Sold 6,000 IJM-WC @ 1.850

Unclepicks bought 6,000 IJM-WC @ 1.200 on 19-Jan-2010, sold all with 54% profit today @ 1.850
http://unclepicks.blogspot.com/2010/01/bought-5000-ijm-wc-1200.html

The bull is charging for the past few weeks. Some of unclepicks' major holdings, like YTLPOWR, MFLOUR have increased for more than 10% in less than 2 months. Other stocks like MUHIBAH, SCOMIMR, RCECAP also in the rising. More to come...

Bought 6,000 YTLPOWR @ 2.320, SOLD 3,000 FAVCO @ 0.885

YTL Wimax 4G is launching next month. Will YTLWimax become the next maxis ? Very likely.

Bought FAVCO at 0.745 on 26-Jan-2010, 19%+4% dividend=23% gain.

1 year anniversary

It's been one year from blogging. Nothing to shout of, unclepicks' profit stood at 6.37% for the last 12 months. The low profit was due to low exposure to stocks, about average $60k exposed to stocks, while the remaining sitting safely on FD. Based on $60k, the profit would be 10.62%


As for upcoming year 2010-2011, unclepicks will be more focusing on more solid counters. i.e. recent picks like MFLOUR and BJTOTO. This would better blend into busier lifestyle, to focus more time on other activities, while not affecting the performance of stockmarket investment.

BOUGHT 5,000 MFLOUR @ 4.100

Dividend ~5 %
Low PE
...
This is one of the attractive long term auto pilot stocks.

Link:
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201009210505dowjonesdjonline000100&title=execution-key-to-malaysias-444-billion-10-year-investment-plan-analysts

Check the above link, massive $444b plan from the government. Sentiment will be good. Small caps, mid caps, ready to catch up?