Share Swapping Strategy

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I would like to share my experience on share swapping.


As some of you may aware, I bought 25 lots of RCE cap at 0.65 cents.


It is a fundamental sound company. You can see from the financial results below:

Latest Rolling 4 Quarter/Segment# Results

Quarterly Results

Q3 Q4 Q1 Q2 Q3 Rolling 4 Qtrs 12-2009 03-2010 06-2010 09-2010 12-2010 CURRENCY MYR MYR MYR MYR MYR MYR Turnover ('000) 63,157 65,589 58,884 74,624 77,179 276,276 Profit before Tax ('000) 30,044 30,012 33,740 41,299 42,401 147,452 Net Profit ('000)* 20,879 22,768 23,636 31,238 32,780 110,422 EPS (cent/sen)** 2.670 2.910 3.020 3.990 4.190 14.11 DIVIDEND CURRENCY MYR MYR MYR MYR MYR MYR DPS (cent/sen) 0.000 1.800 0.000 0.000 0.000 1.800 Special DPS (cent/sen) 0.000 0.000 0.000 0.000 0.000 0.000

IMPORTANT NOTE ON QUARTERLY RESULTS Net profit keep on increasing from 20k to 32k, EPS also from 2.67 to 4.19. But suprisingly share price from 65 cents drop until current 51 cents. What go wrong?????? ------------ Liquidity, I loss about 5 k in this stock alone.  So I saw drb cc at 48 cents, so I swap all my RCE to DRB CC and the rest is history.  Another example is KFC, bought 2 lots at RM 4.02 and it go down to 3.60, when it is at 3.93 last few days, I decided to sell with a loss of RM 200 and swap to 4 lots of KFC WB, and it let me earn RM 300, so in the end I have net profit of RM 100, Can you see the beauty of Swap???

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