As a follow-up in a previous article, I went ahead and did the following analysis on my top 5 profit stocks:
1. Frontkn 53.9%
2. Denko 12.4%
3. PPHB 11.7%
4. Xinhwa 6.6 %
5. Krono 4.3%
1. Put in the stock code.
2. Write down where did I found the trade/stock.
3. Describe the profit.
4. What did I learn?
5. How can I improve?
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FRONTKN
1. Frontkn (0128)
2. Saw an article in i3investor by (Icon8888) Frontken Corp - Semiconductor Division Doing Well dated 17/2/2015.
3. Saw the stock in a Rounding Bottom chart pattern. USD beneficiary due to subsidiaries in Taiwan, China and other SEA countries. First bot on 18/2 average around 0.188 cent. In April it started the breakout from the bottom. Bot and sold couple times and last sold at 0.31 cents.
4. I learnt to look out for Icon8888 articles and to look for Rounding Bottom chart patterns.
5. Should not have bot and sold a couple of times as I had to re-enter again at higher prices and high risk getting trapped!
DENKO
1. Denko (8176)
2. Saw an article in i3investor by
(Icon8888) Denko - Smallish Plastic Parts Manufacturer Expects Better Year Aheadon 16/7/2015.
PPHB
1. PPHB (8273)
2. Lucky pick when looking through the trading platform for a packaging stock. This stock has not moved much yet, still below RM1.00
3. Saw the stock in a Ascending Channel chart pattern. The stock is profit making all the years and is a USD beneficiary. First bot at 0.982 on 13/11 and last sold at 1.15 on 23/11 (bot and sold a couple of times). Was pure luck as the stock reported lower quarter earnings the next day and the following day gap down. So far never recovered to this price.
4. I learnt to look for Ascending Channel chart patterns. I guess correctly the rally was due to the impending quarter results.
5. Took a big risk as the Ascending Channel has been going on since the August big drop! Next time must find something earlier.
XINHWA
1. Xinhwa (5267)
3. The stock is Main Board with a small share base (180mil). I like small share base as it can go far. It open strongly so I thought it will go far at least RM1.00. First bot at 0.87 on 1/7 (2nd day) and sold last at 0.99 on 13/7.(Later on the stock chart look like an Ascending Channel pattern ya.)
4. I learnt to look for new IPO listings. Some could go far like Xinhwa.
5. Bot early but sold too early too. Should have let it run until the stock say sell. It went up to a high of RM1.46
KRONO
1. Krono (0176)
2. I believe a friend told me to buy this stock. Later I check and saw an article in Sun that Public Bank is one of their customer.
3. The stock has a Rounding Bottom chart pattern after the market sharp drop in Dec 2014 & Jan 2015. It was rebounding so I felt quite confident to buy. Bot at 0.245 cents and sold at 0.27 cents on 6/2. Contra trade.
4. I was quite confident to buy as the stock had dropped sharply and rebounding (Rounding Bottom). Low at that point was around 0.19-0.20 cents.
5. Sold too early. Should have let it run until the stock say sell. It went up to a high of 0.415 cents.