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

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,