Fight with Taikor, this is the result.

From Alex,

The latest move by Petroliam Nasional Bhd (Petronas) to procure its liquefied natural gas (LNG) tankers directly rather than from MISC Bhd would have very negative implication on MISC. This means that MISC's top-line & bottom-line will unlikely to grow or more likely to drop in the future. In addition, this in-your-face move that follows so shortly after the unsuccessful privatization attempt by Petronas would mean that Petronas may make another attempt at privatization in the near future. It would certainly like to see the share price moves lower so that its next offer, when it comes, will be well-received. This tantamount to shareholders' bullying- something which many did not expect from Petronas.

Under such circumstances, the only thing to do is to dispose of the stock and move on.


http://nexttrade.blogspot.com/2013/08/misc...buy-my-own.html

maybe not. this one is more long term play, been accumulating in past 2 months. mega projects on pipeline, that takes 3-5 years to build? i guess.

i bet it's the world market sentiment. now everyone joins in selling bonds.

no wonder, HK stocks price not moving.

GAB needs to wait for Ajib report on tax before buying...

22.

deleted.

This post has been edited by yok70: Aug 14 2013, 04:46 PM

one thing i learn in last 3 years: can't predict market.
when people predict gold will shoot up to the sky when Fed announced QEs, it didn't. In fact, it fell sharply.
when people predict severe inflation worldwide when Fed said non-stop QE, it only happened in few countries, even so it's under manageable condition, nothing serious. Commodities price still stay low, no flaming up like past QEs.
when people predict this round of highly uncertain GE result will kill the market sharply, it didn't, it just mildly corrected.
People said US is going to die from massive QE, and no, it doesn't. In fact, it recovers nicely.
Europe zone will break? No, it didn't happen. It is now even growing mildly.
China will die from bad debt? No, it doesn't. It's consolidating and progressing well in control.

conclusion, i give up predict market on stock trading. I'd rather stay with fundamentals and trade accordingly. I'd missed the big bull too many times, I learn my lesson.

This post has been edited by yok70: Aug 14 2013, 05:32 PM

QE tapering, world market bear attack. What you think?

not i jump you jump meh?
or maybe i cut you cut.
my recent months purchasing of HK and US stocks are the biggest winning recent trade. up 30% average in just few months. This is when whole world scare china will die from slow down.

This post has been edited by yok70: Aug 14 2013, 05:51 PM

Thanks for sharing.

Today received panamy's annual report, its 5-yrs statistic data on various prospects are steady. I regret selling half of my holding early this year when Japan economy in big trouble, although I know Panamy not so related to its parent company. This speculation move that had no fundamental backup was one of the mistakes I made. I thought I could buy back at lower price. 5% cheaper? Not happy. 8%? Not happy. Oops, sorry, it rebounds. This mistake reduce my profit by 20% on those sold stake. Sometimes, being "too smart" is really not a good thing.

Now, my speculating trading based on this. I use the cash holding to play short trading game. ie, if I plan to buy $100k on a stock, anything exceed that amount will consider trading game by using the cash holding portion. Say I may buy $110k, but that exceeding 10k is for short term trading purpose.

Speaking of REIT. My reits holding from paper profit of 16% into 2% today. In addition to the dividend received while holding them (1-3 years) roughly 10% in total I guess.
Now I learn REIT is not "that defensive". I'm planning to re-balance my profile to move some reits into other high yield stocks such as Panamy. After dividend ex, panamy may fall sharply in next 2-3 months, that would be good chance to accumulate.

I wish it's that simple. like black and white logic. btw, i said people predict, not I predict.

This post has been edited by yok70: Aug 14 2013, 08:21 PM

you are right. there is good and bad side from it.


This post has been edited by yok70: Aug 14 2013, 10:15 PM

True. My overall REITs that trade (buy and sell) from 2011-2013, still at profit. I guess, excluding of dividend, maybe 15% profit at current price. When it's peak, I guess around 10-15% more paper profit.

Still, REIT is consider defensive as it's not easy to get huge loss like some other stocks did that 2 days can loss 50%. However, the lesson of "do not chase high, always monitor the yield" is a hard learn lesson for me.

This post has been edited by yok70: Aug 15 2013, 03:26 PM

bought first batch of plantation, sop.

this one so geng! i sold it last year at current price. what a swing.

5.55. it range bound at this price for 6 months already.

of course. i'll only add more and won't sell until it reaches 1.80. It is now my biggest holding on property stocks.

This post has been edited by yok70: Aug 15 2013, 03:41 PM

wah, my hk/china stocks shoot to the sky! giordano very pretty today.

i have no idea. I also not too keen for that. More into looking CPO price may have bottomed, may slowly recover in next 2 years.
i like sop's young tree profile. it takes time (years) to mature, but future looks good as plantation land is not easy to get anymore.

This post has been edited by yok70: Aug 15 2013, 04:11 PM