RicherMalaysian Portfolio WW98

A Major SetBack

In WW70, we had Karensoft at the Unrealised Gain of MYR750 which we had missed to realise. From that time onward, Karensoft had plunged and currently out of BSKL.

We had never experienced a bitter moment than that as we had lost our investment of MYR 3300.

However, luck was still on our site as in WW82, we successfully sold our Engtex shares which had gained us MYR 2120 and our Overall Realised Gain is currently maintain at a positive number.

Losing money on Karensoft was a major setback. What we have now is only to make a ComeBack!

RicherMalaysian Portfolio WW70

End of WW70, Karensoft Current Value had increased at about 38% of its Total Cost. This condition had yielded MYR410 to the Total Unrealised Gain.

RicherMalaysian Portfolio WW62

Both our stocks closed at high price last Friday. Atlhough Engtex still experiencing Unrealised loss, we are strongly confident that Engtex is going to give us the best of return in the future.

PMIND UP 125%!

PMIND with lowest price of 0.020 on the 27th Sept06, went up to close at 0.045 last friday. PMIND was on our "stock to check out" list last few weeks but we had decided to channel all our fund to Karensoft . Although we knew PMIND's price had the potential to climb up, we could only choose one stock as we had limited amount of fund. We had missed the opportunity with PMIND this time. Let's hope Karensoft put a good show for us!

NSCOM Hit Lowest

On 2nd October 2006, NSCOM had hit the lowest price in a year which is 0.14 per unit. Despite the downward trend, NSCOM surely is a good bargain now. Although the company is young, it has a very bright future and had recently awarded by Frost & Sullivan Malaysia Telecom Awards as Most Promising Service Provider of The Year 2006. NSCOM is definitely in our latest list for “Stock to Check Out”.

RicherMalaysian Porfolio WW57

In WW57, we have bought 30000 units of Karensoft at 6.5cents per unit. By gaining Karensoft, we have widen our porfolio which previously solely depend on Engtex stock's performance. This is our first step to ensure our portfolio will not run out of options in the years to come. Not only we need our porfolio to be fruitful, we want to make it colourful and full of excitement as well.

Setting up Option

Since Engtex is the only stock we are currently holding and gaining more Engtex will only reduce our average unit cost by a few cents, we are looking at an option to buy other stock. We are eyeing Karensoft as its price currently at near bottom of a year prices. We are also considering PMIND which we believe can create suprises in years to come. 1 clear decision made; to set up an option.

RicherMalaysian Portfolio WW56

RicherMalaysian Portfolio WW53

After almost 1 year (started on Sept 13 2005) building up this portfolio, we had achieved a positive Overall "Total Return/Total Investment" of 22.0%. We had started our investment with RM4345.00 and had added RM820.00 within one year period to hold more ENGTEX shares. In return, we had bagged a total gain of RM1135.00 ("Realised Gain - Unrealised Loss").

This is definitely a good achievement as our return percentage is higher than what the average market offer. Hopefully, RicherMalaysian porfolio will continue to grow!

RicherMalaysian Portfolio WW49

ENGTEX's price showed a very stable trend.

RicherMalaysian Portfolio WW44

Total Unrealised Gain of RM-880. Strategy is to get lower cost per unit for Engtex.

RicherMalaysian Portfolio WW43

Bought 4000 units of Engtex at the price of .99.

RicherMalaysian Porfolio WW27

RicherMalaysian WW26

RicherMalaysian Portfolio WW25

RicherMalaysian Portfolio WW12

RicherMalaysian Portfolio WW11

Air Asia get Tax Exemption!

Air Asia announced that Ministry of Finace has approved the company's investment allowance incentive application. This is a very good news as it reflected thru the share price itself. Air Asia price hit lowest 4 days ago at 1.48 and bounce back as high as 1.68 today. But, will it marching up?

Cheap NSCOM

KLSE is currently at 905. What a big drop. Although it's not an exciting time, this is actually a good time to pick up those cheap cheap shares. Since Hari Raya is closing in, I personally need to save some money for the Hari Raya expense. If not, I would definitely go and buy NSCOM which drop as low as 0.155 today. 5000 units will surely bring the previous weighted buy price to 0.185.

RicherMalaysian Portfolio WW7

RicherMalaysian Porfolio for WW7 worsen due to the market sentiment. The "Unrealised Loss" increase to 775 while the "Realised Gain" still maintain 290. Our strategy is to look at the opportunity to reduce our weighted buy price by buying more NSCOM or ENGTEX.