NSCOM: First Lesson Learned

After bought 10 000 units of NSCOM shares at 0.1975, the counter hit highest price of 0.205 two times and 0.21 once (oppurtunities for me to make more money). As one of my objective is to reduce broker's charge, I decided not to sell the shares. Today, the current price is at 0.19. I could have make RM125 and buy NSCOM at cheaper price. Well, first lesson learned.

SBB Recommendation: Buy GHL System Bhd

SBB revised GHL System Bhd estimated net earning from RM 6.9m to RM 10.9m. Target price will be at 0.20cents (current price at 0.12). Interesting part is that, GHL plan to roll out the self-vending card at mamak kiosk in October. Don't know what's going to happen.

1)GHL shares were issued at 0.10 cents.
2) The company is making money.
3)Current price is at 0.12 cents.

This will be my next favorite shares to collect after NSCOM.

NSCOM up!

NSCOM up to close at 0.205 today. Have a confidence in NSCOM and would like to see what happen when 015 is launch. Will try to get MBFHLDG-W at 0.05 tomorrow.

RicherMalaysian Portfolio WW3

RicherMalaysian portfolio "unrealised loss" reduced to 275 as NSCOM and ENGTEX both closed at higher prices. Realised gain maintain at 100. Our current strategy is to watch and see the Rita's impact on the market.

KHIND to think about..

KHIND just recently announced an interim dividend of 5cents. The ex-date will be on 5th October 2005. Currently, this counter price is on the up trend. It's also a volatile counter. The interesting part is that this counter is not expensive (today it closed at 0.775). Sure is a good counter to consider to get benefits from the dividend and also from the price volatilities.

PLUS CA is at Discount

PLUS CA offer a cheaper entry to PLUS. With yesterday price closed at 0.44 and exercise price at 2.79, total price will be at 3.23 a unit which is 0.07 cheaper than PLUS(3.30). This happen probably because of the extra charges to exercise and also the longer time taken to do the conversion. However, considering the right volume, this is almost a sure gain.

RicherMalaysian Portfolio WW2

Last Friday, KLSE closed at 921.99.(Bien!) RicherMalaysian portfolio "Unrealised Lost" has increased from RM295 to RM395 due to the NSCOM and ENGTEX stocks' prices drop. However, RicherMalaysian portfolio do gain RM100 "Realised Gain" as we able to sell 10000 unit of MBFHWA at the price of 0.06 each(Highest price of the day). Current objective is to lower down the average Buy Price for ENGTEX and NSCOM and usher the cheap warrant counters for short term gain.

KLSE Up by 4.91 Points!

Today, KLSE closed at 4.91 points higher! Despite the news saying that Malaysia CPI(Consumer Price Index) spiked 3.7%, which is higher than consensus of 3.3%, the market had showed a positive reaction. Our PM must have worked very hard to sell Malaysia to foreign investors. Let's hope it pays off.

OSK Recommendation: Buy Kotra

Today, Kotra counter closed at 1.36. 2 cents increment after closed at 1.34 yesterday. OSK put a Buy recommendation due to good performance showed by this pharmaceutical company. 12 months target price is at 1.54.

+++:

• Revenue had been increasing.
• Has paid 6 cents gross dividend per share every year since listed.
• Strong brand name. (Axcel, Appeton and Booster)
• Overseas market grew by 28% in FY05.
• Expecting a new factory at the end of 2006.

RicherMalaysian Portfolio WW1

We name our portfolio RicherMalaysian portfolio. This portfolio reflect our actual transaction done in Malaysia Bourse. Current RicherMalaysian porfolio is as above. Lower down NSCOM average price will be the next priority. However, if the price start to picking up, will maintain 10000 units for NSCOM. Target price for MBFHWA will be at 0.06. Will keep ENGTEX and my fingers cross for the rebound.

Stock To Watch: NSCOM

NSCOM announced that it's going to launch 015 in October. Using VoIP as the communication tool will be very interesting indeed. For sure, this will provide a cheaper channel for users to communicate.

Voice over Internet Protocol (VoIP)
-Allows telephone calls using broadband Internet.
-Converts the voice signal from our telephone into a digital signal that travels over the internet then converts it back at the other end so we can speak to anyone with a regular phone number.

KLSE drops by 2.27 points

Expected drop because of profit taking. Titan closed at 1.55. Even hit 1.59 today. Sure is a good counter to watch!

KLSE is UP!!

Up Up and Away! KLSE index had inreased 7.43 points today to close at 919.07. NSCOM closed 5.56% higher at 0.19. Will NSCOM shareprice shoot up to 0.22? I certainly hope so. Let us wait and see!

Buy price: 0.1975
Total Unit: 10 000
Total Value: RM1975
Current Value: RM1900
Target price: 0.215

KLSE shows a positive sign

KLSE is up 1.9 points today.

Hurricane Katrina's real impact on the oil crisis is started to show up. Yet, the oil price felldown as Industrialized countries began to tap their oil reserves. Some refiners hit by Hurricane Katrina is also getting ready to reoperate. This is a good sign to the market. Oil price most probably will maintain per current and felldown as the U.S refiners get back on their feet.

Titan Chemicals Corp shows good result

Titan Chemicals had recently declared a revenue of 2.15 billion for 1H05 which is 35% higher than 1H04 revenue. This outstanding result contribute to 112% profit improvement and an EPS of 17.43 . Sure is a good counter to pay attention to as the "Issue Price" was at 2.17. Today, it closed at 1.46. Hmm..

- To my dearest sister Wan Amalina; Happy Birthday to you(Sept 4th)! Wish you a rich and wonderful life ahead!-

Virtual Factory

Finally, I've completed my "Effective ShopFloor Leadership Management" training. Wow! It's great to hear stories from a person. You never know what you are going to get! Today, my trainer shared his experiences in setting up a Virtual Factory in his kampung, Jelutong. I'm not so sure when he did setup his Sewing Virtual Factory but I think I heard he said about 20 years ago. Nevermind. Regardless of happy ending at the end (his factory makes millions now), his (and 3 other friends) idea of seting up a Virtual Factory by running a small lorry(I think) to send and collect materials from those mothers who do all the sewing at home really excite me.I can't imagine how beautiful the experiences of putting the thought into reality. Well Mr. Khoo. I salute you for that. Salute!

TESCO in Kulim..

I had a training in Kulim Golf Club today and had a little chat with the trainer. There are a lot of positive things he mentioned about Kulim. He said that there'll be TESCO and a highway straight to Sungai Petani soon (maybe in 5 years time) which are going to make Kulim a good place to invest (property). For me personally, I still prefer KL properties. Yes, there'll be changes overtime in Kulim, but no matter how fast it is changing, KL is changing faster. But who knows, in the future, I might consider Kulim as the Kulim Hi-Tech has a high potential to draw the crowd there. After all, Kedah Maju 2010.