Stock Watch - Bought 1000 shares of Tenaga
Today i invested on 1000 shares of Tenaga (5347) at the price of RM 6.00 We shall see how this baby perform this few days as Tenaga is a Government Linked Company (GLC) + Blue Chip Stock.
During bear market, blue chip stocks should be our priority. I am not playing contra for this stock unless it goes up in this few days.
If Tenaga goes against me, i will keep this share under my pillow. Who knows my pillow feathers will turn into gold?
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5 Responses to “Stock Watch - Bought 1000 shares of Tenaga”
By LOKE on Mar 26, 2009 | Reply
What makes you investing in the stock besides being blue chip??? Thanks for sharing…
By Kampung Boy on Mar 27, 2009 | Reply
Why i invest in stocks? Reason is simple. Prices of stock has gone down a lot of late.
Of course it might not be the lowest but still relatively low.
Another main reason, high risk high gain ma! ^^
Investing in stocks is very high the risk but the gain is also very high. So i am willing to take the risk for the gain.
How abt ya Loke? ^^
By Horizon on Mar 27, 2009 | Reply
I’m always baffled by Tenaga’s forex gains/losses and the ever on-going negotiation on electricity tariffs and so on. While it is a utility company it’s just so unpredictable on the earnings side. But being government backed, I guess you are quite safe with it.
By period8 on Apr 30, 2009 | Reply
Man, you made the right choice
next time I follow you ahaha
You can sell now 7.25 liao!
I’m exploring Forex now
wish me luck
By Kampung Boy on May 1, 2009 | Reply
I sold much earlier. I think 6.45 i sold already.
My internet line was down. Didn’t get to write. Dang!!!