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
Bought maximum GENM at 2.91.
ReplyDelete(GENM has initiate share buyback, downside risk minimum)
Market may still under correction mode, decided to sold back all GENM at 2.93, realize first round intraday gain
ReplyDeleteSold off all Huaan at 51.5, realize one time loss. But, may fire back to buyback at ower price.
ReplyDeleteBought maximum on both GENM and GENTING at 2.90 and 6.30, respectively.
ReplyDeleteAgreed 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
ReplyDeletewow, carslbg continue its upbeat after announced plans to aquire carslbg Singapore.
ReplyDeleteWorth for long term investment, in view of its higher earning expected.
Yeah!
ReplyDeleteSold back all GENM at 2.93, realize second round higher intraday gain.
Sold all Genting at 6.35, realize first intraday gain
Aiya!
ReplyDeleteMiss oppurtunity on Huaan, share price up 0.5sen, to 52sen. :(
Bought back partial GENM at 2.91 :)
Bought more GENM at 2.89
ReplyDeleteUsed up maximum margin for GENM, but still reserve 50% margin as bullet to fire back Huaan.
ReplyDeletePortfolio 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)
Sold partial ARREITs at 75.5sen
ReplyDeletePortfolio 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
This morning also manage to buy little Cenbond and OKA at 56-57sen.
ReplyDeleteHave 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
Horse
ReplyDeleteI 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.
Huaan look like no chance to buyback at lower price. :(
ReplyDeleteChannel some of margin to increase stake in Cenbond: bought more Cenbond at 57sen
Bought more Cenbond at 57.5sen, still very confident of its upcoming dividend
ReplyDeleteTotally give up Huaan, bought Genting at 6.30
ReplyDeleteYeah!
ReplyDeleteI did it again, sold GENM at 2.92, realize 3rd round of intraday profit..:)
wow hng,
ReplyDeleteanother 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.
Your carlsberg finally reflect its intrinsic value and trying to catch up share price and make U-turn from slumping downtrend since last yr
ReplyDeleteIn the meanime, i've also sold out all Genting at 6.35 and remaining ARREITs at 75.5sen
ReplyDeleteWah lah
ReplyDeleteGot people chase after me, Cenbond and OKA all up...
Manage to get some Complet at 57.5sen
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.
ReplyDeleteBought 50% GENM at 2.89
ReplyDeleteMarket close, down just 3.8pts. Unable to sell back GENM :(
ReplyDeleteNeverthelss, 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)
again loaded 150% :)
ReplyDeleteConfirm, OKA has just officially declare F&F dividend of 4sen, yield: 6.6% nased on closing price 61sen
ReplyDeleteThe 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
congrat on your oka....
ReplyDeleteLaughing all the way to Bank...
Today is my D-day..
ReplyDeleteOka soaring, sold off at 65-70sen, realize more than 10% net return...
Sold all GENM at 2.93..
Really exciting now. :)
wow, oka really roaring.
ReplyDeleteGood trade & congrat !!!
> 10% !!! Really laughing all d way 2 BANK !!!! hahaha
Sold off all Cenbond at 61.5-62.5, realize all paper profit. Cenbond has proposed 4sen TE dividend
ReplyDeletePortfolio now almost empty.. just have
7.9% Complet (3 sen TE dividend)
With today trading, i've got back more than 10% deposit paid to acquire new hourse..Ha!
ReplyDeleteNow, i've to restart searching for next winning stocks..
Today is MPH promotion, member get enjoy 20% discount. Need to get some new idea from bookstore..
ReplyDeleteHave a good weekend
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
ReplyDeleteI've bought some TWRREITs at 1.09-1.10. TWRREITs is due to announce its dividend income.
ReplyDeleteCore 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..
first day of bids structure causing market to drop... :(
ReplyDeleteMarket seem overbought, some correction is healthy to absorb selling pressure.
ReplyDeleteNew 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.
Bought more than 80% Huaan at 51sen in the afternoon session
ReplyDeleteStock 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.
ReplyDeleteTrading Portfolio
81.9% Huaan
Core Portfolio:
10.4% TWRREITs
7.9% Complet
Make a quick intraday gain on KFIMA, bought 0.655 and sold them at 0.69.
ReplyDeleteWow, Pantech 87sen now...
ReplyDeleteOil 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.
ReplyDeleteBuying stock even now could potentially reap handsome return. Trading strategy now: buy on weakness and sell on strength.
Just look at how Tanjong has perform so far, the stock will likely play catch up to match other bluechip valuation.
ReplyDeleteNonethelss, current strategy not allow portfolio to buy and hold, have to let go on this giant.
Sold more than half Huaan at 52-52.5sen, realize T+1 profit in morning session
ReplyDeleteTrading Portfolio
36.4% Huaan
Core Portfolio:
10.4% TWRREITs
7.9% Complet
Bought 10% Pantech at 87-87.5sen
ReplyDeleteTrading Portfolio
36.4% Huaan
10.1% Pantech
Core Portfolio:
10.4% TWRREITs
7.9% Complet
Just sold off all Pantech at 88-89sen, realize intraday profit.
ReplyDeleteSold off all remaining Huaan at 52sen, realize all T+1 profit
ReplyDeleteGood trade bro.. :)
ReplyDeleteIncrease stake in complet, bought at 59-60sen
ReplyDeleteCore Portfolio:
10.4% TWRREITs
9.2% Complet
Horse, your pantech continue to soar, surpass 90sen, at 90.5sen now! laughing all d way 2 bank alrdy
ReplyDeleteBought additional Complet at 60sen
Core Portfolio:
10.4% TWRREITs
12.8% Complet
i've sold all holding on Pantech the other day. Balance = 0.
ReplyDeleteJust bought myself Kfima at 0.755sen.
Bought back partial Huaan at 51.5sen now, realize intraday gain.
ReplyDeleteIncrease further Complet at 60sen
Bought more GENM at 2.91.
ReplyDeleteBought another half Huaan at 51sen, realize all intraday profit instead of T+1
ReplyDeleteBursa 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.
ReplyDeleteBought 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
Sold half of TWRREITs at 1.16, realize T+3 profit.
ReplyDeleteTrading Portfolio
81.9% Huaan
Core Portfolio:
5.4% TWRREITs
18.6% Complet
3.8% OKA
Just sold off all remaining TWRREITs at 1.17, realize all T+3 profit
ReplyDeleteTrading Portfolio
81.9% Huaan
Core Portfolio:
18.6% Complet
3.8% OKA
Bought some OKA at 62.5sen
ReplyDeleteTrading Portfolio
81.9% Huaan
Core Portfolio:
18.6% Complet
6.4% OKA
Increase Huaan stake, bought at 50.5-51sen
ReplyDeleteTrading Portfolio
99.1% Huaan
Core Portfolio:
18.6% Complet
6.4% OKA
Increase further stake in OKA at 62.5-63.5sen. Total portfolio in the morning session
ReplyDeleteTrading Portfolio
99.7% Huaan
Core Portfolio:
18.6% Complet
10.8% OKA
wow, Huaan trading at 0.51/0.515 now...
ReplyDeletehng, 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.
Increase again Huaan at 50.5sen and OKA at 62.5sen Total portfolio until now
ReplyDeleteTrading Portfolio
110% Huaan
Core Portfolio:
18.6% Complet
12.3% OKA
Further increase Huaan at 50sen and OKA at 62sen
ReplyDeleteFinal portfolio for today
Trading Portfolio
136.9% Huaan
Core Portfolio:
18.6% Complet
17.2% OKA
Horse,
ReplyDeleteThere 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) :)
horse
ReplyDeleteYour 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.
hng,
ReplyDeletewell 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.
Yeah!, just sold off all OKA at 65.5-66sen, realize all handsome contra Gain :)
ReplyDeleteCut holding on Huaan to 100%, sold partial Huaan at 51sen, realize marginal loss, but may buyback later
ReplyDeletePortfolio until now
Trading Portfolio
99.3% Huaan
Core Portfolio:
18.6% Complet
Cut further holding on Huaan again to below 70%, sold more than half Huaan at 51sen, realize loss, but may buyback later. :(
ReplyDeleteThe 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
Sold more Huaan at 51sen, but at the same time I've buyback some Huaan at 50.5sen,
ReplyDeleteBought back all and more OKA at 64sen, in the afternnon session
ReplyDeleteWow lah!!
ReplyDeleteSold off all Huaan at 51.5sen, sold back OKA at 66sen for second round profit :)
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.
ReplyDeleteToday 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
OIB, properties counter. Very thin trading volume, recently spur some interest with volume, not a bad choice.
ReplyDeletebut i prefer your Complet than OIB.
ReplyDeleteYou are right, OIB volume is too slim to accumlate in subtantial volume.
ReplyDeleteHowever, 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.
Currently, i wish can accumlate complet, but there is no big seller.
ReplyDeleteBought up to 100% GEM at 2.90 this morning. This stock has been underperform recently !?
ReplyDeleteTrading Portfolio
100% GENM
Core Portfolio:
33.7% OIB
18.6% Complet
Just within 20min, already sold off all GENM at 2.92-2.93, realize quick intraday profit
ReplyDeleteBought some Complet at 60sen
ReplyDeleteCore Portfolio:
33.7% OIB
20.3% Complet
COngrat on GENM...Laughing all the way to Bank...hehehe
ReplyDeleteNo much gain form GENM, just slightly above a k only.
ReplyDeleteSomeone has pushed complet to 75sen with just 1 lot !?
Just manage to increase further complet stake at 60sen.
ReplyDeleteToday, 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
I just increase my stake on Kfima as well at 71sen.
ReplyDeleteQueueing to buy TGOffs at 1.46.
Just bought myself TGOFFS at 1.46.
ReplyDeleteBought more KFima at 71.5sen
ReplyDeleteCore Portfolio:
33.7% OIB
26.4% Complet
25.8% Kumpulan Fima
Increase further KFima at 71sen
ReplyDeleteCore Portfolio:
33.7% OIB
26.4% Complet
36.1% Kumpulan Fima
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).
ReplyDeleteIncrease further KFima at 71sen, which have become biggest holding in portfolio now.
Core Portfolio:
39.6% Kumpulan Fima
33.7% OIB
26.4% Complet
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.
ReplyDeleteWith 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.
what a coincident, kfima pe=5 at price 88sen is what i initially calculated as well.
ReplyDeletewe 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.
There are still many stock waiting for recover and deserve better valuation. Lets work together to find them out :)
ReplyDeleteAIG reported 1st qtrly profit. Share price jump 18%.
ReplyDeleteI wonder it will happen to Citigroup ? Current trading price at USD3.87. Not sure is a good catch ?
Old news but worth reading & consideration...
ReplyDeleteNEW 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.
sold my TGOFFS at 1.53.
ReplyDeleteAdded more kfima at 0.705sen.
ReplyDeleteGood trade on TGOffs.
ReplyDeleteI've also increase stake in KFima at 70.5-71sen in morning
Bought more KFima at range 70.5 - 71.5sen in the morning session:
ReplyDeleteCore Portfolio
52.3% Kumpulan Fima
33.7% OIB
26.4% Complet
sold kfima at 0.75sen.
ReplyDeleteWow lah
ReplyDeleteKfima 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
COngrat hng,,,,again laughing all d way to Bank.
ReplyDeleteHorse, congrat to you too for good and rewarding investment on Kfima and TGOFF. Ha, laughing all d way to Bank..
ReplyDeleteI'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
wow, look at Tanjong is 16 buck now...If hang on to that, easily RM2 per lot in pocket.
ReplyDeleteWow lah
ReplyDeleteToday 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
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.
ReplyDeleteSold 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.
ReplyDeleteNot bad, not bad.
ReplyDeleteEarly in the morning already have profit in. haha.
Wow, profit taking set in fast, market down more than 2pts.
ReplyDeleteAll three target stocks are retreating, may pose another oppurtunity to buy.
I would prefer fear factor rather than greed factor controlling my trading behaviour. At least it lock in profit and realize gain.
ReplyDeleteMacroeconomics
ReplyDelete· 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.
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.....
ReplyDeleteExcept early morning trading, no other trade was done. Core Portfolio remain relative unchange, except sold some Complet
45.8% OIB
23.5% Complet
Hektar declares 2.4sen dividend.
ReplyDeleteBought some Kfima at 72.5-73sen in morning session
ReplyDeleteMarket seem resist to make meaningful correction. High liquidity render good support. Manage to trade some in moning session, bought Kfima and sold some complet.
ReplyDeletePortfolio now:
45.8% OIB
21.4% Complet
11.6% Kfima
Am considering buying back Kfima as well.
ReplyDeleteFinally, market follow regional trend, under correction.
ReplyDeleteBought more Kfima at 71.5-72.5sen now.
Portfolio now:
45.8% OIB
21.4% Complet
23.1% Kfima
bought Kfima at 0.715.
ReplyDeleteBought more Kfima at 71.5-72sen
ReplyDeletePortfolio now:
45.8% OIB
21.4% Complet
36.8% Kfima
Just increase more Kfima at 71-71.5sen
ReplyDeletePortfolio now:
66.8% Kfima
45.8% OIB
21.4% Complet
Market close, down 5.7ps. Bought more Kfima and sold some complet
ReplyDeletePortfolio now:
75.3% Kfima (average cost 71.7sen)
45.8% OIB
18.2% Complet
Both Genting and GENM are trading at 6.05 and 2.79 !? Horse, are you planning to increase them?
ReplyDeleteI 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.
Ya, feel like adding more on GENM but will bang on Kfima first. See how it go on Genting & Genm. Will monitor closely.
ReplyDeleteGenting SP doing very good today touches 90sen.
volume above 1b, hope its not a distribution.
ReplyDeleteStill quite positive with the market. Hope market rally further.