godbless88

This may/may not be the beginning of a small bear.
Try and check the S&P also, it's not looking good...
Anyhow, in case you haven't sell, it's best to hold on to good FA stock (best coupled with good dividend policy) during uncertain times like these.
In case things rly went haywire, at least you can switch on long term investor mode while enjoying some dividend.
Bear or no bear, there's always investors in the market - be it world war, economic crisis, blah blah blah.

2014-10-11 13:42

yfchong

Like active value investing bear or bull vitaliy katsenelson . All the best

2014-10-11 13:43

godbless88

http://klse.i3investor.com/blogs/ss2020_vaInv/61527.jsp
value investing always survives, cheers people :)

2014-10-11 13:47

Steven Tan

it will last few months...hope just few weeks... down jone, S&P all down 3 digits..

2014-10-11 13:52

kingleecha

When the bear market comes, most stocks whether it's long term/valuable/short term stocks will not have huge buying volumes and even have no buying queue! There's always investors in market, the key is either low or high numbers.

2014-10-11 14:15

calvintaneng

The Best of Times to buy shares is during Market Panics!

Learn to use John Neff method. Submarine Orders!

Or in Calvin's words, "OPERASI TONG SAMPAH"

It seldom fail

2014-10-11 14:33

godbless88

No matter bear or bull will sure end after a certain period of time dear, nothing last forever.
The trick is to hold the right stocks, as no matter how much it stumbled during the period of time, it will sure will climb back soon when things recovered - because people see the value in it. I don't see Apple or Google stocks dropped rock bottom during so many stock market crisis? Even Warren himself brought more stocks recently.
Heart must be steady in the stock market. 80% of the people lose money in this industry because their heart is not steady enough.

2014-10-11 14:35

kingleecha

"The Best of Times to buy shares is during Market Panics! "

Well, This is not a truth. This is just a theory. Less people can buy at the lowest price in the market panics, unless you are big fishes/cash cow. In other words, you might suffer from bigger losses if you keep toping up in Market Panics/bear market unless you have patience to wait for it to move up beyond your buying price.

I think only experienced traders/investors and cash cow could earn big money from stock markets/greedy investors.

"Don't be greedy, I noticed many people(esp. white collars) suffer from it! Unless you have extraordinary trading/investing skills."

2014-10-11 14:46

calvintaneng

Did you notice "OPERASI TONG SAMPAH"

This is different from averaging down one or two cents.

This method involves placing Submarine Orders

Like a share last traded at RM1.00

When there is great panic and force selling try keying in

30 cents (10 lots)

20 cents (20 lots)

10 cents (50 lots)

In 1929 When Dow Crashed One young man keyed in 10 cents for a ten dollar share. IN GREAT PANIC AND CONFUSION HE GOT IT AT 10 CENTS!

This is what is meant by "OPERASI TONG SAMPAH"

2014-10-11 14:52

AhMoi

Looks like more than the DOW's psychological support has been broken


While its back is still ok and holding at this moment... but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now..... and likely to go on..

2014-10-11 14:55

calvintaneng

Look beyond Dow. The Money Printing Press is in Yellen's hand. And she is more dovish than Ben Bernanke.

US market therefore depends on the Intention of Central Bankers

The Rule of the Game Has Been Changed.

2014-10-11 14:59

AhMoi

Errrrr. ... in case you have not noticed the QE has just been ended...

2014-10-11 15:03

calvintaneng

It was a little test to take off the oxygen mask.

When they see the patient dying they will quickly put it back!

2014-10-11 15:05

AhMoi

vultures in the US of A are not shorting the markets because they think the markets will go up....

They think the markets will go down ... if not they will make sure the markets will go down... believe me they have the capabilities to do just that. ..



Posted by AhMoi > Oct 11, 2014 02:55 PM | Report Abuse X
Looks like more than the DOW's psychological support has been broken


While its back is still ok and holding at this moment... but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now..... and likely to go on..

2014-10-11 15:13

calvintaneng

ACTUALLY WE ARE ALREADY IN THE DEPTH OF 2ND WORLD GREAT DEPRESSION IF NOT FOR FED QE!

SHOULD US FED STOP QE MOST US BANKS WILL FAIL! !N 1929 1,000 BANKS COLLAPSED!

FOLLOWED BY WORLD WIDE PANIC & TRADE PROTECTIONISM. IT WAS THE GREAT DEPRESSION THAT USHERED IN THE 2ND WORLD WAR! NAZI GERMANY ECONOMY WAS IN A SHAMBLE!

THIS ROUND IT MIGHT TRIGGER A THERMO NUCLEAR 3RD WORLD WAR!

BIBLE PREDICTED THAT 2.3 BILLIONS (One Third) OF WORLD POPULATION WILL PERISH!

I Think Doomsday Will Be Postponed By Yellen

2014-10-11 15:13

jolie2

i have one remisier loss RM 200k during the 2008 crash when he bought a bank stock in australia .
He taught very cheap as it is the lowest but end up the bank close shop.
Therefore, nothing is cheap during market crash. Wait for it to over then only dip your one toe first. follow-up by 2nd toe. if good feeling , dip your whole head into it. Then only safe.

Don't play-play with your hard earned money.

2014-10-11 15:15

AhMoi

... to just stand aside, let it go and go for a facial instead??




Posted by AhMoi > Oct 9, 2014 09:34 AM | Report Abuse X

Well, the problem now is I could be right, you could be right, everyone could be right..... and wrong at the same time


Totally hate it when things are so freaking complicated... and not straightforward.... to just stand aside, let it go and go for a facial instead??


Long wait and complication always mess up my complexion

2014-10-11 15:17

calvintaneng

Yes! Definitely you MUST KNOW WHAT YOU BUY!

I got 3 friends. One lost RM500K, one RM3 Millions & One RM5 Millions'

The one who lost RM5 millions was the 2nd Richest Car Dealer in Batu Pahat

He escaped to Thailand to avoid loan sharks

2014-10-11 15:18

AhMoi

Just go for a facia.....

Not go for a planned exile to Thailand....

2014-10-11 15:22

calvintaneng

One More Thing

Peter Lynch advocate diversification. If you buy a basket of 10 undervalue stocks 2 or 3 might go bankrupt. But if one is a 10 bagger. You will be more than compensated by the lost of 2.

Of course Warren & Kiyosaki both warn of diworsification

2014-10-11 15:24

AhMoi

Just go for a facial.....

Not go for a planned exile to Thailand....



Posted by AhMoi > Oct 11, 2014 03:13 PM | Report Abuse X
vultures in the US of A are not shorting the markets because they think the markets will go up....

They think the markets will go down ... if not they will make sure the markets will go down... believe me they have the capabilities to do just that. ..



Posted by AhMoi > Oct 11, 2014 02:55 PM | Report Abuse X
Looks like more than the DOW's psychological support has been broken


While its back is still ok and holding at this moment... but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now..... and likely to go on.

2014-10-11 15:26

calvintaneng

But The Best is Invest in your own company. I only have 10% in share market

2014-10-11 15:26

jolie2

dooms day is coming . the ebola spread is getting messy . Sell your share and take your money to enjoy it with your family.

sime darby has a lot of plantation land in liberia. Liberia is badly affected by ebola. Not sure how well our govt prevent ebola, as some of the expatriate from sime maybe travel on and off between msia and liberia.

2014-10-11 15:26

AhMoi

Aiyo you only have 10% in share market but you are posting BUY BUY BUY during good time.... and BUY BUY BUY during bad time too.... That Batu Pahat fella did not listen to you back then huh??? Or he did???

2014-10-11 15:30

kingleecha

Like Sony was a giant electronic empire(corporation) in world, everyone knows Sony. But now there are too many corporations replaced it already. The stock price could be dropped from 38.64 to 9.74 (74.79%). When you see such a good stock keeps dropping, will your mind & soul suffer from that? You are human also, I know your feeling.

Take another giant corporation for example, Apple. A such great corporation could be lost USD44.22(which is 44.22%) in NASDAQ market, how stable it is? What about its price in bear market? How its performance in future, will other brands defeat it, just like Sony before?

Nothing will be last forever! Mr. Chin, even the blue chips may apply it.

*In other words, you might suffer from bigger losses if you keep toping up in Market Panics/bear market unless you have patience (and you don't need that money to survive, whether in economic crisis or not,huh?) to wait for it to move up beyond your buying price. *

** Don't trust news, as it's a tool to fool us!Market always move before the news!

** Anyway, bear market has yet to be confirmed. I have to keep reminding myself to trade&invest with extra cautious.

***Not going to trust the holy Bible, just like the prophet predicted year 2012 would be the end of World. We are still surviving now. Anyway, there were more than 23billion of people has been perished in war/natural disasters/accident/diseases. You may google wars by death toll. How about the unofficial death toll? It's more people died in China especially the dynasty of Qin. The prophet was failed to predict it accurately, obviously! Just because the most number system "He" knew is just "billion"! He needed to threaten people to gain their trusts as well as love, and this is psychological effect, could you understand that? Anyway, I don't think you could understand what I said, isn't it?


Lastly, I will be suffered from greedy! Trade smart, not greed!

2014-10-11 15:38

jolie2

correct
don't greedy in the bear market
but can greedy in the bull market

2014-10-11 15:42

Steven Tan

I already loaded up yesterday...enuf, don't be greedy , so now sit back and relax, as far as I know, US market down but not to the point of 2012 low as yet, so it's more of correction I believe, to be optimistic....if it's true, recovery should be seen in 2months, if not, then longer term lo...

2014-10-11 15:55

KongLanChiow

Post removed.Why?

2014-10-11 16:10

godbless88

Yes of course dear, that's why as I've previously mentioned, "the trick is to hold the right stock." Sony's decline is not a day or two, it's been quite some time already. If you see ur stock performing badly, would you still consider to hold on to it? No right? :)

Apple is a different case study - My personal view of Apple is that it is pretty overvalued for now. Like the iPhone 6 bend incident easily makes apple dropped until around 99-ish (vaguely, too lazy to do research on a weekend). But lemme ask you, did that stop people from buying iPhone 6? Apple are entering China now, what do you think? Chances are people are now buying them for future potential, which probably explains why it is so volatile. Even in a bear market, I don't see Apple will rock bottom - with a good dividend, good business prospect, etc. It will recover back once the bull mkt comes again.

"Treat your investment like your business" - one has to constantly monitor their stocks and research about it. One cannot simply buy a blue chip and think it's a safe haven. What defines a blue chip in the first place? A blue chip today, will it still be a blue chip in the next 10 years? Nobody knows. If investing is so easy, everyone would now be a millionaire :)

Well, everyone has their own investing philosophy, none is totally right, while none is totally wrong - there's two sides to a coin. Mine's value investing, hence it might differ from others. Mr Chin? who's that? D:

2014-10-11 16:10

fortunebullz

Apple wont be the same apple during Steve Jobs time! Today Apple is nothing more that brand stamping! Samsung came out with bigger smartphones last year! Apple used to dominate! Once time Sony was so big that we simply cant live with having Sony tv or Walkman! Time change so rapidly! So don't fall in love with brands! Today you may be proud of owning Toyota or Honda cars but in near future you sure will upgrade to Tesla cars! Laugh, but just last night Elon Musk unveil Model S that can drive itself and park itself as standard offering! That's a game changer and soon all Tesla cars will be able to charge in half an hour time! Fast charging battery technology already becoming new reality, newer smartphones already come standard as half hour full charge!

2014-10-11 16:21

calvintaneng

AhMoi,

Haha!

I am here to practice the Teachings of Ben Graham, Walter Schloss, Warren Buffet, Peter Lynch, John Templeton & John Neff.

To me The Stock Market Is a Very Dangerous Place to Ignoramous. People who invest blindly without doing any homework at all. I hope to warn and get some out of bankruptcy by my presence here.

Mr. N of Batu Pahat made some money in the 1993 Bull Run. But he lost RM1 million by 1996. At that time I was not interested in shares at all. To me shares are a form of gambling to bee avoided. That was back in 1993 -1994.

I told Mr. N, "Forget about the RM1 million you lost, you still have RRM4 Millions left. And in Batu Pahat cost of living is low. So he can actually retire then if he wanted to.

But he didn't listen. He even paid RM15K to install a computer with live quotes in his office. At the end he lost everything.

It was this bitter episode in my friends' live that caused me to seriously do research why people like Ben Graham and Warren did so well.

And when I finished reading "THE INTELLIGENT INVESTOR" that I saw so clearly what true investment is.

2014-10-11 17:05

AhMoi

Divine Divine.... noble intention

But you are posting BUY BUY BUY during good and dangerous time too... how o??


Amyway, was there a George Soros during... Ben Graham, Walter Schloss, Peter Lynch, John Templeton & John Neff time??!!

With programed rapid trading... I think nowadays death in the markets will be more swift but as painful. ....

2014-10-11 17:28

icon8888

Calvin if you are really a follower of buffet and graham, why r u buying crap stock like MP Corp, Mulpha and BJCORP Corp ?

2014-10-12 10:24

calvintaneng

Good Question Icon8888,

This question was posed to me earlier by some concerned friends. They said exactly like what you mentioned. My reply was along this line, "Yes, Warren might not buy them because of Charlie Munger. But both Walter Schloss & Peter Lynch will buy.
Why?

Walter Schloss believe in Buying Stocks with High NTA (Quality NTA) & Peter Lynch believe in Turnaround. Most of the Stocks found in this category consists of Problem stocks considered "junk" by the market.

Even Mark Mobius think along this line of thought, "Buy Good Stock in Bad Times & Buy Bad Stocks in Good Times".

So it is perfectly alright to follow Walter Schloss who I think, a purer follower of Ben than Warren.

2014-10-12 10:45

calvintaneng

AhMoi,

You see, my Sifu is Walter Schloss

It does not matter good times or bad times. The only thing matter is VALUE.
VALUE can emerge in both good times and bad times. As long as WE SEE VALUE we just buy a little.

It does not matter it is monday or friday, beginning of month or end of month, January, May or October. What Matters is this. "WE ARE IN SERIOUS DOING BUSINESS ALL THE TIMES."

AND HOW DO WE DO BUSINESS? WE INVEST IN SMALL PIECES OF BUSINESS WE SEE IN EVERYDAY LIFE. TODAY YOU TAKE BREAKFAST. BREAD FROM GARDENIA? Who own Gardenia Bread?

You brush your teeth. Who own colgate?

You Drive To Church. Which Brand of Car? Mazda? Ha! You bought from BJ Auto!
BUY BJ CORP SHARE!

You Pump Petrol. Which one? Petronas? Then buy Petdangagan shares.

Every day Companies still operate as normal. Good times? All petrol station open its doors. Bad times? So all close shop. No petrol?

Think of it this way then you will know what anytime is a good time if you can find BARGAINS!

2014-10-12 10:56

andychucky28

Trap and trap again. SKL.

2014-10-12 11:31

AhMoi

Calvin,

You think value investing...

I think manual rapid trading....


Doesn't matter, why don't you list here just 5 (Five), with their best bottomest to buy in price and with the best chance of rebound too in the near future. ... of the counters you are looking at NOW for reference. ..


5 with their lowest price possible + will rebound soon


be truthful

2014-10-12 12:56

calvintaneng

AhMoi,

Here there are

1) BJ Corp 51 cents

(TSVT Bought at 50 -51 cents. Supported by share buy back at below 50 cents. Dato Zurainah bought 4.3 mil iculs last 2 months. While BJ Corp's subsidiary companies were up 80% to 300% BJ Corp had fallen from RM1.80 to 50 cents - down 70%) So BJ Corp is now a BARGAIN.

2) Digistar at 28 cents

Insider Bought at 29 cents to 31 cents. Digistar provide services to PINEWOOD Studio (Hollywood survived the Great Depression). Condo Tel in Melaka CDB - very resilient. Also in security (more needed in bad times) & Money Lending (Al longs thrive in bad times.) So Digistar is defensive.

3) MP Corp 41 cents.

New Investor bought at 55 cents. This is a Bombed Out Stock. Next door neighbours are Focal Aim, Scientex & UMLand. All done exceedingly well. Just imagine a 2 storey house in Bangsar now ranges from RM1.5 million to RM2 million & you found one going for only RM20,000 at 1970 original price. Will you buy it?

Of course the house has problem. Decaying roof, infested with termites and others.
So what? Tearing it down and rebuilding would only cost RM200K at the most.

MP Corp has totally missed the Super Bull Run. A really hated and condemned stock with the GREATEST VALUE! (Note: not for weak hearted people)

4) MRCB RM1.56

Massive Resources Cash Bank
This is UMNO's well guarded baby. EPF, Tabung Haji (kept accumulating), Umno cronies are all here. All the Resources are gathered to make this a Blue Chip like CMSB.

Just watch. All Big profitable projects will be given to MRCB. And JB Toll is a BIG CASH COW. Very liquid stock going forward with CASH PUMPED IN BY UMNO.

5) SUPER ENTERPRISE RM1.31

A Super Growth Stock. Insider bought up to RM1.60. Price has fallen far from Insider buying price. It has High NTA, good growth & just paid 5 cents dividend.

Its 9 Assets are All Industrial Properties. With the Latest Budget in favour of Industrial Innovation will benefit Super's Assets.

Best/sell after doing your own due diligence.
Calvin never follow the crowd. Always independent research.

2014-10-12 13:41

tsy88

Hi, all

Super debate going on here!

No one is right, neither is anyone wrong either. There are 2 sides to a coin.

To me,

Do a diligent and constant review
Of what constitutes the best buy and value
Be it bull or bear
Best buy with value will always be there.

At times like these,

Some may think of averaging
Others think of avoiding/sidelining
Some will be buying and buying
The rest will be panic selling

TO ME, CASH IS KING!

2014-10-12 15:08

AhMoi

Ok....

10000 Big 10000 Small on MRCB RM1.56

7500 Big 7500 Small on SUPER ENTERPRISE RM1.31

5000 Big 5000 Small on Digistar at 28 cents


The other pass..

2014-10-12 15:53

andychucky28

All these counters for long term only.

2014-10-12 18:30

sunztzhe

The drop in price of crude oil had spooked the market n created great uncertainty on the global stock markets. There is new evidence that the drop in crude oil prices is being manipulated to punish Russia. The key question to ask are
- will global consumption of energy decrease or increase in the future?
- can the supply of unconventional shale oil have a sustained significant impact on future crude oil supply ?
The global demand for energy produced from crude oil n gas will continue to grow as more n more emerging market countries in former Soviet republics, Asia n South America aspires for US n Western European lifestyle. This can only mean that the demand for energy will increase in the future. Major oilfields in the world r facing declining production n many have resorted to enhanced oil recovery to try to maintain production volume.
Unconventional shale oil n gas accounts for 2%-3% of world supply. The unconventional shale oil n gas has maximum production during the first year n thereafter the production tails off at an exponential rate where the maximum life of the shale field is 10 years. It may even be shorter.USA is now a gas exporter but how long can USA continue to export unconventional gas? The export may not be sustainable over a long time period as shale oil n gas production will be unreliable.

So the key question to ask is how long can the Price of crude oil remain at around USD 90 given that the people in the emerging economies in former Soviet republics, Asia, South America aspire for US n European lifestyle which consumes high energy on a per capita basis? As energy consumption grows in the future, the future demand for crude oil n gas may even exceed the future supply.

2014-10-12 18:53

AhMoi

Punish the Russian and.... the Islamic State too

2014-10-12 19:39

AhMoi

MRCB if drops further may be a good candidate for a quick trade. ..

2014-10-12 19:51

AhMoi

Suppress oil prices so that the IS who is in control of quite a few oil Wells in Iraq would not have oil money to finance its terror....

2014-10-12 19:53

sunztzhe

The unintended consequence of manipulating the crude oil price to punish Russia is that the profits of Major US Oil & Gas corporations will be negatively affected and if sustained over a long term basis, it will trigger mass layoffs in unprofitable fields. This manipulation of Crude oil price to punish Russia is untenable and may not be sustained as eventually economic discipline and market forces will take over.

The mid term USA elections is coming soon on November 4th, 2014 and it looks like Republicans candidates who are pro business have high chance of victory and will most likely secure the majority. If that happens President Obama will be a lame duck president for the remaining term in office and the manipulation of crude oil price may no longer be tenable.

2014-10-12 19:57

AhMoi

Stopping the IS would take precedence.... as Russian will not engage in a war but IS is already in a few...

2014-10-12 20:00

andychucky28

The US market will go up in few years to come especially when the war towards IS is over.

2014-10-12 20:03

AhMoi

The stand off with Russia will last a while and not likely to be overcome with low oil prices

But think IS would not be sustainable for long.....

2014-10-12 20:06