QUOTE(Pink Spider @ Feb 20 2014, 02:46 PM)
Think MidValley can go 1.15 today or not leh 
M Reits Version 6, Malaysia Real Estate Investment Trust
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 Feb 20 2014, 02:50 PM
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Senior Member
2,032 posts Joined: Jan 2014 From: Sabah, Malaysia  
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Feb 20 2014, 02:54 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(yok70 @ Feb 20 2014, 02:49 PM) first time saw cimb technical team wrote on REIT trading. So yes, reit is "tradable" too. Trade reit to gain a few cents?  » Click to show Spoiler - click again to hide... «   |
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Feb 20 2014, 02:55 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(cherroy @ Feb 20 2014, 02:54 PM) Trade reit to gain a few cents? Jupiter Securities' motto - PROFIT AT ONE TICK  |
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Feb 20 2014, 02:55 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(cherroy @ Feb 20 2014, 02:54 PM) Trade reit to gain a few cents? I know a reit scalper.. everyday scalp 1-2 cents..few batches in a day, in one month can be big money also. He only trade REITs...if it goes down he keep for dividend later up a bit sell back. Quite risk free... but tedious work. Of course he is specialist in that area, other might not able to replicate. But must use 0.1% min RM 10 account and scalp each time RM 50k and above. This post has been edited by gark: Feb 20 2014, 02:59 PM |
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Feb 20 2014, 02:59 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(gark @ Feb 20 2014, 02:55 PM) I know a reit scalper.. everyday scalp 1-2 cents.. in one month can be big money also. He only trade REITs...if it goes down he keep for dividend. I have this mindset or strategy a decade plus ago.But must use 0.1% min RM 10 accpount and scalp each time 50k and above. I can tell it doesn't work well based on experience. Going up, already sold, no more stock in hand. Even shoot to the roof, merely earn a few cents. Eg. Axreit if bought at 1.00, going up 1.05, sold, but after 3-4 years later, 2.xx. While going down, always keep, in the end of day, whole hand a bunch of losing money stocks...  |
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Feb 20 2014, 03:01 PM
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Senior Member
4,174 posts Joined: Dec 2008 
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QUOTE(cherroy @ Feb 20 2014, 02:59 PM) I have this mindset or strategy a decade plus ago. So, now with REIT sliding.. must have the guts and go against EMOTION to collect.I can tell it doesn't work well based on experience. Going up, already sold, no more stock in hand. Even shoot to the roof, merely earn a few cents. Eg. Axreit if bought at 1.00, going up 1.05, sold, but after 3-4 years later, 2.xx. While going down, always keep, in the end of day, whole hand a bunch of losing money stocks... Coz with all the noise out there.. fear this and that. will start selling.. then when shoot up year end.. regret pulak. After going through the ups and downs of many years, Its still not easy... to go against the NOISE and the FEAR. |
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Feb 20 2014, 03:02 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(cherroy @ Feb 20 2014, 02:59 PM) I have this mindset or strategy a decade plus ago. Well he does it well.. he optimise the difference between the buy and sell queue usually 1 cent difference.I can tell it doesn't work well based on experience. Going up, already sold, no more stock in hand. Even shoot to the roof, merely earn a few cents. Eg. Axreit if bought at 1.00, going up 1.05, sold, but after 3-4 years later, 2.xx. While going down, always keep, in the end of day, whole hand a bunch of losing money stocks... His record is very good, earning 4 figure sums every month. But of course this strategy might not be replicated by others. I think he is the only one i know who specialize in scalping reits... Here is his website. This post has been edited by gark: Feb 20 2014, 03:03 PM |
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Feb 20 2014, 03:18 PM
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Junior Member
401 posts Joined: Oct 2005
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Arreit steadily dropping this few days. Just now 0.965... :I
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Feb 20 2014, 03:21 PM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik
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don't even want to look at YTL
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Feb 20 2014, 03:22 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(elea88 @ Feb 20 2014, 03:01 PM) So, now with REIT sliding.. must have the guts and go against EMOTION to collect. This is what one needs to come across, if wish for bottom fishing.Coz with all the noise out there.. fear this and that. will start selling.. then when shoot up year end.. regret pulak. After going through the ups and downs of many years, Its still not easy... to go against the NOISE and the FEAR. Situation is very identical when I bought Axreit at 1.00 time, initially started buying at Rm1.6x, then continue to slide down to Rm1.00. Need some courage to buy at 1.00, and Q at 0.99 (the Q didn't materialise), keep on reading the financial report of it, see whether distribution is sustain or not, how long the lease is etc to justify the buying. There is always some "fear" need to overcome when bottom fishing, as you don't know you are fishing or being fished at that stage. Only time will tell. |
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Feb 20 2014, 03:58 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Feb 20 2014, 03:22 PM) This is what one needs to come across, if wish for bottom fishing. true. I'm the bottom fishing type, so i am consistently at fear region since the price usually continue to drop after i bought. then read reports, eyeing on news, fear all around. However, i enjoy this feeling, it's exciting and like playing computer games. Lately i am bottom fishing giordano (a yield play), everyday watching it drop and drop, very exciting. Today drop big, i buy more. Situation is very identical when I bought Axreit at 1.00 time, initially started buying at Rm1.6x, then continue to slide down to Rm1.00. Need some courage to buy at 1.00, and Q at 0.99 (the Q didn't materialise), keep on reading the financial report of it, see whether distribution is sustain or not, how long the lease is etc to justify the buying. There is always some "fear" need to overcome when bottom fishing, as you don't know you are fishing or being fished at that stage. Only time will tell.  |
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Feb 20 2014, 04:36 PM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p 
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added qcap ..... today, passive income funds..
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Feb 20 2014, 04:44 PM
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All Stars
24,452 posts Joined: Nov 2010
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today, reits sale galore...
igb, cmmt, uoa, ytl, arr... all beaten down, big volumes. can see large funds dumping. looks like the foreign funds selling hasn't abated yet. the only ones i notice holding good are sun n pav - maybe becos this one been beaten down long time ago. |
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Feb 20 2014, 04:45 PM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
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QUOTE(AVFAN @ Feb 20 2014, 04:44 PM) today, reits sale galore... still can tahan few more rounds ...... pray they are nearly down their stocks in hand... igb, cmmt, uoa, ytl, arr... all beaten down, big volumes. can see large funds dumping. looks like the foreign funds selling hasn't abated yet. the only ones i notice holding good are sun n pav - maybe becos this one been beaten down long time ago. |
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Feb 20 2014, 04:46 PM
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Senior Member
16,872 posts Joined: Jun 2011
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IGB at 1.15...done at 4:44PM...lucky phone data no lag
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Feb 20 2014, 04:50 PM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
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wah qcap sell q so much? suddenly
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Feb 20 2014, 04:54 PM
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Senior Member
618 posts Joined: Jan 2003
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EPF selling IGB again?
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Feb 20 2014, 04:54 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Feb 20 2014, 04:44 PM) today, reits sale galore... ya, and all buy rate at high. FF big dumping, local funds big supporting. Very fragile situation. igb, cmmt, uoa, ytl, arr... all beaten down, big volumes. can see large funds dumping. looks like the foreign funds selling hasn't abated yet. the only ones i notice holding good are sun n pav - maybe becos this one been beaten down long time ago.  |
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Feb 20 2014, 04:59 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(gark @ Feb 20 2014, 03:02 PM) Well he does it well.. he optimise the difference between the buy and sell queue usually 1 cent difference. Yes, some may very good in it.His record is very good, earning 4 figure sums every month. But of course this strategy might not be replicated by others. I think he is the only one i know who specialize in scalping reits... Here is his website. But I reckon for ordinary folks like me, surely ended a bunch of losing stocks stuck in my portfolio again. Did it, experienced it. So not again, thanks.  Don't want sweating, and already getting older, just give me 8% will do. |
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Feb 20 2014, 04:59 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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reits mega sales
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