My Trading Adventure

Financial @ KLSE (part II)

CP TEH
Publish date: Sun, 03 Jul 2016, 09:06 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message


http://cpteh.blogspot.my/2016/07/banking-klse.html

I have shown the charts of banking@KLSE ... as this is an indicator I m using to see any further potential cracks in markets.

Note : I do still like CIMB and bought at 4.22 during Brexit ... unfortunately, sold off a bit. I hv cleared all the stocks to close accounts (end-june). So ... if I have to choose, I will trade CIMB .. the lower risk would be Maybank.

During my market-talk yesterday (will write more about that), I shown banking stocks of US. This is early sign of 'crash' a head ... so, do be wary. Note that I listened to many great experienced investors. They shared with me their experiences ... one of them, CHECK BANKING stocks.

Affin : Dropped 40% from the peak.


AeonCr : Rebounded well ... still 20% plus below the peak.



HLFG : Very resilient too .. dropped only 10% at the moment. HLBank is also very stable ... sideway.


MBSB : Dropped more than 50%, right-issue@RM1. Will trade her next week.


RHBCap : Dropped 40% from the peak. Merger with CIMB deal collapsed.

Will have to go out for teh-tarik and continue with more banking&finance stocks analysis.

TEH
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Discussions
Be the first to like this. Showing 2 of 2 comments

duitKWSPkita

Mr.Teh, may I ask you something?

2016-07-03 22:52

duitKWSPkita

Wait. Let me ask him one by one. We also interested to know what is going on in his mind.

Ask first....

2016-07-04 00:29

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