MyEG still worth to invest

Hightlight:
1. GST Implementation will be delayed. Expected to deploy at year2012.
2. Blacklisted summons are uplifted until 28 February, 2011. MyEG is a portal(besides Rileks) for traffic offenders to pay summons online.
3. New services such as Maid working permit renewal expected to boost its revenue in coming quarter report.
4. Goldman Sachs still acquire MYEG share in price range 0.75-0.81.

Strategy to invest:
1. For short term investor, hold until coming quarter report released around 30/11/2010. Analysis the EPS and PE ratio. May sell is the revenue drops compare to last quarter.
2. This share is still remain to hold for long term investor. If the coming quarter outlook is not reach expectation, still can remain holding. Revenue expected to boost in 1 year time.

Reference:
The edge Malaysia -- Goldman Sachs buys more MyEG shares
OO Invest -- Overview of MYEG
MalaysianInsider news

2010 Portfolio (Nov)

Currently holding:
Dijacor-wa - 6000 @ RM0.335
My EG - 20000 shares @ RM 0.445(5000) and @ RM 0.470(10000)
Maybank - 1000 shares @ RM8.24
YTLPOWR - 3000 shares @ RM2.30
PANTECH - 10000 shares @ RM0.85(5000) and @RM0.845 (5000)
JOTECH-WA - 100000 shares @ RM0.05
YTLPOWR-CB - 1000 shares @ RM0.34

Sold:
Genting Singapore - 1000 shares @ $SD 1.17(1.96)

Future investment:
MyEG, plan to in more at price 0.55-0.6.
Pantech, plan to in more 5000 shares before ex date 24 Nov.
YTLPOWR, plan to in more 3000shares in any prices.

My Investment golden rules

1. Only buy good company background share. Company owner must be honest business man.
2. Company that have new projects that will bring substantial income.
3. Well-known company.
4. Company has good cash flow. Borrowing should not exceed 50%.
5. Company that has handsome profit last few years.
6. High dividend yield. Must be at least 4% annually.
7. Never touch on government-linked company stock.

2010 Portfolio (Sept)

Currently holding:
Dijacor-wa - 6000 @ RM0.335
My EG - 20000 shares @ RM 0.445(5000) and @ RM 0.470(10000)
Genting Singapore - 1000 shares @ $SD 1.17
Maybank - 1000 shares @ RM8.24
YTLPOWR - 3000 shares @ RM2.30
PANTECH - 10000 shares @ RM0.85(5000) and @RM0.845 (5000)

Sold:
GTRONIC-5000 shares @ RM1.53(1.23)
YTLE - 9000 shares @RM0.56(0.76)
Sunway - 1000 share @RM1.9(1.60)

Future investment:
MyEG, plan to in more at price 0.55-0.6.
Pantech, plan to in more. Queuing at price 0.83
Dijacor-wa, plan to in more at price 0.285-0.3
AMWAY, plan to buy in at price 7.8

2010 Portfolio (August)

Currently holding
YTLE - 9000 shares @ RM 0.56
Dijacor-wa - 6000 @ RM0.335
My EG - 20000 shares @ RM 0.445(5000) and @ RM 0.470(10000)
Genting Singapore - 1000 shares @ $SD 1.17
GTRONIC-5000 shares @ RM1.53
PANTECH - 5000 shares @ RM0.85

Sold:
SCOMIEN - 2000 shares @ RM1.56(1.40)

Future investment
MyEG, plan to in more at price 0.55-0.6.
Pantech, plan to in more. Queuing at price 0.83
Dijacor-wa, plan to in more at price 0.285-0.3
AMWAY, plan to buy in at price 7.8

2010 Portfolio (July)

Currently holding
YTLE - 9000 units @ RM 0.56
Dijacor-wa - 6000 @ RM0.335
My EG - 20000 units @ RM 0.445(5000) and @ RM 0.470(10000)
Genting Singapore - 1000 units @ $SD 1.17
SCOMIEN - 2000 units @ RM1.40
PANTECH - 5000 units @ RM0.85



Future investment
MyEG, plan to in more at price 0.55-0.6.
Pantech, plan to in more at price 0.75-0.8. In fact, buy in at price 0.85.
Dijacor-wa, plan to in more at price 0.285-0.3

2010 Portfolio (June)

Currently holding
YTLE - 9000 units @ RM 0.56
Dijacor-wa - 6000 @ RM0.335
My EG - 20000 units @ RM 0.445(5000) and @ RM 0.470(10000)
Genting Singapore - 1000 units @ $SD 1.17

Sold
BJTOTO - 500 units @ RM 4.65(4.34)
My EG - 5000 units @ RM 0.65(0.445)
Starhill Gbi - 4000 units @ $SD 0.62(0.555) + 2000 units @ $SD 0.62 (0.570)

Future investment
MyEG, plan to in more at price 0.55-0.6.
Pantech, plan to in more at price 0.75-0.8
Genting, no idea yet.
Dijacor, plan to in more at price 0.285-0.3