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 Bursa Traders Thread V2, waaa! V2 d !

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gark
post Oct 23 2013, 03:08 PM

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QUOTE(lambethwalk @ Oct 23 2013, 03:07 PM)
i thought boon don't like "sai-sai" stocks wan...
*
He dont like.. thats why he always curse my stock.. until coma so long already de... sweat.gif

This post has been edited by gark: Oct 23 2013, 03:08 PM
gark
post Oct 23 2013, 03:10 PM

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QUOTE(Boon3 @ Oct 23 2013, 03:09 PM)
laugh.gif laugh.gif

Smelly name.
Smelly stock.

whistling.gif
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Never mind... icon_idea.gif As long as can tax you kau kau... to support the stock laugh.gif

This post has been edited by gark: Oct 23 2013, 03:10 PM
gark
post Oct 23 2013, 03:23 PM

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QUOTE(Boon3 @ Oct 23 2013, 03:18 PM)
Don't la macam ni... tongue.gif

So got new tipsy or not?
*
Thinking of hooting 5139.. boleh kah? laugh.gif

Support around 15.. hmm.gif Currently on downtrend...

Latest Q results not bad.... weak share price is probably due to potential rights upcoming offer like MBSB...

Need capital raising soon as CAR already below BNM allowable level...

This post has been edited by gark: Oct 23 2013, 03:26 PM
gark
post Oct 23 2013, 03:26 PM

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QUOTE(kueyteowlou @ Oct 23 2013, 03:26 PM)
RM15 stock.... rich guy oh........  notworthy.gif  notworthy.gif  notworthy.gif  notworthy.gif

better invest in crestbuilder lo...................  sweat.gif
*
If buy a few lot also consider rich 1 meh? tongue.gif

This post has been edited by gark: Oct 23 2013, 03:27 PM
gark
post Oct 23 2013, 03:33 PM

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QUOTE(Boon3 @ Oct 23 2013, 03:30 PM)
This one ... I say no.

The strong hand is staying away from the stock right now.
Stock looks mighty weak.

Anway, what's your perceived fair value of the stock at this moment?
*
Probably RM 15 is the fair value... it has gone down from over value to fair value.. not sure it will ever go down to under value... hmm.gif
gark
post Oct 23 2013, 03:41 PM

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QUOTE(Boon3 @ Oct 23 2013, 03:37 PM)
sweat.gif

Actually what I meant to say...

if you buy at 15..
how high you think this stock can go go go? tongue.gif
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Probably trauma from when i let go at RM 8 plus... later cannot get already laugh.gif Now die die must get back..

ok lah.. wait for more weakness.. laugh.gif

Thanks boon for helping in the thought process... icon_rolleyes.gif

This post has been edited by gark: Oct 23 2013, 03:42 PM
gark
post Oct 23 2013, 03:44 PM

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QUOTE(Boon3 @ Oct 23 2013, 03:43 PM)
I actually don't like to buy on weakness.

Say if it hits 15...
Is it a must that the stock rebounds once it hit 15?

What if the stock continues to show more weakness?
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The FA still looks good mah... laugh.gif

So back again.. apa stock Ah boon is looking to buy now? whistling.gif
gark
post Oct 24 2013, 09:57 AM

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QUOTE(Boon3 @ Oct 24 2013, 09:02 AM)
Also in another news, for those who miss out ...

I was reading this posting on HB Global.
This posting only solidifies why I feel that China Stocks are pure LAP the SAP.





1. Cash.
Last time around, HB Global kena 'big pan' when their auditor said cannot verify the cash balances at its subsidiaries.
New auditor said no problem.  laugh.gif
Can verif jor! tongue.gif
But look at the new cash balances shown in the first picture.
From 431 million RMB last year, cash balance now only left 68 million RMB cash.
How can cash shrink so fast in one year?  shakehead.gif
Money fly why?

2. New auditor also said that property, plant and equipment value needs to be impaired. LOL!
An impairment of 61 million RMB !!!
OMG!!!!
Actually I feel the new auditor, BOD, should state why the impairment is needed !!!!!
Was there an overstatement earlier?
Did the property or plants even exist?

Want to use Net ASSet for China Ah Lians?

Better think twice! tongue.gif

3. And then new auditor cannot take stock inventory count.... OMG !!!!!

( posted this wrongly in the wrong thread a few seconds earlier.... tongue.gif )
*
what is the name of the new auditor?

Cash goes missing in China stocks is very very very de common (did i say very enough times?)

One good trick to hide missing cash is to impair non-existent assets...or impair non-existent inventory or impair debts. whistling.gif
gark
post Oct 24 2013, 10:02 AM

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HB Global...

QUOTE
Date of change 13/09/2013
Name TANG LAI HUAT
Age 30
Nationality Malaysian
Designation Chief Financial Officer
Type of change Resignation
Reason Due to his health factors


QUOTE
Date of change 03/09/2013
Name HO PUI HOLD
Age 31
Nationality Malaysian
Designation Chief Financial Officer
Type of change Resignation
Reason Due to other personal commitments


30/31 year old with such a sweeeeeeet sweeeeeeeeet (more sweet?) job as CFO of a listed company resigned because of health? 10 days after taking the position? whistling.gif

Probally cabut to avoid court case later... brows.gif

This post has been edited by gark: Oct 24 2013, 10:04 AM
gark
post Oct 24 2013, 10:27 AM

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QUOTE(Boon3 @ Oct 24 2013, 10:22 AM)
There are 3 variables here. tongue.gif

Your trading win/lose percentage.
Your winning margin.
Your losing margin.

Adjust all three variables and ownself play play.
You will be surprised that you can actually survive and win big money even with a 30% winning as long as you have a healthy winning margin and you keep your losses small.
And no matter how you adjust, almost always... losses must be kept at a minimal.

icon_rolleyes.gif
*
There is no hard and fast rules in the %.. basically gains >losses is ok. You can gain 9 out of 10, but the last trade can wipe you out OR you can lose 9 out of 10 trades and hit the jackpot with the 10th and made back all your money. tongue.gif

So instead of messing around with lose/win ratio... i keep to stocks with higher percentage to win over the long term (ie value stocks). And i try not to bet too much, and only bet once or twice but make the odds favoring me wink.gif

This post has been edited by gark: Oct 24 2013, 10:29 AM
gark
post Oct 24 2013, 10:31 AM

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QUOTE(lambethwalk @ Oct 24 2013, 10:29 AM)
did quite ok GE times. then didnt know how to manage the 3 QE market corrections, profits wiped out. then build back up slowly. then wiped out again. now building up slowly. pening..
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I dont know about you.. try to bet more amount and bet less counters. Only bet those that you have >70% confident winning ability. If you are not sure, or dont know refuse the bet. wink.gif

Stock trading is like poker.. you don't have to bet at every hand you are dealt with, you can always choose to raise or fold. icon_rolleyes.gif

Different people, different style.

In 2013 i made less than 10 buy/sell trades... tongue.gif ( Sorry mr remisier... laugh.gif )

This post has been edited by gark: Oct 24 2013, 10:34 AM
gark
post Oct 24 2013, 10:35 AM

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QUOTE(lambethwalk @ Oct 24 2013, 10:33 AM)
haha.. okok... don't know how to play poker. but understand the raise/fold elements tq  biggrin.gif
*
Go play during CNY, so you can learn to count your odds before you place your bets.

5 card or texas hold em is good.
gark
post Oct 24 2013, 10:37 AM

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QUOTE(Boon3 @ Oct 24 2013, 10:35 AM)
Ahh... this thing I will tell you...

It's really not easy to win 9 out 10.

whistling.gif

For many, although they will not admit it, winning 5 out 10 is also difficult.

And yes, I would agree with you, it's very important to bet on stocks that favours the better.
For me, the upside potential has got to be there.
The stock must stand a good chance to be a one or two bagger.
Those with 10% or 20% upside potential, usually I pass.
Not worth my time. tongue.gif
*
9 out of 10 is just an example... WB record is 6 out of 10... but his few bets he made really boosted his wealth... tongue.gif

For me upside of 30% p.a. is good enough.. to make a bet as long as the valuation is good.. ie the downside is capped. I more focus on protect my money rather than try to earn maximum;)

This post has been edited by gark: Oct 24 2013, 10:39 AM
gark
post Oct 24 2013, 10:40 AM

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QUOTE(Boon3 @ Oct 24 2013, 10:38 AM)
The ability to say PASS (ie no bet) when you are dealt a hand, is important. smile.gif

Take the GP case now.

It's quite simple really.

You don't have to place the bet.

You don't like what you see just say I PASS.  smile.gif
*
Yeh you are correct, don't have to shoot at every deer that is in your sights, shoot the one you most likely to 'kena'.. laugh.gif
gark
post Oct 24 2013, 10:40 AM

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QUOTE(Boon3 @ Oct 24 2013, 10:39 AM)
laugh.gif

Teach broken ah?
*
Broken meh... I find the ability to count the odds and place bets accordingly is really useful for stock investment. tongue.gif
gark
post Oct 24 2013, 10:46 AM

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QUOTE(Boon3 @ Oct 24 2013, 10:44 AM)
Of course useful... BUT.... it seduces one into the dark side. tongue.gif
*
The dark side is good... thumbup.gif
gark
post Oct 24 2013, 10:59 AM

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QUOTE(felixmask @ Oct 24 2013, 10:56 AM)
any way to sign of bullish ? so we can kena the stock..
*
Want to kill deer? Dont use rifle.. use machine gun. tongue.gif
gark
post Nov 4 2013, 10:43 AM

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QUOTE(Boon3 @ Oct 29 2013, 03:11 PM)
Good stock on good run.  thumbup.gif

gark got recommend when I think about 52 sen.  biggrin.gif
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thumbup.gif thumbup.gif thumbup.gif

Just back from vacation... tongue.gif

I can sense storm clouds coming.... sweat.gif

This post has been edited by gark: Nov 4 2013, 10:44 AM
gark
post Nov 4 2013, 11:28 AM

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QUOTE(felixmask @ Nov 4 2013, 11:26 AM)
That monsoon...KL also frequent raining.

How the Hanoi ?
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Did not go to hanoi leh... tongue.gif

Hanoi look for Pinkspider
gark
post Nov 4 2013, 12:56 PM

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QUOTE(lambethwalk @ Nov 4 2013, 11:30 AM)
welcome back gark smile.gif

some even said you were climbing mt kilimanjaro.
*
went to eat this...

» Click to show Spoiler - click again to hide... «


Gotta love oo-toro... practically melt in mouth drool.gif missing it already wub.gif

This post has been edited by gark: Nov 4 2013, 01:02 PM

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