Bonia is a steady long term hold. Look at its previous charts... at the technical section. Its a slow but steady uptrend... wont fluctuate much so you wont have a heart attack with this stock. Solid long term hold.
Caiyidesign... just to share with you my two cents worth. I started playing the stock market about one month back. You need to have some understanding about the stock market and the experience will come as you invest.
Certain rules I have observed. Buy shares in strong companies are expensive but generally safe. Bonia split their shares thats why its affordable. They have great shops and you can see for yourself everywhere. Go into their shop every now and then to see if their latest collection is good and read news about the company to see if they are still worth to hold. I feel that this company can be a long term hold due to its history and strong and innovative management. Can do a Warren Buffett and hold long term to see the returns. The danger is the expansion into China as its a different market. If succeed, there will be lots of rewards.
Day trade is dangerous as can be seen this week when shares can suddenly fall without what seems like a bottom. I bought Sumatec on the basis of proven oil well and star ppl in it like pms bro and HS. When it dropped, my broker from the bank called me but without any news but hanging onto the facts above, I did not panic sell. But was very scared. The stock steadied the next day and rose again. In that time, I was prepared to hold onto the shares long term and see what happens. Lesson here is... speculative shares are dangerous and you dont know where the top and bottom price is... neither do analysts although they can analyse but markets operate on human sentiments too. There are many types of traders, like day traders who buy sell on short term basis or medium and long term. You decide which you are and can also have a combination. Dont borrow to play and buy shares with money that is not urgently needed and can keep for long term should the share plummett. Like my AAX shares, it was going up with reports of a turnaround at the end of this year but due to unforseen circumstances it did not happen but pushed to next year.
I have faith in AAX management. AA shares are expensive but I think AAX is affordable with the same management team and concept. It competes with no government support and stands on its own two feet. Everyone can fly and travelling opens up ppls mind and bring new ideas back to this country. Travelling overseas used to be for the rich but now .... I plan to buy more when the price bottoms to lower my average price.... where the bottom is is anyones guess but I will need to make that judgement...
I can go on and on and I am still learning.... this is my judgement and everyone have to make their own mind up about their strategy.
My rule is dont buy shares with money that you cannot afford to lose..
Know what your risk appetite is and trade accordingly...
Cash in profits whenever possible to materialise your gain or else its just a paper gain and can be wiped out at anytime. Loses not cashed is only a paper lose until you cash out. To hold must have good fundamentals or else need to sell at lose...
So complex but can be fun.... of course loses are not!!!
nice one nick. I share the same philosophy. The key is to enter the market with a plan and be disciplined enough to stick to it. Try to write the reason you are buying a stock on a paper. For example, SPRITZER is a bottled water selling company with huge market advantage. Water being an essential element for living, add together with the growing population and the water crisis now and then, you can be sure that the company will give you a handsome return on a long term basis.
Remember, those who fail to plan, are planning to fail.
nick 123 tqtq..tq for the advice . i plan for bonia is hold for mid for growth purposes but just bit worry why downtrend even can see the uptrend on the day. after your advice i can learn tht if not urgent sell then hold till price up to our expected profit and sell.once again just mind sharing any stockthat can get dividen stock but stock price not more than rm2?
Bonia and AAX are my long term hold. AAX should see results sooner due to the restructuring of MAS which AA and AAX can get market share. The other penny shares I have are speculative. GSB is another I have on a medium long term hold. Of course you have to do your own research and make up your own mind. Like they say... trade at own risk.
Its much easier to make money investing in good companies which profits are on a uptrend, than in companies that keep making losses over & over again.Don't try to time or outsmart market. If one is planning to be in market for the long term,don't buy speculative shares. Investing is more rewarding over the long term. In speculating & short term investing.you need lots of luck & have too endure much angst, stress, constant monitoring... There are many more billionaires & rich investors than rich short term speculators out there. If anyone can time/outsmart markets, like Bufffett can invest - he/she would be a trillionaire within 20 years!
Good article to read and understand penny stocks and possibly a warning to keep out off and concentrate on value stocks.
I have bought into sumatec... yikes.... its make or break in the next few weeks... but caiyidesign, I still advice value and growing stocks with good fundamentals....
Continue to learn but just be aware of funny advice... I think the story of the turtle and the hare... the turtle finished first... slow and steady.....
I made quite a bit of money from Bonia last time .Sad to say, it will be a bit slow now. Can huat later, maybe 5-6 months from now. I suggest you all to park you money in IFCA, SMRT, Kawan Foods or Seacara and you will huat
overall market is down. dividend shares just like warren buffett is long term keep. buy n put it to bed. when price is down n is good value, top up. then put it to sleep. it will come up when sentiments improve. just a cautious note... there is going to b a big correction in the next 1-2 yrs as there is bubble brewing... get ready cash n buy more when its down. market just like life.... its a cycle.... up down up down. as long as the fundamental of the country is strong, recovery will b faster as some economies with weak government, the down cycle can b prolonged n take yrs to recover.
Buying shares should be like growing a tree... a money tree. U choose the plant carefully.... ie u choose and analyse the company. U plant it.... ie u buy the shares. U might see it everyday.... but not much happens as the plant grows slowly. But if u come back every now and then u will notice it might hv grown. Sometimes u come back it might hv some disease that needs treatment... ie reanalyse to see if the company is still strong. It might need some fertilisers ie top up if the plant is still strong but shares drop. Ie u still hv faith in the company. But if it is too diseased and not viable u might want to chop it down ie cut ur loses. If u care for it well enough... it will eventually bear lots of fruits in yrs to come. The tree might get old... ie not fashionable or out of date in management etc... then its time to chop it down and start again..... its a life cycle of the process.
This is the warren buffett style.
Shares r driven by sentiments and day traders and short term traders, aunties and uncles who buy and sell for very small movement and profit. This distorts the market price on a daily basis. its just like ants and bugs on the plant... it irritates the plant but does not affect the overall growth of the plant...
this is the best analogy and story i can tell u... i m still learning myself.
U can buy mature fruit bearing trees but they are expensive... but u can consider to buy fewer.
u can buy speculative shares... which might me like weeds.... a parasitic plant. But occasionally it might turn out to b a healthy plant.... but odds r low....
Haha... hope u hv fun... there is so many ways to buy shares... one has to decide how to do it.... pure like the warren buffett way or a mixture of all the above...
nick123 tq for the philosophy .....yea..good example to make shares like a tree , seed, then growth tree, old tree ...hahhaa fun...so u enter today since low.. ?i try 1.35 see can or not as u said when low buy n keep ...since is good stock
I bought average of 1.42. Since its lower today, I bought more to lower my average price. My believe is that this company is fundamentally sound and has a future. Risks are credit crunch in Malaysia with GST and china venture.
i just put it to sleep for now... shares go up and it goes down. As long as the fundamentals are good... then just hang on. If not sell at lose to cut further losses.
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....
caiyidesign
58 posts
Posted by caiyidesign > 2014-08-20 15:02 | Report Abuse
got dividen boh?