Hapseng & Favco

Finally two of the stocks im investing has managed to declare a 4.7 sen and 6 sen dividend. This is absolutely impressive and joyful news. Hapseng have HSPLNT while Favco is the world premium crane provider. I will be looking good in the future and prospect of these both stocks. Hapseng is going to expand it well so that to be not so reliance on HSPLNT. Then about favco, it had Krone, the world largest crane operator as its subsidiary, with EPS of 28, is it undervalued? Haha.. stay tuned.

Fitters result is good but it is not aligned with its share price.. It is a relatively growing company. If its new business is becoming more familiar and they would be able to control the cost of the company business better, the financial result will be impressive too..

Happy investing =)

Favelle Favco 7229

Finally favco has managed to make a 8 cents pull today.
Although the volume has been shrinked too much it does prove share market will be following the fundamental of the company.
February would be result released month for Favco. Thus,based on the upside trend i forsee its results will be good. And i wish to have 6-7cents divdend too..

Cheer and Huat in Investing.

Review of January Watchlist

Almost all counters have came.
Mainly are coastal, fitter, hapseng,rsawit
Yet to come are favco, myeg, handal

I had bought more lots in hapseng at RM1.60
It has disappointed me as the pull is not strong enough.
Wish tomorrow will be another good day.
For me, there are too much potential stocks with too little money.
For current stage i am just gaining experience thus it would be ok
My passion on stock investing will be long lasting as it provides me the way to financial freedom

Cheer and happy investing!
Next target REITS!!

Steady and confident mind

When seeing all other stocks are rallying, we need to have steady mind. It would be just the process market is testing you. But adventa gives me a lesson. I have bought while it is with high volume, high prices, and i choose it because i have missed my favourite Supermax.. If that moment i decide enter Supermax, Latex, Topglove, even Harta and kossan i will also gain money. Lesson~ Lesson~

Watchlist
Myeg
Coastal
Handal
Hapseng
Favco
Rsawit
Fitter

PORTFOLIO AS DATED 13/1/2012

HAPSENG 32%
FAVCO      24.7%
ADVENTA 36%
CASH         5 %
REALISED LOSS 3%
All are working nicely. Then should no further switch or withdraw unless there is any unusual circumstances. Switch from Adventa to Hapseng means lessons again. It slows down the pace of recovering unrealised loss on Adventa. Adventa moves but Hapseng does not. By the way, I am superb confident with my current portfolio.


*HAPSENG and FAVCO are going to distribute there dividend in February 2012.

Hapseng

9.08 am Hapseng managed to trade at 1.63 plus 3 cent. But today closing will be important whether can stay above strong resistance.

Hapseng

Do some shopping today. I cut half of the position on Adventa and decided to enter Hapseng. Adventa is just not performing well in its chart and thus i decided to cut half since my entry price might be too high. It might be better if I switch and only average it back in the future The only way to sell a stock when there is another better opportunity and i gotta feeling based on chart pattern. Its volume has been twice to triple of the previous volume and it closes at almost highest point of today.  God bless me and i  need to be confident on myself.