Ahmad Cendana

cendana287 | Joined since 2012-03-14

Investing Experience Intermediate
Risk Profile Moderate

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Stock

2013-05-08 15:58 | Report Abuse

@anson938, The problem is the CN's expiry is so close and it makes one's heart thump loudly when the mother goes below 1.60... as it is now (1.58). Maybe I should just get out now - can sleep easier at night:-)

Stock

2013-05-07 20:43 | Report Abuse

TM has been a laggard since before the GE. Now when most others are seeing significant increases, TM is still lethargic. I `sangkut' with its -CU. Expires 30/9/13. Yeah, still four months to HOPE for something to happen. But with non-performing CWs, time flies fast.

Stock

2013-05-07 20:36 | Report Abuse

Have to say this again - you really have nerves of steel! Investors like you tend to be among the most successful over a period of time. These investors would milk a good trade/investment to the max. I know how difficult it is to hold; always having to fight the urge to sell and lock in the profits whenever the counter shows signs of stalling. I don't have this ability yet. Many of my selections have proven to be good but I often get out too quickly.

Stock

2013-05-07 19:46 | Report Abuse

@tamasi, Good for you. Same price as mine - had bought it quite some weeks before the GE. Sold half today at 0.03:-) Maybe I should have sold all considering the expiry date is so close. Only a bit more than 2 trading weeks left. If the mother goes down in the near future, the CN will suffer a big drop percentage-wise. Can't really say it's greed - it's more of "calculated risk". I wouldn't recommend new punters coming in... unless if you're willing to risk losing 50% of the capital if the rally peters out.

Stock

2013-05-07 19:37 | Report Abuse

@tonylim This one is 30 sen now! WOW! You got this one right big time, Tony, when it was at 4 sen. Unfortunately, neither of us is still holding it - or have you bought it again? Had thought that 8 sen was already very good (100% profit). But at 0.30 - that would have been a profit of 750%!

Stock

2013-05-07 12:32 | Report Abuse

Same with me although it's not this one. It's very tempting to just hold and hold when the counter *appears* to be going up and up. But have to discipline myself and take profits when they come instead of lingering on.

Stock

2013-05-07 11:30 | Report Abuse

@virgogo - Even those WITH knowledge still lose money:-) But you're right in this sense, of course. Some people simply jump in with only vague ideas of what they're getting into. Sometimes they do get lucky and make big profits. But it's always good to gain more knowledge about the market. And this one is never ending - one will always learn new things.

Stock

2013-05-07 11:26 | Report Abuse

If it's on an uptrend, then there might still be something left for you. But it looks rather risky - as you had said, you might have already missed the boat. If those who came in earlier cash out, you will be left holding the bag as the price slides. And it's now at the psychological barrier of 3.00 - it's always difficult for any counter to overcome this. Take Astro before the GE, for instance, where it spent weeks below its stiff resistance (also 3.00) with several pullbacks before finally pushing through.

Stock

2013-05-07 10:58 | Report Abuse

This is one of the best performers over the last few months. "Political risk", most of the analysts said, but it went steadily up even when the General Election was approaching. And still going up! Guys, remember that time not too long ago when it was at 1.70 or so? SIGH...

Stock

2013-05-07 10:22 | Report Abuse

MRCB-CN -- this one is the riskiest because it is approaching its expiry. But if the mother continues to go up, the profit in terms of percentage will be high for punters. Not for the faint-hearted, that's for sure.
-CN Ex. Price 1.60; Ratio 2.5; Expiry 31/5/13 -- Mother is now at 1.64

Stock

2013-05-07 10:15 | Report Abuse

I agree with @virgogo - it's whether you think the MAS shares will have potential that's the most important factor. If you do, I feel it's better to just buy the ordinary shares, not OR, and not having to watch the expiry date.

News & Blogs

2013-05-06 12:53 | Report Abuse

Ibrahim lost. But he will be around for a long time yet. I remember he was already on the political scene since long ago - I was still in secondary school and that's a LONG time ago. One thing about Ibrahim though - he knows how to adapt, switching from this to that. Most politicians of his generation have already disappeared from the scene if they haven't made it to the big time.

Anyway, I'm disappointed with myself for not being braver last Friday. Should also have bought Mudajaya-CM Darn!

News & Blogs

2013-05-06 11:53 | Report Abuse

Well, I did get back my expenditure spent in going back to vote in Pasir Mas, and a bit more:-)

News & Blogs

2013-05-04 01:10 | Report Abuse

@tonylim, I keep hearing about people getting money from both sides to go back and vote. But I must be one of those luckless souls - had never, ever received one sen since 1985!

News & Blogs

2013-05-03 17:05 | Report Abuse

@iafx, Yup, will definitely have a lot to talk about next Monday:-) Going back to vote in DUN Chetok and Pasir Mas parliament. Hoping that the MRCB trade today will cover the various expenses.

News & Blogs

2013-05-03 16:31 | Report Abuse

UEM Land - one would have thought that this kind of "political risk" counters would go down in the run up to the GE. But it has been going steadily up and I missed it. Darn! Final 25 minutes... I think I'm going to take a calculated risk and buy something. MRCB? AirAsia? But not putting too much money on the line though.

News & Blogs

2013-04-10 18:30 | Report Abuse

Hapuskan tol...? That's very easy to say. So who is going to reimburse those who had invested money to build and maintain the expressways? If you say "the government" or "Petronas", that means the money will still have to come from somwhere. If the government takes over, that means those in Bukit Panau, Tanah Merah, Kelantan who would never use the tolled roads are indirectly paying for those who use them every day. I would be happy because I'm in the Klang Valley and use NKVE, DUKE etc. a lot of the time. But would it be fair to everyone?

Stock

2013-04-10 18:27 | Report Abuse

Is it something like Hibiscus? Heavy selling right now but it will end. Going to KiV this counter - might be potential for a few ringgit when the tide turns.

Stock

2013-04-05 11:57 | Report Abuse

I will be delirious if it gets to near 1.80 before the end of next month. Going to hold on to the -CN warrant because I believe there's a fighting chance for it to strike (Ex. Price 1.60).

Stock

2013-04-05 11:53 | Report Abuse

Don't have to worry too much about this counter. It's one of my favourites to trade. Its support looks solid. Just need to wait a bit for the traders to come in again.

Stock

2013-04-05 11:48 | Report Abuse

Borneo Oil - no connection with the index-linked counters. Nanti bila yang lain turun, dia naik. Ini kaunter "bermusim". Sekarang baru naik bunga kot... kena tunggu dia berbuah hijau dulu.

Stock

2013-04-05 10:17 | Report Abuse

Good volume and very positive movement today. I wonder what's behind this...?

Stock

2013-04-05 09:53 | Report Abuse

Come on! Get past 1.50 and stay up, please. It is on an uptrend but is rather volatile. This is due to many short-term speculators jumping in whenever there's volume. And they tend to be satisfied with small profits.

Many have been avoiding MRCB since it's one of those counters deemed as "political risks". But similar counters like Gamuda and UEM Land have nonetheless gone up in the past couple of weeks. And now there's sustained interest in MRCB too with many investors not waiting for the GE to be over first. That means they have already made a conclusion and are willing to take the risk by jumping the gun. But have to be fast with this counter - it can move in the opposite direction just like that.

Stock

2013-04-04 16:31 | Report Abuse

Darn, should have given more attention to it when the Affin remisier at The Curve SMS last week about LBS. He never does this before. So now I know - with these very quiet people, when they do say something, I must listen carefully and act.

News & Blogs

2013-04-04 11:51 | Report Abuse

Yup, even a monkey can make profits should it get this kind of loan at a low interest rate. Just put the capital in properties or land and you'll make a bundle over time. With some cash in hand and a low interest rate to service, one will have the stamina to wait things out.

Stock

2013-04-03 13:15 | Report Abuse

@minitrader, I'm rather disappointed. Had waited and waited for the kneejerk reaction to the news of parliament dissolving; hoping to get good bargains. But when it does happen today - FINALLY - there doesn't seem to be too many opportunities. Going to see how it goes in the coming days.

General

2013-04-03 13:10 | Report Abuse

Based on past elections, you have to take a stand on this crucial factor first: will BN do better? If you don't think so, then it's more prudent to stay away and wait it out... see how it goes after the GE. But if you think BN will get a solid mandate, it might be better to buy before election day. If foreign investors and institutions think so too, they will jump the gun and start buying early. For us the small fish, try to jump on the bandwagon.

By the way, most counters seem to have recovered from the earlier knee-jerk response. Does that mean the market will NOT slide, as many analysts had been speculating over the past few months?

General

2013-04-03 12:25 | Report Abuse

Setuju. I'm following the so-called quality counters which have a record of paying generous dividends like Boustead. Plus the telcos, oil & gas and selected construction counters. But most don't seem to be too compelling yet i.e. "not really cheap". It will be interesting to see how the market fares later today and in the coming days. I don't think it will go down that much - politically it's a different situation than in 2008.

General

2013-03-28 10:11 | Report Abuse

Have to remain cautious and not get in too deep considering the present situation. If there are profits, I'm taking them immediately rather than wait. At the very least, will have to wait for the GE announcement first and see how the market reacts. There will probably be a drop, which is predictable. It's in how the market fares in the following days that will be more important. For now, I'll just do more watching than trading.

Stock

2013-03-23 09:48 | Report Abuse

This one is definitely not for the faint-hearted. Especially with its call warrants. It is the classic "high risk, high reward" volatile counter where you either make very sweet gains in a relatively short period OR your hands get burnt. If it doesn't perform within the next two months, it will be the latter for me:-)

Stock

2013-03-22 09:12 | Report Abuse

@anson938, Thanks for the calculations. The price of CWs is easier to weigh when it is in the money. Especially with the expiry date not too far away. The market tends to fix it to a T with extremely low premiums. Based on your calculations here, things will get really interesting when it exceeds 1.63.

Stock

2013-03-22 00:56 | Report Abuse

That's the problem here - the GE factor is weighing on everyone's mind. People are skittish and would run for the exit at the first sign of trouble... and bringing the prices down. The generally-held assumption is that most counters will go down - especially those perceived to be politically connected. That's why many people are at the sidelines to wait it out. But in doing so, they have missed out on potential profits of some counters like Muhibbah, Gamuda, Alam Maritime etc. Your guess is as good as mine when it comes to how the GE will influence BSKL. I'm in but am putting no more than one-third of my capital until I see how it reacts to the GE.

Stock

2013-03-22 00:49 | Report Abuse

@BC475654, it's very dangerous for me to answer a question like that:-) If things don't go your way, I'll look like an idot... and you'll lose money. So, I'm just going to say this - I'm holding the CN. The two or so months left to expiry is a concern, of course. Buy at 0.02 now and there's the very real possibility of losing 50% if the mother stumbles (assuming you'll cut loss at 0.01).

Not recommending that you or anyone to buy it - just saying that I'm punting this one. Makes my heart thump from the nervousness though HAHA! If things go my way before the expiry, 100% profit is definitely achievable... if it goes to 1.60, of course. At this price, it *should* go to 0.04. And if it goes to 1.60, who's to say it won't go to 1.80 after that? If it does, then punters with the CN will have huge smiles. But if MRCB falters to below 1.40 again, and with time running out, I'll just have to take my loss.

Maybe CP and CQ are `safer' in the sense that they have much longer expiry dates. And CQ's ex. price is only at 1.55. You will sleep easier should the mother go down again. If you decide to cut loss early, it won't be a 50% loss, unlike CN. You'll have to weigh the pros and cons here.

Stock

2013-03-21 17:42 | Report Abuse

Good performance today. Another 11 sen and the -CN will reach its 1.60 ex. price. Time to expiry is a bit tight though - 31/5/13.

News & Blogs

2013-03-18 18:54 | Report Abuse

The market is reacting to the imminent announcement about the dissolution of parliament and the state assemblies with some investors trimming down their positions "just in case." If the selling continues tomorrow, prices will slide further, of course. But it will also create opportunities to pick up quality counters selectively. Especially the oil & gas, telcos and certain construction counters which are doing well. It will require a lot of courage to go against the crowd. But that's exactly how the savvy investors make big money. The key will be capital management which includes one's ability to hold and wait.

Stock

2013-03-08 12:30 | Report Abuse

Someone seems to want the price to go down, always giving away 1 lot at the buyers' price.

Stock

2013-03-08 12:26 | Report Abuse

Actually, I had `makan' this one a couple of times before that. Unfortunately, I got cold feet when thinking about its expiry date, plus this matter about the "GE Factor". You know what they say about counters perceived to be politically connected, and Gamuda is one of them. I should have ignored that and should have made a calculated speculation here. Despite the GE Factor and short expiry date, the critical thing to consider was the mother's price - it was still above the ex. price. Well, too late for regrets now. Better to use the time and emotional energy to watch and think about future potentials.

Stock

2013-03-08 12:21 | Report Abuse

I'm just following a few counters and being very cautious at the moment. Just waiting to this matter of the GE to pass first - I want to see how the market reacts when the announcement on dissolving parliament FINALLY comes. I believe there might be good opportunities here if the market over-reacts and bringing down the price of the quality counters.

Stock

2013-03-08 12:14 | Report Abuse

By the way, with the lesson from Bursa-CZ: regardless of the "GE Factor", I'm betting on Mudajaya-CM with the hope that it will also perform. It went down to 0.04 a few days ago, which gave me the chance to come in. Mudajaya is rather quiet at the moment but it's one of those counters that will go up and up a few times a year:

Ex. Price 2.70; Ratio 3:1; Expiry 31/10/13
Mother is now 2.50 or so. With 7 months left, something *should* happen...positive, hopefully.

Stock

2013-03-08 12:06 | Report Abuse

This one has been a really satisfying punt especially if one had gone in when things were quiet and waited. Another learning experience: when a CW's ex. price is not too far from the mother's current price, PLUS there's still a lot of time until the expiry date (at least 6 months), just buy and wait. A premium in the low 20's is definitely very reasonable.

Stock

2013-03-08 11:49 | Report Abuse

Going to kick myself. Had sold at 0.055, which was okay because I made a profit. What's not okay was that I didn't buy again when it went back to 0.04.

Stock

2013-03-08 11:46 | Report Abuse

@tonylim, you still have this one? I don't...not anymore, unfortunately:-( If you do, then CONGATULATIONS for the big payday:-)

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2013-03-08 11:42 | Report Abuse

The psychological resistance has been reached. It's crucial for AA to form a base here and turn 3.00 into the new support.

Stock

2013-03-06 21:19 | Report Abuse

+7 sen today but the volume is low. Can't say it's an uptrend without having enough volume.

Stock

2013-03-06 21:16 | Report Abuse

@Desmond, it's roughly in the 1.60-1.75 previously. For traders, this kind of range is attractive enough to speculate on. And that's another problem with MRCB - many traders are content with just modest gains, selling for profits of less than 10 sen.

@maxtbp86, 2.00 is perhaps too ambitious to think about at the moment. I will be happy with this first - that 1.40 is a solid support. Having a base is critical and MRCB is forming one after having gone down to new territory with those below 1.30 prices. It broke the technical charts in that we can't even be reasonably sure of where the bottom was. But things are getting better now - just watch the 1.40. The next target will be to approach 1.60. If it gets past that, then the good days for MRCB punters are back. Right now many are rather jittery; one foot is always at the exit ready to run.

Stock

2013-03-06 21:06 | Report Abuse

This darn GE Factor thing is really a big drag on BSKL. It's actually a good day when it comes to market sentiments with many counters going up. The gains are "okay" but I feel it would have been significantly more had it not been for this drag. Investors are so cautious with many being quick to lock in modest profits. Let's get this GE over with, please.

Stock

2013-03-06 00:51 | Report Abuse

It was like that a lot of the time previously. But since a couple of months ago or so, it did very poorly as compared to UEM Land. The latter at least had ups and downs while with MRCB it was mostly "downs" only. Hopefully they are becoming more aligned like before as you have noted. If that's so, then the upside potential looks promising - MRCB needs only to go back to its `normal' range and many traders will be very happy.

Stock

2013-03-05 19:25 | Report Abuse

I may be wrong because it might announce something in the near future and some insiders who already know of it are buying early. But I don't think this is news-related to anything. It's probably more of the "second wind" in response to matter concerning Gapurna at around Chinese New Year. This is definitely positive, especially when it will now have a CEO/Managing Director who is also a major shareholder. It's always good when someone in this position has a significant financial stake in the wellbeing of a company; not some seat-warmer who is into it solely for the salary.

MRCB went up after that but couldn't sustain the upswing. Among other things, the GE Factor was weighing it down since it's one of those counters perceived to be politically connected. But many investors like the Gapurna deal, especially the warrants they'll be getting. The weak holders have already been weeded out during those months when MRCB went down and down from its `usual' range of 1.60-1.75 to as low as 1.20-something. Based on the technical readings, it is obviously on an upswing. The question is, how long can this be sustained?

I'm taking a risk with it... the cheap way through its CWs. Had sold some of the -CN after CNY but I'm keeping the rest. Ex. Price of 1.60, expires 31/5/2013 - I feel there's a fighting chance.

News & Blogs

2013-03-05 12:18 | Report Abuse

Been on the minds of most of us since last week at least. Even in this situation, Malaysia is still being very considerate...still giving the intruders the chance to come out alive to avoid further bloodshed on both sides. This Kiram - it's so convenient for him... his bingai followers doing all the dying while he cowardly stays away. This is just a wannabe extortionist - he was trying to extract something from Malaysia for his own personal benefits. Well, if we give in to his demands, others will come in with all sorts of claims. Some guy in a remote village somewhere in Minangkabau might claim the whole of Negeri Sembilan is actually his. SORRY! If you come in to our country with weapons, if you break the laws, then you'll just have to pay for it.

Stock

2013-03-05 10:38 | Report Abuse

It needs to convincingly break past 1.40 and stay above that. It did earlier today but slipped back on profit-taking. And this is also one of the problems with MRCB - the traders tend to run after only a few sen of gain. But those who came in at 1.26 or so just a week or so ago are in a comfortable position right now.