yuanlong57: I have a feeling today will b both an exciting as well as a wunderFULL day. Let's see if it's going to go further UP. Observe closely n careFULLY. It has a lot of story to tell even without uttering a single sound! Gud luck to all alcom sipporters.

yuanlong57: Gud morning n firstly congrats for having spotted Alcom and having the courage to fully concentrate on this stock for your investment n secondly for having monetize a part of your portfolio. As the saying goes paper profit is no profit until u have fully realised it. The tp for each person is different depending upon many factors that only each one knows best. Of course everyone would like to BUY AT LOWEST AND SELL AT HIGHEST which is impossible to do. However profit is still profit whether big or small. Remember to give us all a treat when u have offloaded your arsenal of ballistics. Just kidding.

The_Reds: I sold half of my shares in the morning at 2.04-2.05 and got back in at 1.97. This is aĺl based on my assessment that the price will go further up from hereon as selling pressure was well absorbed. Once we have made up our mind ( by observations of daily trends and charts) we have to trust ourselves by taking a position in that stock. Then and only then can we really have true real life experience of the choice we make. Patience and trust in your own judgements!!! Keep all your eggs in one basket, but watch that basket closely.”
&
“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.”

yuanlong57: To answer your question the red flag started flashing last friday n this morning when it gapped up which means to get the herd in. That's why I decided to get half of my shates out in the morning to take some profits. This will help cushion my remaining shares if it were to come further down which I don't think will drop much further due to the fact that it was well absorbed. Observe carefully the biggest volume done r mostly in the upper price range and where is the closing price? (Hence the red flag was shown to us on friday's close and this morning gapping up!!!!)

NEVER EVER fall in love with a stock. When u r happy with your tp then it's time to get out then let other people carry the RISKS. Always remember the risk /reward ratio when u buy a stock.You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress.”
You cannot be successful in your investing career and be constantly swayed by changing opinions of outsiders. It’s very important to believe in yourself and trust your PATIENCE IS BITTER BUT THE FRUIT IS SWEET.

My 2 sen worth n observations for 2day's trade trend: The morning gap up was a fake to entice more players in. The ball was then pass over for them to carry. Those who r able to hold n have patience would b well rewarded in the end. There r some who will b hurt n penalise if they r not fit enough to last the entire game. Those who can last will b well rewarded with a handsome div of 20.5 sen v soon and cash repayment of 32 sen ( most likely in Sept or thereabouts) and a possible further rise in price. The afternoon pressure selling was very well absorbed to keep the upward momentum intact as shown by a decline of only 4 sen 2day compared to a rise of 17sen last friday. I believe that the upward trend will follow through and also will b a steep one at that. No indications that a reversal of trend has set in yet. All indications are pointed towards an intra day correction. Comments are not meant as recommendation to buy or sell. Use the info as u see fit.

Hopefully gap up 5 sen 2morrow anf FLY!!

yuanlong57: Looks ok. Green flag now. Correction well absorbed. Comment not meant as recommendation to buy or sell.

Patience and trust in your own judgements!!! Comment not meant as recommendation to buy or sell.

Contra players are running for their lives!!!!!

Seems like intra day correction!!! Fingers crossed.

Bought back at rm1.97.

Ya. I sold half my portion ( took profit) which I haven't collected at around 2.04 -2.05. The rest which already pick up will wait tp=rm3. As I said b4 last friday u can see that Sell pressure came at around friday's close time. I think 2day's gap up was a fake to entice more foshes into the pond. Anyway the rest will wait 4 div by hiding in the pond. See how the correction goes b4 going in again.

Patience is bitter BUT the fruit is SWEET.

yuanlong57: There u go. That's the spirit. Neglect all the noises in the market. That's where patience becomes important n u know what reward awaits!

Lexie1221: only on hold at the mmt.

“You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress.”
You cannot be successful in your investing career and be constantly swayed by changing opinions of outsiders. It’s very important to believe in yourself and trust your judgement.

“You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress.”
You cannot be successful in your investing career and be constantly swayed by changing opinions of outsiders. It’s very important to believe in yourself and trust your judgement.

look for investments that are easy to understand – you are less likely to make errors in valuing this type of business. The two Warren Buffett quotes below explain this idea:
“I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”
&
“There seems to be some perverse human characteristic that likes to make easy things difficult”

yuanling57: on your devotion in spending time on research etc etc : You cannot become an expert at something without devoting great time to it. Passion is important.
“Intensity is the price of excellence.”

What the wise do in the beginning, fools do in the end.”

What we learn from history is that people don’t learn from history.”

LPTan68: Sorry to hear abt your losses in past years. There's a saying experience is THE BEST teacher but a very expensive one. I have heard of stories that even from the horses mouth people got burned too. The really smart investors will learn from people's experience, etc...etc.

A joker in our midst. Let's give him a big hand. Guess this will b a very lively forum afterall with the entertainment that he is going to provide us.

Yes v v funny greenhorn---Being able to maintain an even keel and not overreact to optimism or pessimism is critical for investing success.
“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”
Sober judgement is a commodity in a world of emotional investors.
“You’re dealing with a lot of silly people in the marketplace; it’s like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K.”

yuanlong57:Being able to maintain an even keel and not overreact to optimism or pessimism is critical for investing success.
“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”
Sober judgement is a commodity in a world of emotional investors.
“You’re dealing with a lot of silly people in the marketplace; it’s like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K.”

Patience is bitter BUT the fruit is sweet.

raychung0512: wat is meaning of Rofl?? Pls enlighten us a bit.

PATIENCE IS BITTER BUT THE FRUIT IS SWEET

yuanlong57: when I made the comment that it was in "overbought" position it wasn't the duration of time it was in that I was concerned about. It was when I notice PRESSURE SELLING setting it. That was why I was sharing my take based on experience of observing market movement over the years! MAY I B PROVEN WRONG!!! Comment not meant as recommendation to buy or sell. Use info as u see fit.

yuanlong57: YES. U r quite right to say that sometimes bullish push may prolong or stay stayer b4 correction sets in. Actually when I was still buying the stock even though it was already in the "overbought" stage UNTIL I notice pressure selling at close friday. That's when I back off. Anyway let's observe Monday. I HOPE I m wrong cos I m still PATIENTLY waiting for tp=rm3. Just putting in my 2 sen worth of thoughts to illicit some comments from others to see their opinions. LPTan68 has said it well that PATIENCE is the road to success in investing. Comments not meant as recommendations to buy or sell. Use info as u see fit.

Wise investors learn from their own past mistakes – and those of others.
“The best thing is to learn from other guy’s mistakes. [General George S.] Patton used to say, “It’s an honor to die for your country; make sure the other guy gets the honor.” There are a lot of mistakes that I’ve repeated. The biggest one, the biggest category over time, is being reluctant to pay up a little for a business that I knew was really outstanding.”

Quote from Warren Buffet on investing in stock market:
Being able to maintain an even keel and not overreact to optimism or pessimism is critical for investing success.
“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”
Sober judgement is a commodity in a world of emotional investors.
“You’re dealing with a lot of silly people in the marketplace; it’s like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K.”

Already a reversal from uptrend momentum perhaps????

GGecko: u said it NOT me. I hope u r right so that EVERYONE WILL B ABLE TO SEE what he and U saw. Thumbs up for GGecko for HIGHLIGHTING and illuminating us all with his great VISION!!!!!

Is there something that Rashid Hussain sees that we don't??????

Just think why would a previous eminent banker like Rashid Hussain pump his money into a PENNY STOCK IF it has no future. Food for thought. Comment is not meant as recommendation to buy or sell. Use info as u see fit!!

Sounds like lots of people here r traders. Guess that's why it's so difficult a task to even climb up even though fundamentals r strong. Therefore PATIENCE would b a great virtue to have if u r in this stock!!!!

yuanlong57: good on u. U must b a fast learner. Of course nothing beats getting into the market live. One thing for sure. U won't REALLY LEARN until u get into the action. A lot of times after erebrowsing through and studying the stock thoroughly u need GUTS to actually enter and test yourself. Besides TA and FA v NEED to understand the psychology of the public masses for collect the stocks, etc, etc. It is a tough game out there but usuaĺly PATIENCE does pay dividends. Sometimes when v see stock has risen too much v r very reluctant to enter anymore cos at the back of our mind there is always the "WHAT IF" it is a fake!!! Anyway there are all sorts of "players" in the market. All r just trying to beat the shrinking ringgit value. We must ingrained the virtue of "PATIENCE" in our mind. Gud luck all and dun forget to read my link to Warren Buffet's thoughts on investing in the market. Some truly illumination thoughts!!

yuanlong57: Patience is bitter BUT the FRUIT IS SWEET.

LPTan68: did u mean that u think it will consolidate next wk???? Sorry, when translated with google it's sometimes doesn't quite make sense.

yuanlong57: Gud morning. Keep up the gud work of researching and comments as u see it. Whatever comments that each and everyone of us makes should ONLY b used as food for thought b4 we make a decision to invest or not. From dialogues here I can see u must have been involved with the stock market for a long while already. U too have a v sound analytical sense n it's great having u as a buddy in the market. U do have great pointers too. Keep it up and let's ALL HUAT TOGETHER.

I came across a very interesting article which I thought might interest u guys: feel free to comment.
http://www.suredividend.com/warren-buffett-quotes/#history

callme777: Lbalum is a good buy BUT I still believe the ALCOM IS A MUCH BETTER CHOICE.I believe it will go up at a faster rate than lbalum. Having said that lbalum is only at 0.88 sen at the mmt. HOWEVER the amt of Alcom shares flot in the market is much lower. Furthermore Alcom shares has gone up sharply for the last 4 weeks or so. Who dares to go in n buy with the thought that it MAY drop as sharply too. Only dare devils will. So with that reverse pyschology in mind IT is easier to push up the price!!! Anyway the fundamentals r strong so no worries. V only worry if v r speculating. Then it will boil down to correct timing of entry which no one really knows. Anyway that's my 2 sen worth of thoughts. Gud luck if u r switching. Comments not meant as recommendation to buy or sell. Use info as u see fit.

yuanlong57: Yes. I absolutely agree with u on the uptrend being v v strong. V just hav to hang on in there whatever comes and not b affected emotionally IF correction does surface!! Hang in there guys and let's have a great hols!

yuanlong57: The trade trend throughout 2day does indicate some kind of "organised" disposal (as u put it), to me at least, especially after the price went past rm1.97. However having said that it was quite well absorbed as shown by closing price. My only concern is how players will view it over the whole weekend. My take is MOST probably there may b a correction next week as the stock is already in an overbought position for the past 2 weeks!! Even though it was in that situation there wasn't a red flag till around the market closing time. That was why I was still collecting at around rm1.93. Anyway let's wait for Monday n see what happens!! That's my take on the trend 2ay.

kennyku: No need long term. Mid term will b good enough. NEVER EVER fall in love with a stock. When u r happy with your tp then it's time to get out then let other people carry the RISKS. Always remember the risk /reward ratio when u buy a stock. Comments is not meant as a recommendation to buy or sell. Use info as u se fit.

Good luck to u The_Reds. If u hold .....and r not affected by the gyrations of the stock next week then I dun see a problem.......

If it spirals to 0.155 EDEN WILL B a SURE GONER BUT I doubt it will. It is in an OVERSOLD position already. It has to bounce back NEXT wk otherwise bye2.........

At the mmt looks like counter is only good for sideways trading.