3.90 looks high for me. I'm still waiting for 3.

Ya, what the point of showing the passbook? It can be fake or it can be real. But who care?
There is nothing to prove unless trying to convince people to make a sales out of it, like those MLM or ponzi scheme (which is norm practice in those area). No offence.

Your earn is your earn, you care how much Bill Gates or xyz earn out of the market or whatever?

What everyone care is the information we can gather (even tips) for the future that can lead we earn out of it.
Just like kmarc stated what we interested is the stock pick and analysis that can lead us to gain in the future, but not argue who is better or who is right or who is more succes which this kind of article is meaningless.

Just like we study how billionaire become a billionaire, the way to become success, but we generally don't care how much the billionaire has unless we can share a piece of it. Haha

Just my 2 cents.

How about this counter?

ORNASTEEL HOLDINGS BERHAD
The company officially changed its name from OrnaSteel Holdings Berhad to CSC Steel Holdings Berhad with effective from 17/6/2008. Thus, with the change of name, the old stock name of " ONASTEL" has been changed to " CSCSTEL" effective from 23/6/2008 at Bursa Malaysia. However, the company's stock number remains unchanged 5094.

I bought Onastel back in Aug 2007. During tat time market is booming and steel counter quite active. but i bought very little tat time earn oso abit only.
Din follow much Onastel performance n news since market turn weak.

Cheers,
v_viper88

I think our economic is perfoming better than other country in our region. if u see through 2008, our klse drop fewer in term of percentage compare to others.

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Added on January 11, 2009, 11:28 amwow that is great hope u can share share more info here...

This post has been edited by aoisky: Jan 11 2009, 11:28 AM

At least he 's willing to show that he bought the counter recommended + the realized profit/lost made from his decision.
The passbook is to support his claim on the profit he had made from stock market since some TA guys keep saying he's making up stories and unrealistic profit gains.
Its up to individual to belief whether its true or not.

If you have follow his posting in OSK few years back, you will know Sam try to highlight the danger if follow TA techniques blindly and he recommended to invest stock with good fundamental company. There are some hardcore TA guys alwys attack his postings and make some childish comment spam just to protect their own TA calls.
One of them their blog is <a href='http://www.flying spaghetti monster.blogspot.com/..' target='_blank'>http://www.flying spaghetti monster.blogspot.com/..</a>. tat time everyday also have personal attack on Sam.
It was when the market turn bad in 2008 ..Sam portfolio able to withstand and still able to make profits. The other TA guy websites is as good as bungkus /close shop already.
Maybe tat TA guy switch to a new websites and still continue his attack

OSK forums already been removed since last year due to alot personal attacks comment there and some unrelevent posting. Man.. i used to read OSK forum there .. nice.. can get some snacks + drinks n read how Sam counter attack those TA guys and make them look bad.

Cheers,
v_viper88





This post has been edited by viper88: Jan 11 2009, 12:05 PM

yes, in the legal online gambling, the more $$$ who earn is the winner of the games, the loser will definately losing $$$. the gambles dun care about who behind the boss of genting, bjtoto, magnum, resort... the imprtant is wether the game is still around when we want to bid, if the gamble already place the bid, but the game is declare closed shop, then all the gamble hard earn $$$ is gone to longkang. So, many smart guy in listed company, but at the end still make wrong business decision. Remember, the life span of a company (about 80%) is only 20 years or least after listed. The trend is the king and not the boss. Downward trend is coming soon

This post has been edited by sampoo: Jan 11 2009, 12:24 PM

Here's Asia and Australasia REVISED 2009 GDP forecast : http://www.themalaysianinsider.com/index.p...grim-to-grimmer

Here's our REVISED GDP : http://www.themalaysianinsider.com/index.p...09-gdp-forecast



Haizzz... weekends are soooo boring... later go out buy "The Edge Magazine"

This post has been edited by kmarc: Jan 11 2009, 12:31 PM

Haahaa.. i read abit ady yesterday.... got full 2-3 pages coverage on Syed Al-Bukhari company..
Alot publicity to boost his company stocks..

Our PM have called to speed up the 7Billion to boost our country economy.. a second stimulus also in plan..
http://www.btimes.com.my/Current_News/BTIM...PMWIEF/Article/

Cheers,
v_viper88

This post has been edited by viper88: Jan 11 2009, 01:01 PM

That's why I'm thinking about counters that may go up during the pump-priming....

Now, mana mana shares TAK boleh beli, dunno what shares to buy....

@viper88 - any new strategies or are you still targeting ZELAN?

Yup Cherroy,

He might buy the particular counter first and then his "sheeps, followers" will buy it later. Thus, gorengin is made easier for him and he makes a profit by recommending the stock to the public.

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Added on January 11, 2009, 2:00 pmHere's the thing, unless you are working within the financial industry, you won't be able to get first hand information. Do you guys really trust Malaysian accounting standards?

Look at the biggest bank in the world, Citigroup also having problems with its balance sheet and risk management. Look at Lehmann, look at Wachovia. And now look at Satyam?

Do you guys really trust the Malaysian auditors that's auditing the Malaysian corporations? If not, how do you know that the particular company is FUNDAMENTALLY sound?

Just my 2 cents.


Ahem, T R A N S M I L E ring a bell?

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Added on January 11, 2009, 2:43 pmPurchasing 100,000 HUAAN tomorrow, watching Lion Ind.

This post has been edited by AdamG1981: Jan 11 2009, 02:43 PM

Ya, Sam , the man that should be respected. I rather respect people that go against the trends , with deep thinkings. WIND OF CHANGE.

He could have spent many hours researching into stocks, that many do not appreciate, and yet not earning a single sen from the readers.

Keep up the good works, Sam.

This post has been edited by SKY 1809: Jan 11 2009, 03:40 PM

It is ok for someone that want or willing to share his portfolio, counters he/she bought and recommendation, that generally people would be appreciating it and use it as reference, comparison or whatever.

But don't think need until passbook or whatever to support your claim or whatever. It proves nothing while I don't see what is the benefit of doing so.
If those claim and recommendation is good, then it is good, as simple as that.
Just like some analysts and investors (like Warren Buffett) are well respected in the market place because they are good, but they never shows how much they earns, right? As whatever stock recommendation prior before, its market price and result of gain and loss is known to everyone, without the need of origin recommendators to show to you.
If someone recommend 10 stocks prior before and after sometimes or long term, it does create wealth through the stocks, then it is good and well known already.

If one is good with his/her recommendation and foresight, soon and later people will know and being recognised by the market place.

Stock market or investment is not a race between people. A shows he/she gain 100K, B shows he/she gains 200K.
Then as a reader, you get no information or useful information out of it, but if put in proper analysis and recommendation for the future trend of specific in-depth of economy situation, stock market prospect, then it is benefitting to all.

Don't get me wrong, I fully respected to those blogger whom spent time to share view and put up good recommendation even bad one. Just I don't see the needs of showing up the passbook or one's wealth to claim that. If it is good, then it is good. If it is bad or bullshit, even showing up 100 millions also bad.

Just my 2 cents.

I have to agree with Cherroy. Even if wirelessdude mount thousands of uncalled attacks on me, my replies are filled with sarcasm. And if someone's else stock picks fail to impress, i wouldn't mention it on the forum. It doesn't make me money to embarass someone else. For what? Ego gratification? Instead of blogging about it, i will rather call the person out and see what he's all about. Arguing over the net, thats for kids.

Like i said, there will be haters everywhere. Younger malaysians are known for all talk but no show. If you REALLY want to PROVE a point, call that person out. Blogging gets you no where. Hey, if you have a million dollars in your passbook, keep it to yourself. Not afraid of getting rob?


LET THE HATERS HATE, BECAUSE IT WILL COST THEM MONEY INSTEAD OF YOU.

This post has been edited by AdamG1981: Jan 11 2009, 05:02 PM

Just to add another point, there is no definite right or wrong in stock market. Investment is not a science or engineering topic that based on constant formula and equation, so stop looking for one that is definite correct formula to invest or whatever.

It is perfect sensible and ok to have one agrees on one point while the other one disagree on it. Just put up argument and proper discuss on it, don't need until need to have personal attack or confrontation.

U got some inside info on HUAAN?? coz i was thinking of letting go of mine la. before CNY?
R u buying for long term or quick profit?

well according to Maslow's hierarchy of needs, may be for him to satisfy his self esteem, confident, achievement or respect by others. from my point of view his not ego but rather informative n sharing with public. btw how u know buffet never shows how much he earns or showing his passbook?

Yes , I do agree with you.

If you are to read the coming Annual Reports of most listed cos. Most probably, CEOs are considered to be EGO too.

They would say that DESPITE THE GLOOMING GLOBAL ECONOMIC SITUATIONS, BLAH, BLAH,BLAH , which would have certain impacts on the performance of our co, WE ARE CONFIDENCE THAT....BLAH, BLAH BLAH.

Which CEO is humble enough to says their co is likely to going bust within the next one year , in the Annual Reports.

This post has been edited by SKY 1809: Jan 11 2009, 07:09 PM

A simple theory.
A rich person never said he or she is rich.
Unless needs to show for getting loan , or to convince somebody else to make a sales out of it (just like what MLMers did, no offence).

Respect is gained and given by others naturally, not forcefully by showing to others.

I never say it is wrong to be informative and sharing, instead we all appreciate and thankfulness of it. Just I feel don't need until need to scan passbook to prove it, a bit extreme and unnecessary. Just like I said before, if you are good then you are good, as simple as that.

Ego and self-esteem worth zero in stock market or investment world. What matter is making $$ out of it. Got plenty of $$, whatever self-esteem also can have already.

here is really good for getting/sharing information n also giving opinion. may i ask u what is ur pick for this 1Q of 09?
I m curious. since most sector not performing.

Well mine probably be contra play. Huaan or Lion Ind. We'll see


There are couple of stocks in my list for contra play:
UEMLAND
LION IND
KINSTEEL
WTK
SAPCRES