Yup, once long enough in the market, one will realise the one the highly make real and big money is those long term good stocks.
In and out often mean more mistaken potential being made.

Simple statistic tell us, for goreng, we have 51% of lossing and 49% of winning, it should be 50:50, but everytime in and out transaction, (as after you bought, chance of going up and down is 50:50), you loss minimum of 1%, so 51:49.

The more you trade the winning chance is like, 0.49 x 0.49 x 0.49 x ......

Unless one can defy and odd of statistic which not many people can do it.
I am sure I am not the one.

That's why we need fundamental value to guide us in term of investing. Simple goreng short term is the market, the chance of win and loss can't run away the 51:49 ratio, unless you are the one manipulating the stocks, if not, anchovies chance surely is 51:49.

This post has been edited by cherroy: Apr 22 2009, 02:30 PM

FKLI is in red.

This version thread v24 feng shui not good, just started then market heads south.

Whenever your see red bar on stock qoute page, it mean danger it being classified by KLSE on some issue.

Company collapse or not collapse, it is company matter.

But if it is under PN17, mean it violates KLSE listing rules which by then if there is no rectification made by the company, then it will be delisted from KLSE, aka you can't buy and sell the share in KLSE anymore.

Aiseh, suddenly some many reit kaki pop up.

You hold a piece of toilet paper you are still the shareholders of the xyz company, but the share cannot be traded in KLSE.
So you got something, but something that cannot be sold in open market, unless there are some people willing to buy from you privately. Who want it then?

As long as those reit doesn't run into high gearing or borrowing problem to finance and roll over its borrowing. It shouldn't have major problem

My take, it is a defensive play.

if tenants moving out and having difficult to find tenant resulted unable to provide much distribution, it just means economy is in bad shape, so investing in reit and stocks make not much different, both will sink if economy still in bad shape.

If economy flatting out, reit still able to maintain some tenant while lose some tenant not that significantly like less than 20-30%, they still can cope with that as the DPU is potential much higher than FD rate, as now they are trading at around 8-10% yield, a drop of 30% of DPU still much higher than FD.
So still can sti and get some yield that much higher the FD while waiting for recovery.

If economy recover, then don't need to say much lar, but reit price will surely underperform compared to ordinary stock.

So whenever assessing reit, watch their borrowing level as well which is the most important factor that enable reit to cruise through the difficult period. A lot of overseas reit tumble heavily due to high value of its property (real estate bubble) which they use those high value property to get borrowing and high leverage on it resulted, when those borrowing due time, they have difficult to pay back as refinancing is difficult due to credit tightening, while facing property price slump which wipe out the value of they were paying previously.

It dropped the steepest previously from 1.6x straight away non stop to 1.00 due to some major shareholders disposing, so after selling pressure finished and with attractive DPU, it bounces back up.

LOL,

Can lead to heart attack with too much of those kind unhealthy food.

This market doesn't need a reason, simply tembak, then go up already.

I see lately a lot of stocks stuck at some price after surging, can't move up much nor come down.
Good for big shark liquidating?

KNM (stuck around 0.53-0.55)
UEMland (can't cross the 1.00)
MRCB (1.00-1.20 hovering here and there)
Huaan (cap at around 0.30)

They are traded (goreng goreng) high volume each day, but price somehow doesn't break through in line of everyday rise.

Market is rotation play, each day we see different shine star.

It is good you never monitor those counters.

Just it pop up on my front page everyday (volume page), so got notice it.

Every individual steel company is different, some may be in very high gearing, while main product line may different from one to another, cold roll, steel bar etc.
Better becareful with those high gearing while debt or bond is near expiring one or need to do repayment one, refinance those high debt at current time is not as easy as last time out.

So better to study individual company financial situation then.

If purely goreng, no comment, simply tembak also can gain one in current bullishness situation. No offence.

Panamy final dividend will come out next month or so. 35 cents + pray pray still got some special dividend.

For the stock like Panamy, Bat, Guiness, etc they don't care how market moves, they move on their own based on their fundamental.

I see a lot of anchovies in the market already, swimming around with vast number. blinking with 50 lots 20 lot 100 lots in a lot of counters especially on the front page one.

It hasn't drop even KLCI plunged from 1500 to 850. So does when KLCI up time, it never moves as well.

Those kind of counters don't correlate with the overall market at all.

So don't need to care how market moves, even KLCI shoot to 1300, it might not move as well.

Tomorrow wake up, see green all over the board, ask what is yesterday promise? what promise? gorenging again.

More 'fresh' and excitement, if not everyday same 'meal', too boring then.
Joking nia.