You go to mid valley and see the crowds at the shops, think can this reits is ok for long term. Eco City nearby shall also soon be connected to mid valley too.
we should work diligently like our ancestors or forefathers, invest wisely with good piece of advices kept in mind and trade carefully throughout our lifetimes.
Financial problems should be betterment in a generation or two at the most.
Agree? No? Well, if our grandparents saved a lot, parents saved a lot, we should capitalise on the previous savings from generations to educate ourselves with lifelong learning opportunities. If neither Grand parents nor parents worked for us, then it is our duties to work for ourselves and educate our kids to cultivate the habits of saving; every dollar counts toward the million. It is difficult but can be achieved nonetheless. It is never too late, 20-30-40 years. O, don't forget to exercise every day ah, we need a healthy body to live that long and achieve that goal.
KK, we are moving on the right path, watch out for the June world cup ah..My wild guess is about 1.25 (don't know will reach or not).
I am thinking of selling it in a couple of weeks while it is still uptrending and buying it back during the month of June or July while majority of the people are crazy about the WC - I am looking at pumping in 300k+, how about you? I have few other counters in mind.
For you eyes only - Mudjaya - next week keep a very close eyes and should make some handsome coffee and breakfast as well as snack money for a month...
Move some to magnum aldealy.,bought at 2.98.jewel in their crown.they still hold 6pc in u -mobile.investment of which is yet to be realised.,leaving for golf now.goid luck!
Mudajaya-for the past 40 years,this com had never lost any money (good or bad times) in single yr!look out for news in their ipp invesment ,India.mr koon yew yin(ex joint md of mudajaya)had invested heavily in this stock
KK, Today is Sat, just pop in to see for messages.
Thank you very much for the valuable advices. I would just keep my eyes close to it; I will enter when it hits low points and out when it has rebounded. Ironically, I always make some out of this Mudxxxx, I hop in and out with just 6 to 7 cents. This counter has some typical patterns (Low every two months - May 2013, July 13, September 13, and November 2013).
This time they change pattern ( low every two months - Feb. 2014, April 14, next will be June 14 and might be all time low...watch out...), so can do wah..since it is always being traded with low volume, it is easily being 'gorenged' up and down every now and then..
According to my calculation..If i buy in 10,000@2.45 and if it goes up to 2.51 (5 cts - Net profit=386.28); 2.51 (6 cts NP=486.05); 2.52 (7 cts NP= 585.82). I only buy with cash so that all charges will be 0.0023 x 2 = 0.0046
Copy from my spreed sheet database:
Bought Buy cost (with charges) sell cost (with charges) Net gain/loss 10k unit * cost *0.0023 10k unit * cost * 0.0023
In short - one month up and one month down..every month coffee and breakfast only..study the chart...I constantly remind myself don't get carry away, just do my ritual routine. If no volume, i just do 5,000 unit, then everything is just halved..Interesting??? 6 or 8 time a year, good breakfast $$. i like it..
I also play the same game with counters such as GAMxxx and GENx and few others when the time is right.
As for Reits, nowadays, I always buy a week or two after dividends and keep until about a week prior to the dividend declarations...If the trend is good, i will keep it for a long, long time...I only buy two reits so far, one you've already known..hahahaha....
just to share..it seems like I like counters with letter "G" in it.....anything you would like to share?
free, Maybank2u, intraday is 0.0023 x 2 = 0.0046 for each counter respectively... other than that, they will charge you 0.42% (0.0042) + 0.03% (0.0003) + 0.01% (0.0001) = 0.0046 first then rebate you at the end of the month
A few reasons, one of it is our MGS (malaysia government securities) yield which is now at 4.1% ++ this is risk free,... REIT has a dividend yield is around 5% ~ 6% (with risk, capital depreciation, profit reduced) thus investors would feel that REIT is not that attractive now ...
during early 2013, MGS stands at 3.15% making REIT more attractive with their 5~6% dividend yield
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kkng0819kk
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Posted by kkng0819kk > 2014-04-21 16:49 | Report Abuse
This ivory never seems to pay dividend la!