0.87 .. rocket also no so fast

Wow, I Q some of my Zelan at RM 0.89 (for fun), didn't expect it to match at last min....wonder if i put too low never mind i supose, any lucky break I can get is better than nothing...

dude...u dare to hold so long.... remember u buy 0.76 right?

crazy shit... crazy shit

Yup. I think Zelan at current price is low so I'm holding for long-term.

I was the crazed fella that DCA every RM0.05 drop.

Final breakeven cost at RM0.85 (include broker com)

The .89 Q was truely a lucky break...

dude...long term... but if market drop to let say 700 points...maybe zealan is 0.50??? like to hear your opinion.

My purchase at every 0.05 drop only RM 3K, so it doesnt add up to a lot (not like wirelessdude's huge buy transactions). But that means that the volume that I buy increases since my $$ used to buy every time doesn't change.

i.e.


0.90 * 3300

0.85 * 3500

0.80 * 3800


(note: this is my method, pls dont follow unless u are comfortable with it)

---

Added on November 28, 2008, 5:30 pmI also didn't part with all of my Zelan... didnt expect my RM0.89 to really match ma

This post has been edited by PBB boleh: Nov 28 2008, 06:03 PM

When you buy a stock, you'd really don't expect it to drop to 0.50, else why do you buy it in the first place?

Some if aim for short term, will probably buy and sell for 2-3% profit the next day, or even less if do intraday trading.

Important part is, for every transaction, you have your goals. Don't be headless chicken when jumping in.
Make a good plan before you buy, and stick to the plan.

Thus at the end of the day u'll know u made the best out of it.

I got zelan at 0.83 pre ex div, my goal short term.
Despite missing the boat at 0.87 which i should've sold, i q at 0.88

Took another boat at 0.815 for a small profit

Good plan, bad plan no one knows, through experience we'll fine tune our own plans over time.

For me, I buy a stock, with the expectations that it's near the bottom, and if i miss it by 10% i can still average down, i have made plans of all my purchases dropping 10% so that i can buy once more. I don't think anyone buys a share to go long, expecting it to drop 30%++ within his target time frame, else something must be very wrong in his initial decision to buy the share.

Still learning from the others, and sometimes, paying my tuition fees and learning it from the field

This post has been edited by eltaria: Nov 28 2008, 05:39 PM

I Q'ed at RM 0.89 and it got thru....why didn't yours get matched?

That was a couple of days back. I bought it at 1 day before ex date.
saw it climb to 0.875 then i go out for work, come back it's red dee

EPF ur my hero

LOL, I remember that day, I was kicking myself for missing that sell opportunity, looking back now I guess I was lucky I didn't manage to catch it that day

Actually, if after i sold and then i went in again at 0.7x it'll still be a great day for me too. Got distracted with resorts and others for today aim wrong target.. haha

I forsake my initial belief on zelan for another the spur of the moment thingy...

Need to be more calculated, and have balls of steel!!

Must resist other temptations and stay the course!!

This post has been edited by eltaria: Nov 28 2008, 05:53 PM

Wah! You really have lots of bullets.... for this month, my ammo already half gone...

Looking at resort's trend, I think Genting will follow suit - drop another 1-2 days then stabilize at a new price......

Noob question - How to check how much dividend a company was giving previously?

If Resorts giving peanuts dividend, then I want to sell when the price goes up!

Sime Darby Q1 net profit up 44% to RM867m

KUALA LUMPUR: Sime Darby Bhd posted net profit of RM867mil, up 44% from RM601.27mil a year ago, boosted by plantations.

URL: http://biz.thestar.com.my/news/story.asp?f...58&sec=business

Dang.. been bz with work today n no time to follow up with Resort news. i just set queue buy at 2.28 but no match.
After came beck, chk my email got warning news about resorts from my remiser.


RED Alert!!!!!!

=====================
From my view, by looking at the RSI chart, the price could be down some more and maybe could breach RM2.00. The right time to buy if the RSI break 30, but you also need to look at the market sentiment.

=====================
0651 GMT [Dow Jones] STOCK CALL: Credit Suisse downgrades Resorts World (4715.KU) to Underperform from Outperform, cuts target price to MYR1.80 from MYR3.55. Notes Resorts plans to acquire 10% equity interest in US-based Walker Digital but "we fail to see the merits of its related party proposal and, hence, remain wary of how Resorts will invest its sizable cash pile." Adds management unable to provide assurance cash would not be spent on any more related party transactions. Although Resorts outperformed market by 18% in past 3 months, reckons corporate governance concerns could weigh down future performance. Warns foreign shareholdings relatively high, 37% as of end-September; "we think the stock could overshoot on the downside." Shares down 4.5% at MYR2.33. (PVA)
======================

Dun shoot now... very dangerous.... foreign shareholders 37% maybe dumping their shares.
Not sure whether this Credit Suisse trying to scares off normal shareholder to sell off their shares at a low price..
Be careful.

Cheers,
v_viper88

This post has been edited by viper88: Nov 28 2008, 07:00 PM

Air Asia going to drop another bomb next monday big one

What is the bomb?

How about this one?

MAS reports Q3 operating profit of RM44.3m

KUALA LUMPUR: Malaysia Airlines posted lower operating profit of RM44.3mil in the third quarter ended Sept 30 as against the profit of RM376.4mil in September 2007 due to higher operating expenses, mainly from high fuel price during the period.

URL: http://biz.thestar.com.my/news/story.asp?f...30&sec=business

See here...
http://forum.lowyat.net/topic/704791/+280