Very true. You can easily earn money from trading using human psychology - just earn money from other silly traders. I am not good at human psychology and trading. Thats why I dont trade.

Btw, I do not have a finance degree

RIP

This post has been edited by HereToLearn: Aug 7 2020, 08:16 PM

1st of all, just look at the P/E = 200, the business needs to have a very high ROE to justify this price. Usually any stocks with PE above 20, I dont bother looking into details.
If I own anything that its PE rises above 50, I will just sell. TERMS AND CONDITIONS APPLIED

Now, lets get to the FCF numbers,
According to my source: https://www.msn.com/en-us/money/stockdetail...s-hlt/fi-al9nlh
2016: -3.0
2017: 2.7
2018: -4.8
2019: 9.7

The numbers look so different from my source here. According to your source, its FCF will be growing about 30M annually. That is way too optimistic.
Good luck

*I am not saying that it wont rise in price, not asking you to sell* I cant predict the future, a share price is as good as what the next buyer is willing to pay for. Just like how people paid 1300psf for so-so properties back in the property boom. Now, all hailat liao

This post has been edited by HereToLearn: Aug 7 2020, 09:12 PM

Cant agree more on this, with the trading hype going on strong, people just buy anything slightly related, and then make up fantasy stories to justify their decisions.

Maybe influenced by the experienced traders/gurus out there to trap new buyers. In trading, experienced traders can only earn from what others lose unless they are selling courses.

-ve with banks, bought them too early, looked solely at fundamentals when the PEs were close to 10 (for long term investment), did not take market sentiment (trading hype, 0 fundamentals decisions, anti-banks) into account. Burned my hand

+ve with takaful, but could have bought them at lower price, again I am very bad at technical analysis. Didnt know (still dont know) how to find good entry price so just bought at the price offered (BAD MOVE). Now that I have learnt that, I queue my counters 5-10% lower than its current price. if it hits, i get, if it doesnt, use the money to buy other counters

Considered to topup more, but looking at the market sentiment now, I do not see the rush of topping up.
Waiting for Sept 30, with the hope of gloves selldown (bull-turned-bear market sentiment) will help crashing my counters even more, to top up at even cheaper later . Others might think that I am psychotic hoping the market will crash the counters I own, but the way I see it is more free discounts.

I considered to buy Genting too. But maybe after 2020, theme park (extra revenue) will be ready in 2H2021. Dont see the rush to buy in now with this market sentiment (trading hype, 0 fundamentals decisions). Might drop more than banks in the shorter term as casino and hospitality revenue wont resume as early as banks (forced loan repayment), which is good , more cheap stocks to buy later for long term.

I am also queuing for another 4 counters that I see them as fundamentally strong undervalued companies. Still havent hit the price I want, praying for the market crash to help me to get at least 2 of these counters . If I dont get, can always use to buy others later, no FOMO.

This post has been edited by HereToLearn: Aug 7 2020, 09:52 PM

Nice one!!

Pretty sure, a lot of people here dont know about the tulip mania though

IF supermax PAT/Q > 500 (without any one off earnings like careplus), I will hoot some in

Only time will tell. If QR really > 500m, I am willing to hoot, even if there will be any vaccine production in the near future

https://www.firstpost.com/health/russia-cla...er-8679581.html

This post has been edited by HereToLearn: Aug 7 2020, 11:56 PM

Something not so relevant here. But can someone confirm if there is a limit to how many posts can we like per day? Sometimes when I click on the like button, it just doesnt work

Dont solely depend on simply wall st's number. According to the source, HLT is significantly undervalued, but when you dive into the numbers. They dont make sense.
See my post @ Aug 7 2020, 09:10 PM to reply lurker77's @ Aug 7 2020, 08:32 PM

Share this out, so that less people will rely solely on simply's wall st number to make investing/trading/gambling decisions.

This post has been edited by HereToLearn: Aug 9 2020, 04:00 PM

Sorry brother, my bad. I thought you were quoting simply wall. A lot of forumers here just quote simply wall without understand the underlying calcs to get the valuation. They dont veen bother to verify if the numbers used for calculations make sense.

Hopefully. If the PAT numbers dont reach the required values on Monday, the price wont go up much more, so that the blow-off phase will be more bearable.

Also, the graph looks very similar to carepls graph now.



This post has been edited by HereToLearn: Aug 9 2020, 04:14 PM

Splitting doesnt affect the underlying business though, just on graph wise, share price there will be a vertical leg down. But you will still have total amount.

This post has been edited by HereToLearn: Aug 9 2020, 04:19 PM

Something not relevant here, do we have limit to the number of likes that we can give per day?

Dont worry man, the share price drops do not necessarily mean that your share is losing its value. People are just chasing high in gloves now. They will return after the gloves hype.

Just like how the buyers were trapped by property gurus during the property boom. Now, a lot of the properties have lost about 50% of the price (not value, they were already overvalued, but overly zealous buyers continued to chase high) in the auction. This turns lots of the property gurus into auction gurus, trapping buyers in auctions instead of new projects.
Thanks to them, auction prices are unlikely to drop anytime soon.

I wonder when the auction hype is over, where will they hunt next?

UP.

A lot to people got hurt listening to the property gurus back in the property boom.
Sharing it with the hope that less people will get hurt listening to the syndicate trading gurus.

UP.
Try to ask yourself, in *trading*, there must be winners and losers. If now everyone is winning, then who is losing money? Could that person be you?
Good luck guys

In investing, everyone can make money. You are buying a part of the business, and how much you earn depending on how much the business earn in the long run. Gloves are no doubt good business for NOW, but to pay that extremely high premium to buy part of the business is simply not justifiable (unless the QRs later prove me wrong).

For Harta (since its QR is way below expectations - at above 50%), maybe big players are slowly selling.
Any sudden huge selling volume can trigger significant price drop, making them unable to sell at good price.

For other gloves, maybe people are starting to realize the required PAT is too high (will only be proven when QR is released), slowly selling too?

Just my 2 cents

Set stop loss. Price can change a lot in 2 hours