"I do not believe HY high EPS so I played hit and run initially, when KYY joined in, I sailang with all my available cash because I know he definitely can move the market . he mention HY worth 18, but I sold every share well before 18, bringing home a beautiful return."
This is the best strategy in real life. Congratulations to you.
it is not right to blame KYY, you know very well he is a crook, you scolded him crook, so your loss is not brought about by him . then who is misleading you .
those people excessively promoting those who asked you to sailang those who ask you to dumb dumb hold those people giving sky high TP those people who do not allow slightest different view Hengyuan is not so good enough
do not blame the one whom you have labelled him crook. it is not fair ,I consider it is a bully
some good experiences or advices shared by KYY 1. Long term investors, like Warren Buffet make more money than short term investors.
2. Fund managers often cannot beat the stock market index.
3. Professional stock market analysts always write articles to favour the companies they visited. Remember all CEO and CFO will always say good things about the companies they manage. You must always read analysts’ recommendations with a pinch of salt.
4. Day traders who trade too often lose money due to transaction costs.
5. Financial and technical analysts always can make money, but they can make more money if they look at the company’s business and its profit growth potential.
6. For FA and TA practitioners to be more successful they should have a good business sense to take advantage of a sudden trend reversal instead of waiting to buy when the price moves above the 70 day moving average.
7 Remember the stock market is not like your rich father who would simply pay up your debts. You cannot get rich if you are stupid.
8 To be able to make money from the stock market, you must outsmart the losers.
9 There are more losers than winners. Losers are born every day. Otherwise, there will be no more ikan bilis for big sharks to eat.
10 The movement of any share is due to the number of the buyers or sellers. If there are more buyers than sellers the price will go up but if there are more sellers than buyers, the price will come down.
11 If you have been losing money, you must change your investment method. If you continue to lose money, you must stop investing because your brain is not wired for share investment.
12 You must develop the ability to control your emotion of fear and greed to maximise your profit.
13 You must not fall in love with the shares you have bought. You must sell to take profit. You must always bear in mind that profit is not a dirty word. When to sell is always a puzzle.
14 I must admit my mistake in being so bullish on Hengyuan. I wrote a few articles with good intention to help readers to make money. As a result, I did not sell when it went above Rm 19. I am too egotistic. But when I see a sudden trend reversal, I started selling. I have to sell at lower prices.
15 When there is good news, investors rush in to buy the stock until it is overpriced. When there is bad news, shareholders rush to dump their holdings as if there is no more tomorrow.
I think one silly mistake Koon made was his confession on his sales of Heng Yuan and followed by a sharp plunge in prices...so everybody blamed him loh..finding a scapegoat
rchi. he is not even a Substantial shareholder in HY.
Go to Bursa, and look at the Company Announcement.
Obligation to report threshold crossings Shareholding of 5% and above Section 137 of the Companies Act 2016 imposes an obligation on individuals and corporations that have an interest in 5% or more of the voting shares of a Malaysian incorporated public company (whether listed or unlisted) to disclose that interest to the relevant public company and to the CCM.
Note: "Voting shares" means, for the purposes of these disclosure requirements, an issued share to which there is attached a right to vote.
According to Section 136 of the Companies Act 2016, a substantial shareholder is defined as:
A person who has an interest in one or more voting shares in a company and the number or the aggregate number of such shares is not less than 5% of the total number of all the voting shares included in the company; or
There’s nothing wrong with emphasizing price to earnings. My personal view is that “earning” is variable, so does valuation from market. Other from knowing how to differentiate value and prices, learning how to understand business earning is more helpful when it comes to investing. I am not saying ignore price or value, but CONSISTENT and INCREASING earnings especially cash flow is more important. It’s not a debate of whether mr kcchong or mr koon is right, business sense or value investor. Every intelligent investing is value investing, isn’t? Just my 2cents, cheers
I don't know what is so great about robbing innocent people's hard earn money through share price manipulation, and then give out some to several poor students. Does that even count as charity ?
stock market is actually investment jungle, lots of risks , as we hunt in this jungle for our bounty. Everyone in this jungle need to be aware of the dangers, if its a legitimate method to make money, then cannot say its robbing innocent people, as all who are in jungle, must be alert or could be eaten alive. not to condone anybody,
what abt the groups of stock operators/promoters within I3 forums ? are their methods/games also cheating innocent people ? who are mislead to follow their buy/sell calls ?
Posted by arv18 > Mar 9, 2018 08:28 PM | Report Abuse Why is this article bad? It makes the assumption that everyone that invested bought in above RM10, which is only those holding before 2011, or those who bought Mid-Nov 2017 Guess what? If you had bought Shell or HY anywhere from Mid-June 2013 till NOW, you would still be in profit. As a Long Term investor, I'm shocked you;re so focused on short term price movements in 1 company.
you can't blame me too if you can't understand what I wrote in this article. It is your fault, not mind. Same same.
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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....
Halite
8,633 posts
Posted by Halite > 2018-03-09 18:54 | Report Abuse
KYY : if you are stupid , you can not be rich
do not blame anyone , good or bad , right or wrong , there is always something to learn