I am fully invested now, which is something I usually don't do
The reason I inject further cash into my portfolio recently is because I want to seize the opportunity to buy CIMB and Afiin (share price doesn't wait for you). And I know that Airasia is entering its final leg. I target to sell at least part of it at 3.50. The cash proceeds will then be withdrawn from the portfolio to retun my cash weightage to normal level.
In other words, the extra cash injected recently acts as bridging finance
(Actually, on top of the cash injection, I also double my margin draw down recently to accommodate CIMB and Affin. These higher gearing will be pare down when I sell down my Airasia)
finance stock had dropped alot few weeks ago... once available, sifu icon will write abt "sell-houses-sell-cars" for those finance stock..XD..i will stay tune..XD
Oops sorry my Airasia cost is more than 1.29. I believe it could be as high as RM2.00. This is because I started at 1.65 and keep on adding more subsequently. But on the other hand, I made good return from Air Asia C30, which increase from 30 sen to more than 80 sen recently. Adding the two up, I believe Airasia delivered very good return (but I didn't keep track exact figures)
Airasia has dropped more than 10% of its value in the last 2 days. I sold 60% of my holding yesterday. Will monitor if the 2Q result will put wind back in its wing.
(COMel CORP) juz like eating Durian (musang king), taste it slowly , u get to love it more . i trust your competency will making good wealth very soon.
pongPongplane2016, u shud thanks me fir saving you from misleading newbies to Sailang inSGB mother/daughter & the grandchild . Else u will be splitting by others wherever u go.
WHY u need Icon8888 & me to follow your so call Buy call ? I didn't notice and diubt Masteel is any one's call . But, Masteel is on the Fall now, what your explanation ?
sifu Ricky, I take a bet only. Not to say that I am very confident. Its share price has come down a lot mah, and latest Q EPS 7 sen woh.... so I try my luck loh... I always say investing for me is 50% skill, 50% luck... sometime I good luck sometime I bad luck....
He is betoi betoi good family man. Now he die. His kid got 2.5 million compensation in total. No good meh? A direct multi millionaire son's creator. 伟大rite?
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duitKWSPkita
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Posted by duitKWSPkita > 2016-08-25 20:55 | Report Abuse
Very true...
Luckily got compliment paper plane. If not he cant sleep tonight