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 Bursa Traders Thread V1, Coook cooook cooook !

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Boon3
post Sep 26 2012, 07:30 PM

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QUOTE(kueyteowlou @ Sep 26 2012, 05:16 PM)
hmm.gif

what happened?
laugh.gif

Nothing happenened la. It's just that I think Inix momentum is building up rather nicely. smile.gif
Boon3
post Sep 26 2012, 08:38 PM

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QUOTE(SKY 1809 @ Sep 26 2012, 07:46 PM)
Nice idea.

I read a few months back that Bursa incorporates the CL feature, meaning u could pre key in a lower future selling price if price does drop to your CL point.

Does Anyone use IT  hmm.gif
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I am not aware of such feature. wink.gif

There are many ways to incorporate a CL.
Sometimes, if you are trading on a longer time frame, one can base the CL on fundamentals too.

Having said all these, no matter how smart and careful we are, this is the shark infested pasar we are talking about.
There will be many times we can be shaken and stirred and made to look like a dummy whose brains are in our bottoms. sweat.gif doh.gif

Best example I can share now is Johore Tin.
I traded it based on the earnings growth factor.
Then I got my brains shifted to my bottoms and made to look like a dummy because I got shaken out of the stock all because of the rights issue announcement.
The rights issue seemed totally redundant to me and I can not understand the need.
10 out of 10 times, my decision will still be the same and I would still continue to quit given such circumstances.
Sad thing is the stock continued to fly but only without me. laugh.gif
If there wasn't such an announcement, I don't think I would have exited the stock yet.
Oh well. No regrets. This is the share market and yes it's hard to exit the stock at the best possible price every time.
Many times, the stock can still go higher without us. wink.gif


Boon3
post Sep 26 2012, 11:51 PM

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QUOTE(kueyteowlou @ Sep 26 2012, 11:31 PM)
tongue.gif  since u doing calculation... my wrong then.. hehehe...

can you please teach me that how you trade @ this kind of range.. the picture I post below..


I cannot find a good strategy to trade..
Think about this..

It's not a must to try to trade all the time.
Trade only when you know you stand a very good chance to win.


Boon3
post Sep 27 2012, 08:34 AM

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QUOTE(andrewL @ Sep 27 2012, 12:31 AM)
hi guys. just found this thread and super liking it. by the way, i entered HWGB at rm 0.34. still holding unfortunately. should i sell or keep few more days ?
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Hello, I cannot give you any advice but I cannot help commenting on the statement underlined.
You said you entered HWGB at 34 sen but then you said unfortunately still holding.
I understand that HWGB closed at 33 sen, up 0.5 sen and your purchase is higher than the closing price but why 'unfortunately'?
On one hand, I can see where the 'unfortunately' comes from, you declare yourself to be unfortunate because the current stock price is cheaper than your purchase price. However, you have to realise that it's very common that after one's purchase of shares, the share price could trade lower. This is normal in the stock price and should not be considered as 'unfortunate'. It's not a must that a share must fly sky high after you purchase. Just saying only. It does carries some sort of importance if you are one who believes that one should trade in a clear mind and in order to be a good trader, luck or lack of luck should not be part of the equation.

After being so long winded and so male chicken talking on the luck factor.. laugh.gif tongue.gif
What was your trading goal when you purchase HWGB?
How high do you expect HWGB to fly?
What's your back up plan if HWGB fails to fly?

This post has been edited by Boon3: Sep 27 2012, 08:37 AM
Boon3
post Sep 27 2012, 08:40 AM

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QUOTE(edwin32us @ Sep 26 2012, 09:13 PM)
New Major Project to be analyzed.

The GLOVE SECTOR!!
Interesting News on the SAR virus.. This could be a booster for Glove Sectors

Health Officials Investigate New SARS-like Virus Detected in Second Person

A new virus.. similar to the deadly SARS virus.. has been identified in a patient who is critically ill in a London hospital.

Read more...
Let check on the Glove Index Sector for  26 September 2012

[attachmentid=3070243]

Indicators
1) Trendline - Broken above  uptrend line at 21.28 ( Bullish  ) .
2)  Support/Resistance - Formed Lower low and lower high (Bearish)
3) MACD - Bullish Signal Meeting with the Bearish Signal. If bullish crossover will indicate bullish strength.
4) RSI - Broke above  30% and heading towards 50% (Bullish  )
5) STO - Bullish Crossover and broke above 20%  (Bullish  ) 
6) Ichimoku -  a) Price in the support cloud and rebound after hitting the bottom of the support cloud.. ( Bullish ).
                      b) Conversion line  below the base line (Bearish).
                      c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Formed 2 white candle after a support hammer (Bullish) . N
*
Very interesting! rclxms.gif

Some minor signs of possible recovery in stock prices seen in some glove makers.
Boon3
post Sep 27 2012, 09:01 AM

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SAPInd surprises with 7 sen dividend! rolleyes.gif

Profits, however, was a shocker.
Down 43%.
I have not seen why.

How interesting!
The other day we saw SAPInd stage a techie rebound, climbing back to 1.6+.
Did someone caught wind? tongue.gif

More interesting.
After giving their 15 sen dividend, SAPind kept on falling and falling.
Did 'they' know that this quarter earnings is going to be that bad?

Some who bought the stock for the dividends, could have vomited all their 'dividends' back with the sharp fall in stock prices.
Boon3
post Sep 27 2012, 09:09 AM

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QUOTE(kueyteowlou @ Sep 27 2012, 09:06 AM)
today short market?
*
Not your birthday is it? laugh.gif

Boon3
post Sep 27 2012, 09:16 AM

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QUOTE(kueyteowlou @ Sep 27 2012, 09:13 AM)
tongue.gif  because MAS broke RM1.. so short market today...

let me see an entry signal first..  hmm.gif
*
laugh.gif
MAS episode is telling you to stop playing bottoms all the time. tongue.gif
Boon3
post Sep 27 2012, 09:22 AM

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DiGi up again. smile.gif

The other day I saw OSK issue new DiGi-CM. Traded volume up to now is 13,000 shares. laugh.gif
OSK's CW smelly ah? tongue.gif

This post has been edited by Boon3: Sep 27 2012, 09:24 AM
Boon3
post Sep 27 2012, 09:35 AM

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QUOTE(yhtan @ Sep 27 2012, 09:31 AM)
Sound like a good trading plan thumbup.gif
anyway high risk high return, i always prepare for it tongue.gif
One more thing.

Would you buy Amedia now? At 1.09/1.10? smile.gif
Boon3
post Sep 27 2012, 09:45 AM

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QUOTE(yhtan @ Sep 27 2012, 09:39 AM)
Nature of human being, point finger at others before think twice yawn.gif
I would let the profit run for the time being, anyway if live broadcasting brought in huge revenue growth, I might average up wink.gif

Did somebody profit from IJM rebound?
I ask myself that question when my stocks gets too high.
Is like if I cannot see myself buying the stock, why would others?

Did not buy IJM.
What IJM did was situpid. tongue.gif
My raw opinion is Scomi financials are really, really that bad and what IJM did is unforgivable.
It's a clear bailout.
Boon3
post Sep 27 2012, 09:55 AM

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QUOTE(SKY 1809 @ Sep 27 2012, 09:50 AM)
Anyone is looking at Ireka ?
*
It's featured in today's papers.
Anything new besides what the papers are saying?

I, myself cannot get interested in it because there are too many construction stocks and myself is not keen in construction stocks.
Ireka is not big and probably would be gauge versus the smaller one like Fajarbaru, Gadang, TRC, BinaPuri etc.
Boon3
post Sep 27 2012, 10:10 AM

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QUOTE(yhtan @ Sep 27 2012, 10:05 AM)
Let's look at the good side, Scomi does has expertise in Railway and Oil and Gas. IJM did that to enhance its civil engineering, maybe in the future has more chances in securing related project.

When u do not have expertise in certain field,
1)Joint venture with others (Profit will be share equally)
2)Hire third party to perform work (Expensive and very hard to master the skill)
3)Internally provide training and course (Costly and result is uncertainty)
4)Buy in a company

No.4 is the best option to tap into the field they intended to venture, fast enough, no need to wait years. Construction sector itself does not provide a sustainable income, that's why they venture Plantation, Property development etc. The chairman intended to grow IJM become Sime Darby v2, a wild wild dream laugh.gif
*
Scomi's railway expertise is in its subsidiary Scomi Engineering.

I understand but why insist on Railway and Oil and Gas?

Boon3
post Sep 27 2012, 10:15 AM

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QUOTE(SKY 1809 @ Sep 27 2012, 10:09 AM)
Do not know why Scomi cannot get any MRT  projects in Malaysia since political linked. hmm.gif
*
If not wrong Scomi Engineering is involved in the building of the trains itself and does not have the expertise in the infrastructure of a MRT project.
Boon3
post Sep 27 2012, 10:20 AM

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QUOTE(SKY 1809 @ Sep 27 2012, 10:14 AM)
Malaysia spends lot of money to bail out ex ex ex PMs yawn.gif

And also some ex Presidents too ( MCA )
*
Really disappointing.

Come to think about it, I forgot all about KEURO factor.
What does KEURO and Scomi have in common? tongue.gif
Boon3
post Sep 27 2012, 10:21 AM

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QUOTE(SKY 1809 @ Sep 27 2012, 10:17 AM)
MMC also another dumb partner mah, but actively getting jobs...

Joint ventures, just put your men in only.
*
Sad isn't it?
Boon3
post Sep 27 2012, 10:25 AM

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QUOTE(yhtan @ Sep 27 2012, 10:23 AM)
IJM Corp bank balances RM1.8bil
IJM Land bank balances RM680mil
IJM Plantation bank balances RM300mil

so effectively IJM Corp itself only has RM820mil hmm.gif
*
Good. Now read Scomi bank balances. sweat.gif
Boon3
post Sep 27 2012, 10:26 AM

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QUOTE(SKY 1809 @ Sep 27 2012, 10:25 AM)
I think Scomi Boss may finally control IJM .

U never hear of reversed take over ?
*
I heard of tai chi.

laugh.gif
Boon3
post Sep 27 2012, 10:36 AM

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Oolala!
Amedia has broken the 1.10 and is now at 1.12.

Congrats yhtan! smile.gif
Boon3
post Sep 27 2012, 10:59 AM

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QUOTE(yhtan @ Sep 27 2012, 10:53 AM)
The stock can't be forever up one sweat.gif
If I was you, I would take this opportunity and raise the quit target to 1.03. smile.gif


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