Wednesday, November 13, 2013

SWAP to UMWOG


Buy in 30 lots of UMWOG @ 3.14, this is swap from all my YTL @ 1.64. reason doing SWAP is UMWOG unlikely to drop below my TP less then RM3, thus to avoid running chicken and for water temperature testing, i had swap my capital from YTL to UMWOG, no additional fund alocated for it as of now. so why YTL? i'm almost jetst getting back by broker commision. YTL is currently @ PE 12, if we target PE @ 15-18, the most return i can get is around 10-20%. with that says, swaping to UMWOG is giving me more chance to hitting return ~30%. Just for this reason.

Also i had placed a sell on my remaining YTLPOWR-WB @ 0.725, see how it goes tomorrow :)

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