Thursday, March 11, 2010

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.

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