Wednesday, August 22, 2012

I Thought I Saw A Pussy Cat ?



1. SUNREIT - Sold at RM1.52 and bought it back with smaller quantity at RM1.50. What i don't know that it is ex on today. :) ^^ On top of the contra gain, i entitled for its DPU as well. :) I thought i saw a pussy cat. ha ha ha ... Not bad not bad.

2. KASSETS - Still keeping this guy, might opt for IGB REIT since i can't sell the price that i offered. :(

3. OSKPROP - When is the listing of its Warrants ?

4. Watch list - APOLLO, SUNREIT, ARREIT, YILAI, FABER, WCT, KSL, AFFIN-CF

5. Good Luck.

62 comments:

Teng said...

CK

What is your entry cost for Annjoo?I bought at 1.59. First 2 round gains and 1.59 was 3rd round

karimaero said...

Hng,

Will spin off when WTK close Faber.....

Still not that brave heart....

horse said...

Sold all my kassets at 9.07. :) ^^

Anonymous said...

Karimaero

Cut loss on WTK and increase stake in Faber were solely based on my own personal judgement. Again, it could be wrong decision, but after assess the risk and reward, i finally make such decision as loss in WTK could be easily recoup back by Faber if it manage to secure concession renewal in near term. Another pull factor as already pointed out was recent result from Ta Ann, which record much lower plywood price in Q2, prompted me to take action quickly.

Anonymous said...

horse

You still on holiday, till next week?

horse said...

hng,

Yes, till next week.
This week i am free.

horse said...

hng,

Any idea when oskprop complete it exercise ?

horse said...

Watch wingtm.

Anonymous said...

horse

OSK right + bonus + warrant together will be list on 4 Spt

Anonymous said...

horse

WingTai record lower than expected Q4 result, but maintain 8sen dividend. Bargain buy if below 1.80

horse said...

Thanks hng.

4 Sep will be my lucky day. ^^

wingtm i am looking to enter < 1.80.

horse said...

I go out for my breakfast.

See you guy.

ck5354 said...

Hng, for you

by martin abt FABER

http://www.traderstruthrevealed.com/2012/08/930-am-faber-hits-support-rm1-30-and-forms-double-bottom/

Teng I tak ada ann joo lah.

Anonymous said...

Thanks ck5354

Faber is hold at the moment, waiting for concession renewal to materialize in near term.

ck5354 said...

with boustead profit drop 70%, will hapseng results also follow???

Anonymous said...

horse

Apollo seem attract more buyer now as time due to declare bumper dividend is closer

ck5354 said...

hng, how you know when declare divident???

horse said...

today market very boring. :(

horse said...

hng,

Agreed, apollo seem to draw more buyer. Tomorrow likely to announce dividend. Many buy in today to expect the announcement.
Might want to go grab some.

Anonymous said...

ck535, horse

Apollo record impressive Q4 result, Annualized EPS increase 20% to 27sen. Currently trade at PE 12x and in net cash 71sen/share. The increase earning mainly attributed by increase demand of its core business from both local and export sale.

Apollo have generous dividend historic, based on 80% payout, dividend could be at 22sen TE or if based on 20% increase in EPS, it could increase in dividend by 20% to 24sen TE


Anonymous said...

ck5354

Most of the company with core business in Plantation record lower profit due to 20% lower CPO price compared to corresponding year. The earning affected more as while selling CPO is lower, but cost keep going up, pressuring on profit margin

Anonymous said...

Another investor chasing dividend stock is TGL, which expect to declare 15sen TE. But as horse earlier point out, TGL have poor balance sheet and cash flow.

Anonymous said...

karimaero

WTK up 1 sen to 1.17, good luck for those still holding it, but too bad for me already cut loss at 1.16 :(

ck5354 said...

me too cut loss at 1.16

horse said...

Guy, another watch Hektar.

Right issue @ 1.23 ex on 29/8/2012.
Right issue to be trading on 4/9.

horse said...

GAB should be expecting another good dividend at least 44sen.
Anyone daring ?

horse said...

Avoid ytlp-wb at the moment.

horse said...

MBSB-CB no more premium. Avoid as well.
Affin-CF better.

Anonymous said...

horse

YTL Power-WB may suffer another round of selling pressure once YTL confirm its date offer for sale its stake in YTL Power-WB at mere 20sen each

Anonymous said...

KSL challenge its immediate resistance level at 1.43

Anonymous said...

horse

Your Genting Singapore seem gaining momentum, at 1.38. Well Done!

horse said...

hng,

Still keeping, i think i will start liquidating when it hit 1.43 and above.

horse said...

Just commit myself on KSL at 1.42. ^^

horse said...

Also commit myself on Apollo at RM3.25.

Anonymous said...

horse

Welcome to Apollo club :)

horse said...

:) ^^

Let's huat. ^^

ck5354 said...

walau wei my stock watch all ang ang

Teng said...

Just back from meeting today

CK-About Annjoo,posting is from Hng

Sold MPHB-CH at 31 cts,bought at 30cts yesterday.I did not post this yesterday as CWs is very risky

Tomorrow may buy Affin-CF if today average is good enough for me to buy tomorrow

Teng said...

Horse

You know why IGB is under selling pressure last few trading session?It was 2.70 two weeks ago and it is now 2.55 level. IGB Reits is no good for them?Last night news said IGB reits IPO is postponed

horse said...

Teng,

Heard that news but i think is immaterial. Unless they are not listing them then it become big issue. If everything stay put, guess just a timing issue. Should be still on course.

horse said...

Apollo - There is buying support at 3.25. ^^ from hng ?

Anonymous said...

horse

I've no much bullet to collect more Apollo lah...Yesterday, already collect enough at average 3.235

Anonymous said...

Currently look at BDRB, major shareholder offer to buyout at 2.90 and warrant at 1.80, but stock now trading at 2.44 and 1.31....price mismatch or something wired

horse said...

hng,

Many support at RM3.25, tomorrow will inch higher i think. ^^

Anonymous said...

Teng

IGB share have strong runup till current level fuel partly by aggressive share buyback, if trade at 2.10-2.30, will be good bargain hunt

Teng said...

Hng

Previously BDRB contrlloing shareholder offer to buy BDRB asset,but this was not well with minority shareholder. Guess many still concern this offer to buy will materialise

Teng said...

Hng

210-230 definately good buy for IGB. I last bought when IGB was out of FTSE index stock. IGB still has hotel( citiel,Garden,Renanassaince) that can also listed under Reits

ck5354 said...

BRDB WA expiry at 26 Sept 2012 with negative premium, conversion 1.10.

Wa a bit risky

Anonymous said...

Teng

Sometime also must put blame on minority shareholder, whom request highest value. offer price at 2.90 already is BRDB highest price ever, but request takeover to be based on NTA at 3.70 is not practical as most of the property stock trade below NTA and it also offer minority to cash out and look for other stock opportunity

Anonymous said...

ck5354

Little discount only, conversion at 1.10 + warrant 1.31 = 2.41 vs. current underlying share at 2.43

Teng said...

Hng

I also do not like major shareholder buying over asset/business because minority may not get the benefit( 1 good example is Adventa). >10 yrs ago I bought Berjaya Capital at RM2 because after Bcap sold insurance business to Prudential,it has cash of >RM2/share( even after paying all debt).But cash was loan to major shareholder

Same if company sell asset to shareholder,minority may lose out

But if major shareholder offer to buy at RM2.90,then it is good deal

horse said...

watch sunreit.
think can just queue at 1.49.

Anonymous said...

Teng

I agreed, no all takeover give good deal to minority shareholder, But in BRDB case, it is certainly offer at 2.90 is highest ever in the BRDB share price historical

horse said...

Bought Affin-CF at 0.16c. ^^

Teng said...

Wanted to buy IGB at 2.54 but only 900 shares matched . Too bad

Teng said...

Horse-Affin-CF at 16 cents is quite safe. Today average is 2.531 has settlement 17.7 cents. Next 4 days average of 2.50 settlement is 16.87 cents

I may buy tomorrow at 16 depending on mother's movement

horse said...

Sold Affin-CF at 0.165c. Half sen profit. ^^

Teng said...

Hng

Revised takeover of BRDB of RM2.90 is fair because shareholder can cash out.Of course some ask for more base on NTA. To be fair to investor/major shareholder,why should they pay > NTA?

Teng said...

Horse

Haha.Congratz on Affin-CF. I guess take profit fisrt is more important

I take this approach esp on CWs. Sold MPHB-CH for 1 cent profit

Anonymous said...

Teng

BRDB earning just so so, only valuable assets is from its prime investment properties, which after take over, major shareholder may adopt REITs listing.

Anonymous said...

horse

Today last batch of 300lot Apollo also fully taken off.

Anonymous said...

horse

Apollo today spike in volume also is the highest ever in last 2 year, perhaps last 5 years also

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