If u depend on PE and PS ratio to help you Kakakaka.....the business of crawlers and crane is tough one.....ask on Scomi Marine ( now scomi energy) miss one and u will cry....errr sounds like someone I know
U raise the subject when challenge you hide.....common....how RHB pick Favco at 3.50 avg......re rating......to what? How many cranes you have to move around......hmmmm just like the stock u pick.....
KW Tan, I hope you consider my suggestion on how to run this stock pick challenge on a standardized, level and transparent playing field. As I mentioned the picks should be based on the closing price yesterday and must be submitted before the opening on Monday. Each person shall be allocated 100K to select between 3 to 7 stocks. The full 100k must be utilized. What is the point of saying I want to take part in the challenge but will not pick any stock now until there is a sharp drop (like last Wed, say in early December. Then I will put all my 100K in one good stock and the chances are that it will outperform the rest. Thus to have a real and fair contest, everything must be equal, selections at the same time, same amount of funds utilized, fix a closing date to work out the results etc. The participant can use the 100k to selct a few stocks with different weightages, say 30 K for Hap Seng, 30K for JTiasa, 20K for LBS, 10K for Cuscapi and 10K for Instance. Ay the end of the day take the total gains as a percentage of 100K and determine the winner. I am sure the participants will agree on this proposal.
KW Tan, just to elaborate what I mean. Take Hafiz (no offence meant, Hafiz) for example. He is taking part in the challenge with 100K but will not select his picks if there is no sharp in prices from now till 31st Dec. That means he has not taken part at all since there is no comparison of performance between him and the others. For a real competition to take place, standardized rules must be pre-set and equally applies to all. One cannot come when the race has started.
Inwest88, read the exchanges yesterday before he came out with Favco vs my Tropicana. Read all excuses and name calling like idiot and etc) He is trying to indemnify himself here if monday his stock doesnt move. The challenge will go ahead whether he make excuses or not. Hhahahaha
He is so acfive telling everyone Monday will move up momentarily and then drop.....he is worried his 2.88 pick.....kakakakaka..... His pick has avg TP at 3.50 and cangkul was laughing at Tropicana having 2.13. But he forgot the 30% required his pick to achieve 3.74 but similarly Tropicana need 2.13 on the dot.......kakakakaka....now very quiet because his pick is base on TP and institutional investor........now ask him PB for Favco....1 day already still cannot find......hooo booooooo
To be fair here, it cannot be a running number and must be peg down. Anyway I have already confirm his number and mine. He is trying to evade the real question and challenge ie stock pick. He is trying to change this into a trade challenge. .....stock pick mean knowing ur FA and Bharacteristic of ur stock........I rest my case
One more thing KW tan, in fully using up the 100K at the same starting point for all, it will also do away with the unnecessary of updating the information when the participants come in at different times to make new purchases. If my proposal is accepted, I would probably be interested to join the challenge although I feel that my picks may not fare well.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4415 views | 4 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Saturn
2,148 posts
Posted by Saturn > 2013-08-30 21:01 | Report Abuse
Or really looking at 25 cents to top up?