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 Traders Kopitiam! V6

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gark
post Dec 5 2014, 02:22 PM

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QUOTE(river.sand @ Dec 5 2014, 02:21 PM)
US market - can short sell mah...
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Those lawsuits gonna take VT millions of dollars and many years to fight off.. tongue.gif

Furthermore the FC that quit (only 3 months on the job) earlier said that revenues and profits are improperly stated before IPO... laugh.gif laugh.gif laugh.gif

That one shooting VT on the foot..

QUOTE
Consolidated revenue increased by 5.6% to MYR47.7 million (US$14.5 million) from MYR45.2 million in the corresponding period of 2013.

Profit attributable to shareholders of MOL Global Inc. decreased 61.5% to MYR2.4 million (US$0.7 million) in the third quarter of 2014 from MYR6.3 million in the corresponding period of 2013.

During the course of the Company's review of its financial results for the third quarter of 2014, the Company's auditor discovered that its Vietnamese subsidiary, Nganluong Joint Stock Company ("Nganluong"), which was acquired by the Company in March 2013, reported revenue from its payment business on a gross basis, and accounted for the corresponding fees payable to merchants being included in direct cost and other ancillary expenses. However, the Company's accounting policy is to account for such transactions on a net basis because the Company acts as an agent with respect to these revenue arrangements, such that the corresponding fees payable to merchants should have been netted out of revenue and not included in direct cost and other ancillary expenses.


This post has been edited by gark: Dec 5 2014, 02:26 PM
gark
post Dec 5 2014, 05:28 PM

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QUOTE(Pink Spider @ Dec 5 2014, 04:55 PM)
I'm officially Dividend Warrior Malaysia. 47% portfolio invested in REITs sweat.gif

Just added Al-Aqar Healthcare REIT today blush.gif
*
Property and REIT is already way overvalued and waiting for a spark only.... then kaboom! wink.gif

This post has been edited by gark: Dec 5 2014, 05:29 PM
gark
post Dec 5 2014, 05:38 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:33 PM)
Kaboom...buy more lor.

Doubt that BNM will raise rates again anytime soon...economy is already gloomy, many ppl don't wanna spend now. sweat.gif

Follow Dividend Warrior's model...drop (significantly), buy more. Keep on reinvesting. Time is on my side anyway blush.gif
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BNM might not,... but the feds will. tongue.gif

Now budget problem, OnG staff layoff, MYR depreciate, ... property how?

High foreign holding all our REIT's...
gark
post Dec 5 2014, 05:44 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:40 PM)
Buy...buy...keep buying cry.gif

ALAQAR CMMT IGBREIT QCAPITA UOAREIT won't die kua sad.gif

u all...recently only talkin' bout buying O&G stocks...no tipsy on other fundamental stocks...

I also scan the market until got nothing to buy already unless top up Karex Bursa Pharmaniaga DiGi AFG TaAnn cry.gif
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QUOTE
NEW YORK (Reuters) - Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June 2015, a Reuters poll found, and economists also said the market was underestimating how aggressively the U.S. central bank will tighten policy.

The median forecast of 18 dealers for the federal funds rate at the end of next year was 1 percent, compared with the median forecast of Fed policymakers of 1.38 percent, according to projections from the central bank's October meeting.

The median forecast of 14 dealers for the federal funds rate at the end of 2016 was 2.5 percent, compared with policymakers' median forecast of 2.88 percent. By the end of 2017, 10 primary dealers projected a median federal funds rate of 3.5 percent, while policymakers' median forecast was 3.75 percent.
When interest rate go up....... ??? will fall? whistling.gif

OnG got fundamental what.. just not your cup of tea. tongue.gif

This post has been edited by gark: Dec 5 2014, 05:46 PM
gark
post Dec 5 2014, 05:49 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:44 PM)
Wait, MYR depreciate, won't that attract foreign speculators to return to Bolehland property? Esp Singapore property buyers... hmm.gif
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If MYR depreciate WITH a chance of going back up again... AND when property price is rising consistently. Then yes!

Now property price stagnant.. MYR depreciate...and not much chance to beat SGD, the more you use SGD to buy you kena double whammy.

You lose in exchange rate and risk property not going up... might go down instead. You dare buy? tongue.gif

And if you are holding Malaysian property buy using SGD, now MYR depreciate and property price already stagnant/peaked... what you want to do? whistling.gif

REIT also reacts the same one... tongue.gif

This post has been edited by gark: Dec 5 2014, 05:52 PM
gark
post Dec 5 2014, 05:50 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:46 PM)
ZERO to <1% divvy yield shakehead.gif
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Divvy is just ONE of the many fundamentals lah.. yawn.gif

Growth is the main one, now oil price is so damm beat down.. you wanna bet it will go up (earnings growth) or go down (earnings less)..? rolleyes.gif
gark
post Dec 5 2014, 06:00 PM

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QUOTE(Pink Spider @ Dec 5 2014, 05:58 PM)
My investing goal is to slowly accumulate yield assets that eventually I retire at 55, they can provide for my living needs

I'm extremely bad at making sell decisions sad.gif

With yield, I just sell when I can get better yielding assets

Stocks with no yield, when to sell? rclxub.gif
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Even easier.. when the profit growth becomes less or reverse.

You got the same concept in your signature leh.. shakehead.gif
gark
post Dec 5 2014, 06:06 PM

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QUOTE(Pink Spider @ Dec 5 2014, 06:02 PM)
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson

I want my sex life investing to be boring tongue.gif
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Growth can and should be boring.. you are misreading the quote.

It means you should not jump in, out and around the stock and make buy/sell decisions on a few sen movements or rumors and wild speculation.

Example of good growth companies like PBbank, KLK & F&N.. are they not boring? Everyday like no movement one, not much volume, but then again if you see the earning growth it is fantastic since IPO and so naturally the share price has steadily appreciated with compounded gain of >30% p.a..

Do you think only dividend yield given by these companies can make these gains? tongue.gif

This post has been edited by gark: Dec 5 2014, 06:08 PM
gark
post Dec 5 2014, 06:11 PM

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QUOTE(Pink Spider @ Dec 5 2014, 06:09 PM)
If u bought PBank, KLK, F&N or even BAT during its IPO or not long after IPO...your yield on COST is amazing whistling.gif

Ok la ok la, I get your point

If I dun get it, what do u think I bought Karex (DY only 1%) for? For its free condom sample during AGM? laugh.gif
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Yes then.. if you only look at yield .. why buy karex? tongue.gif

Don't get me wrong.. Karex growth is amazing so far BUT it is WORTH such high valuation? tongue.gif

Commodities stock CAN be very volatile.. it swings from being ultra expensive (when commodity goes up) and ultra cheap (when commodities crash), these provide very nice entry/exit point for you.. rclxms.gif

This post has been edited by gark: Dec 5 2014, 06:14 PM
gark
post Dec 8 2014, 10:16 AM

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QUOTE(max_cavalera @ Dec 6 2014, 08:49 PM)
Hi guys, just want to give you some interesting read on a Japanese day trader called CIS, whose stryr featured in Bllomberg news a while back:

http://www.bloomberg.com/news/2014-09-25/m...ion-trades.html

Points to note:

1) Fundamentals is useless in short term intra-day trading.

2) He monitors top 300 most traded stocks...

3) He said 'buy when people are buying and sell when people are selling'...

4) Hes an obvious momentum trader...means he monitor if theres a sudden big volume of bidding or selling price coming...he follows the big money when it enters and when it goes out.

5) Let his winner rides and cut his losers fast.

6) Complicated technical analysis or fundamentals waste your time in analyzing and executing....he prefers the numbers on the market to tell the story and re3acts within seconds....

Im a noob in stock market so pls spare me from any bad bashing uncle gark or pink spider  gor...
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Its called HST aka. high speed trading. There are a couple of books out there on this... you don't actually do the trades yourself, you put the algorithm into the program and it highlights the 'potentials' according to the criteria and also sometimes the computer execute the trades yourself. 100 trades a day is norm for HST, they pay very little or no brokerage and buy sell with 1 tick difference. wink.gif
gark
post Dec 8 2014, 10:19 AM

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QUOTE(Pink Spider @ Dec 7 2014, 04:23 PM)
Pharma companies earnings not too volatile quater to quarter la

Revenue still growing, 5-6% growth so should be sustainable.  Weak Ringgit should do them good in coming quarters

Do u think good for buy and hold?
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Weak RM is actually bad for pharmaceuticals companies, as their raw materials is mostly imported and denominated in USD. tongue.gif

This post has been edited by gark: Dec 8 2014, 10:20 AM
gark
post Dec 8 2014, 10:22 AM

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QUOTE(Pink Spider @ Dec 8 2014, 09:21 AM)
If I get u correctly, u are implying that Hovid's revenue growth has been sub-par/below industry average?

But...even CCMDBIO's sales growth also <10% wor...then, who're the average/above average ones? hmm.gif
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Since you like pharma so much... i recommend you Kalbe Farma... earning growth at CAGR of 35% p.a. for the past 10 years. brows.gif

Good stock. thumbup.gif

This post has been edited by gark: Dec 8 2014, 10:22 AM
gark
post Dec 8 2014, 10:30 AM

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QUOTE(Boon3 @ Dec 8 2014, 10:26 AM)
Success stories is always inspiring to read.... but it's never easy to emulate. tongue.gif
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Many ways to success, the most important to pick the one most comfortable and WORKS for you. rclxms.gif
gark
post Dec 8 2014, 10:37 AM

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QUOTE(Pink Spider @ Dec 8 2014, 10:35 AM)
Ah Boon gor...Asia = ASEAN + HK + China + Malaysia + many more doh.gif
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Not enought data. Asia COULD BE 90% Malaysia for all we know.. tongue.gif
gark
post Dec 8 2014, 10:42 AM

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Oil goes down... but the Armada CEO got kicked out...

And now the price rise. hmm.gif

How can the market take this news as positive? laugh.gif laugh.gif laugh.gif

This post has been edited by gark: Dec 8 2014, 10:43 AM
gark
post Dec 8 2014, 10:44 AM

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QUOTE(Pink Spider @ Dec 8 2014, 10:42 AM)
http://klse.i3investor.com/servlets/ptres/24086.jsp

Look at the first bullet point:
Don't worry, it's not from Madagascar gang tongue.gif
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Please show us profit growth? tongue.gif Revenue growth not equal to profir growth.

At one time when hovid was cheap (when they dispose carotech) I was really interested, but as a turnaround story.. not so much now as the growth is tepid.. tongue.gif
gark
post Dec 8 2014, 10:56 AM

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QUOTE(Pink Spider @ Dec 8 2014, 10:48 AM)
user posted image

I THINK EPS growth would be at around 10%+/- p.a. at best

For annualised FY2015 figures, I used Basic EPS...if used Diluted EPS, the growth would be stagnant sweat.gif
Yeah, I forgotten my EPS calculation stuff already blush.gif

Eh eh eh, why til now no one talked on the chart?
*
If you use 3 years that is the strong rebound AFTER the sold off carotech... before that they were losing lots of money. Can the momentum be sustained? tongue.gif
gark
post Dec 8 2014, 11:58 AM

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QUOTE(Pink Spider @ Dec 8 2014, 11:08 AM)
Let's say har...

Selling price USD100
Raw material price (imported materials) USD60
profit USD40

But with weakening Ringgit, the USD40 will become higher in RM terms.

Should be good, right? hmm.gif
*
Let's say har...

Selling price RM300
Raw material price (imported materials) USD60
profit RM ?

But with weakening Ringgit, the RM? will become lower in USD terms.

Should be good, right? hmm.gif

This post has been edited by gark: Dec 8 2014, 12:01 PM
gark
post Dec 9 2014, 10:41 AM

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QUOTE(Pink Spider @ Dec 9 2014, 10:11 AM)
I dun do research THAT in-depth sweat.gif
*
Test out the sample they gave from AGM. You should go for field research.. see the quality good or not. brows.gif

Try in the worst place possible, see if the protection si 100% or not. tongue.gif



This post has been edited by gark: Dec 9 2014, 10:42 AM
gark
post Dec 9 2014, 10:48 AM

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QUOTE(Pink Spider @ Dec 9 2014, 10:42 AM)
I usually...do raw blush.gif
*
AIDs ... sweat.gif

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