I think at most it's just domestic traveling if covid situation improves within Malaysia. Overseas is still pretty tough, most probably some form of quarantine will be needed and 14 days is way too long to burn before any actual vacation happens. So I think overseas tourism is still very difficult.

Sold some of my KGB at 1.85 with 20%+ loss.

Or wait for a change in weather.
Current season not condusive.

I've learnt that market goes by sentiment that's not supported by logic, so stocks like these can go up for no apparent reason other than they're in tourism.

When is TG qr? Is that why trending upwards this morning?

I am at -15%, and its the lowest negative stock on my list after selling off DPIM

Ouch, I’m still holding at 20%+ loss ah jiejie

hmm I thought KGB has good prospects and fundamental etc ? Why not just hold?

Exactly what I’m feeling too. Market feeds on trend more than fundamentals in the short run.

That's just how it is at this current super bull run situation. With so many retailers..all like to goreng goreng. If the counter got hype and sentiment, then it'll fly without logic. At times, FA might seems not useful at all. In this case we just combine FA and TA together and try to find some nasi lemak money

As for KGB, alternative way is to cut and re-enter at lower. Now might dropped 20%..mana tau later 40%? so if cut now and re-enter later..the profit will be much better. However, this method doesn't apply to all counters and all individuals...how much losses you can tolerate will differ from each other.

This post has been edited by Duckies: Mar 9 2021, 11:50 AM

Not sure about TA but I find FA to be useful in protecting my downside risk (KGB was the time I didn’t use my head). It’s just not quite as good in catching trend a.k.a the fast money.

Yea, that's why combine FA,TA, hype and sentiment for short-mid term. For day trade/trading, TA. But sometimes just FA and no TA, hype and sentiment also hard...example glove

This post has been edited by Duckies: Mar 9 2021, 11:55 AM

Yeah, I remember yours the same as mine. So wanted to share what I did, lol

I've mentioned before for my case, I've learnt the very expensive and heart breaking way with gloves and other stocks since I started, I kept holding them till even 50% loss, and end up no end in sight. I can choose to keep for years but...some stocks are not worth killing myself over.

Yeah, this is my thought, later even lower, how? Happened to me many times, so I'll accept it's my luck, haha....so don't fight it, if not comfortable and convinced, CL.

This applies to me, everyone does it differently

This morning I entered WONG for quick trade.

I think one side that many ppl ignore about FA is looking at the business prospect in the next 3-5years rather than just purely the numbers. That’s the case for gloves, good PE stellar profits but there won’t be another covid19 panic cause we’ll learn how to manage the situation without PPE shortage.

Another thing is to look at a longer horizon beyond the trend’s pressure. The trend is evidently AGAINST gloves now and FAVORS recovery stocks so gloves will be given low valuation, but how long will this trend last and will this matter in a longer time frame? A true FA has to ignore most of the short to mid term white noises.

Things to ponder about.

Our border is unlikely to open by end of this year. it will take up to 2 to 3 years from border opened for air asia business to return to 2019 level.

Applies the same to me as well. I rather sleep peacefully.

Yes, a true FA investor has to ignore and able to tolerate the up and downs. But when you see it drops to 20% then 30% then 40% it'll makes you think if your evaluation or judgement is wrong. I am not saying you but I think most of us here has been in the same dilemma.

Ya, those who can ignore noises, can hold for many years. I'm doing this for my bank stocks, and other stable dividend stocks.

Seems like many people confused Air Asia with Air Asia X

once interstate allowed and most people get vaccinated Air Asia gonna fly at full force. Revenge domestic travelling.

hmm true ... I've sat through vivocom from 1.1 > 0.7 > Average down > sold off at 1.09 for a bit of profit after a few months... I think I can tolerate it. At first I was dreaming about the big red numbers... until I got used to it and understand that so long the company doesn't collapse and I don't sell, I'm not gonna lose. So I was getting less and less bothered by it...