Yay.. now I am Maybank shareholder.

Yes go down more, let me collect more...

When i buy, i only buy 10% to 20% of what i want to collect, so I may buy in several rounds. If you are chasing falling knife you need to stratergize and not put all your money in one lump sum and end up hitting the wrong price. Or even worse, wait and wait..for super low price, end up price not met and lose opportunity as the stock zoomed up.

I usually buy all the way down and then all the way up until my initial entry price. I have collected a whee bit of money when KLSE was >1800 when there are no value buys

Value investing is basically, keep your powder dry and wait for market discount.

This post has been edited by gark: Dec 16 2014, 03:11 PM

10% is ... not hitting minimum commission and.. not more than 2% of portfolio...

This post has been edited by gark: Dec 16 2014, 03:14 PM

8.3X

And it keep going down... wheeeeeeeeee

You gotta be happy during these turbulent times...

If you are worried/panic.. you tend to do stupid things like sell out at the lowest price.

If you cant sleep or your mind affected by your stock losses, it is better you sell it all and put into FD. It is just not worth it.

This post has been edited by gark: Dec 16 2014, 03:36 PM

That ONE day could be next week, next month or next year.. lol

Depends if you got holding power or not?

Ya .. that's why "ONE DAY" is a very dangerous word in investment. Sometimes can wait until die also the "one day" haven't come ..

You still holding tiger bank ah?

This post has been edited by gark: Dec 16 2014, 06:12 PM

1MDB loan is explicitly guaranteed by Govt of Malaysia.. so if it really default (Ie. Government of Malaysia can't pay it's loan), we got bigger problems to worry about than Maybank's share performance.

MBB is down due to its massive rights offer (~RM 300 mil) for it's Indonesia banking arm, which some worry it might cut or reduce dividend payment.

This post has been edited by gark: Dec 17 2014, 03:04 PM

Nope ..

Nope government acts as guarantor. If 1MDB cannot pay, the debt burden will be automatically transferred to GOM. If GOM cannot pay then it will default and have far reaching consequences, at that time RM will be like Rupiah.

DRS depends on the total of dividend per share declared, if they are short of cash, they can declare less DPS, hence less DRS too...

It will zoom past your selling price in no time...

Last few days mega sale.. no pick up any value stocks ah?

I am now looking at plastic packaging manufacturers... export in USD, raw materials priced in crude oil.

The other two reasonable lah.. but Taa Ann?

What did you see that i dont see..?

This post has been edited by gark: Dec 18 2014, 04:06 PM

Broke RM 9 barrier..

Maybank's RM 5.5 billion loan, which has recently been 'extended' and failed to pay by 1MDB is guaranteed by Abu Dhabi Government & Usaha Tegas Sdn Bhd. Since it is a government backed loan, and also backed by Ananda Krisnan's holding company, the chance of default and non payment is very slim.

So I would not think any of these news is detrimental to Maybank's P/L.

http://www.theedgemarkets.com/en/article/c...b-loan-impaired

http://www.theedgemarkets.com/en/article/s...-stain-malaysia

But it does give our government a bad reputation...

Haha Usaha Tegas is the holding company of Maxis Bhd, Astro Bhd, Armada Bhd and others unlisted entity.

If dare run away, will get sued and all the holding shares lelong off to pay the loan...

So dont think they will dare to run... but maybe will delay payment and extend and extend and extend until 1MDB can pay off... but mean time keep servicing interest.

This post has been edited by gark: Jan 8 2015, 05:53 PM

Then why u buy madagascar counter... hovid?

Hmm gonna wait RM 8 for next batch..

And you still sitting at the sidelines..

How to win if you don't bet?