Disclaimer:

The blog entries do not represent a recommendation to buy or sell. Please consult your financial experts before making any decisions.

Monday, April 21, 2014

Itchy Hands - Sold OCK

Without realizing it, the target price for OCK has been reached and as a result I sold all 5000 units of OCK @ RM1.26 today. I reckon OCK still have some upside potential due to the impending transfer to mainboard but a 60% profit in 4 months is good enough from me. Furthermore I am becoming weary of the constant rise in Bursa stocks. Somehow and sometime there is bound to be a correction and May is just nearby. Ever heard of the classic "sell in May and go away"?

As of now the realized profit stands at RM16534.36, which is enough to sustain 3 years of 10% return. The Huat Fund looks like this today:
Financial assets at 21.04.2014
Name
Purchase Date
Purchase Price
Current Price
Unit
Current Value
P/L ex Dividend (%)
Dividend
P/L inc Dividend (%)
Cash
Hle-Broking
23843,85
Inari
24.02.14
2,30
2,59
10000
25900
12,8
72,5
13,1
Sunreit
04.10.13
1,40
1,32
5000
6600
-5,5
188,8
-2,8
Cypark
22.10.13
2,17
2,91
3000
8730
34,0
34,0
Hovid
14.04.14
0,34
0,36
20000
7200
5,3
5,3
Total Stock
48430,00
67,0
%
Total cash
23843,85
33,0
%
Total
72224,06
Current profit
5389,66
Total profit
22273,85
44,5
%
Total dividend
611,13






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