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Sunday, March 31, 2013

Scientex Still Good?

Scientex quarterly financial result ok. No wonder share price went up. Sold some, but will buy back. I didn't know they are annoucing financial result. My mistake.

VS result not so good. So I sold some of my SKPRES. Loss a bit, but after the dividends that I have received, probably breakeven or small loss. That is why dividends are important.

Market is quite ok, many counters up. Many people had refused to buy because afraid of malayaia election. They were wrong. Anyway, they may be right. Who know market may drop 50 points. I have decided not to purely predict the market for my decision. Most of the time I got it wrong. This election also, I thought it will go down below 1600. Because I am unable to predict the market, that is why I use Dollar Cost Averaging. I will buy less or sell a bit if I think market not good. If I think market is good, will buy slightly more butwill not buy too much, in case I'm wrong.

Saturday, March 23, 2013

CLIQ ENERGY BERHAD IPO

Opening of application 22/03/2013
Closing of application 29/03/2013
Balloting of applications 02/04/2013

Allotment of IPO shares to successful applicants 08/04/2013

Tentative listing date  10/04/2013

PUBLIC ISSUE OF BETWEEN 200,000,000 AND UP TO 667,000,000 NEW ORDINARY SHARES OF RM0.01 EACH IN OUR COMPANY (“PUBLIC ISSUE SHARES”), TOGETHER WITH BETWEEN 200,000,000 AND UP TO 667,000,000 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:

BETWEEN 190,000,000 AND UP TO 657,000,000 PUBLIC ISSUE SHARES TOGETHER WITH BETWEEN 190,000,000 AND UP TO 657,000,000 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF PLACEMENT TO SELECTED INVESTORS; AND

10,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 10,000,000 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

Stock Code Name CLIQ

More info pm CLIQ here.



That day after selling my Padini stock, the share price went up.

Just sold my Bonia, ,made some decent profit from it. Hope it will not jump up. Reason for selling, result not so good.

Sold a bit of Sceintex stock at RM3.6X. Good stock, but recently went up so much. Still keeping the balance.

Boilermech latest financial result good, as expected. With current share price of RM1.01, PE ratio not too expensive, with growth potential, net cash and a bit of dividend.


More info for Boilermech here.


  

More info pm CLIQ here.


 

 

Scientex here.


 
 

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Monday, March 18, 2013

Another of my stock made 100%

Another of my stock made 100% TSH from September 2010 to February 2012, 18 months, excluding dividend. Price adjusted for Bonus 1 for 1. As per my transaction post in August 2012 mentioned that I have been selling TSH.

P&O Kenanga increased the Target price from RM1.60 to RM1.80.

On the average, local retail and local institutional fund had been the net seller for the past many months. However, foreign fund on average had been a net buyer for the same period. Wondering why. Local worried on Malaysia General Election? Foreign fund not worried? What is there to worry about? Sentiment?
More info on 100%, here.
http://politemarket.blogspot.com/search/label/100%25%20Gain


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Sunday, March 10, 2013

General Election 13 Surprise

Some people have sold thier shares afraid of general election. But as you see, market has surprised many and recovered from 1,600 to 1,650 up 3% in a month.

BN will gain more votes because they woke up from the previous election and effort has been put in.

Pakatan will win more votes because previously many people didn't vote for Pakatan because they thought vote don't vote also same, BN always win. But now Pakatan got chance to win, so they will come out and vote.

So many reasons whether who will win more votes.

Why still not yet election?

Unimech share price RM1.18, PE ratio low, with growth potential, low gearing and good dividend yield. ZJ still a buy call with Unimeh target price of RM1.46.

P&O shareholders have approved the sale of part of the insurance business. Therefore, can expect the potential RM0.15 dividend.

Freight Management stock queitly moved above RM1.00.

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Saturday, March 2, 2013

TSH, Bonia, Padini, SKPRES, Unimech, TGuan, Fitters and ECS stocks

TSH result normal. Higher production off set by lower CPO price.

Bonia latest quarterly financal result not so good. I'm selling.

Padini latest quarterly financial result not so good. Sold all. Made a bit of profit plus dividend.

Unimec latest quarterly financial result normal, no research report yet.

Tong Guan latest quarterly financial result ok. No research report on TGUAN yet.

SKPRES result not so good. Based on TA research, still a buy. With low PE ratio and reasonable dividend yield,  still not a sell. The growth is questionable, so not buying.

ECS ITC result not so good.

Recently added Pantech and Boilermech stock. With the GE13 General Election impact on the stock market, dare not invest so much. But buying a bit.

Fitters stock latest quarterly financial result normal. This is one of my worst loss making stock. End of 2011 the MD said they are in the growth phase, I but can't see it for the past one year. Not selling because the price already dropped and HwangDBS still recommend buy. No dividend.

Talking about Election, why not yet? What are we waiting for?

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The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
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