Harloo... you no simply guess what stock I trade la....

That posting posted 2 Oct....
Nobody else commented....

Sometimes, better to keep quiet.

My TP for Padini coming

buy how many truck !?

buy apa...time to consider selling lar

How's the SKPet trade?
Did you jump out and mark a profit quickly yesterday morning?

2.17 now.

it should probably trade as low as the low lower range set recently....



** ahh... this highlighted the risk in range breakout trading, doesn't it? **

** any major surprises? **

No didn't run. I think still too early to run. Still consolidating.

The announcement on the gas field development project may appear as a good thing, but that's another 1 bill plus debt in SKPet accounts. Expected first stream of income only on 4th qtr of FY17, so around end of 2016 assuming everything goes to plan.

Apart from the above oil price now still seems quite volatile. Yoyo between 45 to 55 every time.

So in this type of environment, I think must do quick trade get the 5 to 20% profit then cabut. Higher return % means u gotta enter at the lower band and pray the price breaks up n continue that trend.

Let me know if I'm looking at it wrongly.

You probably be shocked with my answer...

See there is basically two type of trades...

1. Easy trades...
2. Difficult trades....

The goal in stock market life, is to make money.
That's what's important...
No one will give a hoot to look into the exact details in your trade...
that is.. no one will look into your trading history... and say...
walauehhh.....dude... that trade in ABDS was difficult yo...
many lost money...
but you made money.....

no one cares....

what's most important is the bottom line...
ie... ah biang ah... you sibeh geng la...
you made so much money one....




for easy trade....
SKPet should have gone up...
held the gain...
and probably see it retest perhaps the 250 region....

that should have been the expectation...

but for SKPet it was not....
all it took to shake the trade...
was for Yellen to yell out.....
the possibility of the Dec hike....
and this send the USD higher...
and the oil prices lower....
which then goncang the hell out of SKPet momentum.....

if one to be the Texas Fried chicken trader...
one could have easily exited at least 224 yesterday....
but if one did not...
one would stuck....
wondering....

but for me...
it's just normal....
it's just a difficult trade......

This post has been edited by Boon3: Nov 6 2015, 10:22 AM

Thanks Boon for your opinion.

I agree a lot of people only keen to know how much $$$ u made n the return %. The rest can keep to own self. But I like to know how n why they did the trade. U can learn from other people's strategies provided they were honest to u.

Difficult trade or not, I think one shud have considered the price fluctuating and doing a whipsaw to flush out jittery people. Since I have set up my target price earlier, I'm gonna stick with it unless there r very clear signals showing otherwise. So I won't simply take profit or cut loss unnecessarily.

We still have 1 month to go before aunty yellen does something, so anything still can happen to Skpet share price.

That's good thinking....

on the other hand...
in regards to price fluctuations....
shouldn't one have incorporate this factor (for so, esp for ong traders)?
the oil price isn't going to recover straight up atm...
and neither it is going to plunge atm...
hence the trader should have had expected price fluctuations BEFORE they even traded the stock...
and that the oil stocks are probably going to be news sensitive....

and I am sure you are aware of the difference between a fluid trader and a rigid trader...
the fluid trader is always open to changes in the market and is quick to react and adapt...
whereas the rigid trader sticks to their principals tightly....
each got its own plus and minuses....

again it depends on .... you.

yea... yea... yea.... know who you are first....


Key IMO is keeping things simple.
Trade simple stocks...

You don't have to be a hero trading big name stocks or trading them stocks which are in vogue.

This post has been edited by Boon3: Nov 6 2015, 11:17 AM

Any android apps to recommend for keep tracking stock? can create a watch list?

klse screener

There's a FA guru that says Padini is worth close to 2.50.
But I believe this is in the long run. Give this stock to your future kiddos la while u buy few buckets of beer from the dividends when they increase the payout over time.

Go up until divvy yield reduced to 4%?

Anyway I'll still wait for next quarterly results, which is just a few weeks away

What do u think of a company that...

High gross profit margin, in high teens %
Revenue growth rate 20% p.a. compounded for the past 6 years
BUT, very high borrowings, gearing about 100%
Hence net profit margin is quite low, in single-digit %

In my opinion, if the revenue growth rate and GP margin can be maintained,
(1) gearing can be reduced quite fast
(2) net profit margin can be improved

Low single digit P/E...

Can consider to delve deeper?

Recently they having this 4 days sales right?

So how would you interpret this situation without looking at the company financial at all?

Inventory build up cannot sell, so now want clear stock by selling cheap? So sales not good?

armada rise 8 %

most important question, wat kind of business is that

have to see what business are they in? some business just need a lot of borrowings or high capax, or some business like the telco will have more borrowings or low cash in hand since they know the amount of cash which will be coming in at the end of every month....?

you to take a look at its balance sheet? they are in the fashion line where the stocks needs to be changed every season. they're not in some staple goods business where there is no need much of fashionable changes.

but i gotta agree with you that these sales would make a dent in the "inventory loss". they even group them into 3 categories......... it puzzles me.... but as a shareholder, i'm more than happy to see the crowd and the queue to pay. they are still doing well. like what i have said before, this business model is easy to understand if you are in the retail line. RM2.50 is a bit far fetched, but RM2 is definitely achievable.

but pinkie is right too, gotta observe what's in the upcoming quarterly report. let's see.

Alu.min.ium

I compare against its peers in Bursa, yeah basically all of them are highly geared, and net margin in low single-digit.

This post has been edited by Pink Spider: Nov 9 2015, 11:46 AM

LOLz ah pinky just say its Pmetal. Dun shy shy k
R u sure the peers are all highly geared....
The prospects are different. One being interested by everyone, the rest not much interest or even news about them.
So gotta see what's your "poison" lo.