Tomorrow is Good Friday. So, tonight if no good news from US, Dow should head south.

looks like bjcorp is the goreng one today...so high already

good observation. i share the same view as you, elhh82.

and it is still too early to say about market recovery. the past 3-weeks rally mostly are contributed by the feel-good factor of the new PM, where you see most GLC and different sectors are taking turn to flying. crude oil went up above USD50 is another factor pushing our plantation and CI to the north.

remember we had nearly 900m volume in just one day? feeling good.
but now, look at the volume.

staying at sideline never hurt sometimes.

Lionind oso start to show some buying strength.

5000 lots wack in one go at 0.72.

Still have my lionind.. planning 2 sell off lo..

Yup, I am looking at Chin Tek, a super duper boring counter, but dividend is steady throughout, so not bad as dividend stock.

Without special dividend, consistent dividend based on profit is around 40-50 cents, this year should be at lower end. Still at lower end, it translates more than 7% yield.
Cashflow generation every year around 10-20 million can be expected if without major new investment.

Debt free, sitting with 170 million cash, which translate about 2.50 cash per share.

Singaporean own and management.

Can't buy too much, below hundred lot still ok, more than that difficult to buy and sell, seldom trade, liquidity is low

PE is around 11 based on lasteset Q earning of 14 cents.

Don't expect much from it as it is a boring counter, even when CPO reached 4000 time, its share was around 8+ only. As it won't be fund managers targetted stock due to its low liquidity.

K.. Lionind all sold at 0.725 for bigger peanuts.

Now que buy back at 0.70

This post has been edited by viper88: Apr 9 2009, 11:02 AM

HI EXPERTS,

WHAT HAPPEN TO BJCORP? SUDDENLY SHOOT UP...

Yup chin tek is one of the best high yield plantation counter I tot no one notice it


This post has been edited by darkknight81: Apr 9 2009, 11:22 AM

FCPO just tested new high abit...

Not no one notice it, just no one mention it, because that's too boring liao. But keep as alternative to FD still all right... haha... much higher rate than FD.
But their directors all very old liao... Quite a number of them from Sinkapo also...

This post has been edited by htt: Apr 9 2009, 11:33 AM

man this thread moves so fast in 24 hours.

well, i dun trade like u all lol. everyday you all check in, i check in maybe once in a week or once in 2 weeks. If follow day to day movement sure panic and die. like air asia, i bought it when it fell to around 0.95, and then it continued to drop to around 0.8 plus. but i held it cuz i just knew around sometime it march 2009 it should be back to above 1. and so i finally sold at 1.06

anyway i've entered into Maybank at 3.88 yesterday evening, and plan to sell sometime around July - August time period, and expect to make some profit. Otherwise i dun mind holding till late this year.

i dun advise people to follow me though, cuz i dun use any formula but rather my own gut feeling. Hasnt failed me so far and so far all my trades have been profitable, though some are small fry profit. all i want is to have my returns more than what i'd get compared to putting into the bank deposit

0.95 air asia (one of the shares i bought at that time) around end of nov sold at 1.06, is about 11% profit for me in around 4 months. so good enough for me

This post has been edited by Baronic: Apr 9 2009, 11:39 AM

What is your T.P for this share before you offload

today strategy: 忍忍

Zelan a gogo again today

Viper did you follow own advice and ride the goreng train?

This post has been edited by PBB boleh: Apr 9 2009, 11:47 AM

I que too low 0.735 din managed to get

Only get lionind..

Most of the stock i aim went up..

Tgoffs, Osk, Lionind, mrcb..zelan, mmc.. wah seong, kencana, oso.. kao.. all running away from me...

Zelan news from my remiser seems quite true.. moving towards 0.80 but resistance is strong at 0.77

This post has been edited by viper88: Apr 9 2009, 12:12 PM

I see.....

Yeah, some of us are kaki stock trading..... our way:
- everyday have to see stocks....
- KLSE go up also cannot, KLSE go down also complain....
- we like to eat peanuts, prefer banana but the best is the 'bull with legs'
- even though it hurts, we like to catch the falling knife....
- we don't like holidays

Anything I miss out?

Ya la... didn't follow viper88's observation and buy some...

Was expecting the stock market to drop before getting some....

haha, yea, well, when i first started i did day to day trading as well, but its just too unpredictable and too many speculative factors. ended up making loses. ever since i adapted a...medium term trading, i began to consistently make profits. lol. i also stay away from goreng stocks. stick with stuff that i know will go up and less speculative factors. My gut is telling me by august Maybank should definitely be above 4, and even if it doesnt i can hold and get some dividends. my funds are spare funds so i wun suddenly have to withdraw, so no problems for me

so my Maybank at 3.88 i plan to sell around august, or if i can get a nice profit before that i'd sell.

I usually dun do "hold somemore, maybe will go higher". Once i obtain my expected returns i sell and then wait like a wolf for the next panic selling

Yeah, sometimes goreng can burn you if you're not careful. I'm lucky so far as I play it safe. Earn a bit also ok.

You're not planning to keep Maybank for long term? It will definitely go up kaw kaw one day.... probably in 3-5 years....

I might get Maybank if the price goes down further, to hold for long long looooonnngg term.... I have a feeling that it will go down a bit more once the rights issue has completed and the new shares come in......

Why? Make a lot of money ka?

ya lol, when buy, leverage down, when sell leverage up.

still another 50% more share in stock bank.