RiskyAl - 011

As promised, time to update my previous months' trades over here. No other intention. Just for sharing. ^.^

On my second last post, I have updated my trades on 5th Nov 2010. Hence I would just update the trades that I have made after that.

Holdings then:
1. China Taisan @19.5cents
2. Action Asia @19.5cents
3. China Environment @25cents

Trade after 5th Nov:

China Taisan:
Buy @20cents on 15th Nov
Buy @18cents on 23rd Nov
Buy @17.5cents on 13th Dec
Buy @18cents on 15th Dec
Sell @19cents 31st Dec
Sell @20cents 3rd Jan
Buy @19.5cents 5th Jan
Buy @18.5cents 10th Jan
Sell @19.5cents 12th Jan
Buy @18cents 25th Jan
Sell @18.5cents 31st Jan
Buy @18cents 15th Feb
Buy @17.5cents 16th Feb
Sell @18cents 18th Feb (Latest)

China Environment:
Buy @23cents 11th Nov
Sell @25cents 14th Dec
Buy @23.5cents 15th Dec
Buy @23.5cents 14th Jan

ISDN
Buy @14.5cents 11th Feb

Sinotel
Buy @31cents 15th Feb


As these trades update do not come with the buying and selling volume, its doesn't really give a clear picture on how good or bad the trade is. But anyway,
its more for the 'fun' purpose to share over here. haha..

My current portfolio:
1. China Environment @23.5cents

Recently posted a good financial report. 50% jump in profit as compared to last year. Have been waiting for chances to average down. Been queuing at 21cents, 20.5cents and 20cents on different days. But didn't manage to get the price that I queued for on those days so far.

Dual Listing(in hongkong) and good prospect(waste treatment and recycling industries in China) give me the confidence to avg down the stock whenever it goes down. It is at one of its lowest price in recent year. Hence I think it has a good profit-loss risk as downside is limited from here(Unless something big happened to the market). BUY IN Price: 20-21cents.

2. China Taisan @18cents

Price very much well supported at 17.5cents. If one can observe, Taisan usually is able to make a 'comeback' every time after hitting 17-17.5cents price range.

Low PE(~5) and respectable yield(~5%) makes it still attractive to me.
Will still BUY IN more @17-17.5cents when chance arise.

3. ISDN @14.5cents
Just report its final year financial report.
*** ISDN Holdings Limited net profit for full-year FY2010
rebounds by more than four-fold to $10.7 million as revenue increased by 53.4% to $163.6 million.....
...ISDN’s Board of Directors has proposed final dividends of 0.5 cents per share..***
Good prospect: New Ventures: Coal Mining and High-Tech Farming
Would buy in more if price goes down to 13.5-14cents.

4. Sinotel @31cents
Still awaiting for FR. Dealing with telecom infrastructure in China, the business looks stable. Bought in base on the T.A. point of view. Oversold currently. Waiting for rebound to 35-37cents.


Overall picture:
Currently 80% of capital vested. Bought in quite a bit during this minor correction from 3150 to 3050. Outlook still not very clear but its very obvious that some stocks are in oversold territory.

Stocks like China Gaoxian, Ziwo, Leader Environment and China Animal are some of the stocks thats oversold in my radar. Will update again if I have anymore trades! Hope to see more updates from other comrades here! Lets HUAT in the year of RABBIT!! HUAT AH!~

-Ah Lam