My Trading Adventure
Bottom fishing
CP TEH
Publish date: Fri, 09 Mar 2018, 08:40 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.
CMMT : formed a thumb-tack ... time to rebound?
Geshen : Still didn't see the bottom. Support at 80cents now and it closed 85.5 cents today.
YTLPower : Next week will bottom fish her.
There are many more in my head ... as in cash-position, see if could buy few during current SELLDOWN.
SELLDOWN is not cheaper to buy meh?
Have a nice weekend. Coffee-date now
TEH
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Discussions
Be the first to like this. Showing 29 of 29 comments
This time i wont scratch his backside because our beloved teh chong peng is finally posting something useful
2018-03-09 21:54
What to do? Everything I post the psycho mom will come out and quote me. I have a reputation
2018-03-09 21:59
We are fair people..chong peng talks sense we support..when he talk rubbish we also support..in a different way only..hoping to see him wake up...
2018-03-09 22:03
i must thank to whom it may concern, now got personal sampah collector, to clean up my litter after me, so i not worry leave sampah in cyber space, earn merit points..hahaha
2018-03-09 22:03
U can call her mom or more2lt or noplayball or chong peng etc...no worries...she understands
2018-03-09 22:05
pls dont confused. i not that retired guy.. i work regional, now on leave one mth, but got read I3 one...
2018-03-09 22:05
cpteh, please reply with some good recommendation to bottom fish? i am helping you...if good, people can see it...good for your business...
2018-03-09 22:06
Traderman, this is your comment in early 2016 when I ask you to buy Pmetal:
Stock: [PMETAL]: PRESS METAL BHD
Mar 7, 2016 04:42 PM | Report Abuse
moniekj, pmetal no longer a exciting company compare last time. nothing is impress ... sell now before too late
You refused to buy at 0.80 then but want to buy now at 4.97? Ada betul ka kawan?
I give you second chance to earn big in Iris now. Hehe..
2018-03-10 15:52
Many in my watchlist....wait for q1 results in may...hope can hv more discounts then
2018-03-11 09:08
Gd mrg. Ivk204,
There are a lot of undervalued stocks now. If u have followed the i3 forum everyday ppl are recommending this stocks here and that stocks there. Out of so many stocks, it is best you pick your own based on your risk appetite and criteria.
Class 1. The higher the risk = the higher the return or loss
" 2. The lower the risk = the lower the return or loss
" 3. No risk = no return or no loss
Out of the 3 above the worst are the ppl who are in class 3 (these are the ppl who usually put their money in fixed deposit). But fixed deposit interest is less then the inflation rate so their return is infact "0" if not losing. Even fixed deposit also carry some risks. There is a saying dead ppl do take any risk! Everyday we are facing risks. The only difference is how we manage risks!! To manage them we must first learn how much is our risk appetite or tolerance. Say from 1 to 100 which class do you belong? Every stock picks you will have risks. You must quantify the risks and manage them accordingly to your risk tolerance.
In the recent sell down most stocks are already at the bottom or oversold. Investors are spoilt for choices. There is always a need to correctly time your entry for e.g. LCTITAN is undervalued stock but the price had gone up a bit so it may not a good entry level at this price cf to MULPHA or LIHEN. Learn also when to take profit for every investment decision you take. Just as a suggestion, not a recommendation for you to follow what I liked. I like HY and PETRONM. They have just broken out from their support levels and are going to move upwards.
They will move up due to following reasons.
Good fundaments. Oversold mostly due to fear and poor macroeconomic performance. Following big market corrections is always a good opportunity to enter. Markets will always move up after big corrections, esp O&G counters where oil price is relatively stable or moving upwards. Lastly, there is an impending election.
Of course, there are always ppl who will disagree with me but it normal to have a different opinion. Whatever opinions ppl give also choose the one you like most. Good luck and good fortune!!!
2018-03-11 09:45
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CharlesT
Should be happy lah (maybe diam diam happy) when there is selldown...
I admit i enjoy seeing so many counters hitting new low everyday..Chong Peng u r not alone
2018-03-09 21:07