Hi all

Yesterday, someone bought at 2.10 and e-mail me after reading I placed SELL in my post. The post was NOT meant to 'scare' whoever holding to Supermax. It is just a SELL call yesterday I placed for my trading group as I sold mine at RM2.05. Yeah ... too early but that was the resistance.

So, I could not understand why would anyone bought Supermax at RM2.10 not do I know if Supermax going to fly higher today. I just traded according to my plan, and my logic sense that it is a SELL when there are two huge volumes coming in, where many more stucked inside her for months will jump in again. That is called emotional-trading and just one of the way why MANY lost, losing or will lose money.

See it OBJECTIVELY next time. Supermax is NOT a good dividend stock, fyi. Supermax does NOT give bonus issues yearly and bonus issues DO NOT give any much values to investors. Being objective means ... BUYING for a reason, SELLING for a reason.

Being happy or sad is NOT trading. Praying is not trading either.

Again, I am just pointing out my views, and knowing the characteristics of Supermax or stocks we are trading could give us the edge.

The temporary HYPE will be over soon but NO ONE could tell if it will fly higher. We TRADE objectively, we see some simple technical charts, use some simple common sense(plus lots of experiences) ... then we take calculated RISK.

BTW, Supermax is for trading, not for investing. Supermax is highly geared, so do be careful. Prefered glove-stocks are Hartalega and TopGlove. But, personally I prefer Supermax as it a very good stock to trade(higher beta too).

Good luck.

TEH

Hi

Thanks. You must like her songs a lot too. :)

TEH

Hi

I do have LionInd in my trading list for years now as it is tradable.

Why it is consider a very good stock to trade?

1. Higher beta nearing 3
2. Higher NTA/ Low PBV
3. Many old-timers like her and many more stucked inside will buy each time it shoots up


Generally, steel counters are for trading, not for buy-n-hold. NOT for investors. Yeah, LionCorp make losses. Steel business is VERY challenging. I have 3 accountant friends told me so. And moreover, Lion Group is very 'messy'. Dont try to understand their business structures!!

Anyway, technically I placed a buy call on 6th as harami shown, oversold. It was at 1.10 levels. Today, I said sell at 1.20 level, I will say SELL ... a doji formed with low volume.

Note : Trade at your own risk.

TEH

Hi all

Please KEEP the thread focus in sharing about :-

1. Is trading easy? If yes, how? If not, why?
2. What are common mistakes newbies done and how to advise them?
3. What do you think of those trading courses, those advertisments claiming that they could catch a breakouk etc etc?
4. What is your trading strategies that work and do not work? Mind sharing?
5. add in those questions to make the thread worth reading. Being focus and continue to learn is one of the MOST important thing in trading.

Thanks

TEH

Hi

Thanks. Just stay focus to learn and listen to few good ones here. Ignore many other noises as forums could be a very noisy place, at times.

This is one if he best public forum around. So, I am glad that you came to a good site here.

Happy Sunday.

TEH

Hi Ingwong,

Sorry to hear about your losses. Yes, we get wiser. That is good and we do have some good investors who will share and help.

Can I ask permission to share your writings or sharing here in my blog too?

Stay well.

TEH

Mat Cendana : Thanks, sir. I will write further comment in my blog.

TEH

Dear Mat Cendana

Can I ask permission to copy what you have written here into my blog for my own keeping and sharing with others?

What you have written here is a very good sharing with MANY newbies and novices as that is what we should be doing ... sharing and learning from each other.

Hope to get a nod from you.

Regards

TEH

Hi

Sorry, I do not read those war of words which I m too busy and also feel it is not necessary.

I want to add what FCTB about "promoting a stock" which I think he is very right here. We need to use logic and common-sense ... making OUR own decisions. We need to be responsible of our own decisions to buy-sell. A person buy for a reason ... if he needs to buy, someone needs to sell and the seller sells for a reason too. That is opposing views, right?

Trading or investing is our choice. Smartag is not in my list, so I would not comment about it.

Man, trading is stressful enough ... let us be friends, can we? Can we use(not abuse) the platform for discussion and sharing of opinions?

Thanks.

TEH

Hi Ram

NO ... breaking support is a SELL, not a buy. No such thing as if we know what counter(s) will recover very fast. Again, I repeat .... no one could tell you what stocks will recover fast.

Good stocks WILL recover when market sentiments improves. No one could tell you when. Technically, I like to see the RSI reaching to the extreme low level.

We all have our own likings. So, try to refrain from asking around what stock(s) to buy as what I like may not be your flavour. So, we learn to check on what stocks we do like(business-matter, fundmentally).

One thing for sure, I will not trade Saag, AGlobal, NiCorp, Utopia, DVM ... whatever being discussed busily in many forums. Someone asked me about Flonic and Ingens recently and I could only advise them NOT to touch such stocks anymore. Cut them off, dont be naive. Those are gambling/punting and technically failing. Again, we have our own 'taste'.

Trade with your own plan. Do not think of fast recovery, as there is none.

TEH

Hi all

Thanks for the warm welcome. PLEASE do not call me sifu or whatever. Please do not give me too much of credits. I will prefer to see that we are learning from each other as we grow wiser and acquire more experiences.

Let me put it this way : Buy at support when stocks OVERSOLD. If possible during KLCI oversold. So, we just need to wait. But, assuming that our buying at support fails, which means ... the support broken, then we have to manage our stop-loss and clear first, only to buy back after it rebounded(as our supports turning into resistance).

Another pointer to make : We do have many type of supports ... we could use horizontal lines, our moving averages ... some using BB, some using FR. I stick to basic MA and Horizontal supports.

Next is ... the strength of supports .... is it the immediate support or is it strong support?

So, even buying at support is subjective, depending on our trading strategy ... and our risk appetite. Today, we see many counters dived and closed below support(s). Hence, it triggering a sell signal.

Want another pointer? Ok ... the resistance, especially the strong ones are DIFFICULT to break comparing to supports. In such sentiments, we could see many sellings and naturally the support could easily be broken.

Just need to learn more on trading plan as we do need to manage the risk. Buying at support strategy could only work if we are discipline to cut-loss once our support fails to hold.

TEH

p/s : I am planning to write a book about all these basics. Who do you all think? Got supports? Haha

Yes, sell first when stocks at resistance, overbought. Dont worry if it still fly higher. Buy back when things are cheaper again. That is trading.

But for investors, dollar-averaging ... collecting during bearish market will do well too, in longer time frame. I m assuming buying into those good fundamental stocks, if possible with good dividends.

Trade or Invest ... it is up to us. Get the strategies right, few simple indicators and LOGIC right.

Be contrarian. Be glad we have sales ... :)

TEH

Yes, Jake ... I will be wearing red ... expecting another sell down in HKSE. But holding on ... and to buy more there, moving away from KLSE.

p/s : It is a Monday's blue ... get what I mean?

sigh .. we are back-peddling.

Hi Kian Wei

Appreciate your sharing.

Thanks

TEH

Hi Kian Wei

I do not follow the posts or what-so here. But, can I know where I could read his articles? Is it in Chinese? I can't read Chinese(too bad).

Is Megan a stock traded in KLSE as I could not find the stock mentioned.


Thanks

TEH

Thanks for the wishes.

Hi Faisal

Ghee ... that is good. Keep that good habits. It is not easy to find those patient and learning investors/traders in markets. Most of them do the talk-talk ... making markets like a pasar-malam. Haha.

snsee, alntm and faisal ... do e-mail me so that i could put in KIV list, if i ever started a group for HKSE.

Ok ... all the best in trading.

TEH

hi

i was thinking only for my group. ok, perhaps I will consider sharing with many too.

i m never selfish in sharing knowledge, no worry but I m 'afraid' I will attract punters/gamblers ... making noises in my group and I will have hard time kicking them out of my group(s).

I do not want 'the blind leading the blind' too.

So, let me consider first. If the response from my group is good, I m sorry that I will close it for them. It is easier to 'deal' with them as they knew me personally or at least been supporting me for months now.

Thanks for you interest.

TEH

Hi again

it has NOTHING to do with Q results to be announced. We are talking about mommy or baby cb?

Let me used the info KWY : price of cb 0.015 x 2 = 0.03. So, as the exercise price at 1.40 ... so it should be at 1.43. Can follow now?

1.43 - 1.13 = 30cents with less than 1.5 months to expiry.

So, the possibility for it to be in-money will to too absurdly remote.

Even so, if mommy going up, you could expect it to jump ... but still it WONT be in-money. It is a cash-settlement, european style(I guess only as I do not check but almost all CWs traded in KLSE are) ... meaning you will get ZERO = NOTHING once expired. It is too risky to gamble.

Take note and please ASK your broker regarding these for further information. I am just sharing what I do know.

TEH

hi

explained earlier. One will lose EVERYTHING when it expires. Believe me, it wont reach RM1.40 at this point of time. We do not hold on to call-warrants till it nearing to expiry date.

That is the main risk in trading call-warrants and strongly advised to AVOID punting into such risky instruments. It is NOT for newbies, not for novices.

No one know what will happens next week, next month. So, we trade with managing our risk.

TEH

hi

correct me if I m mistaken. The current level is the historical low?

I do not see 0.43 in my chart.

Thanks

TEH

Hi

No one could predict the market. But I will point out that most probably KLCI will not dive below 1000 level. Yes, we could 'hope' for it to dive to 800 again ... but very unlikely.

One level at a time, support at 1520 level first, buy at that level for technical rebound, then if break this level ... look for next level.

Otherwise, stay aside ... till GE is over. Market is always there.

1998 ... 2008 ... 2018(or sooner?). hehe

TEH

Hi

Then, buy the mommy when oversold or at support. Do not buy call-warrants ... we might get badly burnt.

TEH

Hi Kian Wei

When it was at 2.55 recently, RSI was at 20 level.

Today, RSI still at 30+ level, so when it reaches 2.55 again, RSI will not be in 20 range. Hence, I will prefer 2.45, with few conditions such as few long black-candles ... and RSI to move to 15 levels. By then, I do think 2.45 will be broken.

We plan ... we dont predict. We check if it might rebound tmr or days later ... then, we trade according to our plan. Easier said than done as most of traders DO NOT plan.

ALright ... just my opinions. Trade at your own risk. DO not catch a knife.

TEH

Hi

General advice : NEVER buy a call-warrant with a very near expiry date.

If one need to ask what this or that is, then NEVER buy anything one not familiar.

Once expired, the value is ZERO. That is how risky call-warrant is. So, never touch call-warrants.

That is just an advice for benefit of all newbies or novices.

TEH

Hi

Technically, it was a sell at RM2.80 as written above as it was at resistance. Then, when MACD into red, it confirmed the down-side.

So, technically ... the next level we will only consider for reversal is at RM2.45.

It doesnt matter much about the news as news are written to 'entertain' small traders while the many to create more 'fear' or noises.

To shut off the noises, we should be focus to check on the chart. Forget about the news or rumours. Charts dont lie, human do.

Since many here like her fundamentally(I do too), trade it according to our trading plan. Without such composure, market is noisy.

Ok ... dropping by to share.

Thanks.

TEH

Hi Kian Wei

This is an exclusive one, not for public. Each time I go for market chat, example recently in Klang(by Allianz), so so many uncles-aunties there and the quality of the crowd is not there. Basically, most are there for some stock pick(which I written).

I want to listen to those exclusive speakers who will give me more information, their views on global economic activities, risk assets, capital injections and such. Yes, I go for very different reasons.

I do like RHB public market-talk as they do touch on such fundamentals in the inital session of their talks. That helps a lot for me to focus in my own readings.

If you know what I mean ...

TEH

Hi again

An investor will not feel they are in stuck in good counters. I have known many holding Nestle, PBBank, KLK and such for more than 10-20 years, fyi. They will tell you how happy they are each time there is crisis and their stocks retracing. Get it right ... happy onlly when market or your good stocks diving.

I could not advice you on buying or selling. I could only point out that at 1.28 that day, it was a resistance, RSI at 65 and graveyard doji formed, it is sell. Of coz, it is a strong SELL when suddenly this forum becoming noisy.

Another counter? which counter in mind? I dont know, either.

I can tell you what I like : Construction sector, overall. I do like Benalec.

Why I like construction sector? Because majority dont like.

I have written and shared about 'capitulation'. It is a point when everyone given up, do not want to talk about stock markets, very quiet ... low volumes, abandoned ... that is the time we should be glad. Good investors and traders are difficult to find as there simply too much of work to be done.

So, my advise is still the same : be contrarian.

People making noises, asking about bad stocks to punt, u dont do that.

people do not read much, you simple do the opposite.

People buy, you sell ... when they sell like there is no tmr, you start to buy.

learning to be a contrarian ... you will be glad. Keep our ego aside, as market is always right.

I will be back again in Benalec for follow-up.

At least this is not Nicorp, Harvest, KNM or such counters, right?

TEH

Hi Darren

One of the point why majority losing money is they will BUY when market is hot, the stock is hot and regardless of logic.

When Benalec shot up, this page suddenly becoming noisy. Do u know why? Because many stucked inside her, some selling when it went much lower only to buyback during it shot that day and feeling trapped again.

Knowing that 80-90% of them losing money in market(in long run), it is only logical to do the opposite. Be a contrarian.

What will I wait? Hmm ... no more noises in the forum or any forums. No more interested and perhaps it goes to RM1? Dont worry, many more will give up and sell for big losses.

Be happy that the so-called good stocks retracing. It is becoming cheaper, right? Many said it was cheap at 1.30 ... are you as excited to see it is below Rm1.20 today?

Hope you could understand that I m just pointing out why majority in markets will continue to lose money.

Try not to predict. Try not to expect. It will make us emotional(up then down). Try to see things in broader ourlook ... good stocks, if going down, good. Time to buy again when no one talking about it.

just my pointer.

TEH

Hi all

My experiences with forum(s) are not good. It is too noisy, too many different people with different opinions. Different styles of trading, different time frame and strategies. Even if one is sincere to help, it wont help being in forum.

We have total newbies in markets talking or asking if can punt into those empty-shells speculative stocks. we have novices wanting to get-rich-quick by punting into some call-warrants only to get stucked(and badly burnt). We all know who are them ... they are amongst us. With 80-90% of them losing money in markets, we will have not much of chances in markets, arent we?

We all entitled to our opinions. We could not tell people what to do or what not to do. Let them learn their lessons the painful way, to make them to realise that trading is NOT as easy as it seems to be. If they could survive, they will learn from the mistakes and becoming wiser. Otherwise, they wont last long as markets do not have OUR emotions in interest!!

No matter what, I do still think this is a good platform to share.

Mistakes by newbies : Believing in 'sifu' or 'master' mentality.

Believe in yourself, that is more lasting.

TEH

It is noisy ... and will remain noisy here.

Thanks ... and sorry if my 'blackout' post venting on the freedom of press offending anyone. Thanks for being a good listener. In a year, there is certainly I hv my up-down in emotions ... I am politically charged nowadays. Also, reading more un-truth or lies from our 'leaders', certainly driving me nuts.

Anyway, I should keep it to myself.

Sorry

TEH

Hi all

Suddenly, it has becoming quiet again. So, resistance at 1.28 is a sell or a buy? It is at 1.19 ... can I ask when I should buy again?

Read my system well : I will sell at resistance, I will sell when many started to talk about it ... no matter if it is a good stock(personally, I do like too). Decide if we are investors or traders. Then, use the correct mindset, methods and money management.

Learning that will be very important rather than listening to noises. This comment is only for newbies and novices. Those experienced ones, they know how to take care of their trades, for sure.

TEH

p/s : I am still waiting ... when this thread becoming quiet and when RSI going much lower, it is time to buy again. By the way, at 1.25 levels, the RSI was at 65.

hi

technically speaking, yes. so .. depending on your time frame and your strategy of entry. That I could not help as we are all trade differently.

TEH

hi Kl Vin

I do not have target price. I do not believe in such forecasting, whether it is FA or TA. I do not believe those broker reports target, either.

I failed to sell at 1.28 today and will take her off tmr as it formed a doji today. As it is testing the current resistance and more short-term contra-traders will be selling, time to take profit ... wait for another day or move on to another stock.

as I said, it is just another trade, profit or loss.

Hope that help, tho

TEH

hi again

it is at 1.22 NOW(4.35pm here), and since it will go up above 1.30 and above, it is time to average up/down. Again ... this is just trading. Buying-selling with calculated risk-reward. Be composed and not being drifted by emotions. As we could not predict or forecast the future, we could only trade according to what we see, what we know and what we do.

Learning to trade without emotion is not easy. But if we could control those fear-greed in us well, coupled with knowledge in FA and TA, we could manage our risk much better. Then, we will not use the term 'hope', 'think', 'wish' and so on.

Just trying to share opinions about trading as it is THAT difficult. To be honest, I do not get up or down when market fluctuates(it should, otherwise ... go for lower beta stocks).

Let's learn from each other ... otherwise, it will be a waste of our time and ... this is such a good platform, yet many making it so noisy as if it is like any other forums. I do hope to contribute here more often, but if my presence and sharing irk some of you here, I am sorry.

We need to splash some cold water to our faces when we are 'floating'. Know what I mean?

That is all from me about Benalec.

TEH

p/s : Someone asked my opinion about Benalec ... I have none.

hi all

just my pointers. when we trade, we DO NOT use hope, think or whatever. it is mechanical. as i collected more below 1.20, IMO ... i will like to sell at resistance ... and when you see more people rushing in to buy, u will certainly have the fear. That is how my system works, I m speaking about myself.

Since you believe it will go so high, do average up this morning when it went to 1.22. By the way, the lowest was at 1.09 recently not 1.07?

why sell? at resistance. Forums becoming noisier, more retailers coming in. RSI at high levels ... and thinking about it, i might as well sell all.

it touched 1.28, of coz not done.

good luck.

TEH

hi all

i m not sure ... i m going to clear half at 1.28-1.29. It is at resistance, and will only consider her if above 1.30.

I am just sharing my decision and please DO NOT follow. Trade at your own risk.

TEH

hi

yeah ... good choice. We called it 'opportunity cost'. Hoping a fundamentally flawed counter to be uptrend again is un-realistic. Hoping for a speculative counter to be goreng-ed again ... is frustrating. We could never know the bottom at the moment.

We should NOT use the word "HOPE" ... as I have been reading so-so many comments using the word "HOPE". It is one of the most common mistake of many in markets.

Market is a cruel place where all the hopes dashed. Market is REALITY and for those who live their lives in REALity. Hope is not a strategy, not a component in our trading plan(if ever anyone plan before they trade) .. hope has NO PLACE in our trading and investing.

Lesson : Never live in denial in markets. Be as real and face it. LEARN not to 'hope'. Learn NOT to ask around this can buy/sell, but to LEARN some strategies with trading plan. Have a map and direction before you are lost.

Good trading ahead.

TEH

Hi YungShen1 and Frank

It is Ok ... no worry, I m not mad or angry at all. Just shaking my head.

If we are planning for a long term, we should either look for growing good stocks or a good dividend stock. There are not many but we certainly have a handful of such good stocks.

I am sorry to hear about the huge paper-losses. Do read good investment books(believe me, majority in KLSE do not like to read anything related to investment, be different ... and you will not be the majority(losing money, right?)). I wont mind sharing on how to start ... it takes time to digest many facts. And do learn the lesson well to move on to be a better investor/trader.

Again ... sorry for your losses. I m sadden each time I heard of people being honest telling about their losses. I feel for them and hope I could help. It is not easy to find those logical ones around, tho. Get real to know real good traders and investors. Learn and continue to learn. No easy way of that.

Let me know if I could help further.

TEH

p/s : Frank, if I m not mistaken ... u e-mail me before, right? Sorry, I hv too many e-mail to attend to.

hi

stated clearly. e-mail me and i will forward your e-mail to the relevent person(s)

thanks.

TEH

p/s : I do not hv any info. Just trying to help, nothing much. too busy to e-mail anyone, anyway.

Hi all

Those interested to withdraw your EPF to trade or let a fund-manager to manage, you may e-mail me as I do know someone trustworthy dealing with it.

Those who which to buy unit-trust(Public Mutual) or to know more details, I do know a manager too who could furnish anyone with more information.

I do not get anyone for being the middle person. For those who know me, I am just trying to help.

e-mail : (cpteh@yahoo.com)

title of e-mail : EPF withdrawal or Unit-trust info.

I will forward your e-mail to them.

TEH

hi

put it this way ... rather than HOPING, why not planning? Someone in my group bought at 2.53, so I asked her to sell at 2.80 today. If we want her again, buy AFTER it breaks 2.80, right? Then, u see ... it might testing 2.80 and come back down ... and we plan again ... at what level should I buy back since i just sold at 2.80? Wait for situation ... wait for chart to tell you that. Buying a good counter like MudaJaya is Ok to trade(unlike those gamblers talking about nicorp, harvest and such, u see).

If we have bought at a level but the trades going against us, then follow your plan ... cut loss? Do it.

just to share some pointers.

TEH

The resistance is at RM 2.80. That is technical speaking.

TEH

Hi all

I rest my case. I am off and wont be replying here.

Just hope many experienced ones will help others too. This is a good platform for all to share, but share it with responsibilities, with convictions and discuss in mature manner.

I have spoken more than I should. I m just as many here, a novice ... learning the tricks.

Good luck all.

Cheers

TEH

Hi yungshen

Please restrain from calling names. I am not an idiot. I am pointing out to help newbies.

Read my posts clearly ... learn if you are losing money. It is part of the game. With 90% losing money, it is obvious why.

Now, we are talking about UNDERVALUED good fundamental stocks, which give good consistent dividends. those are the stocks we wont mind averaging down.

for a start, LEARN to understand what dividends is, learn what undervalued stocks means. That will keep many occupied for some time as it is not easy to quantify those data(FA).

Then, you need to ask if you are using FA to analyse the company ... the prospects, the growth, the risk, the business models etc etc. KNM failed in many aspects, if you care to check it out.

Technical analysis or TA is another way of traders analysing stocks. If it breaks our strong support, we need to cut loss(not average down). Failing to recognise that and using HOPE analysis is one of the most common mistake traders made. Listen ... you learn FA and TA first ... you do not use HOPE ... than it will rebound and claiming it is a strong stock.

I could only hope you will learn. Otherwise, our conversation ends here.

Good luck.

TEH

Morning

Just another pointer here. Yes, share will go up-down, and when people are in fear, we will like to buy. I agreed as I am a contrarian. And I do apply cut-loss in many cases but at some cases, I prefer to average it down. We need to plan BEFORE we take a position, right?

Talking about averaging down, traders do not do that as money/funds will be stucked for a long time(especially not good speculative stocks) and we will have 'opportunity cost'. Besides, we could not see how it could go, right?

Dollar-averaging should only be applied to good fundamental stocks which give good dividends. That is a very important criteria for any investors/traders. Differetiating a trading stock and an investor stock, and applying the correct strategies might minimise our risk-exposure.

Again, I am writing to share and educate few newbies/novices who might appreciate learning. Of coz I do understand the emotions involved. That is stock-markets, anyway.

I am just trying to help, not to point out any rights/wrongs. It is just my opinion, a novice to novices.

TEH

Hi Kian Wei

for trading purposes, we picked E&O, MahSing and Sunway.

trade at your own risk as this is not a buy-sell call. It is just the property stocks I am checking with my group.

TEH

Hi insider76

well, i m not here to be right, and wont mind to be wrong. What I am concern is the RM2.50 buy-call may create GREED in many newbies/novices. For some pro and experienced ones, of coz this is good to trade(tho I prefer the lousy MAS now, new low too). Yes, the bad news in GOOD counters is a good news(MudaJaya in mind).

I am just sharing my concerns as there are many newbies who might just made a so-called killing in JCY here and might think KNM will do another JCY. Yes, these newbies/novices DO NOT know anything much about market. So, we could only advice ... based on what we observed. We are just showing concern.

Many more good stocks, uptrending good ones with good dividends to buy. Why a technical rebound on KNM or MAS? It is much more difficult to trade against the trend, especially fundamentally flawed counters, right?

Make the trade shorts, if you really need to trade her(still didnt give me a sense here). I will assume everyone who trades her know what they are doing and could mange the risk.

TEH

p/s : I do not use the word 'hope' or 'wish' in my trading. I do not allow that in my group too. It is baseless to hope I am right or I am wrong. It doesnt matter, actually

HI YungShen1

Thanks for sharing your views tho you have not support your RM2.50 target base on concrete valuations.

To say that KNM is cheap now is very misleading. This is to point out to newbies or novices who DO NOT know what stock-market valuation is. KNM is not cheap. If I have to divide it with 4, KNM is priced less than 23cents now. So, it is not cheap because of it prices. Any fundamentalists with knowledge and experiences in markets could explain to you what the flaw is.

True ... EPF sold their stakes and many more. One cannot compare a durian and a langsat. We dont compare it in that manner.

Business models and accountability of the management are important issue for any informed investors to look into.

Technically speaking, yes .. i agree that KNM will be speculated and GORENG again. If you are in market for 5 years, you will understand the popularity of KNM is dying off ... because many lost their money and many stucked inside it. Someone gave a good example of Scomi. Do read.

One day ... it will rebound ... recently it came up from 0.84 to 1.10 levels(if I m not mistaken). Currently, at a low of 0.83 ... when it went to RM1, many chased her. Do you know why? One day it will rebound ... yes, but that is pure speculation and we need to use TA for short technical rebound and place our stop-loss as tight, be discipline to cut-loss.

How many newbies or novices could able to do that? To be honest, not many. Hence, promoting this not-good stocks might trap many more un-informed ones.

We try to profit from markets ... no one going into markets to lose, right? But to profit, we all SHOULD learn how not to lose money!! Afterall, 80-90% of them losing or lost money in markets. Have you wonder why?

KNM could easily give you 4-5 reasons why many invesstors or traders lost money, and unfortunately ... many will continue to lose money. Think of the 4-5 reasons, you will understand why I do not encourage anyone to take position in KNM.

Dont get me wrong ... we all have our views. If you are trading her based on technical, it is for short-term. If it is for short-term ... there is no way the stocks will shoot to RM2.50 or ... RM4? No way. Good stocks will correct and retrace during bad-sentiments and more but they will recover. That is based on fundamentals.

I have wanted to write a whole post replying to this KNM buy-call, but I think it is good to share with many newbies/novices ... and to protect them from losing money.

Hope you could back your points of RM2.50 with some concrete evidences. No matter how we see, an empty-shell stocks could only drive higher if there are syndicates or funds pushing it up. We,as ikan bilis, could only follow the flow ... do not go against them.

Enough said.

Thanks for listening.

TEH