To be a good trader also requires the trader to access the 'market' conditions, ie is like reading the tea leaves ....

so what did we have? The unlimited QE ... the unreal tsunami of helicopter money... too much money seeking returns... in which the best way is to play up the market... which they can easily justify by using the market discounting analogy ... ie.... the market will price in and ignore the next couple (2) qtrs of bad earnings....and insinuate that everything will be A-Ok once a cure or vaccine is found for Nineteen.

so the big boys WILL PLAY UP the market ...... which means if you follow that equates your REWARD for taking on the current market.

The risk? The virus might take much longer to contain. As you have said, things are really bad in the street and certain companies, they would most likely go bust. A much higher risk of course is retailer like Parkson. Declining profits since 2015. One bad quarter after another. Without the virus, this company was already very shaky. Now with the MCO all around, how much more can Parkson tahan?

so if you had decided to play the market, your stop losses had to be real tight and you really need to avoid those companies who were already in a bad condition before.

Yes, everything is all about understanding the risk and reward. Is there really any meat to trade the stock?

And yes, for heaven sake, please don't ever be the nonsensical KFC trader. Do not take risk big money to win a miserable KFC meal.....



stay safe.

Having said that :

Err

how's everyone doing? it's been so long since i came back here. hello daigor @boon3, doing well in the recent bull in bear? haha

Wooooo!!

Yeah, and I still have no tipsy.

nothing come back to greet the members around. have been revisited reminiscence a few times since your last recommendation. with mco, more time i've got to look at the things which i've been missing all the while.

and

really mehh, i havent even asked about tipsy

ada sharing ah? or go back to chart reading

I have been selling fish... and of course... talking ayam.

Can ah?

macam banyak hints eh bought ayam or eggs eh

edit:

speaking of current optimism after 19/20 March, this is scary. can unlimited qe really work? or it's just another bubble in the making before plunging into another lower territory like what we experienced in 98 and 08? charts say that the rebound lasted a month or two albeit the different reasons we have had for each crisis. many thinking to do.

This post has been edited by billy_overheat: Apr 18 2020, 07:18 PM

No tipsy is good move, just grab popcorn and watch the show

tips are so popular these days



This post has been edited by billy_overheat: Apr 19 2020, 07:51 AM

So many things SPOIL-ed meh?


Well 19 persists as strongly until end of the year... why not?

I'm also interested to know

It works in 2009

Does it works now?

Which means if it's work, how it will implicate the economy this time round? Big Banks getting richer while SME dying? How do the government fine balance in between? i can't see any balance.

It's like encourage the public that you will be rewarded if you take loans and you will be punished if you save

have our moral went wrong somewhere?

A big Bomb to Sapura Energy and LCTITAN

LCTITAN report 1st quarterly loss since IPO

Sapura Energy may pull other Oil & Gas counter along too

Eh?

Sapura Energy HAD been doing piss poor for so long.. so the results certainly wasn't surprising at all.

LC Titan. Essentially this was a relisting of Titan Chemicals. A company which did very poorly since listing. If one knew Titans earnings performance since listing, this was an avoid by all means stock, based on the leopard does not lose its spots theory. I believed I warned b4 on this stock b4 on the forum. As such, I am not surprised with its losses too.

Serbadk good to buy? huge amount of order book. recently private placement the share drop a bit

Order books in times of crisis can always be renegotiated or cancelled. That's the risk you should consider.

Here's one way to 'guess'/gauge if a company got substance or not. Watch what they say they earn b4 their IPO and then compare....

Ok, LC Titan was listed not so long ago... so what we do is search out article on them...

this one will do ....

https://www.thestar.com.my/business/busines...t-as-dividends/

Second paragraph ...



now let's compare ... using the msiastockbiz website ....



we want to look at the 2018 Q4 rpt. If we click on it......



So in 2017 they say they untung 722 million. In 2018 they say untung 786 million.
But b4 their IPO they they untung 1.3 billion wo....

which was something exactly like Titan Chemicals the last time. B4 listing all big juicy numbers... then after listing, earnings less and less....

what this tells me... this is a stock that I do not want to waste my time on...
who cares they big company or what not....
just check the ignore button ....
and let's focus on the next better stock.

.... and oh.... LC Titan chemical IPO price...... what was it? ..... 6.50

https://www.theedgemarkets.com/article/lott...below-ipo-price

Price atm is 1.54









maybe they will pull the take-the-stock-private stunt again .....



This post has been edited by Boon3: Apr 29 2020, 04:17 PM

wow, very wise boon. admire ur wisdom

Just sharing what I would consider as the main concern for the stock. Factoring in the potential risk is always useful. GL.