My Trading Adventure

The 52-week low

CP TEH
Publish date: Sun, 13 Nov 2016, 06:23 PM
CP TEH
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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.


Screening for 52-week low : http://www.tradesignum.com/screener/52weeklow


Just got this book from library ... and would be part of my preparing for the crash. During crash, most of stocks would be seeing 52-week low. Which one to pick as low could go lower ... or even being de-listed? Perisai would be a good example at the moment.


Armada : Break support 65 cents ... going into new low. AVOID.


AMBank : Breaking support RM4 now, closed at RM3.95. ANZ selling their stakes ... their cost was around RM3.63 (or lower?). Who would be the potential buyers? Interesting to follow ...


Malakoff : Still diving ... 52-week low but not historical low. Watch RM1.20, buy around RM1?



Scomi : Long time no see her ... really long time. For years, i think. Didnt follow their MRT projects in India etc etc ... oil prices slumped .... so the stock price reaching new low.

Will you buy into stocks which are at 52-week low? I will ...

TEH
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Discussions
Be the first to like this. Showing 7 of 7 comments

LA777

Mr Teh, if you buy these 52 weeks low shares, you will feel sad everytime.

2016-11-13 19:02

PlsGiveBonus

52 weeks for dummy who have no idea how market work
Do you think the seller want to sell it at loss?
Instead they are selling it to cut loss,
Instead of lossing 50% in future, they cut loss at 30%, they minimize their loss and dump all to you who catch it

2016-11-13 20:22

PlsGiveBonus

One example is TS
It drop from 1.3 to 1.1
And many dare devil go and catch the knife in the hope of making money
Today it close at 89c, I did expect the price will go down further.

2016-11-13 20:25

PlsGiveBonus

1.3 to 89c it is 50% paper loss
1.3 to 1.1 it is 20% paper loss
Many had cut loss at 1.1 and they are not selling at loss
:)

2016-11-13 20:27

meathere

To be fair, Teh did not say exactly to buy ALL the stocks he mentioned in the article NOW or from the 52 weeks low screener list. In fact for example Armada he mentioned in his opinion is going new low & to avoid. (I am arguing his opinion on this will be correct or not).

When we read something we tend to jump to conclusion without taking the details or actually what the writer wants to convey or share. For example this article I would say the key word and sentence are 'NOW' and 'ALL stock the stock......'Sometimes I also tend to have this tendency.

Anyway, without putting words or assume what Teh intention or what he really wants to achieve in this sharing I just like to share the below of my opinions and suggestions in general on this matter (recently i3 posting in other articles and blog discussion made me realized that the objective for i3 sharing should be about sharing info, trigger open discussion, and BRAINSTORMING type of posts to share and open discussion about finance matters, good investing METHODOLOGY or new methods, tools, new opportunity, new services available out in the market, etc and NOT and I repeat NOT about what counters one is holding, plan to buy/promoting the counters.


For blog/writer to:

1) Try to be more specific or clearly state their intention/objective of the article whether to share an investing/financial methodology, service, tools, etc.

2) What other think about this methodology, service, tools - in term of feasibility, how and when best to apply it, other better choices available, cost, effectiveness, how to be benefit the most from it, etc.

3) Leave out the ' I will buy/sell/promote of counter names - the readers can evaluate or try themselves from the methodology, tools, services.

4) Provide feedback on readers' suggestions, opinions, questions, etc.


For reader to:

1) Be open minded and be objective on the discussion/article.

2) Don't be too judgemental or jump to conclusion too fast. Look at the bigger picture.

3) Give constructive, useful feedback, share your own experience or opinions/suggestions with the methodology, tools, or services if you have.

I understand not all of us are good to articulate or put into writing, and or able to spend too much time but we all can try to start with whatever we can to improve further.

Cheers.

2016-11-14 11:19

meathere

I will share this in my blog so that more ppl can input their suggestions/feedback

2016-11-14 11:23

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