1. I submitted my application for Pavilion REIT IPO today, since the market sentiment is so bad. Stay sideline at the moment.
2. Expect Dow Jones will start red tonight as Dow Jones future is in deep red as well. :(
3. Get ready for a coaster ride. Good Luck.

Bought ultramax UOA development at 1.40
ReplyDeletehng
ReplyDeleteCongrat.. Your timing really perfect ..
Sold UOA at 1.43, realize quick intraday gain
ReplyDeletePortfolio today adds new stock; bought YTLland at 1.04
ReplyDeleteBought ultramax on UOA at 1.36; YTL land at 1.01; Hapseng at 1.36
ReplyDeleteSold UOA at 1.39 and YTL land at 1.02, realize quick intraday gain :)
ReplyDeleteBought PJdev at 76sen
Sold Hapseng at 1.38, realize intraday gain
ReplyDeletePJdev is expect to declare dividend of 5sen today, give rise to yield of 6.6%
ReplyDeleteBought back again UOA development at 1.37; YTL land at 1.01
ReplyDeleteSold UOA dev at 1.42, YTL land at 1.03, realize second round handsome intraday gain
ReplyDeleteIncrease further stake of PJ dev at 76-76.5sen.
ReplyDeletePj dev just announce its Q1 result, EPS increased by 44% at 2.83sen; NTA= RM 1.98 and declared dividend of 5sen, ex-date on 12 Dec
ReplyDeleteMy application on pavreit unsuccessful. :(
ReplyDeleteHng
ReplyDeleteHow do you see the Market. Down 13pts but the small caps are holding pretty well.
Bought UOA dev at 1.38
ReplyDeleteSold back UOA dev at 1.40, realize quick intraday gain
ReplyDeletePortfolio also in last min sold off all Maybank at 7.95, realize one off loss. As portfolio have opt to Maybank dividend reinvestment plan, which could further limit the loss incur.
ReplyDeleteWith that, portfolio have manage to free up more margin line to prepare for uncertainty in the market ahead.
alwayswin111
ReplyDeleteGenerally, small cap trade at more fair valuation (PE: 4-7x) than those big cap stocks (PE: 10-15x). Therefore, in time of uncertainty, big cap have more room for adjustment in turn of PE valuation to reflect risk.
Hng
ReplyDeleteI admire your skill in trading Uoadev. I dare not trade because of the poor market sentiment and also overhead resistance at M50.
Need to learn from you. Thanks for your sharing