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 Traders Kopitiam! V7

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wodenus
post May 24 2015, 03:49 PM

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QUOTE(Lowyaa @ May 24 2015, 01:23 PM)
I would say it was a reasonable spike because its quarter report was out on may 14 night. It is a good profit growth report, so why not the jump the next day?
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Well you have a point but if you look at Feb 27, that was also a good profit but no one was interested. Why's it all of a sudden so many people are interested now and not Feb? profit doubled in Feb.. no one interested. But now profit goes up about 40% more and now they are interested? kind of slow for that?

wodenus
post May 24 2015, 05:24 PM

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QUOTE(Lowyaa @ May 24 2015, 04:57 PM)
Thats why. Firstly we have to admit we are just small players, and we depend on large fund players.

The key is here. When you have identified a good profit growth stock on the night its quarter report is published, don't be too confident that it will shoot tomorrow morning. Why? Because we need the large players to get interested in this profit stock.

So how we know that the good profit growth stock will be "goreng" tomorrow morning? Easy...

At 9a.m. the next day, see whether the stock opening trade price is above 10% its previous day closing price. If yes, bingo it is being played by large fund players. Take YSPSAH for example in this May 14. On May 14 its closing price is at 1.61. On May 15 the next day its opening price is at 1.77.
[(1.77-1.61) / 1.61] x 100 = 9.9%. Bingo, you quickly buy at around 1.83 at around 9.15a.m.

Take back YSPSAH for example in this February 27. On Feb 27 its closing price is at 1.50. On Mar 2 the next day its opening price is still at 1.50. This tells you no large players are interested in this stock at this moment. So you just ignore this stock.

My opinion. Actually it is not all of a sudden so many people are interested in a particular stock, it is just a single large fund player buy the stock bit by bit over the day and pushes up the price to attract small investors at the end of a few days later then dumps the stocks to those small buyers at higher price.
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Ok but how did you suddenly happen on this counter? so many thousands of counters in Bursa, how do you even filter out criteria like that?

wodenus
post May 24 2015, 05:50 PM

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QUOTE(Lowyaa @ May 24 2015, 05:25 PM)
Wow you have to be really fast.. have to look at it at 9am shocking.gif so like PETRONM ?

But not really 10% that one..
wodenus
post May 25 2015, 02:00 PM

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QUOTE(Pink Spider @ May 25 2015, 11:14 AM)
Ominous sign icon_question.gif

takpa, paper profit intact. general market weakness sweat.gif
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Hm, they are suing a GLC? SPK is Syarikat Permodalan Kebangsaan. If you look at the website they build government quarters and government hospitals.

wodenus
post May 26 2015, 09:50 AM

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QUOTE(backspace66 @ May 25 2015, 04:20 PM)
just entered sign @ 2.40 , hope don't go holland, hahaha

bought too early, still going down to 2.30
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Rm 2.53, how about that for 5.8% in one day, traders and speculators must be rejoicing right now smile.gif

This post has been edited by wodenus: May 26 2015, 10:18 AM
wodenus
post May 27 2015, 04:54 PM

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QUOTE(river.sand @ May 27 2015, 10:13 AM)
WARNING:
Don't fall in  wub.gif  will your stocks  wink.gif
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Actually a lot of my problems are because I don't.. some counters are magic, company lose money, suing people, empty buildings, DPS is 2X EPS but price and dividend still can maintain smile.gif

wodenus
post May 27 2015, 04:56 PM

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QUOTE(Carls_Nemesis @ May 27 2015, 01:17 PM)
c the sell blocks dun dare to contra jor. go down fast, back so slow.
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Isn't that good for contra?


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