Thursday, January 15, 2009

Sold Bursa at RM5.35 for intraday gain


Just sold Bursa for RM5.35 for an intraday gain.

50 comments:

Anonymous said...

Finally, got some intraday done. Bought Genting (3.68), bursa (5.30), TNB (6.05)and WCT (1.10) and sold all at 3.74, 5.35. 6.15 and 1.12 respectively

Bought more Atrium at 63sen

horse said...

Bravo mate, i did it for one, you did for tonne of them...well done!!!

Anonymous said...

Horse, remenber i'm full time trader-cum-investor. Every minute observing market trend and stock momentum to pick up wining stock and earn money for living. You can opt for full time investor if you are confident and master the skill and art of investing in market. By the way, what is your current occupation?

Bought TNB (6.00), WCT (1.10), Maybank (5.35) and Resort (2.23). Only manage to sold WCT at 1.11

horse said...

Seriously thinking of fulltime, just not the time yet. Commitment too high, bearing few properties and a high end car.
I'm an IT guy. Many time due to support issue juz can't afford the time for market.

Anonymous said...

Investment is really serious matter, i'm have only manage to decide to be as full time after gaining full support from my wife. As i'm in mid 30, there should be ample of time to continue investment journey, while able to absorb risk and learn from mistake without seriously impair lifestyle.

Manage to sold TNB at 6.05 and resort at 2.25.

Anonymous said...

Finally, decided to buy PBank-01 at 8.85 to enable potential upside from upcoming result on 19.

Sold Maybank at 5.40 for intraday gain.

Anonymous said...

Bought PBank-01 at 8.75, queue to buy more at 8.70 and 8.65 to further average down cost.

Anonymous said...

Sold some AXREITS at 1.24, reserve more for higher price. AXREITs regain upside momentum after today news on thestar upbeat REITS

Anonymous said...

Bought PBank-01 at 8.70, still queue to buy on further weakness.

horse said...

i'm queing to buy PBB-01 at 8.65.

horse said...

x-date for bjtoto today. Mkt down 5.47 point now...queuing Tenaga for intraday play as well but don;t think can catch it.

Anonymous said...

I've bit worry about Tenaga financial result release today, some analyst predict it may incur RM 1b loss!?

horse said...

Tenaga still holding well. Likely that market still has more dowmside.

horse said...

Pbb-01 not match...zero trade.

Anonymous said...

Bought both PBank local at 8.70 and more PBank-01 at 8.65. Will eargerly to see its financial result and dividend payout. Hopefully it won't be disppoitment.

Anonymous said...

Zhulian and Atrium likely to annonuce their financial result today. UOAREITS release last friday and announce income 5.55 sen (4.2 sen less 10% tax + 1.35sen TE)

Anonymous said...

Sold another small portion of AXREITs at 1.25 to capitalize its strong upside momentum. Expect AXREITs will hold with upside bias pending its financial result and income payout on Wednesday

Anonymous said...

As expected, TNB incur loss of 944.1m or EPS -21.78sen due to forex loss, extra IPP payment and higher input cost...

Anonymous said...

Market down nearly 10pts lead by TNB and Commerce.

Bought Pbank-01 at 8.60, Maybank at 5.20, Genting at 3.68, Resort at 2.21 and WCT at 1.05.

horse said...

queuing PBB-01 & Resort.

horse said...

Queuing on Maybank as well.

Anonymous said...

Sold WCT at 1.06

Anonymous said...

Bought back WCT at 1.04

Anonymous said...

Bought UOAREITs at 96sen

Anonymous said...

Bought again WCT at 1.02

Anonymous said...

Sold off resort at 2.23

Anonymous said...

Bought AXREITS at 1.20

Anonymous said...

Bought more UOAREITs at 96sen

Anonymous said...

Sold off WCT at 1.04 (average cost at 1.03, Bought bursa at 5.20

Anonymous said...

Sold off bursa at 5.25

Anonymous said...

I'm further increasing REITs exposure to capitalize much anticipated rate cut tomorrow by BNM. The spread between FD/MSG and income yield of REITs will further widen and REITs will become more appealing asset class in the portfolio.

horse said...

very qiuet today, hardly can trade. maybe cny approaching....

horse said...

walau, PBB declares only 25% div....far far below expectation... bad bad idea.

Anonymous said...

Market qiuet partly due to absence of lead from US. market (holiday on Monday) and earning season. I'm pledge high hope on PBBank financial result release today...

I've increase UOAREITs from minor holding (value less than RM10k) to major core holding (value more than RM50k)in my portfolio following substantial purchase today at 96sen

horse said...

Div per share cut by half... :(
don;t think it can spite up any interest...?

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

hang on additional share div of 1:25

Anonymous said...

Pbbank just release result, EPS= 19.49; Cum=76.93). Although final div cut by half to 25 sen, but it also distribute treasury share 1 for 35 local PPbank share, equivalent to RM 250. Thus, overall yield still intact at RM 500 payout. In fact dist local PBBank is better for those holding PBBank-01, as it command higher share price..

Anonymous said...

Distribution of 1 for 35, not 25

Remarks :
For the financial year ended 31 December 2008, the Directors have recommended a final cash dividend of 25% less 25% income tax ("Proposed Final Cash Dividend") and the distribution of share dividend on the basis of one (1) Public Bank Berhad ("PBB") treasury share listed and quoted as "Local" on the Main Board of Bursa Malaysia Securities Berhad for every thirty-five (35) ordinary shares of RM1.00 each held in PBB, fractions of treasury shares to be disregarded ("Proposed Share Dividend").

horse said...

no hng, PBB local is 1:35 whereas PBB-01 is 1:25, which mean PBB-01 has higher distribution than PBB local. Share div on d basis of 1 share for every 25 shares held (1:25)...

horse said...

sorry, d annoucement change again, it was indeed a 1:35 for both....

horse said...

need to get at least 3500 units else will get into odd lots ...:(

Anonymous said...

Lets wait tomorrow to see which is correct!?

Anonymous said...

Bought more PBank-01 at 8.65. Market fail to response good set of financial result due to slump in US market, tumble below 8000pts.

Bought Maybank at 5.05 to average down yesterday holding cost

Anonymous said...

Finally, market manage to appreciate sterling performance food result of PBbank and sending the stock higher and also partly mitigate loss in bursa index.

Will likely keep PBbank for its dividend and share distribution, unless it soar more than RM 9.00

Anonymous said...

Sold Maybank at 5.10 to take profit first and q again to buyback at 5.05

Anonymous said...

Contrary to my earlier thought, PBbank-01 falling again!. But i'm not hesitate to quickly take this oppurtnuniy to buy more. Bought more Pbbank-01 at 8.55 to further average down holding cost. This investment may take longer than expected to generate expected return.

Abort buying Maybank now, channel more fund to buy PBbank-01 on weakness.

horse said...

i have d same thought for pbb-01, queuing to buy now...

Anonymous said...

Frankly, distribution of share dividend in better than cash dividend, as it is tax free. Thus the absolute term of actual payout is higher than cash dividend. However, institution investor may not like share dividend in view of current depress market and potential dilution in EPS..

horse said...

i prefer cash div this time round..

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