FAVCO deal just on time

link:
FAVCO, another RM106m deal

After a good run for SCOMIMR recently, FAVCO is next to perform with RM106m deal.

No doubt, the current market sentiment has improved. DJIA is doing quite good at the moment with +188pts gain.

It will be superb if the rally can sustain over the financial reporting month.

SOLD 5,000 LHH @ 1.590

After swinging down and up this morning, it does not convince me that it will break the previous high. See the pattern, do you see what I see?

Decided to sell all with a profit of 35%

With that, the journey with LHH completed.

Link to the LHH posts:-
[Oct 2009] Journey with LHH starts...
[Nov 2009] 1st purchase
[Jan 2010] 2nd purchase

SOLD 5,000 LHH @ 1.580

Unclepicks has 10,000 LHH.

Bought 11/11/2009 5,000 @ 1.05

Bought 27/01/2010 5,000 @ 1.31

Average 1.18

Sold 5,000 @ 1.580, 34% profit. Remainding 5,000 units.

As for Scomi marine, unclepicks holds 40,000 units. Average price around 40 sen. It's now traded at 55 sen. Still holding for the special dividend. :=)

Will SCOMIMR follow SCOMIEN for special dividend?

link:
SCOMIMR in talk for capital repayment
SCOMIEN 29.5sen Special Dividend

A whopping 30% gain from SCOMIEN after special dividend announcement. SCOMIMR, let's see how good are you when your special dividend arrives.

No buy No sell, still keeping SCOMIMR below the pillow