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 Stock Market V40, Do you believe in October Myth?

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cherroy
post Sep 16 2009, 03:36 PM

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QUOTE(panasonic88 @ Sep 16 2009, 02:51 PM)
masuk. where is the nasty old bear?? whistling.gif
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We get it wrong. It is cute teddy bear. biggrin.gif



cherroy
post Sep 16 2009, 03:46 PM

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QUOTE(chyaw @ Sep 16 2009, 03:42 PM)
I still stick to my concept, buy during recession, sell during economy fly.
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My concept is much simpler, buy during recession, don't need to sell to make money one. icon_rolleyes.gif
cherroy
post Sep 16 2009, 04:04 PM

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QUOTE(debbieyss @ Sep 16 2009, 03:50 PM)
cherroy mind to tell how much percentage you have earned from your last stocks selling?
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Last stock selling?

I sometimes short term trade as well if got good profit, KLK, Axreit (aim for long term, but did buy sell a bit in between).

Carlsberg earn the most little (little or near no capital gain if excluding dividend), as its earning deteoriation make me worry of unable to sustain the generous dividend. Sold around 5.00 or 5.+.

Some never sell until now, especially like Panamy, near decade already if not mistaken. icon_rolleyes.gif
cherroy
post Sep 16 2009, 04:40 PM

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QUOTE(protonw @ Sep 16 2009, 04:07 PM)
Cherroy, mine to tell.  You just keep buying when you have available cash regardless of share price up or down, isnt it? So your capital is rolling bigger and bigger like snow ball.  tongue.gif If that is the case, I must follow your style of investment.  No need to headache and can collect dividend every now and then. hmm.gif

What are the counters that is good to be in this style of investment?
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Still look for the best deal, it is not disregard share price up or down. Just like recently, share price up so much across, almost can find target to but, so now only see Qcapital for dividend reinvestment purpose. If no, then keep in FD first which I always prefer AUD one (at least can hedge a bit on inflation front), until can find some comfortable target.


QUOTE(瘟神 @ Sep 16 2009, 04:14 PM)
KNM got a lot of "barriers" .  sweat.gif
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For KNM, 50K or 70K Q is sap sap sui. whistling.gif

QUOTE(dannyooi_84 @ Sep 16 2009, 04:16 PM)
Since I'm a beginner, which stock is recommended to look at?

KNM? Since you all talk much about it.  rolleyes.gif
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KNM is high blood pleasure stock laugh.gif that's why so many people talk on it. So weak heart one better becareful, can get heart attack if too much pleasure. laugh.gif
cherroy
post Sep 16 2009, 04:41 PM

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QUOTE(panasonic88 @ Sep 16 2009, 04:36 PM)
i knew cherroy has Axreit, Atrium, Arreit, Qcapital tongue.gif
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QUOTE(espree @ Sep 16 2009, 04:38 PM)
if I'm not mistaken, he has UOAreit and Amfirst, too
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Complete my existing reit portfolio. blush.gif
cherroy
post Sep 16 2009, 04:47 PM

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QUOTE(panasonic88 @ Sep 16 2009, 04:41 PM)
he is taken  cry.gif

p/s: maybe his children also same age as me jor  doh.gif
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aio, me so old meh. vmad.gif

Joking only.


Added on September 16, 2009, 4:48 pm
QUOTE(mopster @ Sep 16 2009, 04:16 PM)
Can someone kindly link me panasonic malaysia investors relation page (if it exists) ? i tried www.panasonic.com.my for IR but got directed to global IR.. lol
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http://pmma.panasonic.com.my/PMMA/Investor...nnualReport.asp

This post has been edited by cherroy: Sep 16 2009, 04:48 PM
cherroy
post Sep 17 2009, 03:54 PM

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QUOTE(mopster @ Sep 17 2009, 03:36 PM)
boring .....  yawn.gif maybe i dunno where the party is.... 
my remisier sure think im funny... like to buy apek stocks..

apart from REIT, is there any good mid/low cap dividend stocks ?? advise plz biggrin.gif
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Who care it is exciting stock up and down a lot or Apek stock (turtle stock), the ultimate goal of investment is make money only.

Always buy exciting stock and ended up being trapped or lose money, then what's for?

I don't know whether Daiman is classified as low cap or not, may be should be midcap. But this is one of the low cap that I put in my favourite page. Again, it is a very boring counter, but every year got around 9-11 cents dividend, while NTA wise is around RM4.xx and no borrowing. Don't mean recommend it, just post what I know and some stocks I got an eye on.
cherroy
post Sep 17 2009, 04:05 PM

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QUOTE(espree @ Sep 17 2009, 03:59 PM)
Growth stock or dividend stock?
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Dividend play only.

I never like growth stock, risk wise is too much (for me), while we don't know which is which, not all growth stocks ended up really growth, get what I mean?

Once choose wrong one, other need to make double the gain to compensate it.
You lose 50%, then you need to make 100% back to cover the loss.

Eg. 1.00 sink to 0.50, so you need to make 100% on 0.50 to breakeven point.

That's why and where the theory of never lose your capital is very important.
cherroy
post Sep 18 2009, 11:29 AM

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Tamadam goreng fails miserably. sweat.gif
cherroy
post Sep 18 2009, 11:38 AM

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QUOTE(mopster @ Sep 18 2009, 11:36 AM)
tanjong break 15.30 oledi..
"kena durian rambutan runtuh"  biggrin.gif
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Rambutan always like that one, it only turn green when others in severe reddish.

Always play 'reversed' or 'upside down' position with others. tongue.gif
cherroy
post Sep 18 2009, 02:15 PM

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QUOTE(mopster @ Sep 18 2009, 12:12 PM)
does "majority wins" apply in stock market  ?  hmm.gif
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From experience, it is majority get the market wrong most of the time.

2007 time, majority view subprime problem will confine to subprime sector won't affect prime and overall real estate market. All got it wrong, it exploded with the most severe way.

2007 time, majority view it is a long term bull market, can't see where the risk is except inflation from commodities. Kaboom, commodities bubble exploded, market tank 50% after Lehman.

This beginning of the year, majority view, economy is heading deflation, financial market might collapse. All got it wrong, market recover until we can't believe it.

Now, majority wait for big pull back, it never happens until now. Market still going up (at least index) like no other business.

When majority people buy stocks, including those are not in this field, it always means market near the top. When majority sell stock and lose hope, then market bottoming is not far away.

Majority seldom get it right, although sometimes they are right as well.

Above more appropriate for perception of market trend, and where it is heading. But not quite applicable for stock recommendation issue.
cherroy
post Sep 18 2009, 03:43 PM

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QUOTE(simplesmile @ Sep 18 2009, 03:40 PM)
!@#^$@$!@
The monkeys are working overtime to push the index up.
They should just take the day off and go for Raya la.
*
Need to push up make some duit raya.
cherroy
post Sep 18 2009, 03:58 PM

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QUOTE(simplesmile @ Sep 18 2009, 03:56 PM)
&%^$%#@
can see CI green shoots already.
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You just short the FKLI? biggrin.gif

Overseas markets are drifting lower now. But not for KLCI, they want green raya to celebrate with.
cherroy
post Sep 18 2009, 04:03 PM

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QUOTE(simplesmile @ Sep 18 2009, 04:00 PM)
Yea, I short at 1219
This CI is frustrating me.
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Aiya, just 1-2 point difference nia.

Better watch how overseas market is doing, today due to long holiday coming, less people want to commit anything, buy or sell too much. So little bit push, already can go either way already.
cherroy
post Sep 18 2009, 04:28 PM

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QUOTE(mopster @ Sep 18 2009, 04:21 PM)
All's Well End's Well...
might as well close with a new high before the long break..  smile.gif

go KLCI!.. pushhh~~~~ take a deep breath and pushhh......
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mopster,
This description tak boleh pakai lah, too slow liao for the market.

Should be take deep breath, blow blow blow, faster baru got pleasure. laugh.gif
Then blast off.

Joking nia.

This post has been edited by cherroy: Sep 18 2009, 04:29 PM
cherroy
post Sep 19 2009, 11:20 AM

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QUOTE(danmooncake @ Sep 19 2009, 06:08 AM)
The needs for those fund managers to perform caused the major run up.  The least invested fund managers will lose their jobs if they don't have any of their client money invested, therefore they gotta to buy something no matter what. 

I won't be surprise if the US Dow reach 10K first before the next leg down. Most of those companies are trading way ahead of their current projected earnings for next quarter and if there is any slight negative news or revised guidance, we will see a major sell off.

Let's ride this train for now and be ready to jump off the moment you see the tracks ending.  nod.gif
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Yup, it is one of the reason why stock market has been up, up and up. Fund managers scrumble to buy.

Even me also scrumble to find stock to buy for reinvestment purpose (div received lately), because any extra cash we received now, either we put

1) FD - interest rate super low.
2) Spend it - er... most people don't dare to spend too much now, want to save for rainy day. It takes time for the old habit back.
3) Invest - to make more money as well as to counter for future rainy day or inflation issue.

One will not opt for (3) if one see economy and stock market will be heading to recession and crash, but now most people see recovery (just matter how strong is the recovery) while people view worse crash has over. So until some major chance in term of economy fundamental or recovery like some major bank failure etc, it is difficult to see market sell off in big way like last year.

Slight negative won't lead to major sell-off. Investors still can live with that as long as company still making ok profit, mainly because there is no way out of the cash as mentioned above, interest rate is almost zero across the world.
Having said that correction is imminent now. There are a lot of tired stocks out there, as we seen even US market continue to green everyday, stocks in Asia seems not follow suit already.

Watch the month to month export, and manufacturing sales figure, as long as it shows trend up, market still on bullishness of recovery. We cannot have major sell off with market bullishness, as those bullisness sentiment will 'buy on dip' which why whenever we see US stock going down, buyer come out already.

Sell off or crash only happen when people fear and pesimistic about the future.

YOY is not a good measurement now because of distortion of benchmark, to watch the recovery, we need month to month improvement which is currently happening.




cherroy
post Sep 22 2009, 10:37 AM

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QUOTE(danmooncake @ Sep 22 2009, 01:00 AM)
Oil is down 3.5% tonight  ($69), DTO went up 7.5%

If Oil continues down,  CPO sure kena by Wednesday.
Watch for down pressure for OILCORP and KNM.  tongue.gif
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Oilcorp probably will sink kau kau due to payment default issue, which 1 million is relative speaking peanut for a company has 900+ milllion under the balance sheet with 400+ million of receivables.

cherroy
post Sep 22 2009, 04:25 PM

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QUOTE(mopster @ Sep 22 2009, 04:20 PM)
looks like markets everywhere flying today~~
this B U L L never stops....  biggrin.gif
*
Everywhere green green, if nothing goes wrong, KLCI can make newer high for green after Raya celebration. This bull longer than everyone has expected.

Look at how USD sink today!


cherroy
post Sep 23 2009, 10:48 AM

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QUOTE(espree @ Sep 23 2009, 10:40 AM)
rambutan season is here again?
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Rambutan always turns red when other is green time.

TA, it shows huge resistance at 16.00, failed to break it 3 times for the past months.
cherroy
post Sep 23 2009, 02:26 PM

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QUOTE(claricecmw @ Sep 23 2009, 12:01 PM)
Rambutan report/divvy drool.gif  coming out in these few days right? Hopefully then can break the 16 resistance level?  icon_idea.gif
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Yup, another 17.5 cents is expected.

I don't think can break 16 near term as don't think there will be major surprise on its report.

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