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Saturday, January 29, 2011

Homeritz Corporation Berhad

If you refer to my previous blog, I mentioned to you that I would like to invest into a low volatility and penny stock. And I will share with you after I bought it. Well, I managed to buy in the 1st stage on past Monday. Yes, it is HOMERIZ. You may know or hear about this counter before.

Wednesday, January 26, 2011

COPY: Will Interest In IPOs Spill Over To Century Software?


After a prolific year for initial public offerings (IPO) in 2010, the new year has gotten off to an eventful start with five IPOs so far in January, namedly Maxwell International Holdings Bhd, Asia Media Group Bhd, Benalec Holdings Bhd, K Seng Seng Corp Bhd and Tambun Indah Land Bhd. 

Of the five IPOs, Benalec and K Seng Seng have fared well thus far, with premiums of 39% and 8.8%, respectively, over their offer prices. It has not been bad for the other three either, as all are still trading above their offer prices, albeit at low single-digit premiums. 

Tuesday, January 25, 2011

COPY: KLCI Extended Losses For 4th Day

The FBM KLCI extended its losses for the 4th trading yesterday as a combination of some mild profit taking as well as the impending long holidays next week kept investors on the sidelines and weighed on the index. 


Statistics

The 30-stock benchmark index slipped 0.29% or 4.46 points to 1,542.97, dragged by losses including index-linked plantation stocks as well as select blue chips. Losers outpaced gainers by 548 to 258, while 282 counters traded unchanged. Volume was 1.83 billion shares valued at RM2.21 billion.


Friday, January 21, 2011

Why No Discount On My Target Counter?

KLCI index in red again for the 3rd consecutive day. According to the news, the local market went down 19 points today due to the concerns about more monetary tightening policies by China's government. It seems like not a new issue to us.

The big drop of the market supposed to be an opportunity for us to buy some. I did notice some big-cap counters having few percents correction, like CIMB and PCHEM. That's okay. However, when I look at my interested counter price, they didn't drop, at all. What a disappointment!

Wednesday, January 19, 2011

Looking For Replacement of MEGB

The KLCI volumes are dropping and some retail speculators started to take profit for the past few trading days. Many speculators out there expecting there will be some minor retracement, so they do what is necessary. 

It's boring on these couple of days, because we don't see anything excited. Well, the only colors display were from the new IPOs debut. Will the index drops further before Chinese New Year? No one will know. Instead of wasting time to predict it, it's better for us to spend some time to relax.

Thursday, January 13, 2011

What Faith for Masterskill?

I'm so sad and sorry, but this is just out of our control. MEGB (Masterskill) share price has been falling sharply for 3 consecutive days from RM2.50, 14% write off so far. Today is the worst day where it closed at RM2.15. With today closing price, MEGB PER is coming back again to 6. 

There is no change on MEGB fundamental and PTPTN resolution is found. In addition, the group also just obtained additional premises of Kota Bharu campus approval from MHEM. Why MEGB share price not goes up but slips? 

Tuesday, January 11, 2011

Notion Vtec Berhad

The index is resting after bullish for 5 consecutive days in year 2011. Most of the stocks, small-cap or blue chips went up like no tomorrow during the past trading days. Many Chinese investors are thinking about having a fat Chinese New Year, on top of their bonuses and monthly wages. 

Monday, January 10, 2011

Saham Amanah Sabah pays out 12% Dividend

Chief Minister Datuk Seri Musa Aman has declared an income distribution of 4 per cent dividend, or 4 sen per unit, for Saham Amanah Sabah (SAS) for 2010. The total payout amounts to RM45.78 million based on 1.14 billion units held by 54,000 unitholders as at December 31 last year. The dividend is closed to 12%, calculating based the current NAV per unit is RM0.3396 as at 6 Jan 2011.

Wednesday, January 5, 2011

My New Year Stock Portfolio Review

Happy new year to you. What a wonderful vacation I've in Taipei last week. I spent quite some money in investing in self-improvement books and CNY clothes. I hope they will bring me some returns in the near future. 

KLSE index has shot up to 47 point within 3 consecutive days with heavy volumes right after Tiger year. Some analysts said it's caused by foreign investment. May be, as yesterday and today volume has surpassed any trading day in year 2010. The market outlook looks bright.

Monday, January 3, 2011

Is MEGB Still Worth To Invest?

Education companies are generally known for their defensive qualities, with earnings that are relatively recession-proof due to rising demand for education, the importance society places on quality education, and the increasingly prohibitive cost of obtaining overseas degrees. The expense of a foreign education favours companies providing “twinning” degrees or local alternatives, and allows room for fee hikes.

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