1. No trading from me today as well. IGB REIT balloted just end oversubscribed of 21 times. Hard to get i guess. Today will just merely put up the wtach list for next week. Good luck guy.
2. Watch List - GTRONIC, WINGTM, OSKPROP, FABER, HEKTAR-TR, BREM
3. OSKPROP - Just declared 5sen dividend. :) ^^
4. Good Luck All.
Bought more OSK property at 95sen
ReplyDeleteHng
ReplyDeleteMy relatives still have Maybank, you think they should sell now or wait for the dividend?
Alwayswin
ReplyDeleteFirst batch of Maybank I bought was in 1998 ( RM13 before many bonus and right issue).In 2009,I also bought at 5+ before right issue
Hng
ReplyDeleteIf I can sell OSKProp WC at my cost( 24.45),I will sell and swtich to mother
alwayswin111
ReplyDeleteI think you should advice your relative to opt for Maybank share dividend reinvestment plan, to enjoy discounted share price and accumulate share over long term.
Teng
ReplyDeleteFrankly, both OSK property and WC perform below expectation, but fundamentally, OSK property still worth of investing due to high dividend yield, while WC is still worth a hold at the moment for its long tenure of warrant life and high gearing level for exposure to underlying share at low cost.
Hng/Alwayswin111
ReplyDeleteHng's advice is good if your relative has enough Maybank share
If owning less than 2,000 shares,gains from share reinvestment plan is insignificant. Total dividend less tax is RM480. You get less than 60 Maybank shares,and if you save 45 cts per share,gains only RM27. If I remember well,you have to pay RM10 for stamp duty if you accept share over cash
Hng
ReplyDeleteYes,OSKProp is really below expectaion after its right issue listed.
Properties still hot,though develepor now shift focus to smaller unit. Recent SOHO launched by MCT in Cyberjaya fully sold in less than 10 days. Price is not cheap,start from RM300k for 500sf unit
Teng
ReplyDeleteApartment/SOFO are getting smaller now, to increase buyer affordability. But in actual fact, RM/sqft are increasing, if one to compared those SOFO with landed luxury semi-D, it is still worth to buy landed property.
SOFO/apartment mainly for rental income, better if come with leaseback agreement, like 5 year, 8% yield etc. But this kind of investment hard to appreciate in value long term, depending a lot of management/maintenance/tenant availability. If the service apartment cum together with hotel, is better, run by hotelier and its professional in maintenance
Hng
ReplyDeleteSOHO by psf is very expensive,even more expensive than bangalow
Nowadays fewer serive apartment has leaseback package. Normally leaseback are for servive apartment that used for hotel industry. Nowadays so called service apartment are no different from normal apartment
Teng
ReplyDeleteDeveloper selling point are offer partly/fully furnish furniture/air cond, kitchen cabinet etc to entice buyer and also easy payment scheme like 1% down payment, absorb interest during construction etc
Hng
ReplyDelete1% or zero d/p is common in Msia
That is why people just buy.I have seen mid-late 20 young guy already 'own' few properties
Bought YTL at 1.79
ReplyDeleteHng
ReplyDeleteAiyo,OSKProp up buy wc down. How to switch from wc to motther?
Hng,Teng
ReplyDeleteMany thanks.
No trading for me today
ReplyDeleteAffin-CH-Settlement should be 14.6 cents. Lose 0.4 cents
No trading from me today.
ReplyDeleteHektar just declared DPU of 2.6sen.
I will be converting all my Hektar-TR to mother.
My status on IGB REIT still pending. :(
ReplyDeleteHard to get i think.
Still pending my AFFIN-CF settlement money.
hng & Teng,
ReplyDeleteYou guy received the OSKPROP's balance money on the excess application ? Shares have been credited buy excess money not refund yet. :(
Horse
ReplyDeleteNot yet. I am using nominee which is another 3-4 working days more than direct account( previuosly was 7 working days). Even dividend takes 5 working days whereas I received same day or latest next day for direct account
Horse/Hng
ReplyDeleteUOADev now <160. Can relook into this counter?
Bought Huayang at 1.72
ReplyDeleteTeng
ReplyDeleteI think UOA <1.60 is good value buy, but I'll like to wait longer, stock market now offer Mega Sale, many stock on bargain sale.
I think, so long index can hold 1,600, current slump ahead of budget could be over
ReplyDeleteHng
ReplyDeleteNot buying UOADev at the moment.Have to inject more money into share account
Glomac also in my consideration lists
Very fast, market tested 1600 physiological level, lets hope it can hold on it.
ReplyDeleteToday is 911, so don't expect too much on tonight Dow performance.
Hmm.. not good day.. everything red. :/ Wonder should average down or wait for later?
ReplyDeleteUsed all available trading limit, bought
ReplyDelete1. Huayang: 1.71-1.72
2. PJdev: 77.5sen
3. Gtronic: 1.41
4. YTL: 1.76
5. Crestbuilder: 1.01
Hng
ReplyDeleteYou still optimistic about market. I guess givernment will not let market to crash before voting day
Morning sold Amfirst at 1.06 to free up more cash
Teng
ReplyDeleteI've the feeling 1600 physiological will hold at least for now, that why i took today Mega sale, bought Huayang, PJdev, Gtronic, YTL and crestbuilder.
Hng
ReplyDeleteI wanted to buy UOADe at 1.56/7. Reason I hold it beause I do not want to have too many property counters.
Hng
ReplyDeleteSee most of your stoks are property counters
Teng, the reason to buy stock are
ReplyDelete1. Huayang: Bonus 1: 4
2. PJdev: dividend 5sen
3. Gtronic: dividend 7sen TE
4. YTL: 1: 15 YTL Power WB at 20sen
5. Crestbuilder: 3: 10 free warrant
Teng
ReplyDeleteAgreed, Gov won't let market down freely, especially FGV, must keep settler happy to gain vote from them. Already reverse , don't surprise, FGV in positive. Msia BOLEH!
Hng
ReplyDeleteMost stocks you selected are supported by dividend or bonus issues. This will limit downside risk
For Property-Coming budget,not sure if government will introduce more measures to surb property price.I doubt drastic measures as this will hurt not only property developers,but banks may face high NPLs
Sold off all today and yesterday YTL at 1.79, realize intraday gain, offset partially by T+1 transaction cost loss
ReplyDeleteguys any news on whn the wct bonus issue will be?
ReplyDeleteHng
ReplyDeleteGood job. Congrats . Yes market seems supported at 1600. I am still not playing yet. Watching still.