I was working

Buying undervalued stocks when the uptrend is back

Last time I bought undervalued stocks during downtrend, it went down even more and I had to wait months until profit

It is still in the channel for now

Waiting Uncle Boon to verify uptrend, it looks like a bull flag waiting to breakout

HOLYSHIT. Tesla and bitcoins? Steel?

Congratulations Thats a lot

Too expensive for me, and insider keeps dumping (transferring from strong holders to weak holders despite price is still on the rise)

Bursa, when you lose money, you will learn the most valuable lesson. Best lessons are learnt through pain

Finance index broke out, can start collecting slowly

The fact that FF has been buying since 7 Jan is already very good , only local institutions are selling now

Seeing how much the finance index has dropped, maybe priced in? If not, why would it start rallying 4 days before MPC meeting?
But we will see

Too hard to guess what is in investors/gamblers mid. Just sticking discipline-ly to my FA/TA

Left 50%

Well the finance index broke out . To me, they are just super cheap, whenever there is uptrend, I will go in.

When there is a major correction, these little to no premium stocks might be affected the least

Also I bought the cheaper ones la, if really crashes later when major correction happens, at least I wont be panic selling

This post has been edited by HereToLearn: Jan 14 2021, 09:51 AM

I also feel damn expensive, thats why no buy tech, but looking at the tech index trend, it only goes up like Nasdaq.

Look into their projected NP into 2022/2023, at current price, the growth can only lower it to PE 25-35 ish.
If they are expected to still growing at this rate, then it might ok to take on the risks, but we dont know about that. That's why I dont feel like taking this unnecessary risk to buy into counters with high forward PE. Even gloves Forward2023 PE are way cheaper (except harta, forward23 PE quite close to that of tech)

Yes, back then the local IBs keeping singing the high TP for that counter, saying how good it was gonna be despite the expensive valuation.

Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns.
At this price, better dont touch

Hahaha, dont touch, you need to see beyond dividend yield... Look at its revenue and profit y-o-y, keeps decreasing every year. U will get fcked up holding that stock.

Is Covid is actually that serious though? One of my family member actually got covid, but it was like a normal flu to him/her, discharged already.

Despite staying under the same roof, none of us except he/she got it. We did not practice social distancing and wear mask in home before he/she was tested positive. We did not practice social distancing and wear mask in home after he/she was discharged

This post has been edited by HereToLearn: Jan 15 2021, 02:51 PM

Tech theme is here, as long as Tesla, nvidia and/or amd dont pop. Buy high, sell higher

Genetec and hightec market cap smaller than 100m (before they limit up), can be easily pushed by syndicates.

This post has been edited by HereToLearn: Jan 18 2021, 01:58 PM

At current PE, techs look like gloves 2.0 in the making. Unlike gloves, that will experience -ve eps growth in 2023, techs wont be experiencing -ve eps growth yet according to analysts currently available projection

So what will be able to trigger the drop?
Tesla, amd and/or nvidia bursting/deflating (with growth rotation into value)?

If there's nothing to trigger the drop, I think there's a possibility that the techs will continue to inflate.

I am not buying la


After closing techs, which sector are you going into?

This post has been edited by HereToLearn: Jan 18 2021, 02:27 PM

Big whale spotted?

I think it would require a fund with more than 1mil to make a dent in the price if he/she decides to all in at once.

Oh please, when genetec, hightec, pmbtec and random-tec are going up, it is more like gloves back in july-august already. It was during that time that all the not-so-related stocks flew:
- LKL went from .53 to 1.8.
- HLT went from .71 to 3.18
- Escream

This is exactly like the final push back then in July-August for the pandemic theme not-so-related stocks. This is the perfect time to buy high, sell higher. Expecting some of these counters to continue their gravity-defying rise fueled by retailers' greed (with the combo of left hand to right hand play by syndicates), and then finally dumped by syndicates.

Such things only happen when the actual 'related' stocks are near their peak. Plan your exit, and start parking at the next possible booming sector in bursa or leave bursa for emerging markets.

At least this time, the insiders/directors/employees (exercising ESOS and dump) are smart to lock in their profit, see how quickly they are disposing their shares this time compared to the gloves' directors e.g. Greatec, UWC, D&O.. sell dreams to the investors and run themselves

I even saw people classifying FPI as TECH LOL. And still ppl buying/syndicates changing hands to push price up even knowing that their QRs are seasonal.

Again, this offers very good opportunity for advanced traders to buy for short-lived mini rebound later.


Rotational play from growth to value is coming soon, waiting Tesla deflating/burst to trigger the mass rotation

This post has been edited by HereToLearn: Jan 18 2021, 06:58 PM

I would have hold a little bit longer if I were you, let the syndicates and greater fools to pump for you to dump higher.

Well, the related techs have been uptrending for almost a year.
It took them 7 days to pump to the not-so-related gloves counters to the peak and dumped. Just for your reference for you to plan your exit.

IMO, there's no need to rush selling now, let the syndicates and sohais to pump for you .

Could be shorter-lived this time around, if retailers have learnt to be smarter. Pre-celebrating your gains

He is at +60%, pretty safe territory.

This post has been edited by HereToLearn: Jan 18 2021, 07:06 PM