Sure just testing bo?

Anyway, I have stated my doubts on SKP's growth.
As such, in my opinion, the risk factor is significantly much higher chasing its continued growth. If you think it got much legs left, go ahead...


And please, as I said before, the dangers in chasing high growth stocks. Once it corrects, ie the growth fails to meet the market high standard of expectation... such stocks can really collapse. Did you not the Sep market? Did you not notice how drastic t they corrected?

Really just paper trade only boss..

I see what you mean.. a good example is Superlon.. There is a reason ppl call you sifu..

just remember that super high growth, usually doesn't last long.........

Breakout on Monday?

Ok boss...

Bumi Armada seems to have bottomed out... I wanna paper trade it..

Is it breakout or making higher high?

MRCB ok boh?
company collaborating with gamuda for big HSR,ECRL project..

This post has been edited by juststayreal: Oct 29 2020, 03:28 AM

Entered at 1.06. hoping for them to get the tender with Gamuda

I call it breakout if candle break the previous higher high.

Bullish engulfing on 5-Jan and today make new hh so many signal for entry lol

lets go mrcb

I see.. so many stocks breaking out.. cos index lost gravity..

so fast you wanna jump to another trade?

You always over trade la.

Trade less... You will end up winning more la.



re: SK

both is correct but since my time frames are wider, it's a trend continuation and it's merely making a higher high.

Morning market down a bit, but recovered slightly. HIBISCUS rm1.06 Public IB target price hit already. Now got new RM1.48 Alliance DBS target price.

Who's next to follow hibiscs trail? UMWOG, DNEX, Serbadk, Armada....looking good to hit theirs?

is the buy queue of umwog at 0.430 real? lol

hmm..

1. No matter what I say ... doesn't matter. Market's hot. hot. hot.
2. The sharp reversal today ... after a sharp run up since 2018.... PLUS .... the sharp reversal in SKPet .....
3. What's familiar with these 2? The sharp decline in NTA (write off la ... this la... that la.. ) .... if u ask me.... lol.... my chin chai ball park guesstimate is... avoid the stock if the stock is not trading less than 50% NTA... this should be a so called 'value' play for the time being. )

so what's that u looking at again?


ps. U know damn rite this current run is not driven by fundamentals ....

ps/ps: Make money already... hold back first laaa.....


my 3 worthless sen

sold my umwog this morning, the super run was mainly driven by the increase of oil price. so far the fundamentals of the company is still okay but the 4th quarter will be making losses due to impairment as mentioned in their previous quarter report.

i m not sure about the utilisation of their rigs but if im not mistaken the utilisation rates are higher as compared to the previous quarters.

almost a 50% gains from this counter.

that statement full of contradictions.

Look. Impairment of ASSets is the key word.

Which is why... the net asset keep falling every quarter... ie asset play.
Normally... under such cases... less than 50% of asset is about fair value...
about 32 sen... and oil prices rising rapidly... it was worth a risk bet then.
Now? no way Jose.

which was same as SKPet (or whatever the new name is now. )



again... I say... try NOT to be too gung ho.

Tuesday ma, many trader take their profit. Red day.

boon u got look at NTA meh?

btw, i dun really get what u mean.

mind to explain in more simple english?

wah char me up.

i do not use but on situations like this...
when oil prices went up so sharply...
these 2 stocks were an option.. no?
umwog nta is about 95+...
price of umwog was about 31sen ...
not worth to take a risky bet on such situation?
u can use 50% of nta as chincai fair value target price...
Which is about 47sen or add so....

a trading entry about 32 sen, how much was the risk/reward how much?

Got meat? ie is this worth a bet?

This is how I would have weigh up the situation...

now compare to say SKpResources ...

the risk is different...
raising oil prices is no no..
raising ringgit is also no no..
and then u put into consideration that it is on a super high growth run for some time already (ie the growth runs the risk of ending soon) the risk factor is so much higher....

can understand my terrible England?




the R factors so important when you trade.

normally after all the blah blah blah....
then only I consult the gambar....

so based on the below... where was the suggestive entry point?