Took profit on Borneo Oil...

...which, after taking account of commissions, amounted to exactly a 10% return in one day.

Also sold two-thirds of my Lion Corp at 78c, netting a 20.4% return after deducting commissions.

Also, Pacific Mas is up 2.7% today, and 4.6% in my portfolio.The company is paying a special dividend of RM1,500 less tax per 1,000 shares, which represents a 19.2% nett return at today's closing price.

Borneo Oil is still Sugar-y sweet!

Entered at an RM1.495 average price after 4pm using my margin account because a director bought the mother share at RM2.01 and the chart had dojis that indicated a reversal of the recent decline was at hand.

By the market close, the position was up 7.6% to brighten my day!


The Borneo Oil underlying stock was trading at RM 1.90-1.91 when I made the decision to punt on the warrants.

It closed at RM2.01 today, and looks likely to explore higher ground in the days to come...



Another oil-related counter in my portfolio, Sumatec, surged 21.9% just today after languishing at 81-82c for many months.

Other bright spots include MPI, which upped 20c to RM10.70, while Courts rose 2.3%.

Lion Corp shares dropped 5.5% today but they are still up 21.3% in my porfolio.


Other shares I'm eyeing include Oilcorp and M3nergy(No, that's NOT a typo!)

Losses in S'pore, small gains in Malaysia

Sold DMX and Luzhou at higher than my purchased price, but cut losses partially on Sunray, China Precision and HSI Put warrants.

I'm holding on to ABR and Contel and hoping for the best.


Malaysia yielded some gains in the form of Scomi Engineering.

Want to BUY something that is not scraping near its record high and has beautiful technicals? Try :

Hongwei









and KXD














Both illustrate the classic accumulation patterns of LOWER volumes on DOWN days
and HIGHER volumes on UP days.

Next Week? Some charts to set you guessing...

Draw your own conclusions, for mine may be wrong. If the STI has peaked at 3173, then my original Fibronacci target(calculated using the 2666-2277 correction)has been validated.



















However, near-term, the markets looks set to rebound.









Possible BUYS?

A minority of gainers on Friday...

...including Astino(+13.0%), SapCrest(+4.3%),TWSCorp(+2.4%) , SCOMIEngineering(+3.0%)
and D'nonce(+2.1%).

20% of the rest of my portfolio had small gains of less than 2%.

About 30% of the rest were unchanged.

That left 43% of the remainder down on the day led by MPI, which dropped to RM10.70.

Kim Hin returns 19% over two weeks but...

...that is the only bright spot in my portfolio.


The market plunged unexpectedly, sending up the value of the puts I recently bought, but that's the only small consolation.

Hmm...profits are dwindling...

Sold Datacraft MBLeCW070504 @ 26.5(+11.3%) and some STATSChipPac CW(+13.0%) for a total tally of S$187(contra).

Added to DMX, Yaan and bought Surface MT and Zhongguo Powerplus.

On Bursa Malaysia, Flonic on MESDAQ vaulted 12.2%,Kim Hin surged 9.8% , D'nonce jumped 6.4% and SBCCorp inched up 1.2%. On the negative end, KFM tumbled 7.4%.


I'm watching Yee Lee, MAA, Kuchai, Inc Ken and BJToto, amongst others. Watch also for stockbroking counters.

Dow drop stifles profits...

...but I made S$236 selling 13000 Memory Devices shares which I bought at 28c just three days ago.

Oniontech and China Petrotech were the only other gainers in my portfolio.

In Malaysia, I pared my Eng(+6.6%) and Mitrajaya holdings(+7.6%), making about RM250.

Westcomb and Breadtalk are my babiez today...

Westcomb leapt 17.4% while Breadtalk climbed 7.0%, partly fueled by the publication of an interview of the latter's CEO in the papers today.

The other gainers as at 3.45pm were China Kangda(+3.3%), Contel(+10.3% from my purchase on Friday) and Advanced Holdings(+1.7%). The others were unchanged or even fell.


As at the market close, I have made S$625 today, with other notable gainers being MemoryDevices(+7.3%) and China Precision(+2.4%). ABR close unchanged though there was an unfulfilled bid at 23.5c.

Entered Transmarco at 87c, Lyxor Commodity ETF at US$2.75, STATSChipPac CW070705 AT 11.5c, Datacraft CW070504 at 23.8c and Yaan at 19.5c.

In Malaysia, the only notable gainers in my portfolio were ASB(+20.4%),LionCorp(+9.3%), Symphony House(+6.6%),SBCCorp(+4.3%) and JAKS(+4.0%).

Most heartbreakingly, MPI dropped 0.9% and Unisem tumbled 2.3%.

A tale of two DAQS, as the MESDAQ and SESDAQ indices are poised for a blowoff run...

As you can see from the two charts above, the UOB-SESDAQ Index is beginning its next leg up, and a long-term chart indicates that a measured-move target has an objective of at least 180-185. My trading strategy now is to pick up counters that have not already run up by 30%.

Some of my picks(again, I have only a limited vision of all SESDAQ counters):

ABR

As you can see, ABR is WAAAY off it's high of over S$1.50 in the Indonesian connection heydays and only less than triple its all time low of 7.5c.

Results at this F&B operator are not endearing, but I hope I'm not too simplistic in suggesting that F&B will never go out of fashion like garments or mobile phones, and ABR has it's finger in ice-cream, pizzas and other types of confectionary businesses.

Excellent balance sheets make this a good buy should it not leap as anticipated towards at least 40c. I have just entered the fray on Friday at 23c.

Medtecs

Back to the ex-Indonesian play theme, I have latched on to a counter which caught my eye as I was browsing through the SGX stocklists over a masala thosai and a cup of kopitiam coffee.


Its name brings back fond memories of my biggest single gain on a stock ever, and that was in my undergraduate days!

The year was 1996. The month : August.

A certain small-capitalisation stock tumbled vertically down from over S$10 for no apparent reason.

As it breached S$5 on the fourth day of falls, I started to take notice, buying 1000 shares at $4.92, and then, more nervously as it continued to take out the thin bids below my entry, at $4.72.

My heart dropped with the share price as Transmarco breached $4.50, and then took out $4.30. When I checked it out of the corner of my eye at about 40 minutes to the close, it was trading at around $3.90 and my paper losses already exceeded all the income I had from tutoring for the past two years.

I turned away.

The next day, I was disheartened enough to ignore the market as I attended my lectures. When I checked the market's top gainers after 5pm, there was Transmarco leading the list, with a last-traded price of S$5.90!

The next morning, I eagerly phoned in to my remisier to sell and got an order filled at S$6.25 not long after the market open. I had a gut feeling something was brewing so I resisted the temptation to release my only other 1000 shares with all my might.

The share price close much higher that my done price that morning. The next day, an internal debate raged within me as to whether to dispose of the remainder as the share price continued to vault higher.

When I called in at mid-morning, my remisier quoted 7.00/7.05 and when I decided finally to queue at 7.50, he expressed incredulity at my choice. I should have used that as a contrarian signal to queue even higher,as the order was filled within the next half- an- hour!

To cut the story short, I made slightly over S$4000 on those two teeny lots of shares.

I would encounter the same company's stock again, as it piqued my interest in October '98, when I was happily using my friend's money to pick stocks battered by the Asian Financial Crisis.

Getting an order filled through my friend's broker at 80.5c, I had the fortune to have picked it on the very day it bottomed.

I sold the stock two weeks later at S$2.06, but it vaulted much higher, to a peak of not much under S$4.

After the sale, I channelled the funds to shares of Jardine Strategic, which I got for US$1.02.

My friend still holds that stock today.

Putera Sampoerna is at it again. He is the Indonesian cigarette tycoon who took over Transmarco at a heady highest price of S$11.90 in those halcyon days of 1996. Now he is offering S$0.75 for shares in the company he does not own.

And I'm talking about a company that has only 41.5 million shares, one of the smallest listed on the SGX, and 71% of these shares are Sampoerna's, no doubt many acquired at the decade ago prices of close to S$10.


It's currently trading below it's NTA, and has recently disposed of its troublesome Lanka Bell business and refocused on its traditional, more dependable trading business.


The technicals look promising, with the share up a mere 86% from it's lowest price ever of
I am ready to resume my love affair with this stock, as it's trading at around a rights issue-adjusted price of S$1.26, which is relatively low, considering where it has been! It's also apparently below its current NTA.

My immediate target for the Mesdaq Composite Index(MCI) is slightly under 140 points. I have GHLSys, NovaMSC, Wimems, The Media Shoppe, Connect County, SilverRidge, InsBio,Flonic and GreenYB in my MESDAQ portfolio, all acquired within the past 52 weeks.

Some China stocks come to life, but I've drawn a blank today...

China Sun rose 3% from my entry point yesterday, providing a small cushion on a huge volume of 35.737 million shares , while China Petrotech upped 3.2%, now showing a gain of 2.1% from my cost. China PDye rose a marginal 4.4%(or the minimum tick), and Breadtalk rose 3.6% to 28.5c, now up 11.8% from my cost.


China Kangda fell 2.1% to just a tick above my cost, while 8Telecom dropped 0.5c to 10c.
Oniontech was a big disappointment, dropping 3.8% back to my cost, and Oakwell was unchanged. Advanced Holdings also finished unchanged from my cost at 29.5c.

A small encouragement was Sunray, which I entered at the low of 32c and is now up at 33c.

China Sun is actually showing a (possible) triple bottom formation that promises a good advance ahead.


Today, I also entered China Precision at 42c, Contel at 20c, DMX at 54.5c and ABR at 23c.

Malaysia disappoints, Singapore lifts the spirits!

Four Singapore stocks gave me profits today, namely Venture DBeCW070618(S$613), QianHu(S$412),Reyoung(S$111) and Hengxin(S$46).

Bursa almost drew a nil for me, with small RM12 gain on EngTex, which I have held for two months.

However, I was glad to see Unisem, which I bought yesterday, up 3% from where I purchased it. MPI seems to be holding firm as well, despite the Intel letdown.


My total of S$1,186 is the second-highest daily total for 2007. Guess the power of eighteen is working for the first time in two years!

Surprisingly, none of it was on a contra basis, except for the batch of Venture warrants which I entered at 9c a week ago, and now goes for 13.5c!

Finally entered 8Telecom at 10.5c, bought some ChinaSun at 65c and Memory Devices at 28c.

Happy trading blog readers!

Sanichi saves the day...

I sold...most probably early.

Why? I needed to proceeds to pay for Ken Holdings and Unisem, which I re-entered.

Only made RM162 nett, but it's a 8.6% return in two months.

Entered SBC and Ken in a big way.


In S'pore, Qian Hu added another 3% and I'm up a gross 6.25%. Breadtalk advanced another 3.7%, and that stock is up almost 10% in my portfolio.

Oakwell and Oniontech were unchanged, Hengxin dropped 0.5%,China Petrotech dropped 1.1%.

Conversely, China PDye recovered by 2.3%,China Kangda added 2.2% while Reyoung inched 1.5% ahead.

I entered Advanced Holdings today, betting that the bottom of the last two months will hold, and that the crude oil price will rebound soon.

8Telecom moved 15%, but unfortunately, I'm not on the boat yet....*sigh*

KL Composite up 5 points, many counters succumb to profit-taking...

...but I had another good day, with a RM698 profit from the following:

Suria Capital- RM262, a 19% return on my two- month investment.

Scomi Marine -RM250, a 7% return on a three-month RM5100 investment.

SinChew Media - RM124, a 6% return on a two-month investment

Scomi Engineering- RM62, a 6% return on 1000 shares in three months.


A surprise in my Bursa portfolio today was Sanichi, up 6.9%.Eng suffered from profit-taking, MPI was unchanged at 11.30, and GTronic's drop made me thankful I sold it all.

In my S'pore portfolio, Qian Hu moved up to 33c and Breadtalk advanced 8% to 27c. Both Oakwell , Reyoung and Oniontech were unchanged. China Kangda moved up a tick, while China Petrotech rose 2.2%, both ending at where I entered them. China PDye however fell 6.4% and Hengxin fell 1.8%.

Take a look at Ken Holdings and Mitrajaya if you are looking for mainboard construction stocks.

MPI disappoints, Sugar impresses, GTronic sparkles, Eng is the best!

MPI went up to 11.90 at and stayed close to it throughout the day, only to be dumped(by a fool, I might add!) down to unchanged at 11.30 today.

I'm holding TIGHT!


My entry into Sugar -w was justified, but I took profits on it early,at 13.4% above my purchase price on Friday.GTronic marched 8.82% ahead, so I pared the rest of my holdings...

Scomi Marine continued to advance by another 5.8%, but I'm targetting 99.5c, while SinChew moved up 2.2% .

A BIG surprise was Suria Capital, which rocketed 18.8% and it has been on my list since early December, but I had almost given up on it.

Most satisfying was Eng Teknologi, which leapt 8.0%.

Other gainers in my 100+ stocks include Saptech(+11.9%),Megan-w(+8.6%),Megan(+6.8%),Redtone(+6.3%), Kobay(+4.7%), NovaMSC(+4.3%),EngloTC(+3.7% ), SapInd(+3.3%),KimHin(+3.1%),Delloyd and MSNiaga(+1.5%).

Bolton and Wimems were unchanged, while IE dropped.

My prediction for this week? Tomorrow may be a good time to take some profits off the table so that one can get them cheaper at the end of the week or the beginning of next week.


On the Singapore bourse, I entered some Hang Seng Index call warrants early in the morning before Hong Kong opened for trading because I figured that the positive close for the Dow Industrials and the one day closure tonight will give Asian markets the perfect excuse to rally for at least two days.

I was rewarded with a 10% surge in the warrants by the close of trade.

Today's profit, 73% of them on a contra basis, was slightly under RM500. Modest, but the capital at risk was only RM6,500.

Found some promising stocks on SGX...

China Haida, 8Telecom,Memory Devices, UTAC and Sunningdale.

.


These are the only stocks I managed to see today!

If you want to make big bucks on Bursa...

...I have a comprehensive list of Bursa stocks that will produce 100%+ returns in under three months.

This list is produced using Bloomberg terminal and technical indicators from five different online resources, as well as fundamental analyses of trailing PEs,consultations with fund managers and analyses of major shareholder transactions.


These tools have enabled me to buy stocks like Muhibbah at 90c in Feb 05, MAS at 3.08 at the beginning of the 2006, HLInd at 3.02 at the end of 2005, Kannal at 17.5c in March 06, SMRTech shortly after, and more lately, Unisem at 1.70, NSTP at 1.85, Linear at 35c, KLK-CA at 52-60c and my latest success, MPI, just to name a few.

Of course, no system is full-proof and a notable failure I had last year was KBES,in which I lost about RM450.

But you can check the gains on the successfully-selected counters above and figure it out.

Of course, nothing that is really of value is for free, so if you desire access to this list(updated daily), you need to pay a fee of RM500. However, I can promise you that if you put just RM20,000 into the stocks on the list, chances are high that you will reap triple that amount in as short as a day, and within two months tops!And that is just a CONSERVATIVE estimate. Imagine if you had put that amount into Unisem and NSTP when those stocks made their way onto my list in November 2006.Based on the indicated entry price of 1.70 and 1.85 respectively, and assuming that half was invested in Unisem and half in NSTP, the gross profit based on closing prices would be RM7385 on RM20,000, a 36.93% return in two months, something most fund managers can only salivate about!

Isn't that a spectacular return?

Some doubters may be asking: Why have I not achieved the same success on the S'pore bourse? Simply put, I haven't got the same access to fund managers and market data as I have on BursaMalaysia.

Some other doubters may also be asking: Why have I cashed out early on some holdings?
I have a limited capital of RM130K, and sometimes I jump from one stock into another because it offers a higher return according to my mathematical models.


Yet others may say:What if I just take your money and never deliver on my promises, or worse, cheat you outright of it?Well, no business arrangement has no risk, but if I have such an intention, then I would design a Nigerian-type scam involving hundreds of thousands. And you are free to spam my blog and tell others how crooked I am. I am doing this primarily because I plan to raise at least RM500,000 of my own money in two years time to be able to quit my job to do full-time trading and part time work, and to enable my trading tools to generate wealth in a multiplier effect, and not just limit those gains to my small capital.

My SOLEMN PROMISE to you is this: I WILL DELIVER THE GOODS WITHIN THE SPECIFIED TIME FRAMES IF THE LIST IS STRICTLY FOLLOWED, AND IF THE INDEX STAYS ABOVE 1,000 AND BELOW 1,220.Anything you make OVER AND ABOVE the guideline figures is for you to enjoy.The rest is at your own risk.

If you are interested in an arrangement, please e-mail me to get details of my crediting bank account and how you can be identified should you choose to join this pool.

Best regards,

DomPerrier

MPI is moving! Now at 11.40...

I hope readers have got in in time! I'm up a modest RM420 on this position today.
First target is 13.00.


AIC is currently up 6% from where I bought it yesterday, and Eng is up only a sen.


12:30pm update- Eng is currently up 5 sen or 2.6%. I hope it continues!



Well trading ended an hour ago: I cashed out of AIC @71.5c and pared down some of my GTronic holdings@34c for a RM209 nett gain(contra). MPI softened a little to 11.30(up 4.6% in my portfolio)at the end, while Sin Chew finished up 5.6% on my cost. Eng ended up 2.6% from my purchase price yesterday.


In S'pore, a sudden surge in Hyflux gave me a small profit of S$312 on it's covered warrants, while Centillion handed me S$76. However, the party was spoiled by some HSI covered warrants which pared the whole amount and then some.

However, I will not allow this to spoil my weekend!


As for stocks to watch(granted I can capture perhaps only 5% of all outstanding gainers each day), I am eyeing Scomi Marine and Scomi Engineering with great interest, although I already have both(cost at round about today's closing for both).

I also have Lion Corp, Sapura Industries, Sapura Crest Petroleum and Sapura Tech in my portfolio.

Non-speculatives in my portfolio include Delloyd, Sungei Bagan and Pacific Mas.

Sugar has a nice chart so I re-entered the warrant@ 1.34 today.Stocks coming due next week are EngloTC, TA, CAMRes and IE.


NB: Of course I regret selling my Unisem, but MPI is the proxy!

Thankful for Bursa...

The KLCI had the 2nd drop of over 0.5% in as many days yesterday.

In contrast, I had the best day trading on Bursa Malaysia that I have had in many months, as I sold all my Unisem at 2.11(a bit low I know, though I had forgotten about those 900 shares I held with Eng since December) for a 24% return, Satang surged and allowed me to liquidate at 1.44 for a 13.3% return over 2 months( I was lucky to throw down just as someone gave an order to buy at the highest price), and I took the safe route with Sanbumi and Sugar-WA,selling all of my holdings in those.

My total nett gain was slightly over or under RM1 000.

MPI suffered a setback, but SinChew(which I bought at 2.585)and GTronic(recommended earlier in this blog) surged.

I bought into AIC and Eng Teknology as I believe the technology plays are going up soon.

OMG! Venezuela and Thailand sinks markets!!

Looks like the sharp correction came sooner than expected. It was precipitated mainly by fund and hedge managers' fears of emerging markets after ol' Hugo Chavez decided to nationalise national assets, sending the Caracas stock market plunging by 19%, an echo of the Thai benchmark SET index's 16% plunge back on Dec 19th 2006.


However, markets rebounded from the December plunge to hit new highs in 2007. Now, the Hang Seng Index is down 4.8%, or almost 1000 points, from it's all-time high of 20554 points just six trading days ago.


My inclination now is for a quick rebound over the next three days, depending on how the Venezuelan debacle plays out.

On the KLSE, I am proud of the fact that, despite the drop of 5.77 points, and a losing-winning scoreline of 250-633, my portfolio has a batch of winning minority stocks in it:

10/1 Closing Value in portfolio
1. MPI 10.90(+20) 7630
2. Sugar-wa 1.26(+12) 3906
3. Kluang 2.70(+7) 1350
4. Analabs 0.725(+4) 10150
4. Sanbumi 0.84(+2.5) 4704
5. SBagan 2.65(+2) 2650
6. D'nonce 0.96(-) 1920

So about 25% of my entire portfolio was up or unchanged.

My view is that the bull market will probably not end without the second and third liners performing a final surge.

The Straits Times Index as at 5th Jan 2007

Based on Fibronacci principles, my ultimate target for the STI is 3142 points give or take 20 points.

Second liners on the KLSE are coming!

Two days ago, I bought Unisem @ 1.70 and was pleased to dispose of it at 1.91 today.

Am currently eyeing MPI with great interest, though I already have 700 shares of it.

As for index stocks, take a look at NSTP and Airport.

Today, I had a very exciting day on the Singapore bourse, selling some put warrants on the Hang Seng China Enterprises Index at the day high of 6.5c, after buying them at 2.5c, doing an intraday trade on Hang Seng Index call warrants(in at 65c, out at 76c), and taking some other minor profits, reaping a contra gain of S$1,552(including the Unisem gain adjusted with exchange rates), the highest daily contra gain since 1999.


Just an advance warning for readers: some MESDAQ, and most 2nd BOARD stocks are most likely gearing for a terrific last runup before the party ends in the 1st quarter of 2007. This is based on the logic that 2nd and 3rd liners usually bring up the rear in any bull run.

My recent winners on the 2nd Board include Pahanco(B@34, S@43) and Linear(B@45, S@53.5). Sorry I didn't post these tips here, coz I was just too busy trading.

Take a look,amongst others, at Sunchirin, CICB