QUOTE(Boon3 @ Jan 12 2021, 07:55 PM)
Sell at 1.95 then? Buy coconut with my ice cream?Looking at some REITS now as a lot of fear here. KLCC on sale today.
BWC
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Jan 12 2021, 08:08 PM
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Jan 12 2021, 08:22 PM
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QUOTE(statikinetic @ Jan 12 2021, 08:08 PM) Sell at 1.95 then? Buy coconut with my ice cream? LOL. You guys with the damn coconuts. Looking at some REITS now as a lot of fear here. KLCC on sale today. Range bound trading, although works like a charm, it's actually very limiting. But then I am spoilt. I only like to whack brigand eat big. Lol. The REITS... not surprising. Check the dividends. They are declining rapidly. Sunreit, igbreit, KLCC all hit badly... smurfs how? |
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Jan 12 2021, 08:25 PM
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QUOTE(Boon3 @ Jan 12 2021, 08:22 PM) LOL. You guys with the damn coconuts. IGB...Range bound trading, although works like a charm, it's actually very limiting. But then I am spoilt. I only like to whack brigand eat big. Lol. The REITS... not surprising. Check the dividends. They are declining rapidly. Sunreit, igbreit, KLCC all hit badly... smurfs how? Robinson close 2 more to go Isetan and Metrojaya |
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Jan 12 2021, 09:22 PM
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#3524
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QUOTE(Boon3 @ Jan 12 2021, 08:22 PM) LOL. You guys with the damn coconuts. The only REIT that is still "performing" is AXREIT, albeit marginally lower than previous year.Range bound trading, although works like a charm, it's actually very limiting. But then I am spoilt. I only like to whack brigand eat big. Lol. The REITS... not surprising. Check the dividends. They are declining rapidly. Sunreit, igbreit, KLCC all hit badly... smurfs how? Most of the retail REIT wont be able to pay their "usual" dividend in current situation.. So it is not wise to buy them with "usual" price... |
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Jan 12 2021, 09:32 PM
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QUOTE(Boon3 @ Jan 12 2021, 08:22 PM) LOL. You guys with the damn coconuts. Day to day, happy with small profits.Range bound trading, although works like a charm, it's actually very limiting. But then I am spoilt. I only like to whack brigand eat big. Lol. The REITS... not surprising. Check the dividends. They are declining rapidly. Sunreit, igbreit, KLCC all hit badly... smurfs how? The big ticket buffet doesn't happen too often. QUOTE(Smurfs @ Jan 12 2021, 09:22 PM) The only REIT that is still "performing" is AXREIT, albeit marginally lower than previous year. Yes, it's because of the impacted earnings that some of them are going with lower prices.Most of the retail REIT wont be able to pay their "usual" dividend in current situation.. So it is not wise to buy them with "usual" price... It is going to be a more medium-long term play. Question marks on their propects in a recovery though. KLCC has the spectre of lower office demand and TRX hanging over it. Even if Petronas has renewed the lease covering 70% of the space. |
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Jan 13 2021, 08:55 AM
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QUOTE(Boon3 @ Jan 12 2021, 08:35 AM) Do you have game plan in your investment/trades? Stock closed 6.68Let's take TG again. As mentioned, if I were to trade it, 6.05 could had been my entry. Since there was the momentum, I would have eyed an initial 7.50 as my target. That was the game plan. But in trading, nothing is ever cast in stone. One must be flexible. The stock finished too strong. Too fast.... 6.50 was the closing price. The morning half hour quickly indicated the theme of the day - consolidating that big movement the previous day. This is where the decision needs to be made, to stay or to go. If stay, I would have set my exit point at 6.15 and observe how the stock trades the next day (ie today) Trend reversals is not that easy to trade. Ideally the stock breaks out the trend line and reverses straights up. But that rarely happens. Usually, after the breakout, it quickly consolidates. Sometimes, even after consolidation, it reverts back lower. Sometimes after a brief consolidation, the stock slowly moves higher. Anything can always happen in the market. Have a game plan but always be flexible. Yea, easier said than done. Cause if too flexible, one is nothing but an in-and-out player and based on averages, such style doesn't win in the long run. and oh.... buying correctly solves most problems.... Cut profit is now set at 6.50. * don't take this post too seriously as I did not make an actual trade on this stock * |
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Jan 13 2021, 09:41 AM
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QUOTE(ChAOoz @ Jan 12 2021, 03:39 PM) 3.60 and below i add. The rest need the boss to work already, my job is just to hunt for the point of bargain entry. My tech stock entry criteria the P/E from 25x now move up to 40x (new normal like mco See? Now MI picked up steam... Frtken, Elsoft & MI ..... err ... same gang ah? come ChAO .... come .... come to the dark side..... expand your horizon .... |
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Jan 13 2021, 09:45 AM
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#3528
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QUOTE(Boon3 @ Jan 12 2021, 08:22 PM) LOL. You guys with the damn coconuts. i cannot imagine buying MReits when the SReits are much more attractive. Tax free too!Range bound trading, although works like a charm, it's actually very limiting. But then I am spoilt. I only like to whack brigand eat big. Lol. The REITS... not surprising. Check the dividends. They are declining rapidly. Sunreit, igbreit, KLCC all hit badly... smurfs how? |
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Jan 13 2021, 09:48 AM
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Jan 13 2021, 09:49 AM
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QUOTE(Boon3 @ Jan 13 2021, 09:41 AM) See? Now MI picked up steam... Frtken, Elsoft & MI ..... err ... same gang ah? come ChAO .... come .... come to the dark side..... expand your horizon .... Seemed today most tech all breakout, i will just enjoy the show |
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Jan 13 2021, 09:50 AM
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Jan 13 2021, 09:52 AM
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Jan 13 2021, 09:55 AM
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Jan 13 2021, 09:59 AM
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Jan 13 2021, 10:06 AM
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QUOTE(ChAOoz @ Jan 13 2021, 09:59 AM) Hahah when it's going up I really no appetite to add one cause my TA lousy. Correct If i try to mix TA & FA usually i get wrong entry. Earnings does not improve Q-Q and Y-Y but chart says going up Example is elsoft This post has been edited by squarepilot: Jan 13 2021, 10:06 AM |
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Jan 13 2021, 10:09 AM
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QUOTE(ChAOoz @ Jan 13 2021, 09:59 AM) Hahah when it's going up I really no appetite to add one cause my TA lousy. Err... Remember when it broke that down trend and hit a high of 4.20?If i try to mix TA & FA usually i get wrong entry. Since then, as mentioned, most of the time, the stock would consolidate first. Which has been doing. Now? It is picked up it's feet.... it's moving... and chances are that it should retest that 4.20 and possible move higher... now if you believe in averaging up ... now? might be a good chance ... to top up. Simpler reason to average up now. 1. you reasoned the stock was too good to be in the earlier down trend. So you buy on the breakout... around 3.80 (correct?) 2. you don't expect the stock trend to reverse in a straight line.... so you expect a pullback from 4.20. (correct?) 3. now the stock had pullback. consolidated it's position. you expect the stock back up. (correct?) so considering 1, 2 and 3 ... isn't this a perfect position to add up? come .... come.... think as a trader ..... |
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Jan 13 2021, 10:13 AM
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think as a trader...
Since you mention Gtronic yesterday Gtronic is trying to break 3.00 in the recent months, and with the bull run on tech. it's sitting on the lower side of trendline |
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Jan 13 2021, 10:17 AM
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QUOTE(squarepilot @ Jan 13 2021, 10:13 AM) think as a trader... Since you mention Gtronic yesterday Gtronic is trying to break 3.00 in the recent months, and with the bull run on tech. it's sitting on the lower side of trendline Gtronic ? for the past 5 years... never in my watchlist b4..... it must be me..... |
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Jan 13 2021, 10:22 AM
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QUOTE(Boon3 @ Jan 13 2021, 10:09 AM) averaging down...Me buy ... the stock moves down. no matter what ..... the action of me buying is clearly wrong. the market already proved me wrong. buy more when I am already wrong? doesn't seem correct. averaging up.... me buy.... the stock moves up. hey... whatever reasoning me used.... I am correct ma.... now the stock pauses... and gives me the chance to buy more of me earlier correct decision.... should me buy more? ps.... big mistake ppl do.... they buy too much when they average up. your initial position is 10,000 shares. When you average up, buy not more than 15% of what you already own. |
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Jan 13 2021, 10:27 AM
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