Thursday 31 October 2013

MP : Malton

Its been a while I post on my Momentum Play.
Did a few MP last few months but just too lazy to post it out.
Last week 14/Oct, I spotted Malton and have a very short trade.
Bought at RM0.865 and sold at RM0.95.

Today a buy signal for my MP strategy flash again.
E=RM0.955. P=RM1.00.
Lets see how this pans out.




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3 Strategies separated into 3 Portfolio

Recently, I have started to separate my 3 strategy and categorise into 3 different portfolio to make it more tidy and able to analyse which strategy gain the most. I will evaluate these 3 strategy every end of the year,

Porfolio 1 (Value Invest - VI)
Buy and hold, mainly for capital appreciation and dividend collection. So, thats where I put my REITS.
Mainly very strong fundamentals and high dividend (>5%) paying company.
This portfolio will be very inactive and demand little of my time.

Portfolio 2 (VaIue Invest with Trend trading - VITT)
I'll buy and sell half when reach 2nd resistance and have the remaining half set with a trailing stop loss.
I will not cut loss if the the trade broke my 1st support instead will average down upon seeing reversal.
Mainly very strong fundamentals and dividend paying (at least higher than Fix Deposit) company.
Will sell all the remaining upon breaking my trailing stop point.

Portfolio 3 (Momentum Play- MP) 
I buy at support/breakout/flag/pattern/sym triangles, may sell all upon hitting 1st resistance, if number of bought shares qty is high, will sell half at 1st resistance and sell all upon reaching 2nd resistance .
I will cut loss upon break my stop loss point.
This one, I will not look too much into fundamentals but at least is not a high loss making company.

Thursday 3 October 2013

Still interested in Malaysia Reits

I found that my recent post of Malaysia Reits drawn the most view page in the recent months. Seems like a lot of silent audience has very keen interest on the REITS that they have bought.

3 months ago (End/June), one of my colleague ask me about what Malaysia stock he should invest in. He is at the age of 50s, he told me he had some money but he wanted to invest in a more secure investment. He actually interested in stocks. I told him, if you dont know much about TA, then you should be investing based on FA. But investing based on FA is a bit tricky as some VERY GOOD FA company share price did not go up instead they are going down or flat. So, in order to have some patience, I told him, I did put some money in REITS for long term purposes. And the 1 things that keeps me going is the dividend (near to guaranteed of around 5~6%). That time I told him about Sunreit and IGBReit that I invested but mentioned HEKTAR gives better dividend (around 7~8%). Then time flies, around Sept,  he see those REITS getting lower and lower, he talk to me again and he mentioned he yet to buy. He told me he worried things may get lower ? I just mention to him this is the best time , SUNREIT was trading around 1.28~1.30. I told him you must implant the courage and strategy, if things go lower, average down using the dollar cost averaging strategy. In the end I think he didnt buy also.

Okay, thats the story part, lets see how M-REITS is performing. They are resisted by 200MA twice and now reversing, if they found a support and form a  HIGHER LOW and and RSI is at oversold. I believe thats the time to enter some position, for me, I will average up/down on my SUNREITS. Currently my cost stood at 1.39 if I were to include all the dividend, it stood around 1.34.

M-REITS seems to me there is a chance of forming a "W" shape reversal or Uptrend line. Anyway, REITS are very slow. So, in order for the shape to form, they may take another month or so. Lets see by then.








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