What you're doing is to avoid risk. But of course, high risk, high return. Just before TOPGLOV announced their 1:1 bonus issue, their share price dipped for no reason (You can view historical prices). Probably investors were afraid. If you were one of those who sold, you would have missed out the bonus issue and a potential 10% capital gain.

Not mistaken it should happen around May right? Now is May, we shall see..

Haha I like how people justify when something they predict didn't happen. I mean if the recession can be predicted, then there will be no losers.

So all in or all cash?

And is Huawei still banned?

Mind sharing what you're holding? I'm sitting at 20% Equities 80% Cash

Don't play play if you don't have liquid assets to cover

Next economic crisis unlikely to be banks. Banks already learnt their lesson.
Last time anyone can simply get a loan. Now there is stringent background checks and improved accounting standards to provide better financial reporting.

I'm referring to consumers you and me. Fraud can happen anytime.

Cool. So you're all cash right?

Enron is not a bank lol. And Enron happened during 2001.
Of course it's hard to imagine a big company to fail. Like who would expect Google or Facebook to fall?

Yup. Maybe this time is tech? Haha. I do think a lot of tech stocks are overvalued.

Inb4, people think they can time the market after looking back (post hoc rationalisation).

Just few months back people screaming recession but look at the S&P500 now. Already breach 3,000.

Market timing don't usually work because you will forever be hoping it will drop even further/too scared to enter.

If KLSE opens -40% tomorrow, I bet non of these market timing people will even buy. They will expect another drop in the following day. Before they can enter, it's already +30%.

Just an analogy.

Didn't know KLSE has a limit down. Isn't the index based on stocks like Tenaga, Maybank, TopGlov etc? If all those drop by 30%, how can the KLSE not drop more than 10%?

You are a market timer when you pull out of the market thinking you can reenter later. To be honest, it's easy for people to say they will buy the next day but when reality comes, most will be in fear to even press buy. Plus, most of these market timer's monies are probably be in fixed deposits. Before they can transfer, the market already recover.

For example, just few days back Maybank dipped to around RM8.75 in one day but I bet none of them bought.

Yeah, my dad said that important person is already so old that he can pass away anytime in sleep. When that happens, the market will collapse lol

Agreed. But I disagree with no borrowings. Totally no borrowings shows the company is bad with finances

Just because these stocks shoot up doesn't mean anything.
P/E is relative. Healthy P/E should be around 10-15 but depends on industry. Expect Tech industry to be around 15-20.

Price shooting up but P/E 50+ could mean it was making loss in one of the quarter, highly speculative of future earnings (political stock) etc. Still overvalued in my opinion

Buying for short term then selling to lock in gains is not investing. More like trading.

I don't recall asking for proof. Maybe because the evidence wasn't delivered. I also believe majority of the stocks in Malaysia have fallen since that post.

Inb4, 3 month shows 50% gain but y-o-y shows 100% loss.

This post has been edited by Yggdrasil: Jul 15 2019, 08:47 PM

Out of context. Was just curious if anyone in that thread was a private banking customer. 'Haha' was used to break the ice.

Just and illustration. As long as you get the idea.

Fine to be specific:

Let X be 'huge loss'
50%<X<100%



Obligatory image for people who don't understand what I'm saying.

Wow anyone can say I made 29.50% gain in a day!
Actually, it's 80.91% loss since the day they bought it

This post has been edited by Yggdrasil: Jul 15 2019, 09:11 PM

Puts and calls? Never touch those before?