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 STOCK MARKET DISCUSSION V150

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1tanmee
post Feb 6 2021, 10:52 PM

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QUOTE(MedElite23 @ Feb 6 2021, 10:04 PM)
I do this. But only to a few targeted stocks that I have strong conviction in, and would like to start a position immediately (provided it’s not overvalued in my book), but do not want to time the market. One thing though, I do not pump into them endlessly. Instead, I allocate a fixed amount of money for that particular stock and DCA over 6 months or so depending on the price movement down the road. After that, I’ll wait to reap my harvest. The downside is, cheap can get cheaper haha laugh.gif so you need to have the stomach to swallow the temporary paper loss.

Some people prefer to lump sum when the stock price is in consolidation phase. You may wanna try out different approach and see which method suits you better.
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I have a few stocks that I have strong conviction in, and very much looking into DCA-into the stocks. For one, I don't have chuck load of money to go in lump sum. Secondly is because I am worried I am buying it at high price (which is a bit dumb, as I intend to keep it for a foreseeable future - but fear of losing gets the best of me).

I am not good in reading trends, so not sure if the market is in consolidation, bullish or what have you.

Maybe I'll see into your approach, setting a timeline for the DCA, stop, and wait it out for a foreseeable future. Thanks for the input!
1tanmee
post Feb 7 2021, 01:24 AM

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QUOTE(MedElite23 @ Feb 6 2021, 11:32 PM)
You can look at this this way;

By DCA-ing your allocated fund to a particular stock, you are buying time (for 6 months period, 2 quarters that is) to see if the company performance is up to your expectation before planning your next move.

In case the company execute a move that goes against your investing principle e.g doing share buy backs instead of distributing dividend back to shareholders or accounting fraud getting exposed, at least you're not "all in" and in essence lower your risk of losing more money. smile.gif
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Hmm that is another angle to look at! and this makes sense. Rather than risking it in a single transaction, I could spread it out over a few, and adjust whether it meets my expectation.

But I would have to weigh in against the purchase expenses. Say, using Rakuten, @RM9/purchase fee x 1 purchase × 6 months= RM54. & there's the selling cost as well. Not a lot as some may argue, but it does eat up on the profit.

Not rich, so I'll be buying small lots 😅, meaning that the price would need to go up many ticks before I could break even. Not really an issue as I expect the price to mive upwards as economy recovers in a year or two after the covid dust settles.
1tanmee
post Feb 7 2021, 01:27 AM

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QUOTE(infested_ysy @ Feb 7 2021, 12:38 AM)
What stocks are those? Slvest, kpower and SCIB?
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My stock pick is not sexy, boring even, some in sectors that not many people are keen on investing! eyeing this 1 bank stock (still unsure), 1 reit (still unsure), 1 property (Counter 8206)

This post has been edited by 1tanmee: Feb 7 2021, 01:30 AM
1tanmee
post Feb 7 2021, 02:25 AM

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QUOTE(statikinetic @ Feb 7 2021, 02:01 AM)
Well, you may be surprised that some folks actually look for the boring and underrated sectors.
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Not at all surprised, but these stocks are not normally mentioned in the forum.
1tanmee
post Feb 7 2021, 07:30 PM

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QUOTE(Cubalagi @ Feb 7 2021, 07:17 PM)
What is your definition of DCA?

If DCA means investing the same amount at fixed intervals (usually monthly) over a long period of time, then my answer is NO.

However, In my case, I will have a target of how much I want to buy the stock. If it's big, I may then split the buys in a few batches, and execute over a period of time. I do not consider this DCA because the time period is limited.

If I like the stock a lot, I may also add more in future, if I have extra funds. I do not consider this DCA also. This is just investig when you have extra cash.

N yes, I also avoid high transactions costs.
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My idea of DCA is investing the same amount at fixed intervals (usually when I receive my paycheck), over a period of months. Similar to my approach on investing in robo-advisors. - You said NO to this approach, so if you could elaborate further?

I am mulling this idea, but I find the cons would be higher transaction fees, having to lock in orders.

But on the flip side is that I could average out the cost price, and because I do not have ample cash to put in all at once.
1tanmee
post Feb 8 2021, 05:02 PM

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user posted image

I am seeing sales order queue at lower-than-pre open/close figure (in this case, it is 0.050), usually at pre-open/pre-close session. Question is, why?

Sales can't be matched anyway, so why bother?

1tanmee
post Feb 8 2021, 05:16 PM

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QUOTE(BliitzkrieG @ Feb 8 2021, 05:12 PM)
TG RSS 8,040,000

user posted image
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Again, a no0b here. but what is RSS, here it being mentioned frequently in this forum?
1tanmee
post Feb 8 2021, 05:26 PM

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QUOTE(wts6819 @ Feb 8 2021, 05:16 PM)
Rasa Syiok Sendiri rclxs0.gif
It is Regulated Short Selling
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hahaaaa thanks!
1tanmee
post Feb 9 2021, 05:31 PM

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Not sure why property sector is still lagging, since the recovery plan theme is in play? Fundamental still weak for a foreseeable future, or no big news to jack the price higher?
1tanmee
post Feb 9 2021, 07:46 PM

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QUOTE(HereToLearn @ Feb 9 2021, 05:49 PM)
Oversupply. Until next year price wont rebound
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I see, oh well te sector has been on a downward trend for quite some time already. but on the other hand, has been queueing but tak lekat, maybe my asking price too low!
1tanmee
post Feb 10 2021, 11:40 AM

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Guys, how you all cope with buyer's remorse? Like "aaa crap, should wait longer and Q cheaper"

Not saying that i buta buta select my stock, but when the price hits, and it goes lower, feel kurang syok! 😅
1tanmee
post Feb 10 2021, 04:14 PM

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A question on shares buy-back. This would effectively mean reducing the # of available shares in the market, & increases the PE ratio. Other than making it appear more favorable, what else does it achieve?

& building on that question, would share buy-back normally go in tandem with the market (i.e. making the price higher)?
1tanmee
post Feb 16 2021, 09:38 PM

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Anyone using Rakuten here? Purchased X lots of Ecoworld @ 0.495/unit on 10/2, but in the platform it says 15/2, and purchase price is 0.498 ??

where is the 0.003 diff coming from?
1tanmee
post Feb 17 2021, 12:58 PM

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QUOTE(1tanmee @ Feb 16 2021, 09:38 PM)
Anyone using Rakuten here? Purchased X lots of Ecoworld @ 0.495/unit on 10/2, but in the platform it says 15/2, and purchase price is 0.498 ??

where is the 0.003 diff coming from?
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QUOTE(Angelpoli @ Feb 16 2021, 09:43 PM)
Apparently rakuten include all those brokerage fee clearance fee stamp duty etc into the cost. So the final price will be slightly higher. Correct me if im wrong.
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oh itu macam! 😅 But still lari a bit, coz it didnt take into account the misc fees like stamping..
1tanmee
post Feb 17 2021, 01:10 PM

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QUOTE(misaka @ Feb 17 2021, 12:46 PM)
Rakuten can check total loss and profit one go my portfolio realized profit /loss then all
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They have factored in both buy/sell costs?
1tanmee
post Feb 17 2021, 04:12 PM

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I finally let go all of my Ecoworld @.505, bought before CNY @.495, phew

I don't know, the fundamentals look strong, the financials looks okay, but property sector am not joining the broad-based stock prices now ( and this downward trend, based on my bodo bodo research, since 2019 if not earlier than that)

Maybe the property glut is still spooking investors...

This post has been edited by 1tanmee: Feb 17 2021, 04:13 PM
1tanmee
post Feb 19 2021, 05:21 PM

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I have a question on swing trade. Is it done in the same day, and how easy it is to have a matched buy/sell order?

Once gotten the buy, will have to q to sell (should be at the very end of the q, correct?). So what the odds of getting it sold on same day?

hahah sorry total noob
1tanmee
post Feb 25 2021, 05:37 PM

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What is Private Placement, and is it deemed positively or negatively in a rational market?
1tanmee
post Feb 25 2021, 07:03 PM

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QUOTE(Kar Weng @ Feb 25 2021, 05:47 PM)
PP issues extra shares for private purchase to raise funds.
Can be a good or bad thing, can be a bit of both. Depends on what the funds is raised for (business expansion, debt settlement etc.)
For investors it means more shares are in the market after PP so each share has less value because of dilution. In other words, it’s “milo bancuh air”.
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"milo bancuh air" <--- that is a good one! So the number of shares will increase. Any effect on the share price on the PP date (like similar to when ex-date, the price will open lower than before ex-date)?
1tanmee
post Feb 28 2021, 09:26 PM

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Quick question - ALAM was actively traded for the past few day, yet last Friday like suddenly went quiet. Is this a normal thing with the counter (or penny stocks in general)?

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