1. ARREIT - Just ex today. Sold at 0.915 and bought back at 0.905. 1sen profit. ^^ also entitle the DPU. ^^
2. WCT-WB - WCT drop back, can't break the 2.80 barrier. :(
3. SPSETIA - Slide back with profit taking. :(
4. AMEDIA - Congratz to hng and those that make profit on this. ^^
5. Watch List - WCT-WB, SPSETIA, AMEDIA
6. ELK - Closing date on 6/12/2012. I will be apply this IPO. Wish me luck.
7. CK, I go to Malacca Securities website, the 0.05% brokerage is very attractive. ^^ Will be applying my trading account with them. ^^
8. Good Luck.
hng/horse,
ReplyDeletetime to take a look at 0029 ? digistar got news on right/warrant issues
tcg82,
ReplyDeleteBetter stay out, company in loss. :(
Just sold off all Amedia at 42sen
ReplyDeleteHorse
ReplyDeleteCongrats on Arreit.
I really don't know how you manage to scalp so well . Chart wise this counter would have been a ... No no .. For me...
Expertise ya???? Beats chart , everything .. Good job
Take partial profit on WCT-WB at 30sen first, realize handsome paper profit
ReplyDeleteHng
ReplyDeleteSP Setia and its warrant trading volume very thin since yesterday.Is it good or bad sign?
Sold off all WCT-WB at 30sen, realize multiple 5 D paper profit
ReplyDeleteBought Uchitech at 1.14
ReplyDeleteTeng
ReplyDeleteI think there is market maker try hard to press down SP setia
Hng
ReplyDeleteYesterday I bought Setia WB 17-17.5sens and sold before market closed at 17.5.Still keep batch bought at 19 sens
This morning bought back again at16.5-17sens
Teng
ReplyDeleteSP setia is due to announce its Q4 result by next week, which will cum announcement of its final dividend, expect to be 9-10sen
Hng
ReplyDeleteHope ex dividend is after Feb 2013 so Setia share will not be adjusted before warrants expire Jan 2013
Teng
ReplyDeleteSP setia normally will proposed final dividend in Q4, but the official announcement on ex-date and entitlement dat will only make sometime in Mac
hng, u not buy wb anymore? some says it worth more than rm0.40, tomolo we will see how it go.
ReplyDeleteContinue bought more Uchitech at 1.14
ReplyDeleteJames
ReplyDeleteHa! better for me to realize these handsome paper profit first due to own portfolio readjustment back to dividend oriental stocks
some says wct-wb worth more than 40cents tomolo...so y u not hold some? or u think it will reach tat price?
ReplyDeleteJames
ReplyDeleteI'm sold off at 30sen, so to lets others profiting as well at 40sen.
I've used off all margin line free from WCT-WB and swap all to accumulate Uchitech at 1.14
ReplyDeletehng
ReplyDeletegood pick,uchitec,cum 5 sen t.e div. bot it last wk also @1.14
Hi guys,
ReplyDeleteMind sharing how do you gain by a mere 0.01 cents?
Why SPsetia is dropping so much? Matched at 0.17. Ouch
hng,
ReplyDeletewow, congratz !!!
happy for u. ^^
laughing all the way to the bank. ^^
thks alwayswin ^^
ReplyDeleteJason - low brokerage will be able to achieve that. understand from ck that malacca securities has the lowest rate.... 0.05 only. ^^
Hi Horse,
ReplyDeleteI tried using the P/L calculator in Jupiter and key in buy 500 lots at 0.9 and sell at 0.91 the profit stood at RM336.60 with a cost at RM45k as capital which translates to 0.75%
That's a lot of capital involved.
10000 0.9050 9,050.00 2.715 10.00 9.05 9,071.77
ReplyDelete10000 0.9150 9,150.00 2.745 10.00 9.15 9,128.11
above buy & sell figure. 9128.11 - 9071.77 = 56.34 profit.
i think malaca securities charge per transaction eventhough same stock. soli if i wrong.
ReplyDeletefrom malacca securities, "Brokerage fee of 0.05% per contract or minimum brokerage at RM8, whichever is higher".
ReplyDeleteis it mean if i buy 10 times wct-wb, they charge me 10 times RM8???
horse,
ReplyDeletethanks digistar din realise recent results was 1st loss in 20 quarters; ok avoid
amedia egm approved bonus/warrant today; can still rumble tomolo?
uchitec am eyeing this since proposed 5sens, good choice
james,
ReplyDeleteDOn't think it is per transaction, should be per counter, if i buy 10 time WCT same day, all should lump as one.
horse,
ReplyDeleteI think you must recommend your broker to Uchitech as it only want to buyback only 1 lot share at 1.16 (RM 116), but costing it to as much as RM157.04, brokerage at RM41.04 !?
Horse
ReplyDeleteDo you intend to buy IGBREIT tomoro ?
Hi guys, jus wanna ask how did u guys find out about what stocks to focus this week or month? like of all the hundred of stocks how did u guys managed to research on some particular stocks? any tips to share?
ReplyDeleteGuys,
ReplyDeleteDo you still hold spsetia-wb?
Jason
ReplyDeleteFor me,yes. Now no eye see
Bought more SP setia at 10sen, average down holding cost
ReplyDeleteTeng,
ReplyDeleteWhat happened? The Battlesea project no more? Hmmmm
Jason
ReplyDeleteDon;t think is Battlesea issue.Just market player want to push price down
This comment has been removed by the author.
ReplyDeleteTeng,
ReplyDeleteWise to average down at the moment or wait for rebound and cut?
Bought more SP setia at 10sen, once rebound easily can double up
ReplyDeleteJason
ReplyDeleteHard to advise whether to average down cost. Hng just bought at 10 sens.I also bought some quantity at 10 sens
If SP Setia rebound back to 3.20 or higher ( FY out soon),WB will worth 15-20 sens
Again,buy at own risk
Thanks Teng. Will buy at own risk
ReplyDeleteJason
ReplyDeleteI think at current level of 3.05,it is quite safe to buy SP Setia
Hng
ReplyDeleteDo you know last trading day for SP Setia WB?
Teng,
ReplyDeleteSpsetia or the wb?
Spsetia wb Expiry on 21/1/2013
Jason
ReplyDeleteI mean Setia WB. Normally warrant will be suspended few days before expiry date. Correct me if I am wrong
Teng
ReplyDeleteThe trading of SP setia will suspend 1 week before expire date to facilitate warrant holder conversion to mother share
Hng
ReplyDeleteThanks.It will be around Jan 15. Have to race with time for Setia mother share to rebound
Teng
ReplyDeleteIn upcoming Q4 result, we can examine whether SP setia indeed meet its target sale 4b, which further increase its total unbilled sale to more than 6b that ensure at least 2-3 year earning visibility.
If there is year end window dressing, SP setia will be in focus.
In addition, SP setia currently is the midst to acquire more and more landbank and to fund mega project battersea in UK, it must ensure it warrant in money enable to convert to share and raise these much needed fund.
Arthur
ReplyDeleteIs this your first time to this blog. It's your lucky day. Great sharing here particularly from Horse (blog owner), Hng and Teng.
Early Xmas present..
Hng
ReplyDeleteAgreed.Normally mother share will be pushed up so warrant holder encouraged to convert
Lets look back WCT and WCT-WB current share price, some may argue why WCT-WB didn't go up to 40sen since its conversion price will be adjusted to 1.85, here are some of risk i can think of:
ReplyDelete1. Upon new WCT share listing from bonus issue, WCT share may under selling pressure.
2. Upon new warrant, WCT-WD listing, the old WCT-WB and WCT-WC may under selling pressure.
3. Upon WCT-WD listing, WCT itself also may under selling pressure as WCT-WD offer alternative and cheaper exposure.
4. Since the gearing is high, about 9x, each selldown in WCT share will exaggerate in WCT-WB.
However, it after bonus and WCT-WD listing, WCT still retain strong momentum or share price just mildly affected and share price stabilize. We can off course re enter WCT to capitalize price gap between WCT-WB and WCT
ReplyDeleteSP setia back to unchanged, can WB follow.....
ReplyDeleteHng
ReplyDeleteI think actual trading value for WCT WD will be higher than theoritical value of 10 ( or 11sens). If we use 20% premium,WD will worth about 25 sens
Hng
ReplyDeleteAs you wish
Today WCT falls less than expected after ex BI, WD. But WCT-WB is under selling pressure. The ex-price of WCT-WB will be announced on 10th Dec.
ReplyDeleteAnyway bought more at 0.295... wish me luck :)
Based on the selldown of WCT today at 6 sen. Traders are valuing WCT-WD to be worth at least 6x5 = 30 sen.
ReplyDeleteGark
ReplyDeleteI thought revised conversion price for WCT-WB fixed at 1.85?
Not yet.. announce will be on 10th Dec, as it is the listing date for WCT-WD. As of today ex-price is still 2.50.
ReplyDeletetoo busy today did not monitor stock just now... I will queue to buy more SPsetia at 3.03 IF it drop again. I am still holding average 3.01 SPsetia.
ReplyDeletedear all,
ReplyDeletemy baby boy was delivered this morning.
ck5354
DeleteCongrat !! :-)
Congrats !!!
DeleteHi,all,
ReplyDeleteSpsetia Wb's excercise price is 4.48 and the maturity date is 21/01/2013.What is the possibility Spsetia going up to 4.48 from now til then?And the upcoming dividend as well?Think u all should be careful and to take note of the dates.
ck5354
ReplyDeleteCongratulation, welcome and enjoy fatherhood life :)
newbie
ReplyDeleteSP setia conversion already adjust to 2.99 last year after bonus issue
kamsia hng, this is my 2nd one,
ReplyDeletemy 1st one is a girl
ck5354
ReplyDeleteGood to you, i have two boys and plan to have 1 or 2 more to enlarge my family member :)
ck5354
ReplyDeletecongrats on ur 2nd baBy :0
SP Setia slips, investors await more details of RM1b project
ReplyDeletehttp://biz.thestar.com.my/news/story.asp?file=/2012/12/6/business/20121206094915&sec=business
Hng,
ReplyDeleteSorry for the misinformation.Wanted to help but ended up giving wrong info instead.Bursa website did not state the revised exercise price.Only a call to the registrar confirmed it.Though I have no stake in this,apologies are still forwarded to anyone who is affected.
WCT-WB is having large selldown... although the mother share is not moving much.
ReplyDeleteHng
ReplyDeleteCongrats.
Haha
ReplyDeleteSorry , I mean ck5354 congrats..
Newbie
ReplyDeleteNo problem, you're just show your concern. Welcome your input.
Hi all
ReplyDeleteCan anyone of you know any possible that company private placement will resulting adjustment in warrant exercise price!?
I know company will adjust warrant exercise price if there is bonus or new warrant issue, but kulim also say it will adjust exercise price if it payout special dividend.
SP setia already secure approval for private placement of 15% in last EGM, but have no mention adjustment in warrant exercise price.
Hng
ReplyDeleteTo my understanding,there will be no adjustment for private placement,same for ESOS.
Teng
ReplyDeleteOK, hope SP setia and WB can hold on till its release Q4 result.
Bought SP Setia at 3.03
ReplyDeletei queueing for more 3.01 spsetia....hope can get...
ReplyDeleteok....got my units at 3.02....huat lah 12/12/12
ReplyDeleteBought ultramaximum SP setia at 3.00
ReplyDeletewahhh....congratsssss....
ReplyDeletealwayswin,
ReplyDeleteyeap my first time here .. came across this blog when i was searching for news on wct. But guys, seriously how did u guys managed to get so much info? im a starter here
Hng,
ReplyDeleteHope the spsetia results good for a rebound.
hng/all,
ReplyDeletespsetia when is their 4Q results out? should be this week right?
ck,
a pair now bravo and many congratz
Horse
ReplyDeleteCongrats... Tenaga finally break 7.00 resistance. What do you think of drbhcom?
Hng
ReplyDelete3.00 is the gap support for SPSETIA
spsetia results should be next week,
ReplyDeleteestimate on 8 or 9 december plus minus 3 days.
Use availble trading limit, buyback WCT-WB at 31.5-32.5
ReplyDeletewhy wct-wb suddenly up???
ReplyDeleteGooooooo WCT-WB.. :)
ReplyDeleteCK,
ReplyDeleteWCT-WV announcement yesterday say convert price will be revised on 11/12...:)
kamsia gark
ReplyDeleteSold off all yesterday SP setia at 3.02-3.03, realize marginal gain, free up margin line
ReplyDeleteSold off all WCT-WB at 34-35sen, realize another 5D intraday GAIN
ReplyDeleteSold off all previous SP setia, all at 3.02, realize paper loss, which is easily cover by today gain in WCT-WB and free up all margin line
ReplyDeleteHng
ReplyDeleteYou still hold SP Setia WB?
Wah.. gratz hng.. you earn many many 5D profit from WCT-WB already.. year end bonus. :)
ReplyDeleteBought Amedia at 40.5sen
ReplyDeletebye need to send lunch for my wife
ReplyDeleteTeng
ReplyDeleteNo more, these morning also sold off all SP setia WB at 10-10.5sen, realize big loss, to focus back to to play contra on WCT-WB in order to cover loss
Gark
ReplyDeleteThese round of 5D from WCT-WB in actual is to offset loss incur from SP setia-WB
ck5354
ReplyDeleteWish your newborn baby happy and healthy :)
CK,
ReplyDeleteCOngratz on your new born baby.
Happy birthday to your baby !!!
Hi All,
ReplyDeleteI have sold TENAGA at RM7.00
Bought more WCT-WB at 0.285 yesterday. Sold back at 0.295.
Today, i selling more WCT-WB...^^
Laughing all the way to the bank.
The main reason to disposed off all SP setia and WB despite at big loss are SP setia private placement issue. These round of private placement entitle investor to up to 10% discount based on 5 day average price. I think this is a main reason the selldown on SP setia has never stop as fund manager will press down current price severely in order to subscribe share from private placement
ReplyDeletehng,
ReplyDeletecondolence to your SPSETIA. :(
Lucky you have WCT-WB to cover.
Don't depair, this is just unfortunate there is such placement else it will be otherwise. Good Luck.
horse
ReplyDeleteI'm indeed disappointed that i have to cut loss on SP setia and WB due to untimely private placement. Based on current SP setia price of 3.02, its wb already at high risk. I afraid that if the private placement of 15% issue at 2.80 (7% discount), its WB will be worth nothing........
yea, better safe then sorry.
ReplyDeleteA quick and correct decision making there will avoid you getting bashed badly in stock.
Nice move and great sense toward sensitivity of a stock movement.
This gifted sense in turn an advantage to you. ^^
i am queuing more IGBREIT at 1.32. ^^
ReplyDeleteGood luck.
horse
ReplyDeleteNowadays, better opt for more conservative stand expecially year end soon and soon begin of challenging 2013, THE GENERAL ELECTION
Bleh... wish i have the guts to cut loss.. I still keep some stocks at large losses, which is still in my portfolio for 2-3 years already...
ReplyDeleteHorse
ReplyDeleteYou may want to take a look at UOAReit as well. DY wise,it is better than IGBReit.10sens dividend VS 6+ sens for IGBreit.UOAreit trade at 2-3 sens above IGBReit now
Negative for UOAreit is office over supply now.But most UOAreits properties are in good location
horse
ReplyDeleteUchitech is slowly move up, hope it can surge up to 1.20 once the dividend is announced.
However there is risk on Uchitech also as its pioneer status which allow uchitech enjoy tax free commence from Jan 2008 will be end on Jan 2013, which mean next year onward Uchitech earning is subject to gov tax 25%, resulting its EPS reduced accordingly by 25%.
Nevertheless, as Uchitech is very focus on R&D, its pioneer may grant extension of another 5 year by Mida, which if materialize will get rid of these risk.
thanks hng.
ReplyDeleteIn fact i am queuing 1.13 the other day but not done, maybe need to move up a bit at 1.15. ^^
If IGB at 1.32.. should be able to get 5% divvy based on 100% payout?
ReplyDeleteThanks Teng.
ReplyDeleteFOr now IGBREIT is meant for my scalping only, i have load of them already. Just checked my order at 1.32 matched. ^^ Will sell at 1.33 soon. ^^
horse
ReplyDeleteIts wise move o scalp trade to earn some profit everyday if possible. After all, we as retail investor have limited capital to keep load share, thus, after accumulate particular stock as core holding, the extra share shall focus on contra trade to profiting even at small margin.
Hng
ReplyDeleteThanks for the analysis for the Spsetia. Really have to learn from the cut loss. Better save the balance bullet for other share. Thanks . Cut loss now is better than later.
Hng
ReplyDeleteThanks for info. Yes stop loss is very important. I have no problem with that. If a trade does not work to our expectations, then better exit. There is always another trade ..
Horse
Continue to prosper with your scalping..
alwaywin111
ReplyDeleteWe as retail investor/trader always has option to anytime buyback those sold stock if supply and demand change trend.
Amedia start moving, the entitlement for bonus and free warrant should be due to announce soon
ReplyDeleteYes, Amedia at 42.5sen
ReplyDeleteWhoa AMEDIA moving again...
ReplyDeletealwywin111
ReplyDeleteThat is benefit of being retail investor, buyback anytime and reap multiple time profit on wining stock
Amedia, 43sen now
ReplyDeleteLooks like will test nov high of 0.465
ReplyDeletewhy is wct-wb still trading so high despite trading at premium above 20%?!
ReplyDeletearthur,
ReplyDeletepls read this.
http://ck5354.blogspot.com/2012/12/why-wct-wb-share-price-up.html
Arthur
ReplyDeleteWCT-WB exercise will be adjusted to around 1.85 next week, after the book closure for WCT bonus and new warrant
Arthur
ReplyDeleteAlthough there is gap price of 16sen between current WCT price of 2.35 compared to WCT-WB warrant price of 34sen + adjusted conversion price of 1.85, but trade caution as WCT itself may under selling pressure once bonus and free warrant is listed
Amedia TOP VOLUME
ReplyDeletehi, quite some time i posted comment to this site. you guys are great in market. today was my lucky day. 3 contra trade. haha. the best was on amedia. bought at .405 sold all at .435 and bought back at .425. hopefully good news come out. if not die
ReplyDeleteI’m really amazed with your posting skills as well as with the layout on your blog site. Is this a paid style or did you modify it yourself? Either way keep up the pleasant quality writing, it is rare to see a great site such as this one these days.I recently came to know about http://uklocalmovers.co.uk/, their House Removals Battersea are very effective.
ReplyDeleteHouse Removals Battersea