Chloe Tai Blog
I have given up hope on KLSE
I have started blogging on the following few topics:
SUNWAY-WB [FIRST-OF-ITS-KIND FREE WARRANT] publishef on 1 October 2017
Dufu - Opportunity in Competitor's Disaster published on 23 October 2017
The risk of converting warrants with the hope for a quick gain, e.g. Trive-WB published on 30 October 2017
HUAAN (2739) BREAKOUT ON 31 OCTOBER 2017! published on 1 November 2017
JHM (0127) BREAKOUT ON 3 NOV 2017 (10 CONSECUTIVE QUARTERS OF GROWTH) published on 4 November 2017
What are the outcomes?
(1) Sunway-WB was given free to me but its price has collapsed from its peak of RM0.735 to close at RM0.59 today.
(2) I bought DUFU on breakout at RM1.46 but it closes at RM1.29 today.
(3) I converted TRIVE-WB at the cost of RM0.150 and taken profit at RM0.16 for 6,000,000 shares with a net profit of RM54,000.
(4) I bought HUAAN on breakout at RM0.310 but it closes at RM0.245 today.
(5) I bought JHM on breakout at RM3.15 but it closes at RM2.95 today.
I have gained on two transactions but lost on three transactions.
Change in current year:
Market Current End 2016 Pct Move
Singapore 3422 2880.76 18.79
Bangkok 1714.5 1542.94 11.12
Manila 8293.52 6840.64 21.24
Jakarta 6032.704 5296.711 13.90
K Lumpur 1720.15 1641.73 4.78
Ho Chi Minh 926.1 664.87 39.29
Why is Malaysia market could not boom like other ASEAN countries? Uncertainty of the coming general election perhaps? What a big let down.
When the whole world markets set new record highs, our KLCI keeps on making new lows.
When the whole world markets are in serious correction, our KLCI will crash.
Please note that all the KLSE indices are below 20 days EMA, it means that the market sentiment is super bearish.
Despite bullish oversea stock markets, KLSE remains the worst market to invest.
The Q3 GDP growth is 6.2%, but our market is heading into a new low today.
Hence, I have given up hope on KLSE.
More articles on Chloe Tai Blog
SKBSHUTTLE - Door Specialist with Expectation of a Record ATH in Earnings
Created by ChloeTai | Jul 31, 2024
IJM - Kuantan New Deep Water Terminal (Compared to Tanco's Smart AI Container Plan)
Created by ChloeTai | Jul 29, 2024
The NDWT at Kuantan Port is making huge amount of profit at present (for IJM) while the Smart AI Container port at Port Dickson (a plan by TANCO) can only be materialised in the year 2030.
NATGATE - A FUNDAMENTAL SOUND MULTI-BAGGER GEM
Created by ChloeTai | Jul 18, 2024
NATGATE is a multi-bagger AI technology gem.
CGSI Reiterate ADD for IJM with a higher Target Price of RM4.40
Created by ChloeTai | Jul 16, 2024
IJM new Target Price is RM4.40 forecasted by CGSI.
GAMUDA - A True King of Construction
Created by ChloeTai | Jul 14, 2024
GAMUDA is the king of construction throughout the world (not only in Malaysia).
Sunway Contruction (SUNCON) - CGS reiterate ADD with a higher TP of RM5.46
Created by ChloeTai | Jul 12, 2024
SUNCON TP of RM5.46.
Gamuda - CGS reiterate ADD with a higher TP of RM9.50
Created by ChloeTai | Jul 12, 2024
Gamuda TP of RM9.50.
Discussions
2 people like this. Showing 50 of 77 comments
Your selection of stocks n timing of entry n exit can be improved ..to give u an extra edge n holding power to ride out the volatility.....nothing moves in a straight line.....
2017-11-22 12:34
Everyone rush into Bitcoin already
:) this market will become history. Director who still dumb dumb hold their useless regulated toilet paper.
2017-11-22 12:54
big shark already take vacation, only retail investor support the market i guess.
2017-11-22 13:10
lextcs bursa is always the last mkt for any overseas funds to look at. I mean why should they look at us? ringgit is on a long term decline against every imaginable currencies. You have our flip flop goons running the system pretending to be smart when they are not. Some of the funds just come over and nibble here and there for 'yin chow' or entertaining sake. Bursa is such a controlled small tiny winny mkt. The fact is the system is run by 'red eyes' little napoleons who know nuts about what free mkt is all about.
22/11/2017 08:59
HAHAHAHAHHA..give you one BIG like...all newbies should read what you write..this is something i have noticed too after few years in KLSE..HAHAHAH
2017-11-22 13:37
market is filled with plentiful of stocks for you to dabble on and yet if your selection is not making monies do not blame anyone.
that's my opinion.
2017-11-22 13:57
Not so long ago, recalled that RM was worst performing currency in Asia and now Bursa is worst performing market. Seem never ending of getting a last place. Issue of undervalue never goes away (for a long time) and never or ever align with fundamental...
2017-11-22 14:27
Bursa probably is just a balancing number or roundup number for foreign fund
2017-11-22 14:29
Want long but fat say Bitcoin is a mirage
So I say stock market is Ponzi + mirage + bubble
Let's see who is the winner?
:))
2017-11-22 14:31
I have lost hope 3 years ago. I have shifted my portfolio to overseas in properties, business, FD, Forex. In fact 80% of wealth not in Malaysia.
2017-11-22 16:04
try options trading in US...damn syiok win or lose...but so fair and transparent. Its like banker and player. choice is ours. blame no one.
2017-11-22 16:44
Most of us buying individual stock and no KLSE index, there are many more good and up moving stocks. Why choosing stock that have bad fundamental and hope for sudden shoot up?
2017-11-22 17:02
Many are gamblers in Bursa. Hope somebody goreng someday ma.
Posted by Alibabah > Nov 22, 2017 05:02 PM | Report Abuse
Most of us buying individual stock and no KLSE index, there are many more good and up moving stocks. Why choosing stock that have bad fundamental and hope for sudden shoot up?
2017-11-22 17:30
When the fresh team is in charge, they will breath refreshing air into our market...Sabar
2017-11-22 17:33
chloe you sell your body can earn way more than Bursa la. do it la - assuming you looks OK. if not SAD lo
2017-11-22 17:47
Aiyoyo, then why are u here in klse.i3investor.com????
better say u lost hope in Earth and now put your money in Mars.
Posted by 914601117 > Nov 22, 2017 04:04 PM | Report Abuse
I have lost hope 3 years ago. I have shifted my portfolio to overseas in properties, business, FD, Forex. In fact 80% of wealth not in Malaysia.
2017-11-22 17:47
When everybody's hopes are destroyed...
That is the best time to enter
At dawn, look to the East! The Beacons are lit!
Look at last year. And then early this year.
Then add the elections...and the GDP numbers...
2017-11-22 17:57
Malaysia reported accelerating GDP growth in last two quarters yet the local stock market has been performing cibai-ly bad all these while, it only adds frustration and agitation to market participants.
Despite promising economy data, funds (local and foreign)have been selling down our own index instead of lifting it up, what the fuck is this man?
Are those local funds run by baboons and chimpanzees, why do they join the sell down party? This is outright self-sabotage and self-destruction.
IF they are doing this by purpose to sweep all the share cheaply, then i must say they are too stingy, wanting to own every piece of share yet unwilling to do the job of lifting up the price.
2017-11-22 18:09
Thailand SET index is now only few points away from surpassing FBMKLCI, to put it into perspective, SET index started at 460 in 2009 while FBMKLCI started at 878 in 2009. How bad is Malaysia? You figure yourself lah.
2017-11-22 18:19
KLCI to hit 1,800 by year-end, says TA Securities research chief | http://www.klsescreener.com/v2/news/view/310045
2017-11-22 19:56
Most trader gauge the market health by KLCI (30 stocks out of 900+ stocks in KLSE). Take a look at FBM70 (just hits record level this month), Technology index near 12 years high, Industrial Products index hits record high this month. Goes way the money is, by using top down method to analyse the market, not just by looking at FBMKLCI. Look at the whole forest, not just a part of it. One part is bad, sure there are parts that are good
2017-11-22 20:12
KLSE is ok lah. Patient, skill and hard work.
Boring time is the time to buy mah.
2017-11-22 21:47
https://klse.i3investor.com/blogs/mycfmusings/56890.jsp Good reads on top down methodology -
2017-11-22 22:57
1) Dufu is a decent counter but you went in too early, you should wait the price breakout above RM1.62 and the best entry price is RM1.63. Even after your entry you also need to monitor if the price doesn't close at all time high or below your entry price, you need to sell immediately to wait for the second time.
2) Huaan is a one hit wonder at the moment and you chased price to it. It has done too many upside already after their Aug 29 report. It did another gap up after Oct 30 report. Since then it has been doing pullback. You will need to wait at least 6 months/2 quarters report before it might start moving again because all the upside has already done although the following quarters have been showing good results. During these waiting wait for their resistance and consolidation. If this counter is solid, it will move again and use the same strategy of going in.
3) JHM you went in too early. you need to wait the breakout price cross above RM3.36 and the best price to enter is RM3.37. Same strategy, once go in make sure the price close all time high. If not is better you sell and wait for the next time.
You are very good in fundamental analysis based on your blog post but it doesn't come across to me that you have know some technical analysis. Its better if you learn some chart patterns, the concept of support, resistance and trends, second plan if doesn't work. The counters that you picked are decent counters. Its just that you're poor in entry timing. Your method is using value investing method but your mindset is not value investing. You will need to re calibrate your method and mindset. If not you will post the same blog post again and again
Read some books on technical analysis will help you like how to make money in stock by william oneal or chart pattern analysis by Fred Tam.
2017-11-22 23:49
Kinyuen ng , you go check out 900stock in malaysia share price moving you will know how bad malaysia stock market。
Are you blur? only looking on hot stock ?
2017-11-23 00:03
Write a comment..Global stocks scale fresh record high, oil price up | http://www.klsescreener.com/v2/news/view/310379
2017-11-23 07:20
Say, stock is an leading indicator of real economy. So-called experts expect economy to be sluggish next year after CNY.
I bet differently. Next year will be great, real economy recovered from GST-shock, MYR continue appreciation and OIL continue charging.
腳軟的靠邊站！
2017-11-23 08:39
sunway wb way too overpriced le..of course collapse le..exercise price alone alr 1.86..way more than the mother share..add in wb price..lagi overload.
Follow the trend..like now and the foresee future..most of the money is in tech stock...so those in semicon industry will do well...look at inari..penta..kesm..
France and UK is alr pushing for fuel free cars in the next 10 to 20 years...oil price will be lower..but you can see effort from the middle east to up the oil price by cutting production..so for now..it can be safely estimate that oil price will hover ard 60 to 70 ish tops
The next big thing will be all tech based..since AI is alr taking over most of the labour jobs and possible cars too. Electrical components and batteries and semiconductor will continue be good in the future. Even in poor countries technology are growing...just based on the usage of modern day touch phones.
So testing equipment for semiconductor and electrical components will be good too.
only drawback now is that MYR strengthening..so investors will of course be cautious of that too.
this year's trend is aluminium too ..since aluminium price shoot up..but only PMETAL is really going up la.. lol.
Anyone got any other ideas as well? feel free to share.
2017-11-23 08:50
all drama la.. so easy to make money here. cipet..I got over a million also can get 50% return this year. Of course not match for Bitcoin but still...
not bad ma. 500k here + 500k in business...sui sui can drive R8 and have different women every week. Not good meh.
Chloe, you wanna earn more? Come work in my massage center, got vacancy for cute girls, but if you fat don't bother. TQ
2017-11-23 08:53
ohh..another thing..dufu is old school tech based on physical data storage..now most big companies offer cloud services le..look at apple..amazon..and microsoft esp..when microsoft share price was stagnant..and the new CEO direct them to cloud business and earnings increase and share price increase also.
HUAAN...penny stock la..not easy to play..you have to be very good at TA to time the entry point cos i dont think their fundamental is that good...goreng stock also need to have experience.
instead of straight up giving up..just learn from it lor..i mean..i survived 97/98 and 2007/08 ..KLSE still here mah..ppl are still earning money even after that...
USA stocks..at one point was damn QUIET( whoever reading this ..this is how QUIET is spelled not 'QUITE') too...as recently as 2012 through 2013 but now..look at them few years later.
Buy bigger companies stocks le..rather than those few mid to small size company you just mentioned (besides sunway) cos your way is more like banking on fast and furious returns..Just my observation only le..
Adults reflect and learn
Kids complain and blame.
Be the bigger person.
Just my two sens la..dont condemn me.
2017-11-23 09:09
alphajack all drama la.. so easy to make money here. cipet..I got over a million also can get 50% return this year. Of course not match for Bitcoin but still...
not bad ma. 500k here + 500k in business...sui sui can drive R8 and have different women every week. Not good meh.
Chloe, you wanna earn more? Come work in my massage center, got vacancy for cute girls, but if you fat don't bother. TQ
23/11/2017 08:53
dont lie..you are donald trump ..richest president of USA..you worth a billion USD...LOL..
2017-11-23 09:20
Fun manager want to have fun too, they buy a lot of Bitcoin, they even launch Bitcoin mutual fun? Have fun.
2017-11-23 10:35
Partly blog writer is right. Place FD sure earn money. Perhaps wait GE over better chance?
2017-11-23 12:46
KLCI is only a index of 30 biggest stocks in KLCI, they are other hints that we can follow like Technology index is at 12 years high (Inari, Penta, JHM etc, look at their performance both price and profit performance), and Industrial Products index is hitting all time high (glove - topglove, harta, comfort, electrical goods like VS, Skpres, Tecfast etc). Learn to use the indices to track where the funds flow into. Be a market followers
2017-11-23 21:30
Bitcoin and shitcoin everyday pump and dump like going to funfair, here all markets look like dead fish, no wonder fun manager also move to pump Bitcoin. I think most directors here also dump their toilet paper to buy Bitcoin. What a joke, next EPF also want to pump Bitcoin??
:)
2017-11-24 00:02
My shitcoin airdrop made out from nothing also can pump into the moon.
Klci is a complete laughing stock.
So far this month I received more than 50 airdrops, all of them worth ranging $10 to $1200.
:D
2017-11-24 18:11
5 years later bursa is still a disaster. Seems there is no progress whatsoever as long as I remember. Time to clean it up !!!
2023-08-23 12:31
"Posted by Bao Jie > 2017-11-22 13:07 | Report Abuse
Go for fixed deposits. Then u dont need to worry"
=======================
Bad advice! Banks do not guarantee. Maximum compensation is around 250K
2023-08-23 15:32
Posted by SALAM > 2017-11-22 17:33 | Report Abuse
When the fresh team is in charge, they will breath refreshing air into our market...Sabar"
==============================
Changing people is not a real solution. It seems this is the only option they know.
They ignore elephant in the room.
2023-08-23 15:36
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2017-11-22 12:08