My Trading Adventure

Sector crashing : Alum and Steel

CP TEH
Publish date: Sun, 16 Dec 2018, 09:26 AM
CP TEH
0 2,918
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 ... I have been warning and talking about market-crashing for past 2-3 years and many telling us (MEDIA, of coz) that market (which they are using KLCI ... misleading leh) not crash and wont be crashing YET.

Let me expose further this 'lie'. Most ignorant wont understand that KLSE is crashing and many sectors crashed (compiled about 15 sectors).

Let me discuss about STEEL ... which many retailers been STUCK up there.



Alcom : at crash-low ... closed at 49cents now. Cheap? Yes ... at 2008-crisis low now.


LBAlum : closed at 47 cents ... still dropping and shall wait to see it around 38cents.


AnnJoo : at 1.20 ... awaiting another discount 50% to 60cents. Peaked RM3.60 divide 4 = 90cents.


CSCSteel : From Rm2 to RM1 now, wait 50cents.



LionInd : At 50cents now ... awaiting 40cents.



Masteel : reaching minus 75% from peak ... buy at 18cents?


SSteel : back to 66cents base soon ... closed at 77cents, cheap?

Today, no one wants to talk about the 'under-valued' steel-counters? No more highlighting PER single digit? Why? That is how stocks prices being pushed up and now ... crashing time, NO ONE will tell you they are stupid and stuck up there, right?

There are many more in this sector which one could easily check and click on the charts? Help yourself ... and tell me, market is not crashing yet.

If you are stuck UP there, that is because you have not been listening to what is actually going-on or you are newbies ... knew nothing much on how markets and noises working.

THINK again ... how are noises in forums(i3 and such) helped you to make decisions in your investing or trading ... especially if you are newbies? You cant escape the HERD mentality with tin-kosong banging loudly.

Note : nothing is cheap there, talking about that since 2-3 years ago.

The steel sector rallied due to THEME play and NOTHING to do with long-flat steel etc etc ... those are noises to TRAP retailers to move up the stocks to SELL to you. If you are caught UP THERE stuck ... who to blame? I heard got one sifu telling steel-companies are cheap due to single-PER ... and since WHEN we value steel-companies using PER? I had that 2 years ago ... in my e-meeting, slapped myself that how naïve retailers believing in guru-sifu kinda sure-win words.

Believe YOURSELF. Learn about sectoral's cycles ... and THEME play. Once it is over, LEARN to exit.

The most difficult part in learning is NOT to believe anyone but YOURSELF.

Have a nice weekend ... don't worry about STUCK up there. 80% in those forums already stuck. You are not the only one. FEEL the herd mentality.

STUCK with them up there. Get stuck for YEARS to come. good luck getting STUCK.

TEH

More articles on My Trading Adventure
Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
Be the first to like this. Showing 29 of 29 comments

Flintstones

The only person who is ignorant is you. A good trader makes money from good or bad market. A deluded gambler like you only know how to shout crash to mislead newbies

2018-12-16 10:02

i3lurker

some people shout crash for 30 years and will be correct some of the time.

some people shout boom for 30 years and will be correct some of the time.

2018-12-16 10:04

Veron_teo

crash.. cp. teh again
every day also spread negative element

2018-12-16 10:05

CharlesT

Annjoo is my worst pick this year...sad...curi ayam but now becomes long term investor

2018-12-16 10:20

SuperBest

great posting! tqs 4 sharing!

2018-12-16 10:55

Tom

I thought you said you will never come back to I3 again....where is your promise? Someone link your blog again? lol
So you have been warning and talking about market-crashing for past 4 years....is that means every year is also bear market to you? Every year also market crash? You know what? You are truely classic stupid....what a joke, wakaka

2018-12-16 11:18

pussycats

CpTeh, since u oredi shouted market crash 4 years ago...

One question for u,,,, do u make money shorting all your above stocks...

If u are clever, U will be millionaire now... And u don't hv to open your turtle classes anymore lah.

2018-12-16 12:58

trulyinvest

Post removed.Why?

2018-12-16 13:31

calvintaneng

Post removed.Why?

2018-12-16 14:03

mneo

Mr Doom, CPTEH try to attract attention again....LOL...

2018-12-16 14:23

jolow

give cp teh a break.
he is just sharing the trend. He do nothing wrong.
CP teh... pls continue to share . Appreciate it.

2018-12-16 14:49

Tom

He is just horse behind cannon and full of shit, not someone so called "sharing the trend", period.....
He should just get lost from i3

2018-12-16 14:58

wiki123

Charles, didn't know you also have money losing one like Ann Joo... don't worry this one I'm in the same boat.. now become long term, but small portfolio... haha

2018-12-16 15:08

Lukesharewalker

Did he say he has been shouting crash for 2 or 3 years, now he got it right? How arrogant can one get? He could have been lucky. Now it's historical, can he tell forecast the immediate future, that would require some skills

2018-12-16 15:41

Flintstones

SuperBest = CP Teh. Always come to the rescue when his posts are ignored or things heat up.

2018-12-16 16:16

ChloeTai

CP Teh: I love love love your postings very very very much. Please give more frequent target lowest price.

2018-12-16 17:35

cpng

新政府下,大家特别是华人一定要吃草吃土,海水喝饱!

2018-12-16 17:56

Haw Liao

mr.teh is right...if u are stuck somewhere, pls do yourself a favor by cutting loss, save whats left of your capital and gain back another day will come, be patient and u will survive this game of stock

2018-12-16 21:59

mneo

CPTeh is wrong.. The fall already happened... Now he is just story telling... The facts are not true also... O&G, Alum... crashing? what happen to Petronas, Pmetal? LOL..
The Bursa market is already bad for a few months... Now only realize is a bit too late... if cut loss now.. I think it is too late... If get stuck, might as well wait patiently for a few months... FED is going to stop rate cut.. China-US trade war is stopping soon... Oil price is going to rebound... It is bad... but not that bad.. Market is not going to crash...
Emerging market is very cheap now... much cheaper than US equity now.....

2018-12-16 22:28

Haw Liao

beware of market makers...if u follow mainstream media u get eaten alive, better listen to mr.teh and be safe

2018-12-16 22:32

Tom

what are you taking about? LOL
Cpteh is just a horse behind cannon, he never warned retailers about price peak for certain stocks.....

2018-12-16 22:45

mneo

Correction.. should be "FED is going to stop rate rise"..

Posted by mneo > Dec 16, 2018 10:28 PM | Report Abuse X

CPTeh is wrong.. The fall already happened... Now he is just story telling... The facts are not true also... O&G, Alum... crashing? what happen to Petronas, Pmetal? LOL..
The Bursa market is already bad for a few months... Now only realize is a bit too late... if cut loss now.. I think it is too late... If get stuck, might as well wait patiently for a few months... FED is going to stop rate cut.. China-US trade war is stopping soon... Oil price is going to rebound... It is bad... but not that bad.. Market is not going to crash...
Emerging market is very cheap now... much cheaper than US equity now.....

2018-12-16 22:50

Tom

Cpteh is like 看图说故事,a horse behind cannon story teller....period

2018-12-16 22:51

teareader818

CPTeh is rendering us free service for which we should be happy. Take it or leave it. Why have to be so nasty. Lol.

2018-12-17 02:11

Tom

Horse behind cannon is horse behind cannon.....who cares whether it is free service.....if someone don't like see comments, please learn from kyy how to disable comments, lol

2018-12-17 10:05

Avangelice

the way he talk really makes me wanna bitch slap him.

2018-12-17 11:09

Haw Liao

Believe YOURSELF. Learn about sectoral's cycles ... and THEME play. Once it is over, LEARN to exit.

Thank you Mr.Teh. This will be one of my commandments in trading. God bless!

2018-12-17 17:06

Haw Liao

a song dedicated to Mr.Teh...

https://www.youtube.com/watch?v=f5ShDNOqq1E

your advice will save alot of ppl, while sacrificing yourself to endless insults...

2018-12-17 17:09

Tom

how can horse back cannon story teller save a lot of ppl when the incident already happened.... funny lo....it is not sacrifice, it is wasting his time for nothing, lol

2018-12-17 19:58

Post a Comment