the waiting time & only with excess money. Overtime when market recover you tend to benefit.
Thank you, I used to buy AXREIT but have shifted to Amfirst. For REIT exposure, i tend to play rotationally to enjoy their semi-annual/quarterly income distribution. In term of growth prospect, AXREIT definitly is better choice,but bit worry of its frequent share placement and its relatively higher warehourse, industrial factory in its portfolio.
Currently eyeing on more share aquire on Zhulia as it is due to annonnce its Q3 result together with expected 3rd interim dividend of 3-3.5sen. Its third factory has commence manufacturing operation on 14 July, Q3 result may include revenue from its 1.5 month contribution. Zhulian share has manage to hold relatively stable, partly due to major shareholder (Teoh and family related parties) hold 72.6% together with its dividend policy payout of at least 60% net profit. In addition, current slow economy may encourage more people seek second source of income, MLM could experience higher recruitment.
yup, zhulian 3Q result should be around this month, if profit maintain, dividend likely to be maintained around 3.5c as well. Hope that the policy of giving the dividend is consistent irrespective of market sentiment. Company governance is important.
I think zhulian should adhere to its dividend policy as after 3rd factory commerce operation, capex should be minimum and with healthy cash-flow and strong balance sheet as well as high proportion of major shareholding, dividend should be able to maintain.
Just brought addition of 50,000 share of PJ development at 46sen to average down my holding price. Will keep buying of 3 of my major counters, Zhulian; PJ develpment and AmFrist if price going down further.
need not to act so hastily, should buy in in stages, break your 50,000 units in 2 or 3 batches. since it is meant for longterm, In this kind of sentiment you would definitely get your bill filled up unless you have multiple of 50K to get your basket filled. hahaha, just my 2 sen need not to follow. In fact i'm playing all the way down till i get myself stuck, however if any opportunity come i will liquidate those "open contract"...try load them up again with lower price when overall market dip > 25 points..else just stay watching with your cash.
Thanks for your advise. Very hard to resist if price trade at dividend yield of >10%. In fact i had waited for PJ development to break below 50sen to trigger my second round of buy momentum. Today share pattern with higher volume may be signal for rebound soon, especially if it declare dividend on 30 Nov. I don't intend to hold for longterm but will dispose once the good news (dividend payout)emerge and materialize at least 10% capital gain.
PJDEV 0.495 this morning!! Laughing all the way to bank huh...hng, is best off load half of your holding and try grab back at lower price. This rebounce could be temporary only. ANyway is your call. May the best price be yours.
PJDEV 0.495 this morning!! Laughing all the way to bank huh...hng, is best off load half of your holding and try grab back at lower price. This rebounce could be temporary only. ANyway is your call. May the best price be yours.
Yup, have play some contra on PJ and now buyback again. I agree with you, market rebound could be short live and profit taking set in fast. Will buy on weakness and sell on strength in short term (1 day-1 week), but will keep some core holding for medium term (1-3 month).
10 comments:
Hi,
In current volatile market, i agree with your strategy to seek high yield stock and buy on weakness. My current 3 major portfolio consist of:
1. Zhulian (est EPS: 18sen, PE=5x, NTA=0.74; dividend policy: 60%, single tier dividend=10.8sen; yield=12%; Payout frequency: quarterly, projected annoncement date: 17 Jan, Apr, July, Oct)
2. PJ development(est EPS: 12sen, PE=4.2x, NTA=1.74; gross dividend= 5 sen; yield=10%; Payout frequency: first and final; projected annoncement date: 29 Oct
3. Amfirst REIT - (est EPS: 9 sen, PE= 10x, NTA=1.04; Payout policy= 95%; income distribution= 8.6 sen; yield=10%; Payout frequency: semi-annual; projected annoncement date: 5 May, Nov)
Others minor counter also include Guiness, Atrium, Yilai, Uchitech and Amway
hng,
your portfolio looks safe for div and longterm. You can probably consider AXREIT as well but this counter volatility is low and need to be very longterm. If you strike for higher gain than FD rate, these are the counters you are looking for but is a boring stock you must endure the waiting time & only with excess money. Overtime when market recover you tend to benefit.
Thank you, I used to buy AXREIT but have shifted to Amfirst. For REIT exposure, i tend to play rotationally to enjoy their semi-annual/quarterly income distribution. In term of growth prospect, AXREIT definitly is better choice,but bit worry of its frequent share placement and its relatively higher warehourse, industrial factory in its portfolio.
Currently eyeing on more share aquire on Zhulia as it is due to annonnce its Q3 result together with expected 3rd interim dividend of 3-3.5sen. Its third factory has commence manufacturing operation on 14 July, Q3 result may include revenue from its 1.5 month contribution. Zhulian share has manage to hold relatively stable, partly due to major shareholder (Teoh and family related parties) hold 72.6% together with its dividend policy payout of at least 60% net profit. In addition, current slow economy may encourage more people seek second source of income, MLM could experience higher recruitment.
yup, zhulian 3Q result should be around this month, if profit maintain, dividend likely to be maintained around 3.5c as well. Hope that the policy of giving the dividend is consistent irrespective of market sentiment. Company governance is important.
I think zhulian should adhere to its dividend policy as after 3rd factory commerce operation, capex should be minimum and with healthy cash-flow and strong balance sheet as well as high proportion of major shareholding, dividend should be able to maintain.
Just brought addition of 50,000 share of PJ development at 46sen to average down my holding price. Will keep buying of 3 of my major counters, Zhulian; PJ develpment and AmFrist if price going down further.
need not to act so hastily, should buy in in stages, break your 50,000 units in 2 or 3 batches. since it is meant for longterm, In this kind of sentiment you would definitely get your bill filled up unless you have multiple of 50K to get your basket filled. hahaha, just my 2 sen need not to follow. In fact i'm playing all the way down till i get myself stuck, however if any opportunity come i will liquidate those "open contract"...try load them up again with lower price when overall market dip > 25 points..else just stay watching with your cash.
Thanks for your advise. Very hard to resist if price trade at dividend yield of >10%. In fact i had waited for PJ development to break below 50sen to trigger my second round of buy momentum. Today share pattern with higher volume may be signal for rebound soon, especially if it declare dividend on 30 Nov. I don't intend to hold for longterm but will dispose once the good news (dividend payout)emerge and materialize at least 10% capital gain.
PJDEV 0.495 this morning!! Laughing all the way to bank huh...hng, is best off load half of your holding and try grab back at lower price. This rebounce could be temporary only. ANyway is your call. May the best price be yours.
PJDEV 0.495 this morning!! Laughing all the way to bank huh...hng, is best off load half of your holding and try grab back at lower price. This rebounce could be temporary only. ANyway is your call. May the best price be yours.
Yup, have play some contra on PJ and now buyback again. I agree with you, market rebound could be short live and profit taking set in fast. Will buy on weakness and sell on strength in short term (1 day-1 week), but will keep some core holding for medium term (1-3 month).
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