Dear fellow traders,
Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. To join my telegram channel : https://telegram.me/tradeview101
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Over the weekend, I wrote this article on 2016 outlook. Simple, easy to understand but more importantly, my followers have been writing to me to ask me how do I derive such outlook.
http://klse.i3investor.com/blogs/tradeview/
I believe nobody can predict the market. Forecasters or Analyst no matter how experience, cannot tell you what will happen tomorrow. It is up to you to decide whether to trust their opinions or formulate your own. Similarly, when I post articles, It is never to brag or put down or praise or glorify anything or anyone. I only want to share what I know with my humble learnings so maybe one or two readers can benefit from it. Maybe because when I started trading, I too wanted guidance but could not. Below was the 2nd reminder I sent out to my readers following the bull run on Friday 29 January 2016. I am sharing with you all as below :
My fellow investors, following the long weekend, China data today shown further weakness in their economy. PMI number is below forecast hence resulted in some profit taking. Some people ask me whether I see CNY rally soon. Honestly, I dont think there will be any CNY rally this year. As my earlier article to you all, CNY rally means a rally in blue chips, second liners and third liners. This week is another shorten trading week with only 4 days. Most retailers would have cash out by now following the disappointing January month. Friday run up was at most a month end book dressing coupled with the sudden unexpected BOJ negative interests rate.
However, I honestly would appeal to all my followers to please be rational when buying shares. If your view of the fundamentals of Msia economy or the world is doubtful, whatever rally or run up is only temporary. Equities market is getting harder to earn the so called "quick bucks". Unless you have the funds to buy and hold, i advise to stay out.
Seeing that CNY is soon, I will reiterate the counters to monitor and look to accumulate on weakness. These are solid counters backed by good fundamentals, hence there is no need to worry about volatility.
1. CCB - Results out mid Feb
2. Magni - Olympic 2016
3. Tguan - double positive (low oil price and weak MYR)
4. Perstim - Superb dividend yield / monopolistic position / weak MYR /recent results good / steady
5. Apollo - Dividend Play / Consumer stock laggard
6. UPA - Dividend play and export play (laggard compared to Chee Wah)
7. FFHB - Starbucks play / turnaround company / mulling dividend policy
8. TeoSeng - whacked down to attractive valuation / consumer staple / laggard compared to peers despite being one of the biggest player in the market
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Email me at : tradeview101@gmail.com
Food for thought:
Created by tradeview | Oct 18, 2021
Created by tradeview | Sep 28, 2021
Created by tradeview | Sep 15, 2021
Created by tradeview | Jun 01, 2021
Created by tradeview | Apr 08, 2021
Created by tradeview | Mar 17, 2021
TeoSeng article in the pipeline. Muscle and M.Fahmi, respect your right to your opinion, however would be great if you can dissect and back up your comments with analysis of the numbers / figures. That way your comments would have more merits. All the counters highlighted under tradeview is an expression of opinion backed by solid research on the fundamental figures updated quarterly while tracking the company performance. Of the above, all have been consistently delivering consistent profit and growth for at least 8 quarters with two of them being turnaround companies. In addition, the companies above are listed for the sole purpose of running a business. Not for speculative reasons. Additionally, they are either backed by dividend issuance or mulling dividend policy. This will help weather the volatility in the market through bad times in the market. I remembered you all were beneficiaries of my calls for Gadang and FFHB as well. So we can have an intellectual discourse here if you have alternative suggestions. Do remember to add in numbers for discussion to lend merit to your arguments. Thanks.
2016-02-04 14:36
I have 6 of the 8 selections mentioned above.. Bought not due to Tradeview's input but glad to know we're fellow value traders/investors on the same wavelength. Anyway, am monitoring two of the counters not in my portfolio for an opportune cheap entry. Thanks, Tradeview.
2016-02-04 23:32
You are most welcome. Just sharing my humble view. Thanks for the support. Anyhow, CCB is gap up today with more upwards movement in sight. Most likely due to the upcoming QR.
2016-02-05 10:33
Mohd Fahmi Bin Jaes
not good
2016-02-04 12:43