Market looks positive today after DJI also closed in positive. My Jetson still not moving but most my old stock slightly increasing price everyday. Still not much convincing.
I'm not buying today. My wound needs sometime to heal. Badly wounded after bitten by big croc. Ha..ha..Lucky still alive. We will fight back later. Thinking the new strategy to win this game.
Looking to clear Jetson. Please...buy??
Thursday, May 26, 2011
Wednesday, May 25, 2011
Trading for 25/5/11
Today, market looks bearish. No mood to trade today. Mclean starts to move a bit. Maybe, some body accumulating. I have sold my holding.
Jetson - still not moving. Planning to clear it.
All my old stock look like retracing back.
Jetson - still not moving. Planning to clear it.
All my old stock look like retracing back.
Tuesday, May 24, 2011
Trading for 24/5/11
I need to learn trading psychology. Not for the other people but for myself. How to handle my emotion when you in trouble like losing in stock market? How about my mental strenght? All need to be analysed.
Today, i have cleared all my shareholding in Mclean because it make me A-no-clean...Always get me dirty with shit..
Boilerm - moving or just bull trap.
Jetson - sleeping....
Today, i have cleared all my shareholding in Mclean because it make me A-no-clean...Always get me dirty with shit..
Boilerm - moving or just bull trap.
Jetson - sleeping....
Monday, May 23, 2011
Analysis 23/5/11
Market shows selling pressure today.
Mclean - also down to 35.5 now. What la?? I'm thinking to clear all. Don't know how much low it want to go. No base in sight.
Jetson - down to 1.27. No support. Wait first before clearing.
Thinking... get out from KLSE.
Mclean - also down to 35.5 now. What la?? I'm thinking to clear all. Don't know how much low it want to go. No base in sight.
Jetson - down to 1.27. No support. Wait first before clearing.
Thinking... get out from KLSE.
Friday, May 20, 2011
Trading for 20/5/11
Haiyo, everyday my stock keep going down. Like this, gulung tikar la... Ha..ha... Who ask you to jump to the river with the croc?? Myself. No one to be blame.
Today, force selling for Jetson. Lucky only 4000shares only. But still losing. Buy at 1.305 but sell at 1.29. Cry?? No interest in the stock from smart money??
Mclean -- another hopeless stock in hand... Clear at 39.5 cent. Buy back at 37.5 cent.
See tomorrow. ??Maybe another selling day.
Today, force selling for Jetson. Lucky only 4000shares only. But still losing. Buy at 1.305 but sell at 1.29. Cry?? No interest in the stock from smart money??
Mclean -- another hopeless stock in hand... Clear at 39.5 cent. Buy back at 37.5 cent.
See tomorrow. ??Maybe another selling day.
Thursday, May 19, 2011
Watch Stock - Amedia
Amedia looks recover from selling down and iching up day by day. The lowest price is 21.5 cent and now at 26 cent (up about 20% low). Good to accumulate for futher up. Immediate target will be at 26 to 27 cent and next target will be at 29 and 30 cents.
The Edge : Stock to watch today
KUALA LUMPUR: Stocks which could see trading interest on Thursday, May 19 include TSH Resources Bhd, Tan Chong Motor Holdings Bhd, Encorp Bhd and JCY International Bhd.
Investors could also be cautious after the country’s economy grew at a slow pace of 4.6% in the first quarter of 2011 compared with the 4.8% in the fourth quarter of 2010.
Investors’ concerns would also be the rising inflationary pressure, with the April Consumer Price Index (CPI) up 3.2% from a year ago and rising by 0.2% from March on higher food prices and non-alcoholic beverages. MIDF Research said the 1Q2011 real GDP growth of 4.6% on-year was marginally higher than its forecast of 4.5% but below consensus of 4.8%.
“Going forward, we expect the economic momentum to gain,” it said. The growth would be underpinned by continuous support from domestic demand primarily private consumption on the back of favourable labor market conditions, positive consumer sentiments and continued income growth; pick-up in private investment with the implementation of ETP, 10MP and high capacity utilisation; continued positive impetus from exports; and low base comparison in 2H2011.
As for the corporate results, TSH reported its 1Q2011 earnings surged 105% to RM23.95 million from RM11.26 million a year ago boosted by its Indonesian palm oil operation where fresh fruit bunches (FFB) production grew by 48%.
Revenue rose 5.04% to RM252.59 million from RM240.47 million while earnings per share were 5.84 sen compared with 2.75 sen.
Auto player Tan Chong Motor Holdings Bhd’s net profit rose 14.5% to RM74.08 million in the first quarter ended March 31, 2011 from RM64.67 million a year ago, boosted by the sale of its Nissan Teana.
Revenue increased by 29.8% to a record high of RM1.13 billion from RM870.36 million. Earnings per share were 11.35 sen from 9.91 sen a year ago.
Property-based Encorp Bhd swung into the red in the first quarter ended March 31, 2011 with net losses of RM378,000 compared with net profit of RM246,000 a year ago.
The losses were despite a 33% increase in revenue to RM63.35 million from RM47.63 million. Loss per share was 0.17 sen compared with earnings per share of 0.12 sen.
Dutch Lady Milk Industries Bhd’s net profit for the first quarter ended March 31, 2011 rose 36.2% to RM28.34 million from RM20.81 million a year earlier, due mainly to higher sales, favourable sales mix and cheaper carry-over stocks.
Revenue for the quarter rose to RM196.64 million from RM170.45 million in 2010. Earnings per share were 44.28 sen while net assets per share was RM3.53.
It declared a special gross interim dividend of 30 sen per share in respect of the financial year ending Dec 31, 2011 to be paid on July 1.
Hard disk drive manufacturer JCY International Bhd’s net profit for the second quarter ended March 31, 2011 slumped 81% to RM12.46 million from RM65.88 million a year ago.
The decline in earnings were due mainly to increase in the cost of production resulting from increase in the cost of raw materials like aluminium and stainless steel and also increase in labour cost.
JCY’s revenue for the quarter fell 27.7% to RM397.43 million from RM549.69 million. Earnings per share were 0.61 sen while net assets per share was 43.08 sen.
For the six months ended March 31, JCY’s net profit tumbled to RM19.97 million from RM143.36 million, while revenue fell to RM836.34 million from RM1.08 billion in 2010.
Investors could also be cautious after the country’s economy grew at a slow pace of 4.6% in the first quarter of 2011 compared with the 4.8% in the fourth quarter of 2010.
Investors’ concerns would also be the rising inflationary pressure, with the April Consumer Price Index (CPI) up 3.2% from a year ago and rising by 0.2% from March on higher food prices and non-alcoholic beverages. MIDF Research said the 1Q2011 real GDP growth of 4.6% on-year was marginally higher than its forecast of 4.5% but below consensus of 4.8%.
“Going forward, we expect the economic momentum to gain,” it said. The growth would be underpinned by continuous support from domestic demand primarily private consumption on the back of favourable labor market conditions, positive consumer sentiments and continued income growth; pick-up in private investment with the implementation of ETP, 10MP and high capacity utilisation; continued positive impetus from exports; and low base comparison in 2H2011.
As for the corporate results, TSH reported its 1Q2011 earnings surged 105% to RM23.95 million from RM11.26 million a year ago boosted by its Indonesian palm oil operation where fresh fruit bunches (FFB) production grew by 48%.
Revenue rose 5.04% to RM252.59 million from RM240.47 million while earnings per share were 5.84 sen compared with 2.75 sen.
Auto player Tan Chong Motor Holdings Bhd’s net profit rose 14.5% to RM74.08 million in the first quarter ended March 31, 2011 from RM64.67 million a year ago, boosted by the sale of its Nissan Teana.
Revenue increased by 29.8% to a record high of RM1.13 billion from RM870.36 million. Earnings per share were 11.35 sen from 9.91 sen a year ago.
Property-based Encorp Bhd swung into the red in the first quarter ended March 31, 2011 with net losses of RM378,000 compared with net profit of RM246,000 a year ago.
The losses were despite a 33% increase in revenue to RM63.35 million from RM47.63 million. Loss per share was 0.17 sen compared with earnings per share of 0.12 sen.
Dutch Lady Milk Industries Bhd’s net profit for the first quarter ended March 31, 2011 rose 36.2% to RM28.34 million from RM20.81 million a year earlier, due mainly to higher sales, favourable sales mix and cheaper carry-over stocks.
Revenue for the quarter rose to RM196.64 million from RM170.45 million in 2010. Earnings per share were 44.28 sen while net assets per share was RM3.53.
It declared a special gross interim dividend of 30 sen per share in respect of the financial year ending Dec 31, 2011 to be paid on July 1.
Hard disk drive manufacturer JCY International Bhd’s net profit for the second quarter ended March 31, 2011 slumped 81% to RM12.46 million from RM65.88 million a year ago.
The decline in earnings were due mainly to increase in the cost of production resulting from increase in the cost of raw materials like aluminium and stainless steel and also increase in labour cost.
JCY’s revenue for the quarter fell 27.7% to RM397.43 million from RM549.69 million. Earnings per share were 0.61 sen while net assets per share was 43.08 sen.
For the six months ended March 31, JCY’s net profit tumbled to RM19.97 million from RM143.36 million, while revenue fell to RM836.34 million from RM1.08 billion in 2010.
Wednesday, May 18, 2011
Mclean
Last Monday, i have to force sell Mclean at average 42 cent. There is a write up about Mclean in Malaysian Finance blog. I have some share in Mclean. hope it will rebound today. I also have Jetson in my shareholding.
Please read the write up below:
Mclean -The worst IPO in recent times, any reason, maybe because its Kenanga led? Either the promoters / owners were really naive or really smart. Its not a terribly high paid up, plus the shares DID NOT even went for any kind of goreng activity, there was like no one "taking care" of the counter. Judging from the stupid volume, everybody who got the private and public placements sold. There was no support from anyone.
Why I said naive ... the whole setup, if properly managed would have seen sustained demand and the shares could have held up well above 70 sen. Why I said they could be really smart ... they could be really smart if they anticipated sufficient buying for the first two days which would allow all shares to be out, by last Monday which was T+4, that should flush almost all traders and punters.
If they were really smart, they could keep buying all the way down from 50 sen to 41 sen but not in big lots as to push the share price up. You cannot sell all 100% of the shares (moratorium), the paid up is really pretty small and the free flot is not big at all.
Malaysian Public 2,700,000 (1)
Private Placement 8,600,000 (2)
Business Associates 4,100,000 (3)
Private Placement 11,050,000 (4)
We are talking of a free float of just below 26.5m shares swishing around. At 41 sen, thats not even RM11m in value. Which for me, is a ripe scenario for me to favour the "some very smart but severe buggers" working this counter. If you did not already lose money on this counter, for a pure trading play, I would favour a bullish bet by going long now.
Source: http://malaysiafinance.blogspot.com/
Please read the write up below:
Mclean -The worst IPO in recent times, any reason, maybe because its Kenanga led? Either the promoters / owners were really naive or really smart. Its not a terribly high paid up, plus the shares DID NOT even went for any kind of goreng activity, there was like no one "taking care" of the counter. Judging from the stupid volume, everybody who got the private and public placements sold. There was no support from anyone.
Why I said naive ... the whole setup, if properly managed would have seen sustained demand and the shares could have held up well above 70 sen. Why I said they could be really smart ... they could be really smart if they anticipated sufficient buying for the first two days which would allow all shares to be out, by last Monday which was T+4, that should flush almost all traders and punters.
If they were really smart, they could keep buying all the way down from 50 sen to 41 sen but not in big lots as to push the share price up. You cannot sell all 100% of the shares (moratorium), the paid up is really pretty small and the free flot is not big at all.
Malaysian Public 2,700,000 (1)
Private Placement 8,600,000 (2)
Business Associates 4,100,000 (3)
Private Placement 11,050,000 (4)
We are talking of a free float of just below 26.5m shares swishing around. At 41 sen, thats not even RM11m in value. Which for me, is a ripe scenario for me to favour the "some very smart but severe buggers" working this counter. If you did not already lose money on this counter, for a pure trading play, I would favour a bullish bet by going long now.
Source: http://malaysiafinance.blogspot.com/
Thursday, May 12, 2011
Trading for 12/5/11
I have all cleared my shareholding. At the moment,i have only new shares that i bought few days ago. I feel the market looks not so good. The share that i have go down lower and lower everyday. it's better to protect my capital. But sometimes what i think is not what will happen. When you cut loss, suddenly the price going up. What to do???
Jetson - 8000 shares at 1.32
Mclean - another IPO share...not as expected. Making losses every day. Today buy 10000 shares at 49 cent. Going up to 50.5. So many supplies coming. Still i'm studying the psychology of new IPO.
Jetson - 8000 shares at 1.32
Mclean - another IPO share...not as expected. Making losses every day. Today buy 10000 shares at 49 cent. Going up to 50.5. So many supplies coming. Still i'm studying the psychology of new IPO.
Tuesday, May 10, 2011
Analysis for 10/05/2011
Amedia - force selling 50000 at 22.0 cent.
PJI - clear at 20.5. The ut goes up to 22 cent. Unlucky again.
IPO ( Mclean) - unlucky. Buy at average 60 cent but closed at 53.5. See tomorrow. Another selling day??
DRB CE - manage to catch at 16 cent (30000). Closed at 17.5 cents.
Unisem - clear all at 1.59. Still selling pressure going on.
CMSB - clear balance of CMSB at 2.15 cent. Will invest the money in other counter. Today a bit rebounded.
PJI - clear at 20.5. The ut goes up to 22 cent. Unlucky again.
IPO ( Mclean) - unlucky. Buy at average 60 cent but closed at 53.5. See tomorrow. Another selling day??
DRB CE - manage to catch at 16 cent (30000). Closed at 17.5 cents.
Unisem - clear all at 1.59. Still selling pressure going on.
CMSB - clear balance of CMSB at 2.15 cent. Will invest the money in other counter. Today a bit rebounded.
Monday, May 9, 2011
Tradign for 9/5/11
Market up today. But majority of the
How about my stock?? Very bad...
CMSB - keep coming down. Next support level will be at 2.06.
Jetson - Look something is coming. Will pushed up further this afternoon. Sell ??
Amedia - no force to pushed up. Consolidating at the moment.
Unisem - pushed down at 1.63. Can collect more.
Boilerm - wahhh... lucky clear last week. If not, i'm crying without tears. All dried up already.
PJI - stagnant. Manage to clear 50000 shares at 20.5. Another 20000 waiting to clear.
How about my stock?? Very bad...
CMSB - keep coming down. Next support level will be at 2.06.
Jetson - Look something is coming. Will pushed up further this afternoon. Sell ??
Amedia - no force to pushed up. Consolidating at the moment.
Unisem - pushed down at 1.63. Can collect more.
Boilerm - wahhh... lucky clear last week. If not, i'm crying without tears. All dried up already.
PJI - stagnant. Manage to clear 50000 shares at 20.5. Another 20000 waiting to clear.
Saturday, May 7, 2011
Analysis trading 6/5/2011
Market is still bearish mode. if you not smart enough, this is the time you stay in the sideline. But the challenge is not there if you participate in this kind of market activity. You have to be Fast and Furious. Fast means fast buy and sell. Furious means buy aggressively any battered stock( not the lousy one lah).
My trading as below
Buy PJI. 50000 shares at 20 cents. Look somebody aggressively accumulate the stock. See next week.
Buy Amedia 100000 shares at 23 cents. Sold some old stock at 23.5 cents(50000shares).
Buy new IPO shares : Boilerm.
Buy Jetson 10000 shares at 1.22.
Sold Unisem at 1.67 and 1.68. Buy back at 1.64 and 1.65.
My trading as below
Buy PJI. 50000 shares at 20 cents. Look somebody aggressively accumulate the stock. See next week.
Buy Amedia 100000 shares at 23 cents. Sold some old stock at 23.5 cents(50000shares).
Buy new IPO shares : Boilerm.
Buy Jetson 10000 shares at 1.22.
Sold Unisem at 1.67 and 1.68. Buy back at 1.64 and 1.65.
Thursday, May 5, 2011
Trading for 5/5/2011
Market shows some bargain hunting esp in the lower liner. Overalla market still in bearish mode.
My transaction today
Amedia - clear all shares that i bought yesterday and few days ago. Still in the loss.
Leweko - clear all 10000 share at 20cent. Loss!!
Buying 10000 shares Unisem at 1.71. Almost reached old support level. Selling pressure become lesser. Keep.
My transaction today
Amedia - clear all shares that i bought yesterday and few days ago. Still in the loss.
Leweko - clear all 10000 share at 20cent. Loss!!
Buying 10000 shares Unisem at 1.71. Almost reached old support level. Selling pressure become lesser. Keep.
Wednesday, May 4, 2011
Trading for 4/5/2011
Market still in selling mode. Very risky to buy at this moment. But if you like do contrarian, this is the time to accumulate the stock. The problem is we don't know how long the market will be in bearish situation. The best solution , buy and keep for the good fundamental stock. The lousy one, just sell it.
Amedia - sell all at 24.5. Keep losing everyday. Cannot tahan. Loss!!
Leweko - up and down. Also cannot tahan. Wait!
PJI - sell all at 18.5. Cost price.
Iris - sell all at 18.5. Loss!!
Harbour - still keep it. To sell when the price up.
CMSB - keep it till make profit. How long?? God only knows.
No more buying........
Might need to change strategy. Easy to make money when market is bullish, it's also easy to lose money in beaerish market. The smart one still can make money in bearish market...That's how we need to learn. Where to learn?? Go and find out.
Amedia - sell all at 24.5. Keep losing everyday. Cannot tahan. Loss!!
Leweko - up and down. Also cannot tahan. Wait!
PJI - sell all at 18.5. Cost price.
Iris - sell all at 18.5. Loss!!
Harbour - still keep it. To sell when the price up.
CMSB - keep it till make profit. How long?? God only knows.
No more buying........
Might need to change strategy. Easy to make money when market is bullish, it's also easy to lose money in beaerish market. The smart one still can make money in bearish market...That's how we need to learn. Where to learn?? Go and find out.
Tuesday, May 3, 2011
Analysis 3/5/2011
No buying for today. The market looks bad with some selling pressure. My penny stock badly bruised due to hitting hard by bear. My planning is to clear into strenght. I'm accumulating almost 6K losses. What la!!! Why so difficult to make money? Need learn more and must remember rule no 1...Don't let your money gone.
CMSB - down to 2.23
Jetson - up. Again clear too early with losses.
PJI - clear 50000 shares at 18.5 cent. Loss.
DRB CE - clear with loss. No more holding.
Leweko - down to 21 cent
Iris - down to 18cent
Amedia - down 3 cent to 25.5 cent
CMSB - down to 2.23
Jetson - up. Again clear too early with losses.
PJI - clear 50000 shares at 18.5 cent. Loss.
DRB CE - clear with loss. No more holding.
Leweko - down to 21 cent
Iris - down to 18cent
Amedia - down 3 cent to 25.5 cent
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