Thursday, July 9, 2009

stick to own choice when u feel good

today haio surge pass RM5. its increase in price has been out of my expectation. actually, few month back when i told my friend i wanna buy haio, some of them don't agree with me. One told me the company is making too many small stock buy back. another told me other stock is better, namely Hartalega. Harta is a glove manufacturer. After i compare, harta's earning is respectable. But it is in a cyclic business which is harder to judge. furthermore, its dividend pale compared to Haio. Looking at such prosopect i see no reason to choose harta instead of haio. As such, i still bought into haio.

with this, it again strengthen my believe that don't be influenced too much on how other people feel about the stock you have chosen. If you have done your homework and decided on it, just do it.

of course there is risk in haio :) but that's another story

Tuesday, July 7, 2009

bullish haio lousy cimb clicktrader

haio keeps its up momentum
it is again my portfolio allocation time. today it is RM4.8 having increased from my last buy in price of RM4.15. just yesterday my friend has bought in at RM4.6

i've actually tried to buy in , but stuck with the super lousy CIMB clicktrader trading platform. i vow that until they improve their service, today will be the last time i will use clicktrader to buy stock. the system is super slow, unresponsive, and makes trading so cumbersome, inefficient, and next to impossible. Mind that i'm using a T1 line, of which the speed bottleneck is not on my side. the platform also hangs on firefox. I deem all this as unacceptable, and a shame on a big bank like CIMB.

actually, haio profit is good, but the momentum of its stock price increase seems something too bullish. anyhow, it is my portfolio plan to include it so i think i won't about its short term price increase. as such i will buy in.