Take a look of its div payout so far....
Thursday, April 16, 2009
Sold Half of Zhulian at RM1.14
Manage to dispose half of my holding on ZHULIAN. ZHULIAN has just declared a 1st interim ST dividend of 3sen. ZHULIAN has been giving out dividend on every quarter without failed. Annual % return on div is about 10% based on current price at 1.14. Long term hold and beating FD rate of 3% is anytime from ZHULIAN.....
Take a look of its div payout so far....
Take a look of its div payout so far....
Based on technical chart, klci stop loss point wull be at 923, support between 925-953. Resistance at 963-973.
ReplyDeleteZhulian is typical dividend yield stock, payout dividend every quarter. Other similar stock are bjtoto, tanjong, MNRB, Hektar, AxisREITs, atrium and bintulu port.
ReplyDeleteZhulian first quarter dividend of 3sen TE is 1 sen higher and is likely to pay similar amount give rise to cumulative 12sen TE, more than 10% yield.
im taking the advantage of this rise to liquidate some and buy them back when it dip. Hope i can get it back when mkt turn weakness. Look at the vol, today is another record high again. Most probably, this mini bull will last till next week.
ReplyDeleteOh yes! another record high volume and value. Very impress with KLCL ability to record consecutive day and able to absorb any profit taking activiti.
ReplyDeleteIndex can swing from as high as 13pts, to down -3pts and go back again and closed up another 4.6pts.
indeed another record. contributed by 3rd liners. profit taking was well absorb, likely tomorrow to continue bullish.
ReplyDeleteToday volume almost only half of yesterday, momentum seem muted and perhaps KLCI really need some break.
ReplyDeleteyea, running out of steam now...KLCI likely to take a break next week.
ReplyDeleteGonna panic one or still holding ??
if it not up, it has to come down.
ReplyDeleteget ready bullet for next week shopping.
ReplyDeleteMarket still up another 3.6pts, KLCI already up more than 10% in less than month. This prolong bull run partly due to local smooth power transition , while global stock rally contribute another part. Corporate earning upbeat analyst is another factor added fuel to bullish sentiment among insititution and retail investor.
ReplyDeleteLets see whether current trend will keep continue next week. But one thing for sure is that market is overbought and long due for correction.
many analyst already said this mk is overbought and exhausted...
ReplyDeletecorrection or retracement is on its way....see how it go next week.
Market have mild pullback this morning, expect more pressure to come.
ReplyDeleteBought KPJ at 2.82 (share dividend: 23 Al-AqarKPJ for every 100 KPJ)
Bought NHF at 1.61-1.63 (dividend 8sen TE)
Bought Protasco at 64.5-65sen. Expect interim dividend at least 4sen by end of this month.
ReplyDeletestill have fund to buy stocks huh...
ReplyDeletetot u lock yrself all in TM...
I've locked TM by about 80% of capital in portfolio.
ReplyDeleteStill have about 8% free capital, but soon almost used up for today purchase.
Market again unleash power by aborbing whaever selling pressure. Market swing back to positive territory, up another 3.2pts.
Horse, your maybulk and Zhulian regain mementum, close at 3.40 and 1,20. Must be possess a lot of paper gain from this round of rally.
ReplyDeleteyes, paper gain indeed on Maybulk but half sold on Zhulian :(
ReplyDeleteAnyhow still consider lucky, decide to hold half of it. Will keep till it ex-date for both.
I might want to lock in more TM, for short term trade. Just don't feel like losing this opportunity... it will be coming and surely...
hng,
ReplyDeleteJust wondering why you place such a big portion on TM? IS is due to the dividend? Hope you don;t mind to share.
though market drop 7 points. TM still stood as rock. The pending dividend and Cap. repayment have cushioned the stock stability i believe. Way to go my friend.
ReplyDeleteSteve
ReplyDeleteYes! currently TM trade cum dividend of 14.25sen and should soon declare capital repayment of 98sen. TM also commit to payout 90% net profit in future as dividend. Therefore, can expect recurring dividend yield of 10% after capitial repayment.
Horse,
ReplyDeletealthough most of my capital already invested, i might use margin line (1.5x of my capital) to further increase my exposure in TM. I'm very caution to use margin line and use only if no other alternative.
steve, we are aiming the cap.repayment which will be soon announced by TM. When it announced, we believe it will drive TM higher conservatively at the price range from 3.80 to 4.10. Taking this advantage to make some money out of this catalyst. The expected 98sen Cap Repayment indeed is the carrot, either we make it or we lose it but high chance is, we will definitely make it as usually this type of news will draw interest from investor...
ReplyDeletehorse,
ReplyDeleteGet double pay salary recently ha, treat this extra bonus as your initial capital that would pave your way to be full time investor and financial independent
You could gradually opt for full time if you manage to get similar or more income consecutively for at least 3-6 month from stock investment.
hng,
ReplyDeleteu dont know how big is my commitment. cant afford to do fulltime as yet...getting 12% to 20% is good enuf for me for time being :)
I'm just recommend way to move your current quardrant as E (Empolyee) to quardrant I (Investor)
ReplyDeleteMarket close just marginally lower, European market open higher, likely current bull trend will continue
ReplyDeleteNew Hoong Fatt (NHF) has just officially declare Final dividend 8sen TE, ex-date on 19 May
Sold off all NHFatt at 1.68-1.69, pocketing few hundred profit in this waiting period. TM seem gaining some momentum, hopefully it can break above resistance level at 3.68.
ReplyDeleteSold off all Protasco at 69.5sen-70sen, pocket another few hundred profit in this long waiting period.
ReplyDeleteTM break 3.70...likely to go higher if it sustain 3.7 today...
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteSold off all TM at 3.70-3.72, realize all gain first to capitalize on today strong momentum.
ReplyDeleteIntend to buyback later for intraday contra if stock on weakness
Bought more KPJ at 2.80
ReplyDeleteWow!, bought back all TM at 3.66, realize few k intraday profit!
ReplyDeletewow, that is great !!
ReplyDeleteTM is inching higher, by time of announcement of 98sen, likely to reach my target price of 3.80 to 4...
ReplyDeleteTM closed at 3.68, up 4sen (already on paper gain now). Will try to trade TM if share gaining momentum again.
ReplyDeleteStill upbeat on TM, but will take oppurtunity to trade for quick profit.
As full time trader, waiting period is too bore, especially with over 80% capital locked for TM.
ReplyDeleteFortunately, today able to perform trading and generate good profit. With that, invest in TM already generate fourth round of profit since initiate investment plan by concentrating most of capital on TM in portfolio
Good strategy. Can trade all the way up...that is the beauty being fulltimer.
ReplyDeleteSold 25% stake of TM at 3.70. Total equity stake of TM down from 80% to 55% of total capital in the portfolio. I'm gradually disposing TM and start to realize paper gain.
ReplyDeleteBought Daiboci at 69.5sen (dividend 6 sen TE)
Sold another 25% of TM at 3.70, total capital stake down to 30%.
ReplyDeletejust got back from meeting...wow KLCI is coming, 10 points up...Keep up the momentum...3rd liners being ram up again, vol again building up...more upside hopefully...
ReplyDeletetry pick some penny stock for scalping tomorrow....
ReplyDeleteeyeing one now, will try my luck tomorrow...load it up early in the morning tomorrow...
Wow! another intraday gain! Bought back all TM at 3.66, capital stake back again to 80%!!!
ReplyDeleteThis is fifth round of profit, but with lower volume (50% stake buy-sell trading) and yet still give few k quick profit. Will try again tomorrow and hopefully can repeat few more round of intraday profit by trading on TM before it annouce capital repayment.
Horse, if you wanna to be first order, must load just after midnight 12.00pm, as it take into account first come first serve.
ReplyDeletewelcome done dude on TM...
ReplyDeleteYes, i know to place orders overnight but i intend to hit & run, thus just grab any price in the morning when it open. Overnight orders placing may not get what i want if i placed it too low, hope can earn few hundred buck for weekend....
well done i mean, typo error there.
ReplyDeletehng,
Just concentrate on TM is good enuf to give u the profit ed. need not handle too many shares for time being...haha...
Remenber to jump Q if a lot of order in front of you and insisted to bid at same price, can jump Q by placing higher price but lower volume than asking price.
ReplyDeleteI opt to trade on TM because there is win-win solution, if i sell TM, i'll realize one time profit and just let go. But if manage to buyback later, then realize intraday profit and repeat similar trading stategy again.
ReplyDeleteThis morning, just sold first 25% stake of TM at 3.72.
ReplyDeleteStill q to sell at 3.74 and 3.76