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 Traders Kopitiam! V8

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gark
post Oct 22 2015, 09:45 AM

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QUOTE(Boon3 @ Oct 22 2015, 09:44 AM)
doh.gif
Must learn ownself one................................

Dun follow me.
*
Ok ok... if got trading idea i will post it here.. thumbup.gif
gark
post Oct 22 2015, 09:47 AM

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QUOTE(Boon3 @ Oct 22 2015, 09:46 AM)
What have you learn from Top Glove episode recently?

tongue.gif
*
Wah.. that one.. did not really see..

Was concentrating on IDX.. brows.gif
gark
post Oct 22 2015, 09:50 AM

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QUOTE(Boon3 @ Oct 22 2015, 09:49 AM)
doh.gif

Top Glove went from.... 7.50 or so.... to a high of 9.77 yesterday.

Question is... how to spot such movements?

tongue.gif
*
Hmm .. good questions.. lemme look at the stock a bit first. tongue.gif
gark
post Oct 22 2015, 09:53 AM

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Oil ... how opec is winning against US shale..

user posted image




gark
post Oct 23 2015, 10:21 AM

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QUOTE(lynetnonyma @ Oct 22 2015, 04:42 PM)
Why Boon3 never ask to buy BRAHIMS yesterday?
*
Wahhhhhh now boon is fortune teller... brows.gif
gark
post Oct 23 2015, 10:23 AM

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QUOTE(Boon3 @ Oct 23 2015, 09:46 AM)
I fear a bad overall budget....
where overall govt spending is not reduced at all....
.... and this might probably cause the ringgit to weaken further....
which means....
more and more expensive products for the lower income earners....

I fear for the country......  sad.gif
*
GST to the rescue,...

Govt is expected to report higher than expected GST collection based on year to date reciepts collection

Also they are 'borrowing' from the companies as GST refund is still very slow (>6 months)..

Hence the govt coffers will be temporary boosted. laugh.gif

Also the expected income tax and corporate tax reduction due to GST MIGHT not materialize... sweat.gif sweat.gif sweat.gif

This post has been edited by gark: Oct 23 2015, 10:25 AM
gark
post Oct 23 2015, 11:55 AM

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QUOTE(Boon3 @ Oct 23 2015, 11:49 AM)
I don't understand.

GST collection is good, yes?

Then where the Monet gone?
Why the drastic change in toll charges?
*
Nothing to do will toll charges, the toll lopsided contract signed donkey years ago..... rolleyes.gif

Money where else? Pocket ler... rclxms.gif

This post has been edited by gark: Oct 23 2015, 11:56 AM
gark
post Oct 23 2015, 12:11 PM

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Come come sifu boon teach me to trade.. brows.gif

Attached Image

Lets say bought around mid September.. but already 1 month the returns has been lackluster, will it be good to continue to hold or sell based solely on the graph? tongue.gif

Entry reason due to graph already bottom and high volume..

Sell reason, initial high volume at September is gone.. some renewed volume in october but also tapered off.. in the mean time stock not going anywhere.

lets IGNORE FA for the time being.. laugh.gif

Example only.. dont follow to trade. tongue.gif

This post has been edited by gark: Oct 23 2015, 12:17 PM
gark
post Oct 23 2015, 12:12 PM

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QUOTE(Boon3 @ Oct 23 2015, 12:05 PM)
doh.gif

Why you clap?

You happy meh?

tongue.gif
*
I no pay toll... i no pay Malaysia income tax.. i no pay Malaysia GST .. thumbup.gif

This post has been edited by gark: Oct 23 2015, 12:13 PM
gark
post Oct 23 2015, 12:54 PM

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QUOTE(foofoosasa @ Oct 23 2015, 12:17 PM)
wah sehhhhhhhh
but i guess in future u return to malaysia also?

ohmy.gif
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Even if I come back... i forsee i wont pay much income tax, as most of investment is not taxable, and also not much GST as I am not a spender and quite frugal, now I save/invest >80% of my salary per month. nod.gif

oh.. I dont contribute to EPF too.. rclxms.gif

This post has been edited by gark: Oct 23 2015, 12:56 PM
gark
post Oct 23 2015, 01:58 PM

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QUOTE(Boon3 @ Oct 23 2015, 01:22 PM)
pssst: use local stock
See back Home boi chart I posted the other day....
Would you buy?
If so, at what price?
*
I would have bought around 90 cents.. tongue.gif


But I am in jungle.. tongue.gif

This post has been edited by gark: Oct 23 2015, 02:02 PM
gark
post Oct 23 2015, 02:00 PM

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QUOTE(Boon3 @ Oct 23 2015, 01:19 PM)
I wont trade such a stock....

Still pretty much a downtrend stock.... tongue.gif

And if I have to guess....
Earnings had been slack/downtrend...
And or there's nothing intetesting in the industry...
*
Haha.. earning downtrend .. yes

But as an industry might be interesting.. tongue.gif
gark
post Oct 23 2015, 02:11 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:02 PM)
Lol...

You want to learn to trade mah.....

Saying 90 send ( which I knew you would ) no count ma...

At the price now...
Do you see opportunity or not?

tongue.gif
*
1:4 Warrants, 1:2 BI..dilution recently

EPS estimate (account for some positive in 3Q and 4Q) ~ 8 to 9 cent

Current price : 1.20

P/E = 13-14 FY15.. add in warrant dilution will be 15-16

Fair value.. but not much upside... but FCF is still good

Not too interesting.. hmm.gif

This post has been edited by gark: Oct 23 2015, 02:12 PM
gark
post Oct 23 2015, 02:21 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:13 PM)
Trade la....based on chart ...... tongue.gif
*
Ok charts.. hmm.gif

On uptrend from bottom of 90cents..

Surge on early October then consolidate and surge again on mid October..

Declining volume..

But.. got immediate potential to reach 1.30 in near future.. and got risk to consolidate back to 1.10

But higher chance of reaching 1.30 before Q announcement which is anticipated to be good

Emm.. still not confident enough to buy. sweat.gif


So.. how many marks out of 10? tongue.gif
gark
post Oct 23 2015, 02:25 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:04 PM)
tongue.gif

You can see/understand why the stock lembik lor...

The reason to trade the stock is not there....yet.
*
I dunno wor.. i seem to have some fetish with lembik stock... sweat.gif

I see a stock surge high.. straight away no mood to even look at it.. tongue.gif

If i see downtrend stocks.. then it is interesting and I do my FA..

Something wrong kah? laugh.gif
gark
post Oct 23 2015, 02:26 PM

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QUOTE(Pink Spider @ Oct 23 2015, 02:23 PM)
Unker gark wanna learn to be chartist now hmm.gif tongue.gif

Oi, wanna go Genting try out your chart-reading skills? laugh.gif
*
last time I go casino.. at Marina Bay Sands..

Try hand with $500.. lost everything.. in 1/2 hour sweat.gif

This post has been edited by gark: Oct 23 2015, 02:27 PM
gark
post Oct 23 2015, 03:59 PM

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QUOTE(Pink Spider @ Oct 23 2015, 03:44 PM)
No! That would cause the comeback of property speculation mad.gif

I prefer...abolish withholding tax on REITs wub.gif
*
psssssst... SGX REIT dividend 0% tax.. brows.gif

This post has been edited by gark: Oct 23 2015, 04:01 PM
gark
post Oct 23 2015, 05:01 PM

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QUOTE(Boon3 @ Oct 23 2015, 04:18 PM)
Yes, it's so easy to look back....
Heck everyone can be a master... tongue.gif
However, me poking Gark and asking him 'currently'....

tongue.gif
*
Lol I already answer you..post #2217.. you not yet reply..

How many marks? tongue.gif

This post has been edited by gark: Oct 23 2015, 05:04 PM
gark
post Oct 23 2015, 06:29 PM

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QUOTE(Boon3 @ Oct 23 2015, 05:20 PM)
doh.gif

Missed this couple of posting.

laugh.gif

Not bad.

From a 'tactical' or 'strategical' point of view...
with the upcoming quarterly report (which is scheduled to be next week inm)...
this company should report an outstanding report.
one could assume from the evidence seen from Top Glove report (though different industry but main driver is the USD factor)....

The market had shown some keenness already since it has pushed the stock to current level 118 la....
and with it consolidating in this region....
which is a norm....
the market is just in the waiting game for the actual numbers

( the pattern is almost the same as Top Glove, yes? where TG was pushed to the 850... then the stock consolidated back to around 8.10 or so as it awaits the actual number... )

so the assumption is....
the stock is just consolidating now.....

now some would call that there are 2 type of traders....
traders who anticipates and traders who reacts....
where the first group might buy in the consolidatory period while the second would wait and buy upon 'action'...
arguments are aplenty on which is better.... tongue.gif

so the question again was more simple...
it is not asking you to read what is happening....
but asking you a more direct....
buy or don't buy. tongue.gif

laugh.gif
*
If I want to earn 10-20 sen/share in the immediate future.. then will buy...

But if I want bagger.. this might not be the right time to buy. wink.gif

gark
post Oct 23 2015, 07:14 PM

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Apa ini?

After GST.. no reduction in income tax.. but went up 2% to max 28% for top tier instead. doh.gif

Guess REIT will be more popular with high income earners.. than rental properties.. hmm.gif

This post has been edited by gark: Oct 23 2015, 07:18 PM

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