@oily gassy , @ozzie - same sentiment also. wv 5

can any chartist help me verify if this chart is correct, or just false?

thanks in advance.

http://klse.i3investor.com/blogs/SUMATEC_BEAR/

Err... one of it is seacera, others I cannot tell... shhhh... haha.
It's not that i'm bad or anything... I once conducted an experiment with my friend, we brought the same shares at the same time, but at the end of the year when we meet again to conclude, one of us loss while one of us gained. Reason being one of us sold too early, while another one who hold got rewarded. We come to conclude that the theory "同人不同命" is quite true. So no point really follow others, always trust urself :)

Many other neighbor countries already gone up. Only us our index drop until koyak.

@chloe_ts - glad to see you also hv interest in it also. I think this ctr has potential, but is quite odd as of now. That's why nid a chartist to look at it.

@connie - good thing we hv same mindset :DDD But dun worry, I dun usually buy solely based on recommendations, i do my homework + recommendations from experts like skyhawk and you :)

Only if you are free, mind to scan this two ctrs for me? - smrt, seacera. And yeah, I don't drink , weird right? nuuuu im not an orange juice boy. Don't ask me why lol, maybe I'm drunk of this world even having to drink.

Haha, ada better than nothing la. Some company got money also duwan to buy back. Some dun even pay dividend. Seacera not very big but at least did something.

@skyhawk - MPAY another speculative ctrs like Suma leh, just got burned my fingers... why you think this ctr good stuff?

@connie - Just looked up. Oops sorry, my bad haha. I'm still waiting pickup some dead bodies from good counters since I just sold some Sumatec. Any recommendations?

PS: wah sehh... seriously haha. I'm the opposite, I've never touched any liquor, haha. Connie u chinese?

@connie - sure, why not? :D Anyways, you sure are cute and funny at the same time lol. Well i'm quite the opposite, so far I've make a few losses but luckily not too detrimental. I don't dare jump into big guns and guns blazing unless: (a) something is 100% confirmed (b) buying a counter which upside risk is much higher than downside risk. Once in a while I do some odd counters like Sumatec, but purely on side portfolio.

They say "no pain no gain" must throw big bucks to earn even bucks, but I think it's too risky. I prefer throw small bucks and earn small bucks. Just my 1 cent opinion.

@kcchongnz - yes, I agreed. Hype and rumours are there for a reason, to cheat people to chase high when higher or to trap you.

No offense, I just wanted to listen to ur expert opinion on this counter tho, to see if it has any future since you usually do a lot of analysis on numerous counters. :)

kc, pls comment on what you think of Sumatec, thanks :)

@connie - that guy always kacau many counter haha, don't compare me with him. love die you is a direct translation of cantonese :P and thanks, really i mean it.

Well, keeping calm in stock market is not easy feat. Sometimes I can, sometimes I can't. You're amazing as you can keep calm most of the time. Maybe through experience? or maybe you're just that good :)

And yeah, there's a saying "you watch my back and I'll watch urs". If there comes a time where you emotions are clouded, feel free to consult me too. I'll be ur 3rd party :D

@TraderR88 - Sumatec is very weak now, that's why they are making a last stance at 0.405 and 0.40 at my screen (which is my last risk tolerance level). Once breached, it may become a falling knife.

Sumatec is grossly oversold as told by oily grassy, hence it may rebound back, but the risk is too high for me to swallow, that's why i reduce half of my holdings first. Yesterday I already confront Looiks, but he still haven't give me any straight answers.

For me, main market and exited pn17 is none of my bigger concerns, as many other counters are alrdy main mkt and not a pn17 company. I can always shift to other counters with are more established.

HS's 1b projection sounds too good to be true for me, and I've never buy that story. The reason why I brought is I thot after they exited pn17, funds will come in and the company will grow, judging by now, there's something very vague and difficult to say. I like taking risk, but I love taking calculated risk.

@Fosterrrr - Nah, i just stumble back IFCA, got others counter to monitor + still working. God bless us all, thanks!

@FX Lee - dun bother with him la. From yesterday he talking, talking and talking non stop, and nobody even wants to be bothered with him.
Go lookout for ur other counters btr, today KLSE bad drop. Stop wasting ur time, go play ur badminton bro.

@KLSC - yes, agreed with you. The first thing I learned in investment is called "Emotional Contagion Theory", which explains that human being tends to succumb to pressure. When a lot of people buying a counter, you naturally don't want to miss out and buy, and when a lot of people are selling, the selling pressure is so strong that you'll sell too in the end.

That's why I established the self-discipline and rule of "if I can't handle the pressure anymore, ask someone else for their view which are neutral".

@connie - thanks connie, your view is always very sharp and accurate. love die you haha xD

The reason why I like to ask other's opinion, is when invest, we usually clouded by our emotions. It's hard to keep calm when your money is in stake.
If the buyer a lot, we tend to chase high, if the seller many, we tend to sell low. By using this way. third party opinion gives us the most "neutral" view, which is good. Sorry to keep asking same questions so many times. :'(

@connie - yeah, for speculative ctrs, very very dangerous without risk tolerance. I didn't expect my stop loss to be last support tho, luckily you told me. Thanks connie, sek sai lei! Mawrks :P!

Gonna dispose half now first and see how ltr. Seems like the selling pressure stopped a bit. Just now saw one shark dumping, scare die me.

Oh yeah, I still hasn't ask ur view leh. What you think? Btr to clear all mou this ctr???

Got ah, my risk tolerance is at 0.40.
But from ur analysis if 0.40 doesn't hold will be falling knife, then too risky liao, didn't factored that as I'm not a chartist.

Just wanted to hear ur opinion as reference, don't worry I won't blame anyone.

@connie - can help me scan Sumatec a bit again for today?
I got a feeling it's going to crash soon.

@trustme932 - thanks for the insight bro, you've been very helpful.
Anyways, I remember yong888 mentioned something about wave 5 bull ending near Oct, which I assume that's the end game of bull run?

last of the three updates:

http://www.theedgemalaysia.com/highlights/307788-highlight-another-opr-hike-highly-likely-hl.html

"Although a tightening of monetary policy is not expected until mid-2015, the central bank could use a policy statement to lay important groundwork"

http://klse.i3investor.com/servlets/fdnews/222424.jsp

here's some update for the US Fed.

http://www.bbc.com/news/business-29244461

@TraderR88 - I was lucky that I brought before they went goreng, but regretted didn't sell when it hits 0.62. Provided what Looiks says "coming is coming" is true, otherwise, personally, I don't think Sumatec's going to move so soon, I reckon at least year end or next year.

Here's two scenario I think you can do in this situation:

a) If the loss is already too high to sell, just hold it. Too low to sell anyway. The best thing about Sumatec is it's just exited pn 17, so it's still a beginning, not an ending. It might go up in the future, who knws?


b) If the loss is not too high, you can proceed with the cut loss strategy before it depreciates further. Nobody makes money all the time, sometimes there are bad investment. Might as well liquidfy the shares and buy another shares, hoping will make a comeback.

@damagpie - Hello there, I'm not a sifu but I hope I can be of help here.

Here's a list of brokers and it's comparison that you can choose from:

http://klse.i3investor.com/jsp/hti/brokers.jsp

http://www.thesundaily.my/news/898825

"To graduate from the ACE Market to the Main Market of Bursa Malaysia, a company has to make an uninterrupted profit record of RM20 million over a period of between three and five financial years, with a profit of at least RM6 million in the year when the application is made."

Someone might wanna take a guess when SMRT got transfer to main board?

Notice of Shares Buy Back by a Company pursuant to Form 28A
http://klse.i3investor.com/servlets/anpth/1018301.jsp

Your sarcasm is not being very helpful here.
I've never make any position in this forum, dun commit anything for me thanks.
Yeah, let's continue to fight amongst oursleves and sink the boat.

My standing remains neutral. I'm investing to make money, not investing to make my hair loss.

@Fosterrrr - In the first place I didn't even wan't to answer him and want sleep liao. (It's alrdy 1am duh...), but when I don't answer him he also offended.


"motomoto: not answering the question... so property developers only opt for basic package now is it? raw mats all not exempted ? taxable ?? bukan residential not subject to gst meh.. aiyo.... dont bring china in la... kao tim this first.. i also curious"


nvm la, work is more important. We all nid to carik makan.

Dear TCB, I'm still waiting for the analysis for Sumatec.

Sorry for the trouble and thanks TCB members :)

here's some update for the US Fed.

http://www.bbc.com/news/business-29244461

Wah sehhhhh, people alrdy sleeping liao still want argue.
What are you, some overzealous guy? no nid to work? no life much?
It's not a matter of difficult or not the Q, it's just that I'm too tired to entertain you.

Asking questions purely out of curiosity and clearly finding fault is two thing, hope you understand that. Decades back then, my guru always tells me, if a person clearly wants to argue, even 100 yrs isn't enough.

Look here, we're all in the same boat. We're supposed to exchange info and assist each other to sail the ship, not fighting amongst ourselves and sink the ship. What diff are u with those forum attackers if you attack ur own forum?

i3 forum is for open discussion, not for argument. If you looking to argue, feel free to look for other forums. Whatever you may say la, in real life, nobody is obliged to be bothered with another. Don't forget, investing is one thing, but we're all also nid to cari makan in real life.

Let all our us respect others and respect ourselves. Hope we all will huat at the end of this sailing journey.

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Posted by > motomoto

sleep is for the weak ma.. very technical meh my question i didnt ask candlestick macd rsi ema etc etc.. i just ask u ... residential prop gst exempted or not only ma?


http://loanstreet.com.my/learning-centre/How-GST-Will-Impact-Home-Prices-&-The-Property-Market


now u know its exempted... why ifca only provides basic package? like that also too technical for u meh? i also share ma.. share what u all dont want to hear only ma.. or u all kiki lala and have overlooked?

1 am you want ppl crack their heads accompany you... u no nid work tmr? no life? =_=
FX Lee play badminton at 1am not us, those technical stuff u carik him can liao. Otherwise ask another time, be considerate to others.

GST is just one side of the game, IFCA has more to offer than just simply a gst counter.

@motomoto - mana ada pluck from sky lol, I also use what i read from article. mana boleh simply tembak one lol...

Sometimes you cannot cover everything of the company inside out one la, at long as you understand and covered most then should be alright liao. Don't forget we all investors not employee of the particular field haha. If I work in ifca then i can answer all the questions 100% correct.

@FX Lee - aiya u're called "specialist" for a reason ma, or else why call u like that.
Fosterrrr , you, me all also human la, sama-sama la. Sometimes we all make mistakes too, don't we?
That's why I say it's good when we have discussion, easier to correct things and exchange information.
After all we're all on the same boat, the boat sails we all untung also.

@Fosterrr - No it's good to exchange information. It enriches everyone and corrects any wrong or misleading information. It's no use if the information is wrong and we fool ourselves, it's our money on stake after all lol...

Anyway, I went through the customs department and found this link:

http://gst.customs.gov.my/en/ib/SiteAssets/Iklan%20Sykt%20Perisian%20Perakaunan.pdf

Apparently many still under "ujian", which means not accepted?

@TraderR88 - You masuk hw many lots at what price? (1 lot = 100 shares btw, just in case you dunno)

Anyways, I think I spend too much time in this forum recently, better relax and less active lol...

Thanks for ur advice, but end of the day, you still haven't provide any concrete facts for your side of debate(?).

It's not that what you said can't be completely trusted, but it makes one a bit tough to believe. If this "credible consortium" is rly entering Msia mkt, pls try harder and ur best to provide us the concrete facts to warn us, we'll appreciate it. Really sincerely.

well, if you say like this, it could happen to any industry and any business, win liao lor, still nid say anything?

My advice is, nope, not bothered. Even if they emerged as market rival, ifca has already established it's base, and also China it's so big, where can telan habis?

If you studied business, you'll know it's not that easy to take away another's customer base, there are many factor incurred. and the "credible consortium" you talking is not even confirmed, no point guessing any further.

The problem is, unless the government approves it, this "credible consortium" tak boleh jalan in malaysia. There are so many software provider locally, why shud they want to give international company a piece of the "Rm 1.7b gst software market" cake?

Don't forget, the gov also collect tax from the local gst provider company, it doesn't make sense to give it to international company. Enlighten me if you have other thoughts about this?

@TraderR88 - I don't know, no comment. This counter is so odd I myself also cracking my head thinking about it. If you wanna enter, my advice is not now, at least wait until the wave comes. Like people say "ride the wave". Who's M btw?

feel free to post any more questions, it's fun and challenging at the same time to answer them.

Lemme tell you la rise, "credible consortium" or not, one thing's for sure, IFCA's share price will go up, like it or not.

a) GST software not every counter government permits it, you nid PERMISSION.
b) With or without BV, you can't deny IFCA is doing well. And when a company is doing well, it share prices will go up, and as such, other fund manager will come. BV wanna sell? sure, there are lots people eyeing to take away his "average".

I can only imagine BV sells in two type of scenario:

a) If the share price drop SIGNIFICANTLY below 0.35 (you think one cent two cent below he cares? His buying/selling tax is more than that)

b) IFCA is finished.

Brahmal explains trade - from The Star:

"Despite him reducing his stake, Brahmal still views IFCA as a good company with many growth drivers and that the disposal was his personal trading strategy.

“It is a pity that I discovered IFCA too late. In fact, I bought into it after reading an analyst report by Maybank IB Research,” he told StarBiz on the sidelines of the Malaysian Private Equity Forum 2014.

Brahmal explained that he adopted different strategies for the companies that he bought into and that included the holding period of his investment.

Nonetheless, he still thinks that IFCA has the potential to grow 20% to 30% yearly."

*If he sells, he'll regret a second time round. After all, he's gone through so much of length to get his average at around 35 cents. Sure, if he sells = he's slapping his own mouth.

@TraderR88 - you mean margin financing or? If it's margin financing there could be a lot of factors. Some broker may reduce margin financing if they felt the need to protect their client from companies that are risky (pls refer to the selldown incident in penny stocks like PDZ, Sumatec, etc))


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TraderR88: By the way, anyone knows bout Robert Tan's companies? Why is brokers cutting margin to 50%?