Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
3 Pages  1 2 3 >Bottom

Outline · [ Standard ] · Linear+

 Stock Market VERSION 26, Baby bull @ Baby bear ?

views
     
cherroy
post May 12 2009, 02:04 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(lklatmy @ May 12 2009, 01:55 PM)
In case you miss the last posting in v25,Perak status quo.

back to square one.
Malaysia boleh.

source:Malaysiakini
*
LOL, what a comedy episode. doh.gif

PR get back the gov less than 24 hours or Nizar allowed to be back to MB office less than 24 hours, then need to leave with the appeal court ruling and Zambry take back MB post again.

OK let talk about politic in RWI, here is purely for stock market making $$. icon_rolleyes.gif

This post has been edited by cherroy: May 12 2009, 02:05 PM
cherroy
post May 12 2009, 02:15 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(YuNGSeNG @ May 12 2009, 02:11 PM)
Actually what related between Perak politic and Stock market ? I mean financial related
*
There are some links. If public feel insecured to spend and company feel insecured to invest money, then it will affect the overall economy.

But for Perak state drama, the effect is minimal on the overall economy as state actually is powerless on most issues.
cherroy
post May 12 2009, 03:25 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(.:BreT:. @ May 12 2009, 03:22 PM)
yup from ramunia insider, but dunno how true is it. bought few of ramunia-wa smile.gif
*
Insider news?

Ramunia has agreed to sell their most valuable asset to Sime at 41 cents, left with nothing.
or later stage try to inject some gold mine into the company to stay listed? biggrin.gif

No offence. smile.gif
cherroy
post May 12 2009, 03:35 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(virtualgay @ May 12 2009, 03:26 PM)
this inside news does not sound good at all la...
meaning share price will come down even further
*
I don't know, but the company has sold it crown jewel or its core business (asset + liability) at 41 cents valuation, then left with nothing. Then why should people buy more than 41 cents then.

Enlight me on my noob and fail to understand this issue of share price at >70 cents, may be I missed out something?

If at slight above, may be reasonable just like Tamcorp but almost near double the price?

cherroy
post May 12 2009, 03:41 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ May 12 2009, 03:34 PM)
PBB CH 100 lot 0.025
PMindWA 100 lot 0.04

I know I know not a very bright choice, my remiser tried stopping me many times to the point he almost dun wanna key in for me tongue.gif
*
Do you know what you are buying?

Both might worth nothing one.
That's why your remisiers reluctant to key in for you.

Do you know PBB-CH out of money?
Do you know how bad is PMind's financial book?
It has RM2,000 revenue for the last quarter!! and for the last 3 quarter with revnue only 42K!

I don't mean their price won't go up.
cherroy
post May 12 2009, 03:49 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(virtualgay @ May 12 2009, 03:43 PM)
cherroy,
I am impress with your knowledge la...
Where you get all this info into?
*
Now internet age, a few click, a lot of information can be obtained already, not actually very sophiscated then.
cherroy
post May 12 2009, 05:02 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ May 12 2009, 04:22 PM)
But as question asked is the higher vol this week an indication or totally irrelevant?
*
You need to look at stock price as well.

If it is a 0.05, people will at least buy/sell more than 500 lot or some amount like that.

So for low stock price, volume can be seen quite high, but in actual fact, it just could be anchovies swimming around only, not big shark.

For goreng, what you should do is swim around some counter that got big shark, and swim along the shark to get some 'foods' faster.
If you swim into some area got no big shark one, the stock won't move (for goreng).

Just remember must swim along the shark, not against the shark and avoid the shark turn its head to eat you when food is finished time or get out of the water when food starting to finish time, as soon or later, the shark will also eat those anchovies that swim along with it one when there is not enough food around.
cherroy
post May 12 2009, 11:33 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(andrekua @ May 12 2009, 11:28 PM)
Why does LION related corp rally anyway? Are they going to take them private? The price is sure cheap but rallying so much for more than a week on no news? Seem like very dangerous. Besides compared to other bigger steel players in the market, nothing much from the looks of it. Of course, steel price is well off the lows, but its just a few percent higher off the lows. From what I heard, steel price has been moving upward slowly in China, but still at a relatively lower price than our LION brother.
*
Take it private? 3 of them? shocking.gif

You can straight away count how much the cost they had to pay for take it private and not to mention how much the liability of the company in term of debt and borrowing need to be bared.


cherroy
post May 12 2009, 11:36 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(nujikabane @ May 12 2009, 10:21 PM)
What is the core business of Mulpha?

Never mind, found out already tongue.gif

Am wondering whether it is a good stock to buy ?
Any take on this?
*
Long term of short term?
It is different ball of game.

For long term, can read through all its history including financial report and stock price history, dividend etc, which will hint you the clue how well the company did and whether generate good return for long term investors/shareholders.

For short term, can go anyway.
cherroy
post May 12 2009, 11:39 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(panasonic88 @ May 12 2009, 11:36 PM)
haha, say hello to rm2.70/liter laugh.gif
*
Then kill the economy recover effort, market crash again. whistling.gif
cherroy
post May 13 2009, 03:13 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(goognio @ May 13 2009, 03:10 PM)
I wonder why volume is so big but CI not move much.only bilis play shares?
*
If your page is set to be with display of KLCI component stock, then you won't see the bullishness or greenish of your page, while they mostly are thinly traded, may be except KNM.

It is a goreng market currently. The more stinky/junk the stock is, the more chance it shoot up. tongue.gif
People and anchovies are simply chasing around in number.
cherroy
post May 13 2009, 03:20 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(zamans98 @ May 13 2009, 03:16 PM)
gila, ppl keep buying n buying.. like no ending..

every auntie, uncle is buying. Simply hantam..
*
Ramunia is trading at 0.70 speaks all.

Everyone knows goreng is a zero sum game? (I posted in other thread)

There will be a loser afterwards, normally are those the most greedy one and late one.
cherroy
post May 13 2009, 04:45 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(nujikabane @ May 13 2009, 04:27 PM)
Oh I see, if NTA is anything to go by, this stock does seem undervalued, anyway I think better KIV at the moment, and see how things turn out in a couple of days. Hmm..
*
Don't use NTA as the ultimate factor, as if company making significant loss, then NTA can easily be wiped out. Then back to square one.

To see a stock whether it is really undervalued or not, look at NTA, profitability level, profitable prospect, cashflow generation and competitiveness, if satisfy the above criteria, only then we can say it is undervalued.

A company can have tons of profit but huge negative cashflow can kill the company as well especially at current situation, credit facility is tight.

Profit can be derived from a lot of source, it can be operational profit, it can be revaluation which contribute nothing to company cashflow.

cherroy
post May 13 2009, 05:42 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Grengo01 @ May 13 2009, 05:20 PM)
Lau or Tan.. hmm.. now am not too certain... but certainly the Master Chef fryer of almost every second boarder that rose like rocket beyond the reach of an ordinary Malaysian... hundred over ringgit per share... doh.gif spectacular....

Those were the days... Granite, Lien Hoe, Idris, Kemayan, Kamunting... all rose from ashes... my friend's uncle need to reopen his safe and dust the share certs to sell after holding them for years.. suddenly the papers are valuable again.
*
Lau if not mistaken,

See where are they (those previous infamous goreng stocks) now... whistling.gif
cherroy
post May 13 2009, 11:17 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ May 13 2009, 10:48 PM)
how do we know where is the peak?
*
Nobody knows exactly when is the peak, it could be now, could be past, could be still far away.

But generally there are some sign which repeatable everytime which serve as good indicator, peak is not far away or around the corner like
1. Lot new investors/punters are joining the market goreng
2. Lot of people open new account with brokers firms
3. Lot of tip/rumour flying around the market
4. Market behave out of logical sense, whatever junk that worthless also can sky-rocketing
5. Majority or up to 95% people are bullish about the market
6. Every recommendation is buy buy buy, which one to buy. Nobody think of selling and care about risk of going down aka complacency
7. Lot of people lose concentration on their core job, everyday care whether stock market goes up or not, even taxi drivers. No offence to those tax driver.
8. Market volume reaching enormous high, from chart you can see from the history, market peak when volume peak which go hand to hand one.

Just name a few based on experience. icon_rolleyes.gif
I might be wrong.
cherroy
post May 13 2009, 11:21 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ May 13 2009, 10:01 PM)
Lionind looks delicious  hmm.gif
*
or the lion looks at you, say you are delicious, yum yum. laugh.gif

Joking only.
cherroy
post May 13 2009, 11:24 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(iamyuanwu @ May 13 2009, 11:21 PM)
When the shoe shine boy on the street start talking to you about the stock market and which stock to buy, you know it's time to get out.

Forgot which old investment guru said this in one of his books.
=)
*
This is true in real life, when people also talk about stock market in the "pasar" (I mean real pasar), which stock to buy, I got insider news etc. Time to get out, history always repeatable itself and never fail!
cherroy
post May 14 2009, 10:54 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


I smell there is little foreign fund in the market (KLSE), most big cap are so thinly traded even with total market volume exceeding 3 billion lately.
So KLSE doesn't response to DJ and overseas movement much.
As whenever there are lot of foreign funds in the market, KLCI movement is highly correlated with overseas bourses.
cherroy
post May 14 2009, 03:56 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(jasontoh @ May 14 2009, 03:45 PM)
To be honest, short term play is really like gambling. 50-50. Depends on when you will get burn only
*
Statiscally, it is 49-51, You forgot the 1% commission (2 transaction of buy and sell). tongue.gif

So you know your chance of winning through 49% repeatively, the more you go in and out (more trade), the chance of winning become lesser and lesser.

Unless one is very good in it to defy the odd. Yes, some do, but not many, very few people succeeding in doing it over the long term.

So the underlying is, don't go in and out too often, chance of winning become lesser as above and commission will kill you.
Better spot the chance and assess the situation correct, then only making the bet. One of the most successful hedge fund manager George Soros also doesn't go in and out too often, he will only make the move and in big when seeing opportunity. No opportunity just watch.
cherroy
post May 15 2009, 11:18 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(.:BreT:. @ May 15 2009, 10:17 AM)
i bought ta-wb liao.... praying hard 200k lots......
*
Good luck to you.

If TA below 1.00 or 1.00, basically TA-WB worth nothing, which is going to be expired soon.

3 Pages  1 2 3 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0199sec    0.39    7 queries    GZIP Disabled
Time is now: 22nd December 2025 - 07:35 PM