Portfolio Update

Lets see how is the portfolio perform for month September :

The portfolio rose to 8.89% with the help of maybulk, masteel and ornasteel. Rcecap also contribute abit to the profit. Too bad the property counter did not perform as i expected, but i will still hold on them. Their time will come. When Rcecap is sold, the money will be added into the property counter.

Compare with klse index since 1/3/2007 until now, it has a gain of 14.7%. my portfolio is still under perform the klse index. But since there are still 5 months to go before i close my year 2007 portfolio, lets hope i can beat the index again.

Thanks to Sam

special thanks to Sam for his tips. :)

RCEcap up 10%, :)

Buy in RCEcap

Just buy in RCEcap at 0.87 with 3500 shares., if you do not follow Uncle Sam tips, then wait and see, to see how good it is.

All the property counter pjdev, metrok , and plenitude not performing well, but the metal steel all perform good, wait for 2 months and see, since all the property stocks above will distribute the dividend at the end of years.

today volume is around 78k, which is quite low compare to the peak volume time like 230k. The share price might shoot up to RM1 in the short term if the volume is high enough.

Let' see the performance tomorrow.

A & M

Hmm, above is volume and share price of A & M (the drop of share price is due to share split) today volume is the highest a super shoot up...hmm..whats behind it?

with this volume only up a merely 4.5%? Better take a close monitor.. :)

Plenitude

All counter were up but only Plenitude down.

Not sure why, but take a look on the FA.

Net cash position with 81millions on hand,
2006 2007
Land held for properties development : 98.66 138.64
Property development expenditure ( current ) : 139.67 131.50
Property development expenditure(not current) : 166.28 175.30

I did not see there any changes with the fundamental. With the current property development expenditure still remain the same, i expect them to achieve the same result for the next year. With the cash on hand, they can buy and develop any land anytime. This counter is too cheap with 2.96.

Pjdev and Plenitude are still the favourite. :) . still confidence with malaysia property counter. Government will make it "hot".