Thursday, February 16, 2012

What to do after selling NICORP

After selling NICORP, my plan is to buy in a few counters.

TRINITY, PJDEV-WC, PANTECH-WA, MPHB and Citigroup of US.

Mostly for long term except TRINITY. TRINITY is a high risk 'investment', the company is in red for long time eventhough there just exit from PN17 status a year ago.

Personally I like to allocate some 'extra' money for this type of high risk company. But buying high risk company required continuously monitoring and alert to the company news. Once the news is bad, be prepared to cut lost.

Just like NICORP, no risk no gain !

For PJDEV-WC and PANTECH-WA, will buy and keep for long term. Both matured in 2020. Both are close to their year low.

MPHB, will buy in if falls below RM2.50.

Citigroup, will continue to accumulate if it falls below USD25 again.

* The comments above do not represent a recommendation to buy or sell.

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