Old and Golden Investor Journal

My Watch-List based on Commentors recommendations

Old_and_Golden
Publish date: Thu, 14 Dec 2017, 04:58 PM
Just retired. Has lots of time and little money to invest. This is my blog where I write about my experience, thought process, lessons learnt, and profit and loss along the way.

I am thankful to a few who have taken the trouble to leave comments, especially those who recommend stocks for me to study.

From my posting today, I have reviewed a few stocks which were left in my comment box.

Of those, I have shortlisted the following to be on my watchlist;

1. Johore Tin; Will be picking up a few lots. In my view they have healthy financial standings, and their products will always be in demand.

2. Gadang; Will monitor and do further research. I am a bit wary of stocks which are involved in Property Development, given the bearish situation of the sector. Otherwise,  Gadang is a company with excellent track record and led by someone who is very experienced in the industry.

I have added additional RM80k to my capital. Wish me luck...

 

Discussions
Be the first to like this. Showing 15 of 15 comments

investor77

should also consider Heng Yuan.

2017-12-15 00:06

Old_and_Golden

Already purchased HengYuan....the first stock I acquired. :)

2017-12-15 16:07

HENGYUAN @RM21 CONFIRM COMING

rich guy, 80K

2017-12-15 16:08

Alex™

wah 80k, my entire portfolio

2017-12-15 16:09

Old_and_Golden

I top up RM80K yesterday....so total capital now 100K.
Still have not used all...taking a cautious approach.

On paper, I am making a small profit so far. :)

2017-12-15 16:13

feimah

You may want to take a look at the steel counter
Annjoo, Masteel

2017-12-15 16:18

Old_and_Golden

Thank you Feimah...:)

2017-12-15 16:21

Old_and_Golden

Feimah...Masteel will be issuing bonus shares. How will this affect us if were to own their shares?

2017-12-15 16:49

mmk79

Masteel is another highly recommended counter. I was in LionInd . Sold all and change to Masteel.

2017-12-15 18:19

pputeh

Do check out Aeon Credit. Good counter to hold

2017-12-15 21:46

feimah

no worry on bonus issue as all shareholder will be equally get their fair share..
My little worry is on the private placement that had been extended to Jun18.
The good part is the positive outlook is still greater then the pp.

2017-12-16 10:12

Old_and_Golden

AEON CREDIT has been slapped with additional income tax bill of RM94mil. Surely that will affect their bottom line....won't it?

2017-12-16 10:17

Old_and_Golden

I am seriously considering Masteel...thanks both Feimah and mmk79 :)

2017-12-16 10:18

Bystander123

proposed 1 bonus for 3 existing shares is approved on 14th dec., but ex- date not set yet.
Have to decide soon, as this +ve catalyst is moving the price up

2017-12-16 11:49

Old_and_Golden

Bystander123...Will go in for Masteel on Monday...Thanks.

2017-12-16 16:47

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