Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
5 Pages < 1 2 3 4 5 >Bottom

Outline · [ Standard ] · Linear+

 Stock Market V28, YI FATT = easy rich!!

views
     
cherroy
post Jun 1 2009, 05:32 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(omores @ Jun 1 2009, 05:24 PM)
Haha good one.

If price jump in one - three days: short term trader

If price down, and you are stuck maybe 3 month: mid term - long term investor

*
Just to add,
If company closed shop, then is like buying a piece of toilet paper. biggrin.gif


cherroy
post Jun 1 2009, 09:07 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(aichiban @ Jun 1 2009, 08:44 PM)
actually many more companies are doing that
especially when its not making profit in their business, they will try to recover losses through the share market


Added on June 1, 2009, 8:46 pm

that is why certain companies still tender for a loss project
they hope the announcement can pump up the share prices a lil to cover the losses
*
Any company management board don't run the company sincerely, as minority shareholders better don't touch the stock, as minoirty shareholders have no protection at all.

Company management board should be taking care of company profitability, not share price.
If company profitability is taken care of and registered good result and giving good dividend to shareholders, share price automatically will go up without a single sweat.

A good company management never care about daily share price, but caring how well the company is running to generate profit.

Just my opinoin/view.
cherroy
post Jun 1 2009, 09:10 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(danmooncake @ Jun 1 2009, 09:02 PM)
Mr DJ will open higher today.. forgetting GM.
GM is history and the story now..

Market will move ahead, looking forward another company to take its place in Dow.  biggrin.gif
*
Apple? Google?

If google, then DJ movement will be dictated by google as DJ index is computed based on price weight, not capitalisation weight (which norm for other bourses including KLCI).

The higher price of the DJ components move the index more.
cherroy
post Jun 1 2009, 09:16 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(virtualgay @ Jun 1 2009, 09:09 PM)
basically tomorrow will be good day for almost everything if GM Chapter 11 does not impact the Dow market...
Even Japan closing in GREEN today...
This is crazy...
Further to that due to the over pricing of the counters... i dont think any ikan bilis will have balls of steal to buy cause they have the impression that previously i bought KNM for 75 cents and sold of for 80 cents and now is already 90 cents and still going up...
Ikan bilis is being haunted by the previous trading price and always scare that the price is too high...
there is never too high when we riding on the bull...
*
For goreng or short term trading,
there is no such thing of price too high, what you look for is price differentiation between you buy and sell.

In fact gorenging KNM at 80 cents is safer than 40 cents back then, because at 80 cents time, the market is on the way up aka bullish sentiment, which chance of share price to go up is higher at 80 cents compared to 40 cents back then.

Market has some trend for awhile before changing the tone.
It won't change overnight, but it definitely will if it is going too far beyond the fundamental issue that can support the share price.
cherroy
post Jun 2 2009, 09:46 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(virtualgay @ Jun 2 2009, 09:43 AM)
my TM got chance liao.... finally can see 2.65!!!!
*
I don't think you should feel happy when your stock go reverse insteand go up in line with general market tone.

Unless you are intended to so long term investing one.

Buying a stock for short term trading that going opposite direction with the market is not a good idea.

My 2 cents.
cherroy
post Jun 2 2009, 09:50 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


I am surprise the still a lot of people buying Idaman at 0.02 or 0.025. shocking.gif




cherroy
post Jun 2 2009, 01:40 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


For MRCB, it is a political linked stock, which is well known in market place already.


cherroy
post Jun 2 2009, 01:56 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(mentality88 @ Jun 2 2009, 01:52 PM)
Aiyah, even company like Enron and GM can get into bankcrupcy. If you want to buy for long long term, then buy unit trusts lah. For some shares, they disappear over the years.

Shares must trade - that is what I learn. Take example, when I bought my RESORTS at 3.30 when Anwar was arrested 10 years ago, I missed two rounds for NOT selling them at RM 15 (one in year 2000 for tech stock rally and another one in 2006/2007). After that, there was a bonus issue 2 years back. Now, it is 2.85 only. I don't lose money but I lost the opportunity cost. If I would have sold the shares twice at RM 15, I have more opportunities since I cash out. Nevertheless, it is not late. I have been playing RESORTS at trading.
*
Resort at 2.85 is equivalent to 14.25. Not to mention there are some bonus issue in between.
It is not like they are falling from 15.00 to 2.85.
cherroy
post Jun 2 2009, 02:07 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Not enough bullet then earn the bullet lor

On one hand earn the bullet (work on core job/business etc), on the other hand let available bullet to generate bullet for you through steady way (investment).

Everyday in and out, you earn bullet for your remisiers. biggrin.gif

Don't look down small small sum, lama lama jadi bukit. You know remisiers could earn few k up to few ten K from you if continous in and out market daily. By then after 10 years plus, it could be near 100K commission gone simply contra or daily transaction which is no guarantee you are making money through the daily transaction.


cherroy
post Jun 2 2009, 02:09 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(virtualgay @ Jun 2 2009, 02:06 PM)
why la my boat sinking slowly?
All GREEN and TM comes out to be RED
this TM dont know what they thinking and people are like selling 1000 lots non stop @ 2.63...
they trying to push TM down??
*
Previous day of transaction and trend has been signalling big sellers were/are disposing.
cherroy
post Jun 2 2009, 02:11 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ Jun 2 2009, 02:05 PM)
I ask him same thing, wah cannot sell mah so boring, he say sell when you see you hit 100% la, dun sell when you hit 10%, then your life forever averaging down. He say must learn to study the company also, but strange thing is he dun touch REITS counter which I did ask him about last 2 weeks.

*
Reits are old man stock which has little room for upside. It is like FD only.


cherroy
post Jun 2 2009, 02:17 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ Jun 2 2009, 02:13 PM)
hahaha sure sure
true he always say the same thing to me. always in out we lose all in the commision. what got me into stock is his stories about shell, he say last time was around rm3 he holds about 400k, then turn to million, but after I found out wah have to wait like 10 years I also pengsan la. how to wait so long????
*
Take 10 years can earn 1 million, not enough meh.

Wealth accumulation and grow is a long term process, you cannot expect to earn 1 million by dipping in stock market in matter of months of few years.

Average return from stock market over the long term is 10~20%. It is the compounding force that is powerful enough to make one rich.

You have 50K, first year earn 15%, seems quite small sum, but compounding it over 10 years, powerful liao. By then your base (bullets) become more already.

Realistic return (average) is in this range 10-20%
cherroy
post Jun 2 2009, 02:21 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(moorish @ Jun 2 2009, 02:15 PM)
I told him if I've bought TAWB 200k last 2 months, I wouldve been millionaire also...no need wait 10 years hide inside cave rclxms.gif  rclxm9.gif  icon_idea.gif  just 2 months HAHAHAHHA
*
If burn the 200K then take another 10 years to build back the 200K, so wasted the 10 years effort.

Don't look down the loss you made, it could destroy your previous effort and hardwork.

I made 10% from 200K become 220K, but you loss 200K in one shot (burned), I am ahead of you 10 years, another mistake done, become 20 years.

That's why Warren Buffett stated never lose the capital is the key. Once lose, you need 2x effort which you can't guarantee you can make money through the 2x effort.
cherroy
post Jun 2 2009, 02:25 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(mentality88 @ Jun 2 2009, 02:21 PM)
Ya, only 1 bonus issue in year 2006 or 2007, can't recall exactly since I already mixed. But, I remember only 1 to 1. After that bonus issue, the price was 4.40. So, i am not sure the method you used to derive the facet that 2.85 is equivalent to 14.25. Anyway, I am happy to trade this counter.  flex.gif
*
It just split 1-2 years ago with 5:1 ratio. So current price you need to X 5 to back or equivalent prior 2007 year of its price.

so 2.85 x 5 = 14.25.

It never ever fall from 15 to 2.85 or 4.40.


cherroy
post Jun 2 2009, 03:08 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


It is a pirate ship this morning.
cherroy
post Jun 2 2009, 04:43 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(jasontoh @ Jun 2 2009, 04:22 PM)
Maybe when oil price at USD140, we will see SAPCRES at RM2.00 or RM3.00. Earn multiple fold even better  drool.gif  drool.gif
*
We better don't hope oil price at USD140. sweat.gif

Whatever gain in your stocks not enough to offset the inflation.

We lose more than gain.


cherroy
post Jun 3 2009, 05:10 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(simplesmile @ Jun 3 2009, 05:06 PM)
I keep reading "buy on dips and sell on rally". Sounds simple right? And I thought I understand this too and that I can put this to use anytime I want to. But thinking deeper, I started to ask myself, what is a dip, and what is a rally? Is KLCI - 0.05% a dip? Or does it take more than -2%? Is +1% considered a rally?
*
This is academic term, look good on paper, and talk so easy.

Reality and practically, not applicable, tak boleh pakai.

Rally just started, sold already, mana boleh.

Just like KNM, rally started from 0.3x, then "sell on rally" so sold after 0.4x, lose opportunity. Then from 1.00 dip to 0.90 "buy on dips." tongue.gif

Good ar??



cherroy
post Jun 3 2009, 08:56 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(panasonic88 @ Jun 3 2009, 05:11 PM)
klci from 1000 pts dropped to 8xx pts (or was it 7xx) oso no scared liao
this peanut skin, scare what, haiseh.

unless you buy cancer stock, then different said.
*
What to scare, we come down from 1500 to 800 also like that lah. Life goes on. As long as holding good stocks that still able paying dividend year in year out in a sustainable way, nothing to worry.

QUOTE(omores @ Jun 3 2009, 05:11 PM)
7XX not scared meh?  notworthy.gif  Hahaha smile.gif. 7XXX everything would be half priced lo, I would be very sim teah even with my current holdings now. If that happens, I'll plonk in 100% of my savings. And sit back relax, eat grass for 2 months and  cool2.gif .

*
7xx, scare?

Peanut only if had seen KLCI from 1300 to 2xx. cool2.gif

Still those buying good stocks at 1300 level back that time, they are making money now as those individual stocks are even much higher now compared last time even though KLCI is still not yet breakeven. But not applicable to lousy and goreng-goreng.





cherroy
post Jun 3 2009, 09:32 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Baronic @ Jun 3 2009, 09:08 PM)
i quote:

"you r dead wrong...
i find it normal for directors to dispose shares, this is share trading.
u allow ppl to goreng up, u should accept the fact that ppl throwing to bring down price.
all this depend on one self investment skill, whether he is good in identifying a good stock to invest.
why should it be suspended just bcoz u losing money ?? doesn't make sense.
just let it be, let the demand & supply take it course."

*
I don't like company directors gorenging their own shares. Time and effort should be spent on taking care of company business operation, looking for business opportunity, taking care of shareholders benefit, instead trying to goreng and making money through own stocks.

If a company is indeed profitable and able to generate return and wealth to the shareholders, directors as shareholders would love to hold their own stake intact or even more instead throwing out their share in the open market.

Company should be suspended and delisted if company is losing all its shareholders fund aka negative equity already. Because it worth nothing at that time, but only liability.

It is normal for directors to dispose share, yup, quite correct. It is an open and fair market, anyone can sell their stake or buy. But why directors want to sell their own stake if company is highly profitable? That's the ultimate question because company management board is the one can forsee the company future and having all the details about the situation of company business currently.
cherroy
post Jun 4 2009, 02:53 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(danmooncake @ Jun 4 2009, 12:26 PM)
Don't be afraid.. there are no tigers, no bears..but there is a good strong BULL standing there...
which you can make good STEAK!!  Hurry.. make the kill now!!  YUM!!  drool.gif
*
I don't know but I sense tired bull out there, although bear is not around.

5 Pages < 1 2 3 4 5 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0775sec    0.30    7 queries    GZIP Disabled
Time is now: 22nd December 2025 - 03:56 AM