Well normally in this situation my quick thought is at Warren Buffett who loves to buy at downtrend. Though of course i don't practice this.

Haha Censof, i have zero trades in it. ! But if you notice my previous post, i would sell it at ~0.65 already. Purely based on TA

Can I try answer?
Based on FA, any price should be ok as it cash is a lot, good DY, good EPS, good management.But the lower you buy, the higher the margin of safety.
So the suitable price should be anything less than 0.8.

For TA, I see 0.75 to 0.76 is a strong support. Nevertheless, as u say support and resistance is created to be broken. hahaha.

So conclusion is, neither use of TA or FA will earn u money when the MA(market analysis) is bad.

So how come you bought above 80 sen?

Did you see how low the stock went?

The point is, you can throw all the MOS stuff, etc etc etc.....
but in a falling market, the market will ignore everything....
and true enough, the stock fell below 70 sen.

Will MOS help you buy at a better price?

In my opinion, NO.

It's always a NO for me.

A stock can always be valuable...
but when everyone is throwing the stock down....
the fundamental and the MOS goes out of the window...
and the stock will trade lower.

Stock buying is like hunting.
You need to be patient before you go in for the kill.
Remember, a wounded animal does not mean it's a 100% easy kill.
Just like stocks... a cheap stock does not mean it's a 100% easy win.
Be patience....

Why people like to compare with Warren Buffett?

You are not he and he is not you.
The market he plays is not the market you play.



Censof... you don't have? Not the warrants?
Never mind...
It's a good lesson there... even if you do not have any trades.
...well only if you are interested anyway.

Rest better la, talk too much also no use, lol. Sudah go test test at EFORCE, mati juga, lol, though a bit naive of me just to based solely on PE

With my shallow FA, i just see is the PE still below average. And other conditions ok like balance sheet ka, cash/debt ka etc only lo then can start to hunt (this is where i hunt EFORCE too early being still in the bull market, mana tahu correction so fast)

TA leh, the so call support at 0.85 (resistance turned into support) after its breakout didn't even try to support in the next retracement =.=". for one who enter, can consider to cut quickly lo. 0.75 also pecah, though got at least some tests on there for few days, then continue retrace. So for me in TA wise, still can wait lo.

Compare price, FA = good bargain. TA = can't even close above 0.75 yet

In future leh, this similiar situation happens to me quite a many of times. When fall, i don't buy it quickly bounce (like back in Homeritz, it falls to 0.78 after the consolidation, then poof it goes to break the 0.85). When i go buy, support broke. (so this is where if you're wrong have to cut quickly lo). FA still lost ba

As i mentioned earlier, market is suddenly news driven. So i can see some panic sells, and once it ensues, apa support pun tarak eh

Few groups of stock i noticed dropped a lot lo ~30% (midcap) o/g ka, property ka, tech ka. But resilient ones would be telecommunication (axiata)

Reverse? Those good stocks (FA wise) that dropped a lot would reverse a lot too lo

K la time to go back into cave

Rest of the world flying while Malaysia rests...

Aiyo in investment, he's famous ma, so is "normal" to try to follow him, no?

I'm learning FA ma, so ma try try to model him lo. Though i read more bout Jesse than him la, lol

Censof don't have looo, never try this pattern before (downtrend fan) hence sharing here lo. I don't trade warrants eh atm. Lol

Censof?

If you don't see it.... LOL! ... never mind.

Always like this one, isn't it?

Haha, support 0.47 ka?

Never mind......

Haha, kuai kuai shu shu ni

seems like the market forgotten all the bad news..

This is just a simple example of the RISK involved with a stock that gives away free warrant (warrants that has extreme high exercise prices).

You do not notice Censof seems to sink further and further despite other stocks 'recovering'?

And to add more salt, Censoft already has a WA, which means it now have WA and WB.

See how WA went into a drastic tailspin the moment WB was listed?

See?

These are the small little stuff you need to observe.....
yup, be humble and watch the market....
listen to what the market is saying.....

im newbie, what i learn from the correction is, it went up so fast. so missed the chance to catch anything. dont even know which stock to buy

also bursa tend to follow us market. and china market

also falling of oil price also affect bursa

so please advice for first stock to buy

KLCI still in downtrend, buy only after KLCI first stand above 1800 then above ~1820-1830 before the market turn to uptrend. IMHO, just wait

the day WB listed is on 15th right? That's the day a lot of stocks also drop including its mother. So i thought WA drop ( i assume tailspin means drop a lot? ) because its mother drop a lot too.

Of course i agree market is always the taikor

it's like a paradox leh. what you saying there is no sure way to earn money like that

you buy it when you think it's low and it's good for both growth and dividend and it it's still fall, your dividend yield is not able to cover you loss, so it's still a lost

then comes another 2nd situation: you still hold your cash well and wait for further support to be broken but however it bounce back

so the only thing i can think of is that take inari for example. closes 2.05 at thursday, doji formed, reversal signal to buy? ok a clear cut that was a resistance broken from it if you look at 1-year chart so many will assume it's a support level, will it hold or waiting for another downfall? note: somebody just said 2.70 as it's intrinsic price note2: euro zone were in big trouble as all bad news were flying around

and there comes the the dow beating the bear. next day. it traded in a gap up. so if you mentioned that support level is not a target price to buy, what you mean is to wait to break it's support only to buy?

the next question to us that, what happens if US energy report turns out to be bad? it will be another blow to inari and other KLSE stocks as well

This post has been edited by spring onion: Oct 22 2014, 03:07 PM

really a paradox mehhhh?



Maybe I bad expressing my views....


Btw.... have you wonder why and when we come into such paradoxes?

probably each of us has different target prices on every stocks

your intrinsic value of inari maybe valued at 2.70

for me? Rm2

slower growth of electronics sector are coming soon btw