Lol....

Try paper trade ma.....

See if you can develop/improve your buying.

Take Top glove recently....
When we talked it was just off its all time high...
Look at the price now....
How much has the price increased?
Why?


It's such a misconception about stock highs....
Remember when a stock hits a high....
Usually there's a reason for the high demand for stock...
And sometimes....
The demand is do justifiable that the stock continues to hit new highs after new highs for many years.....

Zero markah.....

Cos I am asking about another stock.

Yes, it's so easy to look back....
Heck everyone can be a master...
However, me poking Gark and asking him 'currently'....

Missed this couple of posting.



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....

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.

So sorry.
Missed this posting of yours.

Of course you can try.




psst.... mark down your observations (hehe... consider it as a real live paper trade ma.... see what happens to the stock the next 2 weeks.


no right no wrong hor.....
cos I have no idea what will happen to the stock too....

There will be stocks like ULICORP where an ordinary stock surges way beyond expectations, turning into a multi bagger.
Why?
The G-Factor.
Was it played?
Answer YES. (Many years before that it too was G-ed)

My arguments now would be (about) the same as previously.
At the time of those postings,
was Ulicorp an ordinary company?
answer: not only was it ordinary but it was rather below average.



This is the current performance.
When we talked about it...
we were only looking as far as 2013 numbers.

which means we were talking whose profits went from 18 mil >> 16 mil >> 17 mil >> 16 mil

that was the only track record available.

Are those numbers indicating a good company?
Or is that clearly a below average company?

The only saving grace was the stock was the stock was selling at a PE below 10.

What did it mean to me?

It was simple.
A clearly an average stock trading at a slightly cheaper valuation.

Would I buy just cos of the low PE?

My answer then is no.
and my answer in the future is still a no.

and oh yeah...
I never did mention it...
but this stock actually was recommended by my broker to me...
reason simple.
Someone has plans for it in the wok.
That's all.

Now I am not a wok player.
I am not that kind of trader.

Never worked no matter how much effort I put paper trading such stocks.
Always at someone's else mercy.
But this is my poison.
yes?


anyway...
the stock profits did improve...
as profits went from 16 million to 23 million.

Now is it justifiable to be a multi bagger?

check the track record...
check the balance sheet....





I would miss such stock a million times.
And I would also miss stock like BRAhim a million times.

It's not my type of game.






pssst.
sometimes it is a waste of time talking to someone with vested interest in a particular stock.
cos not many like to hear the weakness in their stock selection.

Purpose of such stuff I'd to develop your trading kindest.

ps: remember last time when we first talked about Inari?
wasn't it trading close to its highs then?

remember when we first talked Homer boy?

wasn't it near its highs then?



afraid of highs?


and what about downtrend stocks?
sometimes.... the downtrend can last years...... and the stock can go even lower.....

ever wonder?







need to add more poison....

How on earth do I know what I was talking about here?

Embrace the highs........





This is the thing yes?

High...scared fall

But then....when low.....why no scared the more deadly duo....
Ie.....low for a long time / the low keeps getting lower?

Mystery of the world?




But when a stock hits a high...
There must be a reason right?

When a stock becomes a four bagger...
How many highs would we keep seeing?

Hoiiiii.....

Stay focus la.

How many stocks you mau screw at one go?








Past 2 months...
You hot hand la....
Up now....errr...30%?

No siput siput laaaa.....

if 10%....
it means you are leaving a LOT of $$$ on the table......



if you don't mind me saying....
I see you enjoy analyzing companies..... a lot of companies...
This is good but the bottom line is making money....

how do you think you can improve?

Don't so ham sap.
Love one at a time....
don't so flower flower ...............


Remember the saying...
The big money is in the waiting....


compare it ........
see?




5 sectors?
Maybe a bit too much.... I think....
Choose the stronger 2....

u think can help?

using sma stuff has a lot of weakness.
in your case.. the stock, doesn't fall down exactly to your targeted sma prices...
and sometimes... on the other hand... some rely and expect to see support at their targeted sma levels... but some how, shit happens and the stock falls right thru......

you agree?

what it falls way below?
and in the wake of profit reports...
you would then start questioning yourself....
what if the 'selldown' is caused by insiders ....
and what if the insiders are selling caused they got wind of a unexpected poor quarter?


oh ya... you do know that I can make mistakes (esp my fundamentals)........

Dude... seriously.... never trust me or anyone else.

It's the one big rule in the stock market.

Even then...... for me (my poison) ..... there's no exceptions....
I will follow no one - not even those who show their read trading list and their actual winnings.....



This post has been edited by Boon3: Oct 25 2015, 12:28 PM

Sure boh your crocodile tears?

Simply rotan my rotan will soon be rotten la.



These stuff is your MARKET STRATEGY.

Knowing the fundamentals is your knowledge, your firepower.

Now to win the war, you will need the strategy.

You think your strategy, ok bo?



This post has been edited by Boon3: Oct 26 2015, 06:42 PM

How to win a war without strategy?




Today so free to talk about average company like Padini?