ya i kn macd is laggard indicator.. tats why I 1st bot this at 24.5cts.. b4 macd cross over.. but i too gan cheong again to sold it at 26cts only.. after see mkt suddenly turn so bullish n macd just cross over.. with rsi 21 still just at 30% only.. i believe there are more rooms for upside..

Xu Jian, just bot 4000000 shares at 27.5cts.. so just a matter of time for it to return above 30cts..

China Raises Big Banks’ Reserve Requirements, Reuters Reports 

no.. kanna con to buy at high this morning after see so many pennies chiong.. pui!

Again too gan cheong when i see macd making a cross..

yeah.. i believe so..

sold pfood @ 0.655

considering my portfolio size worth above 60k. the 1k  is really nothing..

I have identify some companies that I will continue to add more in coming weeks before mkt gear up for reporting:

Courage Ma - nextinsight just post a article on them, they are too low profile which is why their share px stay flat for long time.. And since they have yet to really start moving.. good to collect more at 19-19cts.

Synear & pfood - all consumer foods counters moving up strongly. sino gra, min zhong or even yamada which is very well received from investors.. since those already move up.. we will collect the laggards..

TA play - renewable MACD just cross over, RSI 21days improve to 30% from 10%.. With DMG tp at 42cts, I see this counter being play up in 1-2wks time. Good entry anything below 27.5cts.

Gaoxian may see rebound soon... MACD is turning but not yet cross. With korea dual listing  to support their share px.. once it really happen, it could be at least a doubler.. (k.scully says potential multi bagger.. ) To me, this counter can double i tink is good enough for me liao.

 but current problem is lack of more capital to whack more.. So i had decide to add more capital to my portfolio to fully investing in the next 1-2wks. Will fund my portfolio with savings and add another about 30% cash to my cash holdings.This will bring my cash holding to abt 25% from 10%.

Near term strategy is to whack on laggards and avoid index counters..

No TP for gaoxian.. k.scully say can be multi bagger.. so just keep 1st lo.. korea listing up den see how.

current holdings (left 10% cash):

china sky @ 0.17 - nw 0.155

courage ma @ 0.195 nw 0.19

china paper @ 0.125 - nw 0.13

China gaoxian @ 0.19 - nw 0.19

pfood @ 0.64 -  nw 0.644

Beng Kuang @ 0.225 - nw 0.220

Fina one @ 0.4 - nw 0.4  

Synear @ 0.245 - nw 0.245

S..... @ ???

Watchlist:

raffles edu, china env, li heng, falcon ene, asiatravel, golden agr

Sold this week
HSI put warrant - for $250 (p) contra

Asia Travel - for $900 (p)

golden agri - for $130 (p) contra

Renewable ene - for $400 (p) contra

HSI put warrant - for $55 (L) contra

Comments

This gain some over 1k profit mostly via contra.. not satisfy with my performance. My portfolio is no gaining anything with paper losses amt to abt 1k. Close my HSi at breakeven pt bec dare not hold over wkend.. mkt seems to be very stubborn and didnt want to move down..

Surely I can do better than this.. BUCK UP NEXT WEEK!

Yes... Hu Li Yang said in the money weekly programme.... investment (or trading) needs to focus on good quality stocks - like sheep keeping, one with a 200 good quality sheeps earns better than a 1000 mix quality sheeps.

He says a good holding no.of stocks will be 6.

yes.. any problem with synear?

s??? not spice.. although i also hold spice, but i remove it fr my listing here bec tat im gg for long term hold.

Yes, I agree with you.

I'm monitoring Synear too.

Unfortunately, Fully vested in other Counters, else I could add some into my Portfolio.

$0.245 is its current Support Level, as long as price does not falls below that level, this is a Good Price to Hold.

Good luck.