Nagachan.....don't compare traders & investors......strategy wise miles apart......
If yr investor .....promote investing to others ......do not ridicule the traders ........

Brady boy.......still early morning lor.....Volume will pick up soon.....anyway My charting not base on volume....I constantly look at the MA moving average of the prices ie MA10, MA 21..... Looking stable for the time being......

Ok DH......bagi sebijik aje tau......kalau stress sgt Jom pi SPA ....I introduce awek masseu pada you........sure lepas tu you bole bagi puak puak tu berbijik bijik....hi hi hi...

Morning DH.......pagi pagi kena senyum..... Baru masuk rezki......biar lah puak puak tu nak kecik negatif kita senyum aje........

Derrick.....tomorrow "tengok day" for me ...then decide the day after.......
Suma going thru slight pullback today .... Due to several reasons, listing of PP, profit taking after 3 consecutive green day & gap up & breaching physicological barrier 0.50....
Suma will be up & running again in no time once all these factors completed ........... can be 3 - 5 days..or may be 1 day ....nevertheless we shall see. Sit tight untung more than 100% relax..... I don't see price going back to 30 sen.... As Suma is making effort to exit from PN 17.. Support 0.46 & resistance 0.50.......
Yr Son (Wa) is doing well......I hope you had bot some when it was 18 - 20 sens.......

Aiyo Derrick.....we call it puasa 6 ..... Fasting .6 days ..Which not compulsory for Muslims but must do it during Muslim Calendar month of Shawal...

Aiyo...I gi SPA & balik.....pun banyak orang keriau.......shoot up! Shoot down!, shoot everwhere....... Apa nak jadi besok ...jadi lah.....nak risau apa......those who buy with margin only should worry.....kita bayar cash....what goes down will go up vice versa....
Suma now got 3 assets & target to produce 30.0000 bpd......
What PP nak buat sell or buy...dia punya pasal.....we don't blame them.......
For all you know they are not selling the 308m shares which acquired @ 0.38. This money is to acquire new assets. But selling their shares which they had acquired 6 months ago 0.26- 0.28 sens........this is agak agak only .....maybe not....jangan tembak I.....nanti mati susah....tak cukup Amal Ibadat lagi.....
Today Suma candlestick bearish engulfing.....tomorrow don't know lah....
I want to see whether Suma closing the gap up first then decide......
Ok nak prepare buka puasa ..........

Alamak....nak Sampai to my buying price 0.47........tak kisah lah......I nak kemut ni Sampai PN 17 next month macam Chris Dalton bilang......hi hi hi.
Today ada buat duit sikit from JCY.....bole gi SPA ...then drop by masjid to donate sikit pada mangsa Palestine.........

In any market we need these so call PDTs as they create the volatily in the market unlike investors will buy & hold.......forever TUNGGUUUUUUUUUU macam warren buffet....after 10yrs then realised profit.......

Sorry - typo - buaya laut & darat

Oops ...kena Ngap dgn bunya laiut & bunya darat.......eh! Laiut ada buaya ke?. Hihi hi.....

Contra players normally are PDT (professional day traders) , they buy big volume & holding time can be minutes to hrs. Once achieve target profit will exit immediately. They do not hold any position by day end.. ....ada berani mau jadi PDT...TA knowledge must be strong......otherwise kena Ngap dgn bunya darat & bunya darat.......hi hi hi.....

Mymosmi.....Aiyo ...why call yrself idiot.....don't let MR. STRESS get to you.....not good for yr cells......come join me SPA again.......

Aiyo I thought can take rest this month........buka kedai balik.....ngap 0.47 another 300k units.........hopefully jangan I kena ngap pulak.......hi hi hi

City Trader......morning......lets play hide & seek together......I think I''ll lose to you ....bcos I'm XXL size....don't know can find place to hide or not......hi hi hi......

Please do not reducule ppl who checkin & out.
I'm a range trader......I make more money check-in & out guided by av true range (ATR)
For example :
If my average price for Suma 6 months ago was 0.28
If I exit at 0.50 today So profit : 22 sens X 100,000 units = rm 22,000 (buy & hold strategy)
Check in& out strategy. Every week I take profit 0.02 sens X 4 weeks = 8 sens x 6 months = 48 sens x100,000 units.= Rm 48,000
When Suma range was 0.05 sens. I still make 2 sens profit p.week.
As I said to me price does not matter but stock must have range.

I'm confident price will gradually go up from now on as Suma is targeting to exit PN 17....
which is critical......as many fund houses & institution can start investing.......so don't worry about PP. The gap up & huge volume today is not just speculation....it's smart money...
as for today's chart Suma is not bowing down yet....loco still moving....since new loco .....just testing speed of 50.5 km/hr then cruising back @ 49.5 km/hr.....capt Looiks don't want to stress the new loco ....still waiting green light from the "the boss"....

Private placement 308m shares @ 0.38. Is a done deal....it could be single or a corporate group taking up this offer..... So you think they will sell @ 0.50++ level....... No way they will not sell as its peanuts if they do ......probably will sell once production reach 30,000 bpd....
If Price drop tomorrow is not due to PP, but more to profit taking.....some ppl have reached their TP 0.50..... Its ok to lock part of profits......& balance take further ride
Life is too short.....Ada profit ambil sikit & enjoy......semoga Allah panjangkan umur kita semua supaya kita dapat realized profit bila Suma reach TP 1.50 next year.....Inshaalah ....

Mymosmi....ok dear I cancell lobster go for durian king & SPA.......

Iplay jangan jealous......baru 4/8 ....sudah dapat 10% profit........shukur alhamdulilah ........
I think I rest lah this month.......tengok DH gelek aje......

Aiyo DH ....today 4 of my counters naik lor.....not only Suma......
Expecting 3 more counters to go up this week.......

Today ..... Jump with joy....apart from Sumatec, 4 counters go north.......KGB, Puncak, Csl, MAS.........now can tutup kedai for today.......nak gi meeting......

Hari ni bole makan lobster.....hi hi hi .....Jom I belanja.......

DH....when reach 0.50 .......I'll reach 8 digit ......still got stamina to gelek......hi hi hi....

YK.....oredi add 500k units @ 475......due to gap up......
Waiting to see if can breach beyond 0.50 today.......if jadi 0.50 will be the support.....
Happy trading.......

Many has asked ...can buy still, can add some more. How about when to sell?
See below sifu KC opinion.
When to sell? ...by Kcchongnz
I sell when the following situations occur:
1. When I realize I am wrong in my appraisal
a. I can’t be right all the time
2. When my evaluation of the stock has been realized
a. Price reaches my appraised intrinsic value
b. When too many people agree with my appraisal
3. Fundamentals significantly change
a. Change of management or deterioration of management decision.
b. Competitions creep in.
c. Significant deteriorating operating numbers
4. When we identify better uses of our capital
Often talk is easier than done. But it pays to be discipline.
Posted by kcchongnz at Dec 10, 2013 08:33 AM

AT.....evening star lah.....carefull......I'll lock profit last Friday......

AT .....DR.LOVE
DH.....BIDAN GELEK.......hi hi hi......

YK.....0.50 is resistance Suma has to break to sustain uptrending....
To add or take profit depends on chart on Tues / Wed......
Don't get clouded with PP or RI......"you'll cross the bridge when you get there"
Relax ....investing / trading must be fun........otherwise you'll inviting MR STRESS & his friend heart attack at yr door step.....hi hi hi

Flybird...TN very bullish.....making climb from 1.27 to high 1.40 now resting @ 1.37
Chart does not show sign of weakening yet.... Resistance 1.40 if can breach this can go higher. I'm not aware of company fundamental, probably will take few months more for TN to gain momentum to reach its all time high of 6.00....

SJero.....I'm done with Tiong Nam as its not shariah compliance.
I bot when offer bonus & split...I think price was 6.00. Then after split become 1.20
Hold for 3 months & exit @ 2.45, Since then reban lain more attractive....
Ivory never study yet.......

Mymosmi......talking about strategy.......must ask strategist .....he's the best.....
My strategy very simple....range trading that is the stock must have range at least 1 sen daily ie for stock below 50 sen, & 2 sens range for 1.00 stock.
I don't focus too much on the price of the stock high or low does not matter as long as there is range. Bullish time can make money everyday....bearish time still can make but not too frequent ....or perhaps during this time I take a break or Jalan Jalan cari reban .....macam AT.....hihi hi....

Alamak I miss this boat.....que @ 3.26 (closing price) gap up 3.29 then lari never look back.....

DH.....you're doing well man........syukur alhamdulilah......

DH ....rephrase......even my toe cannot match.....

DH....tang ""gelek" tu......kaw kaw I surrender.......even my toe oso can match.......
You win man.......

DH.....to give you better scenario of my trading......for you to beat me....
My capital in Bursa : Rm 500k
Average profit : 10% p.month. This is realized profit not paper gain......
Come get me......

DH.....yes!.....catch up with me if you can.....hi hi hi .......

DH ...that's the spirit man....go go go ...I'm sure you'll beat me man anytime.....
My trading strategy & yours are different.....but our goal is same....
You're trade 2 - 3 counters, I'm trading 10 - 20 counters at a time.....
So you have less headache but can still make 7 digit......then stick to this strategy.

DH ...welcome back......aiyo DH cashing out 240 lot ....ok ma...you still have 1010 lot to ride.... Small matter ...can buy high sell higher lor ...set yr mind on the big picture you have. As for me I'm focusing how much I can realized my gain more than reaching the TP. You know DH my TP is to make 10 digit income by 2018, Now reach 7 digit just by checking in & out. How do I do this? By reading ppl perception, emotion to get right timing. Thru Chart & candle stick.....which you not in favour....

Now Suma mother, son & daughter is cruising @ gear 3 only Belum full speed,,.....so don't worry you can still take the ride.......but constantly check for pullback to cash out & then buy back when opportunity arise.......

MGO - mandatory General offer. In any company if any share holders wants to buy or sell their shares, they have to make known to all shareholders their intention thru their company secretary.
In Harvest, RC accused Dato Chai for not following the company act. So he contest this court.....
So not finalized yet.........This what I understand.....

Why have doubt about upliftment........Chris Dalton (Suma CEO) himself mentioned last month ....targeting upliftment by August ( can mid or end Aug). Today baru 1st Aug.....I'm sure Chris is aware of Suma current financial & fundamental status otherwise he will not make such comment......so Lu orang pikir sendiri to take risk in Suma or not.....to me Suma upside is far greater than downside.........

Iplay.......Suma is cruising well.....check-in 500k units @ 0.445 .....sudah masuk peti Sejuk.........Immediate support 0.440 & resistance 0.455......
Let's see whether loco can move to station 460 - 480 today to sustain uptrending.......

Iplay.....Wah you know about my check in & check out.....have to lah I'm a trader....Everytime profit 20 -25% sure defrost partially ....realized gain sikit.......
Then wait for pullback ... beli & simpan dalam peti Sejuk balik.......itu lah hidup seorang Trader......

Suma still UPTRENDING ....at 0.44 is immediate resisitance reaching double top.
It's wise to see whether Suma can clear this resistance first before making entry towards next wave...Meanwhile I sit tight watching forumers perception & anxiety making all sorts of TP. We (loyal Sumatecians) smile only seeing our investments grow 6 digits now....

Derrick....Tq ....use this brief Raya break to relax & spent time with love ones.
I'm not the slightest bit worry about Sumatec......2-3 months time SUMA sure tukar kulit .... short term traders also shd not worry .....if go lower 0.40 got opportunity to buy more but must wait for reversal sign first......

To all my Muslim friends in particular Sumatec forumers.....wish RAMADHAN MUBARAK....MAAF ZAHIR & BATIN....may this year brings us good health, prosperity & long life ....inshaalah.

YK......relax....who dispose or who acquired...3 - 5 days later baru get announcement .....all these actions are reflected in the chart.....2 days red, then doji....today also doji red but lagi terrible " spinning top doji"....very bearish looking...sign of severe indecision.....probably due to coming long Raya break many do not want to take position.....so wait after Raya to confirm "UPTRENDING" or down trending.

Alamak ......Suma regularisation plan last year is in placed & oredi executed....now going to exit PN17 ...still in doubt with Suma fundamental.??? ....never mind still got time to catch up ...just read Suma regularisation website & announcement till date ...sure will remove all doubts......meantime I'm staying sideline & not taking any new position untill get some clarity from private placement (PP) announcement .

Today Suma closed 'doji ' ....after 2 days close red than today doji.....showed further uncertainties......hopefully close green tomorrow ........