^V^ Portfolio as at 30 Nov 07 ^V^

^V^
I hv taken RM 18,600.00 profit in d month of NOV (Thanks to RCECAP,Mahsing n Masteel ),unrealised profit is now stood at RM14,620.00 ^V^ My cash vs shares status is currently stood at 0.47 : 0.53,which is in healthy position, I feel extremely comfortable with overall returns of 312% or profit of RM562,062.50 !

I hv taken profit on RCEcap at 0.93+ with profit of RM6,050.00 during d subprime crash & bought all back at around 0.91+ in d month of NOV.

I hv taken profit on Masteel ,DPS n Engtex for swap to 70 lots of Liondiv at avg cost of 1.789+, as i said, i forsee Liondiv will come up faster than engtex n masteel once mkt recover n it is proven right, she did performed well n rose in line with its latest earning of 5.75cts ! (5.75 x 4 = 23cts, buying at 1.70 giving u PE 0f 7+ ..1.70/0.23 =PE.

Liondiv is a cash rich company with 1.9 billion cash in hand ! which giving u :-1.9 billion/ 737,223,000 = 2.57 per share

NTA = 3.56

Never forget she also owned RM500 mil redeemable convertable loan stock of Parkson from d split exercise. if we convert to 125 mil parkson shares at Mkt price of RM9.00), equivalent to RM1.51 per shares !!!

Where to find such a cash rich company which giving u 13%+- return per annum (PE 8 )??

Someone said he want to wait for little while n look for its bottom ! ha ha FYI, no one can catch at bottom ! NO ONE ! as long as d stock is trading at dirt cheap value, jump in n buy ! see ? can u buy liondiv at <1.80 anymore ? dont try to be smart with yr TA method, yr TA never tell u to buy Liondiv at 1.70 meh ? why ? not functioning at all ?

FYI, This is my second entry of d year for Liondiv ! i have made profited one round from it last month which giving me profit about RM24,150+.. (this statement is direct to Mr SOUR, since he like sour so much.. it is dedicated to u @ no cost at all ! like it ? ^V^

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Pay a visit to this >> http://contrarianedge.com/book/excerpt

Read carefully what he said esp this part :-

SR: But the higher earnings growth rate of growth stocks overcompensated for P/E compression, right?

VK: Not at all! Low-P/E stocks outperformed high-P/E stocks on a consistent basis throughout the 1966–1982 range-bound market.

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He did not mention about "future earning " !

For a Low PE stock to roar , it is very much depend on its future earning, if its future earning stay flat n sustainable, u will hv mild return but definitely better than FD.

If its future earning grow in line with what u forecasted , u will hv fantastic return..that's for sure !

If what u forecasted gone holland ( earning turns into losses),
Low PE will also DIE ! (Example Megan !) but HIGH PE will die HARDER coz u bought at d peak !

Since both also die if its forecasted earning turn into negative , why should we pick high PE stock ?? think a little ..think ? u think u r playing US stocks ? u think u r buying coca cola or wallmart ? even wallmart selling at PE >50, is still not consider as value buy !

One classical example :- Gpacket

Those who bought at 4.50 based on rumours n speculation.

u r actually buying at PE of 44 (Damn bloody high )! as it can be seen, once his speculation call off n its latest earning came down, she drop like nobody biz to current level of 2.40 ! see how bad it was for buying high PE stock ?

Even u buy at 2.40, u r buying at PE 17 ! still not consider as low if u compare to masteel,liondiv n mahsing which giving u PE of 4+, 8+ n 9 + !

Is P N E not d key success ? need a second thought ?