Wednesday 28 August 2013

2nd year Anniversary ! HAPPY BIRTHDAY !!!

Its time again to celebrate my blog 2nd year !
Lets remind myself of my purpose for this blog.....
1) To record my own trading and the way I deal with each trading or investment.
2) To share my knowledge to any readers who is interested in reading my blog or gaining some basic trading knowledge.
3) To earn some advertisement pocket money though still not improving !!!

Hmmm....lets see how long I can continue blogging. I've seen a lot of blogger come & go. Even in my blog list, there are 2 blogger that is not writing for a few months. Well, at least I try my best to put something in at least once a month. Though I do not like to put too much off topics in my blog, I'm quite a tidy person in terms of documentation.

Every anniversary, I believe every investor have to brave through the downtrend. Lets see whether the there is a technical rebound tomorrow to offload my trading stocks in the next few days. Recently, I have purchased Hapseng & Pantech for some short term trade. Both of these stocks I have earn some money last few months, I didnt blog them out as sometimes my schedule is really busy that dont allow me to update here.



Sunday 11 August 2013

Its a bird, its a plane, no ! is SUPERMAN !!! errr... SUPERMAX ?

Just some follow up on my Supermx, just want to create some interested title. Last few days, had a talk with my sis about my blog. She say I should put some more interesting Title instead of boring ones, e.g " Supermx : Aug2013 Follow up. So, here it is, the above title. Hmm, I've been holding on to Supermx since June2013, Its been 2 months and already up 16.7% from my entry price. Well, I purchase on Value Invest strategy, so I will hold on for a while as she yet to near my intrinsic value calculation. Btw, as time goes on, Kossan TTM PE has already chase near the Harta & Top Glove, wonder Supermx need the power of the Man of Steel to boost faster to catch up with his peers as time is running out as when the quarter earning reports started and end around end Aug, I would expect some market pull back (prediction base on past years records).

I told my sis about Supermx that I blogged, she asked me, can enter at this price ? Well, as she is my sis, I wouldnt mind giving her my opinion. I told her, Supermx price has just form a Doji candle and is resisted by 2.33 Resistance line, it would be risky to enter now, if she retrace to around 2.16 would be a good entry point. I didnt advise her on the breakout strategy as I think if Supermx would to breakout, the running is too fast for a person who are not familiar with TA short term trading.

2.33 is a resistance, well, if she do well in clearing this then I would expect the next one, 2.43 and 2.50. By then, I would definitely cash out some money to ease my greed/fear, haha, then i would let him ride till near the analyst FV which is around 2.44 (which is around the next resistance) where I will use some TA technics to perform some trailing stop loss monitoring to take profit for the rest of my holdings. As always, lets see how she goes, time will tell.




Note : Caveat emptor and read my disclaimer on the left.

If you are entertain/like what I'm writing, you can motivate me to write more by :
a) by clicking share to facebook.
b) join as member
c) introduce your friends
d) put in some comments
e) show some interest in my ads also

Saturday 3 August 2013

Malaysia's REITS follow-up

Its been a while since I follow-up on REITS. Those who have been following my blogs, knows that I'm holding some SunReit , IGBReit & CMMT. Since 26/Jun/2013, the reits have confirmed started going downtrend. Well, since I have been buying REITS as my long term investment, I didnt pay much attention on them in terms of their charts. When I say long term, I meant around 3~5 years. Well, as long as their fundamentals are intact, there is no point to do anything since I buying as a dividend play stock.

I plot a REITS index from selected 5 big REITS (IGBREIT, SUNREIT, CMMT, PAVREIT & AXREIT). One can see, there are still in a short term downtrend, and next 2 weeks will be critical in order for them not to fall into a medium term downtrend.

Lets see, after raya, how they goes. If they rebound as per my target, I may do
a swap IGBREIt into CMMT or SunReit to reduce my diversification (or some expert say diworsification, haha). I want to spend lesser time so I cound be more focus.

If they goes down further, I would do some dollar cost averaging, this will help bring down my average price.
I wont cut loss on my Value Invest Long Term Stocks, as there are not much fundamental change on these stocks. So, I have to stay tune and brave thru the downtrend.



As always caveat emptor.
If you are entertain/like what I'm writing, you can motivate me to write more by :
a) by clicking share to facebook.
b) join as member
c) introduce your friends
d) put in some comments
e) show some interest in my ads also

Followers