gadang, ekovest affected by construction industry collapse (gadang is supposed to secure more MRT contracts, ekovest is supposed to finalise the RM6 bil additional DUKE)
WCE price not adjusted for right issue. It is also affected by toll sentiment change following PH government change
priceworth affected by the change in Chief Minister in Sabah (which was previously BN). The new CM tried to mess around with concessions (so that he can re award them). And also priceworth did not adjust for rights issue
as for masteel, it is a lousy pick. In addition, it also has not reflected bonus issue
2018 is a lousy year for me. But that is life, you have ups and downs
My real life porotflio shrank 20% in 2018. That put me number 41th on the list. Still lousy
But 2015 to 2017 was good. As matter of fact, super good
I think overall strategy is still valid. I am sticking to my existing method of buying stocks that next year earning expected to be higher than this year (uncle Koon formula)
ignorance and arrogance can also produce a lot of profits....at times. But we all know this is not sustainable. Everyone has been trying to find a more sustainable way, no one has perfected it. If one is found, it will soon be broken by others.
stock market not just about luck or skill and hard work? But “Mild success can be explainable by skills and labor. Wild success is attributable to variance.”
So, don't be too seduced by people who shows you super duper records especially ones based on ignorance and arrogance.
and those with moderate success are by skill and hard work.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jon Choivo
3,668 posts
Posted by Jon Choivo > 2018-01-08 13:21 | Report Abuse
Waseh, icon8888 must be having a very good new year hahaha