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 Stock market V23, New PM in the house

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chyaw
post Apr 13 2009, 02:00 PM

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I define them as stocks that when you buy, you don't think of keeping it. My all time goreng stocks are SAAG and Ramunia. Proton almost become my goreng stock when the price was 1.50+. Too bad, I already put my stake in SAAG and Ramunia at that time. My boss follow my advice and buy Proton for goreng. Less than a week, he got 20% capital gain. That's shows I got no luck in goreng... sad.gif

QUOTE(SKY 1809 @ Apr 13 2009, 01:52 PM)
Sometimes it is quite hard to define Goreng stocks.

To me, IOI and genting are also goerng stocks.

Dare to buy only they are " cheap".
*
mo_meng
post Apr 13 2009, 02:01 PM

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goreng terms is very subjective
Neo18
post Apr 13 2009, 02:07 PM

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i sold MASTEEL 22800 unit @ RM0.757.. waiting to off load my COASTAL @ 1.36
chyaw
post Apr 13 2009, 02:09 PM

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Hi Neo,
Are you following my advice? How many % you're dumping?

QUOTE(Neo18 @ Apr 13 2009, 02:07 PM)
i sold MASTEEL 22800 unit @ RM0.757.. waiting to off load my COASTAL @ 1.36
*
panasonic88
post Apr 13 2009, 02:09 PM

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QUOTE(Neo18 @ Apr 13 2009, 02:07 PM)
i sold MASTEEL 22800 unit @ RM0.757.. waiting to off load my COASTAL @ 1.36
*
aiseh, no wonder i see Masteel price tumble, it was you!!! tongue.gif


Neo18
post Apr 13 2009, 02:14 PM

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QUOTE(chyaw @ Apr 13 2009, 02:09 PM)
Hi Neo,
Are you following my advice? How many % you're dumping?
*
i'm dumping 2% lo...

will dump another 2% when market goes to 950, another 2% when market up 960, another 2% when 970!!!

most of my stock high dividend stock leh.. very difficult to dispose off.. sim tia!!!

cherroy
post Apr 13 2009, 02:17 PM

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QUOTE(Neo18 @ Apr 13 2009, 02:14 PM)
most of my stock high dividend stock leh.. very difficult to dispose off.. sim tia!!!
*
One advice, do not fall in love with any stock, because stock never will love you. biggrin.gif

You love someone that won't love you at all, it could be painful over the long term. laugh.gif
Joking only.
panasonic88
post Apr 13 2009, 02:21 PM

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QUOTE(cherroy @ Apr 13 2009, 02:17 PM)
One advice, do not fall in love with any stock, because stock never will love you.  biggrin.gif

You love someone that won't love you at all, it could be painful over the long term.  laugh.gif
Joking only.
*
we have a love expert here whistling.gif
Neo18
post Apr 13 2009, 02:25 PM

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QUOTE(cherroy @ Apr 13 2009, 02:17 PM)
One advice, do not fall in love with any stock, because stock never will love you.  biggrin.gif

You love someone that won't love you at all, it could be painful over the long term.  laugh.gif
Joking only.
*
several factor i'm considering..

- i don't need money now.
- i'm happy with 7% return, 4% dividend + 3% capital appreciation
- i still have300k bullet to shoot. I allocated 20k each week
- since i dispose 20k, this week, i will have 40k to shoot.
- I will only buy when market goes back down minimum 920, even that, have to c certain counter.
- for each week, i'm not buying, money will be rolled over to next week.
- if i don't buy this , next week i got 60k to shoot

i hope i can hold on to this strategy

This post has been edited by Neo18: Apr 13 2009, 02:29 PM
SKY 1809
post Apr 13 2009, 02:26 PM

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QUOTE(Neo18 @ Apr 13 2009, 02:14 PM)
i'm dumping 2% lo...

will dump another 2% when market goes to 950, another 2% when market up 960, another 2% when 970!!!

most of my stock high dividend stock leh.. very difficult to dispose off.. sim tia!!!
*
Good way to re balance between Shares and Cash.

Get more cash when shares go up.

Get more shares when shares come down.



Neo18
post Apr 13 2009, 02:27 PM

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if market hit 1000 point, i hope to liquidate at least 20% of my holding

not too much, not too less..
kitzai1981
post Apr 13 2009, 02:27 PM

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QUOTE(sparkling @ Apr 13 2009, 02:28 PM)
I got hangus bcoz of Zelan. Now not dare to goreng goreng anymore.
*
Zelan was quite speculative, so think better play long term... rolleyes.gif
cherroy
post Apr 13 2009, 02:28 PM

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QUOTE(panasonic88 @ Apr 13 2009, 02:21 PM)
we have a love expert here  whistling.gif
*
oi, this is not cupid section lah.
I am little old for that liao. biggrin.gif

But seriously I do see a lot of people fall in love with their favourite stocks, which is the mistake general people did, especially goreng one.

SKY 1809
post Apr 13 2009, 02:32 PM

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QUOTE(Neo18 @ Apr 13 2009, 02:27 PM)
if market hit 1000 point, i hope to liquidate at least 20% of my holding

not too much, not too less..
*
Neo ,

CI from June cut to 30 counters only.

CI could be at 1000, the prices of shares could still stay at the bottom.

Sorry to make you worry.
Neo18
post Apr 13 2009, 02:36 PM

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QUOTE(SKY 1809 @ Apr 13 2009, 02:32 PM)
Neo ,

CI from June cut to 30 counters only.

CI could be at 1000, the prices of shares could still stay at the bottom.

Sorry to make you worry.
*
ok thanks for your advise..


Added on April 13, 2009, 2:36 pm
QUOTE(SKY 1809 @ Apr 13 2009, 02:32 PM)
Neo ,

CI from June cut to 30 counters only.

CI could be at 1000, the prices of shares could still stay at the bottom.

Sorry to make you worry.
*
ok thanks for your advise..



This post has been edited by Neo18: Apr 13 2009, 02:36 PM
kitzai1981
post Apr 13 2009, 02:49 PM

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axiata U-TURN now.....
kmarc
post Apr 13 2009, 02:49 PM

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cry.gif cry.gif So many boats left port...... cry.gif cry.gif

At least I'm happy to be on the slow Kinstel tug boat.... icon_idea.gif
Freelancer
post Apr 13 2009, 02:51 PM

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Genting's boat still waiting. Now down 20 sen already. Care to hop in? hmm.gif
mememe12
post Apr 13 2009, 02:52 PM

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QUOTE(kitzai1981 @ Apr 13 2009, 02:49 PM)
axiata U-TURN now.....
*
hmm.. i m thinking of what price to ride the boat sad.gif hmm.gif
kmarc
post Apr 13 2009, 02:53 PM

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QUOTE(Freelancer @ Apr 13 2009, 02:51 PM)
Genting's boat still waiting. Now down 20 sen already. Care to hop in?    hmm.gif
*
Where got? Genting cruise already went round the world and come back to pick up small fishes..... no way I'm going in..... tongue.gif

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