Calvin bought Jaks at only 40 cts due to Langat 2. Jaks has 6 feet diameter water pipe. Since Jaks jumped to Rm1.20 (up 200%) Calvin thinks too high to chase Jaks now.
I already made 2 rounds from Prestar and also made 2 rounds from Jaks.
10 years ago I bought Jaks when one Kl insider told me about Jaks.
I bought Jaks at 60 cts. Told my remisier to sell of Jaks when price doubled to Rm1.20 for a nice 100% gain.
After selling Jaks powered up near Rm1.40 and I was surprised that I still got some Jaks another Remisier forgot to sell. So I happily sold off all into strength.
Then in December 2014 I saw Jaks fell back to 40 cts and I bought back.
Ha! Jaks jumped to Rm1.20 this round for a fantastic 200% upside!
Now Jaks being so cyclical is not worth chasing any more.
Time when Calvin called for buy on Jaks few people bothered. Now Jaks up only 'expert sorchai' come out to promote.
Yes the list are profitable....but non are 2 to 3 baggers loh...!! In order to make big...u must have patience to go for longer run and make few 100% loh & this attribute dynamic investment lack loh...!!
hmm.... not really... if you can get 20% to 30% return per annum, then it is considered worth the effort already
stockraider Yes the list are profitable....but non are 2 to 3 baggers loh...!! In order to make big...u must have patience to go for longer run and make few 100% loh & this attribute dynamic investment lack loh...!! 18/01/2017 11:16
guys, I always say don't judge a man by what he says, judge him by what he does
if you look at stockman portfolio, even though he depicts himself as "opportunistic trader", the stocks he pick are mostly good quality stocks
the same applies to KC Chong. He ask people to buy stocks based on DCF valuation, etc... But my study of him showed that he buys and sells very much like raiders, me and stockman.
as far as I am concerned, Icon, stockman, KC and Raiders all have very similar stock pricking strategy. It is the way they describe themselves make them look like they have differences. Instead, I think they have more similarities than differences
Super investors should not have emotions involved. Just the cold hard facts. Others get 40 sen I get $ 1.10 no big deal. ============================================================ calvintaneng I already made 2 rounds from Prestar and also made 2 rounds from Jaks.
By and large, I am satisfied with my entry timing. The only aspect I trying to improve is timing of exit. I always sell too early and leave too much on the table.
Thats why i m saying mammy...u need to have a longer run strategy n make few 100%....but that means u need to have conviction on ur share u buy n not simply been shaken out, when price temp reverse loh...!!
Wait ah let me count...one two three four and five! Five old men stroking themselves talking about the good ol' past lel
plpmanmy ask your master old man koon to set up the stock competition and tell him rm200k first prize will only attract monkeys, small timer micro sub-50mil penny stocks where liquidating will mean telling people to buy, when he's selling he he he
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....
calvintaneng
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Posted by calvintaneng > 2017-01-18 09:52 | Report Abuse
Calvin bought Jaks at only 40 cts due to Langat 2. Jaks has 6 feet diameter water pipe. Since Jaks jumped to Rm1.20 (up 200%) Calvin thinks too high to chase Jaks now.