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,