heard election news circulating from UMNO people already. dunno how true that is! yesterday some friends said get ready for buying opportunity from this panic! :)
try buy 1)alam RM0.80 and below 2)Astro RM2.80 and Below 3)MISC RM4.20 and below 4)Mediac RM1.15 and Below 5)Maybulk RM1.40 and Below 6)Kulim RM3.70 and Below 7)SKPETRO RM2.80 And Below 8)IHH RM3.30 and Below 9)DRB Hicom RM2.50 And Below 10)Dlady RM42.00 and Below.
because of the my bad experience at oldtown restaurant, i think i would never go to oldtown restaurant again.. unless there is improvement and recommendation from friends.. haha.. :D
TKW, I am only human. When the market panics, My emotion also affected, no matter what I used to say things like "Be greedy when others are fearful". I actually clicked on Kfima to buy at 1.89, but didn't click the last click to "confirm". Scared also. Who knows the market may go further down. Maybe see what OTB says first. But if one is not closed to fully invested yet, I think the above maxim by Warren Buffet should be followed.
sometimes being able to calculate and being brave (or rather, to put it in better words, taking the risk) are two different things, TKW. I know where kcchongnz is coming from!
my sis-in-law doesn't have that problem if she knows the value of the stock. Me sometimes still want bottom fishing! :)
4sure regardless what might or might not happen or changes , water will always find its level ........ meaning one man gain is another man loss !!! Yes 4time being not gd 4 contra players but excellent opportunity for serious investors to do selective buying , ma !! ;)
Tan KW , I don't let election b a concerned other than opportunity , I think !!! In brief, my portfolio break into 4 corners (group) = Long term 4my pension; Medium term for yield; Short term for Cash flow and Instant (contra) for weekend spending , ha ha Avg my portfolio is around 55 counters n part of it come & goes , lah .....
@Kcchongnz What about u...collect any stocks? Nothing to scared! 1. BN win...Things as usual before GE..except "Kwok-Cool" (mandarin) hole besar sikit. 2. PKR win.. Good things like PKR Selangor & Pinang..Huge FDI..don't u think better & brighter shares market. 3. Lastly.. I can foresee the soon to be unlimited opprotunity in our stock market esp. foreigner investors..small & big will be more favourite to the new LOOK. 4. Lastly again..Pak see ball chow will be the WINNER
Story of my life .... ha ha Need alot of M & A Gods , mahh , just like `'`KASSETS" shares for my 3rd , with my sunglasses got in 0.10 n sang Stevie Wonder songs for few hours , M & A gods couldnt stand my Karoke n here come 0.12 , made 20% profit while panic in market in selling ................ pure pure luck in this occasion lay
buy ekuinas stock this week.for penny stock, watch it's warrant or call warrant. usually, the market momentum is heat up ahead of CNY. next week the boat is cruise faster.True or not?
KAHFIEHLAI, My view i exactly like yours. Who doesn't know election is any time around the corner? Why now only panic selling bcause of election coming? I agree with Kahfiehlai that the outcome of the election would not adversely affect the share market. What is wrong if Pakatan win? Can't you see the states of Penang and Selangor are doing better than when under BN? Perak would hav done better too if not of the forced takeover. Let me put forward a wild proposition below. Big boys are capitalzing the fear factor inherent in the hearts of small retail investors. They deliberately pushed down the share market so that they can collect bargains and then sell to the retail investors after the general election at much higher prices, when the uncertinties are behind us. If not how can they make money? Anyone?
@kcchongnz: do agree with you but i think most retailers are cutting losses now & intend to buy back at lower price. they also wanna benefit by collecting at bargain prices by taking advantage on the big boys effort to push the price down :)
KAHFIEHLAI, yeah, I will follow OTB to buy some stocks tomorrow morning. I already have too much Kfima in my portfolio. So I think I will buy some Kimlun. Pang Tin has been buying Kimlun. I have said many times when insiders buy their stocks, there is only one reason; that they think their stock is undervalued. And who knows better then the insiders about their company? Oh maybe I may buy back some other shares like Johore Tin, Scintex, or maybe SP Setia?
So has anyone bought anything today? Sometimes it's really strange that people or funds decide to "suddenly" react to the election news. As for myself, I nibbled a bit of DLADY today.
Ooi If we are using TA should we not be buying KFIMA around gap1.82-1.80 or around horizontal support 1.76 provided there are bullish reversal candles To me breaking 1.76 would be very bearish for KFIMA as chart looks like a potential head and shoulders to me Hence KFIMA must defend 1.76. My views only . Welcome your enlightenment.
Price falls below 1.76 is a bad sign for this stock because the trend has changed from uptrend to downtrend. Should cut loss and buy back later when buy signal comes back again.
KAHFIEHLI, At today's closing price o WCT and Wd at 2.8 and 30 sen, my opinion is that Wd, with 5 mor years to expire is worth to invest. Its premium of 11.8% for a Amerian style option expiring in 5 years time is undemanding. Moreover the implid volatility of 15% is below the historical volatility of WCT (try google about historical and implied volatility for options if you don' know what I am talkig about). Moreover it has a nice gearing of 7.3 times. As for SKPRes warrant, I think it is better to buy the mother share, jsut that the major shareholder has been selling which may depress its share price in the short term. My opinion on its warrants as follow:
Posted by Ooi Teik Bee > Dec 27, 2012 06:24 PM “I found that SKPRES-WA at 0.07 or 0.075 is a better buy if compared against mother share SKPres. It is a new warrant, maturing in 2017.”
My reply Ooi, why do you say so? Just because it is a new warrant and at a lower price? I hope you don’t mind me saying that this is a gross misconception. With an exercise price of 45 sen, the warrant is out-of-money at 7.5 sen while the underlying share price is only 35.5 sen. It has no intrinsic value and all its value is derived from the time it has before expiry in about 4.5 years time. However this time value is very small at about 2.1 sen only compared to its price of 7.5 sen. This is estimated using Black-Schole Option Pricing, using an estimated historical volatility of SKPRes of 25% (You can actually get its actual historical volatility from its past prices). The killer being the high dividend yield of SKPRes at 7.2%. As you know high dividend yield of underlying share hurts warrant holders as they don’t enjoy it. Of course the option pricing, though it is a Nobel prize winner can be wrong, and the assumption of volatility can also be wrong. I personally think it is just theoretical and can be far from reality. But if you look at the premium of the warrant traded at 48% [(7.5+45)/35.5-1], I don’t need option pricing to determine that this warrant is indeed way overpriced, also taking into consideration of its high dividend yield. The high gearing of 4.7 times may be good for punting, but the odds are against you. I don’t punt if I do not have positive expected outcome. Agree, Ooi? 27/12/2012 19:43
Kccchong I agree on your view of not panicking if you are holding fundamentally strong counters. But if you check back history, the market corrects quite a bit once election is announced. Why not play safe and wait . Sorry , just a thought bcos I am a very 'chicken' investor.
1n1792, you may be right about the correction once general election is announcd. Actually those who are risk averse should probably lighten their portfolio so that you can sleep well, right now. Risk averse is not really chicke, but playing safe which is a good treat in investment. But the problem is that I find it very hard to predict macro economic and political situations, and how it will affect the capital market. I believe most people, including most fund managers have been holding a lot of cash even more than a year ago, anticipating cheap sale when the general election comes. And what happened? Last year KLSE gone up by 10.3%. Coupled with the dividend yield of say 3%, the return of the market is a nice 13+%. Those people and institution holding cash would have missed out this nice return. Now who doesn't know the general election is anytime around the corner now? Why people only liquidate thier position after the announcement of the GE? Wouldn't have this event reflected in the market? I don't really know. But I know a true value investor would not let this temporary event affects their long-term goal. Why buy the stock in the first place? For me it is because it has growth potential, good earnings and operating efficiencies, and most of all it presents a high margin of safety investing in it. Why then sell when it drops 10 sen, or 20 sen? For fundamental investors, if price drops and fundamentals are intact, they won't sell because they have given up predicting the market. They will only sell if the share price has risen up to or near to its intrinsic value. That is also my mjor difference in opinion with OTB that if Kfima drops below 1.76, its so-called cut-loss point, I won't sell. I would probably buy more. I am not saying I am right, others are wrong ok? It is just a difference in investment strategy.
Please note that Kcchongnz is using FA and I am using TA to trade. It is totally different strategy. I am very impressed with Kcchongnz, to me he is very good in FA. The reason I will sell because I am using "short" strategy. I will buy back at a lower price to make a profit.
There is no right or wrong in stock market. You have to decide what strategy you want to adopt. Always remember, we do not care it is black or white cat, can catch a rat is a good cat.
Final decision is yours.
All valued members should be happy to learn two different school of thought to trade in stock market. FA is better or TA is better ? I do not know. Anyway, I try to learn FA, I will attend a FA course in March 2013, I hope I can be a successful investor like Kcchongnz and also a successful trader.
My years of experience tells me u need both FA & TA , just like Ins Actuary is excellent in assessing risk based on historical data but very often they got it wrong , simple bcos they don't talk to the outside world to find out the latest "weather" condition , mahh ...... hence, u need both FA & TA plus alot of logical thinking , so far it works for me for many years !! I think , ha ha
Kcchong Thanks so much for explanation. I admire your FA skills and look forward to your sharing. Both your and Kcloh FA skills couple with with Purebull and Ooi Teik Bee TA skills would make trading much better for me in the future. I look forward to the next trade. And diligently screening all your postings.
Change govt? haha think these ; this was the govt that gave you educations fr secondary to primary to university. This was the govt. that create peacefully and freedom to this country in order for you to get good educations. This was the govt that fulfil your grandparents and parents dream after Merdeka either to be a professional or businessman. This was the govt that created your family's wealth. How? Do you think your family can get the wealth when this govt and this country is not stable in terms of economy and politics? listen listen listen.. whoever rules this country will involve with cronysm, open your eyes ma! let's say you hold good positions in politics i'm very sure you will help your family first ma and that is known to everybody here...smiles..
People are master, government is the servant to master. Those people who support opposition does not mean that they are not grateful to our beloved Malaysia. They have the choice of the government they want.
We do not care whether it is white or black cat, can catch a rat is a good cat. We can choose the best government we want in our opinion, be it BN or PR.
Please have the democratic concept right, support opposition or ruling party is our choice, it is not the matter of grateful to government.
People are master but not the government ... I repeat.
Thank you.
Ooi
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Posted by stock5678 > 2013-01-21 11:06 | Report Abuse
ya. lagi pun, mana kamu dapat berita itu? tak nampak berita pun