CT, luckily you came out from Hibiscus ! I think you know who you should listen to next time like TM932 who has never failed us !

tansoobeng, are you Hafiz ?

davidkkw, I feel you are making contradictory statement. At first you seem to want to cabut from this counter, meaning you do not believe kcchong, and now you are asking for his opinion of Kian Joo

CT, luckily you came out from Hibiscus ! I think you know who you should listen to next time like TM932 who has never failed us !

Wise words from TM932 !

CT< congrats on your GHL. Good for you !

My thanks to house and kcchong too !

TM932, probably you are right on Infotech ! Anyway it's history for me. Made some money for drinks and mahjong !

CT. thanks for the info. Understand. a lot of counters just one day play !

sd99, in the market you can "hope" the price can go higher. There must be a reason. And what makes you predict the TP at 1.00. What's the basis ? Just a friendly comment - no offence meant !

Yes, TM932 is indeed a great guy who is willing to share his thoughts and expertise to us !

CT< congrats on MMode. If you have the time look at Rexit and Euro

CT / TM932, care to look at Rexit and Euro !

TM32, I also cleared at 94.5 after I bought this morning. Ok la as long as made some money for drinks, and got some capital for mahjong. What is your is yours ! Cheers !

haha, enjoying the chat between fatinvest and bsnpng !

jenny, if you were to see my postings I do not use FA or TA but my own observations (from years of experience) and of course also hearing from what the good people say (kcchongnz, trustme932, city trader, bsnpng, sjcm3, kcloh, ooi teik bee, sense maker etc). I reckon you can learn a lot if you read their postings. all the best !

Hot T good for you !

Hi guys, when CT and TM932 are talking about the next wave, no one bothers to pay attention and now the price has gone up, everybody is asking questions. You all should have taken positions at around the 90 sen level. This is not the way to play the market. Just a friendly advice.

CT, spot on. as long as there is a profit be contented.

fatinvest, in life we have to pay to become wiser and more knowledgeable in the stock market. My sincere advice is the newbies in i3 is not to get too much involved in the market but concentrate on their jobs for career advancement. I am worried they simply follow those who just shout buy buy buy, sell sell sell, target price is so much so much, going to fly, sell before it crashes, directors selling, the company is getting big contracts etc. They should go through the postings and see who are people with the genuine stuff !

kcchongnz, sorry for the late response to your positing below. Here you go:-

a) Perhaps I may be wrong but not entirely, there may be other knowledgeable in i3 here but so far I have not seen them giving such great details as you on a company like intrinsic value, margin of safety, value assets, cash flow etc. So to me personally, I still rate you as number one.
b) as for saying that I am unlocky for following the wrong stocks, it's not true either.
c) Yes I did go into K Fima but I know very well that it is not supposed to be a fun trade but for long term growth. Don't worry I can keep it as long as I want. I do not need the money - just treat as a FD.
d) if you were to see my posting I did enter Fibon and upon checking through just now I played the counter in 6 batches as follows :- Buy / Sell 34.0 / 36.5 (20 lots) , 35.5 / 40.0 (10 lots) , 39.5 / 42.0 (10 lots) 43.0 / 43.5 (10 lots) , 41.5 / 43.0 (10 lots) and 41.0 / 47.0 (10 lots) . (today it shot past 50 sen).
e) the first transaction was on Sept 10 and the the last sale was yesterday. My total profits came to 1,826.
f) Assuming the investment is say, an average RM 6,000 holding at any one time, It means I have made slightly more than 30% in 41 days - what more can I ask for ? Thanks to you.
g) as for Homeritz I just went in 10 lots at 44 sen. Depending on the circumstances and the market situation, it can be a fun trade or perhaps a long term investment as the company is solid. No concern at all for this stock.






Posted by kcchongnz > Oct 22, 2013 06:01 AM | Report Abuse

inwest88, I think you are wrong here. There are some very knowledgeable people here in i3. It is just that they have better things to do and they do not write many posts here. I know because I have read some of their blogs, and their postings here.

You are also a bit unlucky following my stock picks. You bought the two which are lagging, Kfima and Homeritz. All others have gone up a lot; Pintaras, Datasonic, Fibon and even Daiman, MFCB if take into considerations of the dividends, have gone up considerably. In this two months, my new portfolio has risen by 14.3%, out-performed the KLSE by 12.8%. Talk about LS.

Sorry bsnpng for bringing up Transmile ! And talking about pan electric, my friend is also having 2 share certificates but not sure whether he framed it up.

And bsnpng, my heaviest loss was in Uniphone (about 20K plus) and at that time my salary was about RM 1,600. Just imagine how painful !

fatinvest, you are right ! I am quoting the phrase 不知者不罪 !

Glad that you have the experience in seeing how others fell from riches to poverty and it's all because of greed, if I may say. During the super bull in 1993, it's so easy to make money that everyone jumped into the bandwagon. Accountants, Engineers, General Managers gave up their jobs to become remisiers. I have a colleague (Senior Manager) who did the same and his commission could sometimes be 10K a day. But again no one is satisfied with what he has and he soon became a player when he saw his clients made so much each day. He did enjoyed the profits and together with this commission, he was able to get more than 100K a month. As usual his lifestyle changed - big meals, big spending, new car etc. But good times can never last. When the crash came, he lost everything back and more. If only he had focused on his job as a remisier and maybe played samall, I reckon he would be very comfortable and probably can go for early retirement.

KCLoh, as you know I am a small player and thus do not bother about what corporations do but then I have seen numerous companies just go bust and disappeared from Bursa like Transmille, Cold Storage, Megan etc

Haha. I have already declared that I am a small trader and very contented with some gains for drinks with my ex-school mates of 40 over years (all same year in Form 6). I have learnt not to regret after selling as long as profits are realized. In the earlier days I have experienced several times that after I sold off a stock, the price went limit up the next day. No point to fret over it. As the Chinese says, what is yours is yours !

Thanks CT, TM932, hiddengem, Hot.T and whitz - hope you all make more, looks like the uptrend is very powerful.

Hi Guys. Just sold my TAS at 94.5 sen which I keyed in earlier and profited close to 400 bucks. So enough for today from Infotech and TAS. Thanks to CT / Trustme932 and hidden gem. Hope you guys make more.

By the way, is TAS making its move now ?

Thanks TM932, for the advice.

Hot.T, for Infortech I reckon City Trader or Trustme932, may be able to rpovide a better opinion. I am also considering but with some reservations as it dropped back so fast !

Hot.T - haha! If there is no jam in KL, it is not KL. Hope you are recovering well !

I wish all of you luck should you invest in Infotech. But if it does down to 28 or 27.5 I may go in one more round.

CT / TM932 / hiddengem, to show my support for you guys, I just entered TAS at 90 sen (10 lots only) . Let;s ride together !

Thanks CT, you are right Luck+Experience+Skill+Guts but honestly i do have the guts to be aggressive. I am a rather small and conservative player.

CT, not so easy as you think la ! Not everyday so lucky. To be honest if I can make 500 every week (after gains minus losses), that is more than enough for me. As I said, one can never get rich from the market. For those who are still young and working, concentrate on your job for further career advancement. Don't get addicted in stocks. For us retirees we just look some for coffee and beer money. To me the market is a past time for me to lepak like what kcchongnz says.

hidden gem. Not one carton la. 15 lots about 500 ringgit only. Can have a good dinner with drinks.

CT. sorry didn't see the Infotech counter. Anyway there are others for you to make. As I said I do not know FA but sometimes pick stocks after I have observed their movements (acquired through years of experience). In fact I also notice Hexza last Friday but did not have too much confidence.

City Trader, whilst waiting for your feedback on Infotech, I went in this morning at 27 sen (15 lots only) and already exited at 30.5 sen.

whkwoon has got a valid point !

bsnpng, no worries. Appreciate your kind attentions, thus no need to apologize or feel bad about it. I do not know how to type in Chinese it's " but chi jeh but jui " meaning no offence made for those who did it in good faith. LOL.

Thanks KC Loh, I reckon you, being a retiree, have also seen all this.

CT, that's why I know who is talking sense and who is talking nonsense. I have seen all in the stock market. I see some who became millionaires within a few weeks during the Super Bull in 1993 but lost almost everything (even their initial capital) within months after it crashed.
These people are having sharks fins and abalone for lunch dinner ( I was lucky to be invited) almost every other day when they made big money - sometimes 100K in a day.

As I said, I am not aiming to get rich from the market. So long as I make some additional money for drinks and dinner, I am contented.

CT, just stick to you method - do not be affected by others ! Directors selling shares have their own reasons. If they have sold a few days later, they would have gotten at least 10% more ! If you have hesitated today, you would have lost the opportunity of making some gains. All the best, my friend.

bsnpng, no worries. I truly understand your kind intentions. If you were to read my postings, you will notice that
a) I have been in the market for 30 over years and played over 600 counters (probably 700 + if including those in the earlier years which I have no records)and still on the plus side (excluding dividends).
b) I have seen all in the stock market, survived a few crashes, experienced the Super Bull in 1993 where everyday there were a a few counters going limit up.
c) In the earlier years my losses were more than gains but as time passed by I became wiser
d) I like to do fun trades (for trading and speculating) due to the "gambling" instinct in me. In fact I am rather conservative and thus have control in what I do.
e) For these fun trades, my transacted value is small and not more than 10K in one counter (mostly less than RM 1 counters)
f) On the other hand I do keep some counters for long term like Sime Darby, Riverview, Paramount, M Flour, Pavillion Reit, Mudajaya, and the recently added K Fima and J Tiasa
g)Even on fun trades I entered those with some fundamentals like Fibon, MMode, Homeritz, Instaco etc (around 10 to 20 lots)
h)I do not aim to make myself rich from these fun trades and would be more than contented to make some money for whisky and beer and better still a sumptuous dinner
i)) I don't know TA and whilst I am able to understand basic financial ratios, most of the time I rely on my own judgement (from years of experience) to assess a stock and will only if I think I stand a 80% probability chance of making. That's why I do not bother to those who just shout buy buy, sell sell, going to fly, will limit up, will touch how much tomorrow etc. I will always bear in mind to limit mt losses, if any, according to my affordability.
j) Of course these so called fun trades can only be done during a bull market and when there the bear comes I will be very cautious
k) As I mentioned, i respect and admire kcchongna's views but have so far entered K Fima though I did trade in Fibon and Homeritz (today)
l) in the event of a major correction, i will surely make some investments on those stock picks by kcchongnz who have provided me knowledge on intrinsic values and margin of safety etc

All said, It is absolutely true that Bursa is the source for one to get rich. For very success story they may be nine failures.

Once again, I thank you for your concern and am indeed happy for you to make huge capital gains (plus dividends) from LPI, Zhulian etc.

kcchongnz, as I mentioned earlier, there's no one in this forum who can match your detailed analysis in assessing a company and when you invite others to discuss further, all back out even some proclaim themselves as experts and lecturers. I was eyeing Homeritz last Friday when running through the day's closing and recall that is one of your stock picks. That gives me the confidence to make a small investment this morning at 44 sen.

hiddengem / CT, the dividend is yet another catalytic factor for the share price is go up. Based on the closing price of 31 sen yesterday, it is equivalent to about 4% (higher than FD rate). And CT, do not be affected by directors selling off shares. This is a typical example !

Haha CT, I think you ought me buy me a drink when you clear your Hovid (of course with profits). I hope yoour other counters like Pantech, Cuscapi, TAS and GHL will also rise soon.

CT, perhaps you may want to have a look at Infotech !

lching, for your information Rich's returns stands at 47%

CT, you still holding Fibon !

Do you notice that most, if not all people will tell their success stories in the share market but very rarely you see them talk about their losses. This is human nature !