The stock looks like it just came out of the cold storage. You decide but for me personally will need to wait for it to rebound back from the current price drop. Maybe need to wait longer when the price shows steady climb. For me the FA is not bad just that this stock seems lack of publicity.

Again, this is my opinion and I hope some sifus can enlighten us more about this stock.




Attached thumbnail(s)

What is FA stand for?

I am targeting to collect for a few months then only dumb.

My reasons of buying is
1) Share value is 0.7+ while NTA is 1.76
2) P/E less than 7
3) Future book order is not bad
4) Property sales not bad
5) Got relation with government

What do you all think?

Fundamental Analysis

This one considered as cup with handle?

FA stands for Fundamental Analysis like the ones you wrote above. Yes, I agree the FA is ok but what I was trying to say was wait to buy until the price hits bottom and then rebound upwards. I would wait until 2 or 3 daily bullish candle before making any decision. But then again, pls consider that this is my opinion and I could go wrong....

Maybe you can wait for the sifus to give their opinions...for the moment maybe it is worth the time to wait.

I don't see it.

Apologies for the late reply, BDB is currently or should I say undergoing correction now. Fundamentally sound, it should be valued at least 90 to RM1 at minimum. Monitor for an entry you think you can handle and set some loss points in the event things go wrong.

Probably you might see some hints but for now I may not be planning to enter for the time being. Nevertheless, it is a fundamentally strong counter, it's underrated and still do not know why players are still avoiding the stock given the strong points unlike shares like Sumatec, PDZ, etc.

Erm, no.

This post has been edited by ILoveLalat.net: Apr 14 2017, 08:27 PM

Nice comments but let's refrain from using terms such as sifus here. Why? There's no need la for such stuff here.



Ok?

I had a go paper trading this stock. You can refer it here post #311

As correctly highlighted, this stock was in a long spell in the cold storage (I called it coma-tic) b4 action kicked in Feb 2017. For me, I would check why the stock dramatically kicked into life. Something happened. If I were interested in this stock, I would want to find out what was the catalyst that drove the stock so much higher.

As it was, a combination of an extremely good quarter and a very generous dividend of 4.5 sen. That simply drove the stock higher.

For now, I feel the stock is consolidating and perhaps the next reporting quarter would give clues to the stock direction. The last two candles on the chart looks rather suggestive.

Ya, it is hard to predict the rock bottom price. My planning is just collect bit by bit using cost collar averaging method till my intended fund amount. Is this strategy works?
In your own opinion is, you will only take up when you see a 2 to 3 days rise in this counter?

Why you are not planning to enter now?
BTW, what happen to sumatec and PDZ?

Ya, i think to find out why this counter is driving back to life is crucial .
Your opinion is wait for the next quarter report to see the direction?

If you would note, that Q4 quarter reported on Feb was a blowout quarter. UNLESS, you know the company VERY WELL, ie you have a good knowledge of their current project(s) and how it is selling, waiting for the next quarter is the safer option. On one hand, there is the risk of missing out if the company produces another blowout quarter but by waiting you mitigate the risk of the company producing a much weaker set of results.

Yes, everything is about managing your risk.

Potential wise, the company has really done well judging by its recent 5 year track record. It did a rights issue not too long ago and they have more projects now. So for me, I think its all about BDB's ability to deliver....


Dollar cost averaging is not encouraged from a traders perspective. A wrong trading decision could easily snowball into a massive nightmare...

Noted all. Thanks for the input.
I decided to change my strategy a bit, after read all comments here.
Buy in a bit now (In order not to miss the boat), then wait and see again.

Hiding in bunker

Abg boon macam mana?

Ayam ok.


Waaa.... so geng.
Take profit already and now hiding in bunker?

Update....



.... and the gap is closing real fast ......

Update on BDB.

Notes..

1. Bad paper trade.....so far.
2. Forced myself to enter just cos of the dividend.... this is never a good reason to trade.

Cups?

Update...



On the side notes...

as per last quarterly, Parkson is still LOSING money at operating levels (ie it's operating with operating losses. 45 mil !!)

Oh.. Parkson China?



Revenue? down slightly
Profits? Don't have. It's losing more money!


* Again this proves that sometimes what you see doesn't mean it is good.
Seeing Parkson open more stores in KL, doesn't mean it's doing good.
Seeing Parkson in China, doesn't mean it is making profit.

This?



Or that?

How does this Pohuat looks? Bohuat?

Looks like volume is decreasing and in a downward channel


Also, ringgit seems to be on the rise these few weeks


This post has been edited by Coup De Grace: Apr 25 2017, 12:16 PM

My 3 sen.

Currently based on the immediate chart, Poh Huat current downtrend indicates that the stock is consolidating its recent gains.
Consolidations are healthy in general... but ....
Sometimes, such consolidations could turn into a Chinese water torture hell if we are not too careful...
ie before one realise it ... the consolidation could turn into a massive correction....

trading stocks is mainly about managing your risks.
risk management is very important.

Now if you notice the two long black candles towards the mid/end March...
those two candles coincides with last time one saw any significant trading in the stock...
In such a case, I would be forced to consider the possibility that some stronger hand in the stock had let go of their position in the stock...
and as it is... the decreasing volumes simply indicates that the possibility the lack of serious buyers for the stock at current price levels....

* note .... the word 'possibility'....

As it is, I rather play safe...
buy higher a few bids....
and let the stock break out of this current consolidation first.....

thru past experiences...
I find that it's more rewarding to be more patience in such cases...
don't rush to buy...
let the stock start a new uptrend first.....



Then, I would also look at Poh Huat on a longer time frame (ie adjustted for bonus+dividends)



My interpretation.

The stock run till now is fairly impressive and if I compare it vs the usd/myr on the same time frame, I feel the stock is highly reflective of what the USD/MYR is doing..



As it is.... based on the longer charts....
I do not see much incentive to go into such a stock....
for I would be focusing on the risk of weakening USD.....
plus... I would be concern of Trump's policies? (Did you see the latest news on the 20% levy on Canadian lumber?)