Off course one can gain much more in turn of % compare to its underlying share, just like what happening now in YTL Power and its WB.
But, i will prefer holding underlying share cum dividend especially those with high dividend yield as warrant are not entitle to dividend. However, all trading involve will be short term and preferably within contra period as i 've bad experience in holding warrant. below is my brief history
[ My experience in stock market only begin in 2002/03 and also start with Pbbank as my first stock holding, find out its so unexciting, then switch to Carlsberg to enjoy dividend, but turn out to highest price at that time. After several attempt invest in bluechip stocks, still unable to make money. Finally, turn to some penny stock. like Time, LBS etc. Manage to gain some, but all loss out after addicted to warrant (MTD capital), which at that time proposed capital repayment,and supposed to stimulus its warrant but turn out that date of announcement too near to its warrant expire date and i'm unable to exercise warrant as all capital was in its warrant instead of MTD capital. I loss out almost all my capital, trim all warrant at merely 1 sen :(
Today, portfolio also sold most of the Chuan at 44.5sen (at average cost of 42sen), realize handsome paper profit and ease to be core stock in portfolio. Chuan core status has been replace by both UOAdev and WTK.
Its always happen to me also, but i told myself so long can stock already make money, lets go and next time improve selling capability to maximum return by sell stock on strength batch by batch.
Teng, you already adopting these strategy successfully, as shown in your YTL Power-WB
Hng, Teng I still dont have the knack of buying and selling so fast, intrady like you do. Actually my brokerage is 0.1%, hence it will be lucrative for me to adopt your style right? That,s bcos when the charts look good, I am relunctat to sell. I like your style... dont have to hold for too long. But Hng I must say, your stock pick is very good.
What stock are you holding now? If planning for long term investment (3-5yr), avoid monitor stock market daily as price fluctuate may affect sentiment.
Like what Teng did, holding YTL corp long term, do nothing, keep receiving steady dividend + share dividend + capital appreciation more than 25% pa compounded paper profit.
I think UOAdev is due to declare its dividend of 10sen TE very soon. Already 1 month after the AGM/EGM, still remain 2 month for its to pay dividend. It will just fit to announce dividend now or by end of the month, with ex-date 1 month later follow by payment date in the following month.
Current stock weakness is reflect by its chart, but once dividend is delcare, with its yield of more than 6.6% nett, stock will again testing its immediate resistance level at 1.57.
Hng My stocks are:- MBMR . JTIASA (bought back) , bursa. TWSCORP , ivory, KFIMA . By the way I don't go long term. Normally max 3 months. Uoadev looks very good if it can breakout of1.57. Planning to take position on this counter.
Hng My stocks are:- MBMR . JTIASA (bought back) , bursa. TWSCORP , ivory, KFIMA . By the way I don't go long term. Normally max 3 months. Uoadev looks very good if it can breakout of1.57. Planning to take position on this counter.
Increase further stake in UOAdev, bought UOAdev at 1.52
ReplyDeleteBought YTL Power-WB at 55-56sen
ReplyDeleteSold off YTL Power-WB at 57sen, realize first round of intraday gain first
ReplyDeleteHng
ReplyDeleteAgain congratulations.
By %,I think your Tambun-WA give you best returns.
Hi I just wonder, why not show the Qty transacted also in your screenshots?
ReplyDeleteGG
ReplyDeleteDon't think showing qty traded is good idea. Better keep it confidential. Of course,if anyone want to show to us,ok to do that
Teng
ReplyDeleteOff course one can gain much more in turn of % compare to its underlying share, just like what happening now in YTL Power and its WB.
But, i will prefer holding underlying share cum dividend especially those with high dividend yield as warrant are not entitle to dividend. However, all trading involve will be short term and preferably within contra period as i 've bad experience in holding warrant. below is my brief history
[ My experience in stock market only begin in 2002/03 and also start with Pbbank as my first stock holding, find out its so unexciting, then switch to Carlsberg to enjoy dividend, but turn out to highest price at that time. After several attempt invest in bluechip stocks, still unable to make money. Finally, turn to some penny stock. like Time, LBS etc. Manage to gain some, but all loss out after addicted to warrant (MTD capital), which at that time proposed capital repayment,and supposed to stimulus its warrant but turn out that date of announcement too near to its warrant expire date and i'm unable to exercise warrant as all capital was in its warrant instead of MTD capital. I loss out almost all my capital, trim all warrant at merely 1 sen :(
Bought Haio at 2.08
ReplyDeleteHng
ReplyDeleteInvesting in bluechips needs patience. Investing in warrants issue by high dividen stock has its risk. That is why I bought Tambun and not its WA.
Increase further stake in WTK, bought WTK at 1.24
ReplyDeleteBought ultramaximum WTK at 1.22
ReplyDeleteHng
ReplyDeleteI also bought WTK at 1.22
Used up all available trading limit, bought YTL at 2.01
ReplyDeleteWTK added some at 1.22 too
ReplyDeleteSold off YTL at 2.03, realize intraday gain.
ReplyDeleteTeng
ReplyDeleteOur Tambun stand out among all loser, up another 1.5sen, to 56.5sen now. But in turn of % performance, just 10% of that increment in it WA
Today, portfolio also sold most of the Chuan at 44.5sen (at average cost of 42sen), realize handsome paper profit and ease to be core stock in portfolio. Chuan core status has been replace by both UOAdev and WTK.
ReplyDeleteMy another core stock, CYL just declare dividend of 4sen TE, ex-date on 13 Aug
ReplyDeleteHng
ReplyDeleteUnfortunately I don't buy enough Tambun at 51. Anyway,happy with the returns
Sold most of the CYL at 55sen, realize paper profit
ReplyDeleteBought more UOAdev at 1.51
ReplyDeleteBought YTL at 2.00
ReplyDeleteLast week bought MISC at 3.88( almost 52 week low) and sold at 3.95. Now 4.37. Bought at good timing but sold at bad timing
ReplyDeleteBought more UOAdev at 1.50
ReplyDeleteTeng
ReplyDeleteIts always happen to me also, but i told myself so long can stock already make money, lets go and next time improve selling capability to maximum return by sell stock on strength batch by batch.
Teng, you already adopting these strategy successfully, as shown in your YTL Power-WB
Hng
ReplyDeleteThat is why sometimes I prefer stocks I buy will not go up too fast( eg same day or next day). Tambun price up after 1 week or more
You still keep your Uchitec?Today trade ex dividen of 7 cents. I still keep most of Uchi
Teng
ReplyDeleteI already sold off all Uchitech sometime ago, at current price but not entitle to its dividend :(
Bought Hapseng-Wa at 42sen
ReplyDeleteHng, Teng
ReplyDeleteI still dont have the knack of buying and selling so fast, intrady like you do. Actually my brokerage is 0.1%, hence it will be lucrative for me to adopt your style right?
That,s bcos when the charts look good, I am relunctat to sell.
I like your style... dont have to hold for too long.
But Hng I must say, your stock pick is very good.
alwayswin111
ReplyDeleteWhat stock are you holding now? If planning for long term investment (3-5yr), avoid monitor stock market daily as price fluctuate may affect sentiment.
Like what Teng did, holding YTL corp long term, do nothing, keep receiving steady dividend + share dividend + capital appreciation more than 25% pa compounded paper profit.
Hng/Alwayswin111
ReplyDeleteDon't think anyone can match Hng's timing in buying and selling.During super bull run,maybe I can do more contra trades
Hng
ReplyDeleteI bought my YTL in 2003/4. If I were to buy Digi or Pbbank,I think return is much better. Counters like Topgloves also doing well during this period
Bought Ultramaximum KSL-WA at 34.5sen
ReplyDeleteBought some UOADev at 1.49.Still queuing more at same price
ReplyDeleteSold off all YTL at 2.03, realize handsome intraday gain
ReplyDeleteTeng
ReplyDeleteI think UOAdev is due to declare its dividend of 10sen TE very soon. Already 1 month after the AGM/EGM, still remain 2 month for its to pay dividend. It will just fit to announce dividend now or by end of the month, with ex-date 1 month later follow by payment date in the following month.
Current stock weakness is reflect by its chart, but once dividend is delcare, with its yield of more than 6.6% nett, stock will again testing its immediate resistance level at 1.57.
Hng
ReplyDeleteUOADev still trade at below its IPO price. Many of its new launch still receive good response.
Hng
ReplyDeleteMy stocks are:-
MBMR . JTIASA (bought back) , bursa. TWSCORP , ivory, KFIMA .
By the way I don't go long term. Normally max 3 months.
Uoadev looks very good if it can breakout of1.57. Planning to take position on this counter.
Hng
ReplyDeleteMy stocks are:-
MBMR . JTIASA (bought back) , bursa. TWSCORP , ivory, KFIMA .
By the way I don't go long term. Normally max 3 months.
Uoadev looks very good if it can breakout of1.57. Planning to take position on this counter.