Supermax .... again???

I know you always like Supermx and probably a shareholder too but I don't agree you using that 'remark' as an excuse.

Why?

If you do your homework, you would have clearly seen that their earnings performance has been really shitty la.



So if you earn less and less money who wants to buy your shares?

LOW PE RATIO also simply means TARAK LAKU.


Oh yeah... what about the contact lens venture recently?

I for one would be utterly pissed off if the company I own simply simply diversify into totally unrelated business.

Aluminium seems to be in play

Lbalum:


Alcom:

indeed, they have been consistently bad despite the competitor is doing well during the MYR depreciation. Last I entered as an alternative to TG, manatau has been consistently under delivered.

This post has been edited by cheefai7: Jun 29 2017, 09:27 AM

I would put my bet on COMFORT and CAREPLS..

CAREPLS current PE is around 67 while COMFORT PE is around 12 but both of them having about the same forward PE..

They are smallish player, so new line expansion will have more effect on their top and bottom line..

And also.. both of them showing strength recently..

For me dividend is no issue as long as there is profit growth..

For dividend play, usually the time frame for investment will be longer..

To invest in dividend stocks, we need to look for one that has strong cash flow and is able to keep increasing their dividend payout..

My 2 cents.. 

Still got more leg up?

Which one? Lbalum?

I think may go up till announcement of QR result. Looks like traders are expecting a better QR

The thing about these 2, there are too smallish to be taken seriously. I would not look beyond TopG or Kossan or Harta.

Anyway, I am utterly uninterested in this sector.
It's way over crowded and all the major players are grossly guilty of over expansion.

My 2+1 sen.

Ahhh.... remember theme plays like Elections?

Now that Raya is sort of over....
ask yourself....
has there been a Raya rally this year?

Do the same for others....

2+1 cents taken..

Do you mean they are too small compared to the other big boys in the industry?

Looking at their market cap, they are not that small..


Pasiseh.. I don't understand this.. aluminium counters have correlation with hari raya? Care to explain?

Yes, too small compared to other big boys in the SAME industry.

Oh... some like to play stock based on certain themes such as ELECTION, Raya, Depavali, Christmas, CNY etc etc etc....
Since Raya is over... if one plays based on such themes, shouldn't one mark down what had happened this Raya?

Missed that statement.

Dude... check your live stock quote data...
The market cap info is there.

eg. TopG market cap 7.27 Billion vs Careplus market cap 207 million only

Why Traders Give Back Profits After Winning Streaks
By Nial Fuller in Forex Trading Articles | 28 Comments

How many times have you hit a big winning trade or a series of winners and shortly thereafter given all the profits back and probably even more? I don’t know about you, but this scenario was one I found myself in more than once early on in my trading career, so I know just how frustrating it can be.
Whilst there is probably a number of reasons you are giving back your trading profits again and again, there is one thing they all have in common: Recency Effect.

Recency Effect is a psychological phenomenon that describes how people are more likely to remember and act in accordance with events that happened more recently, compared to those that came before. It sounds like it’s just human nature, and it is, but as traders, we need to understand the profound implications the recency effect has on us, if we let.

When a trader focuses too heavily on his or her most recent trading results, it causes them to lose focus and perspective. In trading, it is EXTREMELY easy to become overly-influenced by our most recent trade(s), and this can cause us to do all kinds of stupid things.

Recency Effect is the root cause of why traders give back their profits again and again. The main reason it causes traders to give back profits, is by giving them a false sense of confidence about their trading abilities…

False-confidence: An enemy in disguise

When we become overly-affected by our most recent trades (recency effect), it typically manifests itself by feeling a false sense of confidence.

For example, a beginning trader might get lucky and start out doing very well, hitting a string of three straight winners, which is entirely possible even if they don’t know what they’re doing. Now, let’s say the market conditions at the time of the winners were “easy” conditions; very strongly trending, easy to quickly profit in. Next, let’s say the market conditions change suddenly but that trader just keeps trading because they are feeling very confident following the ‘easy money’ they’ve just made. A lack of education, understanding and trading skill, combined with this false-confidence cause the trader to keep trading, but now the trader loses all the money they made on their three winners.

This type of situation is very common and nearly every trader experiences it at some point. False-confidence will make you feel like you’re smarter than you are, like you have some trading ‘gift’ that ‘other people just don’t have’. Well, you probably do not have such a gift (it’s rare), and when you are feeling like you do, it’s a warning sign you’re about to lose some money to the market.

The key to overcoming Recency Effect and false-confidence, is by remembering that thinking in probabilities is the key to lasting trading success. In other words, we are trading probabilities, not certainties in the market, and every trade is unique and independent from the previous one; so, your previous trade result has no influence on your next trade’s. This is how you have to think if you want to get in the proper trading mindset. It is when you start assigning too much importance to your more recent trades that you lose sight of your trading plan and long-term trading goals and start losing money regularly.

Cold, hard, cash.

There is nothing more real than cold, hard, cash in your hands. The feel and smell is something that creates a sensory connection and as a result, an emotional and psychological one as well. This is quite a bit different than what happens when you are simply staring at digits on a computer screen.

What is my point you ask?

When we never touch our trading money, specifically the profits we make from trades, it becomes an intangible and thus insignificant thing to us. In short, we care less about it.

What easier way to give back your trading profits than if you don’t care about them? I guarantee you if you held $500 cash in your hands and another trader walked up to you and tried grabbing it from you, you would probably punch them in the face, right? But, when that same $500 is on your computer screen and you can’t see who is taking it from you, you simply shrug and feel a little upset at the loss, and maybe chuck another $500 in your account.

Do you see the problem here?

Here’s the solution: Each month, if you made money trading, even if it was $10 profit, WITHDRAWAL SOME IF IT, and go get that amount out of an ATM or from your bank. Set that cash on your trading desk or put it in a jar where you can easily get to it. Take it out once a week, play with it, smell it, whatever. Realize that it’s REAL money and that you really don’t want to lose it! Now, trade in-line with that feeling. In other words, trade defensively, in order to preserve your trading capital, because THAT is how you survive and eventually thrive in the world of trading.

Conclusion

Unnecessarily giving back trading profits is probably the most frustrating part of trading and If allowed to spiral out of control, can trigger an avalanche of trading mistakes that eventually lead you to blowing out your account.

By sharing these insights it is my hope that you avoid a situation where you have grown your trading account and then proceed to lose all your profits. The mental aspect of this event can do long term damage to a traders confidence. It can be hard to recover both mentally and financially from such an event, so it’s very important traders are prepared.

After working with my students over the past decade the most common trait that I see bring down a trader is ‘over confidence’ after they experience a winning period. I encourage people to remain humble and treat each trade and each day the same as they did all those before. There is no room for egos in the market, nor is there any room for hot headed traders who feel the need to prove the market wrong, usually trading erratically to claw back losses or stubbornly holding losing positions.

http://www.learntotradethemarket.com/forex...winning-streaks

I mean they are not that small compared to other small caps.. 

You got to compare against the SAME industry.

i thought he compare same industry..suddenly compare with small cap pulak

haiyo boon, don't always pour cold water leh

best investor always choose stock which is not laku

ok ok back to trader corner.

currently looking at Luxchem, macam exploding. breakout from resistance, what's next?

and wanna ask, how come stock like harta, vitrox, kesm... all macam no brake one? how do you explain such matter? high PE means very laku? but earning trend DOES NOT lie, Q-Q up 20% but share price up 100%, where has logic gone to?

Telling my honest opinion on Supermax is considered pouring cold water meh?

your opinion is pretty much valid, but already onboard to supermax since 3 years back. have to agree with your statement that it doesn't perform like others

consolation? dividend that are on par with FD

I got elephant's memory ma.... and of course I remember them old Supermax discussion.