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

Thursday, June 26, 2014

Crescendo. Paramount

Crescendo (nta319, Qeps 9.2/ 12.7/ 21.4/ 13.1/ 2.4c) reported a Qeps of 2.4 sen, a 70% drop in earning compared to a similar quarter last year.
Pays 16c annually.. Declares a dv of 9c going ex. 8th Aug.
Buying in....

Paramount will be doing a rights issue at price of RM1.10 per RI on basis of 1 rights share for every 4 existing @ entitlement date 8th July 2014

Monday, June 23, 2014

Recent Trades:

Sold shares in WCT, Crescendo, MKH, KPS and Efficient..
Sold completely all YTLP and waiting for another plunge..
Let's watch and see if KPS (nta 222, Qeps 4.9/ 46/ -2.7/ 4.7) ever fall back to RM1.55 range
Decent gain from recent trades but not an awful lot.
Bought shares in KSL, HapSeng, IGB Reit, SunReit, PavReit and Malton..
Missed taking  position in Pantech

The following shares price rises on positive news of its landbanks and its steady recurring income:
Daiman rises from RM3.50 to RM3.80 (go read The Daily Edge's article on 17th June)
KSL up from RM2.17 to RM2.28 (ref. The Edge's article on KSL dd 23rd June). Should accumulate more of KSL shares..
Tambun moves from RM2.08 to RM2.18 today.

Scientex (nta 310, Qeps 13.7/ 13.8/ 13.3/ 15.3/16.4) declares a dv of 8c going ex. 17th July
It should cross the RM6.00 resistance easily when its second dividend is announced..
HapSeng continues its ascent from RM3.26 to RM3.56 over a two weeks period
It has a dv of 10c going ex 3rd July.. 
If it can keep up the half yearly dv of 10c, share price could hit RM4

My position in Reits has made some decent gain with SunReit giving the best return at RM1.45
Waiting for PavReit to catch up from RM1.37
IGB Reit is a good buy at this range of RM1.22

Sunday, June 1, 2014

Earnings Season: Paramount

Paramount (nta 221, Q/Qeps 4.4/ 3.2/ 4.1/ 4.3/ 5.8 sen) latest Qeps at 5.8 sen is pretty good..
Did anyone realises that its shares price plunge from RM1.64 to RM1.48 on Friday but have since recovered to RM1.60 on Monday...
RM1.90 seems like a target price. Paying dv of 5.5 c gong ex on 11th June..
Guess everyone was watching the shares price plunges of and buying in YTL@ RM1.63, YTLP@ RM1.50, Padini @ RM1.90 and Hap Seng @ RM3.09...