Helmy's Public Mutual Blog

EPF's intention noble but message must be clear

2012-02-10T19:54:00.000+08:00

Clarification on the sub-prime issue with EPF money: EPF's intention noble but message must be clear KLCI: 1562

Lower liners to take centre stage on Bursa

2012-02-09T21:19:00.000+08:00

Small caps to shine:
Lower liners to take centre stage on Bursa
KLCI: 1565

Bought TChong Motor at RM4.30 & Notion VTech at RM1.91

2012-02-08T22:39:00.002+08:00

Bought TChong Motor at RM4.30 & Notion VTech at RM1.91 today
KLCI: 1553

Another bumper year for mall deals in Malaysia?

2012-02-03T21:50:00.000+08:00

Investing in shopping malls: Another bumper year for mall deals in Malaysia? KLCI: 1538

Sold MFlour at RM4.53 for a return of 25.83%

2012-02-02T23:28:00.000+08:00

Sold MFlour at RM4.53 for a return of 25.83%:

Stock	buy date	buy price (RM)	sell date	sell price (RM)	profit/loss (%)	Days of holding stocks
Mflour	26/8/2011	3.6	2/2/2012	4.53	25.83	160

KLCI: 1537

Bought Coastal Contracts at RM2.04

2012-01-30T17:40:00.001+08:00

Bought Coastal Contracts at RM2.04 today

KLCI: 1514

Sold KNM at RM1.16 for a return of 20.83%

2012-01-27T22:16:00.001+08:00

Sold KNM at RM1.16 for a return of 20.83% today:

Stock	buy date	buy price (RM)	sell date	sell price (RM)	profit/loss (%)	Days of holding stocks
KNM	13/1/2012	0.96	27/1/2012	1.16	20.83	14

KLCI: 1520

Sold JCY at RM1.27 for a return of 20.95% and bought SAAG at RM0.065

2012-01-26T23:37:00.000+08:00

Sold JCY at RM1.27 for a return of 20.95% and bought SAAG at RM0.065:

Stock	buy date	buy price (RM)	sell date	sell price (RM)	profit/loss (%)	Days of holding stocks
JCY	10/1/2012	1.05	26/1/2012	1.27	20.95	16

KLCI: 1523

Apple returns to form, blows Street targets away

2012-01-25T18:37:00.001+08:00

Outstanding performance by Apple: Apple returns to form, blows Street targets away KLCI:1520

Indonesia foreign direct investment hits record

2012-01-24T17:51:00.000+08:00

Indonesia's attracting higher foreign investments:
Indonesia foreign direct investment hits record
KLCI: 1521

China eyes pension fund boost for stock market

2012-01-20T20:18:00.000+08:00

This could finally lift the under-performing China stock market: China eyes pension fund boost for stock market KLCI: 1522

Petronas to catalyse oil and gas industry

2012-01-19T23:10:00.000+08:00

Major investments by Petronas:
Petronas to catalyse oil and gas industry
KLCI: 1516

Saudi posts $81.6 bn budget surplus as revenues double

2012-01-18T21:10:00.001+08:00

Arab Saudi's such a rich country:
Saudi posts $81.6 bn budget surplus as revenues double
KLCI:1517

Petronas in talks with oil majors for petrochemical tie-ups

2012-01-17T21:03:00.000+08:00

Pengerang will be even bigger if Shell and Esso also set up plants here:
Petronas in talks with oil majors for petrochemical tie-ups
KLCI: 1519

Bought Scomi at RM0.28

2012-01-16T21:04:00.000+08:00

Bought Scomi at RM0.28 today
KLCI: 1509

Bought KNM at RM0.96

2012-01-13T18:46:00.000+08:00

Bought KNM at RM0.96 today

KLCI: 1523

The Pudu Jail transformation

2012-01-12T18:18:00.000+08:00

Let's hope another prominent landmark rises here:
The Pudu Jail transformation
KLCI:1525

Political discord root cause of Muslim disunity: Dr M

2012-01-11T23:31:00.000+08:00

Dr M brought up a good point here:
Political discord root cause of Muslim disunity: Dr M
KLCI:1522

Bought JCY at RM1.05

2012-01-10T21:33:00.003+08:00

Bought JCY at RM1.05 today
KLCI: 1521

Bought Latexx at RM1.91 today

2012-01-09T22:07:00.001+08:00

Bought Latexx at RM1.91 today
KLCI: 1522

Risk and uncertainty into 2012

2012-01-06T18:29:00.000+08:00

Time for reflection of 2011 & anticipation of 2012:
Risk and uncertainty into 2012
KLCI: 1514

Public Mutual Unit Trust Update – Issue 21 - Quarter 4 (Q4) 2011

2012-01-05T19:59:00.000+08:00

1) Economic & Stock Market Report

After the stock market (represented by KLCI) corrected in Q3 2011, it recovered in Q4 2011, rising to 1530 points at the end of the quarter. The economy (represented by GDP growth) also staged a rebound, beating estimates, to grow by 5.8% on a year-on-year basis in Q3 2011. For the whole of 2011, GDP growth is forecast to be 4.6%, while for 2012, it's forecast to be 5%

	2009				2010				2011
	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
GDP growth	-6.2%	-3.9%	-1.2%	4.4%	10.1%	8.9%	5.3%	4.8%	5.2%	4.3%	5.8%	NA
KLCI (as at end of the quarter)	872	1088	1202	1272	1320	1314	1463	1518	1545	1579	1387	1530

In Q4 2011, major news include the followings:

1) Increasing European Financial Stability Facility (EFSF) (or bailout fund as we usually call it) to €1trillion and lowering borrowing interest rates to record levels, among many other efforts, seem to have positive effects on the EU debt crisis, as the European stock markets bounced back from last quarter's correction

2) Commodities continue to be volatile, with crude oil breaching the USD$100 once again in November and hovering there since, while gold fell to its lowest in three months in December (but still at a very high USD$1,560 per ounce)

3) Uprising has spread from the Middle East to Russia,

4) Malaysian 13^th General Election is getting closer and closer,

5) US Presidential Election is not until Nov 2012, but race for Barack Obama's Republican challenge is under way amid the recovering US economy and 'Occupy Wall Street' protests

6) In my last update, I mentioned about Malaysia's big budget deficit. Malaysia is not alone, as worldwide, many other countries face the same problem. In Malaysia, 40% of government's expenditures are public sector workers/ civil servants emoluments - which include government workers' salaries, allowances, bonuses and pension. Therefore, to reduce the budget deficit, one of the proposed ways is to optimize the emoluments, like cutting salaries, reducing the workforce and reconfiguring the pension system. Many were against this proposal, including our Prime Minister. In the UK, proposal for reconfiguring of the pension system resulted in one of "the biggest strike in a generation". It culminated with popular TV personality, Jeremy Clarkson, to make a strong remark for, 'the strikers to be shot'. Teachers, nurses, police and soldiers serve our country for generally smaller salaries than the private sector workers. They deserve their salaries and pension. However, since the emoluments come from taxes, to ensure sustenance, this might need to be discussed further. As for the rest of us who are private sector workers, we do not have the luxury of the public sector workers who have pensions that are guaranteed for life. We rely on our savings and EPF's for our old age. Studies show that, most retirees spend all their EPF money within three years of their retirement. This means many of us will have to start working again immediately three years after we reach our retirements, a time when we should actually relax and unwind. Therefore, we need to make our EPF money work harder for us so that we can have a comfortable retirement. Malaysian inflation is between 2-3%. EPF return is 5-6%. Public Mutual return is more than 10%. Inflation eats into our investments, thus, it's always best to go for investments which produce higher returns. See below in Section 3: 'Investing Advice', for more information on how to optimize our EPF money through investment in Public Mutual.

Read more at http://publicmutual-helmy2.blogspot.com (for clients and agents only)

KLCI:1514

Bought Success at RM0.885&RM0.87, Notion at RM1.69 & Coastal at RM1.91

2012-01-04T19:31:00.001+08:00

Bought Success Transformers at RM0.885&RM0.87, Notion Vtech at RM1.69 & Coastal Contracts at RM1.91 todayKLCI: 1504

Sold JCY at RM1.15 for a return of 65% and bought Scomi at RM0.28

2012-01-03T21:52:00.001+08:00

Sold JCY at RM1.15 for a return of 65% and bought Scomi at RM0.28:

Stock	buy date	buy price (RM)	sell date	sell price (RM)	profit/loss (%)	Days of holding stocks
JCY	24/12/2010, 23/02/2011 & 06/06/2011	0.70 (average)	3/1/2012	1.15	65.00	375

KLCI: 1514

Bought Latexx at RM1.88

2011-12-30T17:47:00.000+08:00

Bought Latexx at RM1.88 today
KLCI: 1530