Its all about managing risks and emotion. If we r wiling to lose 10% on normal good fundamental stocks, then we use just this 10% and be willing to lose it all on penny risky stocks. Then there is the risk reward thing- buying good expensive stocks require large capital, and making smaller % profit vs buying penny risky stocks require much less capital and making bigger % profit ... its all about choice and how much money you can spare for trading stocks. No one is right or wrong in these matters, it's our own choice and we trade at our own comfort level.
You are right,investing in stocks require an element of risk taking and individual choice after deep analysis.We trade within our budget in the hope of building our nest egg in a certain time frame.
Even the best traders internationally do make mistakes in investing and have to write off certain investment at times.
Last thursday our index down more then 30 point but patimas got support at 0.05 cent, so I don't think Patimas will fall below 0.05 cent unless out index down again and fall below 1,700
It mentioned that Tencent will acquire 15% Patimas share. So far CEO of Tencent didn't giving out any comment. Despite Tencent would like to expand the Wechat users throughout international market.
Also, Patimas is the leading information and communications technology provider in the country. It encompasses data center services, telecommunication services and industries specific applications while also providing a comprehensive range of customer-centric ICT business infrastructure and cloud services.
Tencent believed that Patimas ICT services provider can assist increasing Malaysia Wechat users with more effectively.
Tencent may invest 15% stake in Patimas computers According to a report by Malaysia news channel Astro AWANI, Tencent, makers of popular Chinese chat app WeChat, plan to invest another 15% of stake in Patimas Computers this week after buying 5 percent stake from the company earlier this year. The deal is with an attempt to enhance Tencent’s service in the South East Asia region. As a provider offering ICT business infrastructure and cloud services in Malaysia, Patimas Computers is expected to facilitate in speeding up the service of WeChat and Tencent’s internet service in the region. This seems in line with its’ plan of opening a new branch in Malaysia. We will need to see how these moves will help Tencent to pave a path to expand its’ presence beyond home ground.
Just my opinion, Tencent is big company and I don't think they will use the company name to cheat people. But anyway we need to wait the announcement first. Hope that the news is true.
Why not invite bill gates to take over patimas...the richest in the world leh...can share same plat form...synergise...patimas as microsoft software provider....microsoft as patimas funder....kah kah kah
Patimas Chinese New Year Day & Lion Dance Performance. Patimas Computers Bhd, Menara Lien Hoe office. 19 Feb 2013 Every year PATIMAS will invite a Dragon dance dancers to enliven the Chinese New Year celebration at the office. The dragon is a popular symbol for Chinese New Year. It is a symbol of strength, goodness, and good luck, and supernatural forces. Men perform intricate dragon dances with one person manipulating the head of the dragon and the rest moving the body. We were enjoyed and amazed with the lion dance stunt.
SMIDEX 2013, SME Solution Expo, KLCC Kuala Lumpur - New Event 12 Jun 2013 PATIMAS will be participating at SME Annual Showcase – SMIDEX 2013”, organized by Ministry of International Trade and Industry (MITI) with the theme “SMEs Changing the Game”. This event, which will be organized concurrently with the “ASEAN-Korea SME Conference”, will be held from 12-14 June 2013 at the Kuala Lumpur Convention Centre (KLCC), and is to be officiated by the Hon. Dato’ Sri Mohd. Najib Tun Abdul Razak, the Prime Minister of Malaysia.
SMIDEX 2013’ is aimed at exhibiting the capabilities of Malaysian and International SMEs, showcasing products, technologies and services available for sourcing by other participating companies and trade visitors. The event will also facilitate in establishing a networking ground for SMEs, Multinational Corporations (MNCs) and large companies.
Hafiz, it sounds so tempting the way u support it n I'm wondering whether to go in again in this counter. I sudah kena TIGA KAKI, masok keluar, masok keluar, masok keluar dan habis RM5,000-00. Tidak ada holding power!! Risky game!!!
Once you click buy on PATIMAS every one would say " I bought cheap at 0.05 cents.1000 lots only 40,000.00.I want to keep it...but deep inside you wished if i can sell at 0.10 cents i already profit rm50,0000...and during this if i can contra much better....but now only waiting.....guess how many of you out there is facing this situation now
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....
Risk Trader
3,942 posts
Posted by Risk Trader > 2013-06-15 11:31 | Report Abuse
Currently i bought 2 block already at 0.05 cent. Pkan to can sell at 6-7 cent