I find myself keeping tabs on KGB even though I don't own it because of the forum hype from yesterday.  Hang in there folks.

Another reason of the huge drop of Kgb yesterday. Rhb report said Kgb lost bid for SMIC hookup job. Rhb TP 1.83, sell rating.

No wonder huge vol & drop yesterday.

Just sharing guys. Buy/sell depends on your investing/trading style.

Hello guys. I top up KGB at 1.91 

I have busuk hand. just top up KGB and then start dropping again. ahahaha

did something cause KGB to drop so much?

hahaha

now this thread become KGB thread. 

Waaaaa..all berani top up KGB ya..I was reluctant haha! Phobia average down gloves, and then open even lower..

Aiyo really? Thought I just got to know a siu lui ji that is into investment 😂

Jokes aside, look at Kgb’s downfall today. I’m beyond mortified, cant believe it. Just recently I was making handsome paper profit at 2.6x.
So we’re stuck in the penthouse now. I’m not the kind to simply jump unless the company lost its fundamental strengths. My original TP was 3.1 but guess I was misled by Kenanga. So did you jump?

Thanks for sharing. What’s most painful is seeing Kenanga reporting their buy call again at 2.6 (instead of the recently suggested TP of 3.1) without stating their reasons. It’s hard to take Kenang’s over-the-top TPs seriously anymore. They advocated serbadk for more than a year and nothing happened. Oh well, should’ve known better.

Important lessons to be learned from buying KGB.

1. To hold or to cut when your losses reach -10%? Depends on whether you are an investor or a trader.

2.  If you are an investor, is the stock already full valued in the first place?

3.  For those buying KGB hoping for a rebound today, were there any adverse insider news for the company which was only released TODAY after the stock dropped yesterday.

4. Playing rebound is not easy especially when there is no MOS for the stock and unknown insider news. Otherwise, everyone would be a multi-millionaire.

5. Reports from analysts for the TP is only a guide. Sometimes, the stock analysts or IBs have a vested interest in promoting a particular stock. We still need to do our own research.

6. [please add your own lesson]

If KGB does not rebound next Monday and if anyone followed me to buy KGB yesterday, then a thousand apologies from me. But I did post all the warning signs about KGB yesterday before jumping in....

Let's wait until next Monday. It ain't over until the fat lady sings.

Have a good weekend.

Thanks for sharing uncle.

For me I learned the lesson that I entered KGB at a high price without a clear, sober head. I was thinking that I entered with an investor mindset, I was planning to hold for the longer term. But why did I feel the desperation when my paper profit turner into paper loss? I should only feel concerned if I’m a trader and don’t believe in the company’s fundamentals.

So I felt I bought to early when the trend was strong due to FOMO. Should’ve waited for a better value to enter, a good bargain, as some investor would say.
I was also heavily influenced by Kenanga’s 3.1 TP back then. It was a combination of many mistakes. Guess it’s not easy to stay calm and sober in bursa.

GREED and FEAR are the evil twin brothers we should be aware of. One leads you to chase high from FOMO, the latter makes you cut loss when the market sentiment suddenly turns sour. Ignore all the white noise, invest carefully.

Happy weekend to all!

Jiejie/Auntie, how many years have you been in Bursa actually?

I topup KGB a bit today..now holding at 2.02...
Fat lady says she is going to sing her lungs out on monday

Hi jiejie, yes I’m thankfully still in my 20s even though not for long. I need to invest aggressively before I get old but bursa bullies me.

Holding?

can update your earnings in /k liao

if not mistaken rakuten dont have cut loss sell function.... thats why when u set 0.71, its straight sell to the market highest buy position which is 0.750

kopitiam thread?

Today Dnex give nasi lemak.

Entered at 675. Now lets see how long the momentum can last.

huh?

washing machine process finish, weak holders all surrendered, collected enough quantity, now is the time to push up to promote and profit what.

KGB 

You guys so funny... On a separate note, originally wanted to go most in on DIGI, but the cat out of the bag (potential merger news)... shame....

Actually I don’t recommend to play short term.

If one can’t do well in long term, better not play short term. Unless you just gamble or try luck, to be consistently making profit in short term is much harder than long term.

Learn to be good in long term first then can venture into short term for extra nasi lemak. The big profit will come in the long term investment, not short term trading.

My 2 cent.

finally money received from foreign account.

bullet reloaded. Tomorrow I will start sapu TG. 

Good news, was targeting to buy digi rm3.5 or below. With this news up a bit, so I will wait and see. Even if talks restarted, trying to find an agreeable evaluation not easy. Last round failed. It seems to be celcom needs digi more than digi needs celcom, finding the money to entice Telenor is another proposition altogether. Hope digi drops more, but now looks unlikely unless whole market downtrend. Digi will be better with Telenor support (tech transfer). Celcom based on its track record including the Nepal acquisition, let's just say I prefer digi with Telenor.

I am still queueing for RM3.4 as I planned to park portion of my  Fund for dividend. Maxis also seems good price to enter? But Maxis seems being shorted more than Digi. Anything wrong with Maxis?

I keep some Digi shares for dividedns. I topped up the other day just b4 the 5G rollout plan was announced

With digi offering 4.XX percent. There are definitely many other good shares to choose from. As cost of operation keep increasing and the implementation of 5G, the cost will eventually need to pass down to customer. But the price war is just... Huge