Friday, October 24, 2014

From ARREIT to CMMT

Generally, I do not like to invest in companies that are involved in problematic litigation - they waste a lot of company time, resources and money - ARREIT has announced the following case:

"MATERIAL LITIGATION AMANAHRAYA REAL ESTATE INVESTMENT TRUST (“ARREIT”) - Kuala Lumpur High Court Civil Suit No: 22NCVC-476-10/2014 Standard Confectionary Sdn Bhd (“1st Plaintiff”) and High-5 Conglomerate Berhad (formerly known as Silver Bird Group Berhad) (“2nd Plaintiff”) v Amanah Raya Berhad (“1st Defendant”), CIMB Islamic Trustee Berhad (as Trustee for ARREIT), Dato’ Tan Han Kook (“3rd Defendant”) and Dato’ Ahmad Rodzi Pawanteh (“4th Defendant”)" ...Read more

But, I still do like to receive passive income regularly through dividends, so I have sold out of ARREIT and put part of the funds into CMMT which seems more promising.


P.S.....and some into QCAPITA also for passive income (the MRCB/EPF factor?)  and a bit into CARING Pharmacy (for its price being so beaten down of late).

Sunday, October 12, 2014

What a nice music video - using smartphones

The “Knock Knock” music video tells an animated story using several smartphones, ipads and laptops. The song is by Ukrainian indie pop band Brunettes Shoot Blondes.

 

Saturday, October 11, 2014

My Portfolio Re-positioning for Future Harvesting

This past week, I have been switching two-thirds of my YTLREIT holdings into ARREIT, while maintaining my position in SASBADI. I still have a little bit of FACBIND shares which has not been up to expectation and will be disposed off pretty soon.

I am banking on ARREIT and SASBADI for my next harvest! Even if ARREIT price doesn't go up, I will still be one happy camper with the quarterly dividend payouts.

YTLREIT

ARREIT


SASBADI

How to be Happy?


Wednesday, October 8, 2014

A top fund manager’s secret to success

Thomas Dorsey "...isn’t a household name outside Wall Street. But for decades, traders and active investors have tracked Dorsey’s market calls.

His investment models turned defensive in September 1987, a month before the stock market crashed, he says. In April 2000, he closed out all of his positions in technology, telecom and Internet shares in time to miss the carnage of the tech-stock collapse. And after being all in cash at the end of 2008, he says he turned bullish on commodities in March 2009, on international stocks in April 2009 and on U.S. stocks in May 2010 -- all ahead of extended rallies."

"...He says picking stocks viewed as undervalued can pay off big once in a while, but most of the time, he argues, the favorites win tournaments. And he is willing to bet everything on those favorites, buying only investments that, according to his formula, have shown the best performance within their sector or asset class.

Discipline is critical, though: Once a favored investment starts falling behind the pack, he swaps it for the one that took its place, no questions asked.

“I don’t make judgment calls, ever,” Dorsey said. “We’re purely rules-based.”

Dorsey makes his investment picks based on stock charts that track only changes in price. Those charts omit other factors often tracked by technicians, such volume and time.

Dorsey doesn’t believe how long a trend has lasted influences how much longer it will last. “It is what it is, until it isn’t,” he said.

To him, fundamental factors such as earnings, economic data and valuations distract from the only thing that really matters to investors: what the price is doing.

“Why should I care about fundamentals, when ultimately, they all get funneled into price,” Dorsey said. “The only ‘fundamental’ I believe in, is the irrefutable law of supply and demand.”

Unlike traditional momentum investing, in which traders seek to track assets that are moving up, he says he seeks to track assets that are leading."...read full article