Current Stock Market

KLCI started up so "bull" in 2011...
klci started to gain back some foreign participation...
main themes for current period are...
Plantation, O&G, Construction and Banking sector!!!




we are having huge trading currently...
hit above 2 bil of volume and above RM 3bil in term of value...
a sign of bull market...

let see how far this bull can go...
no one knows...
you can be friend with the current trend...(momentum trading)
or ready to cut ur position...(sell high)

i will stick with my own investment method...DY method...
might reduce my holding if market went too crazy...
or above 15% gain of my total portfolio in the short run...

cant do some small speculation due to the lack of excess capital...
need to sit tight and do paper trading only...

decided to pick up Gamuda for construction, Affin for finance, Dialog(my ex-lover) for O&G and FimaCorp for plantation related...
Yesterday closing price:
Gamuda~Rm 4.07
Affin~Rm 3.18
Dialog~Rm 1.97
FimaCorp~Rm 6.42

New deposit insurance limit of RM250,000

KUALA LUMPUR: The deposit insurance limit will be increased to RM250,000 per depositor per bank with effect from Friday, Dec 31, 2010 and this will protect 99% of retail depositors in full.

PIDM is the government agency mandated by Parliament to protect depositors against the loss of their funds in the event of a member bank failure.

http://www.theedgemalaysia.com/business-news/179416-pidm-new-deposit-insurance-limit-of-rm250000-effective-jan-1.html



**we are safe!!!
dont worry that the bank run will happen in Malaysia...

Different view of Investment...

meet up with an uncle today...
main purpose of the meet up was to discuss more detail T&C for his son home tuition...
end up we have 75% talking about investment and career sharing...

Mr.tan dont use technical cuz its a decision made by the computer...
but he dont 100% in fundamental too...
he will trade for the micro trend of the counter...
Momentum trading style...

he thought me the stop win and stop loss...
how one get greed...
and yet...
he ask me try to get into antique..
try to make it a hobby and invest on it...
he currently invest in GEMS stone...
more confirm appreciation...
less monitor needed...
good return...
gems can be found around the world from the price of ten bucks to thousands...

in my mind...
GEMS do not have the clear market yet...
not liquid...
hard to justify the quality...

equity still my best choice where its a liquid market...
low entry cost...1 lot only equal with 100 share...which might cost you less that Rm100!!
transparency is there...at least we can get more info about those company...
equity provide more sustainable return...
regardless on the trend of the market...its still grow...
as long as the business grow!!

but he said something very important!!
investment in equity need us to have good judgement and the gut!!!

hmmm...
learn something from him today...
get some useful info...

Happy 2011

another year to go...
new life...
new hope...
new start...

2011 will be my transition year where i will get into the work force in the end of 2011 after my UK study...
hope can get the job i want>>>UK/S'pore/ last resort~Malaysia in investment field.
quite ready for it dy...

since 2006...
never get into a relationship...
its been 4 years of no "confirmed" relationship...
in 2011,i'm no longer single...
i'm currently "double"...
looking forward for the "triple" in da future...
5 years time should be enough...wkakakkaka...

pretty sure that 2011 will be my major turning point of my life...
my career...
my future...
my relationship...

what a challenging 2011...
feel excited for this 2011...
GOGOGO...

"let's rock the 2011"

Financial Statement of 2010

still manage to maintain positive net worth of almost a RM500!
debt ratio stood at 97.69% where total Asset still able to pay off all my loan...
loan consist of PTPTN and TARC education loan of a total of RM 20,000

major purchase of the year will be my LapTop!!!
main reason of the purchase is for the UK course which need it to complete my assignments.

liquidated the RM 2,000 fixed income instrument to support the recent year end's expenses...

Investment portfolio recorded a growth of almost 90%!
pumped in a total of 7.5k into the portfolio this year...
ROI of the portfolio this year is 14.99% only...
reconstruction of portfolio in OCT forgo some of the capital gain counter...
Dividend yield of 2010 is 4.03% excluding 2 more accrual dividend payments.

next year will be a challenging year in term of financial achievement...
UK study might require me to liquidate some of my portfolio...
Main aim>> investment portfolio of RM 30k and ROI of 10%
10% return of current portfolio will need me to pump in extra 8k++ to reach the 30k.
still pretty optimistic for this!