Test
1 Sept 2013
8 Jun 2010
Updates!
I began investing in January 2010- did well up to the red shirts buying and selling on daily/weekly basis. After the violence, my portfolio dropped 14% but is back 'up' to -5% today. Overall ,because i got excellent dividend payments, I am up 7,200 US$ since January. A 9% profit which i am surprised at given the global stock market mini drops of the last month plus the red shirt fiasco.
25 Feb 2010
Good news and bloody annoying news
Good news first. Today my portfolio increased up +15,200 baht. PTTCH increased 3.5 baht in price as some of their projects were cleared to go ahead in Ma Ta Pud.
Bloody annoying news- after selling THAI 3 days ago, its increased 7% since then. Ugh. Well lesson learned is to be abit more patient as i saw it increased a bit on the day i sold it .
MY LPN and KBANK buys are now up more than 5%- previously i had planned to sell- but now two factors are making me hold on to them:
1) Im relying more now on MACD and RSI to guide me i.e. im waiting until they both give me sell signals before selling the stock.
2) They both should be paying tasty dividends: LPN 4.9 % in a couple of weeks, KBANK hasnt announced anything yet but traditionally pays relatively high divds.
Bloody annoying news- after selling THAI 3 days ago, its increased 7% since then. Ugh. Well lesson learned is to be abit more patient as i saw it increased a bit on the day i sold it .
MY LPN and KBANK buys are now up more than 5%- previously i had planned to sell- but now two factors are making me hold on to them:
1) Im relying more now on MACD and RSI to guide me i.e. im waiting until they both give me sell signals before selling the stock.
2) They both should be paying tasty dividends: LPN 4.9 % in a couple of weeks, KBANK hasnt announced anything yet but traditionally pays relatively high divds.
23 Feb 2010
Noble Remix v Siri@Suk: take your corners please
I visited noble remix yesterday- rooms are slightly bigger than Siris@suk and there is more windowage which makes the rooms brighter. Remix has 60sqm corner 1 brs (6-7 million baht) , and the bed room has amazing views overlooking the bts and on towards emporium. One worry is that the west looking rooms over look a largely empty plot of land and the possiblity of another condo going up and blocking the view (and crippling the units value) is real. Remix also has 54 sqm rooms for about 5.5-6 million baht. Siri 1 br are 6.5-7.5 million baht)
In the blue corner: Siri@Suk
Pool/gym is better in Siri , amazing in fact- on the 6th floor, landscape gardens, large pool, gym..like any 5 star hotel in bangkok.
Siri is a grade A building, Remix is A-
Siri rooms also come with fitted kitchen (remix not).
In the red corner,iiiiiiiiiiiiiiiiiiiiiiiiiits Noble Remix
....the possible last minute knock out ..Remix will have a direct bridge connection from the 2nd floor to the BTS Thong Lor. I think this connection will be a huge selling point when looking for potential tenants....and the rooms are larger than siri...
What to do.....???
In the blue corner: Siri@Suk
Pool/gym is better in Siri , amazing in fact- on the 6th floor, landscape gardens, large pool, gym..like any 5 star hotel in bangkok.
Siri is a grade A building, Remix is A-
Siri rooms also come with fitted kitchen (remix not).
In the red corner,iiiiiiiiiiiiiiiiiiiiiiiiiits Noble Remix
....the possible last minute knock out ..Remix will have a direct bridge connection from the 2nd floor to the BTS Thong Lor. I think this connection will be a huge selling point when looking for potential tenants....and the rooms are larger than siri...
What to do.....???
"One ticket to Rally-Ville please"
Well its been a surprising monday and tuesday- despite the political instability my Thai portfolio has almost broken even (after being down 11% last week); its only down 0.2%!!
In fact, if i sold my stocks that have risen in price id take almost 1000 $ or 33,000 baht and still have the principal amount that i invested in them in the last 2 weeks.
Today i sold my THAI stocks as the company does not have the fundamentals (it was a heart- not head buy for me), but I will keep my eye on it because i think later in the year it will push up 20-40% in price given the new CEO's sound decisions so far (including reducing the age of the Thai stewardesses- great move aesthetically and also will attract more business men travellers (and compete with Singapore Airs excellent ad campaign ("Singapore girl, you are a good way to shag/fly"). I sold at a tiny profit (6$) but the point was to move funds into a stock more likely to rise in the short term (LANNA, number 1 on my watch list).
TTA is preforming well, increased 3.5% in the two days since i bought it due to the increasing Baltic Dry Index price (which measures the price of shipping- the higher the BDI is, the more shipping companies, like TTA, get when they transport goods).
KBANK is also increasing, i think because of all the analyst reports of the last few days that have noted that its undervalued and a good buy (JP Morgan, Credit Suiss, SCBS etc).
I was tempted to sell LPN today wehn is increased 8% for me at one point but their dividend XD date is march 3rd and its close to 5% so ill hold on......its RSI and MACD lines are also still radiating strong buy signals when i looked at them just now..... (RSI and MACD tools- i love these puppies- well worth googling them if you invest in stocks)
PTL which i bought last week has been abit of a sleeper....
In fact, if i sold my stocks that have risen in price id take almost 1000 $ or 33,000 baht and still have the principal amount that i invested in them in the last 2 weeks.
Today i sold my THAI stocks as the company does not have the fundamentals (it was a heart- not head buy for me), but I will keep my eye on it because i think later in the year it will push up 20-40% in price given the new CEO's sound decisions so far (including reducing the age of the Thai stewardesses- great move aesthetically and also will attract more business men travellers (and compete with Singapore Airs excellent ad campaign ("Singapore girl, you are a good way to shag/fly"). I sold at a tiny profit (6$) but the point was to move funds into a stock more likely to rise in the short term (LANNA, number 1 on my watch list).
TTA is preforming well, increased 3.5% in the two days since i bought it due to the increasing Baltic Dry Index price (which measures the price of shipping- the higher the BDI is, the more shipping companies, like TTA, get when they transport goods).
KBANK is also increasing, i think because of all the analyst reports of the last few days that have noted that its undervalued and a good buy (JP Morgan, Credit Suiss, SCBS etc).
I was tempted to sell LPN today wehn is increased 8% for me at one point but their dividend XD date is march 3rd and its close to 5% so ill hold on......its RSI and MACD lines are also still radiating strong buy signals when i looked at them just now..... (RSI and MACD tools- i love these puppies- well worth googling them if you invest in stocks)
PTL which i bought last week has been abit of a sleeper....
22 Feb 2010
Buy KBANK!
Ok..i just asked my broker to buy KBANK. Why?
- Multiple buy recommendations from large investment banks
- The MACD line just indicated a buy signal plus the RSI is trending towards a buy signal.
- KBANK has decreased 9% in last month, a good buying op in my in my opinion.
News from the Big Apple
Spoke to a friend of mine who works in an emerging markets unit for one of the world's largest investment banks in New York last night. For what its worth, the only Thai stock they have bought is KBANK. KBANK also has half a dozen other big US/European shareholders.
Its is one of my top medium term growth stock recommendations (target price of 120 baht plus by end of year/ early next plus good dividend payments).
Its is one of my top medium term growth stock recommendations (target price of 120 baht plus by end of year/ early next plus good dividend payments).
Top 10 Dividend Yielding Thai Companies
Dividend announcement - Sorted by Yield. Sorry i am too bone idle lazy to format this and make it look pretty!
Price (Bt) Rating DPS (Bt) Current XD date Payment date
18-Feb-10 yields Period 2010F 2011F 2010F 2011F
ADVANC 88.25 UR 8.30 9.4% 12-Apr-10 30-Apr-10 01/07/2009-31/12/2009 6.35 6.54 7.2% 7.4%
BLS 11.40 Sell 1.00 8.8% 26-Apr-10 14-May-10 01/01/2009-31/12/2009 0.70 0.72 6.1% 6.3%
GFM 11.50 - 1.00 8.7% 04-May-10 24-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
KEST 11.70 Sell 1.00 8.5% 23-Feb-10 12-Apr-10 01/07/2009-31/12/2009 0.89 0.90 7.6% 7.7%
CSL 3.26 - 0.27 8.3% 12-Apr-10 04-May-10 01/07/2009-31/12/2009 - - n.a. n.a.
TBSP 57.25 - 4.50 7.9% 31-Mar-10 23-Apr-10 01/01/2009-31/12/2009 - - n.a. n.a.
PRIN 2.26 - 0.15 6.6% 25-Feb-10 21-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
TPAC 8.45 - 0.56 6.6% 13-May-10 27-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
EASTW 4.50 - 0.25 5.6% 23-Mar-10 05-Apr-10 01/01/2009-31/12/2009 - - n.a. n.a.
GFPT 45.00 - 2.50 5.6% 05-Apr-10 06-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
Price (Bt) Rating DPS (Bt) Current XD date Payment date
18-Feb-10 yields Period 2010F 2011F 2010F 2011F
ADVANC 88.25 UR 8.30 9.4% 12-Apr-10 30-Apr-10 01/07/2009-31/12/2009 6.35 6.54 7.2% 7.4%
BLS 11.40 Sell 1.00 8.8% 26-Apr-10 14-May-10 01/01/2009-31/12/2009 0.70 0.72 6.1% 6.3%
GFM 11.50 - 1.00 8.7% 04-May-10 24-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
KEST 11.70 Sell 1.00 8.5% 23-Feb-10 12-Apr-10 01/07/2009-31/12/2009 0.89 0.90 7.6% 7.7%
CSL 3.26 - 0.27 8.3% 12-Apr-10 04-May-10 01/07/2009-31/12/2009 - - n.a. n.a.
TBSP 57.25 - 4.50 7.9% 31-Mar-10 23-Apr-10 01/01/2009-31/12/2009 - - n.a. n.a.
PRIN 2.26 - 0.15 6.6% 25-Feb-10 21-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
TPAC 8.45 - 0.56 6.6% 13-May-10 27-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
EASTW 4.50 - 0.25 5.6% 23-Mar-10 05-Apr-10 01/01/2009-31/12/2009 - - n.a. n.a.
GFPT 45.00 - 2.50 5.6% 05-Apr-10 06-May-10 01/01/2009-31/12/2009 - - n.a. n.a.
21 Feb 2010
Quiet weekend, rough week?
Thaksins money confiscation trial ends this week- the SET is likely to drop, and wipe out my modest gains last week- but not a big enough fall to warrant selling now (i think, but we shall see!).
20 Feb 2010
relative strength index (RSI) update
Just to elaborate on my earlier post on RSI....One of the primary indicators I use for entering/exiting a stock is RSI.
A RSI value below 30 is considered oversold. A Buy signal is the RSI crossing up through the 30 line. A cross above the 50 line would be bullish and a cross above the 70 line would indicate an even stronger trend.
A cross below the 70 line is a sell signal. A cross below the 50 line indicates a bearish signal. A cross back below the 30 line and the stock is oversold once again.
Suppose you buy a stock just as the RSI (considering only the RSI in this case) crosses above the 30 line. You should hold for a sell signal. If the RSI fails and crosses back below the 30 line, that would be a sell signal. If the trend continues and crosses the 50 line, you hold for a sell signal. A cross back below the 50 line would be a sell signal. If the RSI fluctuates between the 50 and 70 lines, continue holding until the RSI crosses below the 50 line. Once the RSI crosses above the 70 line, hold until it crosses below the 70 line.
A RSI value below 30 is considered oversold. A Buy signal is the RSI crossing up through the 30 line. A cross above the 50 line would be bullish and a cross above the 70 line would indicate an even stronger trend.
A cross below the 70 line is a sell signal. A cross below the 50 line indicates a bearish signal. A cross back below the 30 line and the stock is oversold once again.
Suppose you buy a stock just as the RSI (considering only the RSI in this case) crosses above the 30 line. You should hold for a sell signal. If the RSI fails and crosses back below the 30 line, that would be a sell signal. If the trend continues and crosses the 50 line, you hold for a sell signal. A cross back below the 50 line would be a sell signal. If the RSI fluctuates between the 50 and 70 lines, continue holding until the RSI crosses below the 50 line. Once the RSI crosses above the 70 line, hold until it crosses below the 70 line.
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