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STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point
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NewB-MX
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Sep 22 2011, 05:18 PM
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Getting Started

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Im very new to the market and was too naive to think that the first 2 weeks of Jan 2011 were how the market normally is
So after making some "easy" coffee money I went in deeper and now am drowning with huge paper loss. Guess im paying some tuition fees for not doing enough homework.
So I would greatly appreciate any suggestions from the sifus here regarding my portfolio - whether to cut loss now or to hold for rebound. javascript:emoticon(':help:')
Im tempted to nibble on or add some "solid" counters which are at attractive prices now (e.g. KPJ, DLady, Panamy, Utdplt and Carlsberg). But would need to take out some FDs to do that, unless I cut loss on some of my present counters and use the leftover.
My portfolio :-
1. AMedia @ 0.315 2. DRBHCOM @ 2.12 3. DUTALND @ 0.61 4. GSB @ 0.105 (average) 5. Jotech @ 0.155 6. KUB @ 0.755 7. MBSB @ 1.42 8. MNC @ 0.13 9. Mulpha (MIB) @ 0.64 10. NCB @ 4.15 11. OMedia @ 0.09 12. PCHEM @ 6.98 13. Perdana @ 1.07 (average) 14. Perisai @ 0.855 15. Plenitude @ 2.13 16. PMCap @ 0.12 & 0.10 17. Poh Kong @ 0.50 18. Theta @ 0.815 19. Timecom @ 0.59 20. Axiata @ 4.39 & 4.48
Thanks in advance!
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NewB-MX
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Sep 22 2011, 05:59 PM
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Getting Started

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QUOTE(panasonic88 @ Sep 22 2011, 05:33 PM) 1. You need to slim down your portfolio. (Holding 5 to 8 quality counters is more than enough as the more counter you have, the harder you keep track on their financial reports) 2. Going through each of the above past financial report, if the company is making losses on every quarter, cut loss and recoupe the money to buy fundamental counters. (You won't go wrong with counter like KPJ, DLady, Panamy, Utdplt and Carlsberg) 3. Best of luck. Thanks to all for your input. I've been trying to trim my portfolio for the past 2-3 months but have not been able to do it due to unwillingness to cut loss on some of the 'weaker' counters. So far I have cut off one only.
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NewB-MX
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Sep 22 2011, 07:23 PM
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Getting Started

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QUOTE(panasonic88 @ Sep 22 2011, 07:01 PM) Your decide for your ownself. Me for once, used to be like you, I called this "crazy rojak trade" which I created back in 2008/09, below are the transaction I quick in/quick out for that particular month. If we look back, some are gems, some are trash. I should be gladful that the end total still come out with a +profit, damn how I did that Those were the days. Thanks so much for sharing something so personal javascript:emoticon(':)') Will work on my discipline and guts! Hope in time i'll be able buy and hold mostly (if not all) "good" and "solid" counters only.
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