To celebrate the opening of new thread... must give tips lah.



You need to ring bell loud loud la.
That magika dunno holidaying where jor!

Wah big money come for Chef Long jor!
houyeahhhh!

Me got nothing much to introduce leh.

Where is taikor Ah Tan?

Daytime cannot talk ....

2012 is ok for me.
Hope to do better this year.

No collar lah..
That was just a saying... daytime no can talk ... Hantu.

7 early 8 early let Chef tailou hold!

Yea, we are all different. Me is a still basically a trader.

How about a 7 early 8 early rant from me?

Not to say that passive income is unimportant but I think the way people invest just for dividends is badly abused here.
Investing for dividends is not a bad concept but in the stock market, investors should never forget that stock itself is not a constant.
The stock can move up or down in price.
Meaning to say that despite a stock giving out 'good' dividends can still go down in price.
One can actually 'lose' money despite collecting their dividends.
Best real example, of course is no other than Panamy.
Remember those SCARY cheer leading calls to buy/invest Panamy for its SPECIAL dividends last year? IIRM Panamy was around 22 or 23 then.
Panamy only paid 1.20 in dividends for calender year 2012.
Panamy now trades at how much?
How much dividends did Panamy gave out in calender year 2011?
Why so much less?
Did anyone here at Lowyat mention this issue or is the company paying less dividends acceptable?
Look in the Panamy thread.
I remeber seeing one posting declaring "Dividends FTW! "
Does the poster know that Panamy gave out much less dividends last year?

ciahcra: Happy New Year to you too!

And as usual, many thanks for your contribution.

I opinion that fundamental understanding is needed for a stock like Sendai.
Stock had performed like *** since its debut and its earnings performance has been lackluster too.
I think the problem lies in the fact that not many understand what this company do or what this company is all about.
I am no exception.
I always regarded this as a steel stock but my friend corrected me and said that this should be a construction stock but then recently I read that Eversendai is venturing into Oil and Gas.
Very confusing.

Why trading must have a time frame limit one?
Isn't this like playing with a handicap?

Why no patience?

Just pulling your leg la!



I have known one good hitter.
Anyone can develop their own system.
And most of the time the system will work.
However, the biggest key really is understanding in the markets there exists musim.
And if the musim (season la. ) is not ngam. no matter how geng the the system is, the results can be disastrous.
Knowing the musim and knowing how important to sit it out is important.

I am a terrible hitter.
That is why I need time on my side and not having time work against me.

This post has been edited by Boon3: Jan 10 2013, 08:27 AM

Don't have to be a superstar all the time la.
I know I tak boleh but if you can, good for you.

Some stocks, you can just let it sit and watch it grow.
Remeber Redtone?
I still have.

Welkom Eugene!

Eugene: This is a new bird.
Listed not too long ago.
The chart looks like it is going sideways only and a sideways chart could go sideways for a long time.
And sometimes despite the 'lesser' risk it offers, holding on a stock going sideways can be really frustrating because one is like waiting forever and ever for the action to begin and a lesser patience stock player could sellout in frustration from all the waiting.

From a fundamental point of view, the sideways movement makes sense since it's a 'new' stock and the current price does not offer any incentive (based on fundamentals) for one to purchase cos there isn't much earnings data for anyone to make an intelligent guess if this stock would be a good investment or an lemon.

However, it's a 'cheap' penny stock and 'many' would just collect the stock based on this 'cheap' factor alone.

ciahcra: I see Sendai with positive news last night.

Ah Lam is trending very strongly on the back of positive set of news.
1.10 is definitely reachable but question is 'when'.

However, I suggest you to consider Chef Long's advice.
Buying now at 0.90 it's gonna have its risks.
It's not an ideal entry point from a trader's perspective.

One question for you to consider.
If you had gone in at 0.90, what's your cut-loss point (if bad luck happens and this trade turns sour) ?

Yes, I am also surprised of the 'weak' response to the news.

Ahem!

Chef Kuey!



How's your trading so far?

Chef Kuey!

Good morning Ah Tan.
How are you?