Today is the ex-date for Maxis dividend and decides it's time to raise some capital for other potential counter that has a higher % growth potential. I begin to queue to sell at 5.38 at around 10am but Maxis were mostly transacted at 5.35.
At the last 20minutes of market trading, around 4:40pm, I started to notice something odd is happening with Maxis. My screen kept blinking with a buy-q vs sell-q of 5.36 / 5.42 but no transanction were done. Quickly called my remisier and was told that Maxis had a stop-trading order for 10minutes. At 4:50pm, Maxis is back to open market trading with a huge transaction done at 5.42. Hence, my Maxis was sold at 5.42 instead of my original queue-to-sell price at 5.38. Overall, I'm happy :)
Oh, looks like KLCI is going for 1500 before Malaysia Day. Will it achieve the goal ? Let's see tomorrow.
Showing posts with label klci. Show all posts
Showing posts with label klci. Show all posts
Tuesday, September 14, 2010
Tuesday, August 24, 2010
Funny KLCI
Sometimes I feel today's KLCI, which is based on top 30 stock in Malaysia, is a big joke. A single fund, namely EPF, is able to control KLCI on a long term basis. Imagine what George Soros can do to KLCI should he decide to play with KLSE. Instantly, he becomes the market maker of KLSE.
Apart from the ridiculous KLCI, today's top performer, LayHong, is an egg producer. QL decides to buy a stake in it. Personally, I have no interest in egg business. Another stock that is closely linked to LayHong is London Biscuit. Lately it is gaining popularity among many investors. The stock price is relatively stable but it's not under my radar.
Apart from the ridiculous KLCI, today's top performer, LayHong, is an egg producer. QL decides to buy a stake in it. Personally, I have no interest in egg business. Another stock that is closely linked to LayHong is London Biscuit. Lately it is gaining popularity among many investors. The stock price is relatively stable but it's not under my radar.
Monday, August 16, 2010
Genting led KLSE to win again
Genting surged over RM1.00 in just 2 trading days. It's amazing how the KLCI is so dependent on the top 30 blue chips in KLSE. The rest of counters could be having free fall but all that's needed is a few top heavy weighted counters to go up slightly, it will pull the index to green, at times very green. KLCI is such a lousy market sentiment indicator since the change, unless of course you are purely a blue chip investor.
It's interesting to note that Genting SP is getting a Target Price (TP) of SGD2.00. Nice but I have no position in it unfortunately. Gratz to those Genting loyal investors.
However, INSAS is up by 0.01 today. KFIMA did well today too. It's trying hard to break 1.20. Didn't manage to get anything new today though.
It's interesting to note that Genting SP is getting a Target Price (TP) of SGD2.00. Nice but I have no position in it unfortunately. Gratz to those Genting loyal investors.
However, INSAS is up by 0.01 today. KFIMA did well today too. It's trying hard to break 1.20. Didn't manage to get anything new today though.
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