Do not forget to be an expert on position sizing.

The virus thing is deadly. As it is I feel US is paying the price of underestimating it, it does no appear if they got any handle of the situation and it is struggling big time to contain it.

Stay safe. Don't trade if the trade setup isn't in your comfort zone. Don't trade just for the sake of trading.

Why not? Why 200%?

Systems, methods are there. There is no 100% good fit. Adjust and adapt and fine tune it so that it fits who you are.

This is normal. Don't beat yourself over it. Such things will happen over and over and over again.....

Go ask in the USA stock discussion...

Reading is always good

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.

Err

Wooooo!!

Yeah, and I still have no tipsy.

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

Can ah?

So many things SPOIL-ed meh?


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

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.

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

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

... the above quotes are just for references .. posted on another thread.

So an emerging fund bought.... the share rallies...



nice eh?

now after a couple of months absence ... here comes the conversion of shares.... again.....

https://malaysiastock.biz/Company-Announcem...aspx?id=1225848



same old same old ..... as the stock gathers some 'momentum'.... tons and tons of PA shares are converted ....

Hahaha.... firstly, I apologise for answering you here. I post it here cause I can find what I had posted b4 much easier.

The following is what one probably should have done.... a few months back, before this 19 became a full blown pandemic, the obvious question or logical one is should one whack on the glove sector? or related sector such as medical supplies etc etc....

For reference ... we have the SARS outbreak ... which happened during 2002-2004.... so the homework has to be done on the leader of the pack, TOPG.

in 2001, it was reporting a total net profit of 17 million. The year when the outbreak started, its net profit grew to 20 million and then 25 million the next year, then explolded to 39 million... and by 2006, with sales reaching almost a billion, its profits grew to 78 million. (numbers were taken from Bursa website and it was from the quarterlies (too lazy to click on annual) ...

so in terms of profits, SARS did had a really positive impact on TOPG.

** ok.. the argument is ... of course .... those were days when TOPG is in its infant stage. It was a baby company then. TOPG now have sales of over 1.2 billion per quarter. Yup, that's how much it has grown. So obviously there will be a BIG DANGER if one blindly assumes that TOPG profit will experience as an explosive growth as during the SARS era.

** 19 is different. It's worldwide and is there any impact on TOPG workforce and any raw material supply concern?



And next, of course, we need to have an indicator or picture of how TOPG fared during those SARS period....



Multibagger!!! A big one....



Well ..... this is what I would have done ......

I agree with you that it all looks way too optimistic right now.

The coming reporting quarter is for the period Jan to end Mar. So the boom will depends on when the orders actually starts picking up...

Nice!! Some great points for and against.

Understanding the risks and rewards in one trade is very important. Always ask is there enough meat (reward) to justify the position....