Bear is coming..

Sam and his gang has disposed some/all of their stocks. With volume achieving lower daily, i agree that the bear is on the way.

I have started to sell Ynhprop , faber ,sunway , mahsing, liondiv between 31 Jan to 10 Feb and currently only keep RCEcap 9000 shares on hand and also sunway 2000 shares on hand.

I will stop blogging after end of Feb as it is time for me to concentrate on my CFA examination.

So far the portfolio commit 10% loss which is around 2.9k.

I believe we still can hunt the cheap stocks when bear is coming.

This 10% loss largely contributed by Sunway shares and this teach me a very good lesson, never forget the golden rules "margin of safety" everytime when you purchase any stocks.

Property stock has been hitting badly like suncity, sunway, brdb.

today Trading

Buy in Faber 1000 shares @ 1.26, buy in LionDiv 1.6 @1000 shares, buy in YnhProp 1000 shares @ 2.63, and finally Mahsing 1.75 @ 1000 shares.

Total 26k cash has been depleted. With remaining 9.2k cash unused, they shall kept for future.

It would be saying every one is in fear to sell their shares, even Sunway has going way down to 1.47, making it one of the worst performer in share market.

Let's see how US perform tonight.

Counters

klse record highest Index at 11 Jan, which is 1,516.22, and until today 1408.60, after 6 trading days, it has lose 7%.

Here is some counter listed for comparison with the klse index:
On 11 JAn Today Percentage change
Rcecap 0.89 0.8 -10.11%
Sunway 1.97 1.64 - 16.75%
PetraEnergy 3.42 3.28 - 4%
LionDiv 2.06 1.70 -17.5%
HiapTek 2.06 1.81 -12.4%
Mahsing 2.11 1.88 -10.9%
Melati 1.65 1.50 -9%
Metrok 1.42 1.36 -4.23%
Plenitude 2.70 2.33 -13.7%
kinsteel 1.58 1.38 -12.66%
Ynhprop 2.82 2.8 -0.71%
Maybulk 4.4 3.74 -15%
Publicbank 11.1 11 - 0.9%
Tebrau 1.32 1.09 -17.42%
Faber 1.52 1.32 -13.6%

Wow, ONly Ynhprop with good news (selling enbloc building) and Public bank ( with good result and dividend policy) managed to hold this storm.

Portfolio reviewing

Currently i have Rcecap , sunway, faber, liondiv and ynhprop as my 5 counters.

I plan to dispose YNHPROP despite this counter has been hold firmly during the recent correction (or crash?)

With maximum 5 counters i plan to hold, i plan to get one more counter, Currently cash at malaysia market is around 6.8k while share is around 20.4k.

i still have another 9.2k on hand at Singapore share market which remain unused. With total 16k cash, the ratio is stood almost at share:cash 60:40, which i feel comfortable.

The biggest loser shares in my portfolio was Sunway, which now losing 15% capital, and follow by rcecap 9%.

I have no worry on them ( Except market crash?) as they are good fundamental counters.

Today Trading: Catching the falling knife?

This was one of the worst share market day for all investor/speculator as most of the market drop around 2%(Malaysia) to 5% (Singapore/China/Hong Kong ) and India 7%.

Despite the falling market, i still buy in some counter, Rcecap 2000 shares @ 0.825 and Rcecap 1000 shares @ 0.805, i also bought in lionDiv 1000 shares @ 1.73.

There are still more room to fall for klse compare to other share market. Beware, dont buy too much!! the falling knife is pain!