next stock to watch: Pos

After cashing out with some profit from Armada, now scouting for next stock

lately EPF buys into Pos Holdings everyday
26th, 27th 28th 29th 1st august for 5 days already. Not sure what is happening but Pos Holdings is not a very bad company and i think it is worth to buy in a bit, wait and see.

Historical 52 week high for Pos is RM3.74, so if there is indeed some good news to be announced i think it should be able to gain 10% from current price of RM3.19 ?

Bumi Armada

As the second largest IPO after Petronas Chemical lately, Bumi Armada is worth considering for investment.

selling out Haio

it has been busy months for me. eventually Haio looks hopeless to regain its earning momentum after suffering another heavy profit drop. My 'paper profit' has been entirely wipe out. It is still luck that i'm not losing. I've decided to sold off all Haio on end of October, to look for greener pasture.

So, this means i'm not good enough in stock investment, having earned a lot of paper profit but subsequently losing it. I think this is good lesson, not all stock i can simply buy and hold. I am also 'relieved' to find that a columnist in 'Shang Hai' magazine have the same exclamation about his foray into Haio. I cannot still cling myself onto a company with greyish earning prospect, at least in foreseeable future, might as well i try my luck in applying new share in Petronas Chemical. Seriously with market pretty high right now, i haven't found any stock which is very attractive to buy in, although i still maintain my constantly buy in strategy.

i've just started to take CFA class in Penang. It cost only RM1200 per level, good for me. The next class is starting November 2010.

portfolio allocation

today took a look at portfolio allocation


how to 'trade' outside the efficient frontier, in other words, beat the sharpe ratio line?

the way to do it is to do allocation every month, and remodel it every month

HAIO drops

Haio appears as one of the heaviest loser, losing 4.99% by noon today. It has been on the down for the past 2 trading days. What is wrong with the counter? From data it still looks fine, although there are rumours from my broker that the company is playing with account.

By its current price, my entire profit earn has been wiped off, and in fact i'm either near my original entry value or slightly losing.

The bad thing is that at the moment too busy to run a detailed analysis on its data. And since i am at square one, and is about to go for vacation, might as well just sell off to safe guard capital first.

Investors to be punishable for taking part in illegal investment scheme

Authority is mulling over the idea to haul investor taking part in illegal investment scheme in future. Current law only punish those perpetrators of such scheme but is found not enough to stop the activity as demand creates supply. There are many investors who are being duped such scheme but there are many others who are actually joining such scheme willingly and trying to get more people to join in a desparate bid to make more money

genting - sell it

Genting won the tender to setup slot machine casino at New York, pushing its stock price to RM8.2 today. Should sell it :)