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Showing posts from December, 2014

Year end Closing for 2014

A friend told me, he feel very hard to make money in stock market nowsaday, expecially recent market down trend, he was too worry and cut all his holding. Oh boy, for me, I would think his strategy is totally incorrect, sorry. If you remember my previous post, I plan to buy Pchem and Maybank during this year end Mega Sales. It's time to buy when Market on sales. As per plan, last 2 weeks, I managed to collect Pchem when it's stock price below RM5, for the whole week, there were 3 to 4 days where one can collect it at RM4.70, RM4.60 and RM4.90. For the case of Maybank, there are even longer period for the stock to stay below RM8.80. One can have a weeks time to collect it when the stock price close at RM8.60, RM8.30, RM8.40 and RM8.70. At the time I write this post, Pchem is trading at RM5.40 whereas Maybank trading at RM9.18. You can make a handsome profit of 10% in a short period by selling the stocks now...again, it's all depend if want to take a quick profit

Time to shop in stock market?

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Today, there's a big title came out in one of the local news paper, "Maybank is consider to list subsidiary of Etiqa Insurance". Who is Etiqa Insurance? Many years ago, I have no idea about this company too. One day, I came to know this company in Maybank2u website (http://www.maybank2u.com.my/) under the "Insurance" session. The product I bought was "eMotor Takaful". The main reason is, with this, I can renew my car insurance policy via Maybank2u online and it give extra 10% discount on top of normal insurance amount (NCD) and save a lot of time. They can even renew your road Tax and deliver to your home, if you want this extra service. When time come for renew next year, all you need to do is just a few clicks! Another best part, they will distribute the "Surplus" to you if you meet their requirement, where I don't see happen for other insurance company. I have been received RM60 to RM80 for last few years since I renew my car insur

I plan to go shopping - Pchem

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Year end sales is coming... I plan to go shopping, this time, not in supermarket, but in stock market. Yes, our local stock market, Bursa index has been going south from 1880 point to 1750 points at time I write this blog. The time finally come, money has been sitting in the bank for a while without doing anything. It's the time to make them work harder by accumulate some good stocks that will generate income. As per my plan, only blue chips will come in my buying list. What is Blue Chips means? It's the industry leader with consistent profit record, good brand name and give consistent dividend/ bonus to investors. Further, the stock must be liquidate with big cap and revenue. This is important for fund manager like us, if not, it's quite hard to buy / sell. The trigger points for this round of sell down was caused of the down trend of WTI price, which currently quote at USD70. Meaning Oil and Gas industry facing the huge damage now, most of their stocks price drop to