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 Traders Kopitiam! V8

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SUSPink Spider
post Sep 11 2015, 03:57 PM

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Short answer - if u are not a full/part-time trader relying on your investments profits to finance your (current) life...u DON'T NEED realised profits as a measure of the success of your investments. sleep.gif

Community service again...

Don't feed the troll Devil's Advocate yawn.gif

This post has been edited by Pink Spider: Sep 11 2015, 03:57 PM
gark
post Sep 11 2015, 04:00 PM

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From: Penang, KL, China, Indonesia....
QUOTE(Pink Spider @ Sep 11 2015, 03:57 PM)
Short answer - if u are not a full/part-time trader relying on your investments profits to finance your (current) life...u DON'T NEED realised profits as a measure of the success of your investments. sleep.gif

Community service again...

Don't feed the troll Devil's Advocate yawn.gif
*
Admit it.. we are all desperate gamblers.. laugh.gif laugh.gif laugh.gif

Maybe that what he wants to hear.. tut tut..
cooldownguy86
post Sep 11 2015, 04:02 PM

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From: Ampang
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
*
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

This post has been edited by cooldownguy86: Sep 11 2015, 04:03 PM
TakoC
post Sep 11 2015, 04:03 PM

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QUOTE(Pink Spider @ Sep 11 2015, 03:57 PM)
Short answer - if u are not a full/part-time trader relying on your investments profits to finance your (current) life...u DON'T NEED realised profits as a measure of the success of your investments. sleep.gif

Community service again...

Don't feed the troll Devil's Advocate yawn.gif
*
I kinda don't agree with this part "u don't need realised profits as a measure of the success of your investments".

By holding off your unrealised profit when it already reach your target and seeing your losses get wiped out is a failure.

Knowing when to buy is as important as knowing when to sell. I'm sure you in the market long enough to know about it.

You can have A LOT of unrealised profit, but you don't realise it's no use.

I was only making a point to him that once you started investing, you will have unrealised profit/loss. Because he was earlier saying what's the point of holding on to unrealised profit. But once you start investing, you will have unrealised profit and loss.
gark
post Sep 11 2015, 04:05 PM

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From: Penang, KL, China, Indonesia....
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
*
HDD is sunset industry already ler.. in fact desktop pc also going sunset soon...

Solid state media is the future.. it is used in your smart phone, ipads, notebook, pc etc ... although relatively expensive for high volume.

Better yet.. 3G/4G/LTE phone signal chips is even better, everything use them now. Can you guess which company makes em? laugh.gif

This post has been edited by gark: Sep 11 2015, 04:09 PM
wodenus
post Sep 11 2015, 04:05 PM

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QUOTE(TakoC @ Sep 11 2015, 03:52 PM)
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.


Right? what do you do with the paper profit/loss that you have, that is the question.

SUSPink Spider
post Sep 11 2015, 04:06 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


QUOTE(TakoC @ Sep 11 2015, 04:03 PM)
I kinda don't agree with this part "u don't need realised profits as a measure of the success of your investments".

By holding off your unrealised profit when it already reach your target and seeing your losses get wiped out is a failure.

Knowing when to buy is as important as knowing when to sell. I'm sure you in the market long enough to know about it.

You can have A LOT of unrealised profit, but you don't realise it's no use.

I was only making a point to him that once you started investing, you will have unrealised profit/loss. Because he was earlier saying what's the point of holding on to unrealised profit. But once you start investing, you will have unrealised profit and loss.
*
U buy at 1.00
Market sentiment bad, dropped to 80 sen
But that company is fundamentally SOLID
And u don't need the money to buy your dog food and necklace for your mistress and your condoms supply
Next week, up to 1.20

I'm sure u know I'm implying which company, right? whistling.gif

If u cut loss at 90 or 80 sen, see what u are losing? wink.gif
wodenus
post Sep 11 2015, 04:07 PM

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QUOTE(TakoC @ Sep 11 2015, 04:03 PM)
You can have A LOT of unrealised profit, but you don't realise it's no use.


It's like you have a lot of money.. but you don't. Right? smile.gif

QUOTE(TakoC @ Sep 11 2015, 04:03 PM)
I was only making a point to him that once you started investing, you will have unrealised profit/loss. Because he was earlier saying what's the point of holding on to unrealised profit. But once you start investing, you will have unrealised profit and loss.
*
I think you misunderstand me a bit.. I understand that you can have that.. my question is what do you do with it? I understand what you do with money.. you spend some and save the rest. But what do you do with an unrealized profit?

This post has been edited by wodenus: Sep 11 2015, 04:23 PM
TakoC
post Sep 11 2015, 04:17 PM

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QUOTE(Pink Spider @ Sep 11 2015, 04:06 PM)
U buy at 1.00
Market sentiment bad, dropped to 80 sen
But that company is fundamentally SOLID
And u don't need the money to buy your dog food and necklace for your mistress and your condoms supply
Next week, up to 1.20

I'm sure u know I'm implying which company, right? whistling.gif

If u cut loss at 90 or 80 sen, see what u are losing? wink.gif
*
Other scenario.
U buy a stock 1.00
2 weeks it went up 1.50
U sell?
50% already wor.
U hold on thinking it's only 2 weeks.
Although only hit your individual target of 20% per stock
Market sentiment turn bad.
1.50 down to 1.00.
Worst off 80cent now.
How?
TakoC
post Sep 11 2015, 04:20 PM

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QUOTE(wodenus @ Sep 11 2015, 04:07 PM)
It's like you have a lot of money.. but you don't. Right? smile.gif
I think you misunderstand me a bit.. I understand that you can have that.. my question is what do you do with it?
*
It's like asking me if I know how to time the market I would have made 2 years worth of target profit in 1 year time.

So share with us. How u do with it?

Buy stock 1.00. Not trading.
Food fundamental stock
2 weeks up 20%
U sell? 2 weeks only.
Or u will hold?

Lots of thing to consider right?

Let's say u choose to hold. Market turn bad. Boom. All profit wiped out. U are back with that question.

If you choose to sell, good job. Lady Luck with is you. You time the market out of luck + market prediction.
SUSPink Spider
post Sep 11 2015, 04:21 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


QUOTE(TakoC @ Sep 11 2015, 04:17 PM)
Other scenario.
U buy a stock 1.00
2 weeks it went up 1.50
U sell?
50% already wor.
U hold on thinking it's only 2 weeks.
Although only hit your individual target of 20% per stock
Market sentiment turn bad.
1.50 down to 1.00.
Worst off 80cent now.
How?
*
VALUATION, valuation

If u think it can go all the way to 2, or even 3

Why sell at 1.50? Why worry at 80 sen?
Again, assuming u don't need the funds anytime soon. Market sentiment mar, let it fluctuate lor...

For me, I'm no trader, I don't set target profit or stop loss. I invest on valuation.

Maybe u trader, different icon_rolleyes.gif

This post has been edited by Pink Spider: Sep 11 2015, 04:21 PM
TakoC
post Sep 11 2015, 04:27 PM

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QUOTE(Pink Spider @ Sep 11 2015, 04:21 PM)
VALUATION, valuation

If u think it can go all the way to 2, or even 3

Why sell at 1.50? Why worry at 80 sen?
Again, assuming u don't need the funds anytime soon. Market sentiment mar, let it fluctuate lor...

For me, I'm no trader, I don't set target profit or stop loss. I invest on valuation.

Maybe u trader, different icon_rolleyes.gif
*
Conflicting yourself bro.
I thought I heard u invest in dunno what stock.
The stock moved up and the DY got too low.
So u sold it off.
So what valuation?
U not confident it can move up more?

Valuation very subjective one la. U value a stock using PE.
PE valuation is very subjective. 5 years average peers PE u don't take, take 3 years. Both PE too low. U exclude some peers that drive down your PE.

So what valuation?

I'm not saying u're wrong. I'm trying to know when to sell off a stock too. But for now I always regret I didn't sell. Lol. Recent 1 year la.

This post has been edited by TakoC: Sep 11 2015, 04:28 PM
SUSPink Spider
post Sep 11 2015, 04:29 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


QUOTE(TakoC @ Sep 11 2015, 04:27 PM)
Conflicting yourself bro.
I thought I heard u invest in dunno what stock.
The stock moved up and the DY got too low.
So u sold it off.
So what valuation?
U not confident it can move up more?
*
My valuation criteria is BOTH P/E and DY...

Which stock u mean oh hmm.gif

Apollo? Or Hup Seng?
if yes, both are by no means growth stock...of course I'd sell it off when DY got too low

See Karex...DY 1% pun takda, yet I keeping tongue.gif

This post has been edited by Pink Spider: Sep 11 2015, 04:29 PM
cooldownguy86
post Sep 11 2015, 04:32 PM

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Senior Member
896 posts

Joined: Jan 2003
From: Ampang
QUOTE(gark @ Sep 11 2015, 04:05 PM)
HDD is sunset industry already ler.. in fact desktop pc also going sunset soon...

Solid state media is the future.. it is used in your smart phone, ipads, notebook, pc etc ... although relatively expensive for high volume.

Better yet.. 3G/4G/LTE phone signal chips is even better, everything use them now. Can you guess which company makes em?  laugh.gif
*
sushi ah? new capex getting ready next few q?
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
wodenus
post Sep 11 2015, 04:36 PM

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QUOTE(TakoC @ Sep 11 2015, 04:20 PM)
Let's say u choose to hold. Market turn bad. Boom. All profit wiped out. U are back with that question.


Right? I need to see the point so I'm asking all of you experienced traders and investors.. it always seems as if I'm missing the point somewhere. You seem to make money you can't spend and can lose tomorrow. I'm trying really hard to see why all this is not just a terrible waste of time and effort. I mean, you guys are in it like full time, I just tried it once, and even then it was heavily hedged and I maybe made 6% lol.. there was a lot of studying involved, and then the conditions had to be almost perfect. And even after that there was constant studying and worrying, and reading, and planning, and strategizing, and more reading, and planning, and calculating.. and all I made was 1.8% above FD rates tongue.gif

But at one time yes there was this huge paper profit that I did not know what to do with.. I think at one point it was 20% or something like that. And then I was like "wow.. now I can buy some really good stuff" but it disappeared the next day. Eventually I got tired of all this and dumped it.

And yes I sound like I am trolling again, but I am really trying very hard to understand why this is not just a terrible waste of time and effort. And yes if you are thinking "if you think it is.." well yes but I want to know why you don't think it is.. obviously you get it and I don't.. and I want to get it.

This post has been edited by wodenus: Sep 11 2015, 05:01 PM
wodenus
post Sep 11 2015, 04:44 PM

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QUOTE(Pink Spider @ Sep 11 2015, 04:21 PM)
VALUATION, valuation

If u think it can go all the way to 2, or even 3

Why sell at 1.50? Why worry at 80 sen?


When it goes down.. what makes you think it will go up again? what makes you think the market will agree with your valuation?

QUOTE
Again, assuming u don't need the funds anytime soon. Market sentiment mar, let it fluctuate lor...


Then you are incurring a huge opportunity cost right? because you are getting older and that money is not being really productive or anything.

QUOTE
For me, I'm no trader, I don't set target profit or stop loss. I invest on valuation.


So why did DIGI's valuation suddenly turn bad the day you sold it?

SUSPink Spider
post Sep 11 2015, 04:47 PM

Formerly known as Prince_Hamsap
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Joined: Jun 2011


QUOTE(wodenus @ Sep 11 2015, 04:44 PM)
So why did DIGI's valuation suddenly turn bad the day you sold it?
*
I sold at price where DY = <4% whistling.gif
SUSPink Spider
post Sep 11 2015, 04:49 PM

Formerly known as Prince_Hamsap
********
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Joined: Jun 2011


if u think that u are a God of Stock that can spot 1 or 2 good, sure-win stock, go ahead and do it, show hand

I'm a realist, I diversify, 1 or 2 underperforming stocks won't throw my investment plan off-board whistling.gif
SUSPink Spider
post Sep 11 2015, 04:53 PM

Formerly known as Prince_Hamsap
********
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Joined: Jun 2011


QUOTE(wodenus @ Sep 11 2015, 04:36 PM)
Right? I need to see the point so I'm asking all of you experienced traders and investors.. it always seems as if I'm missing the point somewhere. You seem to make money you can't spend and can lose tomorrow.
*
<--- FD thread is over there

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