1. FABER - Sold them at RM1.34 and bought them back at RM1.33. 1sen profit. :) ^^
2. MAYBANK - Maybank delivers a very good set of Q2 result couple with 32sen dividend. :) ^^ Bought in 2 batches at RM8.94 and RM 8.90 respectively.
3. IGB REIT - What are the view from our cyber friends :-
I always believe in personal experience. If you go to Midvalley,weekeday or weekend,it is always crowded. Just calculate how much parking they collect esp during weekend.
If based on rm1.25 we get fair value of 9.30 as a bonus.
The ultimate aim invest in REITS is for steady income. IGB REITs offer not only 5% yield but the most important is strategical location ensure 100% occupancy at all time and capacity to increase rental rate as well as capital appreciation through revaluation surplus.
With that, IGB REITs stand out as preferred REITs class among others REITs.
If Kassest manage to raise fund by offerring higher IGBREITs at 1.25 instead of 1.00, Kassset shareholder will not only entitle similar unit of IGB REITs but also will increase amount of capital repayment to shareholder
horse/Teng
ReplyDeleteOSK property report Q2 EPS of 3.45sen '2x lower' than Q1 EPS= 6.43 is due to exceptional one lump sum management fees from Sutera Damasara.
These one lump sum amounting about 10m is cumulative management fee from last few back as it record retrospective fees deference based on revised T&C from 2% PAT to 3% GDV.
Going forward, OSK property will record normalize quarterly management fees at about 1m per quarter depending on progress billing.
Thanks hng for the explanation. ^^
ReplyDeleteHope the market react accordingly.
horse
ReplyDeleteI think OSK property should have good support at 1.00, with currently trade cum 5sen dividend, share could well absorb any potential selling pressure from upcoming right and bonus and warrant listing.
horse
ReplyDeleteI think OSK property should have good support at 1.00, with currently trade cum 5sen dividend, share could well absorb any potential selling pressure from upcoming right and bonus and warrant listing.
Teng
ReplyDeleteLets look at responsiveness of WCT share price response immediate after it has awarded contract
Contract 1: RM 300m, announce 8/2
8/2: WCT at 2.58; WCT-WB at 42sen
9/2: WCT at 2.78; WCT-WB at 49sen
Contract 2: RM 331m, announce 22/2
22/2: WCT at 2.65; WCT-WB at 38sen
23/2: WCT at 2.72; WCT-WB at 40sen
Contract 3: 72.8m, announce 7/6
7/6: WCT at 2.40
8-10/6: WCT at 2.55
Teng
ReplyDeleteLets look at responsiveness of WCT share price response immediate after it has awarded contract
Contract 1: RM 300m, announce 8/2
8/2: WCT at 2.58; WCT-WB at 42sen
9/2: WCT at 2.78; WCT-WB at 49sen
Contract 2: RM 331m, announce 22/2
22/2: WCT at 2.65; WCT-WB at 38sen
23/2: WCT at 2.72; WCT-WB at 40sen
Contract 3: 72.8m, announce 7/6
7/6: WCT at 2.40; WCT-WB at 19sen
8-10/6: WCT at 2.55; WCT-WB 20sen
Contract 4: 390m, announce 12/7
12/7: WCT ar 2.44, WCT-WB at 31sen
13-18/7: WCT at 2.65, WCT-WB 36sen
Contract 5: 1.0b, announce 16/8
16/8: WCT at 2.49; WCT-WB at 29sen
17/8: WCT at ???; WCT-WB at !!!
Hng
ReplyDeleteHope this 'tradition' continues
WCT only RHB has sell call at 2.08.
ReplyDelete:(
BUT overall all rate BUY call and majority > RM3. Good sign. ^^ :)
Teng
ReplyDeleteWCT is still consider infrastructure & construction company (70% earning contributor), therefore, ability to secure big contract is almost important to replenish order book (similar to property stock have large unbilled sale).
With YTD more than 2b new contract secure + 3.5b outstanding contract, WCT earning visibility have further improved to from 2 year to 3 year
horse
ReplyDeleteRHB analysis based more on contribution from infrastructure and construction, which undermined potential growing up of its another two source of earning contributor, namely property development and property investment
Teng
ReplyDeleteIt is very unlikely WCT or WCT-WB not to response to these biggest contract secure so far, worth 1b. If it do, mean something very usual to the market
Teng
ReplyDeleteI think based on technical chart, WCT share could capitalize on these newly secure contract to once again challenge its next resistance level at 2.78
Looking forward to buy WCT but my fund left very small now after taking MAYBANK in. :(
ReplyDeleteHope there is great show from OSKPROP tomorrow. ^^
Then it will free up my trading limit. :)
Surprisingly there is still so many irrational people buy into E&O-CA for such a high premium and it left 14days to expiry. :(
ReplyDeleteThese people are really punter, willing to gamble in such high risk CW...? Few hundreds % profit if you are daring, hahaha.
Volumn really make share price fly. :(
WCT mother is better than son.Mother up 10 cts,son only 1.5 cents
ReplyDeleteHng is on track to achieve his multiple 5 digit gains on WCT-WB soon. Now wb is lagging behind mother,will play catch up
ReplyDeleteTeng
ReplyDeleteI'm selling WCT-WB at 31-31.5sen now
Hng
ReplyDeleteSold mine at 31. If I sold yesterday at 29,and bought mother at 2.49,gains is about the same
Yeah!!! Sold off all WCT-WB at 31-31.5sen, realize 5 DIGIT GAIN instead of yesterday if sell at 29-29.5 for 4 digit gain :)
ReplyDeleteSold off all Hapseng at 1.73, almost breakeven
ReplyDeleteHave to trim down stock holding
Hng
ReplyDeleteWell done and congratulations on WCT.Good you bought back at 28.5 after selling 29-29.5
Hng
ReplyDeleteStill holding WTK?Thinking to queue at 1.15
Sold all Affin-CF at 16.5cents for good contra gains
ReplyDeleteHng, Teng
ReplyDeleteWell done... Did you notice KOSSAN flew to 3.32 after I sold 3.22 ... Sigh .. But it's ok importantly don't lose or even if lose lose little , ya.. That's our policy , laugh all the way to the bank.
Let's hope IHH GENTING and ivory fly today.. Maybe too optimistic, ya... Long holiday ahead
hng/all
ReplyDeletewct-wb sold 0.31-0.315 tqvm all
faber still hold
notion good set of EPS number + surprise 1sen dividen, recovered from thai flood ! good to bet ?
Teng
ReplyDeleteFinally, reduce stock holding in portfolio significantly. Can have good rest now.
WTK short term under selling pressure from OCBC. Wait....
I intend to buy more dividend yield stock.
Hng
ReplyDeleteDividend stocks-You consider Uchi again?I last read analyst report current FY dividend should be 11 cents( last FY 12 cents)
Teng
ReplyDeleteThere are a lot of dividend yield stocks, but we can tune our entry timing.
Faber sudah mari
ReplyDeleteBought Faber at 1.35-1.36
ReplyDeleteFaber is expect to secure renewal contract after Raya
ReplyDeleteIncrease further stake of MNRB, Bought MNRB at 2.97-2.98
ReplyDeleteHng
ReplyDeleteMNRB-Amanah Raya is nett seller esp in Aug. I queue to buy now
hng/teng
ReplyDeleteu might want to consider this stk willow msc(0008) has a hard 2 beat yield of btween 8% -10% based on previous year's payout of 2.5/3.0 sen. Also it is net cash with rm 29 mln.
Teng
ReplyDeleteASB, PNB, ASM, ASM2020, ASN, ASN2, collectively control 75% stake in MNRB.
It is logical to sell down some stake in MNRB, if these fund want to meet redemption or payout income to their unit holder
hng,
ReplyDeletealso q to buy mnrb @297,296,295 !
cheeheng
ReplyDeleteThanks, will adds these into my radar screen.
Hng
ReplyDeleteSometimes annoucement abt shareholding change is direct deal,or transfer within PNB group of companies.Reason I say so because total transaction volume in KLSE on that day is less that volume annouced to Bursa
This comment has been removed by the author.
ReplyDeletecheeheng
ReplyDeleteMNRB although under selling pressure, but i'm look it as opportunity to accumulate these stock, as i believe stock cum dividend have limited downside risk. Expect its 17sen dividend to be declare by end of these month, which give rise to yield of 5.7%
cheeheng/hng
ReplyDeletewillow in my watchlist since may, good one, but low volume.
Bought MNRB at 2.97
ReplyDeleteWillow-ya,TCG is right.trading volume is very thin
Bought more MNRB at 2.95
ReplyDeleteBought maximum MNRB at 2.95
ReplyDeleteWellcome 2 club MNRB...
ReplyDeletehng
ReplyDeletemnrb all done,q more@293 n 292..:D
Affin is up today.Could below the reason?
ReplyDeleteAffin Holdings Bhd has received the green light from Bank Negara to commence negotiations with DRB-Hicom Bhd and Khazanah Nasional Bhd for a possible acquisition of equity interests in Bank Muamalat Malaysia Bhd
Hng
ReplyDeleteFollow you . Buy MNRB 2.95
MNRB-NTA >RM5 PE <7
ReplyDeleteDividend yield 5.7%. Even after deducting 25% tax,4.3% nett
Teng
ReplyDeleteASM in the hurry to payout Duit Raya
Hng
ReplyDeleteCongratulations on Faber
What is ASM?
Hng
ReplyDeleteHey Huat lo...
Hng
ReplyDeleteYou can really celebrate Raya... haha.. laughing all the way to the bank.
Teng/alwayswin111
ReplyDeleteIf the news that Faber really secure extension after Raya, it will be big-big boost to the share price.
Last time i force to sell at 1.34, to take small profit, now with selloff of WCT-WB, i have capability to keep Faber till news materialize
horse
ReplyDeleteYou must be happy too, carry faber at cost 1.32. With today, i joined you at 1.36, Lets laughing all the way to bank together
Teng
ReplyDeleteASM = Amanah Saham Malaysia hold 6.73% according to last year annual report, But its keep trim down stake to 5.4% now
Other fund holding MNRB are:
ASB: 49.1%
PNB: 11.7%
ASM2020: 5.9%
ASN: 1.1%
ASN2: 0.3%
Hng
ReplyDeleteThanks for explaination
Should have follow you on both Faber and MNRB
faber
ReplyDeletecool nice run; alas earlier i q 1.35, may have to adjust.
thanks hng
Teng
ReplyDeletehorse and others may feel i'm wired though, already sold at 1.34, now buy back at higher price, 1.36!?
Hng
ReplyDeleteThis is how you made your money. One article I read few years ago about biggest mistakes in stock investment. One mistake is keep holding stocks because current price is below cost,but sell stocks because already make money. I think until today I still can't overcome this. Have to learn how to cut loss
hng
ReplyDeletefaber, i think there is more upside. recent tp rhb 1.62, midf 1.71, cimb 2.34 & osk 2.34
let's huat cheers
tcg82/Teng
ReplyDeleteHave you got your faber today yet?
My another core stock, brem Holding seem also move a little bit
ReplyDeletehng
ReplyDeletewas trying to add more faber, now 1.39 hohoho
all holding faber r all smiles...:)^^
ReplyDeleteHng
ReplyDeleteI did not chase Faber
When KAsset distribute cash+IGB Reits to shareholder,IGB will receive lot of cash being major shareholder?
Hng
ReplyDeleteI think your play is good. Sometimes we have to sacrifice some stocks in order to buy others. We must always keep ih mind how much we are invested. Never go overboard. For me in this toppish market, I will only go in if I have exited one counter.
I sold off Genting today , thats why I went into MNRB. Not that I did not trust your judgement earlier but bcose I still have Genting , I put a hold on MNRB.
Thats the reason I miss out on Faber too. Bcos I have funds tied up in IHH.
Hng keep it up... your play is good and safe.
Frankly, ever since i bought WCT-WB, i can;t sleep well........ my paper profit swing from 5 digit to 4 digit and until yesterday 3 digit............Lucky, i get off all WCT-WB today, and manage to realize my dream 5 digit profit. I considered myself lucky enought as yesterday already decided to sold off all, but later buyback 2/3 for intraday gain and only today sold off these remaining 2/3 at higher price.
ReplyDeleteAll cyber friend, please bump me up if next time i insist to buy any warrant again, wake me up as scarified sleeping time is utmost painful. I rather pick wining stock rather than venture again in warrant, even with smaller profit margin like what i did last few years, small and slow profit accumulate over time become big eventually........
Teng
ReplyDeleteSoon after IGBREITs listing, especially if these REITs continue up perform. IGB as direct beneficial will benefit and special dividend is very possible.
Tan Family control stake only at IGB level through Goldis. The only way for Tan Family to benefit is dividend payout from IGB level
hng,
ReplyDeletewct got ce expiring 30aug, so it seems IB pushing down wct last few days but contract news last night
wct got too many pluses to ignore and heaps research (esp you ^_^)
think 29-30aug we can relook wct-wb (expiring 2013) or wct-wc (expiring 2016)
anyway not suggesting to load up heaps ;) cheers
tcg82
ReplyDeleteIf opportunity arise, i will only think of WCT, no more its warrant. Can sleep well is more important than chasing profit
TCG82
ReplyDeleteWCT-CE exercise or reference price is 2.88.So issuer no need to do anything now. Even WCT goes up to 3.00,issuer only need to pay 4 cents to holder( ratio is 3). Normally all these CWs issued at 15 cts
hng
ReplyDeletei hate trading warrants.many times lost money. still remember punting on Renong warrants long time ago.lost big time. stayed away frm warrants since.
Hng
ReplyDeleteI agree , at times like this maybe we stick to the mother.. Good advice from you... and congrats again. Looks like we all made money for Raya.
Dear All Cyber friends
ReplyDeleteWishing all of you happy holiday.
My trade today-Sold WCT-WB at 31cts,sold Affin-CF at 16.5 cts,bought MNRB 2.95&2.97
Today is my lucky days, manage to get rid all warrant + 5 digit profit, mind very peace and happy now, i think tonight i can enjoy sleeping time.
ReplyDeleteTo all cyberfriends:
Happy Raya and enjoy holiday
congratz all who lol 2 d bank 2day
ReplyDeleteselamat hari raya n heppi holidays cheers
happy holidays e'body...:) catch u all next wk.
ReplyDeleteTo all
ReplyDeleteHappy holidays . Let's take a good break. Enjoy with your family .
WOW !!! Congratz hng !!! hng, sometime we have no choice buy higher we can sell higher. Good job my friend. ^^
ReplyDeleteteng, tcg82, alwayswin, cheeheng & the rest, Selamat Hari Raya & Happy Holidays. !!!
I will post my trades tomorrow. ^^
Maybe highlight here a bit.
Too bad sold Faber at 1.35.
Sold 1100units KASSETS at RM9.18 still keeping some. ^^
Sold MAYBANK at RM9.04.
Bought in SUNREIT. :)^^