20% profit on Malton in 3 weeks

As per blog up on 13/Apr, I went back into Malton at 0.9325 on 28/Mar.
Today she has gone up about 20% from my cost price.
I have sold half at RM1 and let the rest ride till today. This 2nd portion I will follow mid term trend trading.
Lets see I can get the most out from her as some say her fair value is around 1.5~1.80. Her last EPS is 8.72
If she can maintain this EPS value for another 3 quarter, then her yearly EPS will be around 34. Giving some discount for small cap, if we target her PE to be 7, then she will at least worth 2.38.
So, lets see whether her fundamental will rock or not.

Update on Pantech & Malton Apr2014

I have been keeping some Pantech under my  Portfolio 2 (VaIue Invest with Trend trading - VITT).  

She did went against the initial trend and went down mid term downtrend for a few months. I update on Jan2014 http://reiccs.blogspot.com/2014/01/jan2014-pantech.html. Finally, she has break above the downtrend and charge towards the short term uptrend. If she can broke the 1.04 resistance, then the medium term uptrend will be confirmed.

I went into Malton again at 0.9325 averagely. I bought using breakout strategy but too bad, she's not breaking through. Now consolidating towards the 20MA, lets see whether there will be a strong rebound to bring her breaking the 0.985/0.99 resistance to reach the psychological resistance RM1.00. Fundamentally she quite good, having all those developments in Klang valleys.

Lets see how both of them goes.

Update on Malton & some comment on Orna

Today I sold my Malton at 0.92 as per my trading plan, sell at 1st resistance using my MP strategy (http://www.reiccs.blogspot.com/2013/10/3-strategies-separated-into-3-portfolio.html)
As I mention earlier I trade on Malton only, not invest. If she were to fly higher, I should not regret as I has plan my trade and I should abide to it, afterall is a profitable trade.

Just some comment on Orna, as the market is very uncertain and I did not study much into the Orna Fundamentals, I set up a very short term trading plan for my Portfolio 3 (Momentum Play- MP)
 I mention in my last post I bought at 1.14 and sold at 1.25. This is a good trade as Orna as at today has 1.12 drop back to below my purchase price.

I add some position in UOADEV at RM2.02 using my Portfolio 2 (VaIue Invest with Trend trading - VITT). Lets see how it goes, she has broken into short term uptrend, and I'm watching closely as she would break the 200MA around RM2.15 to be enter into a Medium Term uptrend. Fundamentally all property stocks' price is too tempting to purchase as they are selling at PE around 7.

Update on Orna & new stock to watch

Last few weeks, I was wondering will I be stopping blogging.
My workload has been affecting my stock analysing focus, thus really didnt purchase anything much lately. Thus I have nothing much to blog. Sometimes, I have something on mind to pen down something, end up to lazy to ON my laptop.
So, lately I decided to push myself to trade something, afterall, RHBINVEST can do all the trading programming strategy at night and let the trade done by itself with all my conditional instructions.
And I would like to make my blog more active again and my loyal fans, pls help to to spread some words out on my blog and also I hope to earn something from my nuffnang, need everyone support :)

Orna.
I sold my Orna at 1.25/1.27 today. Earning about 10% for a 2 day trade.
A good one if I would to judge myself.

Malton
Last trade, I cut loss at 0.895 on 21/Nov/2013.
Here I am again, enter into her at 0.870. I always have this feeling, either I cut loss or take profit, I wanted to re-enter with a lower price. Cant seems to get this persistence out from me. Anyway, I did enter at a lower price than I cut loss last year.
As the market has not been having a very meaning correction in the recent months, I would rather having short trade than longer ones. So, my Profit would be at 0.92. A short one indeed, if the strategy turns out right, a 6% gain in this trade. Let see how it pans out.

MPHBCAP
I did try to enter into her but did able to get in at 1.86, thus didnt have any.

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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