haio post split and bonus

Hai o continual surges post bonus and split yesterday has surprised me on the upside. Yesterday it up 8%. Today it up another 4.49%. Now its price at RM4.89

by right, post bonus and split, based on price of RM10.5, would be RM4.16 only. The earning prospect of this stock is really so good? wow

haio vs supermax

I ended up buying some haio at RM10.76 after selling out supermax at RM6.08. Haio entry price is not exactly nice, but it prevented me to get odd lots post bonus issue so i think still worth it. Today haio at RM10.58, not bad considering that people would have sell out by now coz it is too late for ppl to buy in to be entitled for bonus share. But let's just see what happen after the ex date 16 march. on the other hand supermax drop to RM5.81. From this fiasco i think the choices made by me is good enough, that i sell out supermax at profit. But it would have been better if instead of buying in supermax in the first place, i kept on accumulating Haio. Haio, with is strong dividend and resilient business with high growth potential, has ended up performing better than supermax lately.

i have also confirmed that now monthly investment limit into yuran koperasi tentera (which has a >12% annual return) has been increased from RM300 to RM700. Naturally, i increase my limit.

how high is koperasi tentera yuran and akaun simpanan khas

for my deposit towards the end of december 2009, early january i already get the 'interest'

surprising it turns out to be per annum

yuran 10%

akaun simpanan khas 5%

really good to serve as a super savings account

supermax

the news today that supermax propose 1 for 4 bonus shares confirms my banker's friend rumour on this issue. But even with that i will still opt to sell out. My buying into supermax is purely trading driven and i not intend to hold it long term. Reason being my current strategy is to buy high growth company with high dividend, of which supermax does not meet the latter criteria

The rationale behind the bonus issue was to increase the capital base of the company to a level which would better reflect the current scale of operations as well as enable shareholders to have increased equity participation through greater number of shares. Let's see whether this bonus issue will have the same effect observed on Haio, where it stock has kept surging up to RM10.7 with PE of 17x at the moment owing to its bonus 1 for 5 ex date 16 March

mean while NTPM continue to have its major shareholder buying its stock.