Ahmad Cendana

cendana287 | Joined since 2012-03-14

Investing Experience Intermediate
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Stock

2012-12-12 09:49 | Report Abuse

Climbing back quietly. Wonder what the OSK analyst with his 0.25 TP will say about this?

Stock

2012-12-12 09:33 | Report Abuse

Heavy buying at the start. Could that be the investment bank picking up the warrants which they unloaded in mass at 0.04 a month ago before the price gets higher?

Stock

2012-12-11 14:00 | Report Abuse

Wonder why Dave is so hostile towards me - I'm just trying to help him with his Digi connection. But I'll forgive him. Anyway, I'm looking at Petronas Chemicals which I feel has become attractive at its current level. It has rebounded a bit though from its recent low of 5.70.

Stock

2012-12-11 12:56 | Report Abuse

Nothing better to do except to wait and see how the (so called) quality counters perform after lunch. If they can just defend the morning's gains, that might be indication the traditional year-end window-dressing buying by the institutions is on. If not, then it's better to continue with the "wait and see". In the meantime, why not have a bit of fun, although Dave might not see this as so:-)

Stock

2012-12-11 12:48 | Report Abuse

@lmf_hau has a valid point. Don't place too much hope on these `insider info', which might actually be from those with vested interests and using others as suckers for their own agenda and interests. The genuine insider info tend to be silent; with people making their moves without attracting much attention.

Stock

2012-12-11 12:02 | Report Abuse

Quite a few, I think. One guy bought it at 0.035 last week and should be smiling today. The long expiry date - it's almost like buying the mother itself. This one is good for a 1 sen profit but the buying price should be 0.04 and no more.

Stock

2012-12-11 11:57 | Report Abuse

My investigations discovered this about Dave: he has a grudge with Digi which is somewhat justified. They also revealed why Dave comes on and off, and of him making a big deal of this by declaring when he's here and when he's leaving.

Apparently, Dave is using Digi post-paid for his handphone and also Digi Mobile Internet for his laptop. However, due to his frequent purchases of KFima whenever it goes down, he had trouble paying the bills. Dave had asked Digi to postpone the payments until KFima goes up again. But Digi disconnected his post-paid and also mobile internet! That's why Dave is mad at Digi.

Now he has to go to the Mamak shop for internet access. He'd order a Teh-O which costs RM1.00 and then spend HOURS at the Mamak shop to surf... until the mamak shoos him away. Dave, you have my sympathy.

Stock

2012-12-11 10:48 | Report Abuse

Dave, I'm not buying up or doing anything with Digi. Actually I'm very annoyed with myself for missing its rebound. Was waiting for it to go just a bit below 4.50 - that would have been a rather safe entry point. But it went back up after 4.51! I missed the chance but I'm no sour grape and being resentful. It's good that some of the people here made money from the rebound. But my choice of TM isn't doing too badly either - looks like it is finally following the other telcos.

Stock

2012-12-11 10:19 | Report Abuse

Dave, I bought King's sardines last week at Tesco Mutiara Damansara - 425 grams x 2 = RM10.00. That's a good buy. Told my wife it reminded of one guy at the investor's forum and she laughed. But my buy didn't appear to have helped KFima's price too much. You'll have to wait for the floods to come. Then the diet will be sardines and maggi mi for some:-)

Stock

2012-12-11 10:13 | Report Abuse

This laggard seems to be moving at last. Axiata and Digi have already rebounded significantly but TM has been rather slow.

Stock

2012-12-07 23:16 | Report Abuse

The mother's price - it's new territory for me including psychologically and I was slow to mentally adapt. Actually I should have simplified things, i.e. in seeing it as just like the ones I'm familiar with...the below 10.00 counters. RM65 - just see it as like "6.50", and that its previous price was like "5.60". From this angle, it's more than possible to be reached. There wasn't much to lose, especially when its premium was very reasonable AND with a very long expiry date.

Too late for that now. All that I can do at the moment is to use this as a lesson so that I'll be more decisive when similar opportunities appear. They will, this I'm sure of.

Stock

2012-12-07 19:16 | Report Abuse

Regret, regret, regret! Hate myself for being so hesitant and pessimistic when it was at 0.05/0.055. Hope it comes down next week:-)

Stock

2012-12-07 19:10 | Report Abuse

Mudajaya needs Tabung Haji to start buying again and create some momentum. But these fellows have been quiet of late and no other funds seem interested. However, Mudajaya comes with attractive valuations for the fundamentalist and, despite being exasperated at times, I'm going to be patient with this particular counter.

General

2012-12-07 18:39 | Report Abuse

But at least it closed on a positive note today - the first time in 10 trading days that the bar is white instead of black. This should make the technical analysts sit up and take some notice. If Sime manages another positive close next Monday, it could be the start of a rebound.

General

2012-12-07 15:58 | Report Abuse

It breaks 9.00 but keeps slipping back. Not that many Sell lots but it seems the big boys are just juggling buy-sell with each other. Those lots from 8.98-9.02 could easily be swept clear if they really want to. These fellows can decide whether they want the BSKL index to finish up or down.

Stock

2012-12-07 11:02 | Report Abuse

The support looks to be holding well at this level. I believe the downside risk is low as compared to the upside potential, which is more probable. And the CW at 0.01! With the expiry next April, I'm going to bet on this. Target - just 0.005/0.01, which is 50%-100%. Worst-case scenario - no buyer even at 0.005. But with more than four months left, I think there's more than enough chance to cut loss.

Stock

2012-12-07 10:15 | Report Abuse

Traders know the risks that they are getting into with this kind of counter. Many are smarter than those at the SC, who know only to issue a UMA and nothing else. These traders are people at the frontline, not government bureaucrats with their feelings of self-importance.

Stock

2012-12-06 21:47 | Report Abuse

Yeah, it gets tedious and rather annoying when you see the SC with its knee-jerk reaction - UMA, UMA and nothing else. They haven't done anything of substance, especially concerning the Ingens `takeover offer' con job. Nor the manipulation by Malaysian Insider concerning Sime having to undertake MGO over E&O. The SC is just limited to issuing a UMA and nothing else.

Stock

2012-12-06 21:42 | Report Abuse

CPO is probably at or very near to its bottom. Go lower than that and palm oil biodiesel becomes viable. The plantation counters have become more attractive due to the slide although we might get even better prices if we wait a bit more. This sector is predictable to an extent - just watch the daily CPO price movements to get an idea of how they will probably fare in the near future.

Stock

2012-12-06 21:32 | Report Abuse

New warrants from OSK tomorrow: JCY-CO and -CP.
CO: 0.60; Ratio 2; Expiry 6/12/2013
CP: 0.80; Ratio & Expiry the same as CO

Stock

2012-12-06 21:29 | Report Abuse

New warrant from OSK tomorrow: Astro-CL. Ex. Price 2.60; Ratio 4; Expiry 6/12/2013

News & Blogs

2012-12-06 19:32 | Report Abuse

Yeah, especially with call warrants. Living there would be more than possible if you're fortunate enough to have repeated trades like this: Buy SKPetro-CA at 0.065 and sell at 0.26 as it was recently:-)

Stock

2012-12-06 19:29 | Report Abuse

I don't think it would go down much from the current level. Datuk Nazmi had paid more and I doubt he'd be dumb enough to offload at a lower price. From last Monday's piece in The Edge, the future looks exciting for Tiger. Nazmi has big plans for it - REAL business plans and not to just goreng and run away like some people.

News & Blogs

2012-12-06 19:26 | Report Abuse

I don't care too much about those places. Kota Damansara is fine enough with me:-)

Stock

2012-12-06 19:24 | Report Abuse

Rather difficult to make money from trading at the moment with the market like this. Waiting for some new impetus for E&O that will create renewed interest. By the way, the chairman, Datuk Azizan had bought 1 million units late last month. There's surely a good reason for him to do so.

Stock

2012-12-05 13:30 | Report Abuse

It's time will come again, especially when this is a counter that pays minimum fixed dividends. For fund managers, especially the local ones, there aren't too many counters that can be regarded `safe' and giving a good dividend yield at the same time. TM has now become attractive again after the slide and I feel it's just a matter of time before it goes on an upswing again. The bottom has probably been reached (5.32 recently) and the traditional window-dressing period should see this counter going higher. All that's needed now is momentum to start the big wheel turning again.

Stock

2012-12-04 16:32 | Report Abuse

Not a bad price. I had bought higher last April, at 1.72. It was on a downtrend but that was before I knew the basics of technical analysis. Went down to 1.55 or so and I was kicking myself for not having learned something about TA first. But it went up after that and I sold at 1.87 two months later. With MRCB, you just never really know. It may look rather gloomy at the moment but it can go up just like that. It's a counter which traders follow, and they'll immediately jump in when it looks like moving up again.

Stock

2012-12-04 15:37 | Report Abuse

Wow! Another good showing today after yesterday's rise and recovering from the slow start in the morning. Going to follow this CW closely - with this kind of strength, the ex price of RM65 looks very possible.

Stock

2012-12-04 15:33 | Report Abuse

Difficult for it to go up much in the present environment. Will have to wait until after parliament is dissolved first to see how investors respond. This shouldn't be too long. Might be able to buy it lower during this period. If the indications show a better performance by BN is likely, then counters like MRCB, Gamuda, UEMLand, Glomac etc. are worth betting on.

Stock

2012-12-03 18:45 | Report Abuse

What a disappointment! YTLP was gaining momentum with its positive close over the previous few sessions last week. But now it has lost some steam after the heavy selling today.

Stock

2012-12-03 18:42 | Report Abuse

It would also be the first time I buy the CW of high-priced counter. The mother's price is our local equivalent to Apple or Google. Looks very interesting - the premium at 20-something is reasonable, especially when there's almost 12 months left before it expires. This is the kind of counter which long-term investors would buy although the ex price of RM65 looks a bit scary.

Stock

2012-12-03 10:16 | Report Abuse

Issuance of new shares will result in the dilution of current ones. But if you'd look at that in a positive light, it also means Perisai is buying something without taking new/more debt. Let's see how the investment bank analysts view this.

Stock

2012-12-02 01:44 | Report Abuse

Boustead was quiet for most of the day and I wasn't paying much attention to it. Wasn't even aware it had gone up towards the end of trading with good volume until I saw its entrance in the Top 20 with its +22 sen. Now it's not too far from the -CE ex price of 5.40. If the buying continues next week, my 0.01 speculation could bring in a 100% gain:-)

Stock

2012-11-30 17:27 | Report Abuse

Regardless of Sime's slide over the past week, I feel CR has gone down too much. Shouldn't have been at 1.5 sen considering it still has 4 months, with the ex price not that far away. If Sime goes on a rebound, plus if the year-end rally materialises, this might turn out to be one of my best buys for this year. The downside risk looks minimal.

Stock

2012-11-30 17:21 | Report Abuse

@nuha, if you still have it, breaking even is now close:-) What a performance today... the mother went up past 3.30 and 3.40 just like that!

Stock

2012-11-30 10:49 | Report Abuse

0.015 is just too low to ignore given its expiry date of 29/3/13 and the ex price of 9.50 which is very reasonable. At a 5:1 ratio, I'll break even at 9.58. Of course, if Sime goes near that, the CR will be significantly more than 0.015 - 0.04 isn't impossible. Worst-case situation - Sime goes down and remains there. But I think there'll be people willing to take the CR at 0.005. Percentage-wise, the loss would be heavy. But money-wise, I've lost 0.015 before:-)

Stock

2012-11-29 16:28 | Report Abuse

Most oil & gas counters are like that. The dividends are nothing to shout about - have to buy plantations or consumer counters for this. With the O&G counters, it's capital appreciation that investors/traders have to aim for. Dividends are just consolation during those times when you have to wait and wait for them to go up.

Stock

2012-11-29 11:51 | Report Abuse

Waiting for tomorrow to see its last quarter report. It just need to defend the previous gains to build up a base. At the moment, TM is still below its 20-day moving average of 5.58. Hopefully the selling is over.

Stock

2012-11-29 11:39 | Report Abuse

I'm very disappointed. Was hoping Digi would come down to... no, not 3.00 la - like 4.40-something or so. Another day of sliding would have made that possible. And yesterday I was too hesitant and the chance slipped away. SIGH... Never mind, there will always be other opportunities in the stock market if you wait patiently and not simply jump in.

Stock

2012-11-29 11:30 | Report Abuse

Increased revenue in the last quarter from RM1,097 mil in Q2'12 to RM1,141 mil Q2`13. Pre-tax profit from RM161 mil to RM233 mil; EPS 5.45 sen to 9.93. All are pretty decent. But the deal with Scomi seems to be preventing IJM's price from going up. Will have to wait for new developments on this to help serve as impetus for an upswing. Until then, it will probably hover around the current level and not go anywhere.

Stock

2012-11-29 09:45 | Report Abuse

minitrader, from previous experiences, that is what separates those who make profits and those who loses over the longer term. It takes courage to buy when everyone else is so pessimistic. But if one has done his homework and convinced that a counter has potential, it's better to stick to his own conviction. After all, it's HIS money on the line here; not "other people's" or "analysts" money. After buying, sometimes it's wise to do something else and stay away from the market - let the market sort itself out over the longer term.

Stock

2012-11-29 08:28 | Report Abuse

Oh, previously I can be very nasty too actually. But nowadays I try to refrain from hurting others' feelings; just in good fun. "Live and let live"...

By the way, KFima looks like a reasonably good counter fundamentally. I feel it will go up. But one might have to wait a bit though, and there are other counters that offer better and quicker movements.

Stock

2012-11-28 21:38 | Report Abuse

Strange that he didn't spam the Digi thread with his SELL! comments today. I wonder why...

Stock

2012-11-28 20:45 | Report Abuse

It's CEO said KFima made big profits. This was due to huge purchases of its King's brand sardin by an unidentified singh;-)

Stock

2012-11-28 20:42 | Report Abuse

Things have become muddled up with MAS' share price. On one hand, it has reported a small profit, which is a big improvement over the corresponding quarter. But the capital reduction announcement and rights were a real shocker. Actually, some analysts had already speculated the option of a capital reduction. That's actually the best way to handle its debts and what value a unit of share still retains. It's only fair that it be devalued to encourage the pumping in of new capital by new investors. But it was still a shock when it was announced.

Let's see how it goes tomorrow.

Stock

2012-11-28 18:19 | Report Abuse

Very pleasant surprise late in the day:-) Hope this will continue tomorrow.

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2012-11-28 16:00 | Report Abuse

Now the buyers' lots are building up. I may have been a bit late. But have to stick to this price because I didn't intend to buy earlier. This would qualify as "impulse buying", which I shouldn't be doing. But the price...

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2012-11-28 15:52 | Report Abuse

You are right, it actually went to 0.015! At this price, regardless of the mother's slide, I think I'm going to just jump in and buy.

Stock

2012-11-28 12:27 | Report Abuse

The mother is riding on telcos rebounding. If this continues, the ex price of 6.00 is more than achievable. Especially with the long expiry date. By the way, notice how the CV market maker refuses to let go at lower prices despite it being almost the same as CU. This can be taken to mean that CU is under-priced at the moment, all things considered.

Stock

2012-11-28 12:05 | Report Abuse

Having the guts to go against the crowd and buy (or sell depending on the situation) - this often pays off with counters that have potential. Just a few hours ago, most people were gloomy about telcos... and then Axiata and Digi shoots up. Now the very same people are anxiously trying to buy. What has changed with these companies' business over the past few hours? Nothing - it just shows how powerful sentiments and perceptions are. With Scomi, when it goes back to 0.40, many people will be lamenting the same old song: "Why didn't I buy when it was at 0.34!?" Why not indeed...