Wednesday, July 29, 2009

Receive 30sen cash & shares dividend from BJTOTO

Just received cash dividend of 30sen & shares dividend from BJTOTO.
Genting dividend of 4sen.
Genting Malaysia (Resorts) dividend of 4sen respectively.

Take a look of hng's portfolio below. A real fulltimer and recommendate for one to adopt his strategy as he has proven many time here of his track records, his speed in executing trades, his superd pick of stocks and his ability of best judging in term of timing while executing a stock. Is worth taking a deeper look of his way and approach that adopted by him.

*************************************************************************************

Market manage to mitigate downside.

Today, have accumulating Huaan at 51-51.5sen; OKA at 57-58.5sen, Cenbond at 56-57sen


Portfolio now:

43.9% Huaan
9.1% ARREITs
74.9% OKA (4 sen dividend)
14.7% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)

49.8% is margin line

121 comments:

Anonymous said...

Bought maximum GENM at 2.91.

(GENM has initiate share buyback, downside risk minimum)

Anonymous said...

Market may still under correction mode, decided to sold back all GENM at 2.93, realize first round intraday gain

Anonymous said...

Sold off all Huaan at 51.5, realize one time loss. But, may fire back to buyback at ower price.

Anonymous said...

Bought maximum on both GENM and GENTING at 2.90 and 6.30, respectively.

horse said...

Agreed that the downside is minimum for GENM. Recent share buyback is ranging from 2.89 to 2.98. I am confident it may trade above 3.00 when market turn upside later. Keep hunting on this. hehehe

horse said...

wow, carslbg continue its upbeat after announced plans to aquire carslbg Singapore.
Worth for long term investment, in view of its higher earning expected.

Anonymous said...

Yeah!

Sold back all GENM at 2.93, realize second round higher intraday gain.

Sold all Genting at 6.35, realize first intraday gain

Anonymous said...

Aiya!

Miss oppurtunity on Huaan, share price up 0.5sen, to 52sen. :(

Bought back partial GENM at 2.91 :)

Anonymous said...

Bought more GENM at 2.89

Anonymous said...

Used up maximum margin for GENM, but still reserve 50% margin as bullet to fire back Huaan.

Portfolio now:

50% GENM
9.1% ARREITs
74.9% OKA (4 sen dividend)
14.7% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)

Anonymous said...

Sold partial ARREITs at 75.5sen

Portfolio now:

50% GENM (average cost around 2.90)
74.9% OKA (4 sen dividend)
14.7% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)
3.1% ARREITs

Anonymous said...

This morning also manage to buy little Cenbond and OKA at 56-57sen.

Have limited power to further increase core holding now (OKA and Cenbond), as margin is tight with GENM and reserve at least 50%margin to buyback Huaan if trading lower. :(

Latest portfolio until first session of today:

50% GENM (average cost around 2.90)
75% OKA (4 sen dividend)
15.1% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)
2.3% ARREITs

Anonymous said...

Horse
I don't really deserve such complimentary from your front page posting. As mention before, i'm not porfessional trained and is still in learning stage in investing.

We all should share each other success and learn from mistake, to further fine-tune on stock selection and strategy.

Anonymous said...

Huaan look like no chance to buyback at lower price. :(

Channel some of margin to increase stake in Cenbond: bought more Cenbond at 57sen

Anonymous said...

Bought more Cenbond at 57.5sen, still very confident of its upcoming dividend

Anonymous said...

Totally give up Huaan, bought Genting at 6.30

Anonymous said...

Yeah!

I did it again, sold GENM at 2.92, realize 3rd round of intraday profit..:)

horse said...

wow hng,
another few round of good trades.
congrat.. :)
quite busy today, many incidents happened, need to tackle them one by one.
Market don't seem to die just yet. Still sustainable. Carslbg touches 4.5 again.

Anonymous said...

Your carlsberg finally reflect its intrinsic value and trying to catch up share price and make U-turn from slumping downtrend since last yr

Anonymous said...

In the meanime, i've also sold out all Genting at 6.35 and remaining ARREITs at 75.5sen

Anonymous said...

Wah lah

Got people chase after me, Cenbond and OKA all up...

Manage to get some Complet at 57.5sen

horse said...

Of the two, Guiness & Carslberg, GUiness still deserve a higher premium, mainly Guiness still sitting with huge cash & dividend payout may still on the run. As for Carlsberg long run should remain strong for acquiring Carslberg SIngapore where it is a significant boost earnings to Carslberg malaysia but short term dividends will not be seen as it run into liability for funding the acquisition.

Anonymous said...

Bought 50% GENM at 2.89

Anonymous said...

Market close, down just 3.8pts. Unable to sell back GENM :(

Neverthelss, all core stocks are performing very well, especially OKA. I think some people must know OKA and cenbond may announce dividend by this wk!?

Lucky, manage to further increase all core stock stake.


Core stocks Portfolio
78.6% OKA (4 sen dividend)
22.3% Cenbond (may propose 4.5sen)
7.9% Complet (3 sen TE dividend)

Trading stock portfolio
50% GENM (cost 2.89)

horse said...

again loaded 150% :)

Anonymous said...

Confirm, OKA has just officially declare F&F dividend of 4sen, yield: 6.6% nased on closing price 61sen

The main reason upbeat on OKA is its relatively small no of share, just 60m (Ha! i could be one the top 30 largest shareholder), NTA 1.28, EPS 6.7sen and clean balance sheet. Its product mainly precast concrete should increase in demand in view of gov to extend LRT

horse said...

congrat on your oka....
Laughing all the way to Bank...

Anonymous said...

Today is my D-day..


Oka soaring, sold off at 65-70sen, realize more than 10% net return...

Sold all GENM at 2.93..

Really exciting now. :)

horse said...

wow, oka really roaring.
Good trade & congrat !!!
> 10% !!! Really laughing all d way 2 BANK !!!! hahaha

Anonymous said...

Sold off all Cenbond at 61.5-62.5, realize all paper profit. Cenbond has proposed 4sen TE dividend

Portfolio now almost empty.. just have

7.9% Complet (3 sen TE dividend)

Anonymous said...

With today trading, i've got back more than 10% deposit paid to acquire new hourse..Ha!

Now, i've to restart searching for next winning stocks..

Anonymous said...

Today is MPH promotion, member get enjoy 20% discount. Need to get some new idea from bookstore..

Have a good weekend

Mike Forex Cable said...

Hng, Congrats on your great picks. May I know how much u used to make this RM90k profit. Is it around RM500k? Thanks for sharing. Your generosity will be rewarded

Anonymous said...

I've bought some TWRREITs at 1.09-1.10. TWRREITs is due to announce its dividend income.

Core Portfolio:

10.4% TWRREITs
7.9% Complet (3 sen TE dividend)

Igcshdv
I wouldn't reveal my actual capital, but you can guess by yourself from my posting..

horse said...

first day of bids structure causing market to drop... :(

Anonymous said...

Market seem overbought, some correction is healthy to absorb selling pressure.

New bid system should benefit those net buyer. Upcoming AS1M of 10bilion, should be main catalyst to spur market volume.

No trading for today so far.

Anonymous said...

Bought more than 80% Huaan at 51sen in the afternoon session

Anonymous said...

Stock down merely 3.7pts, European market is soaring now. Continue upbeat on stock, especially high beta penny stock, any correction is opportunity to re-enter into market.

Trading Portfolio
81.9% Huaan

Core Portfolio:
10.4% TWRREITs
7.9% Complet

horse said...

Make a quick intraday gain on KFIMA, bought 0.655 and sold them at 0.69.

horse said...

Wow, Pantech 87sen now...

Anonymous said...

Oil and Gas counter spur by crude oil, which has already more than US70. Bullish in crude oil market is strong signal that econmic may bottom and in the midst of recovery.

Buying stock even now could potentially reap handsome return. Trading strategy now: buy on weakness and sell on strength.

Anonymous said...

Just look at how Tanjong has perform so far, the stock will likely play catch up to match other bluechip valuation.

Nonethelss, current strategy not allow portfolio to buy and hold, have to let go on this giant.

Anonymous said...

Sold more than half Huaan at 52-52.5sen, realize T+1 profit in morning session


Trading Portfolio
36.4% Huaan

Core Portfolio:
10.4% TWRREITs
7.9% Complet

Anonymous said...

Bought 10% Pantech at 87-87.5sen

Trading Portfolio
36.4% Huaan
10.1% Pantech

Core Portfolio:
10.4% TWRREITs
7.9% Complet

Anonymous said...

Just sold off all Pantech at 88-89sen, realize intraday profit.

Anonymous said...

Sold off all remaining Huaan at 52sen, realize all T+1 profit

horse said...

Good trade bro.. :)

Anonymous said...

Increase stake in complet, bought at 59-60sen

Core Portfolio:
10.4% TWRREITs
9.2% Complet

Anonymous said...

Horse, your pantech continue to soar, surpass 90sen, at 90.5sen now! laughing all d way 2 bank alrdy

Bought additional Complet at 60sen

Core Portfolio:
10.4% TWRREITs
12.8% Complet

horse said...

i've sold all holding on Pantech the other day. Balance = 0.

Just bought myself Kfima at 0.755sen.

Anonymous said...

Bought back partial Huaan at 51.5sen now, realize intraday gain.

Increase further Complet at 60sen

horse said...

Bought more GENM at 2.91.

Anonymous said...

Bought another half Huaan at 51sen, realize all intraday profit instead of T+1

Anonymous said...

Bursa close still up 8.5pts, but most Asian market and European market are in correction mode now, likely bursa may follow tomorrow. Reserve margin line prepare bargain hunt tomorrow.

Bought also some OKA at 63.5-64.5sen in the afternnon session.

Trading Portfolio
81.9% Huaan (holding unchange due to buyback in the afternoon session)

Core Portfolio:
10.4% TWRREITs
18.6% Complet
3.8% OKA

Anonymous said...

Sold half of TWRREITs at 1.16, realize T+3 profit.

Trading Portfolio
81.9% Huaan

Core Portfolio:
5.4% TWRREITs
18.6% Complet
3.8% OKA

Anonymous said...

Just sold off all remaining TWRREITs at 1.17, realize all T+3 profit

Trading Portfolio
81.9% Huaan

Core Portfolio:
18.6% Complet
3.8% OKA

Anonymous said...

Bought some OKA at 62.5sen

Trading Portfolio
81.9% Huaan

Core Portfolio:
18.6% Complet
6.4% OKA

Anonymous said...

Increase Huaan stake, bought at 50.5-51sen

Trading Portfolio
99.1% Huaan

Core Portfolio:
18.6% Complet
6.4% OKA

Anonymous said...

Increase further stake in OKA at 62.5-63.5sen. Total portfolio in the morning session

Trading Portfolio
99.7% Huaan

Core Portfolio:
18.6% Complet
10.8% OKA

horse said...

wow, Huaan trading at 0.51/0.515 now...
hng, your timing and execution is perfectly beautiful. Deserve to make many and couple with d volume trade, you can run with profit even with single bid jump. Concentrate with few counters and bang them with volume may seem profitable even with minimal upside. Very much suit a day trader. Fast & sharp couple with good return.
My money diluted with many holdings for div & longterm. Can't seem to benefited in short term but i just used to my way of trading that generate more than 10% return yearly. Satisfied with my current performance. Old man style & part timer trading. Hahaha.

Anonymous said...

Increase again Huaan at 50.5sen and OKA at 62.5sen Total portfolio until now

Trading Portfolio
110% Huaan

Core Portfolio:
18.6% Complet
12.3% OKA

Anonymous said...

Further increase Huaan at 50sen and OKA at 62sen

Final portfolio for today

Trading Portfolio
136.9% Huaan

Core Portfolio:
18.6% Complet
17.2% OKA

Anonymous said...

Horse,

There is no such thing as perfect trading strategy. The only true is try to make odds in favour.
e.g. I'm buying further Huaan and OKA on weakness today to further reduce holding cost and increase chance to breakeven/gain.

My niche strategy is volume and sell once record reasonable profit or catalyst has emerge such as dividend payout annonucement.

Horse, you are truely long term investor and have keep stocks like Guiness, bjtoto, Pbbank for decade and have been rewarded by consistent dividend. I hope one day, i can be passive invesotr as well, holding just good and high yield stocks and rely just its dividend as main source of income (financial freedom state) :)

Anonymous said...

horse

Your portfolio have track record of report at least 10% return pa, but the more important thing is whether or not the return is compounding.

Take example, if you have initial 100k in portfolio at your age 30yr, wealth can be double in 7.2yr, but if you can increase return by another 80% to 18% pa (in par with longterm unit trust performance), your capital only need 4 yr to double, and if compounding continue to take effect, your wealth can exceed 1 milion to 1.6milion in less than 16yr, which is just at your middle age 46yr. Hence, just need more effort and consistent, let wealth grow compounding.

horse said...

hng,

well explained. so far i never making any withdrawal from my trading account. The amount set aside is only meant for trading.
Daily expenses are drawn from my monthly salary. My current ratio of my cash account & trading account is 50:50. So far pretty stable, every month getting some income in without fail from share trading/dividend but the amount is vary. Last month was the highest in record. This month i hope for the same record or higher. If market continue it uptrend, may be able to acheive that.

Anonymous said...

Yeah!, just sold off all OKA at 65.5-66sen, realize all handsome contra Gain :)

Anonymous said...

Cut holding on Huaan to 100%, sold partial Huaan at 51sen, realize marginal loss, but may buyback later

Portfolio until now

Trading Portfolio
99.3% Huaan

Core Portfolio:
18.6% Complet

Anonymous said...

Cut further holding on Huaan again to below 70%, sold more than half Huaan at 51sen, realize loss, but may buyback later. :(

The main reason to cut Huaan is after thorough study technical analysis, Huaan has gradually loss its volume and lack of buying momentum on top of overbought status in portfolio.

However, Huaan upcoming Q2 result should serve as indicator on whether or not it manage to turnround its financial result.

Portfolio until now

Trading Portfolio
65.7% Huaan

Core Portfolio:
18.6% Complet

Anonymous said...

Sold more Huaan at 51sen, but at the same time I've buyback some Huaan at 50.5sen,

Anonymous said...

Bought back all and more OKA at 64sen, in the afternnon session

Anonymous said...

Wow lah!!

Sold off all Huaan at 51.5sen, sold back OKA at 66sen for second round profit :)

Anonymous said...

Dispose all Huaan stake at 51-51.5sen, realize one time loss, but the loss is small compared to 2 round of gain in OKA. Total net for today still record few k profit.

Today also added one new counter to core portfolio: Oriental interest (OIB), bought at 1.09-1.10

OIB is cash rich company (net cash per share : 75sen/share) and high dividend: 10sen (9.1% yield). Expect to propose its dividend together its Q4 result by this month.

Portfolio for today

Core Portfolio:
33.7% OIB
18.6% Complet

horse said...

OIB, properties counter. Very thin trading volume, recently spur some interest with volume, not a bad choice.

horse said...

but i prefer your Complet than OIB.

Anonymous said...

You are right, OIB volume is too slim to accumlate in subtantial volume.

However, somehow today got seller willing to sell in big volume, which in turn allow portfolio to accumulate to about 33.7%.

Although OIB is property counter mainly develop property in Kedah and manufacure rubber wood product, but through associate company, it also derive profit from palm oil plantation. This characteritic is very similar to Keladi.

OIB may rich in valaution in turn of PE, but its NTA is at RM3 and almost 70% current share price is consist of cash value.

Anonymous said...

Currently, i wish can accumlate complet, but there is no big seller.

Anonymous said...

Bought up to 100% GEM at 2.90 this morning. This stock has been underperform recently !?

Trading Portfolio
100% GENM

Core Portfolio:
33.7% OIB
18.6% Complet

Anonymous said...

Just within 20min, already sold off all GENM at 2.92-2.93, realize quick intraday profit

Anonymous said...

Bought some Complet at 60sen

Core Portfolio:
33.7% OIB
20.3% Complet

horse said...

COngrat on GENM...Laughing all the way to Bank...hehehe

Anonymous said...

No much gain form GENM, just slightly above a k only.

Someone has pushed complet to 75sen with just 1 lot !?

Anonymous said...

Just manage to increase further complet stake at 60sen.

Today, also added another new counter: Kumpulan Fima, bought at 71sen. Kfima is expect to announce its 3sen dividend soon.

Core Portfolio:
33.7% OIB
26.4% Complet
11.3% Kumpulan Fima

horse said...

I just increase my stake on Kfima as well at 71sen.
Queueing to buy TGOffs at 1.46.

horse said...

Just bought myself TGOFFS at 1.46.

Anonymous said...

Bought more KFima at 71.5sen


Core Portfolio:
33.7% OIB
26.4% Complet
25.8% Kumpulan Fima

Anonymous said...

Increase further KFima at 71sen


Core Portfolio:
33.7% OIB
26.4% Complet
36.1% Kumpulan Fima

Anonymous said...

Market close in positive territory, despite most Asian and European market under selling pressure. I think local market are getting support from institutional fund, in particular PNB which have gather more fund from public from its ASM (1.3 bilion) and AS1M (10 bilion).

Increase further KFima at 71sen, which have become biggest holding in portfolio now.

Core Portfolio:
39.6% Kumpulan Fima
33.7% OIB
26.4% Complet

Anonymous said...

Apart form upcoming dividend of 3sen, Kfima is alernative to fimacorp (60% subsidary) to indirectly expose to concessionaire secruity printing business, which is solid cash cow.

With gradually mature palm oil plantation in indonesia, fiamcorp has make turnaround and report huge profit jump in plantation division.

Recently, Kfima also increase its property portfolio by exchange 4 parcel of leaseland to 14 office units at Tower B, PJ Trade Centre.

Hence, current earning driver for KFima are Manufacture secruity priniting, plantation (both through Fimacorp), bulking and property investment income.

In turn of valuation, Kfima is one of the still undervalue stock in the market now.

EPS 2008: 17.7sen, NTA: 1.27, nearing zero gearing; dividend: 3sen. If based of historical PE:5x, Kfima potential subject to re-rating up to 88sen.

horse said...

what a coincident, kfima pe=5 at price 88sen is what i initially calculated as well.
we both having something in common.
actually making money in stock market is not that hard after all.
stick to low valuation and undervalue shares will at least safeguard your investment risk by half.

Anonymous said...

There are still many stock waiting for recover and deserve better valuation. Lets work together to find them out :)

horse said...

AIG reported 1st qtrly profit. Share price jump 18%.
I wonder it will happen to Citigroup ? Current trading price at USD3.87. Not sure is a good catch ?

horse said...

Old news but worth reading & consideration...

NEW YORK - Citigroup Inc. surprised Wall Street Friday, reporting a $3 billion second-quarter profit instead of the big loss analysts expected.

Citigroup became the fourth big bank to report strong results for the quarter. Citi announced its results shortly after Bank of America Corp. also beat expectations with earnings of $2.42 billion. The pair of profit reports follows strong earnings from Goldman Sachs Group Inc. and JPMorgan Chase & Co. earlier in the week.

However, Citi's profit was not driven by improved trading like other banks, and instead came from the gain on the sale of its Smith Barney unit and the increasing values of some of its riskier assets that had plunged during the credit crisis. Citi recorded an after-tax gain of $6.7 billion on the sale of a majority stake in its Smith Barney brokerage unit to Morgan Stanley.

After paying preferred dividends, the New York-based Citigroup earned 49 cents per share versus a loss of $2.59 billion, or 55 cents per share, during the same quarter last year. Analysts forecast a loss of 37 cents per share for the quarter, according to Thomson Reuters.

Citi has been among the hardest hit by the credit crisis and ongoing recession. It has received $45 billion in funds from the government and guarantees to protect against losses on more than $300 billion in risky assets. The government is in the process of acquiring a 34 percent stake in the bank as part of a broader debt exchange program.

The exchange program will provide Citi a better mix of capital to withstand additional loan losses and further weakening in the economy. By turning preferred shares into common stock, Citi also no longer has to pay out dividends on the preferred shares, thus helping improve its cash flow.

Like other large retail banks, such as Bank of America, Citi is still facing mounting loan losses as the recession continues. Citi set aside $12.68 billion to cover loan losses during the second quarter, compared with $7.1 billion during the year-ago period.

Christine Barry, a research director at Aite Group, said credit losses are "still a big concern" at Citigroup. "As long as unemployment continues to rise, any consumer credit is still at risk."

Big banks have faced mounting losses across a wide range of credit, from mortgages to home equity loans to credit cards, as more customers struggle to repay loans during the recession.

Trying to better manage the mounting losses and return to profitability, Citi took a radical step to realign its operations in January, splitting its operations into two entities. After suffering a fifth-straight quarterly loss during the last three months of 2008, Citi split its operations into Citicorp and Citi Holdings. The first is focused on traditional banking around the world, while the second will hold the company's riskier assets and tougher-to-manage ventures.

The move allows it to more easily sell off those riskier assets and keep their losses separate from the traditional businesses — the operations where Citi is now squarely focused.


Click for related content
Big bank results masks industry weakness
Bank of America posts $2.4 billion profit

Citi Holdings generated an operating profit of $1.36 billion during the second quarter, compared with a loss of $5.23 billion thanks to the gain on the Smith Barney sale. Citi Holdings also recorded an increase of $1 billion in the value of some of its risky assets, primarily related to subprime mortgages. The value of those same investments was cut by $6.6 billion during the same quarter last year.

A collapse of the housing market in 2007, primarily due to rising defaults among subprime mortgages, was one of the primary causes of the credit crisis and recession.

At Citicorp, operating profit fell 11 percent to $3.06 billion during the second quarter. The decline was primarily the result of foreign currency exchange and rising credit losses.

horse said...

sold my TGOFFS at 1.53.

horse said...

Added more kfima at 0.705sen.

Anonymous said...

Good trade on TGOffs.

I've also increase stake in KFima at 70.5-71sen in morning

Anonymous said...

Bought more KFima at range 70.5 - 71.5sen in the morning session:


Core Portfolio
52.3% Kumpulan Fima
33.7% OIB
26.4% Complet

horse said...

sold kfima at 0.75sen.

Anonymous said...

Wow lah


Kfima soaring now!!!!!!

Have bought additional KFima at 71sen in afternnon session, but soon sold off all KFima at 75-76sen now!!!! What a day!! realize all intradya and T+1 very handsome profit. ha ha

Core Portfolio
33.7% OIB
26.4% Complet

horse said...

COngrat hng,,,,again laughing all d way to Bank.

Anonymous said...

Horse, congrat to you too for good and rewarding investment on Kfima and TGOFF. Ha, laughing all d way to Bank..

I've increase further stake on OIB at 1.09-1.10. Market turnaround in last min, up again by 3pts.

Core Portfolio
45.8% OIB
26.4% Complet

horse said...

wow, look at Tanjong is 16 buck now...If hang on to that, easily RM2 per lot in pocket.

Anonymous said...

Wow lah

Today pocketing another round of handsome intaday profit!!!
Kfima and OKA, Cenbond in 30min: These three in radar stocks are all trade cum dividend.

Bought KFima at 74-75sen; sold all at 76-77sen

Bought oka at 73-74.5sen, sold all at 76-77sen

Bought Cenbond at 67-68.5sen, sold all at 70sen

Anonymous said...

Sold some Complet at 65.5-66sen. Complet has declare 3 sen tax exampt dividend. Expect this cum-dividend stock will trade like Cenbond, weida, oka, kfima.

Anonymous said...

Sold some Complet at 65.5-66sen. Complet has declare 3 sen tax exampt dividend. Expect this cum-dividend stock will trade like Cenbond, weida, oka, kfima.

horse said...

Not bad, not bad.
Early in the morning already have profit in. haha.

Anonymous said...

Wow, profit taking set in fast, market down more than 2pts.

All three target stocks are retreating, may pose another oppurtunity to buy.

Anonymous said...

I would prefer fear factor rather than greed factor controlling my trading behaviour. At least it lock in profit and realize gain.

horse said...

Macroeconomics

· Asian economies take the limelight today. At home, industrial production fell 9.6% YOY in Jun compared to -11.3% a month earlier, the least in seven months as contraction in exports eased on the back of increasing signs that the global recession is abating.

· Singapore posted an annualized growth of 20.7% in 2Q (1Q: -12.2%), underpinned by surge in the pharmaceutical production and inventory restocking in the electronics sector. On an annual basis, GDP fell 3.5% YOY in 2Q compared to -9.5% in 1Q. The economy is projected to shrink between 4% and 6% this year, compared to earlier forecast of contraction as low as -9%. However, the job market is expected to remain weak.

· In Japan, Economy Watchers Outlook index slipped to 44.9 from 45.6 in Jun on worries of deterioration in wages and employment. The BOJ is expected to hold the key rate at 0.1% in its meeting today, and focus on sustainable recovery and deflation risk.

· This morning, China posted stronger gains in industrial production of 10.8% in Jul, as well as expansion of 15.2% in retail sales, thanks to sturdy growth in loans and record stimulus spending by the government. Urban fixed-asset investment for the seven months to end-Jul rose 32.9%, smaller than forecast, but the nation is still poised to expand by 8% this year.

Anonymous said...

Today busy with property matter, sign S&P and loan agreement already spending more than half day. Now, have to prepare renovation matter; interior design, landscaping etc.....

Except early morning trading, no other trade was done. Core Portfolio remain relative unchange, except sold some Complet

45.8% OIB
23.5% Complet

horse said...

Hektar declares 2.4sen dividend.

Anonymous said...

Bought some Kfima at 72.5-73sen in morning session

Anonymous said...

Market seem resist to make meaningful correction. High liquidity render good support. Manage to trade some in moning session, bought Kfima and sold some complet.

Portfolio now:
45.8% OIB
21.4% Complet
11.6% Kfima

horse said...

Am considering buying back Kfima as well.

Anonymous said...

Finally, market follow regional trend, under correction.

Bought more Kfima at 71.5-72.5sen now.

Portfolio now:
45.8% OIB
21.4% Complet
23.1% Kfima

horse said...

bought Kfima at 0.715.

Anonymous said...

Bought more Kfima at 71.5-72sen

Portfolio now:
45.8% OIB
21.4% Complet
36.8% Kfima

Anonymous said...

Just increase more Kfima at 71-71.5sen

Portfolio now:
66.8% Kfima
45.8% OIB
21.4% Complet

Anonymous said...

Market close, down 5.7ps. Bought more Kfima and sold some complet

Portfolio now:
75.3% Kfima (average cost 71.7sen)
45.8% OIB
18.2% Complet

Anonymous said...

Both Genting and GENM are trading at 6.05 and 2.79 !? Horse, are you planning to increase them?

I keen to trading buy just now, but I have limited power to purchase as most capital already committed on Kfima.

Nevertheless, portfolio still have 60% margin line, but it mainly reserve for Kfima if continue on weakness tomorrow. Lets hope Kfima will perform again.

horse said...

Ya, feel like adding more on GENM but will bang on Kfima first. See how it go on Genting & Genm. Will monitor closely.
Genting SP doing very good today touches 90sen.

horse said...

volume above 1b, hope its not a distribution.
Still quite positive with the market. Hope market rally further.

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