As you can see from my previous posts, past few weeks made mistakes here and there. But I already have strike few gold and silver. And also have more experience in analysing (rather than waiting for analysts) and that will be good for my long term investment.
Nobody like to lose if it is important. I also don't like losing money, but if this is the risks that I have to take, I will take it provided I can limit my losses.
On an average, I don't think for the past few months I lose because I strike some gold and silver. Maybe made less.
Vitrox.
Sold some RM3.9x and RM3.8x for portfolio adjustment. PE is not low, result normal only. Loss on the cost RM4.00/RM3.9x but gain on others as my first entry was RM3.4x, kept adding. Average I think RM3.5x. Also due to Dollar Cost Averaging, buy more quantity when price low.
EG stock.
Result normal. Growth potential still there and PE ratio is low. Will be listing their Thailand unit soon. As I study more and more, couldn't wait and purchased more. Now want to cut some. Not that it is not good, but for portfolio management.
KESM stock.
Entry at RM5.xx and added RM6.7x and added again RM8.1x. Will add again, see their quarterly result how.
JHM stock price.
Result good. First entry RM0.7x and added all the way to RM1.4x. Up 100% already.
Current EPS X 4 the PE ratio is 10 times, not high. The current JHM profit is without their future expansion into aerospace market and without significant Japan and Europe markets. Once in, good time ahead.
Also plan to transfer to Bursa Main Market in 2018. Excited about this. All info I have gathered without analyst's report.
Fibon stock.
Cost RM0.5x.Will add one more round if no other choices. About half of the price is cash.
Opensys.
Maybe I have not shared this Opensystem before. Entry for Open System RM0.2x, RM0.27 if I'm not wrong. Went up to RM0.40 and now came down to RM0.345. Growth is from banks' ordering of their 2 in 1 machines. Cash deposit and ATM machine together. What we see is ATM and also Cash Deposit. Later will be more 2 in 1 machines. May add more. PE not cheap.
TGUAN stock
Nothing much to say. Just hold on.
Oldtown stock.
Not mine, Newbie. Growth from coffee packets and overseas market are there, but may drag down by local outlets. Many foreigners working in their kopitiam. Up to newbie whether to buy more, sell or hold.
IQGroup just hold on. Will not add.
Added AWC at RM0.8x. Entry was RM0.38x. Another of my stock 100% up, but now drop to RM0.745.
Also added AirAsia stocks at AirAsia share price of RM3.0x. Entry RM2.7x. It seems everyone also trade AirAsia stock. I also join the bandwagon, many analysts also recommended buy with AirAsia target price fair value of RM3.18 to RM4.65, with the exception of Public Bank target price fair value of RM2.50. My entry was late, higher price. Same as Airasia air ticket, buy earlier cheaper.
Forget about Supermax.
DKSH stock.
Starting buying DKSH stock, entry RM5.1x and RM5.4x. I know my entry is a bit high, but it just jumped up giving me no chance.
See what the company said....
Prospects:
The Group continues to take a positive outlook on 2016. Market conditions are relatively stable. Costs remain stable and no major expenses or infrastructure upgrades are planned in 2016 as the infrastructure has now been put in place to support the growth currently being experienced. Revenues will continue to be below prior year due to the change in telecommunications client, however, revenues for existing clients are expected to continue to grow. The client and customer portfolio remains well diversified and supported by a strong sales, marketing and distribution infrastructure with a capillary distribution reach. With a scalable business model, the Group offers a comprehensive portfolio of services along the entire value chain, customized and tailor-made to clients’ specific needs.
Furthermore, operational risk management processes and controls, supported by an industry leading IT system, continue to support the existing businesses as well as new clients. Two market trends additionally support a positive medium-to-long-term outlook for the Group. Firstly, the growing middle class in Malaysia supports the demand for consumer goods and healthcare products. Secondly, manufacturers increasingly focus on core competencies and seek specialized service providers in order to grow the market for and with them.
No hurry to add. As they add more products to their list, more profit. Previously they have spent on relocation and others, moving forward is the time to harvest. Coming quarters may not be good but subsequently will be clear sky ahead.
My plan is to add JHM, KESM (depend on result), Fibon, Opensys (maybe), DKSH, and further study on AWC.
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http://politemarket.blogspot.my/2016/08/airasia-jhm-dksh-awc-kesm-opensys-eg.html
