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

Thursday, March 31, 2011

Good rebound for selective stocks

Selective stocks staged a rebound with gain of 15% and beyond. I'm happy for those who accumulated those stocks for past two weeks. Well done..!

Selling GenM- half of holdings on news of GenM acquiring AK gaming business Pan Malaysia. To sell another batch of GenM @ RM4.20 range
Reduce substantially my holdings of THPlant and TDM on news of only 13.5 sen dividend (13.5/190 = 4.6%) expected for TDM.
For day trade: MEGB, IRCB.

Glomac recently announced its earning. Pretty impressive Qeps 5.6sen. Fv = RM 2.10 (nta 201, Q/Q eps 4/ 4/ 5/ 5/ 5.6) Expect a 4.5 sen dividend in May. Div yield approx 4.6% (8.5/185)

No comments: