Highlights

My Trading Adventure

Author: CP TEH   |   Latest post: Wed, 20 Feb 2019, 03:57 PM

 

Averaging down : Gamuda

Author:   |    Publish date:   |  >> Read article in Blog website





Gamuda : If we are caught at RM5, should we be averaging down at RM4? Then .... wait for RM3 to buy more? How about RM2 ... we certainly need huge funds prepared for averaging it. Once RM2 done, are we going to all in at RM1?

This is Gamuda, one of the largest construction company in our country, Malaysia and listed in KLSE. It used to be index-linked, for your info.

Averaging down is not easy ... as we are prepared to be stuck for some time ... and expecting it to have reverse and uptrending again.

But ... we never know the BOTTOM. So, instead of timing the bottom, we buy in stages?

We were taught in very wrong ways/methods of averaging down, actually. We do not simply average it down. It the stock traded at RM5 previously, it doesn't mean RM3 is cheaper? Perhaps, you have bought at RM5 at very high-level? It is VALUATIONS thru biz-analysis and fundamental-analysis ... not base on the price traded in bourse, ok?

Averaging down in 2018 is kinda ridiculous decision to make ... and adding more in 2019 could be suicidal. But again ... no one knows, right?

Good luck to those averaging down. If we know what we are doing, no need to care about what others saying. Stick to our plans?

TEH



Share this

More articles on My Trading Adventure >>


  Be the first to like this.
 
speakup here goes cpteh mocking uncles & aunties again. kesian innocent uncles & aunties get eaten by sharks already, now get mocked by cpteh.
WTF!
07/02/2019 10:52
Bursa2019 ergghhhhhhhhh
07/02/2019 10:56
speakup https://www.malaymail.com/news/malaysia/2019/02/06/now-theres-a-malu-apa-bossku-song-and-the-rapper-wants-najibs-forgiveness/1720317
07/02/2019 10:58
speakup cpteh, stop lah mocking innocent uncles & aunties who already lost money. kesian them. dont lah u be soooo cold hearted.
how u feel if u lose money, then someone mock u kaw-kaw? u suka?
07/02/2019 11:24
Bursa2019 at Gamuda counter ... got I kiddo named CindyBull


bought Gamuda @ RM5 ....uhukkk uuhukkk


now everyday maki PH , blaming PH for the loss
07/02/2019 11:28
speakup pity CindyBull get mocked by cpteh everyday
kesian CindyBull
07/02/2019 11:31
michaelwong Got stuck lah and helping someone to pull his leg in the stranded muddy water....wtf !!!
07/02/2019 18:42
LaoTzeAhSir shut up cp teh. you offer zero value to this i3 community.
08/02/2019 00:08


FEATURED EVENT
 

324  458  490  595 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.315-0.01 
 IWCITY 0.63+0.04 
 AAX 0.26-0.03 
 VS 0.985-0.035 
 HSI-C3W 0.485+0.045 
 DAYANG 0.795+0.005 
 SAPNRG-WA 0.1050.00 
 BARAKAH 0.10-0.02 
 HSI-H4Y 0.135-0.03 
 DNEX 0.3250.00 

SPONSORED POSTS

1. Investment Bloggers Day 2019 MQ Trader Announcement!
2. Investment Bloggers Day - Get your sponsored ticket from MQ Trader today! MQ Trader Announcement!

TOP ARTICLES

1. PANTECH(5125) OR ALL-TECHNOLOGY STOCK IN THE OIL AND GAS SUPER BOOM TIME, CALVIN TAN RESEARCH THE INVESTMENT APPROACH OF CALVIN TAN
2. This company got 5G network prospect + Mahathir factor, ready to punch all the way into glorious moment again Target Invest - We Target, We Invest
3. The Bonuses of Airasia Windfall Profit
4. FPI - Earnings dragged by higher operating cost (HLIB maintain BUY rating with TP of RM2.22) FPI 2大因素前景看好台灣聯友今年再 尋突破
5. Tony Fernandes: This will be best year for Airasia. New platform business will grow ancillary Good Articles to Share
6. Why a second Special Dividend and more - Airasia Windfall Profit
7. DIALOG (O&G Stock) : Will This Be Another QL RESOURCES DUTCH LADY OR NESTLE, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
8. CIMB's downward revision on Bumi Armada is weird - felicity Good Articles to Share
Partners & Brokers