Sold MudaJaya

1. Sold MudaJaya at RM2.62. Swap all to buy UOADEV at RM1.55.

2. congrat hng on your Faber and Tambun !!

3. Let's all "Laughing All the Way To the Bank" :) :) :)

Bought More UOADEV

1. Scalp traded the above today.

2. Too tempted on UOADEV, so bought in at 1.42 today.

3. Buy back MudaJaya at 2.60. :)

4. Today, i am busy with something and not available in the second session, so no trading on YTLPowr-WB. :( Will back in action again tomorrow, hope to bring down my average price. :)

5. hng, it is your turn on the buying spree mode. Good Luck.

EPF Is Buying YTLPOWER ?

1. Scalp traded above today.

2. Teng, see above i sold all MudaJaya at RM2.65. :)

3. Sell 0.40 & buy 0.395 ytlpowr-wb twice today. :) Should have traded 2 times more on ytlpowr-wb. :( but not adventurous enough else intra-day profit would be even more. At least can further bring down the average price. :(

4. Sold UOAREIT at 1.38 and buy back at 1.36 but only partial matched. Above can't show the partial matched counter. I wonder why ?

5. Bought in TWRREIT at 1.39. Should be no problem making profit on this one.

6. I do hope the support from EPF on YTLPOWER is persistent enough and continue to sustain the buying forces to up surge the price back to 1.70 to 1.80 level else it will be quite difficult for WB to go up as YTL is keep reducing their holding.

7. Congrat hng on your UOADEV & TAMBUN. I wanted to buy Tambun-OR at 0.075 yesterday but decided to call off the plan. I had enough UOADEV already but will start buying in again maybe starting from next week. Let's all laughing all the way to the bank especially when UOADEV approved the 10sen dividend during AGM. :)

8. Teng, i am placing buy order for MudaJaya at 2.60 and below for tomorrow, a head up information for you. ha ha ha. Hope can get it, just by swing trade on this counter is good enough to earn decent money. Let's huat together. GOOD LUCK.!!

YTLPOWER In Deep Shit ?

1. Trades done today as above.

2. Sold and buy back YTLPOWER-WB. YTLPower continue to slide down. :( Is the privatization true ? YTL intend to take ytlpower private thru shares swap ? This remain to be seen when the dust is settling down in the later stage. I do hope this is not a true act from YTL else ytlpower shareholders will be in real deep shit and get screwed.

3. On buying spree today. Buy more UOADEV & MUDAJAYA.

4. GOOD LUCK all !!

Scalp Trades Dated 30/4/2012 & Proton Preve

1. Scalp traded the above today. Bought in Ytlpowr-WB at 0.51 and sold back at 0.515. :)

2. Sold my AMFIRST at RM1.21. :)

3. Thanks hng for the information.

4. Teng, YTLpower should be worth keeping in the long run though the owner is selling. :( Thus, i am keeping YTLpowr-WB and keep trading if it drifting lower. :(

5. MudaJaya just declared 2.5sen dividend. :)

6. Just test driven the Proton Preve yesterday. To my surprise the car is so sluggish and very poor response when trying to start moving from the standstill condition, after when it picking up then only i feel the power kicks in. It is quite lag in the initial start, not sure it is due to CVT transmission ? The model that i tested is premium that come with turbocharge. The power is okay while driving in high speed like 140km/h, consider powerful in it class of 1.6cc but the engine sound funny and noisy though when i revved the accelerator. Handling is good, spacious no problem with headroom and legroom.

Bought UOAREIT & DIY Maid Passport Renewal

1. Sold my MudaJaya at RM2.57 for the batch gotten at RM2.54. :) Will buy back if drift lower.

2. Bought UOAREIT at RM1.37. :) Hope to get rid of it by tomorrow. :)

3. hng, i too have recently busy with maid stuff. My maid's passport expiring and needed to get an extension and renew work permit. I approached agent but the charges is ridiculously high, renew passport, work permit and insurance all in at the rate of RM1350.00. I decide to DIY, so taken 1 day leave to be part time agent. ha ha ha.... This is how it work out. I wake up at 6:30am together with maid started my journey to Indonesia Embassy. Reach there around 8:30am but it is already a huge crowd there to my surprise (more than thousand in number). Get my car parked at the building next to Indonesia Embassy. I did a big mistake went i step in to Indonesia Embassy, hope whoever want to DIY your own should not repeat the same mistake i make. I went straight to breakfast together with my maid right at the 1st floor behind the Embassy building. I should not do so, instead should get the maid to queue up to get the ticket first, because, the earlier you get the faster you finished. I spent whole day right from 8:30am to 6pm........gosh... getting mad. Make sure you bring something there to kill time. In summary here what you should do :-

Passport renewal at Indonesia Embassy

First get the insurance for maid.
- insurance coverage a must (wef 1/1/2011)
- insurance can be bought at any Post Office (cheapest package RM60/year)

For those who intend to DIY passport renewal, documents required are as follow:
(1) photostat copy of maid passport (1x)
(2) photostat copy of owner IC (2x)
(3) perjanjian kontrak kerja (3x) (can get from counter 20 in the Embassy)
(4) maid and owner need to go together (representative allowed with authorise letter)
(5) photocopy of proof of insurance - receipt/covernote (1x)

Total Cost of DIY Passport (RM90)
(1) Parking - RM12
(2) Passport - RM18
(3) Insurance - RM60

Work Permit renewal is at Malaysia Immigration. Total cost is (RM495) + Parking RM2 = RM497

Overall amount spend for a maid passport = 90 + 497 = RM587

Comparing employing an agent, the total cost that i save is = 1350 - 587 = RM763 !!!!!!

I think worth a TRY !!! Good LUCK !!

Bought More MudaJaya

1. Bought more Mudajaya at RM2.54. :)

2. hi hng, long time no chat how are you ? Have you started a blog ? Can we have the link here ? Welcome back :) You have been MIA for so long....miss you a lot... ha ha ha

3. Of your 3 stocks, Faber, Tongher & Uchitech. I would prefer Tongher & Uchitech. In fact have been monitoring Uchitech for a while & very tempted to go in Uchitech the other day at RM1.22 but have chosen MudaJaya for the time being. See how it fair tomorrow, might spare some fund for this counter. :) Good Luck.

4. My current shares vs cash is in the ratio of 75% : 25%. Still have about 25% fund to go round shopping before taking a halt. But the immediate worry would be the gathering of bersih 3.0 this Saturday. Let's hope it will no impact much on stock market. :)

Sold YTLPOWR-WB

1. Sold back my ytlpowr-wb at 0.60sen. Try to grab back at 0.58 but unable to do so. Will try to grab lower next week hopefully.

2. UOADEV has an announcement as below :- This will contribute better earning ?

UOA DEVELOPMENT BHD ("UOA")
PROPOSED DISPOSAL OF INVESTMENT PROPERTY, A 14-STOREY OFFICE BUILDING, BY NASIB
UNGGUL SDN BHD, A WHOLLY OWNED SUBSIDIARY OF UOA, TO DKLS INDUSTRIES BERHAD FOR
A TOTAL CONSIDERATION OF RM93,800,000.00.
THE DETAILS OF THE PROPOSED DISPOSAL IS SET UP IN THE ATTACHMENT.
THIS ANNOUNCEMENT IS DATED 20 APRIL 2012.

3. Will buy more Mudajya if it dip further else if rebound also not a problem. ha ha ha !!

Scalp Trades Dated 19/4/2012

1. Scalp traded the above today.

2. Bought in CMMT at RM1.37 and sold back at RM1.38. Make a cent. :)

3. Bought back YTLPOWR-WB at RM0.59, it was done in last minute where i placed higher by a bid at RM0.595 and it matched at RM0.59. :)

4. Bought more MUDAJYA at RM2.63. :) Yes Teng, it is due to the coal supply issue by the Coal India Ltd company that send Mudajya price down. I think it is a good opportunity to buy in as the local operations still fundamentally sound. It is this kind of negative news that we got the chance to buy in cheap else there will be no  opportunity at all. The India Government and CIL will find way to resolve this as this already become national concern and its dealing with multiple power producers other than Mudajya. Some how share investors are over reacting on this issue and extremely sensitive whenever there is problem cropped up in any case. In stock it is normal and it has to be in such form that cause the price going up and down. I believe this is only a temporary set back, this create opportunity for us to go in. :) WB's Greedy while everyone is fearful. Somehow this quot has certain truth there. Will continue to buy in more on weakness. Good Luck.

5. UOADEV continue to stand strong. :)

Bought More MudaJaya

1. Sold my PAVREIT at RM1.16. :)

2. Bought more MudaJaya at RM2.72 but it went down further. :( Looks like it is now in deep of the over sold position, anytime should have technical rebound from current price.

3. UOADEV started to move and chalk up 5sen today. It should breach RM1.60 in near term. :) Still holding bulk of it waiting for further rise. :)

Test Drive Hyundai Elantra

1. Today bought in more MudaJaya at RM2.76 but only partially matched. :( Will continue to buy in more when it dip further.

2. That day, went to Hyundai Car Dealer, test drive the New Elantra 1.8. First look at the car from outside is very appealing. Like it very much, the only set back is the back seat where the design of the car is curving downward that causes the head room to be a bit narrow. :( There is vast different between Elantra 1.6 HS and 1.8 especially the front dash board. 1.8 has all the gadget in there as compare to 1.6. Very sporty look and handling is extremely smooth while test driving. I would advise to go all the way out to get 1.8 if one is tempting to get this beauty but all these still boil down to pricing. 1.8 cost at RM111,888 not cheap though. :( With this price, this make me think twice. :(

3. Another new car launching on 16/4/2012. Yes, it is new Proton called "Preve". Wow !! so many new cars coming a long the way. Hope to get a test drive when it launched. :)

Bought MUDAJYA

1. Scalp traded the above today.

2. Sold some Ytlpowr-wb at 0.615. Remain some for further rise. :)

3. Bought in Mudajya at RM2.80. Hope to get a quick profit on this as you can see it is always yo-yo at this range from RM2.80 to RM3.00. Strategy is to buy in batches when it dip further, always remember to break you money into few batches, so that you can average down and scalp play along when it rebound. :) Good Luck.

4. Teng, Congratz on your ytlpowr-wb profit. :) Keep up the good work. Consistently making money will be the way we would like to achieve. Let's work toward that. Good Luck.

Top Up More UOADEV ?

1. Sold all my MUDAJAYA at RM2.89. :) Expect result out soon, could spur further upside ?

2. Bought in more UOADEV at RM1.45. Price keep pressing down with announcement on result drawing nearer. Something unusual ? Since can't do much, just wait for the result & hope it is a good one. My gut feeling it will be within expectation. Nothing way off from the forecast. The first maiden dividend should be declared and it will be around 6sen i think. They got to give at least something back to shareholders since EPF is one of the cornerstone during IPO else many will be dissappointed and cursing. Tomorrow will buy in more if happen to dip further. There is nothing exceptionally wrong with this counter except the low 0.05 par value of this counter. Earning seem perfectly normal and healthy BS. We have only one asset left on this counter, which is come free for everyone, that is TIME. We shall wait and see.

3. Good luck & may the best price be yours. :)