Wednesday, August 1, 2012

Simple & Straight Forward Profitable Trades



1. YTLP-WB - Sold all my Ytlp-wb at 0.595. ^^ Didn't expect such a contrast where mother price goes the opposite way of son's price. ^^ :) Someone expecting big show from YTLP tomorrow ?? Let's wait and see.

2. MSM - Still holding this, will see how it fare tomorrow before deciding what to do with it. ^^ :)

3. OSKPROP - OR will be listing tomorrow, with oskprop closed at 1.01 today, i need OR to be above 2.90 in order to make profit. Hope for the best. ^^ :)

4. Watch list - OSKPROP, YTLP-WB, MSM, ANNJOO, YTL

5. Thanks hng. !! Copy and paste hng's input on Ann Joo. Among the catalyst for Ann Joo are :-


1. Secure steel plate supply contract by mega construction project, namely extension LRT and MRT

2. Secure customized high grade steel contract by Petronas for its Oil and Gas project

3. Newly completed blast furnace commence commercial production in Q2 and contribute maiden revenue to Ann Joo

4. Input cost stabilizing namely scrap metal and molten iron

5. Reduce cost of production through reduction in electricity cost from its state of art RM 650m blast furnace 

6. Absence of inventory write down


and last but not least


7. Tight up with new strategy partner whom have expertise in manufacture high grade steel product. It could be through equity stake sell via private placement at least 20%. With that Lim family effective stake in Ann Joo will be diluted from 66% to 55% 

24 comments:

  1. hng,

    You remember OKA one of yr favorite previously. Declared 3sen dividend.

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  2. Yes, OKA used to my favorite stock, but since last year OKA volume shrinking, due to unexcited financial result. However, with 3sen dividend, OKA offer better yield than FD.

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  3. Bought OSK Property-OR at 2.53

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  4. Bought more OSK Property at 2.48

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  5. Keep buying OSK property, any price below 2.50, the lower the better

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  6. Good morning.. Mr hng
    Can u justify the reason why u keep buying osk property any price below 2.50.. Tq

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  7. Good morning.. Mr hng
    Can u justify the reason why u keep buying osk property any price below 2.50.. Tq

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  8. Bought oskprop or at 2.48.have to teach my wife to trade for me

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  9. This comment has been removed by the author.

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  10. Mirasi E Mukatte

    By buying OSK property-OR at 2.50, investor need to subcribe its right for another 1.00, to entitle total 3 share of OSK property + 3 warrant

    Assuming, OSK property share price remain at 1.00, the warrant only worth 16.6sen, which is just 16.6% premium of newly listed warrant.

    For your information, newly listed warrant could at least command 30% premium, thus, the intrinsic value for OSK property-OR will be 2.90 (OSK property share x 3 x RM 1.00 + warrant x 3 x RM 300)

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  11. Teng

    Prepare your bullet, YTL going to dive again....wait for entry opportunity, the lower the better

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  12. Teng

    I think i've accumulate enough OSK property-OR now, must reserve some capital for upcoming subscription of its right share.

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  13. I think gradually, market will realize the intrinsic value of OSK property-OR and start to appreciate it.

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  14. Hng

    I AM on the road to JB,don't think can trade today

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  15. Sold off all MSM at 5.10, realize good contra profit

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  16. Bought WCT-WB at 30-30.5sn

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  17. Resume buying more OSK property-OR at 2.47-248

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  18. Bought even more WCT-WB at 28.5sen, averaging down holding cost

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  19. Bougt YTL at 1.79, YTL power at 59sen

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  20. Sold off YTL Power-WB at 60.5sen, realize intraday gain

    Sold off YTL at 1.80, breakeven

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  21. Hng, my queue also matched for YTLPOWR-wb @0.585 then sold at 0.595 for intraday gain. I shd have queued higher but hehe good enough.

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  22. Tay SK

    So long can reap quick intraday profit, already happy la :)

    But YTL today don't give free lunch, closed at 1.80, manage to escape unharmed

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