this reminds me of what kcchong has tirelessly warned others not to simply use margin facility to trade... KC's advice was sincere and right from the start... sotck market is a zero sum game be smart and always be alert...
@soros228 I still remember at that time Chin well shot up every few days. Historically trading around RM1.40 to RM1.60 but up until RM2.20. Now it has go to its fair value. It should rise as it has better earnings now but RM2.20 was way too high.
By the way, no matter how strong someone promote a share, eventually you are the one decide to buy or not, cant blame others as no one point a gun in your head :D
I did not promote any stock in I3 for last 6 months.
I know what I am doing in my job. I do not help anyone.
I am a honest businessman, I cannot disclose a lot of information here. As long I do not cheat any reader in I3, I do not feel any guilty I had done in I3. I stop here, I do not need to defend me here.
each of the above shares ( except for the China company ) had earnings growth last year and compelling reasons to buy and hold for the period of its earnings rise......especially if you can catch them in the beginning of the rally.
if you can buy a share and see its earnings grow 100%, 200%, 300% and hold it throughout its run and buy it in sufficient quantities to make a difference. ....that is the stuffs of champions.
Posted by Ooi Teik Bee > May 8, 2016 12:09 AM | Report Abuse
I did not promote any stock in I3 for last 6 months.
I know what I am doing in my job. I do not help anyone.
I am a honest businessman, I cannot disclose a lot of information here. As long I do not cheat any reader in I3, I do not feel any guilty I had done in I3. I stop here, I do not need to defend me here.
Thank you.
I am a honest businessman (this is oredi your biggest damn lie, or a joke?)
So would u feel guilty to ask yr RM960 clients to buy high so that u can sell high for your VVIP n VIP clients and get 10% profit sharing? Dont u see this is a conflict of interest???
Murali. I think he has act very very fairly. He treats VVIP, VIP, normal subscribers really really equality. All because he is a very 'honest' businessman. I trust he does so. In reality(business context), it is such myth exist of treating all clients equally without any priority? If you really do the business before you would know la. Haha
The point is if prominent investor can announce buy but why not when disposed? If announcement when he buy can cause the share price to rise but why not if he dispose will cause the price to drop? Why only causing up can but down can't? Same as financial result announcement as well. If good then it will gap up and gap down if bad. The company cannot hide their financial result forever of bad. It's a norm that investors need to face this kind of short term volatility.
If he operate a trust fund then we can't deny that his role is seen to be transparent without confilct of interest. The Action must louder than words. No mater how you twist and turn, you role is still apparently compromised ...we are not born yesterday. There are many old birds here....
Conclusion of kyy hooohaaaaa...he should announce his disposal 1 week before his action. He should announce his buying 1 week before he is buying...if he can do this ...I pay respect to him...else he is conman
What worst about this prominent investor is he encourage people to take margin financing. This is in directly encourage people to buy his recommended stocks to push up the price. The consequence of this is he become richer from people who buy stocks using margin financing. But the poor and newbies become poorer as the result of losing money as they stock price goes down or stay flat if they purchase near the top. He is evil covered by the name of doing charity. Can you do charity sincere a bit and don't use the money that you get from stock market to do charity? If no money, then don't do charity la. Why need to chase for popularity when doing charity?
morally it's wrong to ask people to buy when you are selling. what's important "caveat emptor " Buyers beware and do their homework not follow blindly the seller word of mouth
Money flow is equally important (if not) the shraes will be value rich but moribound interms of pricing. This is my personal view
never teach people to make FAST money but advise them to make money slow and steady. sometimes slow can be faster then what your dictionary tells you
never teach people to use margin , teach YOURSELF ONLY, not everything good to you is good to others, unless you are willing to compensate him for his loss. if not shut up
do not scold people stupid do not know to sell when the price is good because he good good follows you words but you diam diam sold a big portion already
so what to do ?
learn my strategy of survival in this buaya market free of charge
my recommendation of the day ,
BUY GADANG AND KIMLUN NOW AND BE PREPARED TO KEEP FOR 2 YEARS.
do not look at the price , if you look , you die,but read the quarter reports and what others people said about gadang and kimlun,esp what I said,
very boring ?
never mind , start dreaming.....
you and your happy wife enjoying the Alaska Deep sea cruising in the deep blue sea .
but do not forget to sell all kimkun and gadang before you go because my fortune telling power is safe and accurate for the most 2 years only.
If you're going to buy construction. you are better off buying Eversendai, Sycal or AWC. There is at least some margin of safety (not to be confused with buying on margin).
I'm generally not too enamoured with construction counters, due to lack of earning visibility, low net margin and rampant corruption.
Watch out for Focus Lumber. It's drops on heavy volume. Don't catch the falling knife. It may reach 3 millions volume today. Possibility large holder dumping. Look at the historical quarterly results. Q1 is a weaker quarter for Focus lumber.
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....
buddyinvest
719 posts
Posted by buddyinvest > 2016-05-07 22:51 | Report Abuse
boon, what's your problem?