kc- how are you doing? My great respect to you for continuously coming out with new articles to share your thoughts on the market. Your views are definitely useful and beneficial to everyone especially the newbies. And glad to know that you have started a course to give training an guidance to those who are keen to learn more about trading in the correct way.
Posted by AyamTua > May 2, 2014 02:22 AM | Report Abuse when kcchongnz speaks the world stop and listen!
Haha, AyamTua, you are the biggest joker here. good to have friend who has a great sense of humour.
But seriously, if I can guide some newbies from peeing on the electric fence when dabble in the stock market, that will be a great achievement for me. But sad to say, very few people bother about this type of boring advice. Everyone likes action filled advice; like what can give them multi-baggers return, 700% in a month.
kcchongnz: normal mah .. instead waiting for baby duck turn into swan mostly want to slaughter the duck overnight and turns it into peking duck .. you know lah like instant maggie mee mah ... most "long term" by definition here is "one week or two weeks" .. short term are "24-48 hours" .. ha.. ha.. ha ..
AyamTua, I no more own any of those stocks. I have sold them, not because they are no good, but because i need money to buy other stocks which i thought have better potential to make more money.
Both the stocks are good. Hexza a safe Graham net net stock with the potential of privatization, I think. NTPM is a long term growth stock.
kcchongnz: ok noted is there any good stock recommendation below $1.00? like ntpm and hexza? cannot afford more $1.00 :-) let me know ok .. thanks! :-)
Posted by AyamTua > May 2, 2014 09:33 PM | Report Abuse kcchongnz: ok noted is there any good stock recommendation below $1.00? like ntpm and hexza? cannot afford more $1.00 :-) let me know ok .. thanks! :-)
AyamTua,
One very important point you must know, and I must point it out to you.
A 40 sen stock, stock A, is not cheap if it earns 1 sen per share a year. Likewise a RM20 stock, stock B, is not expensive, or rather damn cheap if it earns RM5 a year.
Well, instead of buying 10,000 shares of stock A with RM4000, you could use the same amount of money to buy 200 shares of Stock B.
My return of investment in Bursa is so far very low as most of my capital is locked in blue chips such as Genting, GenM, CIMB, MBB which are the clear laggards in the recent hot market. I naively and strongly believe that I need to stick firmly to my principle, investing mainly in big companies with great name.
Lately, one of my old investment friends called up and she was very amazed that I were so faithful to my rigid investment principle. She advised me that “ONLY ROLLING MONEY CAN BRING IN MORE MONEY”. She substantiated this quote with her more than million profits from this round of bull alone. She does not have any fundamental or technical skills at all but just sitting in Kopitiam each day following the transaction of big fishes. I did talk about her story last year.
Comparing my lousy with her sparkling return, I were partially convinced. I have subsequently sold some MBB, Genting and GTronic, getting fund ready to jump into the wagon of hot counters.
Ha ! Ha ! if an old uncle who is the diehard lover of big companies for the last 7 days, cannot hold up and plan to jump boat to hot counters, I think the days of the bull is clearly counting down. God! Please save me. http://www.youtube.com/watch?v=Lz2lm-bUTbw
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....
stockoperator
936 posts
Posted by stockoperator > 2014-04-30 19:56 | Report Abuse
I like KC comment on No.13 above.