1. Scalp traded the above today.
2. Sold some UOADEV at 1.47 & 1.52 respectively and buy back some at 1.51. :) Hope it will surge higher tomorrow. ;) Judging today trades, it seem 1.52 is quite solid, quite a lot of buy up at this level. Not sure it will be surging from here starting tomorrow. :)
3. Congratz hng and also Teng on your UOADEV. :) Well done comrades !! It is this type of atmosphere that keep us going on KLSE. :) Let's keep up the good work and continue burning.
4. My favourite quotes " Laughing All The Way To The Bank" and GOOD LUCK !!
BJTOTO shot up 11sen today. :)
ReplyDeleteHorse
ReplyDeleteI bought 4.30 and sold 4.36 about 2 or 3 weeks ago
Market slumping down again, Time for shopping spree again!?
ReplyDeleteHng
ReplyDeleteDon't know what to buy.UOADev,Mudajya,YTLLand?
Bought UOADev at 1.47. Realise contra gain( sold 1.51 yesterday)
ReplyDeleteI really enjoy reading this blog. All of you Horse, Hng , Teng unselfishly share your trades. And the way all of you interact like 'abang-adik'..
ReplyDeleteYou all deserve to 888.
As for me , a bit sad la.. Bought Jtiasa and MMCCORP about 3 weeks ago. Did not cut loss. Hmmm... You win some , you lose some. Any advice?
Bought Faber at 1.40
ReplyDeleteBought ultramaixmum YTL Power-WB at 37sen
ReplyDeletealwayswin111
ReplyDeleteWhat is your holding cost for Jtiasa and MMCCorp?
Current weakness in Jtiasa probably due to downturn in CPO price, affecting all planter and arise doubt over its aggressive expansion in its palm oil division through 15% private placement. Nevertheless, short term catalyst will be come from its bonus issue.
On the other hand, MMCCOrp still await listing of its subsidiary, Gas Msia, which could account one off windfall profit. In addition, impending listing of its another wholly own subsidiary, malakroff will even contribute huge lump sum profit next year.
Alwayswin111
ReplyDeleteHorse and I also suffer losses in YTLPower-WB.We win some,but also have to accept losses
Will follow Hng to buy YTLpower-WB at 37 in afternoon session
Hng
ReplyDeleteJTIASA bot at 9.60 (5000shrs)
MMCCORP at 2.87 (5000shrs)
Hng
ReplyDeleteBy the way , you all are simply amazing, taking time off from your trading to reply me.
God Bless
p.s actually I also have TDM , Pos, Hapseng-WA , MPHB . Disposed my GENP recently. Wanted to clear all plantation stocks when Rhb downgraded the sector, but hesitated.
Sold partial YTL Power-WB at 37.5sen, realize intraday gain first.
ReplyDeleteBought Mudajay at 2.52
ReplyDeleteSold off all YTL Poiwer-WB at 37.5sen, realize all intraday agin.
ReplyDeleteBought more Faber at 1.37, reduce holding cost
Bought ultramaximum Mudajaya at 2.52
ReplyDeleteTrade today
ReplyDelete1)Bought UOADev at 1.47
2)Bought YTLPower-WB at 37
Hesitated if to sell YTLPower-WB at 37.5 for small profit. Decided to hold so to average down holding cost
KUALA LUMPUR: YTL Power International Bhd's 50 million warrants (YTL Power-WB) were transacted at 24.5 sen each on Friday, which was 14.5 sen or 37% below Thursday's closing price of 39 sen.
ReplyDeleteStock market data showed the YTL Power-WB accounted for a 4.24% stake, based on the 1.176 billion warrants issued.
At 4.32pm, the warrants were down 1.5 sen to 37.5 sen in regular trading session.
Hng
ReplyDeleteDo you use TA IN YOUR TRADING?
alwayswin111
ReplyDeleteTA secutieis? no, i'm using pbebank.online
Dow future signal positive open, lets hope it can sustain, so that next week our maket can follow :)
Most European market turn green following Dow future, lets hope for rebound next week.
ReplyDeleteHng
ReplyDeleteDo you think 50mil YTLPower-Wb transaction( I believe it off market deal)is good news?With this 50million share sold,YTLCorp hold aout 75% or less in YTLPower-WB
Hng
ReplyDeleteSorry for my vague question. I mean technical analysis. You see normally I am quite disciplined in applying stop loss., but recently I have been adopting bad habits. Hence holding substantial paper losses.
Eg when I bought Jtiasa, I had noted down to stop loss at 9.31 . This is a lesson well learnt for me.
May be buying FABER on Monday.
hi alwayswin,
ReplyDeleteWelcome !!
How long have you been in stock market ?
hng,
ReplyDeleteFrom where you get the YTLPOWER-WB 50m transacted at 0.245 news ?
I can't get in the announcement.
Was it true ? This type of off market deal should have published in announcement else the reliability of this news maybe a question....
Selling dirt cheap, something unusual, there should be clauses of this deal...
I bought in MUDAJAYA at 2.57 today. A bit high. :(
ReplyDeleteWill post it maybe on Sunday.
Good job hng for getting such a low price on Mudajaya. :)
Horse
ReplyDeleteHave been trading almost 10 years. First 8 years 'tembak saja'. . Only past 2 yrs read up a lot on technical analysts and Basic candles (Steve Nison).. This improved a lot on my trading. But I tend to sell too early, oftentimes when the trend was starting.
I had actually sold everything when market hit 1600 cos based on the charts, I felt market was toppish and due for a major correction.
Had planned to trade only counters with high probability and short trades only. But greed got the better of me, I guess.
My trading commission is 0.1%. Do you have any pointers for me.
My weakness in trading :-
- selling too early (dare not let profits run)
- not buying back on pullbacks cos the entry pt is now higher
- tend to look at too many counters
Horse
ReplyDeleteStar reported YTLPower-WB transacted at 24.5cts.
Published by thestar: Friday May 18, 2012 MYT 4:36:00 PM
ReplyDeleteYTL Power's 50m warrants crossed at 24.5 sen each
KUALA LUMPUR: YTL Power International Bhd's 50 million warrants (YTL Power-WB) were transacted at 24.5 sen each on Friday, which was 14.5 sen or 37% below Thursday's closing price of 39 sen.
Stock market data showed the YTL Power-WB accounted for a 4.24% stake, based on the 1.176 billion warrants issued.
At 4.32pm, the warrants were down 1.5 sen to 37.5 sen in regular trading session
This morning, sold partial Mudajaya at 2.55, realize some contra gain first.
ReplyDeleteIncrease further stake of Tamnun, Bought more Tambun at 51.5sen
Horse, Teng
ReplyDeleteWe have to wait a little while for YTL Power to disclosed current YTL corp stake in its WB. As Q1 result is due to announced by end of this month, further detail could be gather by then to see what is the impact of cost developing YTL Power latest project smartphone and 1Betsrainet capex and whether or not YTL corp declare higher dividend than YTL Power.
alwayswin111
ReplyDeleteI do used TA to complement my stock pick, mainly to timing risk. As TA is derived from historical data, its has is limitation, but it is useful to assess resistance and support level.
Hng
ReplyDeleteThanks
Bought more Faber at 1.34, average holding cost
ReplyDeleteHng
ReplyDeleteCongratulation on Mudajya.I bought last friday( or thursday) at 2.52. Now Mudajya trade at 2.50.
Sold YTLPower-WB at 38.Finally make 1 round
YTLPower & Wb is up as at 4.27pm. Hope it will go up further
ReplyDeleteTeng
ReplyDeleteI think YTL corp not selling YTL Power-WB today, if its stake indeed reduce to below 75% now, the selling pressure will really ease off. Time to rebound
Hng
ReplyDeleteI know listing company must have min 25% public spread holding. Does it involve warrant ( excluding CWs) as well?
My YTLPower-WB is still long way to go. Cost is 47-58 cts. If take consideration of gains from previuos transaction,maybe cost is 45
Hooray.YTLCorp is now holding 73.84% of YTLPower-WB. Hope YTL will not sell WB at open market anymore
ReplyDeleteWho is the buyer of 55mil WB?
visit information analisis in my blog
ReplyDelete