Previously i have mentioned that i deleted TENAGA from my watchlist. The reason as per below:-
1) It is a Government link company.
2) Malaysia's politics is unstable.
3) i am not trust enough to the management of TENAGA.
After i sold out TENAGA, few stocks with good management system is in my mind. i had make a decision to choose two of the stocks in my watchlist. The transaction i made from 14.07.2008 to 12.08.2008 as per below:-
Date stocks name buy/sell units Avg price transact cost
14.07.2008 AIRASIA buy 2000 0.86 14.52
15.07.2008 KFC buy 1000 5.875 32.4
01.08.2008 AIRASIA sell 1000 1.13 14.34
05.08.2008 AIRASIA sell 1000 1.13 14.34
12.08.2008 KFC sell 1000 6.5 36.25
Total investment amount = RM7641.92
Total net profit = RM 1053.16
% of net profit= 13.78%
Why i choose AIRASIA and KFC on this time? And why i sold out them?
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