Market open. Green aplenty.... but glove counters...... :/

Probably window dressing in afternoon....

Guys, I am planning to buy high dividend yield stocks after 1st July, and currently hold:-

1) Maybank
2) Hong Leong Bank
3) Genting M

At the moment, I am observing the following:-

1) BAT
2) RCE Cap
3) Astro
4) CIMB
5) ABMB (Alliance)
6) IGB Reit

I plan to sell HLB (once profit made), then invest the sale money together with some additional cash topup. While keeping Maybank and Genting M.

If I want to have about 5-6 stock portfolio (with Maybank + Genting M), what are the stocks should I choose from the list provided above? My target is BAT + RCE + IGB....?

Many of the glove counters doesn't look too good today.

What do you think of Astro? And how much did you roughly put for each of the shares you hold?

I see. Looking at what you have bought, think this should be the portfolio:-

1) Maybank
2) Genting M
3) RCE Cap
4) Astro
5) YTL Reit
6) BAT (when reaches 10 and below).

Well, any stocks more than 3% yield is definately better than FD currently. It would take years before it even goes to..... 4% or more.

Now I decide not to put all eggs in basket, else too reliant on FD is not gonna be good in long term.

Well, so long they monopoly the pay per view and satellite entertainment in Malaysia (with help from govt of course), they will still be around. And those TV boxes "tap" on them too.

BAT might be dying.... but looking at the dividends, they still pay quite high dividends.... only when the yield keeps falling, then can rethink.....

Boring week..... no action at all. Just normality all the way

It finally happened - TopGlove went below 15.00.

WTF, KLSE -3.5 and dropping.... while other Asean countries are in greens.

Come on Finance sector.... move it.

Lol all got played kau kau.

Now see the market fly pass 1600 soon.

Monday opening...

Expected - KLSE drop around 8 points at beginning.

Not expected - glove shares are in green...

Well, looks like I will be holding my stocks for the next few months, until it gets back to the green..... probably 6 months.

At least I have the comfort that what I am holding is still gonna pay dividends as usual, and will not keep falling in price. Maybank won't fall obviously unless something catastrophic happens. HLBB will turn good again once financials become better. And Genting M gonna see good days when borders reopen and crowds coming in more.....

Supermax and its warrants are going high up in prices.....

Or we are heading to the 2nd Glove bubble..... other sectors in total red, only gloves going up.......

Jeez... when the KLSE goes into green because of gloves alone, you know just how volatile the market is. EPF better start supporting the other sectors too, else if gloves go south, ain't looking good.....

Genting M at 9 million+? That's unusually high. Then again, its ex date....