Gotten Rid All My OSKPROP ^^

 

 

1. OSKPROP - Thanks to the shares buyback.^^ Have disposed my last batch of OSKPROP-WC at 0.19c. ^^

 

2. WCT-WB - CK, i have not recieved my units as yet. :( Will lodge a complaint to the Broker and see what they say. Will quote that the direct account seem faster than nominee, see if they have any explaination on this. You are right, the longer it drag, the profit get diminished. Hopefully, there is still some profit left for me. :(

 

3. Watch List - IGB, IGBREIT, MBFHLDG, CCM, YTLP-WB

 

4. Good Luck.

Happy New Year To All - 2013 !!!

 

 

1. KULIM-WC - Cut loss at 0.97. Loss 5sen. :( All make money on this except me. LOL !! This one look dangerous, it might end up closing below RM4 mark after ex, better stay out.

2. OSKPROP - Sold all at RM1.04 with paper profit. ^^ Still holding some OSKPROP-WC.

3. Watch List - CCM, IGB, MBF, KSENG

4. HAPPY NEW YEAR to all. We are entering 2013 soon. Another challenging year ahead. This year is good for me, hope year of 2013 can prosper further. ^^

 

5. Good Luck !!!

6. Just noticed that WCT has announced second batch of WCT-WB conversion to be listed on Thurdays. Not sure mine fall under this batch ?

Trades Dated 28/12/2012 - KULIM Can't Ejaculate :(

 

 

1. KULIM -WC - Kulim can't even move up even with the declaration of 0.9094sen special dividend. This make Kulim-WC to be under perform as well. Just saw the bursa announcement., the adjustment of exercise price for K-WC will be at 3.13 to be make effective on 12/1/2013. The payment of 0.9094sen dividend is ex on 9/1/2013. Which mean with such pathetic performance of mother KULIM, this make K-WC has no advantage at all. Ex-price for KULIM will be (5.00 - 0.9094) = RM4.09.  K-WC has no discount at all as (4.09 - 3.13) = 0.96sen only. :( Now K-WC is trading at RM1.03, it is trading at a premium but not very high though as it still has long expiry date till 2016, so there should be some premium given. Not too bad but no advantage i would say unless mother went straigth up when approaching ex-date on 9/1/2013. I am being greedy, still holding mine. :( Now more or less breakeven. :(

 

2. WCT-WB - Decide to sell last batch at 0.365sen. Not sure there will be selling force coming on Monday when the first batch of conversion go listing. Better sell first and monitor closely. I am still waiting for my turn on the conversion units, hopefully can come in next week as well. ^^

 

3. OSKPROP-WC - Sold some at 0.195. ^^

 

4. Watch List - KULIM, CCM, MBF, WCT, OSKPROP, ALAQAR

 

5. ALAQAR - Missed. It went up at 1.37, closed at 1.32. :( Should have sold at 1.35. :( Still hanging on this.

 

6. Good Luck.

Trades Dated 27/12/2012 - KULIM will fly tomorrow ^^

1. OSKPROP - Thanks to the shares buy back. I sold more at RM1.03 realised more paper profit.

2. KULIM - Just declared 90.94sen single tier special dividend. The adjustment to the exercise price of Warrants 2011/2016 in accordance with the provisions of the Deed Poll arising from the Special Dividend will be announced in due course. Right on timing. ^^ HUAT ARRRR.... Thanks to hng. ^^

 

3. WCT-WB - First batch of WCT-WB conversion will be listed on Monday. Don't think my one fall into this. :( Hopefully, when i get mine, price still stay high. :p

 

4. UCHITEC - Still rock after ex. Congratz to you Teng. ^^

 

5. Watch List - KULIM, OSKPROP, WCT-WB, YTLP-WB, ARANK

 

6. All, sharing is caring. I hope this blog benefit most of you. ^^

 

7. Gark, you trade from indonesia ? :p

 

8. Good Luck. !!

Trades Dated 26/12/2012 - KULIM

 

 

1. OSKPROP - Sold some at 1.03 and bought some back at 1.01. Realised contra and paper gain. ^^ Company continue to have shares buy back, may in turn causing the price surge higher. ^^

 

2. KULIM-WC - Bought very small amount of this warrant at RM1.02, joining the KULIM-WC club. The impending special dividend around 90sen to 93sen will serve as a catalyst to drive the underlying share higher. ^^ This will evetually benefit the Company Warrant as there maybe an adjustment of exercise price after the proposed special dividend. ^^

 

3. WCT-WB - Thanks to CK for the registrar office number. According to the officer, we will be getting our conversion mother share sometime next week. ^^ Hope it is a good news by then. ^^ Will repeat the same exercise again if the discount is still wide. Hopefully, not getting caught. ha ha ha !! 

 

4. Watch List - OSKPROP, KULIM-WC, WCT-WB, MPHB

 

5. Merry Chrismas & Happy New Year to All !!

 

6. Good Luck.

Finally GLOMAC ^^

 

 

1. GLOMAC - Bought Glomac at 0.83sen. Just declare 2.75sen dividend. ^^ Hope to reap profit tomorrow. ^^

 

2. FABER - Bought Faber at RM1.37. Sold partially at RM1.38.

 

3. OSKPROP - Profit up in 3Q & 31% in accumulated 9 months. ^^ Can this drive the price up ?

 

4. Watch List - BJTOTO, GLOMAC, FABER, IREKA, IGBREIT, OSKPROP

 

5. hng & Teng, is both of you still keeping Oskprop ?

 

6. Good Luck.

GLOMAC 2.75sen Dividend Likely Announce On 16/10/2012

 

 

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. !!!

What Do I Do If Market Slump !?

 

 

1. SUNREIT - Continue to bank on SUNREIT. Bought in at RM1.45 and sold at RM1.46. ^^ :) 1sen profit.

2. OSKPROP - Selling pressure continue today couple with bad sentiment and overall sell down. :( Nothing much can be done, just wait for the 5c dividend to be announced by end of this month hopefully.

 

3. HEKTAR-TR - With my average price at 0.1563 add the Right Issue price at 1.23, that make up to RM 1.3863, still below the mother share at 1.40. If the condition don't allow me to dispose at higher price, i will opt to subscribe all the Right shares, with that i hope to gain 1.3sen profit after conversion.

 

4. What do i do if market slump like this? as i stress many times, we only concentrade on dividend yielding stocks. Like what hng mentioned, dividend make some cushion there, if stock trading with cum dividend down side risk maybe minimised. If situation allow you to hold a bit longer, you may reap profit after that or possibly dispose at no loss. If you know your stock well, by all mean pick up more at the right price, dividend may in turn become your only confident factor to load in more for averaging cost down purpose or for earning even more dividend by cushioning your loss further. Either reason also should drive one to buy in more, as you know for sure dividend will set in to cushion your loss if given enough time.

 

5. AFFIN-CG - Teng, i think hard to get at 0.15sen. :( Nevertheless no harm for trying. Good Luck.!

 

6. Watch List - FABER, SUNREIT, OSKPROP, GLOMAC, HENTAR-TR, BREM

 

7. Congratz to hng on JCY. Salute. ^^

 

8. Good Luck !!!

 

We All Have Weakness :(

 

 

1. HEKTAR-TR - I bought in few batches, 0.16c 2 batches, 0.155c 1 batch & 0.15c another batch. I am trap and stuck. LOL !! ^^ ;)

 

2. BREM - Bought in 2 batches, RM1.19 & RM1.18. Timing just right, today Brem just declared 6sen dividend. ^^ :) Should expect some moving starting from tomorrow. :) HUAT ARRRRR...

 

3. OSKPROP - I have been alloted excess shares as well beside what hng & Teng are getting. I have been given odd lots as well :( but surprisingly out of the 5000units excess that i applied, i have been alloted with 627units shares, higher then what hng & Teng are getting ??? Really puzzle me !? OSKPROP-WC starting debut today but only manage to capture highest about 28% premium from the underlying stock. Much lower than what we anticipated of at least 30%. :(

 

4. IGB REIT - Have submitted my entry on this. All the best. !!!

 

5. Me too, have weakness to realize higher gain on shares that we picked. So long as we make, we should be happy no matter how. :( Some time feel disappoitnted when the share price surge further and unexpectedly high. Quite sickening seeing such scenario happened. :( Nevertheless, should be happy we did not make a loss. LOL ^^

 

6. Watch List - FABER, HEKTAR-TR, BREM, OSKPROP, GLOMAC

 

7. Good Luck !!!

OSKPROP Right Issue Over Subscribed By 54.16%

 

 

1. OSKPROP - The Rights Issue with Warrants as at 5.00 p.m. on 16 August 2012 are set out in table below:-

	No. of Rights Shares	%
Acceptances	18,105,096	96.59
Excess applications	10,790,838	57.57
Total acceptances and excess applications	28,895,934	154.16
Total Rights Shares available for subscription	18,744,703	100.00
Over subscription	10,151,231	54.16

2. AFFIN-CF - Bought in at 0.16sen. The current net worth on this Call Warrant is around 0.1733 as we enter the 2nd day of cash settlement. I will try to buy more with my limited fund available on Monday if the underlying share price remain steady. ^^

 

3. RCECAP - Aim for it 1.5sen dividend anytime soon. Bought in at 0.47sen today. Hope for the best. Taking a risk here as their net profit for 1Q has shrink a lot. :(

 

4. APOLLO - Price steady at 3.26. ^^ Will announce 20sen dividend soon but even with that, the ex-date is relatively long in DEC 2012 or so. :(

 

5. GAB - Beautifully chalk up 30sen today while pending for the propose dividend announcement of more than 44sen maybe. The actual dividend announcement will be around OCT 2012.

 

6. Watch List - OSKPROP, APOLLO, RCECAP, AFFIN-CF

 

7. Good Luck. !!!
- Right issue

I Thought I Saw A Pussy Cat ?

1. SUNREIT - Sold at RM1.52 and bought it back with smaller quantity at RM1.50. What i don't know that it is ex on today. :) ^^ On top of the contra gain, i entitled for its DPU as well. :) I thought i saw a pussy cat. ha ha ha ... Not bad not bad.

2. KASSETS - Still keeping this guy, might opt for IGB REIT since i can't sell the price that i offered. :(

3. OSKPROP - When is the listing of its Warrants ?

4. Watch list - APOLLO, SUNREIT, ARREIT, YILAI, FABER, WCT, KSL, AFFIN-CF

5. Good Luck.

Bought In KASSETS

1. KASSETS - Finally bought in KASSETS in 3 batches. 8.94, 8.93 & 8.92. Trending lower. :(

2. FABER - Staying very firm. :) Good sign.

3. OSKPROP - No show :( most likely it will start to come when right issue is completed. :) ^^ Hopefully.

4. Watch List - KASSETS, WCT, FABER, OSKPROP, HAPSENG

5. Talking about fund. I have one reasonably big sum for the coming IGB REIT IPO and my tradable fund now left 20%. Majority fund all went into OSKPROP. Just like hng's WCT-WB, i do hope OSKPROP can run well after completion of right shares. Hope WCT-WB and OSKPROP can both have strong rally in this week or next. ^^ We will then Laughing All The Way To The Bank.

6. Good Luck.!!!

Scalp Trades Dated 13/8/2012

1. FABER - Sold first at RM1.35 and bought all back at RM1.33. 2sen profit. :) ^^ Certainly have high hope on this. Will bang this in and out when opportunity allow. :)

2. RCECAP - 1Q profit drop by 59%. :( Avoid this counter temporary.

3. OSKPROP - Up 2.5sen. :) Looks like confident level has improved. ^^ More upside would be anticipated.

4. KASSETS - Thanks Tay SK for the information on this. Have not buy in this as yet. Still searching for right price to enter. :(

5. POS - Congratz to Gark !!! Managed to sell above RM3+. Ex-date on the 15/8/2012. Tomorrow would likely the last push before settle with ex-price.

6. AFFIN-CF & MBSB-CB - As mentioned by Teng, these two will be expiring on the same date. Of the two, i would prefer AFFIN-CF as the ratio is higher and it would probably be safer as the underlying stock will need to be bashed down more for lesser value of CW and it is VWAMP as such manipulator will need more effort on this. Keep a close eye on this. ^^ :)

7. E&O - Avoid this at the moment. :(

8. WCT - Need to breach RM2.60 hurdle before commanding more up surge.

9. Watch List - OSKPROP, WCT, KASSETS, FABER, ARREIT

10. Good Luck. !!!

KASSETS - Can Someone Clarify This ??

1. KASSETS - Will trying to buy this but i am concern on Tay SK questions below. Is that true that Capital Repayment take 6 months to realize and distribution of IGB REIT take a month to complete from listing date?? If that is so, capital will be tied down for sometime :( We might lose out opportunity time if somehow there is one come around. :( Can someone clarify this ??

Tay SK said...

I was wondering why people would be buying ABOVE the value of 8.98 for KASSETS. Why give it a premium when IGBREIT at 1.25 is only giving indicative yield of 5.1%? i scare there is not much upside to the igbreit price anymore. Frm my knowledge, the capital repayment will take place within 6 months so your 25% capital will "locked in" without earning money if buying at a premium. I note that the distribution in specie may take up to a month frm listing date to be completed. Please correct me if wrong. :)

2. FABER - Bought in at RM1.32. ^^ :). Join in the club.

3. RCECAP - Sold all at 0.475. Half sen profit. ^^ :)

4. OSKPROP - Offering Condominiums and unique waterfront & garden-front luxury villas in Cyberjaya. Understand that phase 1 Condominiums already sold out and phase 2 is now open for sale. The Luxury Villas is from 1.4m onwards. Wow truly high class and unique. Hope this is a vibrant village and coming 2Q will have better result. ^^ :)

5. WCT - Congratz to hng and those that join in the club. Looks very promising. ^^ :) Multi-5 figures profit should be reachable. All the best to all.

6. Watch List - KASSETS, OSKPROP, WCT, FABER, RCECAP

7. Good Luck !!!

WCT - The Next Roarer Horse !!!

1. OSKPROP - Sold some at RM1.00 for the batch that i bought at an average price of RM0.985. ^^ :)

2. OSKPROP-OR - Swap from OSKPROP and bought more OR at RM2.68 to get more of it right shares. ^^ :) I ask the Investment Bank staff whether i can apply excess for Right, they ask me to try but i am quite sceptical of it getting the application approved even if i do apply as hng pointed out that this is a special case where the right comes with BI. Nevertheless, i still putting small hope here by applying a very small quantity of 5000 units excess. ^^ Putting a side 5K is something still can be afforded without upsetting my trading limit much. Hoping for a miracle then. LOL !!!

3. IGB REIT - Thanks gark for the input. I will still go with my IPO on this, as this is the separate fund that meant solely for IPO.  ^^ :)

4. WCT-WB - Way to go hng being one of the top 20 major warrant holder. ^^ All the best and hope WCT roar big time, went surpass RM3 mark !!!!! HUAT Ah. :)

5. Watch List - OSKPROP, WCT, AMPROP, RCECAP, ARREIT, YTLP-WB

6. Good Luck !!!

Patience is A Virtue

1. MSM - Aiyah, if i have the patient to wait a little bit longer. ^^ Too bad sold all of them at RM5.11. Eagerly want to free up more cash for OSKPROP-OR, liquidated too early.

2. OSKPROP-OR - Bought in at RM2.47 and sold at RM2.55. Make a quick contra profit. ^^ :)

3. YTLP-WB - Queue at 0.58 but not done. :( Congratz to hng & Teng, half a cent profit now. :)

4. CK, i don't like N2N platform, it make my execution of trades too slow. I still prefer ExcelForce platform, in which i can standby my buy/sell queue when i am ready to attack/liquidate. HLE has a very stable trading platform, you should consider this rather than MBB.

5. Watch list - WCT, YTLP-WB, OSKPROP-OR, WTK

6. Watching our Dato Lee against Chen Loon now. Good luck. !!

The True Value of OSKPROP-OR

1. OSKPROP - Buying 4 batches, hope to get a quick profit here. ^^

2. OSKPROP-OR - Assuming OR is fully exercised, what is the true value of OR ? One Right comes with 2 Bonus Issue and free 3 Warrants. Estimated actual value of OR :-

1 Right = 0.98

2 Bonus Issue = 0.98 x 2 = 1.96

3 Warrants = 0.98 x 25% x 3 = 0.735 (* as hng pointed out that warrant a least 30% premium but i just quoted 25% here)

Actual value of OR = 0.98 + 1.96 + 0.735 - 1 = RM2.675

Will try to apply excess units. hng, may i know what is the chances of getting excess units ?

3. YTLP-WB - Something fishy on this ? Big buying toward last minute....

4. MSM - Still keeping.

5. Watch list - OSKPROP-OR, MSM, YTLP-WB, YTL

6. Good luck.

Simple & Straight Forward Profitable Trades

1. YTLP-WB - Sold all my Ytlp-wb at 0.595. ^^ Didn't expect such a contrast where mother price goes the opposite way of son's price. ^^ :) Someone expecting big show from YTLP tomorrow ?? Let's wait and see.

2. MSM - Still holding this, will see how it fare tomorrow before deciding what to do with it. ^^ :)

3. OSKPROP - OR will be listing tomorrow, with oskprop closed at 1.01 today, i need OR to be above 2.90 in order to make profit. Hope for the best. ^^ :)

4. Watch list - OSKPROP, YTLP-WB, MSM, ANNJOO, YTL

5. Thanks hng. !! Copy and paste hng's input on Ann Joo. Among the catalyst for Ann Joo are :-

1. Secure steel plate supply contract by mega construction project, namely extension LRT and MRT

2. Secure customized high grade steel contract by Petronas for its Oil and Gas project

3. Newly completed blast furnace commence commercial production in Q2 and contribute maiden revenue to Ann Joo

4. Input cost stabilizing namely scrap metal and molten iron

5. Reduce cost of production through reduction in electricity cost from its state of art RM 650m blast furnace 

6. Absence of inventory write down

and last but not least

7. Tight up with new strategy partner whom have expertise in manufacture high grade steel product. It could be through equity stake sell via private placement at least 20%. With that Lim family effective stake in Ann Joo will be diluted from 66% to 55% 

CIMB Screw MSM-CA Warrant Holders :(

1. MSM-CA - Here we go again, CIMB manipulated the MSM share price by getting it price to settle at RM5.03 at last minute. With this MSM-CA settlement price to be settled at 0.1248. :( My cost on MSM-CA is at 0.125. My loss is at 0.0002 almost breakeven, think i will lose my brokerage fee as well. :( Small bruises. I have to avoid CWs for time being. :( As far as i know none of the CWs issuers are gentlemen enough to let the demand and supply to take it course just like HKSE. The worst being OSK, remember KNM case? SC needs to step in to do something here or regulate the MM from being manipulating the mother share to protect the CW holders else it is just an unfair game. Will boycott CWs for time being. Lucky it is just a small bruises from me.

2. MSM - I grab MSM at RM5.03 last minute by jumping queue and offering at a price of RM5.06. ^^ Hoping of jacking the price up last minute, LOL !! but the selling forces are just tremendous from MM. :( Hope i can recover some losses here that i incurred on MSM-CA. hng, what a coincident that you also grab the same price as me, we have something in common? I must say we both have a great brain that think alike. ha ha ^^

3. OSKPROP - Ex-dated price at RM1.05. Which mean the right OR would likely be around (1.28-1.05) * 10 = 2.30 to 3.00.

4. GENTING SP - Lucky me. LOL !!! Bought in S$1.23 last Friday and today garner 9sen at S$1.32. ^^ :)

5. To all newbies, please ask the expert here if you are in doubt or not sure pertaining to share investment. If you read this blog quietly and buy quietly, any losses incurred you have yourself to be blamed. Don't accuse anyone has mislead you for your action. We are here sharing our thought and exchanging information so that everyone would be benefited. Take responsibility on any penny that you invested in. Good Luck.

Continue to Bang on YTLP-WB !?

1. YTLP-WB - Sold them all at 0.605 and bought it back at 0.595 and 0.585 respectively in 2 batches. Keep banging on YTLP-WB, hope to gain most of it. Hopefully i am not wrong. :p

2. MSM-CA - MM plays dirty again, block huge volume at 5.10 last minute. This act make MSM-CA settlement value in limbo. :( Might not be able to make money this time round. :( Hope for the best on next Monday, the judgement day.

3. OSKPROP - Bought in 2 batches at 1.28 & 1.29. Ex-date will be on next Monday.

4. GOLDEN AGRI - Have sold all my Golden Agri at S$0.755 the other day. :)

5. GENTING SP - Bought in GSP at S$1.23 today. I think it is low enough for me to buy in now.

6. Dow Jones seem ok. :)

7. Good luck all.