Wednesday, February 10, 2010

DOW up 150 points!! GREEN DAY ... or is it?

11.20 am : KLCI up 8 points ... AMMB surging up. Hmm ...

I will like to continue to trim my positions(over exposed) after CNY as I m anticipating another deep correction after short bargain-buyings after CNY. And will only focus in a few in hands.

RHBInvest : Parkson, Unisem, QL, Faber, Kossan, Hai-O and Maybank

Ok, I will re-arrange these KLSE's babes in order of my liking : Kossan, Hai-O, Parkson, QL, Unisem, Faber and the least Maybank.

3.30 PM : KLCI up 11 points ... but many retracing after the morning surge.

4.35 pm ; Geely doing well today, up 14% and my queue at HKD3 not done. It closed at 3.53. Well, so I shall wait then ...

KLCI up 13+ points now, leads by AMMB.

TEH

Tuesday, February 09, 2010

DOW down by 100+ points, confirming the bearish outlook with HSI at 19,500 level now. We shall see RED angpows later in KLSE ... as KLCI moving to 1225 level next.

So, I have to trim my holdings to preserve my funds ... in order to buy more when we see lights, perhaps after CNY. At the moment, everyone needs money to distribute angpows/fa hung.

AMMB at 4.60 now ... hmm ... let it go, let it go ... till CNY, then.

EPMB back to 0.420 level will be nice ... but, do I hv the bullets to shoot? Hmm ...

O&G : Liking Kencana, Sapcres, Perisai and Scomi ... Perisai at 0.40 and Scomi at 0.35?

11.20 am : Lunch time for me as I will be too busy again after lunch. I m too busy to even bring my girl for check-up, and now I was told that my dad hospitalised last night. Down ... but not out yet.

KLCI down another 10 points and at 1225!! What a coincidence that I wrote 1225 this morning! Hmm ... perhaps, should buy 4-D no. 1225?? Ok OK ... I will as I didnt buy 4D in years! haha.

Genting at 6.50 ... interesting. I m queueing for Advanta at RM3 this morning but it is not done.
SELL SELL SELL : I sold off IJMLand, Supermax LionInd and Kinstel. All with small losses yesterday. So, I hv to have maggi-mee dinners for few days.

Adventa : Tho I hv managed to cleared some of it at 3.80, I m still holding some bought at RM4.00 and RM3.30 which are drowning ... I will buy more at RM3 and below, as I cleared my Supermax for this.

AnnJoo-wb : This is another I m stucked with now but I cleared LionInd and Kinstel yesterday to collect more of AnnJoo's baby, one of my fav warrants.

BJToto, Genting and MAS ... these so-called KLSE's cool babes are wearing reds too. I will only buy more into Genting at this point of time. No funds for others and as I m eyeing at HKSE.

Geely : Might go below HKD3, if market persists its down-trend. This looks like a sharp knife, and I m holding on to collect more at lower level. Have not determined not this one.

CWP : At 0.72 today, it is falling together with most green-stocks. I will like to see 0.68 and below before considering to increase my holdings.

As water-falls forming AGAIN, and fears are surrounding us ... I will start to be BUSY with markets during my CNY. Yes, I m a very hard-working ants. I work-work-work, then ... during rare off-days, I will work on my other sides of my income. I have my full-time job(quite well-paid), my tuition jobs ... and busy preparing to potentially setting up my center. Also, as markets are diving, I will be cautious as I m becoming greedier ... BE GREEDY when IN FEAR.

4.05 pm : Markets recovering after lunch ... but not all conuters recovering. AnnJoo still depressed lower.

TEH

Monday, February 08, 2010

8.40 am : I will be too busy to read or watch anything today. Busy and tired too. Wish I have the energy of the bull? Haha ... I m just a timid goat, actually.

Tiger beer sold out? People is flying Tiger Airways(listed in SGX yet?) ... and perhaps I might buy a TiGGer soft-toy for my baby girl. Or let my son wearing a 'TiGGer' shirts. Anything to do with tiger, to welcome the Tiger Year. Arrghh ... at least I m in slight CNY mood now. Hehe.

MAS price adjusted, at 2.07 a piece.

25 stocks picked by S&P : Taken from The Star --- read HERE

4.05 pm : WOW ... KLCI down by 13 points - panic selling and we will see this pull-back to be deep ... and we might want to think that markets are reversing. CUT or HOLD? I m cutting off Kinstel and LionInd soon, with some losses. Cleared IJMLand this morning ... with some wounds. OUCH.



TEH

Sunday, February 07, 2010

9.05 am : I had a nice walk on the beach early in the morning ... very nice and soothing. In my heart, I know I will miss all these ... but a U-turn is unthinkable.

So, not to follow my heart this time, I will follow my brain. I will use my karat-ed brain. It has been about 10 years my brain in dormant. Haha ... as I am enjoying my lives in a slow-pace and nice Sabah.

你是我的唯一/巫启贤



Business Investment : Tuition Center

I might want to continue to teach for another 10 years or so, and while giving tuitions and setting up a center will be my next course of actions. Earn ... save ... invest. Earn more, save more ... diversify your investments. So, I do see going into a tuition-business as lucrative. And I m determine to succeed.

Property Investment : A house

With my higher fixed wages, I could apply for higher value housing loans. Subang Jaya properties are expensive. A 'simple' 1200 sq ft house can cost you up to RM250k. And some which I saw in ads were simply ridiculously priced. Will you buy a double-story terrace for half a million??! Anyway, currently I m looking around for a house at Subang Jaya or USJ(ultra super jam) area ... placing a budget of RM250k-RM300k. Since I m in no hurry(a year time frame), I will look into all posibilities ... including through agents, bank-auctions, advertisements or even through recommendations from individuals.

Stock Investment : KLSE ---> HKSE

This is my main invesment vehicle in 2009, and 2009 has been a GOOD year for those in share-markets. But, do you see 2010 as GOOD or even better? KLCI to reach 1400-1500 level? I m skeptical of that view. I think markets will go further higher at a slower rate after CNY for few weeks before the HUGE DIVE. All is concern on how the higher rise of the interest rates affecting the markets overall.

As the China is tightening some loose screws, we are seeing some money/funds moving out. HSI going below 20k now, looking at 18k level for support. So, I shall trim and cut some of my KLSE's babe ... and looking to BUY and focus in HKSE's babes - China's energy sector will be my targets. As many readers will have known, I do like WindPower the most. Solar stocks will be doing well too in near future. So, LongYuen suits this idea of investments. Comtec Solar's price is still reasonable, and solar stocks were struggling in 2009.

I have started to BUY in Geely, for China's auto play, will be glad to buy more IF market collapse!! Will it go below HKD2 again? We shall see ...

Education Investment : Attending courses

As a novice, I hv always wanted to attend some courses, in trading and investments, of coz. So, I will invest some money and time into these courses, to learn the real and actual ways of investments. Mind you, I m still very raw - a mere 2 years old in markets - so, it is only logical to attend courses to increase my knowledge. To many who are reading these lines ... I have a confession. I m a NOVICE. I know nothing much about trading/investing ... and everything I know about are through reading books. I m trying out some theories that I read about and some work, some dont. I m in LEARNING process. So, please DO NOT follow my buyings. There are MANY good stock blogs which could give you a better analysis, I bet. Mine is an kopi-tiam uncle chatting about share markets. Once a while, will talk about family and works. Hehe ...

Anyway, my points have been repeated many of times as many asking me about some certain stocks etc etc like I know a lot. I DONT. That is my humble confession. Take my blog as a pleasure reading ... AFTER you have read all the other blogs or articles in THE EDGE and financial MAGZ. I no longer have time to read.

Have to run to for tuition classes till 3.30 pm again. Then, by 4pm I will be in KKIA and reaching USJ around 11pm, as I travelled by plane-bus-LRT-bike.

Well, have a nice weekend. I wont have weekends for another few months!! :(

4.50 pm : At KKIA(T2) and finally I have an hour to relax and will catch a nap on the flight later. CNY is next weekend, and I have NOT do any shopping for it. Well, I dont even have the CNY atmosphere yet. I m too busy to notice. When I m back home around 11.30pm, my wife and kids will be sleeping by then and I hv to continue to mark some test papers, hoping to give back by tmr, if possible.

Ok, going to read newspaper - online.
TEH

Saturday, February 06, 2010

Lunch time - DOW managed to close slightly above 10k, but crude oil at USD71 now, might test 70 level soon.

10.20 pm : Tired as I was teachinf from 8am till 9.30pm. Watching Liverpool leading by a goal now against Everton. Derby-game.

KLCI might go lower next week due to CNY, and profit taking time. Even I hv to cut one or two to get some money in the bank, just in case I need it for CNY ...

MAS : I kinda like MAS ... but I just booked AirAsia for my flights!! MAS a BUY at 2.50 for me. So, I might trim some or cut off some to acquire more of it. MAS ... now, everyone can fly?

10.45 pm : Finally, Liverpool won 1 - 0.

TEH

Friday, February 05, 2010

DOW down by 250+ points, and went below 10k below closed a fraction above 10k, at 10,002. Well, we are seeing some panic selling ... and it might affect the rebound of KLSE. We might be seeing RED again ... and I might be trapped if I refuse to 'run' later ... will wait to see later, and perhaps cut-off next week. CNY is near ... and I do need to give angpows.

KNM take private by Lee? Well, 90 cents is good for those buying at current 0.75 level but we are unsure if he could push it through ... O&G stocks should be doing well by next year or so.

KLCI down 16 points. BUY BUY BUY ...

Queues : Genting at 6.80 and AMMB at 4.70.

9.40 am : Genting done at 6.80. As expected KNM, moving higher ... touched 0.85, above 0.80 easily in the sea of reds ...

10.30 am : HSI opens with 500 points lower, going below 20k. Now, Qinfa is back to 2.05 level(I sold at 2.60) and I dont have enough bullets to shoot. I have to wait till I cut-off a few ... and aiming it at 1.80 level. CWP back to 0.75 levels too, which I will like to grab more at 0.68. With Geely back to my purchase price of 3.30, I need to prepare more bullets ... to buy. I will be trimming others while focusing in a fewer which I like : Geely and CWP. So, I might hv to let go of Qinfa and LongYuen which I m eyeing.

As I m starting to buy into Genting, I will continue to collect more of it. Its RSI going below 30 and at 6.80 level is its strong support. Next support seena t 5.98 levels. Buying more if it goes below RM6? By then, it is a market reversal ... as KLCI going below 1250 level now. Will we be seeing 1200 level for CNY? Is the TIGER going to roar or the BEAR taking over?

12.25 pm : KLCI closing 12.5 points lower for lunch, with 550 counters in red. I saw Redtone-LR traded actively, explaining to me why Redtone's price plunged lower than 0.30 level. A check on GPacket seeing that it is below 1.20 now, with GPacket-wa at 0.60, the entry points I placed last week. With such a bearish outlook, I m going for Genting and AMMB and wont touch speculative counters.

6.55 pm : LCCT - to KK

KLCI closed 17 points lower today, with many heavyweights losing grounds. Genting closed at 6.78. Ok, will re-check the waterfalls I wrote last Friday when my flight delayed, and yes, ... today the flight delaying again for half hour(not as bad as last week).

10.30 pm : Reached KK and need to rest soon after the long journey. Will have classes from 8 am till 9.30pm tmr and also Sunday 8 am till 3pm before flying back to KL, for yet another looong tiring week. I hope I could remain strong to go thru these ... a test of endurance.


TEH

Thursday, February 04, 2010

12.25 pm : Lunch time - catching a glimpse of the markets. Need to go again ... till 9pm. By then, I will be too tired to on my pc to check on the prices. I need to get the i-phone and 3G things so that I could check vital signs of my portfolios. SOON.

IGB : A buy at 1.80 level.

916 : A number to remember for Malaysians. I will be looking into it.

TEH

Wednesday, February 03, 2010

DOW up another 100+ points ... well, will KLCI respond positively too?

It is almost 7 am now, I m already in office - need to grab something to eat before yet another crazy looong day till 7.30pm today. I m so so busy that I have not paused awhile to read other blogs for some time, or even biz-news. I do not have a TV yet, so I missed all those stories. I know nothing much of the going-ons ... so, I will just continue to buy what I m holding on, and sell IF any rebound strongly. Otherwise, I will become a looong term investor!!

Will buy Adventa at 3.15 and 2.80 levels next.

9.25 am : I saw Kinstel, Muhibah and E&O at 1.02 level. I shall check on these three by END of THIS MONTH ... guess who shall come on top? NOTED

12.10 pm :Teaching excellent kids some kacang-putih stuff is a challenge to me. Yes, I m currently teach a class of students some basic Maths but these kids, their Maths could be said at the top 10% in our country!! One of them will, as always, get the Top of the World award in Maths ... and many more will get merits awards.

So, it is kinda ... 'difficult' to teach these so-called excellent students Maths? Many of them do not even lift a pen to write or do those questions I m giving as it is deemed to be 'too simple'. Kacang putih, as they said. I noticed the girls are more well-behaved and done the questions. It is always the boys? Hmm ... one of them is the National Math Champ last year!! A challenge of brain ... luckily I m not that bad in Maths myself. Phew. Still, their arrogant behaviours irritate me!!

Now ... will you have the patience of teaching a person what 'stock markets' are all about? How do we invest etc etc? We even have to start from ground-zero ... the terms they used etc etc, right? Spare me that ... my patience is thinning. These days we have INTERNET ... use google(no wonder Google stocks doing well. Haha) .... READ and LEARN, ok? Or attend some courses ... if you have spent 3-5 years doing your basic degree, I dont see WHY you are NOT educating yourself in investments and such, BEFORE venturing into markets? By asking around for opinions or comments is like ... hmm ... what do you think of the number 3645, can come out tmr in TOTO or not? Or should I buy Magnum, instead? Silly.

I m not refering to a kopi-tiam uncle or a taxi driver telling me LCL is a buy now, ok? Or MAS is a sell as we have the TP(target price) at certain price? Who place the TP, can I ask? The 'irresponsible' and un-accountable stock-analysts who work for some IB or broker houses, right? Should we take heed? Or, should we ignore the noises, read what is needed and THINK independently? Or perhaps ... shouldnt we be a contrarian, instead?

I dont know ... I dont have the time to reply to e-mail and such. I do know that I learnt NOT to listen to others, especially your brokers/dealers. I feel that the TP is NOT relevant in what I m going to do(buy/sell ... hold or dont touch). Besides, I m too busy now to know the going-ons. So, logically, I should just follow some policies in investing - buy during a pull-back. Buy those fundamentally strong that you like. Then ... HOLD. Hold forever, if u can.

4.15 pm : Just finished my classes in college and going for another tuition class now.

Rubber stocks moving higher, IRCB ... I dont touch. But, I m holding Supermax at 4.91 which I will be glad to clear at 5.50 soon(at 5.34 now) and Adventa which I bought at 4.30 yesterday before market closing, to clear them at 3.65 level.

Redtone : Can I know what is going on with its chart? It dropped down yesterday, to 0.265, and touched a low of 0.26 today. Why? Need to check before moving back into RedTone.

TEH

Tuesday, February 02, 2010

8.15 am : DOW simply refused to go below 10k level, instead shooting 100+ points in a bargain-buying, with many in my list gained more than 5% this morning. Crude oil moving back to USD75 level. Gold still stands at 1100 level, and we might be seeing 1200 level soon. This positive sentiment could build a base for traders to move in back to KLSE, and we are expecting a positive results today ... perhaps in this coming few days before CNY. I do expect KLSE to go flat or low before CNY as everyone needs the money to give angpows.

As I was busy buying last week, I do hope to clear some this week IF there is such a rebound.

To add : IJMLand(at 2.15) and/or Perisai(at 0.49).

11.30 am : Lunch time for me, KLCI up 5 points and HSI recovering too. Geely at 2.60(enter 2.40) and CWP at 0.78(still have some at 0.82).

Rubber stocks retracing further ... I wont touch IRCB, but I just grabbed some Adventa at 3.31 moments ago. IJMLand done at 2.14.

Lithium : Looking into WLC. It is up 14% yesterday, and more upside seen.

TEH

Monday, February 01, 2010

8.25 am : Classes start from 9 am on Mondays, and will be busy right till 7pm, at KLCC.

It is KL's day today ... I think Brusa should be closed today. I dont know as I was too busy shifting my wife and kids to SJ here over the weekend. I m flying back to KK again this Friday, leaving my family here.

Time to get back to my work - the workload here is about 4 times of KK's college. And the KK's college is counter-offering me a higher pay, requesting me to consider to move back to KK. Arrghhh ... well, tho I do appreciate the offer, and also love KK very much more than KL(I love real jungle, not concrete jungle) ... I have my things settling in KL here. It is un-thinkable at the moment for me to move back to KK ... unless my wife and kids couldnt adapt to the 'liveless' lifestyle here? Hmm ... I shall proceed with my plans, tho I m very tired.

Ok, as for KLSE ... any rebounds will give me the opportunities to exit. I will be glad to sell many of my holdings which I bought for the past few days for 'small' gains. Then, I wish to rest from market, to enjoy my CNY here with my family. If markets are REALLY reversing(quite likely ... but dont know when), one should be patient to wait. I m seeing a huge dive(talking about it since last year! Haha) ... and will dare myself to move into US-market and HK-market again. So, I do need to sell my KL's babes.


TEH