Last year was doing very bad, with the result 12.89% compare to index 24%. ( from 1/3/2007 until 31/12/2007). Earning total RM3067.
Few mistakes i made were investing into manufacturing sector related counters like Uchitec, Notion , Lngres and Ogawa. ( this was the fewest counters perform the worst during the so call middle bull market )
The biggest gain was on maybulk.
Learning from Sam (samgang.blogspot.com) , this has improved my investment skills alot compare to previous 2 years newbie life, from the very first capital 1k, until now 32k.
The late capital that comes after June has lead to the drop of the capital as most of the profits were made during the first half year. If no capital / loss has been made, the late coming capital will sure cause the average gain going down further.
But still, this is the part that really testing your investment skill, you are not only need to beat the market index, but also to maximize your profit with the adding capital diluting your result. And also, the market index has been adjusted higher with our giant share "Sime" joining the index.
The 2007 Portfolio is last from Feb until Dec 2007 as this make me easier for calculation and also to prepare for my Singapore 4k new capital. With the capital at Malaysia 24k, total investment would be 32.6k rnggit.
The first weeks of my trading has bring me 7.29% return (compare with klse index 3.77%), with Kinsteel, ECMlibra and Penergy helping me, lets hope the RCEcap would help me too.
With cash stood firm at 8.6k, other 16k is in share. I still have another unused 4k sg dollar cash parking at Singapore market, i can transfer them back anytime if i think Malaysia is performing better in future. ( Palm oil + Petrol oil effect? )
Let's pray for better return this year for everyone. Special thanks to Sam for teaching us how to fish. I highly recommend everyone going to his blog samgang.blogspot.com for more readings.
Tuesday, January 8, 2008
Today Trading
Bought in RCEcap 1000 shares @ 0.86 and 1000 shares @ 0.885.
This share has more volume after the news of Goldman Sachs has bought in some share of Rcecap come out.
It might be a normal buy in or either there are some good news. (that we do not know?)
As predicted, the IDR theme play has started after the oil theme play and steel theme play. What's are the IDR link counters that have not move? tebrau up 10%, Uemworld up 7.7%, ekovest 3.33%, while plenitude and mahsing is still lying there dead. These two counters are among the counters that has the strongest fundamental especially Plenitude worth a look. As they have land around the area of IDR, if these theme play continue Plenitude sure will benefit. PE around 7 with strong track record of earning, and in oversold region, i believe a 10% earn from this counter would not be a problem. But BRDR is worth a look, more good news come out but this shares has been staying flat? i will go into this stocks tonight.
My Penergy has started to move after bought at low 3.32, today come into 3.54, This share has been push towards 3.54 at the end of day which is 6.6% gain. Might monitor for few more days on the volume.
This share has more volume after the news of Goldman Sachs has bought in some share of Rcecap come out.
It might be a normal buy in or either there are some good news. (that we do not know?)
As predicted, the IDR theme play has started after the oil theme play and steel theme play. What's are the IDR link counters that have not move? tebrau up 10%, Uemworld up 7.7%, ekovest 3.33%, while plenitude and mahsing is still lying there dead. These two counters are among the counters that has the strongest fundamental especially Plenitude worth a look. As they have land around the area of IDR, if these theme play continue Plenitude sure will benefit. PE around 7 with strong track record of earning, and in oversold region, i believe a 10% earn from this counter would not be a problem. But BRDR is worth a look, more good news come out but this shares has been staying flat? i will go into this stocks tonight.
My Penergy has started to move after bought at low 3.32, today come into 3.54, This share has been push towards 3.54 at the end of day which is 6.6% gain. Might monitor for few more days on the volume.
Sunday, January 6, 2008
12 projects in IDR this yearTuesday January 1, 2008TheStarJOHOR BARU:
Twelve mega projects totalling billions of ringgit are expected to kick off this year under the Iskandar Development Region (IDR), said Johor Mentri Besar Datuk Abdul Ghani Othman.
Among the projects scheduled for implementation are:
- The RM4.2bil Node 1 project in Nusajaya;
- RM1bil Eastern Dispersal Link (EDL);
- The 15km, RM1bil coastal highway linking Johor Baru with Nusajaya;
- RM900mil clean up of Sungai Skudai, Segget and Tebrau; and,
- RM500mil MSC Cyber City project in Kulai.
“The new state administrative centre in Nusajaya, worth RM1.2bil, is also expected to start operations by March,” he told reporters at a press conference to deliver his New Year message.According to him, among the projects implemented in 2007 were the launch of the RM1.5bil Puteri Harbour and the RM7.8bil Tanjung Bin power plant.
The IDR project was launched in November 2006, but it has taken over a year for the details, including the support and incentive packages for investors, to be finalised.
Abdul Ghani dismissed concerns that a possible recession in the United States would negatively impact development projects in the region, saying that smaller countries would enjoy high growth rates.
“Besides the United States and Europe, everybody is optimistic about economic growth and we expect the world rate of growth to go beyond 6%, even in Africa,” he said.
He was confident the IDR would continue to attract large foreign and local investments in 2008.
He added that projects funded by West Asian investors would be situated in Node 1, about 30km from Johor Baru after the Second Link.The Abu Dhabi-based main developer, Alder Properties, will invest US$520mil (RM1.7bil) to develop a leisure zone, while Al-Nibras 2 Ltd, a subsidiary of Kuwait Finance House, will invest US$330mil (RM1.08bil) to develop the culture cluster.
In addition, Abu Dhabi’s Millinium Development Company will invest US$325mil (RM1.07bil) for the development of the international financial zone
Meanwhile, the state hopes to be almost squatter free by 2013 through a RM583mil relocation programme that will house around 8,000 squatters presently living within the IDR.
An estimated 2,932 people whose settlements had to make way for the construction of the EDL would be given alternative housing.
Abdul Ghani said RM300mil would be spent to relocate 2,700 squatters from Skudai Kiri and its neighbouring areas to flats near Sungai Melana, behind the Kipmart in Tampoi
Another 2,450 squatters from Lumba Kuda and Bukit Chagar are expected to get the keys to their homes in Seri Stulang and Pasir Pelangi soon.
Wow, not bad, theme play for those IDR link counter again?
Twelve mega projects totalling billions of ringgit are expected to kick off this year under the Iskandar Development Region (IDR), said Johor Mentri Besar Datuk Abdul Ghani Othman.
Among the projects scheduled for implementation are:
- The RM4.2bil Node 1 project in Nusajaya;
- RM1bil Eastern Dispersal Link (EDL);
- The 15km, RM1bil coastal highway linking Johor Baru with Nusajaya;
- RM900mil clean up of Sungai Skudai, Segget and Tebrau; and,
- RM500mil MSC Cyber City project in Kulai.
“The new state administrative centre in Nusajaya, worth RM1.2bil, is also expected to start operations by March,” he told reporters at a press conference to deliver his New Year message.According to him, among the projects implemented in 2007 were the launch of the RM1.5bil Puteri Harbour and the RM7.8bil Tanjung Bin power plant.
The IDR project was launched in November 2006, but it has taken over a year for the details, including the support and incentive packages for investors, to be finalised.
Abdul Ghani dismissed concerns that a possible recession in the United States would negatively impact development projects in the region, saying that smaller countries would enjoy high growth rates.
“Besides the United States and Europe, everybody is optimistic about economic growth and we expect the world rate of growth to go beyond 6%, even in Africa,” he said.
He was confident the IDR would continue to attract large foreign and local investments in 2008.
He added that projects funded by West Asian investors would be situated in Node 1, about 30km from Johor Baru after the Second Link.The Abu Dhabi-based main developer, Alder Properties, will invest US$520mil (RM1.7bil) to develop a leisure zone, while Al-Nibras 2 Ltd, a subsidiary of Kuwait Finance House, will invest US$330mil (RM1.08bil) to develop the culture cluster.
In addition, Abu Dhabi’s Millinium Development Company will invest US$325mil (RM1.07bil) for the development of the international financial zone
Meanwhile, the state hopes to be almost squatter free by 2013 through a RM583mil relocation programme that will house around 8,000 squatters presently living within the IDR.
An estimated 2,932 people whose settlements had to make way for the construction of the EDL would be given alternative housing.
Abdul Ghani said RM300mil would be spent to relocate 2,700 squatters from Skudai Kiri and its neighbouring areas to flats near Sungai Melana, behind the Kipmart in Tampoi
Another 2,450 squatters from Lumba Kuda and Bukit Chagar are expected to get the keys to their homes in Seri Stulang and Pasir Pelangi soon.
Wow, not bad, theme play for those IDR link counter again?
Friday Trading
Manage to sold ECMlibra 3800shares @ 0.925.
Volume has been slow down so just sold all.
I am still looking for other stocks ( Metal theme, Palm oil, what's next? Property theme?, or Iskandar theme? )
Will looks into buy Ynhproperty on Monday if the price is cheap enough. Sunway seems like not a bad choice as they manage to dispose the Infra Highway finally.
Volume has been slow down so just sold all.
I am still looking for other stocks ( Metal theme, Palm oil, what's next? Property theme?, or Iskandar theme? )
Will looks into buy Ynhproperty on Monday if the price is cheap enough. Sunway seems like not a bad choice as they manage to dispose the Infra Highway finally.
Wednesday, January 2, 2008
Today Trading
Sold Kinsteel at 1500 shares @ 1.51 and another 1400shares @ 1.53. This share has shoot up 17% which is out of my expected in fact.
But i believe there are still other small metal counter to catch up.
up 17% per day is somethings ridiculous as the news ( See previous post) does not mean that they worth 20 or 30% more for the counter. ( we have not see the earning yet). i think this is a metal theme play which wont last long. ( 2 weeks to stable down?)
Buy low and sell high for contra gain is the correct way. I will post out the next metal counter i would go in for contra gain later.
Sold another 2000 shares of ECMlibra @ 0.96, i plan to sold price at 0.97 tomorrow the remaining shares i hold.
But i believe there are still other small metal counter to catch up.
up 17% per day is somethings ridiculous as the news ( See previous post) does not mean that they worth 20 or 30% more for the counter. ( we have not see the earning yet). i think this is a metal theme play which wont last long. ( 2 weeks to stable down?)
Buy low and sell high for contra gain is the correct way. I will post out the next metal counter i would go in for contra gain later.
Sold another 2000 shares of ECMlibra @ 0.96, i plan to sold price at 0.97 tomorrow the remaining shares i hold.
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