I think can start consider looking at GHL and MPay. And monitor Ifca's results.

If you follow the news on their upcoming projects, recent warrant exercise, private placement and new major shareholders and some parties in SG, that should highlight something to you.

But I'm looking at this for the long-term and not hoping for a 1 or 2 bagger anytime this year. If it does, then bonus lo.

Thanks Mr Boon for your kind response. Appreciate it. Keeps me grounded to ensure more homework is done for those horse(s).

MPAY's 2nd qtr results will be out next week. Finger's crossed for good news on results, project progress, capex and capital commitment plans.

Probably kena distracted by all your hawt chick profile photos haha

Yep. Totally aware. Still holding for long term. Main support for me will be at 0.23 as it is the private placement price for the new major shareholders.

Key thing for me now is that the they r cash rich from funds from private placement n warrants exercise n r moving towards executing their major projects. Revenue n earnings growth will be few quarters/years later.

Btw, Did you trade between the recent low of 0.18 to the current price now of 0.245?

This post has been edited by TC-Titan: Sep 11 2015, 06:48 AM

boon3 Thanks for your opinion.

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.

I was just about to reply the same thing haha

There are many types of investors and traders.

1. Some play contra within the same day or within the T+2/3/5/7 period. Make RM0.005 to 0.10 per share also cukup if play in super big volume. Some help capitalise on the sudden surge and make RM0.20 to RM2.00++ per share also have.

2. Some are dividend yield investors - emphasize on the appropriate yield and absolute occurrence of dividend payment + capital protection. Some want both capital appreciation + dividend yield.

3. Some are happy trading making 5 - 10% return weekly/monthly.

4. Some are super value investors, willing to buy and hold at decent prices and won't sell until reach 30% to 200%++ for as long as it takes to reach the target.

5. Some play with IPO and private placements to gain a decent advantage and return.

6. Some play with warrants, iculs, rculs etc and leverage on the timing and maturity. If you are good can make 20% to 400% profit.

7. Some mess around with arbitrage on conversion of warrants to mother share and make quick/easy 5 - 10% profit.

8. Some average down or average up on their shareholdings to try to breakeven or get even higher returns.

9. Some purposely hunt stocks with bonus issues, special dividends etc

10. Some target stocks that are potential M&A comps, RTOs, potential privatization comps etc

Some people want their investment methods kept simple to gain X% return. Some want it complicated to gain Y% return. Some just follow the trend, herd, family ,friends, rumours, news etc and and hope to get Z% return. Some do a tonne of homework and aim to get XYZ% return. Everybody's preference on a required rate of return, regardless whether guaranteed or the probability or achieving is different.

Tonnes of ways to make money, but everything requires your time, dedication, competency, your plan/strategy, your vision, experience, confidence, guts, money and some lil bit of luck. Everything added up will eventually have an impact on that small decision of yours - which is to buy or sell.

Easy way out, get someone or an investment firm/bank to invest for you. Or buy unit trust, ASNB, FDs, do real estate investing, business. Everything will have their own risk and return.

Haha ok I add a few more:

11. Boon3's snake oil special investing with killer returns.
12. Pink sheets, red sheets n bull-sheets investing.
13. Wolf of wall street investing, Bernie n Freddie Mac investing.

wodenus this is my 2 cents opinion after briefly going thru some of the recent post between your good self and the rest.

1. Your foreign stocks are from the US market, which is more matured and established then KLSE. KLSE to some extend is relatively new and upcoming. I'm not sure whether you realize this comparison is fair and appropriate?

2. The example given by gark on PBB was a very good example. Do you understand how much our RM was worth 31 years ago versus now? Have you considered for the entire duration the dividends received, bonus issues, rights issue and the capital appreciation etc for that 1,000 PBB shares and how much real return and value you would be getting now if you stayed invested? Have you considered what was the impact if you had purchased new PBB shares every month or year to top up to your initial investment? You are very sure the returns or even dividends for that matter wouldn't be adequate for you now?

3. I have no idea what's your age and how experienced you are in investing/trading. You have a tonne of questions which is good. But perhaps it would be good if you take more initiative to read more investing books, attend courses, do real investing then post more specific questions here in the forum? I see a lot of veterans and friendly people from the forum doing their best to help/entertain you. But you don't seem receptive enough and in a way demand for even more answers without any form of reciprocation and even appreciation.

4. I have listed down earlier on the various types of investors out there. There are tonnes of instruments to invest in. You need to do your due diligence on your target (which market/industry to invest in), weapon (which specific type of stock/instrument to use) and movement (plan/strategy of attack/defense). So have you really figured out what exactly is your target weapon and movement in detail for the next 30 years?

5. To me the definition of dividend yield is as simple as dividend per share versus the current share price. A lot of KLSE stocks (blue chips, REITS, penny stocks) are giving a minimum of 5% yields, which is better than most FD out there. Some aggressive investors demand a minimum 6 to 7% yield for their investments. There are such stocks out there.

The second definition of Dividend yield is also dividend per share versus the share price you initially purchased OR the average share price you purchased to-date. So if you go back to PBB example, can you tell me what is your dividend yield now for the current dividend per share versus the share price you bought 31 years ago. Is that a good enough a return for you?

(P.S: I know of some people (relatives) that are getting RM X mill just from dividends every year bcoz of their past and continuous investment in shares like Carlsberg and GAB a long time ago)

6. There are many stocks which can last another 30 years. No one can correctly predict on this accuracy but at least better to be approximately right and to do some investment then do nothing right? Have you studied what are the recession proof stocks out there? Have you studied on the current major GLCs (e.g PCHEM, PGAS, PDAG) and those related and upcoming GLCs? Can you convince us that this GLCs which are under PETRONAS will go bust next year or so? Have you studied the consumer, industrial and utilities stocks? There is a LOT of opportunities out there, perhaps you really do need to do more homework and discuss with us on your findings?

In the end there is no short cut to success. If you want it go do something and earn it. 30 years is a very long road ahead. But what makes the difference is what you do now and consistently improve on it and stay laser focused in achieving your target.

So far Boon3 hasn't shared his opinion with you yet, which should be interesting.

Such a pity that some people are just too lembu for the wrong reasons.

Must be a mental block and severe attitude problem.

Real scientists back-test past data to prove if a theory or claim is indeed factually true OR they go all out to prove a point by showing pure data-crunching facts. But I see absolutely nil and instead more denial.

Hopefully one day in his life time, he will be enlightened.

Current share price movement immaterial for you

Heard you play bugger bagger de.

Boon3 based on your style of trading/investing.... in your opinion, ARANK ok bo?

- Div yield pretty decent
- Cashflow seems good
- Profit margin is little but still increasing
- Affected to some extend on weak MYR currency vs. USD. But negated a bit by their exports.
- Management quite experienced.
- IV @ FV on most ratios/computations is definitely higher then the current share price.

Yeah. can't expect to make multi-bagger any time soon. At least some double digit return cukup from time to time.

If wana keep for Long term play, then can make money only from:
- their dividends
- capital appreciation when funds start rolling in to mess around with the penny stocks to make a quick profit
- cyclical industry play is on.
- bonus issue.

can buy pop corn n drinks d haha

I want to see how u guys discuss on both your trading/investing strategies lo for Hibiscs.

I'm sure kueyteow has his reasons on why need to cheong Hibiscs right - whether based on technical indicators, fundamentals, juicy rumours, insider story etc.

Just my opinion only...

1. Based on current and past financials - No trade/invest.
2. Based on future prospects and oil prices - No trade/invest.
3. Based on chart - maybe yes for trading if the indicators are right supported with volume and right candlestick patterns.
4. You can ignore all the above and just ride the wave when they choose to goreng the stock. But must press sell button after making your targeted return (5 to 30% return) without being greedy and wanting for more.

Based on the overall chart, a good trader can make a few rounds of profit when the stock rebound. I believe this only applies to those who are familiar with how this counter is traded especially by management and the institutions/funds and roughly know when the goreng session will start and end.

Although there are tonnes of other stocks to trade, but if you know your stock well enough, no matter how shitty the company is, you can still make money.

1. Downtrend for about 2 years since 13/12/13 at the high of 2.73 versus today of 0.68 = 75% drop
2. Each time showing lower highs, lower lows.
3. Probability of current share price going lower then the 52-week of 0.62 is definitely possible.
4. Past few day's trading volume was extraordinary/hyped up due to the announcement of proposed placement of 326.935 million new ordinary shares.
5. Given there is private placement of new shares, I believe the intention is to bring down the share price further, so that the new owner can get the shares cheaper.
6. If based on MACD and overall MA, share price still seems to indicate downtrend or sideways.
7. I'm ignoring RSI and Stochastics.

Overall, no trade for me based on the above points until I see more action on the share price and volume exceeding 20 MA convincingly with further confirmation. Preferably should exceed other MAs too.

I am not aggressive enough to scoop anything below 20 MA, unless I have a few strong fundamental facts to leverage on.

I'm still learning .... Just started to take things more seriously since last year, when I should have done that 8 years ago. Considered quite late for me, but I guess nothing is ever too late if you really want to succeed.

There is a tonne of things to learn and unlearn. So, I'm moving along slowly one step at a time. Need to learn more from Sifu like yourself and hopefully achieve 10 bagger plus one day.

I think Hibiscs chart to some extend seems straight-forward. Other counters tend to be

Wah lau, VS results still looks damn good. Interesting to see how long some more they can continue to grow at that pace.

Funds, institutions and insiders must be damn happy with share price performance with continuous upwards goreng haha.

boon3 Sifu assessment macam mana? Follow trend atau go survey for other better prospect?

--delete-- double post

This post has been edited by TC-Titan: Sep 30 2015, 09:15 AM