Posts

Posted on

MIIF @ $0.53

Buy @ $0.53.

See the matching price lower, so take the risk to get some. Will be risky here as Div = 2.75ct has a very high chance to be reduced after this 1H12 ones (due to HNE having to charge a lower max. Toll rate as ordered by govt in China). Seller CP = CSFB.

Posted on

Popular Hldgs @ $0.215

Buy @ $0.215.

Went crazy, follow LS to Q for some and got it at my highest buy price ever. Suddenly very high volume today = 7358 lots with range = 21ct to 22.5ct. Either Mr Chou had raised his buy price or very likely, invaded by Traders (1 bid = 0.5ct is ~2.4%, very good profits).

Let's see if it'll drop back to 20.5ct or lower before xd (I'm biased as I'm vested but I think with such good fundamentals and likely more years of growth from Malaysia side, very unlikely!). 😀

Posted on

STEng @ $3.26

Sell @ $3.26.

My last lots. A small loss before Div collected but profitable if include Div.  With this sale, I can now raise my target re-entry price to $3.22/3 (from $3.18) but will likely still stick to <$3.20 unless STI crosses 3000 convincingly (hovering aro' 3000 now). Buyer CP = CLSA. 😀

Posted on

Hour Glass @ $1.34

Sell @ $1.34.

Decided to sell my entire stake at one go since there's suddenly enough volume. Still quite unbelievable that small caps stocks (Popular Hldgs also) are trading at PE = 5+, even though we are seeing Revenue + Profit Growth for the past 3 years. Yield = 4.48% is a bit low for me plus the main deciding factor to take profit is the usually super low liquidity (volume). Will buy back again if it ever drop back. 😀

Posted on

NeraTel @ $0.40

Buy @ $0.40.

Also got some more at $0.395 during 5pm matching.

A new stock to my portfolio, was not even in my watchlist! BUT, I was following the recent news as STEng (I am vested here) had made an offer @ $0.45 (inclusive of a 6ct Div if successful) via a "Scheme" which failed during voting last Friday. Since 'Scheme' is not approved, then no Div = 6ct which may explain the 5ct drop.

From VB forum, those who'd been shareholders of NeraTel for many years, had posted the good 10% Yield (based on last Div = 4ct), high FCF and almost zero debts, which fits what I look out for in a stock. It's however not a growth stock. Hence, the hasty decision to get vested today. I won't be very surprised if they announce a Special Interim Div for 1H12 (Jun) of 2ct to 4ct as their Cash = 14.93ct / share looks very healthy! Wish me Luck! 😀