Wonder if PBBANK will fall some more. So many times previously did not buy when it dropped, then regret later.

PBBANK has quickly recovered to 23. Anyone pick up earlier at 22.50?

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This post has been edited by pmaxv: Dec 31 2019, 02:41 AM

This has to be said hor... and it's rather normal I guess. LOL!




~130 .... That's sounds good enough for a single duck hunter like me.... hehe...


Yup, many tend to be watching the forest and not the trees....

Biggest in the world does not mean kacang if the said company cannot produce good earnings. Yes, earnings report is important and if one buy and hold and HOPE THAT THE MARKET WILL CORRECT THEIR INITIAL INVESTMENT/TRADING MISTAKE will only find the market is a cruel sadistic sob who doesn't give a hoot about you.

Yes, having strong conviction/belief in your own research and strategy is important, very important as I very much believe in it too but I also find it extremely important the extreme thin fine line between having a strong conviction and being utterly stubborn and what kills in the stock market is being utterly stubbornly wrong.

Imagine one bought Karex around 2.00. Price now?



All the patience would not help one single bit. One should have admit they are blardy wrong to buy at 2.00 and should have cut loss long, long, long ago. There's no shame in cutting loss. It's not a blardy sin and don't die foolishly listening to others.

And averaging down? Yeah, and some call it dollar cost averaging. LOL! I only call it BUYING MORE OF YOUR MISTAKES.

Anyway, for Karex, at 2.00, how much can you actually average down? Mind doing a real count?

Oh, the stock is rather active today.



How?



This post has been edited by Boon3: Apr 10 2019, 09:43 AM

Back down to 22.50. Agree that this stock has enjoyed higher valuation compared to peers for the longest time. Nonetheless, if it falls another 10%, I will probably buy more.

Hello.

So what's your game plan?

ie for example, what's your expectation? What's your target price for this stock?

Then what's your downside risk management? Do you even have one? Or are you gonna do the drop more by more strategy?

Now you had already acknowledged that it had enjoyed higher valuation compared to peers for the longest time already. And now as you would have already known, from the earnings perspective also, growth had already stagnated for more than a couple of years already. The simplest question of course is what if earnings disappoint? Are you prepare for it?

Coupled with a current dividend yield in the low 3%, do you really much incentive to hold this stock at current price?

Factor in the risk vs the reward, is this the best value for your money?

I bought liao around 0.43

Long time no kacau ah boon

Downtrend stock better becareful, i got cut a few time by misjudgement, better look at volume, MA and line for a clearer judgement. For example glove counter is on the downtrend now, all this are merely rebound.

This post has been edited by yhtan: Apr 10 2019, 02:41 PM

Dah kena terkacau by Ah Tan...

LOL!


Wah... so you bought around 43 sen.

Ho ho ho....

So you bought just based on Ah Chart ah?

As it is, trailing eps only 0.61 sen only wo...

Yes the ah chart already show reversal of downtrend based on volume surge + break up downtrend line + above MA20. (Must fulfill 3 criteria, lack of anyone will not consider as reversal of trend)

I kena a lot of times and i learn the harsh lesson, if u look at fundamental sure won't buy, ah chart told me the worst is over so i leave it there lah.

This post has been edited by yhtan: Apr 10 2019, 03:18 PM

It's ok la... we all trade differently. Something like FGV, isn't it? How many would have dared to buy below 70 sen recently?


This one thing hor....

What I can do, you might not be able to....
What you can do, I surely cannot....



Like I said many times b4, we should only play what we are good at...
In order to do that, we need to thoroughly know what we can and what we cannot do....


And yes, if one scans through, one could see many had 'probably' seen the worst of the recent 'downturn'....

past 1 year is really bad because most of the 2/3rd liner stock dive down right after the changes of government and that's why i hardly visit here. Practice a set of cut loss point if u intend to trade.

Look like u earn a lot from FGV eh

LOL! Still trying to fish something out of me, eh?

Nah. I did not trade FGV la. Earn 0 kacang.

Sold my one stock towards end of 2017. Nothing to trade after that, as things slowly gotten worst as Donald Duck started talking and doing utter crab. :x
Am holding one position since end last year.

Typical ah boon

Nvm lah each has their own preference, IWCITY and Ekovest is back again

Same old same old la.......

How to change?

Just answering honestly. Game plan is to hold and enjoy dividends plus capital appreciation. No target price. If public bank stops its trend of gradual price appreciation, then I will stop accumulating this stock and use the dividends to reinvest in other counters. 3% dividend yield plus more than 2% price appreciation would be good enough for me. Currently, I don't have a strategy of trading to take advantage of downward price fluctuations.

All stocks carries downside risk.
There are no exceptions.

Therefore, the 2% price price appreciation should not be taken as a sure thing...

Plus if you invest carries only a 3% yield, it makes no difference in investing in a money market instrument like fd.

The question again remains.... is this the best value for money?

I stressed this point as I have seen many try to play the market and hope to win just kopi money. This doesn't make sense as shares investing involves lots of money. To bet big money to make small money, just doesn't make sense. And the bigger issue is what if the market turns or collapse? Will you dump or will you hold? Or would you put more money to support your losing position?

Me? I play to win big. If I see only small rewards, I rather stay away and wait for better looking odds offered.

I know, different strokes.. and I am just sharing some different opinions why I would shy away from a big name stock like pbbank at current prices. And if I had really wanted to, I would wait for pbbank to trade at yields over 4.5%.

3 sen.

Thanks for advice. This counter is just a small percentage of my portfolio. In the current market conditions, I personally think it is not a bad counter to hold. For higher risk higher returns, I recently bought some O&G counters.

Just sharing opinion. You are always entitled to disagree.

GL

Sure you don't miss me?