Open more trading accounts lor.....

All these years, I have not focused on the CI and instead I focus only on the stocks that interests me.
There's a saying.... watch the tree and not the forest. (something like this.. )

having said that, I have been saying for sometime already...
most of the (good) stocks are more than fairly priced....
not say overly expensive but then it's neither cheap either.

not sure if that helps.

You buys stock based on what ?

TA or FA or TIPS

  apa stock...u looking ??

That's a possibility which is why stock selection is utmost crucial now. 

Anyway whether you are an investor or a trader, know exactly where you are in the stock.
Once the reason isn't validated anymore, never ever cling on it and hope the market will correct your poor initial stock decision.  

Nice that you share.

sometimes.... 'sometimes'...
there is the risk here......

for the stock to be really fundamentally good (backed by FA)....
quite rarely you find it at a bargain.....
cos....
the market would most likely priced the stock higher (hence no bargain) and more likely during a bull market (this is a bull market, ya?)

which means....
for the stock to be at a bargain....
quite often....
the market is pricing the stock much, much cheaper because of the risk involved in the stock....
Quite often the market can be right.... and the stock will then trade even lower....
sometimes market is wrong.... and you will pick yourself a gem.

this is why many a traders do not like to be in such a stock IN A BULL MARKET
Traders trade a position because the odds are in their favor and the risks minimized....

unless of course.....
in a totally bearish markets....
where stocks are all priced cheap, cheap cos of market fear......
fundamentals are totally ignored......
are we in such a market (yet)?
I do not think so........

therefor...
do watch out for all those in bargain...
as usual....
not all cheap things are good......

No views on Kenanga.

These type if stocks...
you need good source of corporate info....
which is something I avoid.... 

so.... no views lor...

   

see... it's like this...

as you know.....
these type of stuff...
can be very frustrating one....

sometimes .... you .... HAVE TO .......... wait long long....
and after wait long long....
the deal may or may not happen... 

and even if it happens...
must pray hard hard the deal is in your favor....

me?

I got no such skill to pick such stocks...
and lack of patience too...

it's like my gambling ticket...
must pray hard hard for it to profit..... 

conclusion?
me no likey.

Not so easy one...

It's a shark market... which means... charts can be easily made..................................... 

The poison is working.......................... LOL!

Think about it ya....

Yes, people do make charts...
but for those instances.... do you really want to play the stock to their merry chart making? 

then think about the other possibilities...
where events make the charts...
such as stronger profits, expectation of stronger profits caused by corporate events etc etc....
such events do make the charts happen (best case again IQGroup - chart was literally loose and dead before the strong profits was posted - new era .... )
sometimes... we can find opportunity here..... via fundamentals...
the charts might not foresee such events....
yes, events/news do make charts too..... LOL!

So which are you going to be comfortable with?
Which stock play is gonna be more meaningful?
The profit thingee makes sense doesn't it?
Company makes more money, people buy their shares, shares go up.
This is how it should be.
Surely, you do not want to play shares the other way around, where sharks play the shares, you join in.... LOL!

The multiple by 4 thingee...
Most of the time, I prefer using the CURRENT EPS (ie MOST RECENT 4 QUARTERS aka TRAILING EPS)...
You use annualise when there is a sharp increase in EPS...

for example IQGroup again....
hehe... use this one since I have the screenshot posted already...



If I use CURRENT eps, I would be adding 8.78+0.54+2.91+7.95....
I will get an eps of around 20.18 sen.
But ....
judging from the balance sheet and the cash flow, I feel the turnaround is real (sometimes, like chart reading, I can make error here in our judgement - hehe .. this is why stocks is fun. LOL!)....
so therefore, I would annualise it by multiplying the latest eps by 4, ie 8.78 x 4 = 35.12 sen eps.

This is where I make reasoning.
Potential eps of 35 sen.
company's share base very, very small....
net cash company - holding 20million cash....
consumer product - lighting sensors (in a relatively still hot property market, potential is there, right? plus it exports too!)

adding it up... and then I compare to the price THE OTHER DAY at 1.40+....
the conclusion is a why not.... LOL!

And then look at the chart....
stock volume picked up very strongly and with a solid gap up....

and then lending weight, there was NEWS coverage...
RHB chipped into with a research report (though the estimates were way, way too conservative)....

See how all the ingredients fell into place? 

In a general sense, such move is 'usually' positive cos it means the director has 'belief' in the company.

On the other hand...
it's the shark market.....
there will always be an exception.......................
not forgetting it also depends on whether you are a trader or an investor....
conclusion? hehe....

there's no 100% fix answer to your question.

In a general sense, such move is 'usually' positive cos it means the director has 'belief' in the company.

On the other hand...
it's the shark market.....
there will always be an exception.......................
not forgetting it also depends on whether you are a trader or an investor....
conclusion? hehe....

there's no 100% fix answer to your question.

good, give you chance to top up more

Write this down......

In a falling market....
stop trying to guess where and when the stock will make the 'V' turn up.

If you have already decided to HOLD for the longer term...

1) Make damn SURE you have the right stock and that you did not overpay for the stock. (for example Inari is good but paying over 3 bucks for it is....    )

2) Double check point 1.

3) See point 1 again.     

4) Once decided, close the monitor. No use looking at constantly in a falling market. The emotions will tempt you to do something that you might regret.
Good luck.