The most important strategy is to be safe during the pandemic. You must always remember that health is more important than wealth. Remember when you die you cannot take your money along with you. You must follow all the well proven safety rules.
Safety Rules for health:
1 Get vaccinated as soon as possible. This is the best defence. My wife and I have our 2 doses of vaccines.
2 Must wear face mask when you are out of your house.
3 Practice social distancing. Must try not to stand nearer than 2 meters from another person. Try not to be a crowded place.
4 Wash your hands frequently with soap and water.
Safety Rules for investors:
1 KLCI chart above shows that the stock market has been dropping in the last 6 months due the Covid 19 pandemic.
2 Among all the stock selection criteria such as account balance sheet, cash flow, NTA, no debt or cash rich etc, profit growth prospect is the most powerful catalyst to move share price. Never buy any stock that has no profit growth prospect.
3 All investors must not buy any stocks during the current pandemic because the Covid 19 lockdown is affecting the movement of everybody and all business operation. Worker cannot go to work and all listed companies are affected.
4 Never buy a down trending stock. Price chart cannot lie because it is a record of the daily trading. Down trend means there are more sellers than buyers in most days as shown on Leon Fuat price chart below.
To cut the story short, let me show you a good example.
Steel stock is a very good example.
All the steel stocks have reported increased profit in their latest quarter ending March or April due to the increased steel price. That is why all the steel companies have reported increased profit in their latest quarter. Leon Fuat’s last traded price was 99.5 sen and its latest quarter EPS was 11.65 sen. Assuming EPS for the next 3 quarters remain unchanged, its annual EPS will be 4 X 11.65 sen = 46.6 sen. Leon Fuat is selling at PE 2.
That was why I have been buying so much of Leon Fuat and I have also posted a few buy recommendations.
I must admit I was wrong.
Now I realise I was wrong in buying so much of Leon Faut even though it is selling at PE 2 because due to the Covid 19 lockdown, Leon Fuat’s workers cannot go to work to produce steel products. Moreover, all the construction workers also cannot go to works. As a result, construction contractors will not buy steel from Leon Fuat or from any other steel company.
Based on the same logic as for Leon Fuat, all steel companies will also not be able to report increased profit in the next quarter.
In fact, Covid 19 is also affecting all listed companies and all of them will not be able to report increased profit in the next quarter. As I said earlier, never buy any stock without profit growth prospect.
A safe strategy during the pandemic for all investors is to cash out because all listed companies will not be able to report increased profit in the next quarter. I will start to buy back Leon Fuat when it reports increased profit.
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
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Latest poll on 30th Oct 2024
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The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
hahaha
at least uncle is honest
Now only one class of Stocks still in operation
Palm oil can operate but with 60% capacity
Since most have upgraded to use modern machinery for harvesting they will be very ok
So just go buy a basket of palm oil shares now as bull run is coming soon
2021-07-10 13:15
In Indonesia palm oil companies can operate 100%
These Malaysia Companies got palm oil estates in Indonesia should do very well
1. TSH RESOURCES
2. SIME DARBY PLANT
3. THPLANT
4. AZRB
2021-07-10 13:17
Mean KYY already sell all his steel stocks and underrated stock.
A safe strategy during the pandemic for all investors is to cash out because all listed companies will not be able to report increased profit in the next quarter
2021-07-10 14:10
I would advise uncle not to issue any buy or sell calls. It's great to write articles but when you issue buy calls and the stock turned, your fans will turn into foes. Uncle should write more interesting articles like 'What do women really want? '
2021-07-10 19:02
Malaysia is a failed state or heading towards being a failed state. To change the direction needs energy. Lots of energy. Nothing ever change direction without lots of energy.
https://klse.i3investor.com/blogs/Desaperspective/2021-07-09-story-h1567895300-Malaysia_a_failed_state.jsp
2021-07-10 19:19
"A safe strategy during the pandemic for all investors is to cash out".....last year MCO, a lot of people made a lot of money last year. So even this very innocent statement also depends.........
2021-07-10 19:30
you can write and write about these stocks, but no one cares buddy.
palm oil just ain't sexy.
they will langiush, downtrending.
___________________________
Posted by calvintaneng > Jul 10, 2021 1:17 PM | Report Abuse
In Indonesia palm oil companies can operate 100%
These Malaysia Companies got palm oil estates in Indonesia should do very well
1. TSH RESOURCES
2. SIME DARBY PLANT
3. THPLANT
4. AZRB
2021-07-10 19:30
energy for national recovery.....where does energy for national recovery comes from ..... when, and how? and what form it takes?
2021-07-10 19:32
And commodity prices are dropping too. He missed out this important point.
2021-07-10 20:36
There are so many good companies to buy now. Be greedy when everyone is fearful. I will only buy good cash rich fundamental stock that bash down a lot recently.
2021-07-10 20:42
This con you win was never sincere since day 1. on gloves. on everything
2021-07-10 23:16
He is not helping you to make money. He is only ask you to follow his prediction to buy stocks... then he will sell to you.
He is only ask you to follow his prediction to sell stocks... then he will buy from you.
This is what i learn throughout all these years following his articles.
If you don’t believe me... you just follow this Uncle, by all means lah.
2021-07-11 06:16
He is not helping you to make money. He is only asking you to follow his prediction to buy stocks... then he will sell to you.
He is only asking you to follow his prediction to sell stocks... then he will buy from you.
This is what i learn throughout all these years, following his articles.
If you don’t believe me... you just follow this Uncle, by all means lah.
2021-07-11 06:17
Of course blame the Federal Govt mah!
They are in charge of ;
1. Ministry of Health
2. The Police
3. The Vaccine Procurement & allocations loh!
4. The Policy to combat covid
What can selangor in charge leh ?
Very minor city council or majlis mah!
Lu pakai otak & think lah!
U tell me which other state in Msia try to procure their own vaccines using its own monies & give free covid19 test to their people leh ?
Ans ; It is Selangor & Penang only mah!
The rest of msian states take no initiatives just hitch on a free ride on the federal govt even their response are slow loh..!!
Sarawak even worse arm twist the federal govt to get biggest allocations at the expense of other states getting less loh!
Thus Selangor initiative cannot be faulted...but initially selangor procurement of vaccine was even hindered by Federal Govt....but with determination Selangor pursue further to protect their people lives...finally the Useless Govt relented....bcos the federal govt cannot continue to argue when the objective is to protect human lives mah!
Stop listening to fake bad mouthing of selangor done by political lackey like tobby mah, the high cases of selangor are actually due to poor covid mismanagement of the federal govt loh
This all bcos of PN Federal Govt mismanagement delaying the vaccine procurement & also allocating less vaccine to the most populous and the most successful of msia the state selangor in order to play politics mah!
Thumbs up for selangor & Penang determinations for taking the initiatives loh!
Thus must blame Federal Govt loh!
Posted by trum > Jul 11, 2021 11:17 AM | Report Abuse
Who is at fault of this Covid... Federal or State?
We always blame Covid high cases on the biggest responsibility guy. Haha
Posted by trum > Jul 11, 2021 11:17 AM | Report Abuse
Who is at fault of this Covid... Federal or State?
We always blame Covid high cases on the biggest responsibility guy. Haha
2021-07-11 11:26
EMERGING THEME: ONE CHART TO RULE THEM ALL (SUPERBULL RUN)
https://klse.i3investor.com/blogs/emsvsi/2021-07-11-story-h1567924930-EMERGING_THEME_ONE_CHART_TO_RULE_THEM_ALL_SUPERBULL_RUN.jsp
2021-07-11 12:13
If you are smart, you will never ever follow these big sharks. They trap you to buy for them to sell. See the history, it will speak for itself. If you are a trader cum investor or investor cum trader for donkey years, don't tell me you did not see this coming even last month. This is a joke to me. Sorry! is the most unforgiven word for those leeches living by sucking the blood of the innocent punters in KLSE. There are no "Saints" in KLSE, all those pretending to be one, only living at the expense of the other. So, wake up, and take responsibility for your own action. Do your own research and don't blindly follow these sharks.
2021-07-11 17:47
KYY, you will be too late when you want to buy back LEONFB after you sold all. The LEONFB stock price will skyrocket up soon.
2021-07-11 22:08
Stock price reflect 6 months ahead of economy, the share prices of steel stocks will rebound very soon.
2021-07-11 22:15
yeah you are right. dont buy downtrend stock. first thought to average down. but at last sold at loss. top glove won.
2021-07-11 22:20
you want safe, put money under pillow enough, dont even put inside FD, BANKS ALSO MIGHT COLLAPSE IN WAR TIME YA
2021-07-12 09:00
SureWin1Woh
Lol....master of u-turn
2021-07-10 11:22