Stockman blogs
Investors' Common Mistake - Koon Yew Yin ......comment here
stockmanmy
Publish date: Sun, 01 Jan 2017, 12:43 PM
stockmanmy
0 76
Trade at your own risk. I am here only to vomit out my feelings
Investors' Common Mistake - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sun, 1 Jan 2017, 09:55 AM
I wish to take this opportunity to wish you a more profitable new year. I strongly believe this investment lesson will help you make more money.
As I said before no share can go up or come down indefinitely for whatever reason. If you look at the chart of any good growth stock, you will notice that it will go up for a few months and it will trade within a narrow price range for a short period which is called the consolation period. As soon as the company announces an increased profit for the next quarter, its share price will continue to climb.
The price movement is like any house stairs. It rises half way, it has a level landing for you to rest before you proceed to climb again.
Most chartists and ordinary investors would sell during the consolation period. Most chartists will only buy back when the price goes higher to pass its 200 day moving average. They will not buy at the pivoting or turning point of its trend because they consider it is not so safe. Supper investors will take the risk to buy at the turning point of trend reversal.
Most ordinary investors will not buy it back at a price higher than their selling price and miss the chance of making more profit.
Someone told me that he sold all his CSC Steel shares at Rm 2.14 on the last trading day of the year, 27th Dec. 2016. Basing on fundamental analysis its price should go higher when it announces its increased profit. If he is like any ordinary investor, he will not buy back when its price goes higher than his selling price.
This reminds me of VS Industry when its price was consolidating, a Canadian Chartist advised me to sell because he sold. When VS reported increased profit, its price continued to climb again, the chartist and a few ordinary investors I know did not buy back at a higher price than their selling price because they did not want to admit their mistake.
But I continue to buy until I became the 2nd largest shareholder, owning 102 million shares as shown in its 2015 annual report. I sold all my VS shares and I do not have any more VS shares.
A professional chartist told me that he cannot recommend buy on Lii Hen and CSC Steel because they are in the consolidating period. My advice is that all chartists and investors must check their track record to examine their performance. If they have not been performing as well as they like people to think, they must change their method of buying and selling.
Please note that the performances of all professional fund managers in town are not doing well in 2016. Please read the below link :-
http://klse.i3investor.com/blogs/JTYeo/112828.jsp
More articles on Stockman blogs
Discussions
2 people like this. Showing 50 of 111 comments
Are u sure KYY's swearing is believable ? He also kind of sworn to KC Chong that he would not let anyone knows he "sacked" KC, but you know what happened next.
I hope he will not post his investment article again because the contents and his "intention" really irked me.
Besides, I hope he will not tell us again about his donation, I already knew.
----------------------------------------------------------------
Posted by Ooi Teik Bee > Jan 1, 2017 04:49 PM | Report Abuse
Dear readers,
According to Mr Koon's reply to me, he did not post this article in I3.
Someone posted this article on his behalf.
He sworn to me that he kept his promise not to post any investment article in I3.
Please be informed.
Thank you.
Ooi
2017-01-01 17:14
so rumors become facts after filtering by raiders?
=============
RAIDER COMMENT;
MY FRIEND TOLD ME LOH...!!
IF NOT HOW MUCH ? U TELL ME LAH...!!
ANYHOW...HE BROKE THE LAW MAH...!!
2017-01-01 17:19
Posted by stockmanmy > Jan 1, 2017 05:19 PM | Report Abuse
so rumors become facts after filtering by raiders?
=============
RAIDER COMMENT;
MY FRIEND TOLD ME LOH...!!
IF NOT HOW MUCH ? U TELL ME LAH...!!
ANYHOW...HE BROKE THE LAW MAH...!!
Raider says;
How u know my friend info is wrong leh ??
2017-01-01 17:26
raider
its called prudence. ...especially on third hand information.
anyway...your original sentence was unconditional.
2017-01-01 17:34
What's wrong with Mr. Koon writes and posts his articles? Everyone has the right to do what they want. He was forced to say stop writing articles and later on have to keep promise on this which is not a blogger expects. Why not leave a peace for him? He enjoys writing and his readers enjoy reading. He doesn't wrong at writing and posting it.
2017-01-01 17:43
If KYY were to donate RM one million to his detractors, will they honorably refuse and say it is against their principles? I just wonder.
2017-01-01 18:12
Honour his words of 200% rewards to those he challenged to show trading gain in 2016..talk so much for what...
2017-01-01 18:26
Ah Koon only want to get copy of your IC...you can wait until your next life to get the 200% reward
Posted by CharlesT > Jan 1, 2017 06:26 PM | Report Abuse
Honour his words of 200% rewards to those he challenged to show trading gain in 2016..talk so much for what...
2017-01-01 18:33
He has promised for paying 200% reward but his wording is tricky since he did not announce the ex payment date. He was trying to honour his promise by giving a very long post dated cheque. It's rather remote to claim this IOU in this life but .....at least he owns you in your next life. Not too bad.
Posted by timetokoon2 > Jan 1, 2017 06:33 PM | Report Abuse
Ah Koon only want to get copy of your IC...you can wait until your next life to get the 200% reward
Posted by CharlesT > Jan 1, 2017 06:26 PM | Report Abuse
Honour his words of 200% rewards to those he challenged to show trading gain in 2016..talk so much for what...
2017-01-01 18:45
Lii Hen and CSC Steel...next 6 mths both stocks will drop like no 2molo...don ask me why...Just monitor closely.
2017-01-01 21:31
2017 klci expects to drop like no 2molo esp 1st half...if u very confident then sailang
2017-01-01 21:33
it is simple if you want CSC steel or Liihen prices to go down, u simply go buy 100,000 shares in both the companies and let KYY or his gang dump for you
2017-01-01 21:57
from all the writings and views stockraider give, he is very good in investing and this guy have integrity, stockmoanmy is the opposite side. However, its only my opinion.
2017-01-01 23:50
RAIDER COMMENT;
MY FRIEND TOLD ME LOH...!!
IF NOT HOW MUCH ? U TELL ME LAH...!!
ANYHOW...HE BROKE THE LAW MAH...!!
Raider says;
How u know my friend info is wrong leh ??
Raider checkout with friend...the fine is quite true loh...!!
In the sense Uncle got fine so much...but as usual...he is kicking & trying to appeal loh...!!
Raider hope...Uncle Koon should accept the fine & do not drag too long loh...!!
According to my friend..no doubt...the law breaking by kyy ...can be a lower fine..But this type of case they can be element of criminal..what happen if uncle is given token a token fine of Rm 10 but with 3 months jail sentence leh ?
2017-01-02 00:13
raid
It was not reported and I not aware......I still think it is not true.
2017-01-02 00:15
raid
you can have opinions ( about people) but you also have to be prudent with facts ( very unfair if you spread damaging untruths).
2017-01-02 00:23
Raid / popo
and than, there is this thing called margin of safety so ingrained into people brain....pointless to debate.
But , you know where I stand.
2017-01-02 00:26
Further to that my friend mention...SC may also consider...insider trading & manipulation and giving illegal advice by KYY without license loh....!!
This Offense is even more serious loh...!!
U see lah...nowadays govt ....have no monies...thus if govt propose a hefty fine & u can easily effort it...u better pay out quickly so that can quickly close the file loh....!!
If drag on and investigation starts...new thing & new evidence may arise loh....!!
Thus, although Rm 1 million is high fees for KYY offense, better take it loh...to avoid big trouble loh...!! SC is aware they are in the upper hand mah...!!
My friend work with a reputable financial Co, working closely with authorities loh....!!
RAIDER BELIEVE WHAT HE SAYS LOH...!!
2017-01-02 00:26
a lot of beginners got to wake up to fact
FA like rice.
You need it so survive
But, too much can make one fat and lazy
TA like vitamin
You need some to perform at optimum level
But, too much is poison to the body.
People don't realise that.
It best to approach this thing from business sense and common sense after gathering all the relevant information.
2017-01-02 00:32
raid
How come only you and your friend have such privilege information no one else is aware?
I am naturally skeptical of such stuffs.
anyway, lets close this stupid topic.
but you do seem more cruel, more inhumane , more stupid than before this conversation.
2017-01-02 00:37
For raider, just heard from friend...why raider dare to post like is it is already confirm leh ?
It is very simple....raider just use the businessman reasoning loh..!!
It is a fact that KYY did break the law in terms of disclosure, it is already a fact and it is confirmed loh...!!
Now...if there is a confirm offense...the next thing is punishment loh...!!
Whether the fine is Rm 1 million or Rm 20k or Rm 10 with 3 months jail it is a matter how the authority want to punish him mah...!!
Furthermore, raider trust friend ...info correct mah...!!
Thats why raider go ahead....to highlight my friend info of fine Rm 1 million, without any fear loh....!!
Raider did not simply slander kyy loh...!!
The main thing is the offense loh..!! The fine or punishment is secondary mah...!!
2017-01-02 00:38
raid
don't talk nonsense
No one else is aware of any investigation going on.
2017-01-02 00:40
Mammy,
nonsense or no nonsense....Ur Boss will know loh...!!
Anyhow...u want to change topic...ok mah....!!
Public do not have so much info....bcos the authority still considering the degree of offense and appeal by uncle loh...!!
2017-01-02 00:47
a lot of beginners got to wake up to fact
FA like rice.
You need it so survive
But, too much can make one fat and lazy
TA like vitamin
You need some to perform at optimum level
But, too much is poison to the body.
Beginners gt to understand
Rudimentary knowledge of FA and TA can survive very well in KLSE...
provided one has business sense and common sense...and experience....nothing to replace experience and history lessons.
2017-01-02 00:48
But considering Uncle already 84 and 1st time committed...likely the jail sentence will not be imposed loh....!!
The hefty fine is likely be imposed...looking at KYY affordability and govt in need of monies loh...!!
2017-01-02 00:51
raid
my only boss is my wife.
Have not worked for anybody for more than 20 years.
and most certainly KYY is not my boss....
2017-01-02 00:52
raid
still biting like a bull dog based on some rumors?
if you have any decency left in your bones, you give it up.
2017-01-02 00:54
It is very simple....raider just use the businessman reasoning loh..!!
It is a fact that KYY did break the law in terms of disclosure, it is already a fact and it is confirmed loh...!!
Now...if there is a confirm offense...the next thing is punishment loh...!!
Whether the fine is Rm 1 million or Rm 20k or Rm 10 with 3 months jail it is a matter how the authority want to punish him mah...!!
Furthermore, raider trust friend ...info correct mah...!!
Thats why raider go ahead....to highlight my friend info of fine Rm 1 million, without any fear loh....!!
Raider did not simply slander kyy loh...!!
The main thing is the offense loh..!! The fine or punishment is secondary mah...!!
2017-01-02 00:55
It is not rumors...it is already confirm kyy break the disclosure security laws mah....!!
I think everyone here, knows about it.
In fact KYY also officially admitted thru the press release few months back mah....!!
2017-01-02 01:04
raid
still at it?
like a sick bull dog
no decency left in your bones?
all you want is to win a popularity contest in i3?
why you so hateful person one?
so full of hatred, so desirous of spreading rumors.
let go...and let the authorities handle it if KYY broke the laws........
don't hurt people's reputation just like that.
2017-01-02 01:15
Mammy,
Since u r hurt so much...raider will not elaborate so much loh...!!
Btw...raider give this detail info...bcos u r the one who press on mah......!!
Raider highlight...to emphasis his past dealing....n authority going to fine him & u ask how for more detail...so raider just give more & more info and so go on & on loh....!!
If u don want to hear...it is fine with me loh...after all...whether uncle get fine Rm 1 million or Rm 20k....it is up to authorities loh..!!
But please don come & accuse raider & don ask for more info ..loh on this case...so that raider don elaborate mah...!
2017-01-02 01:27
I just thought you need to be a more decent person.
In this post truth, post factual and rumor filled world, Trump just won the election over a perfectly decent Hillary.
2017-01-02 01:31
Dear timetokoon, murali and stockraider,
I do understand your humiliation of been challenge to show proof of profit for year 2016.
I do also understand why KYY issue such a challenge after been constantly bombard by all of you with silly and senseless comments.
It is just second day of year 2017 why not we find peace and live a happy, healthy and forgiving life at peace and at ease with own self and others.
If you really want the 200% reward from KYY for the amount of profit you make from the stock market for year 2016. Why not being gentlemen enough to show documental proof to him.
Why keep harping KYY would not honor his 200% reward challenge, when it is you who have not make any afford at all to take the first move to compile all yours document proof and show it to him.
And why keep saying so afraid KYY will public your IC in i3investor, after-all if you have done nothing wrong then be very proud that your name was public and you have earn 200% extra from KYY.
And why keep saying KYY did not honor his word of RM30 million donation to UTAR when the fact are so clear to all that it is special interest group in MCA that rejected his offer.
Now he had donated ever a bigger sum of Rm50 million to build student hostel in Penang which will be complete in 3 year. Please if you are so free to continue typing and posting your silly comments in I3investor why not leave your keyboard and take a visit to Penang and see it for yourself.
Dear OTB,
Thank for your clarification. I had also WhatsApp KYY the same thing; so far he had not reply my whatsApp most likely he is busy with his other commitment.
Dear All,
Can we move on now from here and let all the i3 SiFU do their jobs and let everyone make more profit in year 2017.
Happy trading comes 3-1-2017.
Thank you
2017-01-02 01:35
Some info are grey...u cannot have black & white only in real life loh...!!
Thats why Trump won loh....!! Bcos he is a realist mah...!!
2017-01-02 01:36
SSlee,
Don talk nonsense below ..U know KYY is not a decent person...don ask people to simply to run around...with your silly suggestion loh...!!
ASK KYY to put Rm 3 million deposit in the escrow 1st loh..!!
"Dear timetokoon, murali and stockraider,
I do understand your humiliation of been challenge to show proof of profit for year 2016.
I do also understand why KYY issue such a challenge after been constantly bombard by all of you with silly and senseless comments.
It is just second day of year 2017 why not we find peace and live a happy, healthy and forgiving life at peace and at ease with own self and others.
If you really want the 200% reward from KYY for the amount of profit you make from the stock market for year 2016. Why not being gentlemen enough to show documental proof to him.?? "
2017-01-02 01:39
EPF wanna make money from bursa, mutual funds wanna make also and so is KYY and what left for the retails investors is losses. because all of them manipulate and control the market,so anyone think can easily make money in bursa? without foreign participation or investment retails investors better stay out of the market.so the common mistake is actually invest in bursa. no invest no losses.
2017-01-02 11:43
KYY is not a humble person, nor is he one who keeps to his promises (all that so-called donations and the number of times he said that he will leave i3). Just dismiss him as he is an old man seeking attention.
2017-01-02 12:22
sslee
I need some financial assistance to mr. koon.
since you can whatsapp him, can you tell him that I need some donation from him.
2017-01-02 12:35
icon
blackhole or no blackhole, this is the final goodbye from KYY.
wanna to bet?
2017-01-02 12:59
One common investing mistake is listening too much to BS from KYY ...
2017-01-02 13:08
Skip reading stockmany comment save my time. I sold cscsteel with 90℅ for uncle join to catch further. In a few yearly time frame, I make 300% in a stock I also loss 60% in another stock. But overtime, my wealth is increasing. So? Can I write an article to teach how to invest focus on the winning stock, say nothing about the losing stock? I think 99% of the investor or speculator can do such. In a marathon, now is only 5km out of 42km, I should give up value based investing and learn from author method?
2017-01-02 13:25
Dear steveooikp,
Sorry for the late reply, as I was working in the plant. Note: In Indonesia if Public holiday fall on Sunday, Monday is still a working day.
I am sorry, I cannot help you to ask donation from KYY because KYY only make donation to opposition parties in his desire to see that the current corrupted BN is voted out come GE14 and Malaysian deserve a better government.
KYY is very keen in education as he strongly believes through better and correct type of education, only then Malaysia can be save from this dark force that slowly eat into our society with racial and religion intolerance.
KYY give out scholarship to the deserving student through a properly screening process in-charge by his wife.
Any qualified student can email to: kitphang@gmail.com
My advice is for students with many A’s who intended to apply, please mindful of your grammar, language and your reasoning why you deserved the scholarship. I had seen him public those badly written letters and un-reasonable request (Of cause with application name black out) in his blog to stress his points how badly is our education system had failed us in English standard and ability to think critically when put forward the reasons. Please be mindful that the scholarships are for those bright and with right attitudes students badly in need of financial assistance.
KYY do donate to school and help in building student hostel so that students can benefit from an affordable and comfortable stay while they are away from home. This will definitely help students to concentrate on their study and do much better on their study subjects.
My apology again as I cannot make your request to KYY as I know it will be rejected.
Thank you
2017-01-02 19:17
But you did not listen. You were only looking for tips.
================
DreamConqueror One common investing mistake is listening too much to BS from KYY ...
2017-01-03 16:11
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
南洋行家论股
2
BreakingOut
3
Koon Yew Yin's Blog
4
Bursa Stock Musings - Thoughts & Ideas
PGF Capital - insti shareholding up from 5% to 14%! (part 1)
5
The Alpha Trader
6
南洋行家论股
7
How to become a resilient trader
8
RHB Investment Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
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....
stockraider
Posted by stockmanmy > Jan 1, 2017 04:53 PM | Report Abuse
raider
"and got fine from SC to the tune of Rm 1 million loh...!! "
you go way over board when you make false statements....
God knows your true identity and IC.
RAIDER COMMENT;
MY FRIEND TOLD ME LOH...!!
IF NOT HOW MUCH ? U TELL ME LAH...!!
ANYHOW...HE BROKE THE LAW MAH...!!
2017-01-01 16:56