tony - morning. How's your recent trading ?

tsy88 - sorry. Just came back. I feel ijacaobs can still move because the recent exercise is very beneficial to them.

tsy88 - Good morning. Looks like you are setting the TP for Fiamma at 1.17 but then if you see that there is no follow through in the momentum and it's no harm selling a bit lower. Just to lock in gains and protect capital. By the way did you go in Greenyb (good returns in terms of percentage)

can take a look at bsl, jaks today. Ijacobs should continue its uptrend.

Can take a look at the following (on observation of price/volume movement yesterday and the and market mode today)
Jaks
BSL (poor FA)

Ijacobs should continue its run.

Good morning everyone here. No upsets in the WC matches last night
Group A
Brazil 4 Cameroon 1
Mexico 3 Crotia 1
Group B
Spain 3 Australia 0
Holland 2 Chile 0

Good morning everyone here. No upsets in the WC matches last night
Group A
Brazil 4 Cameroon 1
Mexico 3 Crotia 1
Group B
Spain 3 Australia 0
Holland 2 Chile 0

tsy88 - hope you can profit from Fiamma ( i didn't go in though). Good night all

choolooi - greenyb was a very immediate trade (thus I didn't post) . Just made 1 sen for duit kopi as I do not want to hold many counters. I sold Ancom with 2.5 sen gain. Bought and sytill holding Esceram at 14 / 14.5 sen. Also went in Ijacobs (see itchy kaji) at 36 sen.

sayonara Ancom for beer money !

rchi - congrats again on seacera !

tj - mrcb mother but mrcb wa played many rounds already. Buy at 21.5 to 22.5 low risk. Then see at 23 / onwards

tj - small kaki only, cari beer money

testing ijacobs

tsy88 - on Fiamma, at this moment it looks okay but must, like TCB says, know when to get out (locking in profits or cutting losses).

Fiamma recovered to 2.05.
Got some Ancom at 58.5 and Evergreen at 53.5

testing Evergreen

lottolearn - congrats in having recovered your losses.

choolooi - yes I do go to Bukit Tinggi and very often too. I reckon I have patronized about half of the restaurants (about 30) operating there.

testing ancom - 58.5 sen

Hi Pathew - good morning. You can see the watch list in my earlier postings. Happy trading !

choolooi - Morning. Will do. Hope you are doing fine.

rchi - morning. Congrats on Lysaght

Fiamma - gaped up at the opening, thus did not take up a position. Touched a high of 2.05 and fell back.
Greenyb - still ding donging 27.5 / 28.0.
Censof / Syscorp / PJBumi - quiet at the moment

profitman- good morning. Thanks for the kind words. It is important for newbies to learn more about the facets of stock trading in order to have a better chance of making money from the market. A lot of them are using their hard-earned money to trade and they must always remember it's of utmost importance to preserve and protect their capital.

Portugal scored a last minute goal in extra time to snatch a 2 - 2 draw with USA and thus keep themselves with a slim chance of moving into the knockout stage. Another upset result.

In other matches Belgium 1 Russia 0
Algeria 4 South Korea 2

tsy88 - as I mentioned my picks are based on observation of price/volume movements and not on corporate news. But if indeed there are, it will be an added catalyst.

Good morning to all.

Happy trading to all tomorrow !

tsy88 - that's where years of experience comes in because it helps to gauge/indicate whether the stock is losing momentum and the selling starting.

tsy88 - noted with thanks on Censof. Have faith in tm932.

tm932 - thanks but they are not really tips, just for consideration.

tsy88 - I guess probably you have no time to monitor and thus pre key-in your sell prices for Pelikan and KUB. If possible try to have a look at the market situation first. But then again it's very hard to predict the trend at times. As long as you are comfortable with the sell prices, so be it.

tsy88 - you are welcome. As I mentioned these are just the stocks to watch as I can only make a decision after looking at the opening in terms of market sentiment/activity and price/volume movement. If you were to see my posting in itch kaki to tm932, I also do not fancy Censof but would still pay attention since it's also in tm932's radar - no harm paying attention.

And if you were to see my other postings, I also heard a few years back that Mulpha could be taken private. I have been holding this stock for at laest 6 - 7 years. I am still having Amprop as it may move further as the date for the exercise approaches.

Counters to watch for in the coming week Censof ( also in TA practitioner trustme932's radar) Fiamma, Greenyb, Syscorp and Pjbumi.

Note : This is not a call to buy as I have yet to take up any position in all the stocks mentioned. As TA is not used, no buying in / selling / cutting loss prices are mentioned. My decision to enter depends on several factors like overall market sentiment/activity and price/volume movements.

trustme932 - sorry was sleeping earlier. Taking short naps throughout the day to recover from lost sleep (as a result of the World Cup).

Thanks for the readings on JHM and Tekseng (as you know most of my picks are slightly earlier, before they are being noticed as in the cases of BHS, Orna etc).

Yup Censof is in fact one of picks for the coming week but as mentioned earlier this stock may not suit me but nonetheless will keep it in mind.

The rest are Fiamma, Greenyb, Syscorp and Pjbumi. Perhaps you may like to have a look at them.

By the way, if you may notice, had a friendly chat with your close friend tsy88 in the thread Technical Code Breaker @ TCB.

tsy88 - just my views (no TA involved) on Pelikan and KUB. Probably I have traded once on the former but never on the latter as both do not have the financials to meet my criteria. And KUB is politically linked counter, something I do not fancy.

Pelikan - guess you entered on 18 Jun at the price of 1.56 when it went up with some volume (which to me is not convincing enough) and thus there is a lack of follow through the next two days. Again as I do not use TA I am not able to give a cut loss price (perhaps TCB can assist)but I feel the weak sellers are in. I would probably have sold the next day at between 1.50 to 1.52. Having said that it all depends on whether you want to hold on for a rebound (which is quite likely based previous occasions and provided the market is still intact) or move your funds to other counters.

KUB - probably you made your move on Thursday or Friday but although it came off it's high, I see that the selling is not that drastic and possibly stands a good chance of the price coming up again (but must be accompanied by volume).

Would suggest TCB to give you their chart readings.

lottolearn- matrix indeed has done well with his latest advice and I can't agree with him more.

" Lottolearn, I think you have all the facts on Sona by now and hopefully you can make a right decision. Like what inwest88 says, selling is the most difficult part of trading because of our Greed and Fear especially one that involves taking losses.
Maybe you can think out of the box : instead of concentrating on losses why not think if you can release your capital and that capital can be used to buy some uptrending stocks and in that way you can slowly make back what you lose in Sona.Then this is only my suggestion. "

Or you can think it in another way. In stock trading do not fall in love with a counter. If the need to cut loss, just do it and use the money to recover from others. Do not expect to make money from each and every counter you invest. That's almost impossible if I have to say. Take for example - you are in Genting with a capital of RM 1,000 and you decide to play Black Jack for just 10 games at RM 100 per bet per game. Surely you do not expect to you win every game. But as long as you are able to win, say 7 and lose 3, you will be be the ultimate winner. Winning 7 and losing 3 means you end up RM 400 winnings after 10 games which represents a return of 40% over your initial capital of RM 1,000. So forget those 3 games that you have lost. On the same note forget those counters which you have taken a loss. Of course this Genting issue is just an example. Given the odds which are in Genting's favor, the chances of winning 7 out of 10 is on the low side unless Lady Luck is with you.

Boon3 - thanks for your 3 sen view. I understand where you re coming from. At this moment there are some conflicting views on this counter pending further clarification from the Management in respect of their QA.

tsy88 - Just woke up minutes ago. Normally I retire to bed at about 11 pm but these days have been staying up at infrequent hours of the night due to the World Cup, thus taking the opportunity to chip in my comments. As I have mentioned earlier, TCB is not the right thread for me to post my stock picks as I gather most of the people here use TA whereas I do not. But since both matrixcool and Profitman have given their "consent" I would be more than glad to do so.

We are all here to make some money from the market and thus sharing my thoughts with others is not an issue at all. It is hoped that for those who want to invest in stocks highlighted by others would do an assessment (and like what TCB always advocates, have an exit plan) before jumping in.

For me my picks are made known early in the morning or if it is during trading time before or immediately after I have entered (sometimes it could have jumped by several bits by the time I post, depending on the momentum of the stock). It is only fair to be transparent. As I have said, my picks are solely based on my observation of the price/volume trends and movements. However there is some similarity with TCB in one criteria, in that it is approaching or has penetrated new highs which means it has overcome the stale bulls and broken past the overhang stage. The setback is that since I do not use TA, I do not set target prices and will sell (most of the time too early) if I feel comfortable with the gains or that I see the stock losing momentum. I am a conservative
player and contented with small gains. As I like to go around looking for food (since I am retired) the time I spend on trading is normally the first one or two hours after the opening bell and in the late afternoon.

To answer your question about those comments of "huat arr" in itchy kaki, I guess it's just an expression of happiness and satisfaction when the prices go up. Except for tj who I reckon is a big and intelligent trader, the rest are just the common players (no offence if I am wrong)

TCB often mentions that TA is just a guide and those armed with some knowledge of TA and FA would surely be in a better position to execute a "buy or sell" decision. A lot of newbies would just jump into a counter upon seeing comments like buy buy buy, will limit up tomorrow, will be reaching this price soon etc etc. That indeed is very risky. It is also not a good thing for one to tell everyone (even if it is true) that he / she has made so much from this or that counter as newbies can be easily be influenced and lured into thinking that stock trading is such a simple and effortless way to get rich.

I do agree that luck also is a contributing factor, albeit a minor one, in stock trading / investment as compared to being a major factor in gaming.

Going out for lunch now. will respond to others when I am back.

greatman - have to catch some sleep. Cheers !

bsngpg - good morning. Can't agree with you more. It has many many times before and will happen again in the event of a very major correction.

lottolearn- good morning. If you don't mind allow me to comment.

If I am not mistaken, it is one of the conditions for SPACs to refund 90% of the IPO proceeds (if no QA is acquired after 3 years), which in the case of Sona is 45 sen ( 90% of 50 sen). See below :-

"A SPAC is essentially a shell company with no operations. As it has no assets prior to its initial public offering (IPO), its listing is also referred to as a ‘blank check IPO’, raising funds to acquire operating companies/businesses or assets, termed qualifying assets (QAs), which will then be folded into the company. Once it secures a QA, it ceases to be a SPAC and becomes a regular company.

Malaysian SPACs are given three years to secure a QA, or 90% of the IPO proceeds must be returned to investors "

In the entire process of stock trading, selling (even with gains) and especially if it is a cutting loss situation, is the most difficult part. But with discipline, such a practice can be cultivated over the years.

Happy trading.

greatman - you are absolutely right. It's something not to be missed especially now that the standard of the teams are not much of a difference unlike previous years where there were a lot of one-sided matches. I used to watch almost 100% of the matches in my younger days but with age creeping up, now I probably watch about 60 to 70%.

With Bosnia just having lost to Nigeria, it is out of the 2nd stage with 5 other teams (Australia, Spain, England, Cameroon and Honduras).

In the earlier matches, Argentina scored in extra time to register a hard fought 1 - 0 win over Iran whilst the other game saw Ghana holding strong contenders Germany to a 2 - 2 draw after having lead 2 - 1 at one stage.

greatman- good morning. Up so early? Guess must be watching football. Just relating my experience. No problem

tj - Argentina just scored. Argentina 1 Iran 0 Game ending anytime.

Ayamtua - how are you? Haha so you have read my previous postings. I have cleared all my holding in EAH from an initial loss position to become one of my top gaining counters. I have not touched this stock since.

If you were to ask me, yes the company still looks good with potential growth for revenue and profits. But what what I do not like that it has been issuing a lot of warrants.

I would rather go for Instaco (at time moment I have no interest yet) . Just my 2 sen.

tsy88 - on Pasdec. I first spotted it about 2 weeks ago at 63 sen (normally before others do and when the engine is about/stating to move) and had made 2 rounds since. Granted I have sold too early but then I am contented with my small gains. If you were to ask me, I reckon that it is now in the selling mode as money seems to be flowing out. Probably there may be some corporate exercise for the price to shoot up but then at one point or another, there would bound to be a breather for profit taking. I reckon it may go up again once the selling subsides and the price stabilizes.

greatman - hopefully as what you predict. Htpadu was one of the counters I entered many years ago and at that time it was profitable and paid very high dividends. But in recent years its performance has been lackluster.

There are many other counters to consider. Why put you money and get it tied down in this counter. Probably you would have noticed that there are some counters which come into play for one or two days. Toyoink is a typical example (at least at this moment). Once you get in it could be hard to get out. Just my 2 sen.

matrixcool / Profitman - sorry for using your thread for such a long winded posting.