My Trading Adventure

Updates : Aug week #1

CP TEH
Publish date: Sun, 07 Aug 2016, 01:29 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
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Updates from my previous alerts

#1 : Asiabrn (ex-HingYap)

http://cpteh.blogspot.my/2016/06/stock-alert-asiabrn.html


It was trading at RM1.20 when I wrote the above. Someone e-mail me as she stuck at RM3 level.


AsiaBrand : Trading at 90cents ... with trading-volume diminishing after huge sell-off .. as it is never in my list, I do not know much about the sell-off or who the shareholders are. Go to their website or BursaMalaysia to check.

#2 : Evergreen



Evergreen : Trading below RM1 ... closed at 92 cents. When someone asked me and said he bought at RM1.30, I could only show the downtrending chart and said ... if RM1 support broken, technically it will continue to go lower ... and NOT initiating a SELL to cut-loss as I do not know why he is stuck at RM1.30. Be strong ... the furniture stocks over when I sold ALL my furniture ... and I wrote it here too.

#3 : FLBhd



May 27th .. I have alerted about FLBhd to break RM2 strong support, we shall see more downside. Trading at RM1.70 level at the moment, it might make a short rebound ... and watch the breakdown of RM1.65 level ... and we need to check the next support at around RM1.45.

#4 : MBSB



MBSB : I bought RM1.15 before ... I think. Then, announcement of RIGHT-ISSUE price, I sold her off the next day as it will be HIGH RISK. It shot up to hit RM1.20 ... before dived 1-2 weeks later ... all the to RM1 which I placed another red-alert. Adjusted rights ... we shall see 97cents as resistance now.

Last week ... the HUGE volume surged ... the CMY's effect? By the way, if you are new and do not who CMY is ... The Star biz yesterday written about him. Do have a read, it will give you a rough idea. I missed the rebound and will not chase ... 20MA is at 86cents.

Many retailers STUCK inside MBSB, hoping it could rebound back to their cost price at RM1, RM1.30, RM1.80 ... or higher? Doing another AirAsia stunt?

#5 : SKPetrol



SKPetrol still trading around RM1.40 level. Sideway with crude-oil tumbling back to USD40 level.


To illustrate the debt load situation, a check on Bloomberg data reveals at least seven companies listed on Bursa Malaysia whose net debts currently exceed their entire market capitalisations.
The companies include SapuraKencana Petroleum Bhd (SapKen), Bumi Armada Bhd, Wah Seong Corp Bhd, and Icon Offshore Bhd, among others.

OK ... I will write more when I m free.

Have a nice Sunday.

TEH

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Discussions
Be the first to like this. Showing 3 of 3 comments

klee1

Post removed.Why?

2016-08-07 15:44

slts

still predicting mkt goin to crash
but still punting here & there

2016-08-07 16:58

Flintstones

When i was a kid, my dad used to joke about the habitual gambler who finally heard about a race with only one horse in it. He bet all his money on it, but he lost when the horse jumped over the fence and ran away. There is no sure thing, only better and worse bets, and anyone who trades without expecting something to go wrong is playing the most dangerous game around.

2016-08-07 17:45

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