Wednesday, December 30, 2009

No more mood for playing shares

After playing sometimes certain shares, i feel my confident not very much improved. Always loss a lot money but gain little. That make me feels frustrated. I should improved my skills and analytical for certain stocks. Always get up with trying to catch up with the shares.

Disposed 15000 Msports at 0.51 cents (28/12/09) at a small loss. Then i bought 5000 share of Affin. Buying at 2.59 but sell today 2.55. Market is not so good . I have to let go Affin at loss.

For sometime, i will not investing till my capital increasing again.

Wednesday, December 16, 2009

Tips on how to choose unit trust funds

source from The Star
Wednesday December 16, 2009

Personal Investments - By Ooi Kok Hwa
UNIT trust funds offer an attractive alternative to retail investors, especially those looking for the benefit of diversification with a small pool of capital while enjoying the possibility of earning higher returns compared with conventional savings.
However, a lot of people have the misconception that the diversification nature of these funds means that the risk of investing in unit trust is low and they can just close their eyes and simply pick any of the funds that come along.
This misconception has led to many paying high prices in learning that as in any type of investments, investing in unit trust funds requires some basic understanding and research before we commit our hard earned money to it.
In general, we can classify the unit trust funds in the market into two major categories: income funds and growth funds.
·Income funds usually are characterised as providing consistent income to the investors. These funds invest in income-producing stocks or bonds or a combination of both. Bond funds, equity income funds and money market funds are included in this category.
·Growth funds generally are more aggressive than income funds but have the possibility of earning higher returns by focusing on the objective of long-term capital appreciation rather than income producing or short-term gain. Examples of growth funds are small-cap funds, commodity funds, index funds and gold funds.
Before we start evaluating the funds to invest in, there are two main considerations which are our investment objectives and risk tolerance level.
Every investor invests for his own purpose. If you are investing for your retirement and are already close to retirement age, you should look for income funds that are more predictable.
However, if you are still young and want to save for your children’s higher education, which will be 10 or 15 more years, you may want to look for growth funds that generate higher return but with higher level of risk.
Once we are clear on what we are looking for in the investment, we can narrow down our selection to either income or growth category and move to the next step of identifying the most suitable funds within the selected category.
Here are a few key factors to look into when evaluating unit trust funds:
·Investment strategy, policy and holdings: Every fund has its own investment profile. Investors should have a clear understanding of the investment strategy taken in each fund that they are considering to ensure it is consistent with their personal investment objective and risk tolerance level.
Even the funds within the same category may have significant differences in risk exposure due to the difference in the investment holdings.
For example, the risk exposure in large-cap growth companies is definitely much lower than for penny stock funds.
·Past performance: Investors may look into the past performance trend of the fund to gauge its future performance.
However, do bear in mind that good past performance may not be repeated in the future and we should not be overly excited to see one year of good results if the fund is only newly established.
A good fund should be the one that has been consistently out-performing its peers, be it during good or bad times.
·Cost: Investors must be aware that when they buy or sell the funds, there are fees and expenses embedded in every transaction.
For example, the expense ratio of a small fund tends to be higher than a large fund while a regional or global fund usually will carry higher costs compared with a domestic fund.
·Fund management: The fund management is very important to ensure continuity and consistent performance.
If a fund changes management too frequently, it will be very difficult for us to gauge the performance of the fund as different managers will have different styles which may affect the performance of the fund.
For example, if the manager tends to have higher portfolio turnover, then the expense ratio of the fund may increase even though the nature of the fund holdings remains the same.
By having good understanding of the above factors, we may be able to make meaningful comparisons among funds that we are interested in to identify the ones that suit us most.
Ooi Kok Hwa is an investment adviser and managing partner of MRR Consulting.

Tuesday, December 15, 2009

Hopeless Silver

I bought Silver when the volume was very high. Since then the volume become no more significant. Like nobody interested in this stock. Like one day affair. Like this how to make money. Everyday keep on selling. My mistake is late to clear the share. Stuck in high price. Today my force selling day. So i pray hard so the price will be going up.

Yesterday, Lityan - force selling. Sold at 2.17
Today i cleared all at 1.21
Msport still not moving ..... have to wait at least to get even. Fed up already.

Next plan.... may be get out from stock market for a while.

Monday, December 14, 2009

Waiting to clear share

Today, my Lityan will be forced selling. Not much money to keep the share. Hope for rebound but seem no strenght to wake up. Volume also low. I think most of the investor stay in the sideline. I also want to say the side line until interest come back to our market.

Current shareholding

Lityan : 3000 shares
Msport : 15000 shares
Silver : 10000 shares . got caught and selling pressure going up; Volume low.

Watching:

Friday, December 11, 2009

Lacklustre Market

Today market looks directionless and not much support from investors. Not moving much.

I'm just watching in the sideline to clear my current shareholding but seem no volume.
Arhh.... when they will be moving from sleeping.

Watching : Affin

Thursday, December 10, 2009

Market Positive but no direction

Today market is position but no clear direction. Volume also looks small. No buying interest due to year end holiday.
I plan to clear my share but not yet done. No volume.
I need to keep it to clear slowly.

My current holding:

Msport : 10000
Silver : 10000
Lityan : 3000

Wednesday, December 9, 2009

Market down today

Today's market is not going well. All shares across the board are down. But lucky today i got some gain after taken fast action.


All transaction done today as below:


Tuesday, December 8, 2009

Update

Today, i'm already disposed Msport 20000 shares at 0.485 . still not moving.

Buy: 4500 shares Lityan : 2.23

Buy and sell

see the pic below



Plan to dispose MSport

Msport share still in consolidating mode. Not much interest in this stock. I'm planning to dispose this stock even thogh at loss at the moment due to T3 today. The other shares will be keeping to get some profit later. But i don't know how long. Price up and down like yo-yo.

Current shareholding:

MSport : 35000 shares.

Monday, December 7, 2009

S&P raises Malton to strong buy

MALTON BHD

Raised to strong buy, target price 50 sen: We raise Malton’s recommendation to strong buy (from buy) and lift our 12-month target price to 50 sen (from 49 sen).We arrive at our 12-month target price by applying a target price-to-net tangible asset (P/NTA) multiple of 0.4 times (unchanged) to Malton’s prospective FY10 NTA of RM1.25 per share. We continue to ascribe a target P/NTA multiple that remains within the valuation metrics of 0.4 times-1 times for small- and mid-cap property developers within our coverage.Our strong buy call reflects its improving earnings visibility over the next two years. This is backed by its unbilled property sales of RM400 million, stronger property development margins and the CONSTRUCTION
] start on some of its projects that will sustain its earnings growth. Furthermore, improved earnings have lowered its prospective FY10 and FY11 PERs to 6.3 times and 5.1 times (from 17.2 times and 16.7 times) respectively, which is attractive as they are at the lower end of the 5 times-11 times price earnings ratio range of small- to medium-sized construction and property developers within our coverage.Risks to our recommendation and target price include: (1) slower-than expected take-up rates for its future launches, which includes Phase Three of the Amaya Saujana development and its projects in Puchong, (2) profit margin compression due to higher building materials cost, and (3) failure of its construction division to secure more external contracts.Malton’s RM400 million in unbilled property sales from the Amaya Saujana (75% sold) and the VSQ corporate suites (65% sold) developments will continue to underpin property earnings over the next two years. We raise our FY10 and FY11 net profit estimates to RM19.4 million (from RM7.2 million) and RM24.1 million (from RM7.4 million) after imputing higher property sales on its ongoing projects.

— Standard & Poor’s, Dec 4This article appeared in The Edge Financial Daily, December 7, 2009.

Stupid decision

Today, i thought i gain some money, in the end i loss more money. Greedy, fear and emotion are more important in trading stock. I always fear, but then i gain but a little gain. I greedy but i loss more money. That why, greed and fear are important thing need to control

Transaction's today'

Sell Jerneh wa - i bought at 1.10 (4000 shares) and sell at 1.12. However, the price going up till 1.30. I make small gain because of the fear.

Buy Leweko at 10000 at 43.5 cent and sell at 44.5 ( price go up to 46.5) - fear
Buy back Leweko at 45 cent s(10000) and 43 cents (7000) but sell at loss at 38.5 cents due to selling pressure. At the end closed at 35.5 cents. Lucky enough not keeping the share (cut loss) but very painful.

Friday, December 4, 2009

Internet connection slows

I don't know why my internet connection today so slow especially after 3.30pm above. Stupi d our broadband. Because of that , my plan to sell my share cannot go through. At least i can make some if can go through but now losing money. Aiyah.. ini macam ada ka??

Today's buying

Jerneh wa at 1.10 (4000 shares) ... cannot clear at 1.12 (?? connection)

Share in hand:

MSport : 35000 (collection mode... hope tommorow will explode) waiting to sell only.

Market today always in red. Like yo-yo...

Plan to buy:

GPAcket
Jetson

Market down today

Our market not so good today. Mostly in the red position. Today, i'm not buying anything but trying to dispose my share because of T3. I don't know when my share will be going up. I need patient and handsomely be rewarded as i experience before.

My Current shareholding:

Msport : 25000 at cost 0.505 still consolidating. Hope it will wake up from sleep.

Wednesday, December 2, 2009

Luck always not on my side

Luck is written already in the book. For me, when i sell the share, its price will go up. When i keep the price keep going down. Most the time, i cannot control my emotion and make fast action either selling or buying. At the end, i loss the money more than making money. I need to sharpen my analytical skill and crowd psychology.

Today's transaction,

Sell KFima at .835 (bought .84cent) - but the price go up to 0.85. Loss money!!!!
Buy Lityan at 2.26 - busy today missed to sell at 2.29. Hope tommorow will go up.
MSport - still consolidating. Hope got buying interest tomorrow for me tosell.

Window Dressing May Keep KLCI Buoyant In Dec -OSK

[Dow Jones] December a good month to invest in Malaysia stocks as KLCI has added 3.96% on average 85% of the time during the last month of the calendar year, says OSK. Statistics reaffirm long-held belief of window dressing at year end. "A similar gain this December would take the KLCI to the 1308.97, in line with our view of a 1345 fair value for the index in 2010," OSK says in report. Among top buys, likes CIMB (1023.KU); target MYR14.90, Tenaga Nasional (5347.KU); target MYR9.38, Axiata (6888.KU); target MYR3.68, Mudajaya (5085.KU); target MYR6.15 and Supermax (7106.KU); target MYR5.30. Part of the optimism stems from potential return of foreign investment funds back into Malaysia, OSK adds. KLCI last +0.5% at 1264.85.

Window Dressing May Keep KLCI Buoyant In Dec -OSK


[Dow Jones] December a good month to invest in Malaysia stocks as KLCI has added 3.96% on average 85% of the time during the last month of the calendar year, says OSK. Statistics reaffirm long-held belief of window dressing at year end. "A similar gain this December would take the KLCI to the 1308.97, in line with our view of a 1345 fair value for the index in 2010," OSK says in report. Among top buys, likes CIMB (1023.KU); target MYR14.90, Tenaga Nasional (5347.KU); target MYR9.38, Axiata (6888.KU); target MYR3.68, Mudajaya (5085.KU); target MYR6.15 and Supermax (7106.KU); target MYR5.30. Part of the optimism stems from potential return of foreign investment funds back into Malaysia, OSK adds. KLCI last +0.5% at 1264.85.

Tuesday, December 1, 2009

KLSE Green

Since DJIA closed last night in positive, so our market also turn green today. Current market is still volatile and uncertain. Our KLSE just technical rebound only. So, pprofit taking set in when the price going up. My hope the bulls still has upper hand compared to the bears.

Current transaction,

Sold EPMB at 0.555 (10000 shares) and 56.5 sen (5000shares)
KFima - still not moving. Keep it first.
Buy MSPort at 51.0cent (5000) and 50.5 cent (5000) - look bottom and some buying interest for this stock.
Lityan - like yo-yo (still consolidating even other WIMAX counter moving)

GPacket - sad i misssed the boat. Forget it.

Monday, November 30, 2009

Market Correction

Today, our KLSE down 11points due to Dubai Finacial Crises. However, selling well absorbed. Maybe, market will be positive tomorrow after other market showing no impact from Dubai problem. Luckily, i don't hold so many portfolio in KLSE. So not much impact my position.

Current share holding
Lityan - 1200 share ( will sell if the price closed above 2.35)
EPMB - 5000 shares (will keep)

New buying today

KFima 10000 at 0.84 cent
EPMB 5000 at 0.43 cent 5000 at 0.425 ( look bottom, wait for rebound). Average down my EPMB
Ingress buy 10000 at 66cent but sell at 67 cent ( for quick gain)

Pray hard tommorrow will be positive.

Thursday, November 26, 2009

Lityan rebound

Today, market looks positive. I have cleared all my Etitech and some Lityan. Hope Lityan can close above 2.35.

Wednesday, November 25, 2009

Eyeing to buy GPacket

Gpacket under selling pressure for the past few days but since last 2-3 days, it price look consolidating. I plan to buy some of Gpacket for technical rebound later. However, all the indicator still in bearish mode. Maybe i need to wait another 1-2 days before buying or can buy slowly.

Buy etitech


I just buy and sell Etitech today.
When I busy, the price going up to 0.55 cent. So plan to clear at that price but then the price come down again to .525. I have already clear some at .53. Waiting to clear some 0.535. At least get even or make some profit.




See how the price action.
Plan to buy back Lityan. See get it or not. Cleared the balance at 2.35. Price very volatile.

Update : done just now. If the price still down i will buy some more. He....he.....

Investing Strategies

So far my investing strategies still not verry successful. I hope i can learn and sharpened my investing skill. At the moment, my return is still negative. When the market going down, then all the gain before put back to the market.

Planning

1. To clear Lityan - wish can rebound today. Can reduce the loss
2. EPMB - to cut loss at 0.47 today. Hope will rebound. I should clear yesterday.

Watch list:

1. Ramuania
2. Etitech
3. Msport
4. Ingress

Tuesday, November 24, 2009

Etitech moving

Etitech moving today.Unfortunately, i already sold my share. Aiya, what a loss. As i mentioned before, when sold the share, then it will going up and otherwise.

Current holding

Lityan ; 4100 at 2.39 now down to 2.35. Late to clear today
Ingress : lucky can clear when the price going up to .735
EPMB moving but still at loss. Keep first.

Plan to clear Lityan tommorow and going on leave. No need to think about market for this week.

Etitech moving

Etitech moving today.Unfortunately, i already sold my share. Aiya, what a loss.

Monday, November 23, 2009

How improve investing technique

How to improve our skills in investing. That's not an easy task for everybody. As we have listened before, buy low, sell high or buy high, sell higher. Every body want to make money in investing, so they learn the same technique. At the end, for sure there are somebody who get burn and somebody laughing all the way to bank. The important is how to be a smarter investor and get positive return. There is no easy to make money, you must read, learn and practised what you have learned. Learning, learning , learning.......market always changing like the weather, unpredictable and sometimes must follow the forecast.

Today's transaction

Sell Etitech : 15000 at .78 (at loss) - still not moving
Buy Ingress : 13000 at .71 but the price come down to 0.695
Sell Lityan 2000 at 2.54 but buy back at 2.49 - waiting for rebound
EPMB - under sellling pressure (still keep it)
Muhibbah - down below 1.10 level
sell at 1.09 level (loss a lot) - expensive learning

I'm going on leave

I will be on leave from 25 Nov onward. So, no time to monitor the market. So, i hope i can clear my share holding this 2-3 days time. Currently, our market in the correction mode phase. I hope DJIA also not plunged very badly.

My total return of investment going down to zero after a profit about 10% for one month. Aiseh man, that why I don't like investing if no capital. Main criteria to success in investing is capital. People put half money in the form of share and keep it half in cash. So, any price come down wecan buy back to average down and sell slowly when going up. At the end, we not loss so much. At least, we can get back our capital to invest in another potential stock.

My current holding

Lityan : 4200 at 2.42
Muhibbah : 5000 at 1.21 (hopeless) - buy and hold but price keep going down
Etitech - 15000 at .475 - bottom (less risky) potential to go up

Watching:
E&O
Ingress
KNM
Adventa

Friday, November 20, 2009

My Trading Style

At the moment, i like a daytrader. In and out, in and out many times in a day. I like the buy and hold style because in the long term, for sure you can make money. Unless you invest in very bad company that will be "bungkus". But buy and hold need more patient and the capital will be stuck in the market unless u have enough liquidity. At the moment, i still prefer go and cabut style. More thrill and more emotional involved. Beware, u can loss alot of money.
If u go the good counter, u can make alot of money

To Collect or To Let Go

That's the difficult question to answer. To collect, the price going down again so have incurred massive loss. To let go, if the price up then you feel sad why i sell earlier. So the best thing to make the correct decision based what you have read, understand and also the current economy situation.

Today's transaction,

Sell Lityan at 2.49 but to coillect again at 2.42
Sell half Zelan at 85.5 cent, keeping another half for rebound
Buy Etitech (15000) - price stable , accumulation.
Planning to let go Muhibbah - hopeless shares. Keep going down.

Salcon - moving but not collecting
E&O - collect when below 1.10 level

Thursday, November 19, 2009

KLSE Bloody red

Latest :

All my shares in negative position. Cut loss or keep it for rebound. I think correction is coming depend on performance of DJIA. Maybe, i need to cut and collect later when the price is very cheap.

Shares in hand:

1. Muhibah - downtrend and plan to cut loss if the price is right
2. EPMB - hold
3. Zelan - wait for rebound for quick gain
4. Lityan - just collect 2000 shares at 2.60 today and close at 2.45, wait for rebound to cut loss, very speculative
5. Msport - all cleared at loss today.

Shares to collect :

1 . E&O at 1.00 level
2. Etitech - shown some interest and bottom confirmed
3. Salcon - still maintained in ascending triangle ( very bullish formation)

Maxis Listing

Shares of Malaysia’s biggest mobile phone operator Maxis Bhd jumped on the company’s trading debut on Thursday, reflecting pent-up demand for the stock from local institutions squeezed out of its IPO allocations. The shares opened at 5.46 ringgit a share, 9.2 per cent above its IPO price of 5.00 ringgit ($1.49). It traded 50 million shares by 0102 GMT. Maxis priced its stock at 5.00 ringgit a share for institutional investors and 4.75 ringgit each for retailers, at the mid-to-lower end of the indicative range. The IPO, Southeast Asia’s largest ever, raised $3.3 billion. -- REUTERS

My Shares:

MSport due today - clear some at 51.5cent
waiting to clear another half

Other stocks - not active, must be patient
Plan to clear all

11.53am
MSport : all cleared at loss.
Others still struggling.

Wednesday, November 18, 2009

Bad day

Today's transaction

Cut loss E&O at 1.08

Bought : KFima 5000 X 5 lot at 0.86 cent but Sell at loss 0.845
As i said before : when i sell then the price going up at 0.90 around 4.30pm.
What to do no pain no gain. Learn how to cut loss.

Try to buy Lityan at 2.60 for 2000 shares but queue to sell at 2.65 not donne.
Price going down to 2.56 level. I will buy some more if the price going down. Speculative stock.

Also bought Zelan 6500 shares at 89.5 cent. But the pprice like yo-yo. Hope tomorrow will up.

Muhibbah still stuck in the 1.15 level. No interest form market. I will sell if the price come back to 1.18 at loss. My principle is don't keep non performing stock.

No profit today. Loss a lot. Total loss : RM 369.05

MSport still in selling pressure. Stuck at 0.51 level. Will keep until rebound.

E&O due today


Expect some selling pressure for E&O. Broken below RM1.05 will going to 0.99 level. I will cut loss today if price going down below 1.05 or up till 1.08. Because E&O is my T+3 today. So, i can increase my capital for the next bargain hunting if a lot selling. "Catching the falling knife"

Tuesday, November 17, 2009

Profit taking in KLSE

Klse is under profit taking. All my shares are down. Hope, tommorow will get even or cut loss a bit. See the situation. Must control the emotion and fear. But what I afraid is when i sell the share, it's going up but when i'm keeping the share it's going down. That's dillema. So, my decision is to keep till T+3.
Bye

My current Portfolio:

Muhibbah : 5000 ( not moving )
E&O : 8000 ( selling pressure today)
MSPORT : 15000 ( hold)
Zelan : 3500 (buy today)
EPMB : 5000 (buy today)