Portfolio ~ 30 Apr 09

Happy Labour day !

Portfolio ~ 29 Apr 09

Injected Rm 2,000 for April capital.

Bought 5,400 shares of Leader at 53 sen yesterday.

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Portfolio ~ 24 Apr 09

At least can sleep well these weekend ..... thank you .... thank you .....
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Zhulian & Analabs

Let's compare for fun ...

Zhulian
Cash after Total Liabilities RM 0.13
Current asset include liquid security at market value after Total Liabilities RM 0.43
Current Share price RM 1.16

Analabs
Cash after Total Liabilities RM 0.26
Current asset include liquid security at market value after Total Liabilites RM 0.89
Current Share price RM 0.86

By Balance sheet comparison, it is obvious Analabs is more actractive than Zhulian.

How about earning. This is a little more tricky.
Analabs projected EPS will be at 18 sen per share.
Therefore it will be trading at PE of 4.8

For Zhulian to trade at PE 4.8 , its earning should be at 24 sen per share.
And even if Zhulian able to earn 24 sen per share, its balance sheet is still far less value compare to Analabs.

So, for Zhulian to be at par with Analabs value, either Zhulian must be able to earn more than 24 sen per share or Zhulian should trade at LOWER SHARE PRICE.

Stock Selection ~ compare, compare, compare...

Dear Ringgityen,

As we know when come to selecting which stock to invest, one thing that we need to do, is comparing one stock with another. Why stock A, and why not stock B or stock C ? One obvious answer is because stock A appears more actractive COMPARE with stock B or C.

B and C may have a very good earning, very high net cash, and no debt ..... but COMPARING to stock A which have BETTER earning, HIGHER net cash and no debt, will make stock A more Attractive.

Another situtation could be the price comparison.
B & C might have a better or higher earning and net assets .... but their current trading price is too HIGH compare to price of stock A, and this will make stock A more Attractive again.

And as you raise it, the short history of earning (eg. newly listed stock or less than 5 years), will make the future projection of its earning more difficult and usually resulted in higher probability of error. So, to avoid wasting my time analysing something which will resulted in high probability of error projection, I will just skip this newly listed or young stock.

Portfolio ~ 15 Apr 09

Market always full of surprised ... sometimes nice and sometimes nasty.

I am still to stunned to comment on anything !

Oh well, if it drop tommorow, .... I hope my net paper profit of RM 6,000 will be enough to cushion my fall, and keep me at least above the water.

Congrates to other 'Investlah' comrades ... but do keep vigilant.

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Portfolio ~ 14 Apr 09

Bursa went up 1.3 % , and my net profit for 2009 already touched 16.5 % in less than 4 months !

One word described it all ~ CRAZY !

Too fast, too soon, too high ~ but I am too STUNNED to do anything !

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Portfolio ~ 13 Apr 09

Leader shot up to 51 sen.

Analabs stuck at 84 sen.

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Oh well .... when some stock go up too fast ... it might come down fast too.

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Did some peeking on NSTP, it seemed to depend too much on 'non-current asset' to operate.

There is an improvement on Total Liabilities and Net Current Asset.

Anyway, I used to hate its paper ... I'm not sure how the papers doing now.

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Maybe I will put it in "will be review again if got too much free time" basket.

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Portfolio ~ 10 Apr 09

Yesterday was Good Friday ...and the Good Friday was really Good.
Everything went up !

I did not sell-off anything from my portfolio.
Therefore, all the profit will stay as paper profit.

What will happen on this coming Monday .... will it be 'Black Monday' ... ?
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Portfolio ~ 9 Apr 09

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Today no trading for me.

Najib announced his cabinet just now.

Not much change for my portfolio.

Analabs and Leader remained more or less the same.

Tomorrow Sarawak state holiday for Good Friday.

Did some screening on Hexza ... will put it on the 'waiting for better prospect' basket.

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Portfolio ~ 8 Apr 2009

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No trading for me today.

Election result BN 2 PR 1
So what is the effect of this result to my stock or even others people stock ?
The answer is NOTHING !
They were just a small election on some small remote area !
Been to Bukit Gantang ? Nope.
Been to Bukit Selambau ? Nope.
Been to Batang Ai ? Err .... more than 5 times. Holiday at Batang Ai resort maa...

Oooo ... KNM hanging on at 43 sen.
For how long ?
Tonight crude oil inventory will be out.
My take will be 'OVERFLOW' again.

Oh well, Analabs stuck at 82.5 .... thank you.
Leader came down to 44.5 sen .... at least I got a few night of sweet dream.

Planning to inject some capital for April investment.

Ops ... I almost forgot about TAX filing must be done by this month !
Aaaargh ! Busy ... Busy ...

Portfolio ~ 6 Apr 2009

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Leader shoot up to 47 sen !
It is always like that ... the market will always surprised me.
May be tommorow it will drop to 17 sen ... oh well, who knows.
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Anyway, my portfolio still holding on
.... I am very grateful so far, but then I still need to prepare for the worst.
No borrowing money to invest, never use emergency or standby money to invest.
Invest with extra money which I am not going to use for long time.
Continue to follow the company prospect, external environment, management and balance sheet standing.
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And not to neglect my health, my family and my society too.

Portfolio ~ 3 Apr 2009

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No trading for me today.
KNM 43 sen ... crazy, BUBBLES in the making.
Anyway .. wish KNM investor luck.

My portfolio still so~so , at least still can sleep well as usual over the weekend.

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Portfolio ~ 2 Apr 2009

***** click on the image to enlarged *****

Today no trading.
KLCI up 2.36 % breaching the 900 points.
My Analabs go up a little, Leader too.

I am lucky so far .... and sincerely I'm grateful for that.
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Portfolio ~ 1 Apr 2009

*click image to enlarged

Today no trading for me.

KNM trade at 40 sen.

I read somewhere oil inventory will be out by tonight, and it should be another record high.

So far my return on my portfolio still up and down, and then down and up again ...

Oh well .... no complain from me though.

Supermax ~ Debt Up, throwing more money to assosiate

click image to enlarge

Full year report showed that Supermax has incured more DEBT up by another RM 58.9 millions with current Total Liabilities standing at a whoping half a BILLION ringgit !

After impaired off the APLI by RM 16.7 million, the investment in associate still went up by another RM 21.7 millions, in other words, Supermax still plowing another RM 38.4 millions into other associates company !

Once bitten, will always got bitten... again and again ... Supermax never learn maa ...
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