my current portfolio quite lean, just holding two core stocks: PBank-01 and Carlsberg, and small portion of REITs (Hektar, AmanahRaya REITs and UOAREITs)
Just within a minute sold off all star at 3.12, realize contra gain.
Nonetheless, TNB still under pressure, may consider to buy on weakness to average down cost.
Today is also last day to pick up Melati, if unable to sell at higher price now, will likely to hold for longer term and enclose it as my another core holding
Caution trade in the market may reflect begin of earning season, whereby stocks are subject to upgrades and downgrades following each results annonucement. Lack of short term catalyst to move market, except occasionally rally in oversea market..
Hektar is crossing 90sen mark again. May break that sooner or later. TNB is still under selling pressure, likely that need to pick up this giant if can;t dispose within contra period.
Sold off all PBbank local at 8.80 and PBbank-01 at 8.80-8.85. Finally decided to dispose all Pbbank share to capitalize on its strength momentum and realize all paper profit. Will definitely buyback if down below 8.65 again.
I'm holding back hektar to sell remaining share above 90sen. Hektar result will release soon accompany by income distribution.
I've also pick up all Melati share after fail o dispose above 70sen. Perhaps need to wait bit longer!
Miss oppurtunity to sell Zhulian at higher price. Zhulian up 2.5sen to 97sen!
Sometime thing change direction after dispose share! Nevertheless, we can't always sell at highest price,..... Perhaps next time need more patience.
Decision to sell share sometime more difficult than stock pick. However, my investment philosophy is always sell on strength as long as share are profitable, and buy on weakness whenever oppurtunity arrive.
Finally oppurtunity arrived at afternoon session. Make two intraday contra on TNB. Bought at 5.65, sold at 5.70 and 5.75 (originally q to sell 5.70, but done at 5.75 due to market maker try to push share higher, closed at 5.75, up 5sen)
Both PBBank local and foreign continue to soar passing above RM9.00, which is my original target price to sell. Nonethless, due to untiming sell and too eager to realize paper profit, now end up selling these stocks that find too expensive to buy back and miss targeted proft.. -:(
Will q to buy TNB on weakness. Traffic rate likely to lower soon, the net impact on TNB should be neutral (lower gas cost pass through) or at best mildly positive (lower traffic may spur higher utilization). The only drawback is strengthening US and yen against ringgit, potential incur higher forex loss.
Bought again TNB at 5.70
ReplyDeleteBought more Carlsberg at 3.60. I'm gradually build up stock now.
ReplyDeleteBought more TNB at 5.70, q to sell now at 5.75. Market down more than 10pts, good for bargain hunting now!
ReplyDeleteBought star at 3.02
ReplyDeleteJust sold all TNB at 5.75
ReplyDeleteBought more star at 3.02, q to buy TNB again at 5.70
ReplyDeleteBought BJtoto at 4.52
ReplyDeletebought too early on TNB :(
ReplyDeleteelse would have follow your style already... hahaha
Bought again TNB at 5.70
ReplyDeletehorse, this is just swing trading. don't worry! I'm sure you know the history trading pattern of TNB well, thing can easily change better next time
ReplyDeleteu traded quite actively today, a real full timer in action. Mkt seem to rebound a bit.
ReplyDeleteSold off BJtoto at 4.58.
ReplyDeleteUnable to make intraday contra on star (3.02) and TNB (5.70). Have to sell at higher price tom, but command better margin if successful
Europe market rebound, hopefully tom market will follow.
my current portfolio quite lean, just holding two core stocks: PBank-01 and Carlsberg, and small portion of REITs (Hektar, AmanahRaya REITs and UOAREITs)
ReplyDeleteJust within a minute sold off all star at 3.12, realize contra gain.
ReplyDeleteNonetheless, TNB still under pressure, may consider to buy on weakness to average down cost.
Today is also last day to pick up Melati, if unable to sell at higher price now, will likely to hold for longer term and enclose it as my another core holding
Caution trade in the market may reflect begin of earning season, whereby stocks are subject to upgrades and downgrades following each results annonucement. Lack of short term catalyst to move market, except occasionally rally in oversea market..
ReplyDeleteMarket trade sideway, unable to perform bargain hunt now! q to buy more Carlsberg
ReplyDeleteHektar is crossing 90sen mark again. May break that sooner or later. TNB is still under selling pressure, likely that need to pick up this giant if can;t dispose within contra period.
ReplyDeletewow, a sudden cross to red zone in 2nd half...something unusual ?
ReplyDeleteSold off all PBbank local at 8.80 and PBbank-01 at 8.80-8.85. Finally decided to dispose all Pbbank share to capitalize on its strength momentum and realize all paper profit. Will definitely buyback if down below 8.65 again.
ReplyDeleteI'm holding back hektar to sell remaining share above 90sen. Hektar result will release soon accompany by income distribution.
I've also pick up all Melati share after fail o dispose above 70sen. Perhaps need to wait bit longer!
People are worry about upcoming corporate earning result. Remain sell on strength and buy on weakness approach.
ReplyDeleteHektar declares 3sen div. ex-date on 18/2/09.
ReplyDeleteMiss oppurtunity to sell Zhulian at higher price. Zhulian up 2.5sen to 97sen!
ReplyDeleteSometime thing change direction after dispose share! Nevertheless, we can't always sell at highest price,..... Perhaps next time need more patience.
Decision to sell share sometime more difficult than stock pick. However, my investment philosophy is always sell on strength as long as share are profitable, and buy on weakness whenever oppurtunity arrive.
Hektar dividend of 3 sen is lower than expected of 3.5sen.
ReplyDeleteLacklustre market...
ReplyDeleteTake rest now -:)
Finally oppurtunity arrived at afternoon session. Make two intraday contra on TNB. Bought at 5.65, sold at 5.70 and 5.75 (originally q to sell 5.70, but done at 5.75 due to market maker try to push share higher, closed at 5.75, up 5sen)
ReplyDeleteBoth PBBank local and foreign continue to soar passing above RM9.00, which is my original target price to sell. Nonethless, due to untiming sell and too eager to realize paper profit, now end up selling these stocks that find too expensive to buy back and miss targeted proft.. -:(
ReplyDeletelooking at the momentum, PBB set to go higher. Will keep PBB till the ex-date.
ReplyDeleteTNB is still in red zone despite CI up 8 points. wow PBB is 9.05 now.
ReplyDeleteWill q to buy TNB on weakness. Traffic rate likely to lower soon, the net impact on TNB should be neutral (lower gas cost pass through) or at best mildly positive (lower traffic may spur higher utilization). The only drawback is strengthening US and yen against ringgit, potential incur higher forex loss.
ReplyDeleteMarket soar, up 16pts, believe due to upcoming mini budget (second stimulus package)+ political issue (BN win back Perak but..)
ReplyDeleteHowever, unable to sell TNB at 5.80, need to pick up and hold for longer term. No trading today..
Sold half of my TNB stock at 5.80, the remaining q to sell at 5.85
ReplyDeleteNot placing sell for TNB, hold it a bit longer since just pickup the shares.
ReplyDeleteSold off remaining TNB at 5.85. Market up more than 7pt, above 900 pts
ReplyDeleteBought Bintulu Port at 5.25, for its attractive dividend yield, sustaintable earning.
ReplyDeleteMake one intraday contra on BJtoto. Bought at 4.54; sold at 4.58.
ReplyDeleteExpect market due for correction soon.
DJIA tumbled on concerns that the bank rescue plan to shore-up the financial sector may not be sufficient. :(
ReplyDeleteBursa still manage to hold relatively well. Nonetheless, volume shrink back again waiting for fresh lead.
ReplyDeleteNo trading today, but glad Carlsberg starting to perform.
ReplyDeletemany must have knew that div is on it way 4 carlsbg...
ReplyDeleteThose unit trust based on dividend/income strategy should already pick up this stock and expect good return just from dividend income alone.
ReplyDeleteTNB soar to 6.15, up 35sen, due to lower than expected traffic cut. Cost of electricity will be review semi-annually.
ReplyDelete