January 04, 2013

PPB-A 15-Day Investment Outing

Good Entry When It Dipped
I took a loan and while it was not used, it was attracting interest payment.

So, I bought a small investment into PPB on 18 December 2012 when I saw EPF selling it down the river.

I have been on the board selling tough but nobody wanted my stock.

Today, they took it off me. Made RM 99.26.

By the grace of God, this works out to a  return  of almost two months interest on the loan.

So, it looks like I may have to do some more risk taking to collect interest repayment for the following months.

An interesting counter to watch and buy on the slide would be our friendly Pos Malaysia since foreign interests are collecting it.

So, like a hawk I will be watching it. It is now standing at RM 3.52.