Btw... wow... your first ever posting in Lowyat. I guess I am honored.

Lurker ah?

Just kidding la. Lowyat forum la. Everyone deserves the right to voice their opinions.

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

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?

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...

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'....

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.

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

How to change?

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.

Just sharing opinion. You are always entitled to disagree.

GL

Sure you don't miss me?

Bored mah plus I saw your hamsap thing got touch 61 sen the other day.


Nah.. I don't trade just cos of the chart. Cannot seem to get comfortable with such trading.

Eh? The klse chart already showed decoupling for quite some time already mah. So I am not surprised with what's happening.

Are you really, really sure you no miss me?

Hidden message la wei




Terror la you.

Nice win streak! Trading like big laupan la :thumbs%

Well done! Keep it up and keep your feet on the ground.

I cannot ride such fast game la.

There was a lot of opportunities recently. Take MyEg. Could one not gotten a good profit? Follow Dali on this one and one could ride one sexy horse for a hamsum profit..... no need ride so fast.. He he he... Ya.. Must kacau u

Man who rides too many horses soon have much pain in butt.

Well it's so true that very few will make money from stocks. Many lose a fortune. Many die trying many different strategies. That is why you need to paper trade for many years before you start playing with real money.

The wise know when to quit...

Thanks for sharing your opinions.

Just for your information, regarding missing out. It's a non issue for me. I will never ever buy a stock just cos fear of missing out. That's just me. Whatever single trade I make, the reasons to buy must exist.