Sold all KELADI.
Bought more KPJ-CA and sold all.
Bought more PBBANK-CN and sold all.
Bought PCHEM-CA from 0.39 to 0.395. *** Buy Call from me ***
2. KENCANA-CF nett worth at 0.0853sen, i bought them all at 0.075sen. Total profit is 0.0853 - 0.075 = 0.0103sen. % return about 0.0103/0.075 * 100 = 13.7%, not bad, right ?
3. Guy, every month just need to strike one BIG one like KENCANA-CF is good enough already. Just imagine 13% per month will make 13 *12 = 156% a year. We slash this figure 156% by 30% off due to off target, 30% off 156% is = 46.8%, that will make the figure to 156 - 46.8 = 109.2%. Still can get > 100% return per year, so achieving 100K per year is within reach. :) Will just need to wait and see by year end, see if my target is attained. Good Luck all.
4. lofan, your new trading strategy ? working fine so far ?
9 comments:
Hi Horse,
Congratulation on your KENCANA-CF.
Well Done !!!!
Hi Horse,
What is the Exercise Expenses for Kencana-CF ?
i think a charge of one off RM15 - RM20 from banker side.
hi Horse,
I am a newbie, how to calculate the exercise expense
hi Horse,
I brought some DRB CE and not sure whether to exercise or sell it. Which cost is higher selling fee or exercise fee?? many thanks
adnickom,
at what price you bought drb-ce ?
drb-ce enter the first day on Monday, with such a small conversion ratio, i prefer to buy it on Wednesday which is the last day of trading as the risk will be mitigated. If you are making profit now, by all mean just sell it with profit. If you opt to exercise make sure you have buffer to counter the selldown, menaning, you must have at least profit of 0.015c from the nett worth of drb-ce to counter the selldown.
Start tracking the average starting on Monday (25/7/2011) and be alert till Wednesday, if you find that you still have margin of profit by 0.015c then go for exercise else if you can take profit, just take it without hesistating, anyhow money on hand is still the best. :)
Exercise will incur less cost, when you sell over the market you will subject to brokerage fee but my advise is just take profit whenever you can. Good Luck.
Hi Horse,
Thanks for ur advice. My drb ce av. price is at 0.142, I think I will opt for exercise. Projecting mother to stay at current price if not higher.
0.142 is a very good price you get. Just monitor the nett worth closely, current nett worth for dbr-ce is 0.165, so you have plenty of margin there (0.023c). Can afford to wait till Wed, see if market jitter than better take profit else if everything seem alright then can opt for exercise.
Horse, nice knowing ur blog, hope can learn more from you next time. Wishing u good luck and make ton of $$$ by year end.
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