Alaaa...dowan siput siput la.
A lot is really common sense one.
When a deep sell-off is happening, don't think of value so fast la.
The main intention of a sell-off is to sell the shares as fast and as much as possible.
Why talk value in the midst of chaos?
Wait a bit won't die one.
Let the dust settle first and then only you see if the what's left is of value.
Look recent history.
When was KLSE most recent collapse?
When was the best time to buy?
Buy when it was falling?
Or buy when it has finished falling?
Take Amedia, compare then chart of Amedia when you bought vs the chart of Amedia when I mentioned just the other day to magika that the volume has dried out and there wasn't even any mention of this stock in the forum?
Can you see the clear difference in chart?
One is showing that it is falling and one is showing that it has fallen?
Doesn't take much skills to see.
All it takes is a rational mind set to see.
If you buy the stock when it is falling and you start talking stuff like value and let your past emotions cloud your judgement, you could easily end up buying Amedia at 0.50+ sen, compared to a price of 32 sen.
Huge difference.

There's still two huge concerns.
Share overhangs.
Many entered at a wrong price, so many might want to sell once the stock reaches their cost price or so.
But the main issue is the young CEO.
Let's not talk about how obviously the shares were pushed so high but one of the main reason why the share dropped so bad was he disposed quite a bid of shares left.
No reason was given.
When no reason is given and the fact that he still own 75 million plus shares, how much can the public trust him?
What if he decides to pull another similar stunt and dispose another chunk of shares in the open market?

This post has been edited by Boon3: Oct 31 2012, 08:59 AM

This post has been edited by Boon3: Oct 31 2012, 08:58 AM

Chef Long!

Err...

Already say don't use firexfox if you are multi-tasking la.


This post has been edited by Boon3: Oct 31 2012, 11:41 AM

firefox eats up ram ma...

Hoiiiiii... we talking firefox ma.

I ... pass.

All the best though.
Just not my veggie.

I no HLE account.

Don't just watch la.
If it suits your style of trading, you should ignore what others say.

So sad meh?
No one wants to answer you meh?

Kena hold.

I see.
Thanks for the article.

I like his writings, they are very much easy to understand and it makes lots of sense.
Those several chapters in Part II of his 'How To Make .. ' book has taught me a lot.

Trying to get JCY.

Yes and I do see the possibility of a super bull in USA.
It's there.
Market is still flush with too much liquidity and sooner they will play the US market to new highs.
Incredibly that could allow Buffett win his mega S&P bet.

Unfortunately, I am still a kampung player.
Local market has been good for me and I hope it remains so.
I guess as they say, if you are winning, stay.