I agree with Spring gor.

And chart wise, it's attempting ti breakout from its current downtrend, actually looking nice.

Current downtrend understandable if you take into consideration Spring's comments.

If any major restructuring happens to MAS, then logicaly, Bra's current juicy contract with MAS would be in jeopardy.

hehe...

when I look at the chart...
that song....
the song from that cartoon movie....
err...

let it fall.. let it fall.... let fall...........

Past 2 quarters, profits have been really poor.

If you ask me.... looks like the chart is spot on for the time being.....

I would stay away....

Coma already laaaaa.................................

hehehe...... coma action....




lariiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiik

heheheeeee

Sorry for slow mo reply...
before I start my long reply...
please la...
no seafood here and there la...
seafood for eating only.
ok?


I could be wrong but it seams you like to trade stocks from bottom up.
I guess perhaps it's natural....
or perhaps you were taught this way...
... that is... when you buy stocks at the 'bottom'...
there is a sense of 'safety'....
ie... the stock HAD already fallen....
so... it should be safe.... much safer to chase a stock and only to see the stock fall 'big' time after you buy....

the problem here....
is that you are TRADING and not INVESTING.

from the investing point of view...
every time the stock falls...
it means the investor is getting the stock more cheaper...
and more cheaper means more value.....
so if the investor buys the stock and the stock falls more...
it means the investor is getting an even better deal....

however.... traders should not follow such approach.
Traders are not looking at value when they trade...
they just want to buy and sell for the profit.

now when a trade enters a trade...
he/she is betting that the trade will make them xy profit.
what happens once the trade is made... and the stock does not go up but down?
it means only one thing...
the trader made a MISTAKE...ie a WRONG bet.

If the trader buys again... at a lower price....
what exactly is the trader doing?

Answer? Buying more of their WRONG bet.
Yup. Instead of admitting to their initial mistake, they are increasing their bet on their earlier bet.

Is this wise?

Ok so far?

Now how would you describe today's stock market in general?
ie current stock market?

It's a BULL market.

remember this for a moment...

back to earlier today.... questions were asked on Supermax.

The market in general...
is moving higher....
but Supermax isn't.

It is moving lower.

It's a massive counter trend.

Why?

Instead of profits growing,the last two quarters profits were declining rather badly.

Market sees the problem and understands the problem.

Remember Supermax and other glove makers were very aggressive with their capex...
A lot of money spent...
millions and millions...

instead of making more money....
company is making less and less....

hence...

the stock is being sold down...

for a very good reason.

Now if you are a trader.... should you bet on such a declining stock?

Me? My answer is no.

For I cannot see any near term catalyst that would seduce the investor to buy the stock.

Now if the investor doesn't buy the stock... what is the trader doing by buying the stock?
trading it for the dead cat bounce?

It's a no for me.

Now DRB....

Like Supermax.... the stock is moving against the general market trend.

For you... what is important is .... you need to find out WHY first.... before you enter a trade....

remember the general main trend for the stock is..... down.....




errr... so how?

I dunno and since I am not an investment adviser, I have no advice to offer you.

Ok?

This post has been edited by Boon3: Jun 12 2014, 11:10 PM

starwai stock exchange

DRB's chart..





Now DRB 'may' be confusing.

Apparently if you were to believe in headline news, you might be wondering why the stock is so weak when earnings is said to be booimg.

http://www.thestar.com.my/Business/Busines...ofit-up-136pct/

However, if you read 'another' article... you would realise the one time gain from disposal of its insurance business helped boost profits.

http://www.thestar.com.my/Business/Busines...Hicom-earnings/

You can read HLIB report summary...

http://klse.i3investor.com/blogs/hleresearch/53355.jsp

This is Feb write from Amsecurities... (Operating performance deteriorates sharply!)

http://klse.i3investor.com/blogs/amresearch/47472.jsp

Which means... a second consecutive quarter of poor earnings.

Yes, DRB is always gonna be a different animal.

The so called value within the company is there... no doubt.

But, sadly as a company, it just cannot churn out profit to seduce investors.

Again, question is simple...
if the investing people in the market cannot find it attractive, then what business has the trader in the stock?

Coma laaaa.......

shhh.....................................................

shhhhh..............


this one.... I think scared of noises one.


Somemore.... today.... tonight........ full moon...... friday the 13th somemore....... woooo..... scared.

http://www.vox.com/2014/6/12/5801196/tomor...nt-happen-again

Money can't buy you moon.

I surrender.... you win.

Cos coma status.

Yeah, sure can..

Try to trade stocks which has positove catalysts.

hehehe.... like earning more money.

That's a good catalyst.

Learn to keep the goreng OUT of your mindset.

You will never be good if you keep thinking goreng.

First thing first.

Why do stocks go up? Profits. Companies makes more and more money.
Why do stocks go down? Poor profits or losses.

That's the main reason.

Then you have of course, stocks going up because the company is acquiring another company.

Which also goes back to profits. After the acquisition, the company via the acquisition will become a bigger company.
Which means the company, will now be a bigger company and will make more money.

Or company wins a big contract, which also means the company makes more profit.

And this is what investors or buyers seek in general.

They want a better company.

Stocks that go down and down and down for years.

Why?

The company is lousy.

Always losing money.

And what do investors scared of?

They do not want to face the prospect of their investment going kaput.

That's why they sell or refuse to invest in such companies!

Won't it be crazy and stupid to be an investor in a lousy company?

That's why the stock is so cheap and is usually down for many years.

Ok.. sometimes, these lousy companies... they go the goreng way.

They fry the stock.

Enough said.

I actually explained to you specifically on PDZ.

post #847

I copy here again



Maybe my England no good.

Let me try again.

PDZ is really a poor (ie LOUSY) company.

It usually lose money.

Which is why the share price WAS so cheap few months back.

Then speculation on the stock.

Stock was GORENG up.

A new shareholder came in... ie PELABURAN MARA.

Soon came this acquisition proposal.

The problem is this company, Efogen is not making hell a lot money.

Only less than 11.7 million.

Which is peanuts....

Which is where we are right now..........

Not much catalyst or seduction for one to invest or trade the stock.

And this is why, the stock is drifting lower and lower.



This advice I can give to you.

If you want to develop into a good trader...... STOP looking for short term profit.
Trading for a 10% income will lead you to hell!

Sorry for the blunt advice.

Let me try explain a little.

When you set yourself such a meaningless trading strategy, you are setting yourself up to lose.
It's simple mathematics really.

You win, you get only 10%.
What if you lose?
What if you make a mistake like PDZ (trust me, such mistakes will happen and happen again in the future)?
Where are you going to set your cut loss point (ie point that you finally admit that you screw up and you sell)?
If you exit at say 15 sen, how much is your losses in percentage?

Can you see that the loss percentage is more than your 'hope to win' percentage?

Does this sound right to you?

You win, your win is capped at 10%.
But if you lose, your losses is easily more than 10%.

No matter how you put it, it's not a wise game to play.

Ok, how about the long run.

Which would you think is better?

a) many small wins, few big losses
b) many small losses, few big wins

In (a), the few big losses can easily wipe out all your small wins... and losses could be so big that puts into financial troubles....

In (b), the few big wins can easily wipe out all your small losses.... and you still end up ...... huge profits.

Like I said before, in my opinion, PDZ was very much speculative due to new owner issue and the acquisition.

Will it move back again?

At this moment of time, there isn't much fundamental reasons to attract buyers based on current info available.

Being patience is important in the stock market.

HOWEVER, you have to be patience for ALL the right reasons.

You have to be patience to wait to buy the right stock.
You have to be patience to wait for that stock you bought to grow the profits for you.

What you do NOT WANT to do, is to wait and hope that the market correct your initial wrong trading entry.

If this wasn't trading, do you think TIME CAN CORRECT A MISTAKE?

A mistake is a mistake.

In trading, if you make a mistake, the only thing to do is to correct your mistake.

Holding and hoping in the future, the stock moves back up and correct your mistake is the worst thing you can do.

Own up to the mistake. Cut your position.

That said, the beginner traders will always be confused.....................

Yes, the market can be so irrational with all those goreng gang around........

Any lousy stocks with no fundamentals also can move sky high......

To play the goreng game?

Well.... it's worst than gambling.... cos your future depends more on what the cook do.

Greed is not bad.
Greed is good.

Yes, greed is good but you must know what you are doing.

You need to know fundamentals.

If you know fundamentals, then you know which trading position, you should be greedy on and what you should not.

Selling too soon just cos you afraid it will fall if you do not sell.... just only means the trader do not know what they are doing.

Buying a stock is an art itself.
Selling a stock is also an art itself.

You need to sell and buy a stock for the right reasons.
Once you do so, then all these issues will not be an issue anymore.

Yeah... sometimes.... even after the trader does everything correct, this issue will still happen to the very best traders.
Stocks can still go up higher after they sell.
It happens.
But trust me, the good traders never allow this issue to bother them.

No.

You become greedy because you know your analysis is correct.
There is a fine line, however....

sometimes many cannot draw the difference between been correct and their own emotions-filled perception.

If your analysis is correct and you know your trading concepts up , you will not have that problem.

And good traders know they will never be able to sell at the maximum prices all the time.

Read, read and read.

And then do fake (paper) trading / investing for a few years.

Never jump into the market and hope you learn from your mistakes.

To jump in and learn from your mistakes is the worst advice ever.

If you are not ready, do not play the market.

Winning the stock market is like winning a war.

Have you heard people going to war and hope to win as they learn from their mistakes in their battles?

Lose a battle, you die.

You cannot be like Tom Cruise in the Edge of Tomorrow.

There is no freaking reset button.

Same with shares.

Mistakes is money lost.

Big mistakes is big money lost.

Big, big mistakes? That can wipe you out of your money and even your underwear!

So never be foolish and accept idiotic comments like you need to pay tuition fees in the market.

Some tuition fees can literally kill you.

Study well, prepare well.... just like you are going into a real war.

Train, train, train....... do all the fake (paper) trading.

Learn your mistakes there!

It is free!!!!!!!!