finally bull run over. time to buyyyyyyyyy

it was the time to buy when i posted. now all climb back up again 

Short selling extended till 30 june boys..

short selling will be SUSPENDED until 30th June....

Without shortselling, there is no reason for people to push down the price of shares. So how can it drop further and remain stagnant ? Lol

http://www.thestar.com.my/news/nation/2020...ainst-muhyiddin

Political uncertainty ahead??

now is time to know what stock is good..

any recommendation??

The Malaysian economy is about to feel the full brunt of the coronavirus pandemic.

After posting its slowest growth since the global financial crisis, the economy is set to slip into a recession in the next four to six months, the country’s top statistician said.

https://www.bloomberg.com/news/articles/202...s?sref=bZ8VXc8U

Whatever I have learned for the past 20 years about investing can throw out from the window. 

JUST sharing
to see that people treat stock market like a casino. If you don’t have enough cash, do not bother with investments. Investments are for those cash rich people who made enough on daily basis. You need to improve on whatever you do best to raise cash before you come to the stock market.

Tips
1. Always choose good company with good fundamental.
2. Do your valuations
3. Do your projections of sales, profit, PE, EPS, Price to book ratio, gearing, sustainable PE projection.
4. Do your due diligence. Research. As you research you will automatically top up more money for every good point that you found in the company. This is how you earn money.
5. Don’t overpay.
6. Think about your entry plan and exit plan.
7. Kenanga, RHB and Maybank research buy time means sell time. If research downgrade, how are they able to unload their stock.
8. Smart market is smart and fool games. Smart earn money from fool.
9. Use your instinct.
10. Weigh your risk.
11. Your entry price matter. Your exit price matter.
12. Good company at crazy valuation is bad investment. Shit company with extremely low valuation can sometimes be a wonderful investment
13. The price of your mistake is always bigger than your win.
14. Play with money that don’t stir your emotions
15. Reduce your buy and sell frequency, then, you will reduce your mistake. I know a fund manager that does less than 10 buy and sell in a year and managed a fund of tens of millions.
16. Never panic buy after a significant price increase and never panic sell after a significant price drop.
17. Do not monitor your stock everyday. Trust your own research and valuation.
18. Don’t trust anyone. Trust your own calculation.
19. Only long term investments can prevent black swan events.
20. Diversify your portfolio. The golden rule of thumb is 5 company in a portfolio.
21. Having a stock which has high PE which has potential to grow is sometimes better investment than company with a low PE that is stagnant for years. There is a reason why the market decide to give a low PE to a company.
22. Always be one step ahead all the time.
23. I would recommend stock market to those who have passion for knowledge. Passion is needed for anyone to truly enjoy what they are doing.
24. Buy what company you can understand.

For newbie
——————
For newbie, if you lose money to the stock market after one month, you need to quit stock market. Don’t pay tuition fee to stock market. Stock market is extremely dangerous to newbie.

Only people who never gamble on stock market will truly make money in stock market.

Knowledge is power. Read everyday for 7-8 hours. Good materials are Intelligent Investor by Benjamin Graham and Art of war by Sun Tzu.

I would recommend 5 companies for newbie to invest long term (period of at least 3-10 years). You should make about 20% of your investment. There is no quick money in stock market.

Harta, Cahyamata, Inari, Dutch lady and Scientex.

You can dollar average your money into these 5 company: set aside money over a set period. Eg. 100k to invest 10 times, invest 10k once a month. You can invest more into any of the company which is cheaper on that day.
If you can set aside 10% of your salary to invest in these company every month, your return should be 20% of your investment. This method you can average your price to include volatility in the stock.

Using this method, you do not need a fund manager and you do not need retirement fund to retire. This method is the most passive investment you make.

in my opinion 5 companies in your portfolio needs to be diverse in business area. currently i’m quite heavy on finance which i think i should branch out but so far only good valuation i find in finance company.

my five in portfolio is maybank and pbbank.

ya agree but best value roi can find currently is bank. will u willing to accept a lower roi stock for sake of diversification?

Genting shot up today already. Tried to buy some but Rakuten keep saying cannot place order now. Don't dare to buy any now because Rakuten has ever said cannot place order and there is no outstanding order in the order tab but then the next day I find that the order is executed. Scary!
This last few weeks, quite a few platforms got problems--Rakuten, Maybank and some others too.

My observation:
Every time down.. ppl say profit taking...
Every time up.. ppl say speculating...
Every time no movement... ppl say move to somewhere else.

2nd wave is coming,  buy on the dip.

How we know which is the margin counter?

“I’m sure Warren Buffett is a great guy but when it comes to stocks he’s washed up,” Portnoy tweeted Tuesday. “I’m the captain now.”

https://twitter.com/stoolpresidente/status/...-of-day-traders

Which guru is local equivalent?