Trading for 29/4/11

To make money in share market is not easy. Sometimes our gain for one month can be wipe out just within one day. That's why it is very important to know managing risk especially cut loss. When we make money, vwry easy we sell the stock. When we loss, we afraid to cut loss because we thinking the price going up again. Thatis not we think in share market. Only the smart will survive and the others will be swallowed by croc and left with skeleton only. This thing happen to anybody who invest in share market. Too expensive learning exprience


my shareholding

1. Cmsb
2: iris
3. Drb ce
4. Amedia
5. Jetson

Trading for 27/4/11

DJIA closed higher. KLSE also closed higher yesterday but the majority stocks are in the selling mode. Profit taking or correction?? Today, another day to fight on whether selling or buying.

My holding:

CMSB - got 5000 extra. Force sell today. Bought at 2.31. Closed 2.25 yesterday. Pray for rebound today.

Amedia - hope will rebound soon. Too much supply yesterday. To clear at 30 to 31 cent.

Leweko - Price may go down to 21 cent if not recover today. Can buy back more at 21 cent.

PJI - high selling yesterday. Bought at 19 cent. Maybe it will move up today to recover some losses yesterday.

DRB CE - Depend on the mother. If recover, then DRB CE also recover. If not, another sellling day. Cut loss....Bought at 23.0. Horizontal support became resistance level.

Update 27/4/2011

KLSE closes in positive but overall market show selling down especially to penny stock.

My Position

Amedia - force selling day for me. Price going up to 32 cent but it cannot sustained. Still there is huge supply. Again, too late to clear. Queue at 31.5 not done. Force selling at 30.5 and 29 cents.
Buy back for rebound tomorrow. 50000 shares at 29 cents.

PJI - same like Amedia. Cannot sustained the uptrend. The selling force has some power to wipe out ealier gain. Up till 21 cent then closed at 18.5 cents. Buy back 50000 shares at 19 cent.

Leweko - also has some sellling pressure. Closed at 22 cent. Tomorrow another force selling day... Cry!!!!

DRB CE - buy 20000 at 23 but closed at 22...

YTL land - clear at 1.85 .

CMSB - flat. Got support...

Buy JETSON - 5000shares at 1.31.But closed at 1.29..Kuang!!!Kuang !! Kuang!!

Analysis 26/4/11

Yesterday, the market closed in positive. Today, will be a positive day since the DJIA also closed more than 100 points.

Transaction for yesterday

Buy PJI 80000 at 18.5cent - sold at 19 cent.

Buy YTL 6000 sharess at 1.68 - sold at 1.66. Late to buy back at 1.62So, loss a bit.

Sold POS at 3.26- not very convincing to recover yet. See how the performance today. Maybe i buy POS CB today. Slowly accumulate.

Buy DRB CE 60000 at 23 cent. Closed at 23.5 yesterday.

Leweko 30000 - T &3 yesterday. Force sell today.

Amedia 90000 - T & 3 yesterday. Force sell today. Hope the price will go up today. Look like some accumulation since yesterday.

SHAREHOLDING

CMSB - flat. Not much activity. Keep as looong as possible.

Amedia -

Leweko -

YTL Land - 5000 shares at 1.82

Eye on Stock

MEGB - The price down from 2.47 to 2.08 (50% FB). Indicators still in negative biased. Good to accumulate at this level. Unless the price close below 2.08( cut loss)





E&O - formed uptrend channel. Can buy more if the price breakout above 1.37. Maybe it will take rest for few days before charging higher. Watch it!!!!

Analysis for 25/4/2011

Latest buying

Pos : 5000 shares at 2.24.

Amedia : 20000 shares at 0.305 cent


My Shareholding


Leweko : still not moving. Hope the timber stock will move tomorrow


PJI : sell all 40000 at 19 cent. Look like it will close higher tomorrow.

CMSB : flat

Ytl land : close flat.

Trading for 25/4/2011

Market looks positive today but profit taking still persist. Investor may be stay in sideline.

Iris - wah moving so high. Why the news came out after i clear it last Friday?? Frust!! Up to 24 cent. See how much that 1'm losing. Clear at 19 cent last Friday.

CMSB - as expected not moving much. Still in accumulation mode. When to explode???

E&O Wa - again sold too early today. It's going up to 29 cents. Sold at 26.5 cent. How much loss??? Again

PJI - buy 40000 at 18.5 cent.

Leweko - start to move. Will clear above 24 cent.

YTL land - sleeping today. Will clear if moving above 1.85.

Harbour - also flat today. Sleeping tooo lonnnng. Another share for force selling today.

Amedia - queue to buy at 30.5. Rebound soon...

Analysis 22/4/2011

Market closed in negative territory. Profit taking still going on. Mild correction. ACE dominated the market today. How about my shares???

1. CMSB





The longest shares that i hold in hand. Based on chart, the shares still in downtrend trend with slightly positive bias after BN won the election in Sarawak. Maybe, Taib Mahmud will be removed from CM, that's why the shares keep plunging. The trend will be reversed after piercing through downtrend channel.

Today, i have sold all at 2.34 and buy back at average 2.31. However the price closed lower at 2.28.

2. Iris - sold all at 19 cent.

3. PJI - sold all at 18.0.

4. WTK - sold all at 1.99( Balance from last buying 900 shares).Price will take rest before charging higher)

5. Unisem - again sell early. Price go up to 2.07(learn be patience)

6. Leweko - add 100000 at 24 cent. Hope it charge next week. Closed at 23 cent.

7. YTL Land - buy 5000 shares at 1.82. Closed at 1.85. Good...

8. Harbour - force sell today. Cleared 12100 at 98.5 cent. Loss. Still have some balance.

9. E&O warrant - buy 30000 shares at 25 cent.

10. Amedia - sell 57000 shares at average 33.5. Buy back 40000 at 31.5. Will sell all at 34 cent. Still have balance from yesterday buying (29200 shares)

Trading for 22/4/11

Market looks like no strenght. Profit ta king still going on. Maybe to push higher next week. Theme for today is ACE stock. All in positive. Maybe syndicate to push for easy money. Don't be eaten life by croc. Hee..he...be careful.

Trying to clear Iris. Also ACE but not moving. When???

Manage to clear AMEDIA at 33 and 33.5. Below cost price. What to do?? always trapped like this. But i will try to short today to cover.

CMSB - sleeping zzzzzzzzzzzzz

PJI - still sleeping

WTK - profit taking. Added if i have fund.

Unisem - to clear at 2.05

Leweko - rest today

Stock to watch

WTK - look look positive. Today up some more. Buy and keep.

Trading for 21/4/11

DJIA closed higher last night. The chance for KLCI also higher for opening in positive territory. So today, I will sell some of my shares and keep it some. Try to find any stock that can move higher.

Sahreholding:

Harbour : 46000
CMSB : 9000
Seal : 20000
Iris : 32600

See what happen today.

UPDATE 4.30PM

CMSB - still flat. Accumulating to push higher.

Harbour - not moving. Force sell today at 99.5 and 99 cent.
Still having half.

SEAL - strongly move. Again clear too early. If not, laughing all the way to bank... Sob...sob..

Buying:

AMEDIA : strongly moving up. Lucky not chasing. Buy at 33.5 and sell at 34.5. Try to buy lower but it move down even lower. Cut loss or wait till tomorrow???. Same old story. Lesson learn...No average down.

Tcubes ; buy some when pushed down. Swing trading. Lucky can get out with small profit.

Leweko ; buying some ( timber stock in play) . See tomorrow.

PJI : buy 60000 shares at 17.5 cent. Long time sleeping. Might be it will wake up tomorrow??? Wait and see.

Iris : still not clear at 19.5. Keep till clear at 19.5.


Mieco : buy some and clear fast. Swing trading...make small profit.

Unisem : buy 5K at 2.01. ?? IT theme.

Analysis 19/4/2011

This is my analysis for my holding stock and also new buying.

CMSB - pushed down again to 2.31. Plan to short at 2.37 but open lower.

Harbour - still not moving. Adding HARBOUR at average 0.9851 for 8900 shares and closed at 0.99 cent.

Iris - look somebody accumulating to push higher. Today my force sell day. Hope price will move today above 19 cent.To clear today either loss or profit.

E&O wa - sell at 0.28 cent. Buy at 26.5 cent. But it closed at 29.5 cent...Look so strong for moving higher. Unlucky??

E&O - buy 6000 shares at 1.28. Chart will challenge the resistance level at 1.37.

















update 500pm (20 /4/2011)

CMSB - flat. Not moving.

Mpay~ clear all at $0.285 (30000shares). Buy at 27.5cent

Harbour - start to move. High at $1.03. Then down to 1.00. Plan to clear tomorrow at $1.05. T+4 today.

Iris -force sell at buying price. Lucky price not going down lower. Still had some shares in hand. To clear at 19.5 cent.

Buying ALAM $1.13 today. Strong momentum. Unlucky to clear early. Closed 1.18. will be move higher cm.

Buying SEAL 20000 SHARES at 24.5. To clear at 26.

E&O - clear at 1.31 (30000 shares). Price go up 1.34.

Update 18/4/11

Market today look positive after winning Sarawak election. As expected the Sarawak shares are jumping today.

My CMSB also jumping but below my buy price. I think it will up again with immediate target at 2.50.

Harbour - slow moving

Iris - moving but still below cost price.

Analysis 15/4/11

Update at 2.30pm Our market still in selling mode but low volume. Maybe selling will be over. The magic will start after 4.30pm. To push up the market for Sarawak election. My CMSB ; today pushed up to 2.31. Maybe bottom already. Must show that Taib Mahmud crony must be good. Buy now before too late Nagamas : also pushed up today. Plan to clear all today. See how high it can go. Iris : stuck in 18.5 cent. No energy at the moment. Harbour : pushed down . Plan to add some more.

UPDATE 4.30PM
Nagamas : clear all at 77.0 cent and 77.5 cent. Today my T+3 for Nagamas.

Harbour : add 15000 shares at 1.00

CMSB : manage to sell at 3.31 and 3.30 and buy back at 3.28. Enough for chicken rice. I will keep it.

Iris: stuck at 18 cent. Maybe keep it.

Transaction for 14/4/11

Market down again today due to profit taking. So, yesterday just only for technical rebound.

Nagamas : 10000 at 72.5
Iris : 100000 at 18.5 cents
CMSB : still in selling mode.

WTK : selling mode today.
SEAL : selling mode today

So, overall market in selling mode. If you have money, go buy and keep. If you afraid of bear market, sell and stay at home.
Market always up and down. Win BIG loss small. Ok

Sale! Sale!

Is it just a correction or reversal??? Time will tell. At the moment, i have to take cautious stand in investing. Market looks no good at this moment. Not all people unhappy with this situation especially to contrarion investor who like to accumulate during weaknesses.So, what's your position?? Buying more or protect your capital?? It's difficult situation to small time investor. Experience in trading will give you some points to decide either to stay or opt out.

What about my shares?? Let analyse.

CMSB - still in downtrend. Ha..ha.. myself to blame for not discipline. Now, price down to 2.27.So looong investor to be even. No recovery insight.



WTK - also bad. Now closed at 1.78. Tooo late to cut loss Same thing myself to blame. Not discipline. Cut loss????

SEAL - also down. Now at 0.55. Is it good to average down ??? Time will tell.

IRIS - bear market will push the price lower. Maybe cut loss.

UPDATE 3.30PM

Its look like the market rebound today. See what happen tomorrow. Either real recovery or just one day affair. Just to fish small player to eat the bait then we stuck in fish


IRIS - clear at 19 cent. (loss)
WTK - clear at 1.84 (LOSS)
SEAL - clear all at 56.5 cent (LOSS)
CMSB - small rebound (? short)
Nagamas : i bought yesterday - recover. Not sell today. Keep it.

Buy 10000 Harbour : 1.04. Still in selling mode. Hope rebound tomorrow.

My personal experience, trading in high volality market need a lot of mental strenght to control the emotion.

Buy or Sell?

Today, the selling in KLSE will still going on. So i will shorting today. Hope my plan will success. All in paper loss. I don't plan to buy any shares today until the situation improved. Maybe short term correction. He..he..

In market, the principle of investing is WIN BIG, LOSS SMALL. You cannot win all the time. I think nobody will achieve that performance even with the expert.

Pray for the best today. Good luck..

Update 11.45AM

I clear all WTK today at 1.82 and 1.83. Then price shot up to 1.87. Always like this when i clear my shares. Then selling started and pushed down the price to 1.79. Buy back ???


I say i don't want to buy today but i broken my promise. I buy Nagamas 10000 shares at 0.765. Risk??? or Rewards???

Manage to clear SEAAL at 57.5 cent. Then the price down to 56.5 cent. Collect back. Risk????

CMSB - Flat ??? Opss..down some more...loss 4 cents.

Update 11/04/2011

Today, Grand Sale at KLSE. All in red. All my stock in red. Should be shorting today. But too late. Stock battered down. See what happening tomorrow with some hope for recover. Normally it will take 2 or 3 days to recover. Contra player will be the loser....

CMSB- closed at 2.32. (loss 14 cent = 6%)

IRIS - closed at 18.5 cent (loss 1 cent = 5%)

SEAL - closed at 56.5 cent (loss 5 cent = 6%)

WTK - closed at 1.83 (loss 12 cent = 6%)

Wah... all losing minimun 5 %.. Pray hard , tomorrow can recover.

Analysis 11/4/11

WTK - stock was pushed down to 1.95. Immediate support will be 1.90. Other indicators shoed negative bias. Cut loss is closed below 1.90.
Maybe, i cut loss today.






____________________________________________________________________





CMSB - still stuck in downtrend channel. No bottom yet. Unless can penetrate above uptrend channel.


_____________________________________________________________________




IRIS - my new stock. Wait and see. Accumulation.

Stocks to watch: Infra stocks, Mamee, autos, MAA

KUALA LUMPUR: Stocks could ride on the positive local news flow from the two-day Invest Malaysia conference starting Tuesday, April 12 while focus could also be on selected Sarawak-linked stocks in the run-up to the April 16 elections.

Analysts expect the government might offer a progress report and reaffirm its commitment to achieve the long-term goals under the Economic Transformation Programme.

They are expecting the government to announce more high-impact projects to generate economic activity. The sectors identified as key growth engines include oil & gas and services and among their favourites are KNM and Dayang Enterprise.Meanwhile, JP Morgan Asia Pacific Equity Research said Malaysia was under-owned and an oil price play. It said Malaysia was the only economy that is a net beneficiary of higher oil prices, as a net exporter of oil and oil seeds.

“In our view, the market should remain resilient as it is under-owned, with average allocations of emerging markets portfolio managers well below a MSCI neutral weight of 2.9%. We like the broader ETP theme which is gradually gaining traction, whose success will have a bearing on the upcoming general election, in our view,” it said.

Other analysts are expecting an update on the Greater Kuala Lumpur / Klang Valley catalyst, one of 12 National Key Economic Areas (NKEAs) under the ETP.

They said specifically, a progress report and timetable for the massive MRT project may be revealed. They CONSTRUCTION [] proxies are Gamuda and MMC while YTL Land is a MRT-related property play.

Shares of MAMEE-DOUBLE DECKER (M) BHD [] are expected to surge when they resume trading on Monday. Its major shareholders – who collectively hold 79.1% -- have proposed a selective capital repayment (SCR) of RM4.39 a share to the remaining shareholders under a corporate exercise to take it private.

At RM4.39, this was a premium of 79 sen or 21.94% above the last traded price of RM3.60 on Wednesday, April 6.

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) retained its top position in car sales in the first quarter ended March 31, 2011 (1Q2011) with 45,700 units and a market share of 29% -- underpinned by robust sales of the popular Myvi.

However, Perodua managing director Datuk Aminar Rashid Salleh said that “moving forward, the 2Q and 3Q will be challenging, as our operations are impacted by the earthquake and tsunami which hit Japan on March 11, 2011”.

The Edge weekly reports that while the full impact of the disaster on Malaysian auto assemblers is yet to be seen, it has amplified sector risks. Auto delivery could be affected from 3Q if component supply problems continue for a prolonged period.

Stocks related to the Melewar group could see extended trading activities through MAA Holdings has pulled back slightly after the recent week-long price surge.
Last Friday, April 8 shares of Melewar Industrial Group and MYCRON STEEL BHD [] surged to multi-year highs in active trade, riding on the recent price jump in MAA HOLDINGS BHD [].

Melewar rose 22.5 sen to RM1.13 with 35.5 million shares done, and Mycron was up 15 sen to 81 sen. MAA fell four sen to RM1.34 with 84.1 million shares traded.

MAA Holdings is the parent company of the MAA group of companies and is controlled by the Melewar Group. Khyra Legacy Bhd owns 38.86% of Melewar Industrial and 34.75% of MAA Holdings and 55.57% of Mycron.

MAA Holdings shares have surged from last Friday, April 1’s close of RM1.03 despite a denial earlier this week over the sale of a 70% stake in Malaysian Assurance Alliance Bhd (MAAB) to Zurich Insurance Co. Ltd for an estimated RM1.2 billion.

On Wednesday, MAA denied the sale but said discussions were still ongoing.

Source : Theedge

Update 8/4/11

PJI - start moving but very slow. To clear at 18.5cent. Balance to wait till next push.

WTK - pushed down today.

CMSB - look like price will be going up. Try to push up but the bear pushed down again. Maybe doji today. Keep it. Rebound soon.

SEAL : buy 8800 at 61.5 and sell at 62.5(Balance 800shares)

At 2.30PM

Manage to clear PJI - 100000shares at 18.5cent

IRIS : Buy 100000shares at 19.5 cent.

Steel stock moving. What stock to buy???

Update 5.00PM

Wahh...JETSON flying..Unlucky, plan to buy again but too late.

CMSB : closed up 2 cents at 2.46.

WTK: pushed down some more to 1.95...Cut loss or average???See next week..

PJI: all cleared

Iris : closed at 19.5 cents.

SEAL: closed lower. Stuck at 61.5 cents.


Theme today : Steel

Update 7/4/2011

WTK: I buy 11000 shares at 2.03 this morning. Now the price down to 1.99. See what happen tomorrow. Triangle formation.


JETSON ;

Cleared all at 1.33 (10k shares), 1.34(6K shares) and 1.35 (4.1K shares).

CMSB - moving lower (2.47). Pray hard for rebound tomorrow) All busy with Sarawak electon. No time to push the shares. Maybe the money use in election.

PJI - now at 17.5cent

I also buy HWGB 30K at 74.5 cent and sell at75 cent.

Analysis my share holding

CMSB:
I bought this share at 2.58(9000shares)and the price currently at 2.48( down 3.9%).

Chartwise, all indicator pointing downward biased and no sign of recovery at the moment. Look like bottom if the price can be maintained at this level for this few days. Wait and see..

















JETSON:

I bought 10000 shares at 1.35 few days ago and now the price down to 1.28(down 5.2%). Yesterday i added another 10000 shares at 1.28. Chatwise, 1.27 is immediate support. If broken,it can go down 1.17.










PJI - i have sold 10000 shares at 17cent. But i bought back 100000 shares at 17.5 cent. Closed at 18 cent yesterday. Its forming flag pattern. Hope breakout can happen today.


CHART OF THE DAY:


SEAL : nice chart formation. See and analysis the chart.



















WTK forming a triangle. Breakout will happen anytime soon.. Watch....

Analysis 5/4/2011

I'm totally out from Coastal yesterday with loss. Not counting yet I how much I have loss.

SEAL buy 50000 at 0.54 then sold at 55.5 cent. Manage to cut down the losses Then buy back 50000 at 0.54. Keep. Price close lower at 0.53cent.

Mistake learn
1. Don't chase fast moving stock
2. Don't buy much when the overall market down
3. If already buy, use hit and run. Don't wait till the price going down.
4. Sold first, then buy back at lowest that day. Sold when the price rebound( what I'm doing now) not necessarily you will make money. At least can cover of your losses.
5. Careful when buying high speculative stock

My holding:
Naim - down to 2.49
Jetson - down to 1.30
PJI - down 16.5 cent See what happen today. Maybe some cut loss today. Hope the market will recover some of the losses yesterday.


At 2.55pm I sold PJI 10000shares at 17.0cent. Very strong momentum seen. I buy back 100000share at 17.5cent. Clear SEAL at 53.5cent. Buy back at 52.0cent and clear at 53.3 cent. Jetson- down CMSB - flat ..i will top up cmsb if i have enough capital for rebound.See tomorrow to fly high....

Update 5.00pm

CMSB - down 1 cent ( 2.48 with low volume)
Jetson - down 1.28 ( buy today 10000 at 1.28)
PJI - closed 0.17cent ( buy 100000 at 0.175)

Whatever i buy all down and whatever i sold all up. Keep it - down, sell it - up. Sell early it's going up, hold it's going down..... Nasib???? Where is my luck ????

Again, same old style of investing

Today, my old style of investing come back again.. Make me losing money. He..he... I think my behaviour very hard to change when i see the screen of share price movement. Very tempting to buy everything.
At the end,you are not knowing what are buying.

I buy 7000 shares CoastaL - 2.64 BUT SELL AT 2.63.
then buying again 8000 shares at 2.65 BUT THEN SELL AGAIN 2.58
Stupid or not??? For sure stupid. The price going to 2.54 then going up again to 2.62 (at the moment).

SEAL

Buy 20000 - 68.5 cent (highest price today)
20000 - 68 cent
10000 - 67.5 cent

Will see, either i do thE stupid thing again or not.. Hah...hahh

PJI - down
Jetson - down
Naim - down

When market up, my share down.
When market down, for sure la my share down..

How to make money like this.... Risk and reward????

CMSB

I'm still keeping CMSB and selling looks taper down. So far, no any movement seen. I will keep till rebound. Price today still hovering around 2.53 and 2.54... Sarawak election is not in play at the moment. Should concentrate to oil and insurance counter.

PJI also not moving much today... accumulation to push higher...

I buy Jetson 10000 share today ( 1.35)...









at 2.20pm

Seeing the market today, 3 main themes played up today
1. Oil and Gas
2. Timber
3. IT

Sarawak ??? when...

At 5.00Pm


Haiya,all my shares are not moving. Klci up but my share down. Good write up at Peggy Blog today. Go and read.
See tomorrow.

Analysis 31/3/2011

CMSB-closed lower at-2.53. I'm still holding this stock in view of oversold and rebound imminent even though my cut loss already triggered. today still mainted at that level.

I bought PJI yesterday at 0.18(20000shares). No. profit...


2.45pm

CMSB still moving lower at 2.53 just now. Today is my T+3 for CMSB. Pick up or sell??? I think wait till next week.
How?? Cut loss..that always happen to everybody. When losing, it's so difficult to cut. When gain, so fast throw the shares. Moral of the story is gain small, loss big...Some people said its no discipline in trading. Ouch...

Plan to add PJI, queue at 17.5 cent.


EYE STOCK

Dayang -- chart look nice. Uptrend look intact.