Simple observation u can make between PPE & Gloves between Oil counters is that ... the former based on speculation and the latter based on fundamental which is oil price. Most of the PPE Gloves counters share price spike to new high but oil counters plunges to new low. The former is catching height of uncertainties but the latter moving back to its normality .. it says all though.
Fundamental and human greed. Always the later wins one. Many people will keep buying and selling same day or contra. Hahaha. 10 years la. Sure up. So many q and sell already tell u that. Be more patient. Wait long long sure win.
U get 0.165 then u will also sell 0.17 0.175 and buy back. Why waste time here. Other stocks sky rocket d. I lost my chance d. Lol. Sold ecoworld at 4 and change to velesto. Get average 0155. Lol. Now see this situation, I also wanna cry. May sell all before 1230. Only 150 lots. Not much.
@Huat8huat8 do you want to have a bet ? :P hahha... if it never move on almost near or on par with Armada & Hibiscus in terms of %, i'll stop trading for life & also pay you 10k ? deal ? haha
@Huat8huat8.... haha... okey okey bro... chill :) anyway, i made a staggering number in Careplus & Adventa... almost 6x of my net cash worth, much higher than my previous record during the subprime crisis back in 2008... u just need to know when to enter & exit... don't worry learn with the experience... glove will be still lucrative again but u need to re-arrange back the re-entry price point and re-entry timing...
0.245 is relatively easy once there is a crude oil price that i'm personally targeting... which is achievable... just not sure when... but coming... (as long as Trump don't escalate the situation with China, somehow he is more volatile than oil)
and also don't just linger in oil alone... diversify on the consumer site as well.. for eg, chocolate manufacturer, fibre companies (5G) willl be next... etc
So pandai u earn money. Glove I Enter at the wrong timing. Because all money here mah.... Geram betul. Once enter out pula the margin cap. Down 30 percent. Up back, sold all. I so sui, if I sold this share today, maybe it will up tmr. Lol
@MoneyHeist yes... i already enter at 0.60 and exit at 1.00 some time ago in early May on POS.... they're doing better but just certain segment of their portfolio is impacted due to pandemic.. i know quite a number of companies quite well.. no matter how good is a company, remember, the key is identifying when to enter & when to exit.. because the problem now is the share/stock market nowadays is different from back then... with more retail participation & more tech savy population, it is totally detached from the fundamental reality of the company, it is the same fate in NYSE... it have become more of a digital casino, accept the fact :) given the current situation, if it was 5 years ago, stock sentiments were different.
very less people are INVESTING like those days with companies... with dynamic business outlook for any companies, long term, is a ticking time bomb on your wealth... it is more of a GAMBLING already now
@gnath_77 you are right. Speaking from very experience man. Hehe i am newbie here. But thanks for the wise words man. Btw i entered Pos quite late but gonna hold for a bit longer. Hehe all the best to you! Stay safe
@Chua Joe Beng higher unit value shares will move up/down much visibly than low value stocks... but the nett percentile gain % will be almost same on the next tick up for valesto... i think u guys have to understand this... it is same for Armada... from the opening price...
now the economy at its downturn .. so basically what shares u buy u will eventually gain when the economy starts picking up. Just buy those which plunged and the price still remain attractive compared to previous months before the pandemic outbreak. Just dont f**ing short your share for short term gain. Will get burnt
all counters increase notably 4.5% to 7% from the open price... stay calm & patient :) the multiplication effect of funds that were lower will be more later compared to the other higher value shares... ( eg, look at gloves... when everybody rushed for top glove, supermax, comfort, i decided to acquire Careplus instead... the lowest a that time... movements were not as good as others, but when u wait... the multiplication effect on the delta is higher when Careplus started rising )
yeap... oil goreng very easy... just put your bet on crude oil price :) unlike other counters... end of the day, you know oil will sure go up one day, very crazily before correcting back... coz supply is severely cut right now... storage i quite high but there will be a supply glut later before correcting on the supply - demand... oil need to sustain at $60 at least to convince sustainability of the shale production companies & about $75 for offshore production... else more companies will shy away from producing causing severe collapse of supply chain... take the opportunity to ride the goreng
@Ron90 yes, actually you are right... i also already planned to pull all my funds from KLSE on July 10th... some panic is expected after July 10th onwards...
@dniap not come down... but uncertainty expected... klci index may not come down badly as before as most of the foreign funds are already gradually out since 2018... local funds are supporting at a staggering number... so, local sentiment will keep it afloat on either Gov... i prefer to stay away from the uncertainty for 2 or 3 weeks before moving back
Brent breaks 40 gain. Opec meeting will be held on 9 June. Rumor has it very positive for them to extend oil cuts. 50per barrel coming sooner or later.
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....
Huat8huat8
149 posts
Posted by Huat8huat8 > 2020-06-05 11:23 | Report Abuse
Velesto has become atm for some people lo. They buy sell buy sell play u all until lose patience lol