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 Traders Kopitiam! V8

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TakoC
post Sep 11 2015, 03:15 PM

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QUOTE(wodenus @ Sep 11 2015, 03:13 PM)
Can't understand this.. what is a good profit if you can't spend it smile.gif
*
Can't understand you too.. U mean unrealised profit?
TC-Titan
post Sep 11 2015, 03:16 PM

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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
wodenus
post Sep 11 2015, 03:17 PM

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QUOTE(TakoC @ Sep 11 2015, 03:15 PM)
Can't understand you too.. U mean unrealised profit?
*
Yes.. you can't spend your unrealized profit.. it's so weird, like you have money but don't have money smile.gif

TakoC
post Sep 11 2015, 03:20 PM

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QUOTE(wodenus @ Sep 11 2015, 03:17 PM)
Yes.. you can't spend your unrealized profit.. it's so weird, like you have money but don't have money smile.gif
*
You're weird. So let's say you buy a stock, you make a good profit although you hold less than 2 weeks for example.. Or 1 month..

And you so happen to share it out say you making a good profit. I'm sure you have paper profit which you still holding.

Unless you said you will only share you profit once it's been realised than I have nothing to say.
SUSPink Spider
post Sep 11 2015, 03:23 PM

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Devil's Advocate come kacau here pulak tongue.gif
wodenus
post Sep 11 2015, 03:23 PM

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QUOTE(TakoC @ Sep 11 2015, 03:20 PM)
You're weird. So let's say you buy a stock, you make a good profit although you hold less than 2 weeks for example.. Or 1 month..

And you so happen to share it out say you making a good profit. I'm sure you have paper profit which you still holding.

Unless you said you will only share you profit once it's been realised than I have nothing to say.
*
Maybe I'm weird, I think money is something you can spend smile.gif see let's say I have Rm500 this month, I can spend Rm100 this month (for example.) But if you have say Rm500 paper profit, how do you budget?

This post has been edited by wodenus: Sep 11 2015, 03:24 PM
TakoC
post Sep 11 2015, 03:27 PM

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QUOTE(wodenus @ Sep 11 2015, 03:23 PM)
Maybe I'm weird, I think money is something you can spend smile.gif see let's say I have Rm500 this month, I can spend Rm100 this month (for example.) But if you have say Rm500 paper profit, how do you budget?
*
Answer me my question above first.

1. Do you have paper profit?

2. If yes, if you don't ever share you make some good profit on some stocks you haven't realised then I understand your initial intention of your comment.
gark
post Sep 11 2015, 03:30 PM

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QUOTE(Pink Spider @ Sep 11 2015, 10:58 AM)
today still red day...big cap like TNB not red consider good liao tongue.gif
*
Look at TNB now... brows.gif
wodenus
post Sep 11 2015, 03:31 PM

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QUOTE(TakoC @ Sep 11 2015, 03:27 PM)
Answer me my question above first.

1. Do you have paper profit?

2. If yes, if you don't ever share you make some good profit on some stocks you haven't realised then I understand your initial intention of your comment.
*
1. I did once. I had this exact same problem.

2.No I don't usually share any profits.. but all the same I'd like an answer to that because I had this "how much do you budget" problem.

gark
post Sep 11 2015, 03:33 PM

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QUOTE(Boon3 @ Sep 11 2015, 11:02 AM)
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
*
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
gark
post Sep 11 2015, 03:34 PM

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QUOTE(Boon3 @ Sep 11 2015, 12:46 PM)
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
*
SAM not too bad wor...

USD driven profits.. Boon you should like it.

Aerospace engineering is currently supporting this counter. thumbup.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
gark
post Sep 11 2015, 03:39 PM

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QUOTE(holybo @ Sep 11 2015, 01:28 PM)
It is true that the rig count is down. But the oil production still stay put and demand still do not increase much. Now people keep storing oils (1-2 mil barrels per day).. In addition, we need the oil companies die FASTER so that the industry reshuffle, global demand pick up significantly / disaster affect significant production before oil price have significant move.

Otherwise, oil price still need to wait.. I believe USD 60 for WTI should be the cap in a few years. When the oil price go back to USD 60, shale oil operators will start again. Furthermore, shale oil manage to cut production cost to 40-50USD.

Just my 0.0001 cent thought
*
True, shale oil some drillers cash cost is just $20 now in eagle ford. But they way they reduce cost is not sustainable, they do it by abandoning higher cost wells (hence rig count reduce) and pump the sh!t out of their cheaper wells with multiple direction and do the same location over and over again to save cost. Mind you shale oil wells have lifespan of only 1-2 years normally, but at the rate they are taking from their profitable wells, it will run out in a year max. After run out they have to drill new wells, that is where the major cost comes in.

Even if oil goes to $60-$80, they will be scared to open lots of new wells, as they scared OPEC will kacau again.. get burned once, twice scared... laugh.gif laugh.gif laugh.gif

This post has been edited by gark: Sep 11 2015, 03:39 PM
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
gark
post Sep 11 2015, 03:40 PM

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QUOTE(TakoC @ Sep 11 2015, 03:04 PM)
I don't even bother to average down on my O&G stocks now. But in a few blue chips during the correction. Making some good profit now smile.gif

Year end window dressing coming too tongue.gif
*
Haha i am still average down on OnG..

Psst look at Armada today.. brows.gif brows.gif

Oh I did pick up a few blue chips here and there,..as well.
gark
post Sep 11 2015, 03:43 PM

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QUOTE(Boon3 @ Sep 11 2015, 03:37 PM)
laugh.gif

it's not a suggestion ....

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

biggrin.gif
*
Snake oil ... snake oil.. come get some. whistling.gif
wodenus
post Sep 11 2015, 03:45 PM

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QUOTE(Boon3 @ Sep 11 2015, 03:40 PM)
ROFLMAO!

laugh.gif  laugh.gif  laugh.gif
don't torture yourself laaaa.................... tongue.gif
*
People are going to say I'm "trolling" again lol.. but seriously what is the answer to this? it's like today someone gives you a lot of money, and then you think of the so many things you can buy with it.. but tomorrow he takes it away smile.gif how do people know how much to spend like that?
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
TakoC
post Sep 11 2015, 03:52 PM

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QUOTE(wodenus @ Sep 11 2015, 03:31 PM)
1. I did once. I had this exact same problem.

2.No I don't usually share any profits.. but all the same I'd like an answer to that because I had this "how much do you budget" problem.
*
I don't have an answer to that. You're like asking how much is enough for you to sell. I learn my lesson not to hold on a profit for too long. Rather make less then have all of them erase.

As to not sharing your profit, I guess I slightly understand now. And u said you did have unrealised profit once. That's a little confusing. When you invest, you'll have unrealised profit or loss. Even if it's 1 day, 1%. But since you said you don't share it, means it's all good.

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