I was thinking to just fully focus on a couple of stocks or at most 3. I am aiming to put most of the funding plus top-up for that too.
One of the stocks...is Kingway ( HK 0124 ). It is a beer company now trading at around HK$1.75. Believed it can fly during the CNY period. Then....maybe want to buy Bank of China ( HK 3988 ) at this HK$3.95 level too. So cheap....now. Even cheaper then when I traded it during the Dec period. I was "stopped out" around this level then it went straight up till now. Think this is one of the cheapest bank share at the moment.
SGX....is looking stretched at the moment and HK is better over the CNY period. Esp since it has again corrected itself these couple of session. Most likely to bound back to the 23,000 level soon. In fact....should tested the 25,000 level during the CNY time too.
The other favorites stocks....Wilmar, Noble, Bank Of Comm ( HK 3328 ) are too expensive now. Same for Ezra, Olam, Bio-Chem Global ( HK 0809 )...all have gone "north".
HK money also small vs our money. S$1 is about HK$5.50 level.
ReplyDeleteJust think how many lots I can buy if I just aim at the 2 stocks? I will aim up to 85% level and Kingway is at 15% margin...while BOC is at 10% only.
Both...have not really run up yet. Kingway was at HK$1.90+ and BOC was at HK$4.50 during Dec X'mas period after I sold. So....up-side of 20% with little or no risk? Maybe even higher up-side than what I think.