Thursday, September 30, 2010
FKLI
*FKLI rolling day, continue LONG 1461 for October month.. good profit for September :) and officially i'm back in the black (up 50pts +/-) for this year 2010, looking forward to close FKLI this year on positive note after total heart ache for the first 6 month of the year.
Monday, September 27, 2010
Friday, September 24, 2010
Weekly update FKLI & CPO
As expected i got nothing to post or update for past 1 week, so here goes my position again.. NO CHANGE..
*FKLI still holding firmly my September roll LONG 1426.5..
*CPO also same case, still maintain my NOV contract SHOT 2624 but looks like as i post in my cbox earlier today i going to get slaughtered by the market soon because as i typing this update, Soybean Oil jumping like shit about 2% up... knn fred hahahaha
*FKLI still holding firmly my September roll LONG 1426.5..
*CPO also same case, still maintain my NOV contract SHOT 2624 but looks like as i post in my cbox earlier today i going to get slaughtered by the market soon because as i typing this update, Soybean Oil jumping like shit about 2% up... knn fred hahahaha
Friday, September 17, 2010
Unit Trust vs Stock Market
Taken from : RHBInvest's forum
Written by : "I smell money"
Don't know if you guys notice this, but everyone with investment in unit trust need to take note of this. I've recently flipped through the newspaper to have a check on performance of unit trust (according to Lipper Ranking) and these are some of the findings:
1.For the 6 months period [26-02-10 - 27-08-10], the common benchmarks FBM KLCI index rose +12.8% and FBM100 rose +12.4%. However Malaysian equity funds (non-islamic) had only return +8% on an 80-member average. {WHOA!!! not too impressive return by an average fund manager}.
2. Ok, then lets look at how many of the funds beat the benchmark of 12%. Oppss .. only 10 out of 80 fund or 12.5% of fund managers beat their benchmark.
3. Ok, then we shall look at the creme de la creme of the group, and see how they have done. For the top performing fund for the 6 month category, the top fund only had a return of 15%, huhhhh!!! only 3% above the benchmark.
Ok. then its time to compare this with some of the markets 2010 favourite.
Comparison same period
1. Supermax 12% (even after it had fallen off the cliff towards the end of July)
2. TimeCom 29%
3. Axiata 19%
4. Jadi 65% (ok this one a bit too unrealistic, but if you went in around XXsen when the stock was heavily traded)
5. AirAsia 14%
6. JCY -29% (of course not everything is hunky dory, and how can anybody forget about this name)
7. Unisem 19%
8. Notion -45% (woooo, dont we hate this name)
9. UEMLand 40%
10. MRCB 21%
11. Adventa -27%
12. Talam -20%
13. BJ Corp -23%
On average +37.5% (if you spread your money across all the 13 stocks evenly).
So if anyone who wants to invest in the stock market through unit trust then they should reconsider this strategy.
*Thanks to Teh (http://cpteh.blogspot.com) for allowing me to borrow/publish his article here.
Written by : "I smell money"
Don't know if you guys notice this, but everyone with investment in unit trust need to take note of this. I've recently flipped through the newspaper to have a check on performance of unit trust (according to Lipper Ranking) and these are some of the findings:
1.For the 6 months period [26-02-10 - 27-08-10], the common benchmarks FBM KLCI index rose +12.8% and FBM100 rose +12.4%. However Malaysian equity funds (non-islamic) had only return +8% on an 80-member average. {WHOA!!! not too impressive return by an average fund manager}.
2. Ok, then lets look at how many of the funds beat the benchmark of 12%. Oppss .. only 10 out of 80 fund or 12.5% of fund managers beat their benchmark.
3. Ok, then we shall look at the creme de la creme of the group, and see how they have done. For the top performing fund for the 6 month category, the top fund only had a return of 15%, huhhhh!!! only 3% above the benchmark.
Ok. then its time to compare this with some of the markets 2010 favourite.
Comparison same period
1. Supermax 12% (even after it had fallen off the cliff towards the end of July)
2. TimeCom 29%
3. Axiata 19%
4. Jadi 65% (ok this one a bit too unrealistic, but if you went in around XXsen when the stock was heavily traded)
5. AirAsia 14%
6. JCY -29% (of course not everything is hunky dory, and how can anybody forget about this name)
7. Unisem 19%
8. Notion -45% (woooo, dont we hate this name)
9. UEMLand 40%
10. MRCB 21%
11. Adventa -27%
12. Talam -20%
13. BJ Corp -23%
On average +37.5% (if you spread your money across all the 13 stocks evenly).
So if anyone who wants to invest in the stock market through unit trust then they should reconsider this strategy.
*Thanks to Teh (http://cpteh.blogspot.com) for allowing me to borrow/publish his article here.
Wednesday, September 15, 2010
CPO & FKLI
*CPO turn SHOT 2624 today but still maintain November contract.. i not interested to trade December contract yet!!
*FKLI still same case still holding September month LONG 1426.5..
*FKLI still same case still holding September month LONG 1426.5..
Thursday, September 9, 2010
Selamat Hari Raya & Weekly update..
I wish to all reader/followers of my blog here Selamat Hari Raya & Happy Holidays to all :)) and to those SHORTIES for FKLI & CPO good luck going against my position.. hik hik hik
*FKLI still holding September month LONG 1426.5..
*CPO also same case still maintain November contract LONG 2557..
*FKLI still holding September month LONG 1426.5..
*CPO also same case still maintain November contract LONG 2557..
Saturday, September 4, 2010
Weekly Update
Not much to do, so this is my current position..
*FKLI still holding September month LONG 1426.5..
*CPO maintain November contract LONG 2557..
*FKLI still holding September month LONG 1426.5..
*CPO maintain November contract LONG 2557..
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