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 Stock Market In Malaysia V7

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Ninjitsu
post Nov 30 2007, 03:52 PM

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QUOTE(jasontoh @ Nov 30 2007, 03:50 PM)
What is your starting capital then? I really dunno how to lose so much money in such a short time.
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I have about RM130K in shares right now.
Ninjitsu
post Nov 30 2007, 03:57 PM

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I'll let you guys know which counter I'm buying so that you guys can sell them and vice versa.

This year's a bad one, for me, at least.
Ninjitsu
post Nov 30 2007, 04:03 PM

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QUOTE(sharesa @ Nov 30 2007, 04:01 PM)
But did you make any gains earlier this year?
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Yes, I think it was less than 10K.
Ninjitsu
post Nov 30 2007, 04:06 PM

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QUOTE(jasontoh @ Nov 30 2007, 04:03 PM)
It's either your timing not correct or you randomly choose due to you have a lot capital in hand. If the 130K u states is still holding, meaning you already lost 1/3 of your capital.    ohmy.gif
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Yep, initially when I bought those counters, they immediately went up slightly, but refused to sell in the hope of making more. But instead they fell heavily within a couple of days. That is when I was stuck.
Ninjitsu
post Nov 30 2007, 04:08 PM

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Euro marts open green.
Ninjitsu
post Nov 30 2007, 04:18 PM

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QUOTE(cherroy @ Nov 30 2007, 04:13 PM)
When you bought initially, you must make up you mind that either you mean it for long term holding (due to company prospect, good dividend yield, higher profit for the company) or you mean just to speculate for short term trading disregard about the company fundamental.

I don't think the portfolio you posted i.e. PMIND-WA & Transmile & CWs has anything to do for long term holding. 99% are meant for speculative and short term trading.
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Yeah, like many of KLSE 'investors', I'm a punter, does not care about company fundamentals and go for high risk counters. Example, Kramat, bought in 2004 for 12.60 1 lot, 12,40 1 lot, 12.20 1 lot and 10.50 0.5 lot. Costs about 43K ady. It went up 13.50 before diving. Now quoted at 5.90 only.
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