Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, May 13, 2015

KLCI floats at 1800 range: Bearish

It's been two months since my last posting and I'm still bearish about the Malaysian stock market. Sure we did see the KLCI index peaked again in late April to 1850 but since then has tumbled to slightly below 1800..

I have been reducing my stock holding aggressively and now sit on an investment portfolio of 30% stocks and 70% cash. The liquidity will sure comes in handy should there be a global stocks sell off or a severe and violent market correction..

Previous months and recent trades includes Hap Seng (overvalued at RM4.30), KSL (still like this one at 1.80), Tambun (earnings will be affected), Scientex (still ok at RM6.80 range), Paramount (neutral at RM1.62 with 5c dv in June), Luxchem (overvalued at 1.12), Maybank (positive at RM9.30), Insas (undervalued at 92c), L&G and IGBreit (positive) ...

Tuesday, March 10, 2015

KLCI dips below 1800. Recent Trades

Sold some shares of KSL at RM2.35 and on announcement of quaterly earning, the shares price plunged close to RM2 before slowly ascending to 2.15
Sold Tambun shares heavily at RM1.93 before it slid to 1.73
Shares price today recovers to 1.87

Accumulate IGB Reit shares at RM1.32 to sell from 1.34 to 1.36
Accumulating shares of YTL Reit

Collects dividend from IGBReit, YTLReit, HSPlant, SwkPlant and Kulim Plantations

Thursday, February 19, 2015

Monday, February 9, 2015

KLCI above 1800: Recent Trades

Recent trades:
Sold completely shares of CMMT  Reit  with respectable profit.
A friend CP made about RM 6,000 profit on CMMT. Wow, well done..
IGB Reit dv 3.9c going ex. on 10th Feb
YTL Reit eased 2c to RM 1.03

Traded DIGI between RM6.40 and 6.60
DIGI has a dv of 7.2c going ex. on 25 Feb.
Maybank shares price didn't slide to the price range I anticipated..
KSL making its move again, from RM 2.04 to 2.15
Tambun still at RM 1.94 

Friday, January 23, 2015

KLCI Recovers to 1800. Selling Into Strength

Maybank shares price recovers to RM 9..
Profitable trade as all shares were purchased between 8.40 to 8.83

Recent trades:
Sold Insas at 92 sen (plunge to 84 sen today after going ex.).. to wait and see if it goes to 80c/76c range
Sold L&G.. I think it may do a 58 sen hit..
Sold ThongGuan Industry ...

Trading Tambun shares between RM1.50 and 1.80 with KSL (after 1:1 bonus issues) ranging from RM1.80 to 2.10 ... Love the big moves they make...

Switching from telcos to REITS has pay off..
CMMT is currently traded at RM1.56 (accumulated 1.39 to 1.43) with a 4c dv by month end

Tuesday, December 9, 2014

I like Maybank at this price; RM8.90

Maybank (nta 546, Qeps 20/ 19.6/ 18.1/ 17.5/ 17.6 sen) currently hovering at RM8.90
Maybank previous dividends of  55 sen (31c + 24c) if it persists will offers a dv yield of 6.2 %
Hmmm, quite decent for a bluechip counter..
Sold all my telcos shares in Maxis and DIGI (which pays between dv yield of 4.3 to 4.8 %) to accumulate Maybank..

Insas (nta 180, Qeps 8.9/ 6.2/ 4.6/ 4.9 sen) did surge to RM1.20 strong resistance level before diving on announcement of its recent Qeps of 3.6 sen
Sold most shares above RM1.15
Currently trading at 94 sen, worth nibbling between the range of 90 sen to 86 sen strong support...

L&G (nta 57, Qeps 3.9/ 4.0/ 3.2/ 4.5/ 7.9 sen) looks like a good counter to trade at 50 sen level

Recent trades:
Sold all of my shares in TM, Maxis and DIGI
Sold two-thirds of shares in Tambun above RM2.14 , buying back on weakness in shares price currently trading at RM1.80
Sold some shares in HapSeng, KSL, Paramon, PJ Dev, ThongGuan Ind., L&G, PavReit, IGBReit,

Thursday, October 30, 2014

Insas. CMMT. KSL. HapSeng. YTLReit

If there's a stock I would  invest a lot of money in, it would have to be Insas (nta 180, Qeps 8.9/ 6.2/ 4.6/ 4.9c)
Accumulating from 98 sen, RM1.00 and RM1.05
The movement 86/88c -> 96/98c -> 106/108c -> 116/118c.???
I think it's gonna move to RM1.19 strong resistance (former strong support).

Why the dip in CMMT stock price to RM1.43.?
CMMT (nta 123, Qeps 6.5/ 2.1/ 2.4/ 2.2/ 5.9/ 2.0) pays 4.5 and 4.53c as dividends
Therefore 9.03/143 = > 6.3 % dy

KSL shares price has surged to RM4.70 while HapSeng keeps going up to almost RM4.50
Lets see if HapSeng will increase their half yearly dividend from 10 sen ...
Luxchem (nta115, Qeps 3.8/ 3.3/ 4.6/ 3.8/ 3.7/ 4.6) shares price rose to RM1.80 on proposal of bonus shares issue
YTLReit in news on improving earnings. Anyone who misses out on buying other REITS can still accumulate this one as YTLReit pays 6.9 sen on current price of RM1.03 (dy = 6.7%)

Monday, October 20, 2014

Telco DIGI. Maxis. Property Tambun

DIGI posted its latest Qeps of 6.2 sen and a dividend of 6.26 sen going ex on 5th November.
Looking at the six quarters of earning (Qeps 4.9/ 5.8/ 7.1/ 6.2/ 6.4/ 6.2) and dividend (Qdps 4.8/ 5.7/ 7.0/ 6.2/ 6.4/ 6.26), it certainly look like the earnings and the dividends are stagnant; not going to improve a lot.. Currently trading at RM5.95 with a trailing PE of 595/25.9 = 23 and dy of 25.9/595 = 4.3%, it certainly doesn't look very attractive holding DIGI for dividends..

Maxis has not announce its Qeps but looking at previous Qeps 7.0/ 6.3/ 3.9/ 6.4/ 5.9 and Qdps 8/ 8/ 16/ 8/ 8c, its now trading at RM6.62 with a traling PE = 662/ 22.5 =29 and dy = 32/662= 4.8% assuming Maxis will reduce its annual dividends from 40 to 32 sen,,

Prefering REITs now over telco: DIGI or Maxis which has PE ratio > 23
Will accumulate REIT and sell telco on strength

Selling Tambun shares (nta 086, Qeps 4.5/ 5.2/ 6.1/ 6.4/ 6.3/ ??) trading at trailing PE 224/ 24 = 9 with dy = 6.6/ 224 = 2.9%

Thursday, October 16, 2014

Stock market still depressed.

Heavy selling for the whole week at local stock market.
Oil & gas, plantation and property sector share prices plunging more than 20% from recent high..
Looks like stocks is entering a bear market with everybody in a panic mode selling their holdings and asking question later..

KSL rose as high as 4.97 last month and since then had slid to about 4.20 and is traded currently at 3.80
Daiman has dropped from 3.70 and currently trades at 3.00 mark
Tambun share price tumbled from 2.60 to 2.06
PJ Dev slid from high of 2.20 to 1.60 (more than 30%)
Paramount dropped from 1.60 to 1.43
TA shares price tumbled from 93 to 76 sen
Blue chips Maxis, DIGI and HapSeng seem to be holding well at 6.50, 5.84 and 4.00 respectively
Liquidate more than RM500k of stocks for last one month..
And the selling has not subsided with KLCI down by 1% at 1768 : 1001 losers dominating 64 gainers in the local KLSE market.....      Happy trading...