Steelheart

Steelheart | Joined since 2014-01-04

Investing Experience Advanced
Risk Profile High

A guitar lover at heart. Has a rocker attitude but loves country music too. Plays multiple instruments and could form a band myself if I could only split myself. Part time hobby of dabbling in stock market while busying myself with my neverending work.

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User Comments
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2014-03-05 18:21 | Report Abuse

wah insyaallah, 50k unit ka or RM50k=400,000 unit at Rm0.125...i like your confidence...

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2014-03-05 18:19 | Report Abuse

RM100=$$$$$$$$$$$$$$$$$$$$$$ LoL....can retire on private island d...hehehehe...

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2014-03-05 18:16 | Report Abuse

ask Tan Sri Liew of former SP Setia to become CEO la...haha...guarantee the price will go up...

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2014-03-05 17:59 | Report Abuse

Hobbits' prediction not correct la. Mana got Rm1.95. Then got this alex chan say tomorrow profit taking. LoL. Means tomorrow go down again. Everyone is their own man with own opinions.

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2014-03-05 16:10 | Report Abuse

Ok. Interesting rim rim. I go back home later I see on the charts. Now using mobile hard to see.

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2014-03-05 14:19 | Report Abuse

Rimrim how does flag sign point to 47 cents in particular. Can you explain the theory part? Lol.

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2014-03-05 14:15 | Report Abuse

Jackytheman, buy and hold la. Don't worry abt up and down unless you atre contra player.

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2014-03-05 13:39 | Report Abuse

Steelheart is actually the name of an old rock band, Noraini. Not sure how many people knows this trivia. Haha. Anyway imlegend, I would like to really trust sumatec full heartedly but basic investing rule. Never put all your eggs into one basket. Plus I not only trust sumatec also la. I also trust my other counters to do well also. Lol. But 25% of sumatec if really up also enough already to increase my portfolio. Have to weigh my own risk benefit. Can't be too greedy also.

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2014-03-05 13:32 | Report Abuse

Noraini, impressive 70%-80% figure. That's a huge trust on ur side on sumatec. I guess if I were more daring I could shot my shareholding up to 50% if I throw away some of my other counters. But I guess my risk appetite is not as great as others. Anyway how do u swing trade and buy extra shares and still keep your avg price at rm0.22? Doesn't trading at current price pull up your avg price eventually?

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2014-03-05 13:20 | Report Abuse

DickyMe4, what I said won't make any difference to the shares because like I said, prices are not controlled by investors. End of the day, doesn't matter if the company turned from red to black. Doesn't matter if the accounts have millions in positive balance inside because no media is reporting abt it. What matters is whether you found oil. And in this case management is not upholding their investor responsibility by updating us on results. And I do find that really disappointing, period. This is old field and it's onshore well. It's not some new unexplored deep sea underwater oil drilling. Results is always way faster.

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2014-03-05 12:44 | Report Abuse

Dragonslayer, I do believe in sumatec's potential And that's why it constitutes about 20%-25% of my total share holdings. What makes me uneasy is the realization that the prices would never be under our (investors) control. It doesn't really make a big difference even if all us players in this forum buys the shares. If the old mx or current management ( could be either one or both working together) doesn't want it to go up, it will never ever go up. And like I said, worse still if they want to kill us they can really do so too. And the delay in announcing the well findings doesn't make me happy also. I have close people who work as geologists in O&G field. Not engineers, but geologists who actually finds the oil. Industry people know that even news in media can be seriously misleading and far from the truth. And even statements from bosses themselves need to be taken with a pinch of salt. It has happened many times when what the boss says is different from field results. Anyway I can write whole day if I mention everything. Basically just want everyone to be cautious. No matter whether u believe 110% in sumatec.

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2014-03-05 12:27 | Report Abuse

I would rather iris go up slowly. If rise too fast later contra players and sharks would swarm the shares. Then at t+3 will plummet also. Why need such suspense? Better slowly and boringly.

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2014-03-05 12:21 | Report Abuse

Hearsay, all these are hidden agendas. If it is for positive reasons then good, but we cannot rule out malicious reasons also. The more the stock lingers at current range., the more I start thinking. Of course there are people who are always 110% positive on sumatec's prospects but as a logical investor it's only right that I think both ways. Disclaimer: I myself own sumatec shares too.

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2014-03-05 11:52 | Report Abuse

Everyone who owns sumatec shares must be careful. After holding sumatec for so long I think you all would have noticed that price movement is being tightly controlled. Either by the selling off by old management or even by sumatec management themselves. It's pathetic but we r at their mercy. You all would realise that if they don't want the share price to go up, it would never go up. And worse, if they want it to go down, it would surely go down aka if they want you to die, you will surely die no matter what. So be careful at all times.

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2014-03-04 19:56 | Report Abuse

I only have mother shares. Hmm, got time need to have a look at the warrants too. Hehe.

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2014-03-04 19:52 | Report Abuse

Hehe, sometimes i wonder also. The volume few millions everyday. Want to say no attention pun not correct also. Obviously somebody constraining the prices.

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2014-03-04 19:49 | Report Abuse

kk123 only comes out when prices come down, he wont dare to come out now. That time when price went down he also kena bomb kao kao d. What more now when price increase. This kind of people how to have any respect for him? How to trust his statements? Down time appear, but up time disappear. A well learned person should be able to give advise even during up and down times.

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2014-03-04 19:17 | Report Abuse

pilindo, thank you very much la if you can do that. Hahahaha.

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2014-03-04 19:16 | Report Abuse

LoL. If 5 cents drop i wont buy. Drop 15 cents then i buy.

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2014-03-04 19:14 | Report Abuse

So far Malaysia property never really have a drop unlike other countries. Even singapore property prices drop sometimes, Malaysia one keep on appreciating only. Haha...starting to be damn ridiculous edi the prices nowadays.

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2014-03-04 19:13 | Report Abuse

Optimus1, then how many percent of your investment is in stock market then? What else you invest in? Interested to know other investor's experience.

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2014-03-04 19:10 | Report Abuse

Alex Chan, if drop then I'll buy some more. LoL.

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2014-03-04 19:08 | Report Abuse

LoL. Then better ask hobbits give estimate TP for all my counters...Hahahaha. Maybe can get FOC opinion.

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2014-03-04 19:07 | Report Abuse

dreamhunter, you are really betting all on Sumatec eh? From your talk it seems that way.

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2014-03-04 19:05 | Report Abuse

LoL. Pilindo, is that a fact or you're guessing?

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2014-03-04 18:57 | Report Abuse

Agree that Rm1.60 is a tough nut to crack. I'm sure a lot of people would be waiting to sell at Rm1.60 because they r scared that it will drop again like yo yo.

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2014-03-04 18:54 | Report Abuse

novice8, share market if go up is a good thing. No prob. If everyday sea of red like yest then can get pretty depressing and boring. When markets are bullish then perhaps can just keep your money wait for next drop/correction to buy back. From my experience, there would always be a down time for the market. So dont need to so eagerly go chase after moving train.

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2014-03-04 18:51 | Report Abuse

Hobbits you predicted Rm1.90 for today isit? You predict tomorrow price also la. I see how good you are. Hehehe.

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2014-03-04 18:48 | Report Abuse

Icon8888, like that the two clients got include you or not. Lol. Optimus1, if its reli as bad as you said, then buy property even better investment la? Hehe. Even keep in FD with interest worse than inflation rate also better lo.

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2014-03-04 18:41 | Report Abuse

wah optimus1, really only 2% people make money in stock market? I only heard abt the 10% making money before but 2% sounds like you r exaggerating the thing la. Lol

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2014-03-04 17:58 | Report Abuse

Alex Leow, if Inari pick up to near Rm2...ppl will start selling....that one big resistance...anyway hoping for transfer news soon...or give bonus shares...lol...

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2014-03-04 17:56 | Report Abuse

CEO2333, you sure put a lot of money in daya...150K, 200K? Well, if you can tahan holding for unspecified time, Im sure it can go back to Rm0.42-43....impossible will stay low forever...

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2014-03-04 17:51 | Report Abuse

happy that iris jumped in price but got a rather mixed feeling after a week of down time...just have to be more aware of sharks movement at all times...

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2014-03-04 15:45 | Report Abuse

Putin also own sumatec shares. He scare you all a bit so he can buy cheap shares. Lol.

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2014-03-04 15:44 | Report Abuse

Good news for inari. Luckily bought some to top up yest when everybody was selling. Hehehe.

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2014-03-04 12:44 | Report Abuse

We must always remember that if got people panic selling that means got person on the other side buying from you too. If you think it's bad then he must be thinking the opposite right? That's why he bought from you. Therefore in any situation there is always two ways to look at it.

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2014-03-04 11:06 | Report Abuse

Black swan got Natalie Portman, story abt ballet dancers right? Hehe.

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2014-03-04 10:42 | Report Abuse

Not bad. Expected bursa to be red today since djia was in the red yest. However looking at the sea of green really makes me happy. Hopefully iris can be bullish for this week. Anyway where is kk123 and the gang today?

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2014-03-03 21:47 | Report Abuse

Limayseng, this company dont dig for oil ba. This is service provider. Provide shipping, etc for the o&g producers. This loss according to reports is due to cost overrun on their projects. Supposed to be one off thing. Unless of coz happens again. Anyway newbirds sorry to hear abt your loss. Losses in stock market is inevitable. Happens to everyone.

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2014-03-03 19:35 | Report Abuse

haha, samsoong, i got some extra money in my trust acc but not sure if wanna accummulate more asiapac or not. See how it goes tomoro la. If dirt cheap then probably will be seduced to buy. RM0.20 also quite acceptable actually.

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2014-03-03 19:32 | Report Abuse

fengsongshuo, no worries, be confident. Instacom will give us a surprise one of these days after all this bearish sentiment fades off. I believe that once it shoots up, it'll impress even instacom shareholders themselves.

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2014-03-03 19:28 | Report Abuse

Pilindo, my principle is never to hold low volume counters. So small volume if kena goreng then die. If price stagnant forever also die. But not bad la, pretty impressive dividends i must say.

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2014-03-03 19:25 | Report Abuse

Like I said, its just some Cold War-like mind games played by US and Russia. Doesnt help that Russia is protecting Yanukovych. Russia really likes to kacau kacau.

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2014-03-03 19:20 | Report Abuse

Novice8, red time is a really exciting time if you have the money la. Like a lady going to a mega sales carnival. Can buy bargain price stocks. But if no money then quite boring lo.

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2014-03-03 19:17 | Report Abuse

Samsoong you bought your extra 200K unit at RM0.205 ka? Lol.

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2014-03-03 19:16 | Report Abuse

Davors your TP ridiculous la. Dont simply type just because you have a keyboard la.

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2014-03-03 19:10 | Report Abuse

Tommylim, maybe you can add another 500K into Asiapac if price drops. LoL.

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2014-03-03 19:09 | Report Abuse

LoL. Damn annoying. World economy is like that. I couldnt even be bothered abt US-Russia mindgame over Ukraine. Each wanna show that their balls are bigger. But sien also la, what's Ukraine got to do with all this shyt. Unfortunately, thats how the world turns round. Have to accept this fact whether we like it or not. Asiapac, cepat la naik. I'm waiting for you.

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2014-03-03 19:03 | Report Abuse

Lol...perstim. That counter so low volume. Malas la later get trapped wanna run also cannot. Recommend some more good stuff la Pilindo, I dont mind listening. Hahaha..

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2014-03-03 18:50 | Report Abuse

Added some Inari today at 1.83. Will fall some more ka tomoro? Ah well, if drop another 5 cents i'll add some more la. This bearish market sentiment has been going on for way too long. Bila la wanna end? Lol. All companies with good financial results also got muted, prices barely increase.