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Ichi the Killer

Bursa Malaysia stock trading portfolio of nobody really important.

Wednesday, January 31, 2007

EOD Update (31 January, 2007)

CI +7.93, but 571 Losers against 312 Gainers. GPACKET seems to be picking up steam after recent slide and consolidation, hitting a day high of 4.94 before closing up 28c at 4.90. UMW also moving strongly, adding 60c to 8.95.

Latest purchase:

TOMYPAK: +5,000 (0.695) ... Total 20,000 (manufacturing costs should have declined of late due to lower cost of materials)


/ichithekiller

Thursday, January 25, 2007

EOD Update (25 January 2007)

UEMWRLD moved strongly today, at one point hitting 2.30 (up 33c) before settling a bit to close at 2.26 (up 29c). Strangely UEMBLDR did not really follow this strong move, as these two normally move in tandem.

LBALUM retreated further today to close 7c down at 1.03. At this point, I'm not worried and don't see any reason to be.

MAEMODE and its -WA continued their recent uptrend with good moves today, with the -WA outperforming the mother share (up 20% or 9c to 0.54).

No trades today.

/ichithekiller

Tuesday, January 23, 2007

EOD Update (23 January, 2007)

Take a look at this ... ain't it a pretty sight? Have a good think about this and then decide whether we can or have what it takes to continue to buck the trend...

Index

Straits Times: -12.30 / 3,132.90
KLSE Composite: +11.27 / 1,169.12
Nikkei 225: -15.61 / 17,408.57
Hang Seng: -2.52 / 20,769.70
Thailand SET: -6.03 / 649.09
Dow Jones: -88.37 / 12,477.16
Nasdaq: -20.24 / 2,431.07
S&P 500: -7.55 / 1,422.95

Back on our Bursa, timber still looks OK to me. Some steel-related counters went through horrid reversals today from their day highs, for eg. KINSTEL, KINSTEL-WA ... could be a warning sign. Better be careful.

/ichithekiller

Tuesday, January 16, 2007

EOD Update (16 January 2007)

Sold IJM-WB 1,000 today @ 3.50 .... Balance 2,000 .... gotta rush off.

/ichithekiller

Friday, January 12, 2007

EOD Update (12 January 2007)

First post for 2007! Haven't posted anything for a while partly due to hols and partly due to the worldwide internet problems arising from the Taiwan earthquake. Anyway, my earlier "gut feel" after the short December 2006 correction that several factors had lined up for at least a mini-bull run seems to be holding true for now, despite numerous doom & gloom opinions coming from many fronts. Not sure how long it'll last though ... doesn't matter much to me anyway. Either way presents opportunities to buy or sell different counters.

After a short correction, Nylex made a strong upward move today to re-test its recent high of 1.52, managing to close at 1.51 today, up 12c. If conditions remain right going into next Monday, I rather think it could easily move past 1.52 on to the next level.

IJM-WB made another fantastic move today, hitting a day high of 3.26 from its last close of 2.79. It ended the day at 3.14 (up 35c still). There could still be some upside as the mother share moved up 55c today to 8.25, which is still below several analysts' stated fair values, I've been told.

Latest purchase:

NOTION: +5,000 (0.53) ... Total 5,000

Latest disposal:

IJM-WB: -2,000 (3.18) ... Balance 3,000


/ichithekiller