What I am really trying to suggest to you is that you can easily improve your buying.

I am a trader and let me say this....
there are ways to actually improve one's buying....
it's not that difficult....
and the very first step is be patient....

For a CLEAR FALLING SHARE.....
it does one no good by trying to be early in buying...
be patient....

For now...
Ask yourself.....
What if you didn't start buying at 3.80?




So your initial buy was at 3.80.
Yesterday you bought more....
and you bought more today.....
( Gee.... how much more did you buy? I guess you must have put in a lot of money into this stock already. )

and now your cost is only 3.28.

Compare to the other alternative (which I do not agree cos I feel the downside risk is very great), one who waited could use the support line as a buying guide.... ie one could bought the share at 3.16 today.

See how much lower the alternative cost compared to your 3.28?





Well, do take these as the alternative opinions.....

If you want to be good in the share market (ie you want to make some serious money)....

1. No harm to collect and wait - sorry but I feel this does not help and in fact, in my humble opinion, I think it does more harm actually.......

When one say no harm to collect and wait...
one isn't sure what the stock will do....
which means...
one is unsure...

Now if unsure... why buy?

2. Buying correctly makes a whole lot of difference.

It makes trading profitable and it's much easier to sell when the buying part is done correctly.

3. Paste this again (from this morning....)

Sadly, everyone is programmed to think that all plunging stocks means bargain hunting....

The danger/RISK in that thinking is........

THERE'S NO WRITTEN GUARANTEE THAT ONE WILL MAKE MONEY 100% WHEN THEY BARGAIN HUNT!!!!

Yup, if one buys a stock whose earnings is deteriorating rapidly.........
one could get whiplash by investors cashing their chips out of that stock....
and what used to be a bargain.... could get a whole lot cheaper !!!!



Hope those comment will help you.

Well profits reports from these two companies is not going to help the OnG sector....

First the big shocker...

One of the companies touted by many as a potential star in the sector (not me never liked the name! LOL! ) ....Perisai

http://www.theedgemarkets.com/my/article/p...0-rm223-million

and then somewhat related......

http://www.theedgemarkets.com/my/article/b...e-348-rm104-mil

The other day.... Petdag reported terrible earnings (but not PetGas)


My say?

Most of these stocks has had a very good run the past few years.
I WOULD take into consideration that the extremely good times could be over....
NO BOOM last forever...
and right, I think perhaps it's best we DO NOT anchor any OnG stocks with their previous highs.....

There are also other choices.

Scientex one is complicated. Although its plastics division is one of the bigger plastic firms but then the earnings is greatly boosted by its property division.
And property is property. Market tends to discount more......

Other choices include SKPRes, SLP, Thong Guan, VS ....... (might miss out some.....)

Probably a company which is improving might be a better description.

However, having said that.....
do remember that companies with smallish profit numbers, they tend to be unpredictable.
as you can see the unpredictability in Esceram.

Smallish profit numbers = companies with annual profits less than 10 million.

Yes, the past 3 years, have seen Esceram profits improve/grow at a good pace.
But as good as it is, the total profits is only 2.6 million.
Smallish laaaa.....

when times get bad, as in 2011 (if you compare 2010 with 2011), we see profits swing from 1.9 million to a loss of 5 million....

.... and valuations certainly not cheap....
for a company earning profits of around 2.6 million, should the company be worth (ie market cap) 48+ million?

But then it's an ACE stock.
LOL!
They say aces go places....

and with the company trading around 26 sen....
many other people will just whack and hantam the stock only..................

Most important is that you understand the risks involved.

Current movement?
Wait and see T+ for clues direction....
Stock had a nice pump up the other day...
See how the stock digest that movement................

Good news?

Err..stocks not falling.

For this example, we saw the stock jumped up on good volume.
Stock now consolidating at around 0.26.
If this holds, one of the suggestion/implications is that those buyers who purchased the stock recently, believes in the stock enough that they are willing to hold on to those positions despite them sitting on handsome gains.

ps: this is not 100% fool proof. Nothing is.

How bull can it get la.....

Not for me......

Next thing?

I dunno maybe just wait and observe....

As it is, the lack of follow thru buying isn't there......... yet.

Consider the options.....

1. Do you want to wait for the follow thru buying before you jump in?
2. Do you want to be smart and jump the gun by jumping into the stock?

Consider both options and the risks involved....



Well what if that big push was done mainly by daytraders who go in and out the very same day?

Case again?


Chase the falling stock?















Muhibbah now 2.13

This post has been edited by Boon3: Nov 17 2014, 10:29 AM

LOL!

NCAFS!
WICNCGMC!

M2WTF!

WOW !!!!

Veggie list !!!



Which one can ah?

Not keen on this one.
If I have to choose in this sector, my blind pick would be SLP.

It's not that straight forward for airlines or rather AirAsia.

For one, they hedge (BET) on stuff like jet fuel and forex. (suggest you read thru their profit reports).
The USD hedge is more important because the bulk of Airasia current debts of over 10 BILLION (yes 10 BILLION) is mostly denominated in USD!!

Sometimes, their hedges go horribly wrong (do google) to the extent that Tony was forced to calm the public and shareholders down by promising no more such bets (... ironically they still HEDGE! LOL! ) (you could also google airline jet fuel hedging and practices)

Anyway, here's why it's not so straight forward...

1. Need to know their hedging positions. ( Me is too lazy to check their latest)

2. Jet fuel. (not same as Brent crude oil)
Yes, jet fuel prices has gone down quite a lot the past few months.
Last month alone, jet fuel lost some 9%!!!!
Anyway jet fuel used to be around 2.80-2.90 per gallon.
Yesterday, it's around 2.36+.
The drop is a lot, no doubt.

However, what's important for traders now is the next profit report for AirAsia is for the period July-Sep.
For this period, jet fuel went from 2.82 to 2.73.
Drop is not that big.

3. USD/MYR for this period, went from 3.20 in July to a low of 3.13 in Aug
Now this period is very important since Tony is a hedger, this is where it's complicated. what did Tony do? Did he get greedy and started hedging that the USD will go down somemore?
And since hitting that low in mid Aug, the USD dramatically made an extremely strong U-turn and closed out Sep around 3.27!!!

Also.... currently...... I think general market/economy sentiments is not that bull.... my thinking and I could be wrong.
So if people not that bull, they might not travel as much.......
Hence the cheaper jet fuel 'might'/'could' be offset by drop in air travelers.............

Not that easy bet.

p/s: IFCAMSC.



I was wrong to be skeptical about it when it was wrong 50 sen +

Yup...

one of them things......