Riding the Pandemic Wave with an Undervalued Stock

2020년 5월 17일

When I first started in the stock market, OCNCASH (face masks), AWC (building disinfection or sanitizing) and CCK (fishballs) were on my list for consideration.

Out of the three I only managed to get into AWC in April 2020.

After I disposed off some long term stagnant counters, with some capital freed up I could choose between OCNCASH and AWC. I left CCK out as I believe that the demand for fishballs whether with or without the pandemic would remain constant.

Between OCNCASH and AWC based on the respective share prices in mid of May 2020, OCNCASH seems to be undervalued whereas AWC has hit its fair value. Therefore I have entered OCNCASH this time around, targeting to release as the share price reaches its fair value.

2020년 5월 18일

노트

Averaged down a little with profits from AWC - current average price is RM0.698.
CL: RM0.63 | 50% TP: RM0.85

Remaining 50% to rally until end of the year 2020.

2020년 5월 19일

매매 수동청산

Hit CL and still attempted to hold on. Position closed at RM0.61.