My Trading Adventure

Sector Watch : Construction

CP TEH
Publish date: Sun, 03 Jun 2018, 10:22 AM
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.


Morning ... it is June. The selldown in construction-stocks and building-materials was the main focus in KLSE.


Construction : day 1 gap down is a SELL. I have said that for past 1-2 years, in preparation of crash ... as many will see MORE gap down in coming months.


AnnJoo : Broken 20MA some months ago for many to exit but as most retailers do not check on charts or plan their selling, they might caught up there ... as we are diving to RM2 level now. We will check again when it is at RM1.20


Tasek : Shown Lafarge ... now Tasek-cement chart (weekly). From RM14 now at RM7. How is that?



Fajar : Will check at 32cents ... resistance at 48cents now.


So ... it is a sector to watch (including building materials : steel and cement).

to join my trading group : contact me at 012 - 821 0129

TEH
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Discussions
Be the first to like this. Showing 12 of 12 comments

SuperBest

thx bro, keep them coming!

2018-06-03 11:10

CharlesT

Annjoo rm1.20???? Is this how u learn yr TA??

2018-06-03 11:28

CharlesT

After more than 10 years using TA in stock investing n yet u cant make money fm stock mkt....what went wrong????

2018-06-03 11:32

pang72

Good analysis

2018-06-03 11:41

traderman

laugh die me ... you already said crash for the last 8 years

sometimes read your blog, what can reader get ? you wan to tell people how great you are for not buying those stocks is it ?

2018-06-03 11:45

pang72

Laugh die me...
Read traderman comment , what reader can get? You want to tell people how great you are for not buying those stocks is it?

2018-06-03 11:52

pang72

Conman criticism others? Early morning slap his own face

2018-06-03 11:53

yfchong

Livermore......

2018-06-03 13:52

johnny cash

Searching new students, this teh

2018-06-03 16:30

johnny cash

This teh his strategy in his writeup s, he always pump in FEAR, thinking by doing so, he will attract more students for his classroom.. Real dirty business man, similar to tony airasia character

2018-06-03 16:32

Bursalearner

wonder where you get the magic figure rm1.20 for AnnJoo
Annjoo is giving good dividends 21.5 sen for 2017 n 15 sen for 2016.
at rm1.20 , assuming the dividends are cut 50% to 10.75 sen for 2018, the prospective dividend yield will be 8.95%.
Based on dividend yield support alone, it seems highly unlikely Annjoo will drop to rm1.20 this year. Pls check you gut-feel,its wrong lah !

AnnJoo : Broken 20MA some months ago for many to exit but as most retailers do not check on charts or plan their selling, they might caught up there ... as we are diving to RM2 level now. We will check again when it is at RM1.20

2018-06-03 19:11

Bursalearner

Time is the limiting factor for all of us. if you spend all your investing/trading time, waiting n watching the gap down losers,what will you be at the end of the day ? no need to worry about those caught 'up there'. Its you , that you need to worry about, try to start looking for winners not losers, you will fare better, end of the day, haiz...

2018-06-03 19:19

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