Morning ... Monday morning, a quiet morning as the office is almost empty. It is a holiday break but I m back to office to deal with my markings and also checking on markets. I like the quiet environment, been rushing too much for whole 1-2 years ... and that is about to change. UBAH ... easier said than done!!
The "F"-stocks : I have shared my two "F"s ... Faber and Favco before they flying off(check previous posts). Well, Faber was given at 1.65 levels while Favco at 2.42 levels. Currently Favco at RM2.59 and Faber at 1.76(at press time). I have sold Favco at RM2.59 ... and since I have told the stock-watch group that I have been collecting Faber, it dived last week for me to collect more. Today, I just need to release some, and see if it could go above 1.75 ... then, I will hold on. I may want to buy-back Favco since they are giving 8cents dividend. Faber is giving 10cents ... so, of coz the DY for Faber is relatively higher.
MBSB : Given when it broken RM3.02 and written in previous post too. You may check. At 3.12 now, I do wonder how high it will be pushed up further. With ever increase in salary and bonuses for the gov-servants, we could expect more loans(sure performing loans la, what u mean NPL?) will be taken ... and perhaps the news that MBSB will becoming a financial-banking institution ... perhaps marrying RHB, heck ... might as well EPF taking them private?
Failed trades : YTLLand and WTK recently were my disappointing trades. Have to cut-loss on them. ouch.
HapSeng : Sold her at 1.96, too early as it hit RM2. At 1.93 now, I grabbed back at 1.92 ... and she is going to give 10cents sweets too ...
Parkson : Some in the group bought below RM3.80, waited for a month, some bought on Thu when market/KLCI dived 32 points, Parkson standing tall ... and some bought last Friday at RM3.90. Now at RM3.98 ... I am selling soon (chase at your own risk). Normally, when I sell ... I will tell the group, but whether they are selling or not, I have no control.
Selling too early : That reminded me ... of KimLun. Grabbed at RM1.88, happily sold off at RM1.99 as it jumped a few days later, only to see it jumped to RM2.08 ... some selling at this level, then RM2.18 ... some sold here ... RM2.30 ... and the highest I heard a person said he/she sold at RM2.30+. That is the 'problem' with me ... good stock picking, but sold for profits too early. Need to adjust on that and be patient to hold.
Another F word : I mean, FOCUS. I have so many facebook's forums/groups/pages ... that I am deleting almost ALL soon ... exiting/quitting/leaving many other trading-investing groups. I admit I do learn a lot from some of their sharings, but most of the time ... forums are very noisy. Learning aside, I need to re-focus in my own trades and my learning pace is very slow ... I am still in learning stages ... so, I do need to focus.
Faber at 1.79 ... don't know if my queue to sell done ...then, i would have cleared 50% of my holdings. Talking about selling too early?
Need to continue my markings ... while waiting for classes.
Have a nice trading day, KLCI in green
TEH
AlbertLim
hahaha... show off la you Mr Teh... we all know you are a con man... even for free I wont join your stock watch... some day the truth will prevail.
2013-06-17 11:40