Invest your money wisely to strive for financial independent.
A slack hand causes poverty, but the hand of the diligent makes rich.
(Proverbs 10:4)
Wednesday, May 13, 2009
Bought Back MAYBANK
Bought back Maybank at RM5. Would likely hold this as longterm if market turn south. Playing with bluechip still give me sense of safety than exposing yourself on a much volatile 3rd liners or penny stocks.
Local market down but well absorb compared to other regional market down more than 2%.
Market future remain unpredictable, as there is no meaningful correction since runup in April for almost 20%. With first quater result fast approaching by end of May, the direction of index should be more clearer by then.
I've enough with TM! being capitalize on TM several time and use of margin line + compunding effect, cumulative net profit margin already surpass more than 35%.
The main reason to buy keladi is its relatively strong fundamental; dividend yield; net cash position; liquidity and more importantly high margin spread.
This morning, sold small portion of keladi at 16sen, realize T+1 profit.
Local market down but well absorb compared to other regional market down more than 2%.
ReplyDeleteMarket future remain unpredictable, as there is no meaningful correction since runup in April for almost 20%. With first quater result fast approaching by end of May, the direction of index should be more clearer by then.
No trading in the morning session..
ReplyDeletefinally, market do make some serious correction, down 10pts.
ReplyDeleteStill waiting for right time and right price to re-enter market.
No trading today.
the down still not very drastic as yet. TM up 2sen !!. real solid, looks like no chance to buy back.. unless market dip 50points...
ReplyDeleteMarket today rebound, follow overnight US market. TM continue its uptrend, up another 6sen, likely will surpass RM4.00 soon!
ReplyDeleteyea, look like surpassing RM4.00 is not a problem.
ReplyDeletehng, u r not entering again? buy high sell higher...
Sold all my ZHULIAN and swap them with HEKTAR...
ReplyDeleteI've enough with TM! being capitalize on TM several time and use of margin line + compunding effect, cumulative net profit margin already surpass more than 35%.
ReplyDeleteall penny is being whack down now...
ReplyDeleteNo trading today.
ReplyDeleteReserve capital for next week bargain hunt..
Wow!, market down more than 13pts, support level 1000pts under threat now!
ReplyDeleteTime to bargain hunt...
Bought keladi at 14.5 -15.5sen.
Bought more keladi at 15sen, equity stake up to 35% in portfolio.
ReplyDeletekeladi seem like your favorite...
ReplyDeleteBought more keladi at 15.5sen. Increase further keladi stake from 35% to 70%..
ReplyDeleteBought more keladi at 15.5sen, increase keladi stake by another 4.2% to 74.2%.
ReplyDeleteMarket pare down loss, down merely 2.3pts following most Asian market rebound
hng,
ReplyDeletemake ton of money again on keladi...wow...mkt up almost 10points.
Horse,
ReplyDeleteThe main reason to buy keladi is its relatively strong fundamental; dividend yield; net cash position; liquidity and more importantly high margin spread.
This morning, sold small portion of keladi at 16sen, realize T+1 profit.
Portfolio still have about 64.6% stake.
sold my MAYBANK at RM5.15
ReplyDeleteSold more keladi at 16sen, realize more T+1 profit.
ReplyDelete