Ahyeo> Did JCY's prev results mirror that of Seagate? Hope u can share. Thanks

JjTrader> if u think about it, EVERYDAY is a T+4 for SOMEBODY.

an earlier comment said some research house had an intrinsic value of 4.15



i almost fell off my chair laughing
nice one.

open 68.5, high 72.5, currently 71
careful. uptrend DEPENDS on the time period that u are looking at.
5 min chart = maybe uptrend
1 min chart = maybe downtrend
daily = maybe downtrend
weekly = dont have. lol

What time period should u be looking at?
that one, u need to ask urself...
What sort of VOLATILITY can u stomach?

From a low of 40sen in end Sep 2011 to a high of 1.40 recently = 250% in slightly more than 4mths.

did the earnings go up so much?
since px always move ahead of fundamentals, dont u think the px has move way too far ahead of its numbers?

for me, fundamentals just dont work n i'd rather FOCUS on the px. In this case, the px has reached its top n come down to 1.20.

This is what I meant earlier by Buy High, Sell Low.

-peace-

When u have an imaginary target px or fair value in ur head for eg 2.00 and the px comes down to 1.50, u think to urself, WOW! its now cheaper by 50sen...i shud buy more! Then, when the px goes down even further to 1.00, u comfort urself by saying OMG! if i buy sumore, i can make a 100pct return or DOUBLE UP !

This is what AVERAGING DOWN means and simply put, Averaging ur LOSERS just DOESNT WORK!!
The only Fair Value that is relevant is the CURRENT PX.

-peace-

A food for thought...
10 analysts can look at the Same company, Same account, Same data...yet all 10 may have so many different valuation methods, financial models, fair values and my all time fave>GROWTH ASSUMPTIONS!!

Using past accounting results ie 3-6mths OLD to forecast the future growth or the result of a co is valuable BUT it does not tell you where the price is going, how its going there and when its going there.

PRICE already Factored and Discounted EVERYTHING.

NEVER buy something when its on its way down, thinking it SHOULD/WILL bounce back.
Buy AFTER it hits the bottom and confirmed reversal and is in an UPWARD trend..keyword here = AFTER.

This is what I mean earlier by...Buy Higher, Sell Lower.

strike px = 2.40
mother = 2.46
wrnt = mother - strike = 0.06
wrnt px now = 0.75 = 0.69sen OUT OF THE MONEY

bear in mind...it was a FREE wrnt with RIGHTS

do the maths.

i cant think of any wrnt in Malaysia that does American style, EVER.

warrant px = free with rights issue
maturity = 2017
convert ratio = 1:1
strike = RM2.40
current mother = 2.44

then next time buy mother. dont speculate on warrant.
in the end, only u urself know if u are lying to urself.
cutting loss is hard cos it forces u to admit u r wrong and nobody likes to be wrong.

which is better?
1. Out of 10 trades, get 2 wrong BUT lose money
2. Out of 10 trades, get 8 wrong BUT make money
.....think about it.

-have a great weekend and all d best-

ckchung> since u are so sure, pls give the others a PUT option for them to exercise, in case the px DONT go UP. I'm sure u will, cos u are so SURE.

if price rebounds, n u make a handsome profit...
was it deserved success?
or just dumb luck?

yest n this morning, so many cheering for the stock, RM1.00 lah, 2012 is O&G lah, mother damn strong lah, hottest counter lah, etc...where are they now?

if u got burned, do u blame urself? will u learn? still think there's somebody out there who can predict?

NOW = 0.75

i'm trying to help n share by making people think, is the way they trade now the right way or the wrong way. or is everybody just trade based on tips/gut-feel/stories etc?

chailoy> if u want to understand, then ask...but if thats to hard, then google urself. be wary of those who tell u to buy this or that, give u stories, give u TP etc.

i never offered any predictions nor do i offer any tips/rumours.
i only trade with the trend

cmlooi> very well said. i like ur style
follow the trend, until the end, when it bends.

Rans> Wrong question buddy. NOBODY can PREDICT anything
alkers>
good process + good outcome = deserved success
good process + bad outcome = bad break
bad process + good outcome = dumb luck
bad process + bad outcome = poetic justice

candy...omg, i swear i dont understand a word ur saying. lol
rans...google it up...trend following
bomb...no apologies needed bro

-peace-

Chris> sorry for being harsh but stop asking stupid questions. NOBODY can PREDICT ANYTHING.
i NEVER have a target price for ANYTHING
i ride the TREND till the END
but i always have a CUT LOSS target

If u take care of the RISK
Then the RETURN will take care of u

The px has come off >10% from DayHi of 0.90...
It does seem to me that the TREND have reversed, mind you, there's only ONE day data, so u would hv to use a 5 or 10min chart ie VERY VOLATILE
Yest open at 0.04, close at 0.345, UP 762.5%
NOW = 0.80...UP 131.88%

Do the maths.

Smart man learns from his own mistakes
Wise man learns from other's mistakes
But fools just never learn

Cut your losses FAST
Let ur profits run
NEVER average DOWN ur losers
Instead average UP ur winners

-peace-

wheres the guy who say it will go to RM1?
still trying to predict markets?
still listening to "tips"?

r u guys still praying now px gone to 0.80?
still trading based on hope n prayers?

-sigh-

candy- u obviously dont get it. its not about contra or not. if u want to learn go n google it up, if u dont want to learn, well..not my problem.

kizz- google it up bro. i gave so many hints already. give a man, a fish and he eats one day...teach him fishing n he will eat his whole life.

-peace-

mid-life crisis? lol. u cracked me up on a fri afternoon.
i look 10 yrs younger than my real age la bro.
maybe my way of sharing is a bit crude, but i mean well. but seriously, people need to learn, unlearn & relearn. only thing that is constant is change, but, most just want to take the easy way n trade based on what others tell them to do, in the end get burned...but still most of them still dont learn.

in here, u still get people asking...can still buy ah? how far can go ah ? how much ah ?

-sigh-

Very sound advice.
buy a stock n then pray hard.
Blind Faith. Blind Hope. Blind Greed.

its not MY theory. i never claimed anything. just trying to share n help others.

there's too MANY people saying all sorts of things like i think can go up la, should buy now la, next week sure fly la...and the public who didnt know better just follow in the hope that they are getting "TIP" or inside info etc.
my simple advice is FOLLOW THE TREND. PRICE IS THE ONLY THING THAT MATTERS.

Think for urself, why 10 analyst look at same co, same data, can have so many diff buy la, sell la, hold la, targets etc?
N why 10 diff chartists can have so many support la, resistance la, wave count la, bottom la, peak la, head n shoulder la, teacup la, candle la...? think about it & if u cant be bothered to learn more, than may i suggest might as well go Genting and ta-kao hari2. lmao

another advice = tolongla google and learn more n stop listening to what people think, tips, predictions, etc...if somebody comes to u n say this n that etc...ask them the px in next 10mins n see if they can do or not. how many times are they right, how many times are they wrong?

in the end, its ur money, ur profit, ur loss, ur problem.
p/s: it takes a lot more to piss me off. lol
-peace-

u will know, AFTER, it moves.

ok lah, so as not to further confuse people n unfortunately most malaysians are so used to be spoon fed.
short n simplified answer =
BUY Higher from the BOTTOM as the TREND reverses UP
SELL Lower from the TOP as the TREND reverses DOWN
Keep in mind, NOBODY knows where is the TOP/BOTTOM until AFTER it happens.

OMG...of course la if stock gets delisted, whatever u use also wont work. how many times u buy stock n hold until gets delisted? dont conclude based on 1% if 99% is true.

-peace-

hahahaha
like it said, the simplest thing to do is the hardest
if u x know, then go learn...if x know where to learn, then Google. dont expect to be spoon fed all the time. lmao
if u think u already know everything n where the price is going to go...then let me ask u this...no need tell me where the px is going next week or tomorrow etc...just tell me what is the px in the next 10mins time. easier, for everybody to check if ur right or wrong. how do u know u bought very low? based on what?
AND, if u can predict one stock, then u CAN predict any stock, any market, anything...rofl

BUY HIGH, SELL LOW.
if u truly believe that NOBODY can predict ANYTHING, then there's only one way to trade....FOLLOW the TREND.
key word = FOLLOW

Buy High. Sell Low.
Buy when it goes UP.
Sell when it goes DOWN.
The simplest thing to do IS the HARDEST.

cmlooi - becareful when u use candles. Its predictive. Its inconsistent. Sometimes work, sometimes dont, some stocks betul, other times salah...check what happens when u change the period from daily or wkly or monthly or hourly etc...

Blind Faith. Blind Greed. Blind Hope.
Once u stop trading based on.."i think", it will, it must, it should ie thinking you have some sort of magical powers that can predict markets.....The better trader you will become.

-peace-

Stop trying to Buy Low & Sell High
Start Buying High & Sell Low...if u know what I mean.

PRICE discounts everything & PREDICTION is futile
So wait for the signal, then ride the TREND till the END.

i didnt say cannot. i said the trend is down. i cannot predict, hence i dont know whether can or cannot, and i'm not bothered...i only follow the trend.
killercycle say can? sure, talk is cheap. OFFER these guys a PUT option then. DARE?

I only believe in NOW.
And NOW the px is 1.26
And NOW the TREND is down
Choose what you want to believe, cos its your own money.

Perhaps killercycle can offer the rest a PUT option at RM2?? since he is so sure. lol

cmlooi.....+1
wise advice indeed. those who only listen to "stock messiah" or people who claim can predict or konon got sure make money tip...ALWAYS lose.

Its not HARD. Its only IMPOSSIBLE. NOBODY can predict ANYTHING...FULL STOP. The faster you understand and accept it, the faster you will be a better trader.

Maybe those who have been talking a lot about the value or that the px can fly etc would like to offer a PUT option to the rest. Say at RM2.00? If it doesnt go there by (eg) end of March, then the traders here can sell to him at RM2.00? Deal or NO Deal ? Or y'all just talking bullshet only?

Up n Down the market goes, Where n When, NOBODY Knows !!

Buy AFTER the trend goes up. Sell AFTER the trend goes down.

why? is it because you KNOW it will go up? or u THINK it will go up?

Like i said earlier. JCY's only relevant fair value = LAST PX = 1.27. Stop predicting or thinking ANYONE KNOWS where the price is going and u will be a lot better. FUNDAMENTALS/past earnings and results DOES NOT MATTER. if it does, CIMB wont go down from RM9 until RM7. If fundamentals/earnings will determine the direction of price, then how u explain NICORP or HARVEST etc.
Stop listening to NOISE, everyone have got their own agenda n may write this la, that la, must go up, tomorrow sure fly la, ini petang confirm limit down la, i heard this la, my friend knows what la etc.

JUST LOOK AT THE PRICE !!

-peace-

Price is the ONLY thing that matters. Everything else is just NOISE. PRICE is the only data that is real and relevant.

Its funny to read one person who doesn't agree with another person's analysis, then, slams that guy and calls it nonsense. How do you know that this person himself don't have personal interest? And at the same time, offering his analysis as the truth while everybody else is wrong. Sounds like he also got interest.

PAST = history
Future = nobody knows, cos nobody can predict
NOW = the only truth = FACT
WHY a price goes up or down DOES NOT matter.
Keep it Simple and just Follow The Trend
Simple FACT is JCY's fair value = 1.40 = CURRENT price.