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 Bursa Traders V5

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Le Don
post Oct 27 2014, 01:04 PM

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QUOTE(Boon3 @ Oct 27 2014, 11:02 AM)
laugh.gif

No problem la.....
no other stocks to see mehhhhhhhhhhhhhhh? tongue.gif
*
Anyone taking a look at BJauto? I am thinking of loading up more today after the recent correction in the stock market.

This post has been edited by Le Don: Oct 27 2014, 01:05 PM
Le Don
post Oct 27 2014, 01:40 PM

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QUOTE(Boon3 @ Oct 27 2014, 01:14 PM)
Not bad choice.
If I am not mistaken, sales for the 5 is still very strong.

wink.gif
*
I see

I just bought some BJauto again today. My best performing stock for this year rclxms.gif

Btw, recently I watched Pmetal dipped below RM5 but I was too scared to pull the trigger sweat.gif
Le Don
post Oct 31 2014, 09:18 AM

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Bjauto and Pmetal rallying this week rclxms.gif
Le Don
post Oct 31 2014, 09:55 AM

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QUOTE(Boon3 @ Oct 31 2014, 09:34 AM)
laugh.gif

So happy nia!

I guess you pulled the trigger and jumped into PM.

Did you check out the aluminium spot prices and its charts as suggested?

smile.gif  *
*
I checked out the chart and bought a little at around RM6.7. The financials of the company has also improved. Regretted did not pull the trigger at below RM5. Will be taking profit soon because the stock PE is still quite high.

I will be holding Bjauto longer for now. Waiting for the next quarter report before deciding to continue buying.

This post has been edited by Le Don: Oct 31 2014, 10:00 AM
Le Don
post Oct 31 2014, 11:19 AM

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QUOTE(Boon3 @ Oct 31 2014, 10:00 AM)
I do not think you should regret....
cos this example CLEARLY showed you something....... *whistle*
which is...............

you DO NOT have to chase the lowest price to make money.

you can make money EASILY from a stock that is going up....
and actually if the reasoning is solid enough....
it's actually a much SAFER way to play the market. tongue.gif

here's the reasoning......................
we can see the aluminium spot prices rallying strongly this year...

user posted image

Yes, there was a sharp pullback near end of last month......  sweat.gif 

but since then....

the prices had been rallying again....

compare to the yearly chart of PMetal....

user posted image

we can see the strong impact/correlationship with aluminium spot prices...

now since Pmetal was doing poorly last year (making losses lor  sweat.gif ) .....
PMetal prices were rather week to begin with......

Thank you for input. The chart clearly shows

but with aluminium prices SOARING....
the market cannot but ASSUME that PMetal profits soar also.... ***note PMetal's profits yesterday showed clearly that the speculations were spot on! ***
it's a justifiable speculation....  sweat.gif

So soar indeed....
PMetal flew on the back of strong research house buy calls too! tongue.gif

but when aluminium prices tumbled mid Sep....

PMetal stock prices went into a tail spin too....
and the stock price correction was sharp too....... sweat.gif  sweat.gif  sweat.gif

BUT once the aluminium spot prices recovered......
PMetal stock price also recovered........................
*NOTE*
not all aluminium related stocks will benefit.

Take PMBTech for example... (saw this cos PMBTech also reported its profits yesterday)
The company is very much aluminium related...
but it uses aluminium aa a raw material...
hence when aluminium price increased....
PMBTech profits will be impacted....  sweat.gif
*
Thank you for giving your opinion on Pmetal. The stock price clearly follows the trend of the aluminium price.

I agree that buying a stock during a pullback is hard sweat.gif. That is why I bought Bjauto instead of Pmetal during the latter sharp correction.
Le Don
post Nov 3 2014, 11:11 AM

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Bjauto really flying up this 2 weeks rclxms.gif

Pmetal price very volatile sweat.gif

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