Thursday, May 7, 2009

Did a quick scalp on Maybank

Bought Maybank early in the morning at RM5 and sold all of them at RM5.10. A quick hit and run while seeing the market surging high. There you go seize the opportunity if you can in this 'bully' bull.....

15 comments:

Unknown said...

hng, you really did it this time round for TM! congrats congrats! you hit it at the perfect timing. sumore going 150% of capital. another step closure to absolute financial freedom.

Anonymous said...

TM laready announce capital repayment date, time to take profit!!

Anonymous said...

In the first 5 minute, already sold off all TM (100% + 50% margin line) at 3.92-3.94!!!

I just can't wait, take all profit first is my priority , expecially in anticipate market weakness today lead by overnight loss in US.

I'm lean now, all load have been unload and afford to take some rest now!

horse said...

hng,
a perfect timing for you i would say. making many round from TM. good trade mate.
14.25sen div ex-date on 20/5 &
98sen Cap Rep ex-date on 27/5.
I would likely dispose them between 20/5 & 27/5. Still patiently keeping my holding tight.

Anonymous said...

horse,

Your buy and hold on TM work perfectly for your style as part time investor. With holding period less than 2 month, your target to acheive 12-15% pa already attain. This has shorten the time and allow for compounding effect to take place if subsequent repeat a similar pattern.

Anonymous said...

P!

I'm consider lucky to be able to increase further TM holding the day before announcement capital repayment, by even using margin line up to 50% + 100% of my total capital. My investment plan to concentrate on TM indeed work and in fact already given several time of intra-contra quick profit. I'm glad my goal to acheive finacial freedom has shorten.

However, this kind of investment plan unlikely to repeat in the future, which only deserve to bluechip with high liquidity, capital repayment and high dividend payout.

Anonymous said...

What! I'm just manage to buyback all TM at 3.80!!

horse said...

wow, good one hng, now TM trading at 3.86, another big gain again... haha

horse said...

looks like mkt taking a u-turn....

Anonymous said...

Today is wonderful day, thought manage to unload TM successfully, but soon realize still have chance to buyback all!

I've too much affinity to TM! Soon after dispose TM ar 3.92-94, my portfolio just flush with capital, at that moment, i just have no idea which way to path my capital.

Luckly, TM soon lose momentum and trading downward! At that time, i wonder whether to re-enter TM. Again, history repeated, and with so many experience in TM trading pattern, i just manage to re-enter TM.

Anonymous said...

Sold off all TM (100+50%) at 3.88 in the afternoon session! Make second round of profit on TM. Will closely monitor TM movement to see whether there is any opputurnity to buy at lower price again.

Anonymous said...

Bought more Amfirst at 89.5-90sen, increase stake from below 1% to 5%, expect it will announce first income distribution soon.

Portfolio now only left with 16% cscenic and 5% Amfirst.

Anonymous said...

Market continue its uptrend, Take this oppurtunity to further cutback stock holding and sell on strength.

Sold partial Amfirst at 93-94sen. (Just annouce income distribution: 4.48sen)

Sold partial cscenic at 37-37.sen.

Anonymous said...

Sold off all cscenic at 37-38.3 in the afternoon session.

horse said...

mkt u-turn ....correction ?

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