02 January 2011

My Share Portfolio

Currently, I'm only trading in penny stock because of my limited funding. My portfolio are as below:

1.   IRCB (2127)           21,400          ABP : MYR 0.256
2.   ETITECH (0118)     20,000          ABP : MYR 0.265
3.   DAYA (0091)          4,000           ABP : MYR 0.210
4.   MKLAND (8893)     2,000           ABP : MYR 0.380
5.   ASB (1481)            5,300           ABP : MYR 0.185

ABP: Average Buying Price

ASB
Tomorrow, I will sell all ASB share as I only noticed 3 days ago that the counter is not shari'ah compliance. As a muslim, I only trade in shari'ah compliance counter. I was failed to take notice of the share before buying it .

IRCB
Latest unaudited financial result on 30th December 2010 shows an increase in profit from MYR 300k to MYR 8 million. Tomorrow, I hope the share will shoot up and will dispose the share around MYR 0.305.

ETITECH
Based on TA, I believe the share will rise a bit more and I'm thinking of disposing at MYR 0.300 and above.

DAYA & MKLAND
Waiting to dispose for some profit as I"m in process of consolidating all my fund and will only trading one or two counter at anytime after this. Having many counter with small lot make it harder for me to disposed the share with profit as processing fee for buying and selling are quite high as the share need to rose at least 5 cent from buying price just to make it break even.

BORNOIL (7036)
Anyway, tomorrow I will que for BORNOIL (7036) counter as latest unaudited financial result showing a healthy profit of MYR 80 million. Although, the counter has BORNOIL-WA and BORNOIL-WB, I'm not jumping into that as it is a bit risky as my fund a limited to punt around.
 



























































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