Chances are there .........

Chances of it going much higher is there.....

What you want to 'hope' for is a slower climb....

And if happens... there's no saying how high it could fly..........

There are no short cuts.

Best way to learn is to paper trade.
And do paper trading for at least 3 years.

That's your tuition.

DO not listen to idiotic people who says is ok to pay tuition fees when by losing money in the stock market.
Losing is never ok.
And one thing they will never say to you is that IF you are not careful, you could hit by a massive tuition fees which could wipe you out.

Yup. It's silly to pay tuition fees in the market.
Learn really well before you make your first ever trade.

Paper trading = simulated trading or put it bluntly, fake/imaginary trading.
Track down all your buy/sell decisions.
Record everything down.
Record why you buy and sell each share.
Record everything.

Chart your success/failure.

Keep at it.
Study carefull your performance.
Learn all about yourself.

Don't trade till you learn about yourself.

To improve your financial literacy? Look for gark. He's good. Really good.

There are many ways to trade and also many ways to invest.

Just the most common grouping is the daytrader ( or day punter? ) vs the contra trader vs the longer term trader.

And within this grouping, there are many ways to trade.

When you know yourself, you, know what you are good at and what you are not.

Sad to say, it's exactly like casino gambling.

In a casino, there are so many gambling tables.
Each table is a different bet.
Different rules.
To be good gambler, does it mean you have to be good at all the bets laid out?
I am sure you know the answer is no.
You just need to know what bet you are good at.
If you are good at Big/Small, then isn't it logical to bet just on that?

Back to stocks....
Don't ever follow the populist bet out there.
You read a forum, and everyone seems to be in that trade.
You call your Lee Mai Share (simply buy share) , and he/she will recommend the populist trade out there currently.
So do you have to trade that stock?

Answer is NO.

You find yourself first.....





by the way, what are the books you have read?

This post has been edited by Boon3: Feb 17 2014, 08:44 AM

Daniel, if you follow this thread, we HAD been discussing the potential of the stock when it was was below 80 sen.

Guess what?

We don't even want to take credit for it.

Bone got recommend ah?

LOL!

Company still pretty much kosong at this moment of time hor.....

What's the potential of the company at this moment?

Ah yes.
Of course everything is in the future.

We see a company making lots of money now and will continue making more money in the future, so we buy.

Problem is... AHB needs the rights issue FIRST.

That will still take many months to complete...

With the money, debt will be pare, then and only then the company CAN START rebuilding...

again... many months will be required....

Last time, Artwright did ok, for office furniture, if I am not mistaken.
So most likely AHB will be back in the sector.

Which means .. another furniture stock.

Right now, most furniture shop, which exports to US, with USD very strong ...
And with slightly better orders from US, these furniture are making BANYAK money.

But as you know...
furniture business....
while being a lasting business....
their BOOM times don't last very long...
And for me, NOW is just the start of the BOOM period...
but I tell you this...
I do not know how long it will last....

So by the time....
all the gears are finally set in motion for AHB....
what exactly are we looking at then?
what kind of future?
and of course, can AHB even deliver?

And this is where, choices come in...
we can choose a furniture stock, which is already performing, having good growth and making tons of money...
or we can choose AHB...
a new horsey...
but track record... not so clear.

So we buy the future... but what type of future are we betting on?




On a trading pov...
This (today) could be the shake up AHB needs....
what is MOST important...
is not how much AHB goes up today...
BUT how AHB perform comes T+3...

My 3 sen leh...

hehe... as usual... all the best.

I am not sure I like that I see now.

You do know that this is an incredibly HUGE penny stock, right?

Some of these penny stocks, the have so many number of shares issued that it's scary...
really scary....

Hubline has 3.245 BILLION shares issued....

Pagi pagi cari pasal.....

LOL!

yeah... inch by inch.

Last time you mentioned...
it was 5.5 sen.
now 6 sen.





( better run and hide .................................................... )

3.2945 only .....

Nothing much happening...
except pennies......

I seldom look at IPO stocks.
When they list, they are usually sold to the public at higher prices based on optimistic numbers.
So if a stock falls back to their IPO prices, it usually means nothing much to me.

If I am ever interested, I would rather wait about 2 years before looking into it.

Boon say......... ayam sudah lari........................ LOL !

I also don't have maaaaa .......

Ah Loo give tipsy!

Ho yeh!

Err... this one.... HAD great potential.

It's a turnaround play stock...

You can see how the stock rallied since Sep last year.
Price then 40+ sen.

The fantastic earnings was only announced in Oct, where earnings increased 200+ %.
Yeah, the insider knew.

Another good set of earnings was announced on Jan.
Annualising it, maybe you can get around 16+ sen eps.

But now price 120+- ......

Cos of this, some people would argue...
ayam run away jor....

And some would say, big risk of chasing this ayam that had already run so far jor......

But these naysayers could be wrong...
Earnings could improve more....

which means... there could be more upside.... maybe 2++ is even possible....

Chase now or wait and buy the breakout?

If you are very positive about this share...
my 3 sen opinion...
is watch for the breakout at 130.

My opinion hor....

look at the volume...
compare it to the vol back in Nov...

See the big difference?

Rite now...
volume is almost non existence...
indicating no strong hand is playing the stock at this moment of time...
which is why you see the stock is drifting no where...
perhaps as you say...
not even defying logic....

why you so like to play this type of bet?

Can make money meh?

You are betting for peanuts man....


the big money is ABOVE 130 la