EOD Update (19 December 2006)

Huge drop in many counters today, caused by imposition of capital controls on short-term fund movements in Thailand. CI managed to recover slightly to close 21.24 pts down. Continued to throw out counters which breached my trailing stops or cut loss points, but several actually rebounded and ended the day higher than or near my sells. What to do .... at least I had the chance to redirect to other more attractive stocks at more solid bases.

Latest purchases:

GPACKET: +1,000 (3.94) ... Total 6,000 (was queuing all the way down but only managed to pick this up)

MAHSING: +1,000 (3.20) ... Total 3,000 (same thing, no point rushing in to buy)

Latest disposals:

UEMWRLD: -3,000 (1.68) ... Balance 11,000

AMMB: -3,000 (2.95) ... Balance 0

AMMB-WB: -3,000 (0.945) ... Balance 0

MRCB: -5,000 (0.895) ... Balance 0


/ichithekiller

EOD Update (14 December, 2006)

Selling pressure seems to be easing off a few of my counters.... a few more ended up today.

Latest disposal:

METPLEX: -79,000 (0.025) ... Balance 100,000


/ichithekiller

EOD Update (13 December, 2006)

Selling pressure continues but seems to be easing off... maybe just a reprieve.

Latest purchase:

LBALUM: +1,000 (0.825) .... Total 9,000

Latest disposals:

IPOWER: -8,000 (1.04) ... Balance 0

IJM-WB: -3,000 (2.18) ... Balance 5,000


/ichithekiller

EOD Update (12 December 2006)

Quite severe correction today with CI down 13.3 points and 826 losers vs 132 gainers. METPLEX was hit with a delisting notice for failing to submit a viable restructuring plan and promptly dropped 33.3% to close at 3c (at one point down > 40%). I started accumulating some METPLEX as a "side bet" prior to starting this blog, so not sure if I previously reported the buys here, but since I'm reporting all trades now (except one), I will include it here. This demonstrates the danger of "playing with fire", but I was fully prepared to face the risks. Now that a delisting notice has been served, I've no choice but to cut down on it.

Also continuing to cut down some other positions, in case the current correction turns out to be more severe than I expect. Basically, I will do whatever possible to protect current profits and to avoid winning positions turning into losers. If the market bounces sharply, then too bad ... I'd rather be safe than sorry.

Latest disposals:

METPLEX: -100,000 (0.03) ... Balance 179,000

NAMFATT: -5,000 @ 0.45 ... Balance 10,000

JAKS: -10,000 @ 0.47 ... Balance 0


/ichithekiller

EOD Update (6 December, 2006)

Market seemed to be going up nicely when Iris took a tumble and washed its effect over other stocks (again!). Anyway, I've decided to unload some ACB as it has already gone past my original target and I needed the funds for something else. LBALUM dropped quite significantly today, on higher than normal volume. Thought I did well by managing to pick up some additional shares, but it proceeded to go even lower (slightly). Will have to keep an eye on it.

Latest purchase:

LBALUM: +3,000 (0.845) ... Total 8,000

Latest disposal:

ACB: -4,000 (1.09) ... Balance 5,000


/ichithekiller

EOD Update (1 December 2006)

Other GLCs like TIMECOM, FABER, UEMWRLD & UEMBLDR starting to show some life again.

Latest disposal:

IJM-WB: -2,000 (2.28) ... Balance 8,000


/ichithekiller