1. GLOMAC - Bought more Glomac at 0.785c to average down my cost. :( Selling presure is very strong. 2.75sen dividend to be announced on 16/10/2012, still long way. :(
2. If ex-price of a CI stock does affect KLCI index, then many people will short KLCI a day before MAYBANK goes ex. :p Those people will be making ton. ^^ I am not this is how it work out either. May be some expect out there can clarify. ^^
3. OSKPROP - Tomorrow will be going ex. Hope the price can come back after ex. ^^
4. IGBREIT - I was wrong about the listing date. :p Tomorrow is the first debut of this counter. Hope to grab some. ^^
5. Watch List - GLOMAC, OSKPROP, IGBREIT, HAIO, AEONCR
6. Good Luck all. !!!
horse
ReplyDeleteToday, selling order keep come out despite share buyback. Glomac should able to do more aggressive share buyback as it last accumulated treasury share of 6.5% have sold its to LHT
Glomac is one of the highest dividend stock under property counter, yield at 7%. Glomac has unbilled sale of RM 731m and its landbank have total GDV of RM7b
Kulim also commence its maiden share buyback today, snapped as much as 24% of today total volume
ReplyDeleteI hope my decision to sell off OSK property and partial WC at loss could be offset by today stock picks: UEMland, UOAdev, Glomac and Haio
ReplyDeletehng,
ReplyDeleteWhy don't you wait till after ex on OSKPROP ?
Just hope that after ex, it could probably go back to 96sen level.
ReplyDeletegood luck to your UOADEV, UEMLAND, GLOMAC & HAIO. ^^
ReplyDeletehorse
ReplyDeleteAs you known, OSK property final dividend of 5sen is taxable, which unable to claim back. But, initially, i was just wanna to sell my stake that carry cost of 95sen, but due to meltdown of market, and rise of other opportunity stocks that offer on sale, then i force to take action to cut all stake in OSK property that carry at cost RM 1.00 (right + bonus share) and swap to stock like UEMland, UOAdev and Glomac.
horse
ReplyDeleteI think today OSK property volume was supported by major shareholder. Lets see in next few day to confirm it.
Hng
ReplyDeleteKulim share buyback is good news.
Horse-tomorrow I am watching two Gamuda CWs (CV and CU?). I am more interested in the one with exercise price of 3.20,ratio 5. Will queue at 2.5 cents. First two days VWAP is 3.36 . Tomorrow islast trading day
Horse/Hng
ReplyDeleteAgreed with Hng. Dividen less tax is not very good. Price is adjusted base on gross dividend,not nett.
Just wait after ex and see. Hope the price can come back to 96sen level.
ReplyDeleteDJ is not in good mood. :(
Teng
ReplyDeleteKulim have good cash flow and cash are keep rising from warrant conversion due to discount price. But Kulim warrant are now in premium already due to sharp selldown trigger by delay in completion of divestment QSR and KFC. This news have dampen investor sentiment whom eagerly waiting for kulim special dividend of at least 88sen
Might want to sell all my GSP to unlock mroe cash for local bourses.
ReplyDeleteGamuda CWs. VWAP and issuer MIBB. 2.5sen maybe hard to get but if market slump there is possibility there. Good Luck.
ReplyDeleteI am not going in CW anymore, my fund will be standby for IGBREIT. :p
horse
ReplyDeleteOSK property have low beta, low liquidity but less volatile. Downside risk is limited and share price should be supported due to high dividend yield
On the other hand, UEMland and UOAdev have high beta. When market volatile, these stock are the first impacted, but if market turnaround, these stock are the first to responsive
horse
ReplyDeleteYour Genting Singapore already in more than 10% paper profit, can opt to swap to local Genting or GENM for similar exposure.
Yea, might want to do so to swap them to Genting/ Genm.
ReplyDeleteI do hope OSKProp can come back to 96sen level, by then i will be in positive zone aftyer dividend.
ReplyDeleteOnce unlock this i will have more fund to concentrade on IGBREIT.
Bought IGBREITs at 1.37
ReplyDeleteSold off all IGBREITs at 1.39, realize intraday gain :)
ReplyDeleteHng
ReplyDeleteYou may buy back at 1.37 or even lower
Teng
ReplyDeleteYeah, still wait for opportunity to re-enter
Hng
ReplyDeleteGuess many people who got it at 1.25 want to cash out
Hng
ReplyDeleteWCT strong today but wc hardly move
Bought back IGBREITs at 1.36
ReplyDeleteTeng
ReplyDeleteActually, WCT-WC did follow WCT share, but it is in turn of percentage gain. Due to short life span of WC, too volatile underlying share is life threaten to WC holder, should be trade caution
Sold back all IGBREITs at 1.37, realize slim intraday gain
ReplyDeleteHng
ReplyDeleteFor warrant with short life,I only trade if there is discount.
Sold off all UEMland at 1.76, realize handsome contra gain
ReplyDeletehorse
ReplyDeleteToday, sinchew have clarify that Maybank ex-dividend indeed was one the main cause for slump in CI, contribute as much as -4.75point for its 32 sen ex-dividend
Hng
ReplyDeleteNext counter is UOADev??I tumpang your luck yesterday on this counter
UOAdev support level at 1.55, lets hold it can hold above these level
ReplyDeleteYTL 15: 1 ytlpower wb at 20 cents
ReplyDeleteex on 2 october
YTL price should be steady
Hng
ReplyDeleteUOADev so fast back to 157 level
It bought back share at 1.80 range but at 1.60,they stop buying
Kulim special dividend of 90 cent is possible from the sale of KFCH? I read it from somehwere...
ReplyDeleteSold all( except odd lot) Amfirst at 1.08
ReplyDeleteGark-I know Kulim will pay special dividend once KFC/QSR been privatised.Jcorp need $$ from Kulim to address its debts
Bought YTL at 1.77
ReplyDeleteSold partial Glomac at 79sen, realize slim contra gain
ReplyDeleteWhy CI suddenly drop 6 pts?
ReplyDeletewhy market so scary??
ReplyDeleteBought more YTL at 1.76
ReplyDeleteI am 70% invested in Kassets. Based on igbreit price of 1.40, its fair value is around Rm10. But need to wait patiently for share distribution and then cash div. =| good practice for patience.
ReplyDeleteTay
ReplyDeleteThanks for the info.Better buy Kasset and get IGBReit
Used up all available trading limit, bought YTL at 1.76
ReplyDeleteBought YTL 1.76.Hope for share buyback before market close
ReplyDeleteSold off all Glomac at 79sen, realize contra gain
ReplyDeleteYTL unable to sell for contra profit :(
ReplyDeleteLast min got ytl at 1.74.
ReplyDeletePortfolio today also sold off all remaining OSK property WC at 20.5sen, realize big paper loss :(
ReplyDeleteSept is not good month to trade.
ReplyDeleteMiss UEMLand,price went up
Matched UOA,price down
Got YTL at low price,it down further
Must go Wong Tai Sin temple
Teng
ReplyDeleteToday YTL play dirty, no share buyback!? YTL offer for sale of YTL power warrant is going to ex next week, hopefully share can gain support next week..
Hng
ReplyDeleteYTL notnplay dirty,but I am not lucky.
In my opinion,those have YTL can apply excess for YTL Power warrants. Not all YTL shareholder will apply as ratio is too high. For those owning less than 5k YTL share,they entitle to 300+ YTL Power warrant. Gains is only RM90 base on 50cents for YTL Power warrant. If sell rights through remisier,they get almost nothing
Teng
ReplyDeleteLets hope YTL will make V rebound next week. Both EPF (8.31%) and YTL treasury (2.52%) must work hand in hand, buyout YTL for V shape rebound next week