Greed and fear are always the 2 things a real investor has to grapple with.

The operator continues to push down Hua An on continued weakness in the broader mkt led by a sharp drop in Prestariang.

Currently, Bursa counters are "attacked" on 2 fronts:
1. Mkt operators that make use of buy and sell queues to induce more selling;
2. Words from operator's runners or agenda-driven forumers that talk down on the counters, hoping to collect cheap.

If you really cannot stomach this heightened stress test, I guess it is better to surrender and sell early....

Sadly, a lot of "Prestariang" punters lost $$$ today, "played out" by the operator and aggravated by emil's sell call...

*********************************************************************************
Prestariang Berhad

emil ya plenty to collect at 10sen..
09/12/2018 07:35

Haha, u do not need to understand that. The fact remains lancetsy can never be Mr Liu, in all capacities...

Put it this way, I think Mr Liu is a smart guy. He would not want to sell a big chunk of shares in the open mkt to depress his own share price. Moreover, he could have had a business consideration to sell a stake to another party if that party can be deemed as an asset to the company. Only the parties involved know exactly the reason.

But if lancetsy happens to be Mr Liu, I dare not imagine...

Married deals are off-mkt deals done between 2 parties on a willing-buyer-and-willing seller basis, out of personal/business considerations.

Today, most penny stocks are down slightly on low vol. A good sign if this can be maintained.

https://www.cnbc.com/2018/12/08/its-a-messy-correction--not-a-bear-market-money-manager-says.html
https://www.cnbc.com/2018/12/07/kudlow-trump-would-consider-extending-90-day-trade-truce-with-china-if-good-progress-made-in-talks.html

Haha, emil is trying to use his foul mouth to collect cheap shares at 10 sen. Let's see if his scare tactic can work. Who knows he is a runner from the operator? We can wait for durians to drop then...lol

**********************************************************************************
emil ya plenty to collect at 10sen..
09/12/2018 07:35

Gohhocks,

Your so-called good share, Tunepro, can drop from 73 sen on 15 Nov, until 60 sen now(a drop of 17.8% in less than a month). So, we can deduce that this steep drop is across the board. Most counters are affected and it clears the misconception that only Hua An drops a lot.

Anyway, nobody knows for sure how the economic events are going to play out. Once the good news/factor comes in, all counters should get a lift up, hopefully in January.

Incidentally, I was rather amused by one of the postings at Tune Protect Group's thread:

*********************************************************************************

khwong2028 drop until mother also not recognised
28/11/2018 12:15

Gohhocks, you speak like an expert? I hope you are not wrong about Tune Protect Group's price. It is at 60 sen now.

For those who are very bearish about Hua An, better sell early....at Gohhocks's sell call.

********************************************************************************

Stock: [TUNEPRO]: TUNE PROTECT GROUP BHD
Nov 15, 2018 10:50 PM | Report Abuse
Target price by UOB at 85 cents looks quite realistic, upside around 15% quite possible.. e


Stock: [TUNEPRO]: TUNE PROTECT GROUP BHD
Nov 15, 2018 10:45 PM | Report Abuse
Qtr result not very bad, if can deliver EPS of 7-8cents for 2018, dividend should be around 3.5 cents, which still yield more than 4%, looking at current share price of 73 cents, it’s still quite attractive..

I just checked the Bursa website. It was a married deal on 5 Dec at 18 sen. I wonder who has bought from him(4.81% stake).

Haha, all of you are so good in predicting future prices. Go to Genting Highland to bet big or small. Easier to win! Even mkt operator also cannot tell precisely where the price will be eventually. Much will depend on economic developments and company performance.

Otherwise, it is an easy job for everybody. All can wait for the so-called lowest price to buy and the so-called highest price to sell.

Mkts will not drop forever. I begin to see light at the end of the tunnel:
1. OPEC has just announced an output cut. Oil price rallies on the news. Good for oil net-exporting countries like Malaysia;
2. Fed Chairman Mr Powell has said US rates are near the neutral rate, meaning less rate hikes for 2019. Good for businesses generally, esp those with high external debts;
3. US-China trade war: Trade talk is in progress.

Awea Pro, do not be a sore loser. This counter has dropped a lot alongside with 90% of all Bursa small and mid-cap stocks(including your favourite Priceworth). If u think that this counter is a rubbish stock, then u should go and say the same thing to all other penny counters in other threads as well.

I know u are a victim of "chasing high", having lost an undisclosed amount on this counter previously. That is why I do not chase high like u.

Frankly speaking, quite a no of Bursa counters have been "deliberately" pressed down so low due to poor mkt sentiments that the investment values(with ROI potentially higher than FD rates) start to emerge on a longer term basis. If I can afford, I will want to slowly buy up more good counters to keep. Currently, I have exposure in this counter, so I want to average down my holding cost.

Do not follow me if you do not have holding power.

I saw very few "real" sellers at 17 sen. In the end, the mkt operator queues to cover back at 17 sen....

I hope to collect more before year-end..

I guess quite a no of us queued at 17 sen today. My 17 sen buy queue, not done....

US mkt is closed tonight. Let's see if there's a rebound tomorrow night from Dow's close to 800 pts drop...

As expected, there's positive news from the G20 meeting. China and HK mkts got a strong boost from the news today - a 90 day tariffs truce to iron out outstanding trade matters.

Hopefully, the worst is over for Hua An, near-term. Let's wait for the mkt operator to slowly warm it up for punters like Paloma to join the 2019 new-year party specially arranged for them. Lol.

I believe most of u have learnt some good trading advice from me. I will not be so active in my postings from now on as it takes up a lot of my precious time.

Today is the last trading day of Nov. Tomorrow marks the start of Dec, when most traders/investors have planned to go on holiday with their families.

Trading activities will be subdued. Mkt operators will call shots. Preserve bullets for any cost averaging needs and stay disciplined with your trade plan.

Price has corrected so much. I started to nibble at this counter, with dollar cost averaging method as my backup plan...

Buy only if u have the holding power and have a stomach for volatility. On the safer side, space out purchases to take advantage of dollar cost averaging.

Do your own due diligence. Not for the faint hearted and strongly not recommended for contra play...

Do u know why some seasoned players call these mkt operators "sharks"?

Because they like to do these 2 things to exploit on the mkt sentiments:
1. To.add oil to fuel when mkt is hot;
2. To rub salts in players' wounds when mkt is bad.

All for 1 purpose - to maximise gains

A lot of pp simply shout "run" when price is pushed down. Did they test the mkt operator?

If we collectively queue 500k shares to buy at 19 sen, u think the operator dares to churn down? Later, he may have to buy back at much higher prices to cover.

I do not look at fair value. I look at trading dynamics.

Sifu is just a title. It is for pp to judge.

In a bull mkt, a lot of pp can be called sifus. Only in a bear mkt, we can see whether one is a real sifu...

Not many sifus are willing to impart this knowledge for free!

Actually I do not feel like teaching u guys. But I see some of u so pitiful. That's why I come in to help...

Tipster, how long have you been in this mkt? U speak as though u are a newbie.

Every Dec, pp are going for holidays. Not in a buying mood. So, buying demand is low. So, the operators can churn down easily.

Why are they doing this? To collect low and prepare for the new year rally, when pushed up to throw to punters like Paloma(who thinks higher prices are better) to chase high and release their stocks.

Haha..do not be fooled with what u see! Mkt is always for the prepared!

ShareRich, smart move! You are doing what the mkt operator is doing now. Sold much higher earlier and buy back much lower(by pushing down the price now)

This is obviously the "collaborative" work by the operators combined. A lot of counters have been deliberately pressed down across the board to shake out investors. Look at Prestariang, it comes down even more today after its result release yesterday.

If you cannot stomach such volatility, you will simply fall into their trap to sell. The more the selling pressure, the lower they will push down..

The year-end lull period is here, where mkt demand is not high. This scenario is expected to change, comes January next year when mkt participants come back for the new year(CNY rally).

My friend thanked me for the good tip I shared earlier on G20 meeting. He made good money from buying a HSI call warrant - probably too risky to enter now.

Mkt is for the prepared. I think this thread will have low traffic vol. Nothing interesting to read about.

Haha...since somebody does not like it, I'd better save my time and do more useful things. He gives me a good excuse to skip this chore of doing a thankless job. Good riddance! My time can be better used..

Closed at 21 sen. Still did not hit his daily KPI today. Lol.

The operator of Hua An heard me? He has started to churn up slowly. Hopefully, he will be able to hit his daily KPI today....

China and HK mkts have been rather resilient of late. The HSI call warrants are having a better time, after heavy drops earlier in the year.

Is this an indication of better times to come or just a speculative play by the big boys before the G20 meeting? We will catch a glimpse of it at the coming G20 meeting this weekend.

A stronger HK mkt has given a good excuse for operators to push up some speculative counters like Prestariang, My Eg Services, etc. Incidentally, these stocks were down last Friday.

Net net, they are still held in a trading range planned and dictated by the smart operators.

This morning, the KL mkt is pressured by a big drop in crude oil price. Most of the O&G counters are trading lower.

Mkt sentiments remain weak. And Hua An's operator is hoping to collect some cheap shares. On the other hand, China and HK mkts are higher.

Haha, go and chase after your "good stock", Awea Pro. Share price drops so much after right and bonus issue.

---------------------------------------------------------------------------------
Stock: [PWORTH]: PRICEWORTH INTERNATIONAL BHD
Nov 23, 2018 03:31 PM | Report Abuse
there is proposal tu buy back share

The situation is very different for Prestariang. Some punters had chased high in the last 2 days. If the operator shakes on the price, he can easily collect back some of his sold shares at lower prices....

But somehow, it affects the sentiments on other penny stocks like Hua An..

Why not done? The reason is obvious to me. Not many sellers, already tested at 21 sen.

Operator is no fool. If he cannot "squeeze out" shares at lower price, he will not try....

Suddenly, the operator decided to churn down at 21 sen, led by weakness in selected counters like Prestariang, My Eg Services, etc.

I queued at 20 sen. Still not done? Lol.

Vincent,

My situation is vastly different from yours. My investment cost is low. I can sell anytime when I can make a profit. For longer term investors, you must do your own assessment of the company's latest investment, taking into account your own investment objective and timeframe too.

Mkt can be weak short term, but it can still have periods of upswings, supported by any positive mkt factors, eg G20 meeting(a trade deal?), FOMC meeting(positive guidance on 2019 US rate hikes?), CNY rally, etc..

People never plan to fail. But they fail to plan...

In the good old days(during the CLOB International), a lot of older Singaporeans also liked to punt on Malaysian shares during the period of 1990s. And they learnt their lesson after big drops in prices following the super bull run in 1993 and the later abolition of the CLOB International.

I wonder if punters do this. The answer is no. Majority just punt on vol, not knowing they are being made "pawns" in the operator's overall game plan. This applies to most stocks at Bursa.

Of course, the winners are those who chase earlier and the losers are those who chase last..

As at 11am today, only 468,200 shares traded. What it tells me is very few sellers for this counter. At the same time, also not many buyers. Next, we will see what the mkt operator does to achieve his daily KPI...

Why do I monitor this? If suddenly a surge of vol, I can tell which way the operator churns...

Haha...

Of course for those who bought at much higher prices, this method cannot work well as you need a lot of $$$ to do that.

In a casino, some players use "system bets" to enhance winning chances at the casino. Likewise, we can use "dollar cost averaging" in a stock mkt to beat volatility.

Given a weak mkt, if we plan our trades well in a smart and disciplined way, we can still make a profit(provided the company does not make a huge loss or gets delisted) by doing dollar cost averaging. Once the prices goes above our average holding cost, we can sell for a profit. In fact, this is also practised by the mkt operator.

Wow, I share another trade secret of the operator today....

Well, the rationale is good. Total investment is RM 28m(not a big investment). It takes time to tell if the management has made the right decisions. Hope the management has done the due diligence.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5981605

Christmas coming.....Pre-Christmas stocks clearance sale!

This morning, a lot of speculative counters reverse course on weakness, eg Prestariang, Opcom, Ewein, etc. So, the operator for Hua An reduces buy queues for 21.5 sen.....lol

One bright star is Goodway Integrated Industries, up on "stocks clearance sale", as usual.

No action for Hua An yet. But at closing, the operator stacked up buyers at 21.5 sen, as an indicative higher open for tomorrow - for traders to take 22 sen seller's bids?

Let's see if this turns out that way..