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Ichi the Killer

Bursa Malaysia stock trading portfolio of nobody really important.

Friday, July 28, 2006

EOD Update (28 July 2006)

CPO futures (October delivery) price spiked up to hit a high of 1,630 today (up $56!), on relatively high volume (Close 1,620 ... up $46). Decided to make a bet by increasing my positions in some plantation counters, the rationale being that if CPO prices remain on a strong uptrend, plantation companies will get a bonus without even needing to raise their production or yields.

So far, the market response to plantation stocks seems to be muted, which is surprising to me, although ASIATIC did manage to close 4 sen up despite being down 4 sen earlier in the day. Maybe there's another aspect which I don't know... or it could be because plantation stocks have already gone up so much recently.

Latest purchases:

EKSONS: +2,000 (0.90) ... Total 5,000

LKT: +1,000 (3.22) ... Total 3,000

ASIATIC: +3,000 (3.48) ... Total 5,500

KULIM-WB: +5,000 (1.66) ... Total 9,000

RSAWIT: +2,000 (1.38) ... Total 5,000


/ichithekiller

Thursday, July 27, 2006

EOD Update (27 July 2006)

As mentioned in the chatbox, I figure EKSONS has bottomed, though still don't really get the rationale for a capital repayment. Hard to pick up in size though....

Latest purchases:

BCTTECH: +2,000 (0.805), +2,000 (0.815), +2,000 (0.82) ... Total 6,000

HIAPTEK: +5,000 (0.815) ... Total 5,000 (2nd round in this counter)

EKSONS: +3,000 (0.905) ... Total 3,000

Latest disposals:

SATANG: -1,000 (1.50), -1,000 (1.55) ... Balance 5,000

MRCB: -5,000 (0.795) ... Balance 10,000


/ichithekiller

Tuesday, July 25, 2006

EOD Update (25 July 2006)

Latest purchase:

SEG: +2,000 (0.88) ... Total 10,000

Latest disposal:

SATANG: -3,000 (1.51) ... Balance 7,000


/ichithekiller

Monday, July 24, 2006

EOD Update (24 July 2006)

Another IRIS-led sell-down in "speculative" stocks. Frankly, this is getting to be such a daily occurence, a lot of us are getting tired of it ... wish it would get over and done with already.

Latest purchase:

SATANG: +5,000 (1.40) ... Total 10,000


/ichithekiller

Thursday, July 20, 2006

EOD Update (20 July 2006)

Another round of Iris-inspired selling today... broke through my stop, so that's it for now...

Latest disposal:

IRIS-WA: -10,000 (0.505) ... Balance 0


/ichithekiller

Wednesday, July 19, 2006

EOD Update (19 July 2006)

Well, nothing much to say, since all the discussion has been going on in the chatbox already. The more speculative counters took another hit today, as we all know...

Latest purchases:

KULIM-WB: +3,000 (1.30), +1,000 (1.31) ... Total 4,000

IRIS-WA: +10,000 (0.625) ... Total 10,000 (Figured it was worth a quick punt, probably figured wrong)


/ichithekiller

Tuesday, July 18, 2006

EOD Update (18 July 2006)

Good move by UEMWRLD today, although UEMBLDR faltered a bit towards the close.

Latest purchases:

GPACKET: +1,000 (3.24) ... Total 5,000

TIMECOM: +5,000 (0.73) ... Total 5,000 (Think this is my 5th round with this counter)


/ichithekiller

Mid-Day Update (18 July 2006)

Been doing a bit of shopping yesterday and today. Strategy is to go easy and spread things out a bit, with nose up for trouble.

Latest purchases:

PWORTH: +5,000 (0.525) ... Total 12,000

MRCB: +5,000 (0.715) ... Total 15,000

UEMWRLD: +3,000 (1.61), +5,000 (1.62) ... Total 8,000

TEBRAU: +5,000 (0.585), +5,000 (0.645) ... Total 10,000

SATANG: +3,000 (1.93), +2,000 (1.94) ... Total 5,000

RSAWIT: +3,000 (1.22) ... Total 3,000

Latest disposal:

OILCORP: -2,000 (1.32) ... Balance 8,000


/ichithekiller

Friday, July 14, 2006

EOD Update (14 July 2006)

So-called speculative stocks took a dive today. Was forced to sell some counters to protect profits and cut losses. Still looking for bigger discounts on certain counters...

Latest purchases:

LIONFIB: +1,000 (2.70) ... Total 2,000

CAROTEC: +5,000 (1.03) ... Total 5,000 (Back in for 2nd round)

Latest disposals:

TIME: -5,000 (0.695) ... Balance 0 (Big profit became small profit)

CANONE: -3,000 (1.21), -3,000 (1.21) ... Balance 0 (Also big profit became small profit)

RHB: -4,000 (1.20) ... Balance 6,000 (What to say...small profit better than nothing)

OILCORP: -5,000 (1.31) ...Balance 10,000 (Small loss based on overall average cost, big loss based on latest purchase price)

Next week is not likely to be pretty either.

/ichithekiller

Thursday, July 13, 2006

EOD Update (13 July 2006)

Latest disposals:

MTDINFR: -2,000 (1.46), -2,000 (1.47) ... Balance 4,000

OILCORP: -1,000 (1.70) ... Balance 15,000

Better safe than sorry...


/ichithekiller

Wednesday, July 12, 2006

EOD Update (12 July 2006)

MTDINFR hit a high of 1.52 today before breaking down in the last 15 mins of trading. It went as low as 1.41 before bouncing back to 1.43 and finally closing at 1.42. Buyers quickly reappeared and replenished the buy queues after massive dumping from the 1.50 level sent it as low as 1.41 ... will have to see what happens tomorrow. I suppose this is one of the risks of going into stocks which are quite clearly being ramped. No problems... goes with the territory.

Latest purchases:

MTDINFR: +5,000 (1.45), +3,000 (1.47) ... Total 8,000

LIONFIB: +1,000 (2.90) ... Total 1,000 (Testing...)

Latest disposals:

OILCORP: -1,000 (1.72) ... Balance 16,000 (sacrifice to the gods... doesn't seem to be working though)

RHB: -2,000 (1.29) ... Balance 10,000

MUHIBAH-OS: -2,000 (0.16) ... Balance 0 (too few to bother about, will go for the IPO instead)


/ichithekiller

Tuesday, July 11, 2006

EOD Update (11 July 2006)

RHB strong breakout today, looks like still has a lot of steam... Tried to queue for 10,000 more, but only managed to grab another 2,000 at 1.15. Still, better than nothing. CANONE and IPOWER still moving too.

Latest purchase:

RHB: +2,000 (1.15) ... Total 12,000


/ichithekiller

Monday, July 10, 2006

EOD Update (10 July 2006)

CANONE and IPOWER started moving today. Of course CANONE was the stronger one, closing up 0.25 while IPOWER "only" closed up 0.105... Since the market has been so choppy lately, I have cashed out of CANONE slightly while sitting on the balance to see how far it goes. For reference purpose, its recent high was 1.67 hit on 11 May, 2006. Today's closing was 1.30...

Latest disposal:

CANONE: -2,000 (1.28) ... Balance 6,000


/ichithekiller

Friday, July 07, 2006

EOD Update (7 July 2006)

GPACKET made a stupendous move today... closing up 0.30 at 3.30. Although I have been talking about and anticipating when it would cross the 3.00 mark these last few days, I honestly didn't expect it to move as fast as this. Had intended to buy back some when it hit the 3.06 mark (after selling some in May at much lower prices), but when I turned on my PC this morning, it was already at 3.22! ASIATIC also closed 10c higher today and seems to be resuming its uptrend.

Latest purchases:

OILCORP: +5,000 (1.68) ... Total 17,000 (got faked into thinking breakout coming)

MTOUCHE: +3,000 (2.87) ... Total 3,000 (difficult to accumulate, almost no sellers below 3.40)

Latest disposal:

IJM-WB: -2,000 (1.24) ... Balance 18,000


/ichithekiller

Thursday, July 06, 2006

EOD Update (6 July 2006)

Looks like 2 other foreign funds have taken up significant stakes in GPACKET recently. Haven't heard of the other one before but the first, Legg Mason, is one of the largest funds in the world. These big guys (including Fidelity earlier) are all still coming in even though GPACKET is now a few hundred % above its IPO price... sure makes one wonder what's in store. By the way, its price finally crossed the 3.00 mark recently...

Latest purchase:

DGATE: +3,000 (1.46) ... Total 10,000


/ichithekiller

Tuesday, July 04, 2006

EOD Update (4 July 2006)

GPACKET and ASIATIC continuing to move well ...although it can be argued that many other counters are moving as well. Still, I like to think that these two have a bit more substance than some of the others which have been making hefty gains.

GPACKET is now almost at the 3.00 mark, closing at 2.96 today ... waiting for it to hit the mark soon and with the right conditions, take off from there.

Latest purchase:

WIMEMS: +5,000 (0.41) ... Total 5,000 (Back in slowly for 2nd round)


/ichithekiller

Monday, July 03, 2006

EOD Update (3 July 2006)

Strong showings from TIME, MRCB and UEMBLDR in the afternoon session today. For the time being, looks like it was the right decision to hold on to these counters. IPOWER made a move to 1.08, but closed back down at 1.05... MRCB finally managed to cross and close above the 0.80 mark.

Latest purchases:

IPOWER: +3,000 (1.06) ... Total 8,000

OILCORP: +3,000 (1.62) ... Total 12,000

CYMAO: +3,000 (1.04) ... Total 8,000


/ichithekiller

2nd Mid-Day Update (3 July 2006)

Latest purchase:

IPOWER: +5,000 (1.04) ... Total 5,000


/ichithekiller

Mid-Day Update (3 July 2006)

TIMWELL uptrend seems to be picking up pace. Time to increase position a bit more...

Latest purchase:

TIMWELL: +2,000 (1.86) ... Total 12,000


/ichithekiller