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 Traders Kopitiam! V8

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Boon3
post Sep 11 2015, 09:48 AM

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QUOTE(TC-Titan @ Sep 11 2015, 06:41 AM)
Yep. Totally aware. Still holding for long term. Main support for me will be at 0.23 as it is the private placement price for the new major shareholders.

Key thing for me now is that the they r cash rich from funds from private placement n warrants exercise n r moving towards executing their major projects. Revenue n earnings growth will be few quarters/years later.

Btw, Did you trade between the recent low of 0.18 to the current price now of 0.245?
*
Hehe... I am just trying to poke you nia. tongue.gif

Ok. I did not trade this stock.
I am extremely selective with my trading...
and I won't simply trade stocks.


Thanks for sharing your opinion....
Some 3 sen comments from me.

One.
I am in the market long enough to know that one should NOT rely on support indicated by placement & warrant conversion prices....
it's never totally reliable.....
be in the market long enough and I am pretty sure you would agree with me.

Yes, I can understand the thought of reasoning....
The cost of 'those' shares are 23 sen...
why would anyone sell below cost?

However, it's the bloody market...
anything can happen one...

for example...
as in MPAY's case...
if the 23 sen is the main support...
then why did it trade so many days below 23 sen?
and why did it plunge to as low as 18 sen?
if 23 sen was the main support... it should NOT have happen....

and anyway... in TRADING...
support is just support...
so is resistance...
it's always there to be broken.....
why is why we will always have breakouts and breakdowns, new highs, new lows constantly in the market....
and this is why I for one...
would never totally rely on supports and resistances....
I might have a peep at where the S&R is...
but that's about it.... (ps: again... this is my own trading poison la... you do not have to accept my poison)

now MPAY as a company....
sorry but I do not see it up...

Look at it 'as a company' perspective...
take the stock out of the company....
look at the company's performances the recent year....

LOST money in 2011 --- lost 1.3 million
made 122 THOUSAND in 2012.
made 941 THOUSAND in 2013.
made 1.4 MILLION in 2014.

looks improving since 2011 but the profit FIGURES are so mall.
1.4 million wor...
how to get serious with a company just making 1.4 million in a year?

and with the recent profit report, trailing profits indicates 728 THOUSAND profit for 2015....
errr..... one million profit also don't have....

how?
and with all the share exercises, total shares is now 710 million....
valuing the company at a incredible valuation of 171 million (based on 24.5 sen)!!!

insanely valued for a company that is hardly making any money... wink.gif

sorry but that's how I see it...

and if I have to describe it as whole...
I would say...
it's simply way over rated... wink.gif



Boon3
post Sep 11 2015, 11:02 AM

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QUOTE(gark @ Sep 11 2015, 10:29 AM)
Haha Boon must have made big bucks from the play... nice.

USD is alredy reaching euphoria point... how much longer it will last?  wink.gif

Need to find new things to play hehe  brows.gif
*
I got say I got meh? tongue.gif

Err... USD?
let me say this...
that currency is way over rated....
LOL!
come on....
their economy is still a pile of shit...
so why is their currency so strong?

tongue.gif

anyway, I reckon we (or the whole world) is still paying for the sins of US sub prime crimes....
all the helicopter money spun out from the low interest rates have left the US Fed in an extremely difficult situation....
hold the rates.... susah...
increase rates... lagi susah....

anyway the point for me...is not how much longer it can last....
( I might be wrong ) but it's just that I feel the ringgit could weaken much, much further..... sad.gif

which is why I feel the USD strength AGAINST the ringgit could continue..........................


now for Hevea...
I see a lot of strong points....
the main one stems from it's 2 core products...
the partical boards and RTA

the RTA business strengthened just like other companies like Homer etc etc...
the particle boards business had been poor the past couple of years...

but as mentioned in the posting post #531..
a massive turnaround happened for the particle boards business...
just like evergreen fibreboard (though not exactly the same as it's fibreboard and not particle borad) and also Mieco Chipboard....
the business is booming (can google about the comeback in US housing market and the booming particle board business) ....

so in a sense...
there's 2 area of massive profit growth for Hevea...

which is why the current first half fiscal year profits have almost doubled.... (30 million vs 15.7 million)
it's like 2 in one...
booming furniture business + booming particle board business....

and with the 'strength' in the USD....
profits should even increase further.....

it's like a natural/'safe' hedge against the weak ringgit...

and of course there's other positives...

lol....

shit I am sounding like a snake oil salesman selling first class ticket to Holland....

tongue.gif




Boon3
post Sep 11 2015, 12:46 PM

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QUOTE(cooldownguy86 @ Sep 11 2015, 12:29 PM)
Abg boon can I try? hehe:

Pros
1. 3.5bil orderbook aerospace products orderbook
2. HDD testing industry showing signs of recovery
3. USD Play - 10% Increase in USD/MYR will increase Net Profit by about 10%

Cons
1. HDD testing equipment manufacturing contributes about 40% of revenue. Recent quarters improvement was mainly supported by improvement from this segment. I think HDD is a sunset industry and the revenue may not be sustainable

Fair Value
EPS = 15cents per Q * 4 = 60cents x PE 10 = RM6
*
laugh.gif

Ini abang give tipsy again......tongue.gif

For point 2, I think you can refer to the profits from the HDD players..

The profits from next few quarters should be leng chai....

tongue.gif


Maybe gark can help. smile.gif


Boon3
post Sep 11 2015, 03:35 PM

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QUOTE(TC-Titan @ Sep 11 2015, 03:16 PM)
boon3 Thanks for your opinion.  rclxms.gif

1. The irrational drop in share price happened everywhere throughout the whole market. So I see it as a very good opportunity for everyone to collect more. There were a lot people/sheep/sharks/fishermen accumulating at 0.19 to 0.21 for many days.

2. MPAY will not be everyone's cup of tea whereby you have consistent growth in earnings, revenue, dividends, cash etc. No major catalyst or even funds involved to help to goreng the stock. This won't be the stock that guarantees a decent return with any margin of safety. Like you said the valuation of the share price is not justifiable based on its current and historical financial results. But, does that rule MPAY out from being a potential 2 to 5 bagger? Only time will tell.

3. I have a decent/small shareholding in Mpay at a decent average price. I am aware of some friends, relatives and etc who bought big blocks of shares. So, let's see how things pend out later on. If I lose in the end then it should be a good lesson to learn and reassess what went wrong etc.

4. Everyone's objective is to make money in the stock market. There are many schools of thought and realistic approaches to investing and trading. Plenty of technical and fundamental techniques to determine the intrinsic value, support and resistance levels etc. Regardless, I am still learning and gaining experience along the way.  wink.gif
*
biggrin.gif

Good reasoning.

Anyway, if you want to improve, I feel it is more towards understanding who you are yourself that's more important and as long as you know how to play the game at your best and you understand clearly all the risks involved... then why not? smile.gif

There are all kind of fishermen.

however, do understand that being confident itself it's a double edge sword....

yes, you need a solid conviction to stand by your own reasoning but then.... the danger itself is this could lead one to a risky position where one feel that one is immortal in the stock market (you do know the danger with such an attitude, right?)


anyway... all the best with your method. thumbup.gif



Boon3
post Sep 11 2015, 03:37 PM

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QUOTE(gark @ Sep 11 2015, 03:33 PM)
Haha no denying hevea is doubling thier profit and will continue to do so as long as the USD is still strong.

Will study on it, looks like solid fundamentals at first glance...  maybe my heart is not in MY stock now..  wink.gif

Bought PGAS.IJ at 2,6XX..  drool.gif
*
laugh.gif

it's not a suggestion ....

just a sharing of opinions....
something which is lacking nowadays in this thread....

biggrin.gif
Boon3
post Sep 11 2015, 03:40 PM

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QUOTE(TakoC @ Sep 11 2015, 03:15 PM)
Can't understand you too.. U mean unrealised profit?
*
ROFLMAO!

laugh.gif laugh.gif laugh.gif


don't torture yourself laaaa.................... tongue.gif
Boon3
post Sep 11 2015, 03:46 PM

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QUOTE(gark @ Sep 11 2015, 03:43 PM)
Snake oil ... snake oil.. come get some.  whistling.gif
*
Buy 12 bottles , you free how many?

biggrin.gif
Boon3
post Sep 11 2015, 04:32 PM

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QUOTE(cooldownguy86 @ Sep 11 2015, 04:02 PM)
I went to check Dufu... tadak leng chai. JCY ada handsome but mainly because of USD. After reading JCY report I still skeptical about HDD related industries:

Detailed Analysis for current quarter and cumulative period
The Group recorded a revenue of RM479.8 million for the reporting quarter and RM1,476.4 million for
the cumulative period of the first 9 months of current financial year, representing an increment of 6.0%
and 5.1% respectively compared to previous year's corresponding periods. These were due mainly to
the better average exchange rate of USD against Ringgit Malaysia in the reporting quarter, amid at a
lower sales volume.


The Group recorded a net profit after tax of RM32.6 million for the reporting quarter and RM133.9
million for the cumulative period of the first 9 months of current financial year, compared to net profit
after tax of RM25.0 million and RM93.4 million respectively in the previous year's corresponding
periods, the improvement on profit after tax was due mainly to the higher revenue as described above,
improved operational efficiency in the reporting periods and exchange gain resulted from translating
financial assets and liabilities for the cumulative period.

The outlook for Total Addressable Market (“TAM”) for HDD is challenging, despite the recent
launching of Windows 10, a major rebound in PC demand in the near future is unlikely.
The demand in enterprise class HDDs is affected by the poor global economic environment with
financial uncertainties in Europe and the slowdown in China. The demand for HDD is also
adversely affected by the strong U.S. Dollar.
However, the weakening of Ringgit Malaysia
against U.S. Dollar has a positive effect on our revenue.
JCY will continue to leverage its competitive strengths so as to intensify its efforts on improving
its operational efficiency
*
smile.gif

So if you are skeptical....
then look into other stocks...

never rush to trade any stock.

biggrin.gif
Boon3
post Sep 11 2015, 06:14 PM

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QUOTE(TC-Titan @ Sep 11 2015, 05:52 PM)
rclxms.gif I was just about to reply the same thing haha

There are many types of investors and traders.

1. Some play contra within the same day or within the T+2/3/5/7 period. Make RM0.005 to 0.10 per share also cukup if play in super big volume. Some help capitalise on the sudden surge and make RM0.20 to RM2.00++ per share also have.

2. Some are dividend yield investors - emphasize on the appropriate yield and absolute occurrence of dividend payment + capital protection. Some want both capital appreciation + dividend yield.

3. Some are happy trading making 5 - 10% return weekly/monthly.

4. Some are super value investors, willing to buy and hold at decent prices and won't sell until reach 30% to 200%++ for as long as it takes to reach the target.

5. Some play with IPO and private placements to gain a decent advantage and return.

6. Some play with warrants, iculs, rculs etc and leverage on the timing and maturity. If you are good can make 20% to 400% profit.

7. Some mess around with arbitrage on conversion of warrants to mother share and make quick/easy 5 - 10% profit.

8. Some average down or average up on their shareholdings to try to breakeven or get even higher returns.

9. Some purposely hunt stocks with bonus issues, special dividends etc

10. Some target stocks that are potential M&A comps, RTOs, potential privatization comps etc

Some people want their investment methods kept simple to gain X% return. Some want it complicated to gain Y% return. Some just follow the trend, herd, family ,friends, rumours, news etc and and hope to get Z% return. Some do a tonne of homework and aim to get XYZ% return. Everybody's preference on a required rate of return, regardless whether guaranteed or the probability or achieving is different.

Tonnes of ways to make money, but everything requires your time, dedication, competency, your plan/strategy, your vision, experience, confidence, guts, money and some lil bit of luck. Everything added up will eventually have an impact on that small decision of yours - which is to buy or sell.

Easy way out, get someone or an investment firm/bank to invest for you. Or buy unit trust, ASNB, FDs, do real estate investing, business. Everything will have their own risk and return.
*
sweat.gif

Lucky my poison not listed.......



whistling.gif

Boon3
post Sep 13 2015, 01:30 PM

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laugh.gif

Wasoshoweeeeiiiiieh !!!!

Geng!

So how do I make money trading the stock market?
Be a better trader lor...
How do I become a better trader?

Ermmm...... I make sure I get better tipsy from ........... Ah Gark!

icon_idea.gif




rclxm9.gif rclxm9.gif rclxm9.gif


» Click to show Spoiler - click again to hide... «

Boon3
post Sep 13 2015, 07:30 PM

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QUOTE(gark @ Sep 12 2015, 09:06 AM)
I know your poison.. you like to play bagger one!  tongue.gif
*
sweat.gif

Buried....nearly miss....

tongue.gif




Err...

Undervalued caused by poor performance and cloudy future prospect....

Or

Undervalued caused by very bright future prospect...


Err....

Eeeenie mini mineyyyyyy more......

tongue.gif




Boon3
post Sep 14 2015, 09:28 AM

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QUOTE(TC-Titan @ Sep 14 2015, 12:16 AM)


So far Boon3 hasn't shared his opinion with you yet, which should be interesting.  brows.gif
*
sign0014.gif




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Boon3
post Sep 14 2015, 03:49 PM

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QUOTE(gark @ Sep 14 2015, 03:38 PM)
One stock pushed it up.. look at who is top of the list..  thumbup.gif
*
laugh.gif

Market friendly, open tenders............ tongue.gif







Money is my friend.....yours too?


Boon3
post Sep 14 2015, 05:22 PM

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QUOTE(gark @ Sep 14 2015, 05:00 PM)
Todays show some one just wanna push up the KLCI... hmm.gif

Even setupid stocks like FGV also can limit up.. doh.gif 

But then hor.. free money.. gotta go pick..  rclxms.gif

EDIT : Hmm found the reason..use taxpayer money to boost stocks.. this valuecap went on buying binge today doh.gif
*
It's just 2 things....

the so called market friendly...open tender.... rolleyes.gif
well... that helped boost up ...
you know which stock.

LOL!

... and then 20B rolleyes.gif shocking.gif shakehead.gif


the chain of questions....

1. What caused the markets to fall?

2. Who sold?

3. now... the general market sentiments... ie... man on the street....
what's happening?

4. what's causing it?



now the 20 b.

5. Are you boosting the stock market? or the economy?

6. will economy recover just cos the stock market recover?


I dunno too much....

recently Chinaman did a series of GOVERNMENTAL stock market boosters.... is it working?


7. will the ringgit recover just cos the stock market recover?


I still dunno much..... tongue.gif









where do I apply to be a Toll?


heeeeeeeeeeeeeeeeheheeeeeeee laugh.gif
Boon3
post Sep 14 2015, 08:14 PM

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Poh Huat's earnings..

9 months profit up 83%.


Boon3
post Sep 14 2015, 08:25 PM

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QUOTE(cooldownguy86 @ Sep 14 2015, 08:21 PM)
ya sibeh huat. tmr try to board the ship!
*
laugh.gif laugh.gif laugh.gif

That was just a spam posting dude......... tongue.gif


ps: do not overload in a sector la.
just play the one with the most potential.

tongue.gif
Boon3
post Sep 14 2015, 08:51 PM

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QUOTE(cooldownguy86 @ Sep 14 2015, 08:31 PM)
the one with most potential already cepat jalan liao. at least this one baru jalan can try curi ayam tongue.gif
*
laugh.gif

Ayam ... u cannot simply steal laaaa....



Which one has the most potential? tongue.gif
Boon3
post Sep 14 2015, 09:25 PM

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QUOTE(CP88 @ Sep 14 2015, 08:56 PM)
Ah Boon lor tongue.gif
*
doh.gif

I got no tipsy one........


cool2.gif
Boon3
post Sep 15 2015, 10:17 AM

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QUOTE(gark @ Sep 15 2015, 09:30 AM)
Yay someone fatt tat already..  tongue.gif
*
Someone sure did but not me.................. tongue.gif
Boon3
post Sep 15 2015, 10:40 AM

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QUOTE(TC-Titan @ Sep 15 2015, 10:36 AM)
Current share price movement immaterial for you tongue.gif

Heard you play bugger   bagger de.  thumbup.gif
*
shakehead.gif

Which bugger told you about bagger?



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