My Trading Adventure
Sector crashing : Alum and Steel
CP TEH
Publish date: Sun, 16 Dec 2018, 09:26 AM
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.
morning ... I have been warning and talking about market-crashing for past 2-3 years and many telling us (MEDIA, of coz) that market (which they are using KLCI ... misleading leh) not crash and wont be crashing YET.
Let me expose further this 'lie'. Most ignorant wont understand that KLSE is crashing and many sectors crashed (compiled about 15 sectors).
Let me discuss about STEEL ... which many retailers been STUCK up there.
Alcom : at crash-low ... closed at 49cents now. Cheap? Yes ... at 2008-crisis low now.
LBAlum : closed at 47 cents ... still dropping and shall wait to see it around 38cents.
AnnJoo : at 1.20 ... awaiting another discount 50% to 60cents. Peaked RM3.60 divide 4 = 90cents.
CSCSteel : From Rm2 to RM1 now, wait 50cents.
LionInd : At 50cents now ... awaiting 40cents.
Masteel : reaching minus 75% from peak ... buy at 18cents?
SSteel : back to 66cents base soon ... closed at 77cents, cheap?
Today, no one wants to talk about the 'under-valued' steel-counters? No more highlighting PER single digit? Why? That is how stocks prices being pushed up and now ... crashing time, NO ONE will tell you they are stupid and stuck up there, right?
There are many more in this sector which one could easily check and click on the charts? Help yourself ... and tell me, market is not crashing yet.
If you are stuck UP there, that is because you have not been listening to what is actually going-on or you are newbies ... knew nothing much on how markets and noises working.
THINK again ... how are noises in forums(i3 and such) helped you to make decisions in your investing or trading ... especially if you are newbies? You cant escape the HERD mentality with tin-kosong banging loudly.
Note : nothing is cheap there, talking about that since 2-3 years ago.
The steel sector rallied due to THEME play and NOTHING to do with long-flat steel etc etc ... those are noises to TRAP retailers to move up the stocks to SELL to you. If you are caught UP THERE stuck ... who to blame? I heard got one sifu telling steel-companies are cheap due to single-PER ... and since WHEN we value steel-companies using PER? I had that 2 years ago ... in my e-meeting, slapped myself that how naïve retailers believing in guru-sifu kinda sure-win words.
Believe YOURSELF. Learn about sectoral's cycles ... and THEME play. Once it is over, LEARN to exit.
The most difficult part in learning is NOT to believe anyone but YOURSELF.
Have a nice weekend ... don't worry about STUCK up there. 80% in those forums already stuck. You are not the only one. FEEL the herd mentality.
STUCK with them up there. Get stuck for YEARS to come. good luck getting STUCK.
TEH
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Discussions
Be the first to like this. Showing 29 of 29 comments
some people shout crash for 30 years and will be correct some of the time.
some people shout boom for 30 years and will be correct some of the time.
2018-12-16 10:04
Annjoo is my worst pick this year...sad...curi ayam but now becomes long term investor
2018-12-16 10:20
I thought you said you will never come back to I3 again....where is your promise? Someone link your blog again? lol
So you have been warning and talking about market-crashing for past 4 years....is that means every year is also bear market to you? Every year also market crash? You know what? You are truely classic stupid....what a joke, wakaka
2018-12-16 11:18
CpTeh, since u oredi shouted market crash 4 years ago...
One question for u,,,, do u make money shorting all your above stocks...
If u are clever, U will be millionaire now... And u don't hv to open your turtle classes anymore lah.
2018-12-16 12:58
give cp teh a break.
he is just sharing the trend. He do nothing wrong.
CP teh... pls continue to share . Appreciate it.
2018-12-16 14:49
He is just horse behind cannon and full of shit, not someone so called "sharing the trend", period.....
He should just get lost from i3
2018-12-16 14:58
Charles, didn't know you also have money losing one like Ann Joo... don't worry this one I'm in the same boat.. now become long term, but small portfolio... haha
2018-12-16 15:08
Did he say he has been shouting crash for 2 or 3 years, now he got it right? How arrogant can one get? He could have been lucky. Now it's historical, can he tell forecast the immediate future, that would require some skills
2018-12-16 15:41
SuperBest = CP Teh. Always come to the rescue when his posts are ignored or things heat up.
2018-12-16 16:16
CP Teh: I love love love your postings very very very much. Please give more frequent target lowest price.
2018-12-16 17:35
mr.teh is right...if u are stuck somewhere, pls do yourself a favor by cutting loss, save whats left of your capital and gain back another day will come, be patient and u will survive this game of stock
2018-12-16 21:59
CPTeh is wrong.. The fall already happened... Now he is just story telling... The facts are not true also... O&G, Alum... crashing? what happen to Petronas, Pmetal? LOL..
The Bursa market is already bad for a few months... Now only realize is a bit too late... if cut loss now.. I think it is too late... If get stuck, might as well wait patiently for a few months... FED is going to stop rate cut.. China-US trade war is stopping soon... Oil price is going to rebound... It is bad... but not that bad.. Market is not going to crash...
Emerging market is very cheap now... much cheaper than US equity now.....
2018-12-16 22:28
beware of market makers...if u follow mainstream media u get eaten alive, better listen to mr.teh and be safe
2018-12-16 22:32
what are you taking about? LOL
Cpteh is just a horse behind cannon, he never warned retailers about price peak for certain stocks.....
2018-12-16 22:45
Correction.. should be "FED is going to stop rate rise"..
Posted by mneo > Dec 16, 2018 10:28 PM | Report Abuse X
CPTeh is wrong.. The fall already happened... Now he is just story telling... The facts are not true also... O&G, Alum... crashing? what happen to Petronas, Pmetal? LOL..
The Bursa market is already bad for a few months... Now only realize is a bit too late... if cut loss now.. I think it is too late... If get stuck, might as well wait patiently for a few months... FED is going to stop rate cut.. China-US trade war is stopping soon... Oil price is going to rebound... It is bad... but not that bad.. Market is not going to crash...
Emerging market is very cheap now... much cheaper than US equity now.....
2018-12-16 22:50
CPTeh is rendering us free service for which we should be happy. Take it or leave it. Why have to be so nasty. Lol.
2018-12-17 02:11
Horse behind cannon is horse behind cannon.....who cares whether it is free service.....if someone don't like see comments, please learn from kyy how to disable comments, lol
2018-12-17 10:05
Believe YOURSELF. Learn about sectoral's cycles ... and THEME play. Once it is over, LEARN to exit.
Thank you Mr.Teh. This will be one of my commandments in trading. God bless!
2018-12-17 17:06
a song dedicated to Mr.Teh...
https://www.youtube.com/watch?v=f5ShDNOqq1E
your advice will save alot of ppl, while sacrificing yourself to endless insults...
2018-12-17 17:09
how can horse back cannon story teller save a lot of ppl when the incident already happened.... funny lo....it is not sacrifice, it is wasting his time for nothing, lol
2018-12-17 19:58
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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....
Flintstones
The only person who is ignorant is you. A good trader makes money from good or bad market. A deluded gambler like you only know how to shout crash to mislead newbies
2018-12-16 10:02