No sifu here woi.

Tembak sana tembak sini saja.

But I try not to trade in pure goreng stocks. Very suey one. No luck at all. I got burnt badly before.

I tried to use a combination of valuation + fundamental + momentum.  Not completely risk free but the odds are much better than going into pure goreng stocks.

I like to compare stock trading with playing blackjack. In both situations, we are calculating the odds and trying to minimise the risks. When the House is showing an Ace and we have a Six, it is suicidal to double down.

But when the House is showing a Six and I have an Ace or two Aces, then I will double down or split the Aces.

When I see a goreng stock with zero valuation and weak fundamental, I know it is extremely high risk. Do I want to make a potential 20%  profit with the risk of losing 20% or more? It is a 1:1 risk reward ratio or worst. It doesn't seem to be worth it.

What do you think? My method can work or not? 

The pure chartists here are probably going 

Kinda stuck now man.. I look at its behavior quite a bit.. seems to be stabilizing at 0.8.... Today it went up 0.9 mini bull then slowly pulled back.. I wonder if it will break 1.0 again then perhaps I can get out safely...

I don't plan on holding this long term, as of now I'm just waiting but it's receiving support at around 0.77 then went back to 0.8. Seems like some groups are keeping it there. It's been red since monday, today it closed green. Perhaps, I'll wait till next week to evaluate. If it kept floating around 0.7~0.8 then I will probably cut loss. What do you think?

I agree. i3 was my go-to for stock investment a few years ago, until I realised it was a toxic place, full of deceit and fake gurus promoting their stocks. Now, I only use it for easy dividend reference and price targets from research reports. Lowyat is better for discussion, and less toxic. But still, for newbies, the best thing is still to learn from books like Peter Lynch or Google some prominent investors' strategy like Buffett or Templeton.

For Top Glove, total shares of 16,700 at an average cost of RM7.373.

For Supermax, total shares of 12,600 at an average cost of RM8.486.

Just to give some comfort to the other forumers here who are "trapped" in glove stocks. 

This DIY.....i'm looking at them since IPO RM 1.60.....after small hiccup then keep going up and up almost double IPO price.......i dunno how to valuate this business.....

I am also holding Careplus. My average costs is RM3.090.

Your average price for Careplus is too high....just my view.

Bursa Malaysia is really mafia style. This news was first reported by the Edge newspaper last Sunday.

"KUALA LUMPUR (Dec 10): Inix Technologies Holdings Bhd’s former chairman Wan Kuok Koi has been blacklisted by the US due to his activities at the helm of the 14K Triad, according to a report.

Reuters reported that the US had slapped sanctions on Wan, who is the leader of the organised crime group involved in drug trafficking, illegal gambling, racketeering, human trafficking and other criminal activities....
Meanwhile at Inix, after a short stint of four months, he resigned from his post on Dec 2. On the same day, Inix announced the appointment of Tan Sri Mohamad Fuzi Harun, a retired inspector-general of the Royal Malaysia Police, as its independent and non-executive chairman, although he, too, resigned from his role a mere five days after the appointment".

https://www.theedgemarkets.com/node/545288

Thanks for advice. Truth be told when Moo wanted to call for emergency that time, I wanted to go in more but failed to (chicken out). I am only around 30% vested out of 100% planned investments. Profit around 5% of the 30% vested currently. So the rest of the money went into FD at 2.5%...

My bank stocks at one point went down more than 20%, so now when it is up to slight green, urge is there to sell. Like US stocks, went down more than 20% to only go up in slight green. Sold it to only see it goes up much more. The rollercoaster not for the faint hearted. Anyway I decided to hold on until around Christmas time. Hope no big negative event happens.

If you want to hold long, just leave it there and dont look.

My EPF withdrawal to PB Growth Fund was negative 30% after leaving there for 1 year+. Withdraw last month after it turned green by about 10%.

Insas drop to 38c, I dont really bother, cost 1.08. Now already 88c.

Homeritz drop to 37c, cost 68c, now 1.06

If your holding is good stocks with plenty of cash/assets to burn, they will get through whatever crisis in front. If you hold goreng stock, then god bless you. Just dont be greedy. If you had a lot of money, then separate the funds. 75% buy good stocks to hold, no eyes see, collect divvy. Balance you want to goreng or whatever, just go for it. Year end, do the math and see which one suits you more.

Anyone holding Tasco ?  Another silent star performer as well

I cannot brain our market :confused: . Frenzy buying on banking stocks when NPL may just be around the corner. Do correct me if I am wrong

There's this thing called loan loss provision (acted as buffer against NPL), they have already allocated a huge amount for that. So basically the coming NPL will be absorbed by this fund.

Rose most likely because, the NIM is normalizing instead of temporarily decreasing when OPR started to be cut. When OPR starts rising, NIM will be temporarily raised.
So when OPR starts rising, banks will temporarily do better.

When you start seeing OPR rising, the share price will be shoot even higher temporarily. Like how it plungged temporarily due to OPR cut, one off modification loss and NPL. Since, you know that this improved in fundamentals due to OPR rising is temporary, and the share price will only be elevated temporarily. You should start exiting once the OPR stops rising.

I am also monitoring this, saw it on its <RM10 before, but not chasing low...just not sure what would be a better price to enter. Anyone has any insight to share on this, hehe...
Thank you very much!

If you have 4 lot, then give you extra 1 lot.

After ex-bonus, the opening price for next day will be adjusted accordingly.
Eg. if close at Rm22.00, ex-bonus 1: 4.
The next day opening reference price will be Rm22 x 4 / 5
= RM17.60.