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Unclepicks bought 6,000 IJM-WC @ 1.200 on 19-Jan-2010, sold all with 54% profit today @ 1.850 http://unclepicks.blogspot.com/2010/01/bought-5000-ijm-wc-1200.html The bull is charging for the past few weeks. Some of unclepicks' major holdings, like YTLPOWR, MFLOUR have increased for more than 10% in less...
YTL Wimax 4G is launching next month. Will YTLWimax become the next maxis ? Very likely. Bought FAVCO at 0.745 on 26-Jan-2010, 19%+4% dividend=23% gain.
It's been one year from blogging. Nothing to shout of, unclepicks' profit stood at 6.37% for the last 12 months. The low profit was due to low exposure to stocks, about average $60k exposed to stocks, while the remaining sitting safely on FD. Based on $60k, the profit would be 10.62% As for upcoming...
Dividend ~5 % Low PE ... This is one of the attractive long term auto pilot stocks. Link: http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201009210505dowjonesdjonline000100title=execution-key-to-malaysias-444-billion-10-year-investment-plan-analysts Check the above link, massive $444b...
Time to buy some BJ stocks. BJ* stocks have been in the downtrend ever since the ASCOT deal was pullback. The new IPO BJ retail has fall below IPO price. BJCORP also badly hit. Amongst all the BJ stocks, unclepicks is picking up BJTOTO: Good side: 1) Supreme toto has gone up to $32 millions. highest of...
link: FAVCO, another RM106m deal After a good run for SCOMIMR recently, FAVCO is next to perform with RM106m deal. No doubt, the current market sentiment has improved. DJIA is doing quite good at the moment with +188pts gain.It will be superb if the rally can sustain over the financial reporting month.
After swinging down and up this morning, it does not convince me that it will break the previous high. See the pattern, do you see what I see? Decided to sell all with a profit of 35% With that, the journey with LHH completed. Link to the LHH posts:- [Oct 2009] Journey with LHH starts... [Nov 2009] 1st...
Unclepicks has 10,000 LHH.Bought 11/11/2009 5,000 @ 1.05Bought 27/01/2010 5,000 @ 1.31Average 1.18 Sold 5,000 @ 1.580, 34% profit. Remainding 5,000 units. As for Scomi marine, unclepicks holds 40,000 units. Average price around 40 sen. It's now traded at 55 sen. Still holding for the special dividend. :=)
link: SCOMIMR in talk for capital repayment SCOMIEN 29.5sen Special Dividend A whopping 30% gain from SCOMIEN after special dividend announcement. SCOMIMR, let's see how good are you when your special dividend arrives. No buy No sell, still keeping SCOMIMR below the pillow
Scomi Marine resumed trading today. Here's the highlights:- 1. Scomi Marine will dispose its 100% equity interest in CH Logistics Ltd, CH Ship Management Pte Ltd, Goldship Pte Ltd and Sea Master Pte Ltd into PTRT. (Dispose for RM550 million) 2. Scomi Marine will own a stake of between 20.63% and 24.55%...
link: http://www.bernama.com/bernama/v5/newsbusiness.php?id=512890 Scomi Marine has disposed CH Offshore in the 1H10, and now the Indonesia's PT Rig Tender, together with a few more related subsidaries. Now, we are almost certain that Scomi Marine will be tagging with the strategic investors in...
"Scomi marine has been suspended for material corporate exercise involving a very substantial transaction which will entail the disposal of certain subsidaries of the company..." annoucement from BURSA. From the chart, SCOMIMR rallied since yesterday with huge volume. (seems a good news waiting to...
Finally, DJIA starts to make a good rebound after weeks of uncertainty. Unclepicks decided to buy in a little bit of SCOMIMR.
- Take a close watch on how markets react on the US reports. - Dropping of stimulus and go for deficit? read:http://www.bloggingstocks.com/2010/06/06/g20-drops-fiscal-stimulus/
Another week with DJIA flirting around 10,000pts. Locally, there is nothing much interesting, even DJIA is a lot more attractive than BURSA. Well, do nothing when there is nothing to do. :=)
1. Europe still very shaky. As mentioned, nothing can be changed overnight, not even ~$1 trillion. http://www.reuters.com/article/idCALDE64D1PG20100514?rpc=44 2. US stocks: "Strong corporate balance sheets, rising profits, economic growth on an upswing and the Federal Reserve's pledge to keep interest...
http://biz.thestar.com.my/news/story.asp?file=/2010/5/13/business/20100513110119sec=business
chart from google finance Stock Markets over the world uncontrollably skided and jumped. A head to head fight between Strength and Weakness? The fight has begun, nothing we need to do. Just wait for the dust to settle, before joining the game. - European stock markets strongly recovered 5% to 9% yesterday,...
DOW JONES dropped ~1,000 pts triggered panic selling. http://www.smartcompany.com.au/finance/20100507-global-markets-rattled-as-a-typing-mistake-sends-the-dow-jones-index-down-9.html
We seem to perform a lot better than regional markets. Take a look at the chart above, BURSA is traded at 33.7% PER premium amongst its peers, highest since 2002. Expensive? Better to take a step backward.