Stock Watch tomorrow : Yinson

For the full financial year ended Jan 31, 2017 (FY17), Yinson’s net profit fell 12% to RM197.05 million from RM224.66 million a year ago, mainly as favourable net exchange difference declined, besides recording higher impairment loss on receivables, and lower contribution from joint ventures (JVs).

I really have no eye to see the value of my Yinson shares tomorrow.

This post has been edited by Vanguard 2015: Mar 30 2017, 10:39 PM

Yes, I know bro. Looks like the investors only concentrated on the 'strong' 4Q17 performance of Yinson where the net profit grew 2% lifted by higher revenue and tax credit. Such is the nature of Mr. Market to my advantage.

Just to share my thoughts. We live in the age of instant gratification where sifu Xuzen used to say, "We want mee segera, cepat dimasak, sedap dimakan". We want to see our stock price go up immediately after we buy it (this include Vanguard as well).

Thus investors are now chasing sexy stocks like logistic and tech. Even the price of rubbish stocks like Utusan Melayu has skyrocketed.

Meanwhile non-sexy and boring stocks with strong fundamentals like Cocoaland, YeeLee, Matrix Concepts and Thong Guan have fallen by the roadside. Nobody is paying attention to them.

But I believe eventually when the euphoria dies down and the rubbish stocks burn enough investors, the attention will turn back to the non sexy and 'safe' stocks.

My 2 cents view as usual....I could be wrong.

Yes, I dumped all Ta Ann shares. I remember posting it here about 2 weeks ago. You must have missed my post.

I dumped Ta Ann on the same day with Tenaga and Yinson (if I remember correctly). But since then I bought back Yinson.

Now I am busy chasing sexy stocks with short skirts (day trading) and high heels (high potential).

Of course, of course. I repeat, my trading is only up to 20% of my total portfolio. It is just for some excitement and to keep my fingers busy.

Woi, you hamsap?

Against my expectation, Yinson is marching forward now..up +3.43% currently. Volume of 1.6 million with a value of RM5.3 million.

Go Yinson Go!!!

This post has been edited by Vanguard 2015: Mar 31 2017, 10:19 AM

I managed to unload all my PetronM stocks just now. It is still surging ahead now at +2.90%. The current market price is RM6.380.

Now I am trying to unload HEIM which was caused by my fat finger mistake.

Looks like I can have a good lunch today.

I don't qualify as a trader. Play play only. My main portfolio is still intact as per my siggy.

Sometimes I just need some spare cash to buy some investment books or to have a good lunch with a beer thrown in.

Eh, not bad wor Tenaga. Maybe I should buy back Tenaga then?

It is a good day for me. I managed to unload my excess stocks in HEIM. I bought on 29/3/2017 for RM17.820 and sold it today for RM17.90. I became an accidental contra trader for HEIM.

PetronM is still surging ahead. Now the market price is RM6.420. So I "lost" more than RM1000 for selling off too early. Same story with Astino which I unloaded a few days ago. Today it has surged another +8.24%. Walao, the "losses" that I suffered from Astino for selling off too early.

Ah well. We can't have everything in life. There will be other fish to catch in the future!

Okie, okie, noted sifu.

Boss, Nestle need how may shares to qualify for door gift?

My VIS stocks today surged by more than 8%. It is definitely overvalued already. Maybe the sharks came in again

To continue holding or to sell now?

Thanks bro.

Ok, I think I will continue to monitor it next week. If my profit increase by another 8% to 10%, then maybe I have to sell already. Cannot wait for the dividend payment already.

Market closed.

My portfolio is surging ahead thanks to Yinson, Superlon, GKent and Airasia, among others.

I couldn't wait. Sold off VIX for a profit of about 11%. If it surge another 10% next Monday, then too bad. Now I have extra bullets to fight for PPHB (trapped at -7.437%) and HAIO (trapped at -1.485%).

I entered Vitrox today at RM4.770 (late to the party, it has already surged +5.33%). Tried to go fishing for Penta but couldn't get it (Penta has surged +5.7% today).

I am calling in reinforcement troops next week (moving in another war chest).

Have a good weekend everyone.

I did but I sold off too early a few days ago. No holding power. I saw Astino surged about 17% today. Otherwise I would have made an extra RM11,390.

Wei, trying to be funny is it? You wait, one day I will give you a 'good' stock for you to goreng.

Eh, why do you salute me bro.

You are one of my sifus. You told me that we cannot do day trading in FSM unit trust. So I migrated to do day trading here lor.

Thank you Gark. I think I qualified.

This post has been edited by Vanguard 2015: Mar 31 2017, 06:20 PM

MMSV is going through the roof now. Up 13%.

You bought at good price for some of your shares. I buy now too late already liao. 😃

Padini good mah. Matrix and Tenaga have to be wait until all the current hot stocks finish their run first. When enough investors get burnt, they will come back to Matrix and Tenaga. If you cannot wait, then swap with Mitraland and OCK Berhad lor. 😃