# MC - dinner can be anytime after you are back on 5th January. Just enjoy your holidays.

# mikekong55 - Small issue. By the way, this is the link. Happy Trading !


http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/blidx.jsp

# winman1 - thanks. Hope your stocks perform well too !

# winman1 - thanks. Orna is just for trading to make some beer money, not for long term. I would be more than contented to sell at 72 sen.

# mikekong55 - all kcchong's picks are for long term. You can check on his analysis as to the intrinsic value and margin of saftey etc before making a decision. I am also watching it.

# winman1 - I think I owe you an answer to your question.

Posted by winman 1 > Nov 15, 2013 04:48 PM | Report Abuse
invest88, in ipoh which dim-sum restaurant is the most famous

My opinion
- Ming Court
- Yoke Fook Moon
- Foh San

All the above within walking distance of one another in New Town.

# By the way, long time didn't see swee88, escape, choolooi etc.

# winman1 - I am having Orna (up 3 sen today). I first entered at 70 sen, then 68.5 sen and then 66 sen. Hopefully can lock in some profits tomorrow (as the price was chased up in the last hour of trading). YLI also looks enticing.

# Jason - in that thread we can talk about any counters we want to and not restricted to a specific stock. There are also a lot of friendly people giving advice on chart readings etc.

# Jason - that thread was set up by myself and a few others. Just drop in anytime !

# Jason - long tine didn't see you. Hope all is fine with you. If you have the time come to thread 932kaki !

# kcchongnz, agree with you - I just saw the results. Nothing to do with trading at all !

# Thanks, Ooi.

# mikekong55 - Willow is one of kcchong's selected picks. You can go and check out his analysis on the counter.

# OoiTB - what do you see of today's drop in the KLSE. Normal ?

# I reckon all those GST related counters were goreng up after the budget announcement. It's still along way to go and no one has really come out with earnings projections (if I am not mistaken) in the event these companies are awarded the task of implementation.

# Hot - what I mean is that you normally do the closing ceremony ma ! TDM is alright I think, can be a long term investment counter.

# Hot. - early today. Insas disposed ? Bought anything ?

# MC - ya, stick to your OSK. Two weeks before you fly off !

# Moody's rating on Malaysia below !

http://klse.i3investor.com/servlets/fdnews/218943.jsp

# MC - glad to see you back. My stocks are mixed today (see earlier posting). By the way, rchi just posted that Moody's has upgraded Malaysia's rating which hopefully can help the market rebound tomorrow. Have a good dinner and rest early.

# jennylee - On your Salcon WA.

Mother share 0.665
Warrant 0.155
Gearing 4.29
Expiry May 2014 ( 6 month's time)
Conversion price 0.75
Premium 36%

Since you bought at 0.165, your current loss is only 1 sen. Normally the price of the warrant moves in tandem with the mother share and as the market is still intact in the next one two months, as mentioned by a lot people here including OoiTB (based on TA), just hope that Salcon's price will go up. The warrant will then follow. Otherwise you have to set an exit price to sell. At such a high premium, do not ever think of converting as you can buy the mother share direct at a much cheaper price.

# rchi - can share the Moody's link ? Thanks !

# CT - EAH you bought yesterday sold today ?

# Good for you. congrats !

# CT - probably you are right. Need to take a break from fun trades to protect my small small profits !

# Mixed performance on trading stocks today
Green - Orna, Pestech, Canone, Samudra
Red - EAH, Jaycorp, Poh Kong, Fibon

# sephiroth - why ? bjcorp just dropped by 0.5 sen only !

# CT - how's the reading on EAH ? Still intact ?

# rchi - thanks for the offer. I sold some penny stocks to go in Canone and Pestech yesterday. Keeping some funds for cheap sales (should it happen). I reckon the play is slowly shifting to mid-cap stocks (RM2 and above)

# CT - better wait for tomorrow and see what will happen to sumatec. It is expected to fall but then again, who can really tell !

# CT - still thinking of Sumatec. The show is tomorrow - expect great volatility !

# Thanks faisal - happy trading !

# Welcome faisal to 932kaki !

# KC - probably I have an inkling of the message that you want to convey !

# KC my friend. What brings you here. And your posting - huh ?

# rchi - thanks for boiler !I reckon it has shot up too high but of course can go higher.

# MC - sama sama !

# HOT - PIE was suggested by rchi yesterday. However I went in Pestech and Canone as I feel that mid-cap stocks may be in play whilst penny stocks will be sidelined for a while following the recent good run. May be chopping off some penny stocks at minimal losses.

# Almost all penny stocks were sharply down in the last few days !

# MC - I reckon you should stay put as an OSK - suits you better !

# rchi - yes, I know you are having big positions but do drop in when you are free to give us some constructive advice and comments which would be very much appreciated. And congratulations on your Datasonic.

# MC - rchi is giving the same advice as what I have been telling you.
(a) protect your profits
(b) do not rush

This is a family thread and those who visit here are mostly friendly and caring people. I have been reading rchi's comments in other threads and notice that he is a wise and experienced investor.

# Ayam Tua - just see for yourself :-

http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/blidx.jsp

# Ayam Tua - you missed many others picked by him - Pintaras, Datasonic, Fibon etc. All prices went up sharply. You can his from his stock challenge block !

# MC - I trust you know what you are doing. All the best. Go take a nice lunch first !

# MC - i thought you mentioned your account burst already. Topped up again. CT just mentioned do not rush - may go down to 71 ! Anyway I have sold some penny stocks yesterday
PJDWC + 3 sen
PNEPCB - 0.5 sen
Careplus - 2.0 sen

2 losses against 1 gain. Went in Canone and Pestech

# MC girl - notice that your counters not doing well today, in fact almost all penny stocks are in the red. Any action plans ?

# 100 plus - I reckon this is the norm around the world. If I am not mistaken, the major world markets also adopt the same way (based on set criteria) like
Dow Jones - 30 counters
Singapore - 30 counters
FTSE - 100 counters
Nikkei - 225 counters

Perhaps you are right in saying that just 30 counters may not reflect the true situation.

# Another good selection by kcchongnz - moving slowly but surely !