KLCI hovers below 1500: Very Bearish

 From May to Aug 2022, KLCI tops 1600 in mid May, plunges to 1420 in mid July and since has recovered to 1500. World economy is in shambles, liquidity crunching, sentiments are bad with inflation spiraling up due to geopolitical tensions and technically puts the world in a recession.

Stock prices have come off the highest from May and I have sold off all my holdings, IOI Corp, MHC, Sarawak Plant in the palm oil plantation sector. 

Maxis recent posted quarterly earning, Qeps of 4.2sen (Qeps/eps 4.3/4.6/4.2/3.7/3.8/4.2) seems to indicate consistent results. DIGI Qeps meanwhile was 2.8 sen (Qeps 3.4/3.6/4.0/3.9/3.0/2.8). Both declared dv 5 sen and 2.8 sen respectively going ex. by month end. Stock prices stood at 3.70 for Maxis and 3.60 for DIGI

CLMT stock price at RM0.57 (nta 1.10, Qeps 0.4/0.5/0.1/-2.4/1.0/1.1) declared dv 1.95sen going ex, 12th Aug. It is unclear whether earnings can be sustained given the tough environments that REITS are going through in the present. YTL reits closed at RM0.96  (nta 1.62, Qeps 0.0/5.6/0.9/0.1/0.0/4.8) declared a dv 2.07sen ex. on 12th

Scientex price plunges to RM3.40 (nta 1.96, Qeps 7.2/7.1/9.2/6.6/6.0/5.7) on worries of diminishing earning affected by rising cost of raw materials in their plastic packaging film production and their property developments in Johor.

Very bearish on the Malaysian stock market. Nothing really worth buying as most stocks seems so pricey, overvalued and risky. Don't listen to any analysts calling for a BUY & HOLD on any stocks.

Many people are holding cash (liquidity) and are fearful of the stock markets. Others are just holding their cash to ride out the uncertainties and their expenses in this liquidity crunch. Keep cash (liquidity) in hand, always.

KLCI hovers at 1760: Bearish

Over the past months we have seen the KLCI approaching the target of 1800 but never quite breach that mark and since then it has tumbled to the current range of 1760.. In that period of time we have seen a lot of stock/share regaining their prices and some even posted their new high.

However stock prices have since slid below their highest attained and with no catalyst in the immediate sense, I believe it is about time to take profits again and minimise our positions in the stock market....
I don't really like what I'm seeing in the market in terms of prices and volume...
Happy trading then...

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) ...

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

To those celebrating CNY: Be happy...

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 

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

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,

The Good, The Bad, and The Ugly - Ukulele Orchestra of Great Britian

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%)