One more statement he made on his blog....

"The price chart shows Mudajaya share price has been depressed for many years." ....

Debatable isn't it?

If not mistaken March 2013, Mudajaya only about 230+-
Mudajaya hit a high of 3+- by Oct....

Movement like this considered very geng for many jor.........


For me, I think misleading la his statement "The price chart shows Mudajaya share price has been depressed for many years."
He's trying to give impression that Mudajaya dead and in coma for many years.......
Trying to mislead others that Mudajaya share price very cheap (since it is depressed) ....

I also remember Mudajaya run in 2012...
didn't it run from 2.00 to 3.00?

Such run called depressed meh?



This post has been edited by Boon3: Jul 8 2014, 12:13 AM

hevea leh? hevea also not bad wor

Ah onion,

Errr.... so early meh?

Hevea is not bad also.

Bascially, you have Ah Latitude, Ah Hom and ah Hevea.

A distant fourth ... maybe Poh Huat.


These are the 'better' furniture business in my opinion.

Hevea would be a distant third in my opinion compared to Ah Lat and Ah Hom.

from a trading point of view... Hevea is a difficult stock to trade. (mentioned before )

Despite me making some money in Hevea before, I have not played it ever since.

I don't like how the stock trades...
it's what I call a very loose stock...
stock swings a fair bit going up and down...
sometimes too difficult for me to understand.......
and many times I have noted in my 555 book, my observations tends to be more WONG than right...
so I surrender...
quit while I am nicely ahead of the stock.

btw.... I think I better say this....

I am more inclined to think Ah Homer price of 160 is most likely difficult to reach.

Market doesn't want to likey furniture business.....

so take care hor..........




ps: me and ah gark talked about Ah Homer when it was around 65 sen.

it means your entry point is very low.

I remember I read somewhere around regarding investing by referring to feng shui, wood is the favoured element for this year.

Looking at how lat, homer and hevea, I was like, really?

http://www.theedgemalaysia.com/business-ne...off-market.html

PUCF and Magna Prima shares traded off-market
Business & Markets 2014
Written by Levina Lim of theedgemalaysia.com
Tuesday, 08 July 2014 09:49

KUALA LUMPUR: PUC Founder (MSC) Bhd (PUCF) saw four blocks of shares totalling 51 million shares, or a 6% equity stake, traded off-market yesterday.

According to Bloomberg data, the big chunk of shares was transacted at 11.5 sen per share, at a sharp discount of nearly 83% to yesterday’s closing price of 21 sen.

It is not known who the vendor and buyer of the shares were as there was no filing on changes in shareholders at press time.

The shares were traded in four blocks of direct off-market transactions worth RM5.87 million. Resource Holding Management Ltd, an advertising and media brokerage firm listed on the Alternative Investment Market (a sub-market of the London Stock Exchange), is the single largest shareholder with a 62.5% stake in PUCF, which is a developer of fingerprinting security system and IT solutions.

PUCF’s share price has rebounded from a low of 14 sen in late May to a nearly six-month high of 21 sen yesterday.

In the first quarter ended March 31, 2014, its net profit increased almost eightfold to RM3.63 million from RM474,000 in the previous corresponding quarter. Revenue was three times higher at RM16.58 million from RM5.41 million. Earnings per share, however, came in lower at 0.43 sen versus 0.5 sen earlier.

The sharp jump in revenue was mainly due to the consolidation of the financial results of the enlarged PUCF group after the completion of its acquisition of Red Media Asia Ltd in January.

Over at Magna Prima Bhd, some 15.07 million shares, or 4.5% equity interest, were traded in a direct off-market deal, at RM1.06 per share, worth RM16 million. The off-market transaction price was 10.4% lower than yesterday’s closing of RM1.17. The property stock jumped 24.5% from 94 sen on June 23.

There was no filing of the share transaction with Bursa Malaysia yesterday.

The property firm is in the midst of seeking a buyer for its prime tract near Jalan Ampang, Kuala Lumpur, where the Lai Meng primary school was located.

The Edge weekly reported that Magna Prima hoped to get as much as RM3,500 per sq ft for the 2.62-acre (1.06ha) land it purchased five years ago. The land sale could probably fetch at least RM360 million for the company.


This article first appeared in The Edge Financial Daily, on July 8, 2014.

Easy...

Just burn them all down and claim insurance instead. Instant millionaires.

Suckers and Lessons in Trading
Suckers

In Jesse Livermore's time, the stock market was similar to today's - it was full of suckers losing their money (and all too often other people's money too).

Livermore talked frequently about suckers. Several times he admits to actions that lost him a lot of money and which, with hindsight, he realized were the actions of a sucker.

The difference between Livermore and a real sucker, however, was that Livermore mostly admitted his mistakes and learned from them.

He recognized different grades of sucker:

First of all there's the complete beginner who knows nothing about anything and is aware of his ignorance.

Second, and more dangerous, is the semi-sucker. The semi-sucker has read books about trading - usually written by yet higher grade suckers - but he does not realize that reading books is not the same as trading experience. This type of sucker can quote all sorts of wise sayings about the operations of the stock market. He does not lose money as quickly as the beginning sucker because he has learned some of the most rudimentary trading rules. Livermore said:

"It is this semi-sucker rather than the 100 percent article who is the real all-the-year-round support of the commission houses. He lasts about three and a half years on an average, as compared with a single season of from three to thirty weeks, which is the usual Wall Street life of a first offender. He knows all the don'ts that ever fell from the oracular lips of the old stagers-excepting the principal one, which is: Don't be a sucker!"

Livermore The Sucker - Part A

It was only after going broke twice and then making much less profit in a raging bull market than he would have expected to that Livermore realized he was trading like a sucker. He was losing his profit because he was trading every day for the sake of trading. This, he realized, made him a "Wall Street Fool".

"Whenever I read the tape by the light of experience I made money, but when I made a plain fool play I had to lose. There was the huge quotation board staring me in the face, and the ticker going on and people trading and watching their tickets turn into cash or into waste paper. Of course I let the craving for excitement get the better of my judgment."

After he had learned to trade less, Jesse Livermore's profits soared.

Livermore The Sucker - Part B

Another occasion when Livermore was suckered was when he broke one of his cardinal rules - the rule that said he should think for himself rather than accepting tips from other people.

On this occasion he was steadily buying-up shares in Union Pacific when a much respected, and well-informed friend, Ed Harding, called him and told him that insiders were selling Union Pacific - and worse than that, they were selling to Livermore - Livermore was being suckered. The insiders were feeding him all the stock they could shift. Livermore's own reading of the tape was that the stock price was rising due to real demand. He told this to Harding. Harding, his friend, responded:

"I got heart disease when your orders began to come in. For the love of Mike, don't be a sucker. Get out! Right away. It's liable to bust wide open any minute. I've done my duty. Good-bye!" And he hung up.

Despite his doubts, Livermore decided to believe his friend. He sold his shares and then sold Union Pacific short at $162.

The next day Union Pacific declared a 10 percent dividend and the stock leapt to a new record high price. Livermore, realizing the information he had been given was wrong, bought Union Pacific back at $172 and $174 for a total loss of $40,000.

Livermore was philosophical about the loss. His own interpretation of the tape had been correct. Listening to a tip had been wrong. He did not hold a grudge against Ed Harding because he believed the incident had completed his education as a trader. In Livermore's view, $40,000 was, "a low price for a man to pay for not having the courage of his own convictions! It was a cheap lesson."

Livermore The Sucker - Part C

When Livermore lost much of his fortune in the cotton market he concluded that he had not just been a sucker, he had been a super-sucker. On this occasion he broke two of his cardinal rules. Firstly, he let someone else's apparently brilliant analysis of a situation influence his trading decisions; then he increased his stake in a position that was showing him a loss while selling a position that was showing him a profit.

At the beginning of his involvement with cotton and wheat, Livermore had been bearish on cotton and bullish on wheat. Accordingly, he had gone short on cotton and he had gone long on wheat. On paper, he was in profit on both positions.

And then he met Percy Thomas. Percy Thomas had a fine reputation in commodities and he persuaded Livermore that his information on cotton was all wrong. Thomas had better information and that information said cotton was going to go up. Livermore said:

"Gradually, as I began to accept his facts and figures, I began to fear I had been basing my previous position on misinformation. Of course I could not feel that way and not cover. And once I had covered because Thomas made me think I was wrong, I simply had to go long. It is the way my mind works."

Unfortunately, the price of cotton fell. Livermore sold his profitable position in wheat (a position which, had he held it, would have profited him by eight million dollars) to buy more cotton. Every day Livermore bought more cotton. In fact, he bought so much cotton that he was supporting an entire market into which the smart money was selling.

In the end, this incident did not wipe out Livermore's fortune completely, but it lost him millions. After it, in dollars, he had fewer hundreds of thousands than he'd had in millions before it.

"To learn that a man can make foolish plays for no reason whatever was a valuable lesson. It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind."

"It has always seemed to me, however, that I might have learned my lesson quite as well if the cost had been only one million. But Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill, knowing you have to pay it, no matter what the amount may be. Having learned what folly I was capable of I closed that particular incident. Percy Thomas went out of my life.

Jesse Livermore and Fundamental Analysis
The Fundamental Analyst

People sometimes make the mistake of believing that Jesse Livermore was a purely technical trader.

It's true that Jesse would try to exploit the market using his technically based tape-reading skills and it's also true he wouldn't worry too much about the reasons behind the numbers on the tape.

At other times though - as he explained in Reminiscences of a Stock Operator - he would act on his understanding of the fundamental economics of a situation.

The United State World Trade Corporation operated around the world. It owned shipping lines, coffee plantations in Guatemala, hydroelectric plants in Bolivia, banks in Peru and conducted a huge export business.

In a bear market, the public remembered that USWT's business was spread all over the world and so could divide its risks. The company continued to pay its quarterly dividend.

The bear market developed with severe declines. USWT stock descended in a leisurely manner. One day when the rest of the market showed an improvement, USWT stock suddenly fell five points on the highest volume in months.

USWT's president and directors assured the public and the press that nothing was wrong and denied rumors that the dividend would be cut.

Instead of rallying, however, the stock fell further the next day and continued falling.

Then, to a chorus of outrage, the directors announced that there would be no quarterly dividend.

Why did USWT suddenly fall?

Jesse Livermore had been analyzing the export trade and conditions in South America and the Far East and had concluded that the economic conditions were not favorable and were going to worsen.

He looked for the stock that would corroborate and justify his opinion of basic conditions. There was USWT, whose price was falling, but had not been as badly sold down as many other stocks.

He got USWT's annual reports for three years and then, when he understood the company's finances as well as the underlying conditions in every one of the company's lines of business, he sold short ten thousand shares of the stock.

He began at 110. The next morning, he read the president's statement:

"I'll tell you that there has been no talk whatever about it, and no desire or intention of either reducing or passing the next dividend. I hope we may never have to do that."

This had the effect of making Livermore sell short another ten thousand shares, and the price broke so badly that he was encouraged to put out an additional short line of ten thousand shares on the third day.

Now the share price had fallen to the 80s. There was no inside support to speak of, and the room-traders on the floor saw it and sold so recklessly that the stock had a good rally on their covering.

Then came the last grand drive, at the opening, on the day after the directors' meeting. Livermore took advantage of the big collapse to cover his shorts at a little above 60. He commented:

"I made a killing on that stock. I didn't need any inside tip."

"And the beauty of it is that Wall Street accused the directors of speculating in their own shares. Do you remember the shriek the newspapers let out when the stock broke after the president came out with a statement that they were not going to pass the dividend? They did not know it was your selling. I happen to know that the decision to pass the dividend was not reached by the directors until two minutes before they took a vote on it."

"Well," said Livermore, "I reached it for them two weeks before they voted... I knew they must [pass the dividend]. I knew they must; if not this time, three months later."



This post has been edited by Boon3: Jul 8 2014, 11:36 AM

Trading vs Investing


We can divide people's stock market activities neatly into two separate disciplines - trading and investing.

Starting with a few dollars, Jesse Livermore became one of the world's richest men by trading (or speculation as he called it). He bought stocks with a view to selling them for a capital profit. He had no intention of obtaining an income from dividends or holding on to stocks for the long term: this is investing.

One of the big dangers in stock trading, he said, is when a trade goes wrong and the trader decides to hold a stock until things "come right." In doing so, the trader breaks one of the cardinal rules of successful trading, which is:
Don't become an Involuntary Investor


"How often have you heard an investor say: 'I don't have to worry about fluctuations or margin calls? I never speculate. When I buy stocks, I buy them for an investment, and if they go down, eventually they will come back.'"

However, Livermore says, "It would be simple to run down the list of hundreds of stocks which, in my time, have been considered gilt-edge investments, and which today are worth little or nothing. Thus, great investments tumble, and with them the fortunes of so-called investors..."

Livermore liked to remind people that there is nothing new in Wall Street. Whatever happens in the stock market today has happened before and will happen again. A large number of modern-day investors will certainly nod their heads ruefully when reading his thoughts from the 1920s on great investments tumbling.

In Livermore's opinion, investing using a buy and hold strategy was a bigger gamble than trading.

Buy and hold investors, he said, "make a bet, stay with it, and if it goes wrong, they lose it all."

A trader, on the other hand, might buy the same stock at the same time as the investor. "But if he is an intelligent speculator, he will recognize - if he keeps records - the danger signal warning him all is not well. He will, by acting promptly, hold his losses to a minimum and await a more favourable opportunity to re-enter the market."

Of course, a stubborn-minded buy and hold investor might sleep more easily in bed at night than a more active trader. Even though his stocks are performing poorly, he has an (often misplaced) unshakeable certainly that they will one day make him a good profit.

Traders, however, are under no such illusions and take a more active interest in their holdings. They are therefore at greater risk of being attacked by what Livermore described as the trader's natural foes - no, not faith, hope and charity - but greed, hope and fear.

Livermore's views on hope and fear lie at the heart of successful trading. He describes how traders fail when they allow hope of recovery to prevent them cutting their losses. They fail when fear of losing a small profit causes them to sell prematurely, when more profit would have been available if only they had the nerve to stick with the trend.

"The speculator's chief enemies are always boring from within. It is inseparable from human nature to hope and to fear. In speculation, when the market goes against you, you hope that every day will be the last day-and you lose more than you should had you not listened to hope...

"And when the market goes your way you become fearful that the next day will take away your profit, and you get out-too soon. Fear keeps you from making as much money as you ought to. The successful trader has to fight these two deep-seated instincts. He has to reverse what you might call his natural impulses.

"Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit."

Is Trading for You?

If you can trade intelligently and control your emotions during trades, you have a good chance of success. If you can't, you'll almost certainly fail and you would be advised to avoid trading altogether.

I'm a sucker and I admit that I'm.

Ok, I'll shut up now and go do paper trading.

And thanks again boon3 for sharing. Appreciate it.

This post has been edited by billy_overheat: Jul 8 2014, 12:21 PM

Furniture business tak laku in Malaysia?

How come those furniture like dont move ....

So early wake up already...?

so early? lol

market trend had changed....

earn pocket money must need to learn hold.....

Thread posting trend also changed!

3 postings and counting..... in ONE day!!!!!




So got 3 tipsy for me or not?

hahahaha

one people taught me.... he earn millions from the market.....

need to pull handbrake

when the right time ... bang more lo

wahahaha!!!!!

now into market timing meh?





I trade less one ...
so when I do trade, I sure bang bang more one....

Got so much timing hor......

1. Price timing
2. Time timing
3. Chart timing
4. Trend timing
5. Shark timing
6. Car timing

Which timing master are you?

Car Timing belt.