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 Bursa Trader V4

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gark
post Apr 22 2014, 11:17 AM

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QUOTE(Pink Spider @ Apr 22 2014, 11:15 AM)
Jupiter trading idea...buy Bursa...3-month TP RM8.50

Just bought in at 7.67...see Jupiter got lead me to Holland or not biggrin.gif
*
err what happen to dividend investing?

err what happen to concentrated portfolio?

err what happen to fundamental analysis.. the PER how much?

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


This post has been edited by gark: Apr 22 2014, 11:18 AM
gark
post Apr 22 2014, 11:22 AM

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QUOTE(Pink Spider @ Apr 22 2014, 11:21 AM)
Buy decision based on:
60% TA
40% FA (Bursa can also be considered a divvy stock rolleyes.gif )

tongue.gif

I dumped Nestle blush.gif
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Lol play TA and FA jor.... Pinky grow up liao...

Hope you get your KFC.. thumbup.gif

Nestle..? Super steady long time divvy growth stock wor... hmm.gif

This post has been edited by gark: Apr 22 2014, 11:23 AM
gark
post Apr 22 2014, 12:57 PM

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QUOTE(Pink Spider @ Apr 22 2014, 11:45 AM)
I whole morning no work jor, just settled down at another work desk yawn.gif

cos yesterday downpour my office window panes and ceiling board leak water in til my dept flooded...my work desk electrical sockets all koyak...rooftop water drainage failure doh.gif

My bos standing in front of me when I key in buy order just now sweat.gif
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Quick tell me which construction company you are from.. make sure will not buy house/apartment/office/shop constructed by them.. tongue.gif

This post has been edited by gark: Apr 22 2014, 12:57 PM
gark
post Apr 22 2014, 01:01 PM

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QUOTE(Pink Spider @ Apr 22 2014, 12:58 PM)
The office building where we are based were not built by us shakehead.gif
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Still you gotta think how bad this reflects on a construction company... if your customer come... tongue.gif
gark
post Apr 22 2014, 01:03 PM

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Wheeeee.. today all my stocks all going down the hill.. down the hill... hahahahaha laugh.gif

This post has been edited by gark: Apr 22 2014, 01:03 PM
gark
post Apr 22 2014, 01:11 PM

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QUOTE(felixmask @ Apr 22 2014, 11:42 AM)
must monitor everyday ? ur boss dont spot check you! Doing work and full time monitor stockĀ  tongue.gif
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LOL .. the higher you go, the less actual work you have to do one....

All you need to let your 'mah chai' sort everything out and you only check the end result.. tongue.gif

They pay you not to work, but to think....

... for solution, for excuse, for assigning the blame & for making bad results look better. laugh.gif

You don't believe? Look at your boss..... brows.gif

This post has been edited by gark: Apr 22 2014, 01:13 PM
gark
post Apr 22 2014, 01:12 PM

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QUOTE(andrekua2 @ Apr 22 2014, 01:05 PM)
INARI green wor  rolleyes.gif
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ceh 2 sen only... tongue.gif others all red... rclxms.gif
gark
post Apr 22 2014, 01:15 PM

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QUOTE(andrekua2 @ Apr 22 2014, 01:13 PM)
Gark need an auditor liao...
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Don't audit me.. icon_question.gif
gark
post Apr 22 2014, 01:18 PM

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QUOTE(Pink Spider @ Apr 22 2014, 01:16 PM)
^
big balls oops I mean boss talkin' rolleyes.gif
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I am not boss... tongue.gif I am in mah chai category...

Look at your GM / boss.. got such features or not? tongue.gif

This post has been edited by gark: Apr 22 2014, 01:19 PM
gark
post Apr 22 2014, 02:07 PM

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QUOTE(foofoosasa @ Apr 22 2014, 01:58 PM)
Can someone just me to buy something?
I got extra cash  icon_question.gif
Please help sifu sekalian
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CSL.. trust the dead chinaman... rolleyes.gif
gark
post Apr 22 2014, 02:44 PM

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QUOTE(tstan8_8 @ Apr 22 2014, 02:38 PM)
XDL or CSL?

Both chart look terrible shocking.gif
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Ask Ah boon.. rolleyes.gif
gark
post Apr 22 2014, 04:34 PM

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QUOTE(andrekua2 @ Apr 22 2014, 04:30 PM)
No Chinaman, you think where to find USD5xx steel wor...
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All these China and India made 'stainless' steel i use until cough blood... now no longer want to use... already...

All the composition fake one. No quality... tongue.gif

Mild steel... eem still ok lah... sweat.gif

This post has been edited by gark: Apr 22 2014, 04:35 PM
gark
post Apr 22 2014, 04:40 PM

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QUOTE(Boon3 @ Apr 22 2014, 04:34 PM)
Ask me go eat I scream?  rclxm9.gif
I read CSL's fire burned most of the financial records......  laugh.gif  laugh.gif  laugh.gif

and they now have a CEO!  laugh.gif  laugh.gif  laugh.gif  laugh.gif
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Auditor say all records gone, unrecoverable, cannot issue quarter report.. fantastic eh? brows.gif

QUOTE
The Company’s auditors, Messrs RT LLP had communicated the following statements in their Audit Summary Memorandum for the financial year ended 31 December 2013:

ā€œAs a result of the fire incident, we are unable to proceed with their planned schedule to obtain walk-in bank confirmations, sight of fixed assets, as well as complete our audit fieldwork for the PRC subsidiaries. The aforementioned procedures are crucial for us to issue an audit opinion on the Group’s financial statements for the financial year ended 31 December 2013.

As at the date of this memorandum, management has not been able to provide us with the post balance sheet financial information and make the necessary arrangements to fulfil the aforementioned procedures as the financial records and company legal stamps that were stored in the administration office were destroyed by the fire as advised by management.ā€


But then hor... still got people buy the shares like nothing happened... hmm.gif
gark
post Apr 22 2014, 04:44 PM

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QUOTE(andrekua2 @ Apr 22 2014, 04:40 PM)
No fake stainless steel composition. Its just a case of different grades. You should ask what you are buying and do research. Just like stock market.

Am I wrong?

304 also stainless steel, 316 also stainless steel... 410 also stainless steel.

Which you want leh?
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I use mostly 304L & 316L plate & seamless pipe

Basically the corrosion resistance is not as good as the 'real' stainless steel, imagine 316L got rust spot emerging after several days in the rain, test with magnet all fail.... doh.gif

i suspect the Cr%, Ni% & Mo% is being reduced in the composition... thats why it is cheap. tongue.gif

Now only use better quality ones, pay higher prices, all problems solved. wink.gif

This post has been edited by gark: Apr 22 2014, 04:50 PM
gark
post Apr 22 2014, 05:14 PM

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QUOTE(andrekua2 @ Apr 22 2014, 04:54 PM)
Are you really sure you dont know what is wrong with China or India stainless steel?
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so what is wrong...? you tell me, cause you steel trader. tongue.gif
gark
post Apr 22 2014, 06:51 PM

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QUOTE(andrekua2 @ Apr 22 2014, 06:28 PM)
Steel trader wouldn't care about steel qualities differences nor about the impurities in the steel. How would I know the answer?

The answer lies with uncle Google.
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You sell things must know the quality mah..? rolleyes.gif

Or not as long can sell kasi hantam itu bugger only ah? laugh.gif

If for standard austinistic stainless steel, i know the % of Cr,Mn,Mo, but is the manufacturer QC following it is another question... tongue.gif

Anyway enough OT ... tongue.gif

This post has been edited by gark: Apr 22 2014, 06:52 PM
gark
post Apr 22 2014, 07:21 PM

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QUOTE(andrekua2 @ Apr 22 2014, 07:03 PM)
Well, unless its your first time using materials from China, then you would roughly have an idea what you are dealing with.

I wouldn't call it fake, but there are certain production related problems ie. in the uniformity of the chemical composition across the whole piece of material, metal substitution especially with stainless steel, impurities removal and so on.

For us, its quite simple. Its stainless steel, we provide you with the mill cert and thats it.

We are not mills, and we do not have the manpower nor equipment to test its actual properties.

If stainless steel also cannot resist, then time for Incoloy or Inconel.
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Now i use nippon steel.. no problems. laugh.gif
gark
post Apr 23 2014, 01:44 PM

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QUOTE(andrekua2 @ Apr 22 2014, 07:23 PM)
What did you do in Indonesia? O&G?

BTW, we bought from few suppliers. Mostly from POSCO and SANYO.

Japanese are usually well-packed and smooth finish compared to rough turned by POSCO.
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Chemical plant projects ... so corrosion resistance is very important to us.. our piping and machine built need to last minimum 20 years. wink.gif

Posco used to be good as made in korea until they start to built plants all over the world, including china. rolleyes.gif

This post has been edited by gark: Apr 23 2014, 01:47 PM
gark
post Apr 23 2014, 01:45 PM

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QUOTE(Pink Spider @ Apr 23 2014, 09:02 AM)
Cash heavy now...need to look for some acquisitions sad.gif
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CSL... brows.gif
gark
post Apr 23 2014, 01:49 PM

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QUOTE(Pink Spider @ Apr 23 2014, 01:47 PM)
Chua Soi Lek@Chai CD? tongue.gif
*
U noticed or not REITs is starting to run up... against the current poor stock sentiments. whistling.gif

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