.comment-link {margin-left:.6em;}

Ichi the Killer

Bursa Malaysia stock trading portfolio of nobody really important.

Thursday, March 29, 2007

EOD Update (28 March 2007)

Sold yesterday and reported in Cbox, but didn't have time to update till now. Cash pile building up again. Am waiting for further weakness to pick up targetted stocks.

Latest disposal:

ASIATIC: -1,000 (5.15) ... Balance 0 (my last remaining lot in this counter, been a good nine months)


/ichithekiller

Wednesday, March 28, 2007

Mid-Day Update (28 March 2007)

Unloaded a bit more UEMWRLD .... overall market looks a bit iffy. TEBRAU and MUHIBAH significantly off highs, with MUHIBAH hitting 5.25 this morning before weakening to 4.98 now, but still UP 28c.

Latest disposal:

UEMWRLD: -2,000 (4.20) ... Balance 6,000


/ichithekiller

Monday, March 26, 2007

EOD Update (26 March 2007)

UEMWRLD already surpassed its recent high last week. Today's morning session showed some weakness when it fell from 4.36 (Previous close: 4.24) to a low of 4.16 before climbing back up again to a day high of 4.40 and finally dropping back to close at 4.22. This counter has been very volatile of late, even on an intra-day basis and a lot of money can be made if one is an astute timer. However, that's not me though... unfortunately. Anyway, decided to sell some when it started dipping down the 2nd time today, but only managed to do 1,000 units. Longer-term trend still looks good though...

MAHSING pleasantly surprised with a 24c move today to exactly reach its recent high. Am expecting more upside from this counter.

Latest disposal:

UEMWRLD: -1,000 (4.36) ... Balance 8,000


/ichithekiller

Monday, March 19, 2007

EOD Update (19 March, 2007)

Have been having some problems lately with the blog and cbox. Or it could just be my internet connection and me not having time to try and sort it out. Did some trades recently, updating all in one go here.

Latest purchases:

TIMWELL: +4,000 (1.32) ... Total 18,000

GEFUNG: +5,000 (1.46) ... Total 5,000

Latest disposals:

GPACKET: -3,000 (5.00) ... Balance 3,000


/ichithekiller

Friday, March 09, 2007

EOD Update (9th March 2007)

Nothing much happening for me... taking the chance to increase stake in what I consider to be a laggard timber-related counter. Latest quarter report further confirms earnings recovery on the back of higher sellling prices. With more than RM75 mil cash in the bank and zero debt, I figure downside risk should be limited.

Latest purchase:

TEKALA: +7,000 (0.985) ... Total 20,000


/ichithekiller

Thursday, March 08, 2007

EOD Update (8 March, 2007)

This one is just too attractive for me to ignore. Pity I wasn't around 2 days ago when it was even lower. I had 12,000 in hand before today's purchase at an average cost of 0.99. It hit a peak of 2.10 on 14th Feb, 2007 before the dastardly thing happened worldwide and dropped it to a low of 1.33. Since I hadn't sold a single share before the drop, I thought I might as well try to capitalise on this now as an opportunity to scale up my position size a bit. Hope I'm not getting in on a technical rebound... doesn't look like it though ....

Latest purchase:

NYLEX: +6,000 (1.50) ... Total 18,000


/ichithekiller