1. Scalp trade on MUHIBAH this morning. :) Make 1sen. :) May have more selling pressure on this MUHIBAH as CIMB has withdrawn it support on it funding. Look like going to breach below RM1. Careful guy !!
2. Bought in more UOADEV at price 1.50 & 1.49 respectively. :)
3. Tomorrow will be the listing of FELDA, hope it can stir up some sentiment to KLSE. :)
4. Good Luck All !!
horse
ReplyDeleteAccording to UOAdev latest annual report, there are many institution investor: Among the top 10 shareholding are: EPF; SASB; Wawasan 2020; PNB; ASM; KWP; CIMB, collectively control about 15% stake, which i think at cost of 2.50, IPO price.
With incoming half year ending by these week, hope these institution investor will do window dressing for UOAdev.
Horse
ReplyDeleteI was reading a report regarding CIMB withdraw support for APH. Report said it may not be bad case for Muhibah as CIMB may have got new investor for APH
Horse/ Hng
ReplyDeleteThis week fund managers may in buying spree to push up share prices so their returns for FY ending June 30 look impressive.
Teng
ReplyDeleteCIMB analyst itself already advice client to sell Muhiubah (TP: 94sen) and switch to Mudajaya
Thanks for the infor hng & Teng.
ReplyDeleteGood Luck & Good Nite to both of you.
May the best price be yours always.
Guess I have to subscribe to AMFIRST right issue.Tried to sell last two days at 1.16 but not done.
ReplyDeleteBought YTL Power-WB at 53sen
ReplyDeleteHng
ReplyDeleteDid you manage to grab YTLPower-WB at 52.5-53? I saw the price changes but not getting any
Teng
ReplyDeleteAmfirst right share at 83sen, ratio 3 for 5 will dilute earning by 60%. Based on its income distribution of 9.3sen, fully diluted income will be 5.8sen. Ex-all Amfirst price 1.01, yield at 5.7%. However, income could be higher as fund raising will be reduce interest bearing cost at 4.5-4.8%, thus increase earning to 6.2sen, give rise to yield of 6.2%
Hng
ReplyDeleteThanks.
6.2% div yield is just ok. Other REITS offer better return but at least still better than FD
Hng
ReplyDeleteYour tambun-w is doing fantistically well... good job
Today I sold my TWSCORP for small profit..
alwayswin111
ReplyDeleteTambun still on track to test it immediate resistance at 58sen, follow by 60sen. Major shareholder has initiate accumulation, so there should no major problem.
May i know what is your cost in Ivory? these stock still trading below its right price, i'm watching for sign of breakout.
Teng
ReplyDeleteI'll watching Amfirst ex-right price (RM 1.01) first follow by listing of its right share (RM0.83). The impact on fully diluted Amfirst upon listing will be final calculation of its income yield.
Hng
ReplyDeleteMy average price is 0.527... Ivory is kind of forming a flag with support at gap 0.515
Bought Cresndo at 1.81
ReplyDeleteBought more Haio at 2.08
ReplyDeleteBought HapSeng at 1.72. Hope HapSeng continue its share buy back
ReplyDeleteSold off YTL Power-WB at 43.5-44sen, realize intraday gain
ReplyDeleteSold off remaining Chuan at 55sen, CYL at 45sen, realize all paper profit.
Hi All,
ReplyDeleteNo trading from me today. :(
Teng, yea, you should subscribe the RI. As explained by hng, Amfirst will still be able to fetch 6+% dividend even after fully diluted with it RI. Still consider ok though it is not as good as before. I will not buying for now as there are other more attractive REITs like ARREIT, HEKTAR, STAREIT, TWRREIT & UOAREIT all fetch higher yield than others. :)
Market sentiment did not continue through even with Felda listing today. :(
ReplyDeleteFelda can fetch around 20% profit from IPO which is consider very good already. :) Congratz to those who get the IPO. :)
Sold off all Haio at 2.13, realize all paper profit
ReplyDeleteMake first round of intraday gain on YTL Power-WB, bought at 54-54.5sen, sold off at 54.5-55sen, realoize intraday gain
ReplyDeleteSold Hapseng at 1.75 for quick contra gains
ReplyDeleteTeng
ReplyDeleteHapseng now at 1.79, window dressing + share buyback spur share higher
I'm selling some Hapseng-WA (cost at 42sen) at 43.5sen, realize contra gain
Quick contra gains from Hapseng cost me 'lose' more.It is178-179 now. Watching repeat of EURO between German VS Italy and in betwwen,look at computer screen.Stop watching EURO now
ReplyDeleteDecided to sold off all Hapseng-WA at 43.5sen, realize all contra gain
ReplyDeleteToo bad, Haio soar, but sell too fast, realize just few hundred instead of few k now :(
ReplyDeleteHng
ReplyDeleteHai-O annouced another set of impressive result yesterday. Someone introduced me this counter in 2009/2010( before share split). Hai-O recorded 50% profit growth every year till 2010?
Hng
ReplyDeleteGood profits for you today, congrats.
Teng
ReplyDeleteIt should be reverse, profit drop significantly since 2010 due to change in MLM regulation. Haio earning only manage to recover from Q2 last year and till now, EPS stand 17sen, trading at PE 13x. dividend policy= 50-55%, yield at 4% nett
Increase further stake in UOAdev, bought UOAdev at 1.51
ReplyDeleteSold all Tambun at 57.5. Handsome gains for short period of holding
ReplyDeleteHng
ReplyDeleteya,Hai-O profit growth till 2010 was very high. Guess after so many goood years,profit growth will slow
HapSeng is damn strong in afternoon session. >180 level
ReplyDeleteTeng
ReplyDeleteThis is what we call window dressing
Ya. I understand all fund managers need to push up share so to show to their unitholders impressive returns
ReplyDeleteMade two mistakes on Hapseng and MISC. Bought at good timing but sold too early for quick gains
Tried to sell UOADev at 1.52 but only partially matched
ReplyDeleteTried to buy Kulim-CE at last minute at 17.5 but again but only very small quantity matched. Kulim CE is issued by OSK and calculation is based on closing price ( not volume weight). Kulim closed at 4.7 today. If Kulim close at 4.45 next 4 trading days,CE is value at 18.
Teng
ReplyDeleteWe all experience selling stock too early, even manage to reap profit but feel bit of disappointed as can't do anything and have to just sit to see sold stock ride high and higher :(
But, there will no other people know the next movement of the stock unless have insider news from fund manager. So we let it be, there is no such thing as fair for level playing field for trading in stock market. So long, we keep derived profit no matter small/big and protect our capital, keep searching for potential stock and accumulating wealth long term. So be confident our self, find our niche and gain more and more experience to further improve of buy-sell strategy.
Hng
ReplyDeleteWe can't be winners all the time. making less is definately better than ' losing less
horse, Teng, alwayswin111
ReplyDeleteFinally, UOPAdev make announcement on its dividend reinvestment plan at 1.39 and ex-date for its final dividend of 10sen TE on 11 July.
UOAdev is my current top holding (more than 1/3 of portfolio), slightly higher than stake in Tambun. Hopefully it will bring another handsome gain next week.
Hng
ReplyDeleteFrance and German market up by more than 4 %. Dow also show impressive gains.
UOA- After ex dividen, uoa price will be adjusted to 1.41 . Reinvestment price at 1.39 is not attractive. Announcement by uoa said it is 8 % discount. I thought discount is base on ex price. I remember maybank is using ex price as well