4% only wor, so fast take profit?

Investment guidelines - Koon Yew Yin
Author: Koon Yew Yin    |    Publish date: Sat, 4 Jul 2020, 10:50 AM
https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

a fresh summary of koon yin yew thoughts on stocks investment.
may be useful to some people.

yeah,useful for newbie..
wont be much of a use for seasonal trader/investor

Chart
Any stock cannot continuously go up or come down for whatever reason. After sometime its trend will change. But you don’t know when its trend will change. You must not take the risk to buy a down trending stock because you don’t know when it will change trend. You must always buy an up- trending stock, at least you know it will continue to go up in the near future.
Never buy or sell any stock based on rumours and follow the crowd, like a sheep. You must decide for yourself based on your own knowledge. However, you must not forget to sell at the right time. It is not which stock you bought is so important. It is when you sell that really matters. 

When to buy
To be able to make more money, you must be able to control your own emotion of fear and greed. If you know for sure that the stock you have selected has very good profit growth prospect, you must not be afraid to buy more during price correction with margin finance. In any case, you should not use margin finance to its maximum limit to avoid margin call.
When to sell
I will start to sell as soon I see the company reported reduced profit. When you see one of your holdings has been going up higher and higher, you must not be so greedy to expect it to shoot up continuously. You should sell some to reduce your margin loan. Unless you sold some, you would not have funds to buy back at cheaper prices during price correction

why not IF we invest with supermax was RM2.00

buy 11,000 shares @ rm 2.00

a fresh summary of koon yin yew thoughts on stocks investment.
may be useful to some people.

yeah,useful for newbie..
wont be much of a use for seasonal trader/investor

that’s only good if u hold at rm2!

imagine if u buy 11k at rm2 then when supermax go until rm8 u sell it cos think it is overvalue and chart won’t go up continuously. then when drop to rm5 u buy again and now bull run u have bought higher than your previous price

that is great.

if the no. of shares is the same, u took 8-2=6 profit.

then u go back to buy at 5, u paid 5-2=3 more than last buy..

yr net position is still 6-3=3 less transaction cost, i.e. 3 already in the pocket.

that is precisely what traders do.

what happens next... whether 5 to 8 to 10 or 5 to 3 to 1 is another matter.

but if didn’t sell at 6 and hold until sell at 10 or higher 🤯

that’s only good if u hold at rm2!

imagine if u buy 11k at rm2 then when supermax go until rm8 u sell it cos think it is overvalue and chart won’t go up continuously. then when drop to rm5 u buy again and now bull run u have bought higher than your previous price

Ok time to buy penny stocks like AT and VSolar, and sell at next increase

but if didn’t sell at 6 and hold until sell at 10 or higher 🤯

dunno if true or not but i found this, buy a bit of MyEG tomorrow?     

Malaysia's MyEG Services RM 800 million partnership with Singapore's TraceTogether
https://techrumorskl.blogspot.com/2020/07/m...00-million.html

harta today touched 15.00.
and wait till their AMG glove gets FDA approval:
https://hartalega.com.my/innovation/latex-n...icrobial-glove/

“We also export antimicrobial gloves to more than 20 countries and expect to get the United States Food and Drug Administration approval by mid 2020,” he said.
https://www.nst.com.my/business/2019/07/507...ext-three-years

harta closed at day high rm16.00 friday.

if it ramps up higher next week, it may have something to do with this AMG FDA approval.

Think I better snap some tomorrow. When if goes down a bit, probably 15.50 or lower. What's the TP again?

https://klse.i3investor.com/servlets/stk/pt/5168.jsp

the p/e at this time is very high - 125 based on last 4 qtrs.

come aug 6 (i think), 2Q results will change that... a matter of how much.

plus, this AMG is supposedly going to create a significant impact.
https://klse.i3investor.com/blogs/PelhamBla...to_boost_va.jsp

i think 18-20 is about right but who knows... we will see.

the current indicators are extremely bullish, need to watch for signs of reversal.