Yep. Not easy to replicated. I read both books from the same author. They pit FA with TA. I'm trying to do hybrid system. I'm trying to average down by exploiting price volatility. Here's my strategy, for a counters that's bullish. It will have pullbacks. Let's say 100% of my capital are made of 50% cash and 50% margin. And 50% cash was bought into Armada with 800K shares with average of 30sen. And I queue L1(10%)-and again another L2(10%), 10% lower from previous pull back with my margin at 200K shares each. Let say armada pullback to 44sen and rebounded back to 48 sen, I would have made 200K shares at 4sen. That would reduce my cost for 800K shares by 1sen. If it hits L2, that would be 200K shares making 4sen and another 200K shares making 8sen. That would reduce my cost of 800K shares by 3sen. I do not see how averaging up helps with incurred bigger risk exposure.

quite stupid le you shpok. Discussing a technique and later backed by evidence is a lot of different from....

buy, day low. Sell, day high. Bukti-nadai. Nope don't have. Then for what le?

it's called day traders. No problem.

I'm not interested in people backside. I'm curious why people themselves into backside. So, why people become backside ar? =D

Only kiasu people will come pretend they bought day low and sell day high and turn themselves into backside. When people ask why he becomes backside; then he becomes angry. Stupid la. =D

Very bo mood with MTAG. Zzzz die die wanna save the half cent. Now 60sen damm gek sim.

Ada rezeki dapat la.

Paktua, pakai maybank kah? Boleh set good till. Set siap siap satu bulan.

Yg tak best tak boleh set sell call bila turun.

I got do also. My stats so far, 55-60% correct. Buttttt, the transaction fees is eating up my profits. That’s why I queue on huge pull back. My queue is 44sen, 40sen and 38sen.

Another fake news come up, I hoseh lo.

Let’s put it this way, every 100lots u buy at 20sen. And for each gap up that u sell and buy back on temporal dips make u 2 sen. For each cycle that you are correct, ur cost drops 2sen. After5 cycle, ur cost has reduced to 10sen.

But ofcos, every cycle that u got it wrong, the avg goes up. Timing the market is not easy job at all. That’s why I call people that day day claim they buy day low and sell at day high are sohai. Where got so lucky? Those that sell 45.5 yesterday very so hai lo.

Those that sold 48sen and queue 46sen got chance to make 2sen more if matched. If IB sapu and push 52sen. He lost 4 sen lo.

Not true le panda, during 49.5 sen pullback to 36.5, I sapu another 400k shares avg at 40.25 sen and sell at 45.5sen. That made me another 15k ++.

Import to keep some bullet to stay in the game.

Robert, that depends on trend. This counter is in bullish upwards cycling with impending catalyst. And there is a huge fundamental changes, e.g pared down debts and increased operational margin. Price will re-rates.

The thing is, it’s not easy to persuade people when it’s on its way down to 15sen. And current price is already 300% increased.

Problem is, if using 15sen as based line, 60sen drop to 15 sen was 400% drop. Now, only recovered 300% still got another 15sen to go just to be fair to armada. If margin is better than 3 yrs ago, there is no reason to not priced armada higher.

Bottom line is, the market is very inefficient in pricing prospect. If u price armadas value at 70sen, even 50sen is cheap. But if cos if market willing to sell at 45sen; u will be more willing to buy.

Another counter that I KIV. MTAG, I price it at RM1.++. 60sen is still damm cheap. Too bad that I tot I could at 50.5sen. Just Bcos of the half sen, I missed the boat. See when at T6 got any pullback, I will buy in whatever price.

I think IK and shpok got hold.

And they also got buy on temporal dips and sell when price up.

Stupid part is day day claim buy low and sell high. I’m sure yesterday case was sell low buy high.

Don’t add up also say buy low sell high. Hahaha. That’s really kiasu.

Yesterday huge block at 46sen by shorties. Today dare not liao. Just in case IB come sapu, they go naked again. 48sen queue not big. If IB sapu, will break again.

U can see only lo.

If IB sapu today and break 50sen. How u gonna buy?

Good that both of stopped. So, u r right. Time to stop calling u two sohai.

I always queue 7%-15% ready to collect if got pull back. And play technical rebound.

Redtrooper style

Learn to be sohai? No thanks...

I only call people sohai when he is doing something sohai. That's cause and effect.
That's called karma.

But generally, I do take profit in strength and buy in on consolidation.

The numbers of shares double. EPS halved. 3sen, annualised EPS 12sen

The numbers of shares double again. EPS halved. 1.5sen, annualised EPS 6sen.

The numbers of shares double again, EPS halve. 0.75sen. annualised EPS 3sen.

PE10 is 30sen, PE12 is 36sen.

I think it's trading at priced in value. Most importantly; Upside return and downside risk are about the same. Wouldn't make buy or sell call. It's neutral. Just scared it bcomes like DNEX when it has 1.2Bil shares. It cost alot more to move the price.

There is NOTHING cheap about Velesto. You can pay RM1 for smtg that gives you return of 10sen or 50sen that pays you nothing. I'm sure you know which one is more expensive.

Velesto has 20X smaller orderbook at 1.5B. Avg Revenue per quarter is RM150mil, profit margin hardly 10% and RM10mil. Velesto Price is 40sen. NTA 34 sen, trading above NTA at 40sen. Market Cap 3.2Bil.

Armada 20B order book. Armada revenue avg RM600mil, with 70mil profit. NTA 57 sen trading at 48sen. Market cap RM2.8 Bil.

On each metrics, Armada is 3-7X better. Don't ask for 3 times market cap. 1 time velesto will at 6.4bil, Armada should be trading at 90sen.

If market can accept velesto at 40sen. Then market should accept armada at 90sen.
Just sayingggggggg....

Sell into strength...buy on every temporary dips is good strategy....

*shakehead, try to cover their position by shorting at higher price to cover their loss...

Typical la. see if IB sapu like yesterday; they will die ugly death.

u 2 not bff is it?

Getting the project is one thing. Not cocking it up is another.

I think Brazil basin is more gentle if compared to North Sea. Until the project is successfully deployed and accepted, the risk like Kraken is there.

At this point; all prospect has priced in. But the downside risk hasn't.

Anyway, orderbook is big; so it should be able to take the head wind. So, if market decides to sell down; then that's a good opportunity to collect or average down. At this point; no discount; upside reward is less than downside risk. Not that attractive.

Good to know armadians here got serious firepower....

With all powers combine; the coconut tree shorties hiding on also not safe...

Seriously, IDSS should stay away from this counter. It's not overvalued yet and incoming catalyst.

Better stand by on Yinson. I'm waiting which bank gonna pull the plug. =D

Get from shpok...I think u guys BFF...

I hv the same strategy, but I don’t day in day out say how I buy low and sell high la.

He didn’t screen shot his historical buy and sell for verification. Likely a joke that side. But it’s ok. I’m happy that 3 sen up yesterday does benefit him.

Like I said, the day in day out claim buy low sell high is the sohai part. Also, That part has yet to be verified. But it’s ok, he is one of us.

Less the sohai part. He is a good armadien. I vouch for that.

Ur queue for today le?

Shpok got a lot of share. But i dunno how he is performance la. Hidden average price.

I think shpok one account hold long. And the other account plays swing. Same strategy.

Done shpok...

I think...with this many shares...I would imagine it become something like DNEX at best.

Buy later is not too late.

that one is true...Good results, good margin. More contract. Reduced debts.

If that CEO manages to do all that in one quarter; his ownership in armada shares is gonna make him a multi millionaire.

TAK1; don't mislead people la. No good.

Lchew, that depends on Q3 report.

If strong earning with forecast more project. Go chance to go above RM1. But that won't be after Q2, 20. Next year this time.

No rush. Let the numbers tell a story.

speaking of proof? where is the proof proof guy? No where to be found.
Soon, day day buy low, day day sell high guy also will fade away.

Only those that stays true and those that stays strong will be around.

paktua with his red troopers quite strong. Surprisingly.

Eh? How come I suddenly become liar? I didn't make claims. I'm not like some sohai here and day in day out lie about how they bought day low and sell day high.

Are you calling my bluff on my purhase 150K shares at 45.5sen? If I can prove it; you gonna call yourself the only sohai that makes claims without proof?

Wait....my bad...U haven't been doing anything stupid...You are not Sohai...I take it back...Sorry ya...

I confused you with IK. =P

no worries shpok4574; it's just me that finds you guys sohai. Everybody else do.
It's just I take the opportunity to make a clown out of you sohai.

Like I say...stop being sohai; and I shall stop calling you sohai.

It's karma you know? You do sohai things; people call you sohai.

MM78, my best guess is they live in their fantasy land called lalaland. Where they have crystal ball that tells them to buy at day low and sell at day high, everyday.

That level; NO ONE CAN BEAT THEM. THEY ARE THE MARKET...=S

I bought 150K shares at 45.5sen. Anyone wanna call my bluff?

IK, you sold first or you buy first? If you sold first; then how you buy back lower price? The way you write it; it's "bought back". Meaning u sold at 44.5 - 45.5 sen and bought back at 46.5 - 48sen. Congratulation; you lost 2-3sen today. hahaha.

shpok is gonna say he bought 45sen and sold 48sen. Like ka ki kong; ka ki song; lan pa sibeh song is it?

Ini mmg level sangat teramat tinggi; ini panggil tipu diri sendiri tanpa tau siapa ditipu. God level.

Any people monitoring the transaction volume will know you guys are bullsh*iting la... The problem is wondering what for?

Hello Rei

Hahahaha....

I hope not too much shorties died today...

Shorty....you dieeeeee...

Block la block...IB come sapu, u shorties gonna eat shit. Sell at 46sen, buy back at 50sen.

Noticed that move too TAK1, hence came here to get people to create another tsunami and wash them up coconut tree.

Shorties, pressing? Block at 46sen and hope it doesn’t close green so that they can cover their position.

Like I always said, buy and don’t sell back.

At least don’t sell low.

Who pulled the plug and burst the bubbles?

Last time someone talked like that was ALCOM. He said Alcom will bring u to promise land.

But many Quarters after, many ended up in Holland.

I wonder if you are the person I’m talking about.

Can u please explain the NTA increase or decrease comparing to last Q?