Posted by CFattLoong > 2013-08-31 11:15 | Report Abuse

Tan KW,

To make things more interesting and exciting, let's have sides bets with 2 camps - Hafiz and Saturn.

My 100K bet is on Saturn to win. If I am right I will win double.

How about it?

Posted by potenza10 > 2013-08-31 11:18 | Report Abuse

Count me in...scomi 50000x0.36, brahims 20000x1.20, thheavy-wa 50000x0.41, sona 20000x0.40, malton 35000x0.785

Posted by inwest88 > 2013-08-31 11:20 | Report Abuse

CFattLoong, perhaps you may want to show your skills by taking part in the challenge rather than betting on who wins !

Posted by Funtrade > 2013-08-31 11:21 | Report Abuse

Agree with Inwest88

Posted by inwest88 > 2013-08-31 11:28 | Report Abuse

Thanks for your support Funtrade

Posted by potenza10 > 2013-08-31 11:41 | Report Abuse

Not agree....this is not one time buy and see who will win end of this dec...one can buy and sell in any time..is it correct TKW?

Posted by CFattLoong > 2013-08-31 11:41 | Report Abuse

My bet:-

RM40K on Tenaga
RM25K on TM
RM25K on Digi
RM10K on Maxis

Posted by inwest88 > 2013-08-31 11:51 | Report Abuse

Potenza 10, just imagine, if there are 20 participants and one keeps buying and selling from now till 31st December, KW Tan will be spending a lot of time updating the status.

Posted by inwest88 > 2013-08-31 11:53 | Report Abuse

Bravo CFattLoong, 100K used at one go. Short and simple. That's the way to go about it.

Posted by potenza10 > 2013-08-31 12:23 | Report Abuse

that is why KC asked if he can cope for all i3 members who join in....its up to TKW...maybe he want to set the limit of participants.

Posted by inwest88 > 2013-08-31 12:28 | Report Abuse

I still feel that everyone should start on equal footing where standard rules are being set. Anyway i Have said my piece. It:s up to KW Tan to decide since he is the initiator of the competition.

Posted by Ooi Teik Bee > 2013-08-31 13:16 |

Post removed.Why?

Posted by imoogi99 > 2013-08-31 13:26 | Report Abuse

Count me in:

Puncak-WB=7800 shares
Perdana=5600 shares
Perdana-WA=18000 shares
WCT-WC=30000 shares
Cliq=20000 shares

Base on list plus me will be 11 people. TK may set that reach certain number and it will stop. 2 sen opinion.

Thanks.

Posted by inwest88 > 2013-08-31 13:27 | Report Abuse

Otb' suggestion is almost similar to mine, except for the timing of purchase. I feel that the 100K should be invested before opening on Monday as this would mean everyone starts at the same time. Otherwise one would just wait and wait for the market to sharply correct (surely will happen one day)and then only go in. Thus if all start at the same time (that is based on yesterday's closing price) they have to select the stocks carefully that even if it corrects, it will bounce back soon.

Posted by inwest88 > 2013-08-31 13:44 | Report Abuse

And by the way, since you already have the 3 stocks in mind (FAVCO, SKPETSKPETRO and GTRONIC) why don't you allocate 100K into these counters and officially submit to KW Tan.

Posted by inwest88 > 2013-08-31 13:44 | Report Abuse

The above message meant for Hafiz. Sorry.

Posted by inwest88 > 2013-08-31 13:53 | Report Abuse

That's the spirit Hafiz. At least Saturn cant disturb you any more. May the best person win. Nevertheless winning or losing is a small matter. This is only friendly competition and not really putting 100K cash into these counters.

Posted by inwest88 > 2013-08-31 14:00 | Report Abuse

Mr KW Tan, based on Hafiz's input can include him in the challenge as follows:-

11,200 at 2.88 for Favco
9,500 at 3.59 for SKPetro
12,700 at 2.63 for GTronic

The above adds up to close to 100K.

Hafiz, is this alright. Please amend if you think otherwise.

Posted by inwest88 > 2013-08-31 14:01 | Report Abuse

Saturn, now that Hafiz has done his part, perhaps you would like to do the same with your 100K allocation.

Posted by inwest88 > 2013-08-31 14:08 | Report Abuse

Small issue. Let's await Saturn;s input since he's been harping on you to come out with your picks. (No offence, Saturn, I just want to be fair to both parties)>

Posted by inwest88 > 2013-08-31 14:09 | Report Abuse

By the time KW Tan returns there will be a big increase in particiapnts and if he agrees with my proposed rules, I will join the challenge.

Posted by inwest88 > 2013-08-31 14:17 | Report Abuse

From what I see so far, the additional people are CFttLoong, potenza10, imoogi99 and Hafiz. OTB also said he will join.

Posted by inwest88 > 2013-08-31 14:39 | Report Abuse

KW Tan, to justify my proposal for no trading within the period, let us take imagine the following scenario. People can then buy and sell hundreds of times from now till the end of the year. Some may even do intra day trading on counters like Luster, Sumatec etc. So instead of having a competition based on investment skills, gambling and speculative skills come into the picture. Is this what you want? Do you have the time to update the status every hour, every day? Hence please seriously consider my proposed rules in ensuring everyone starts on the same and equal footing -
(1) select stocks based on Friday's closing price.
(2) use up the full 100K allocation
(3) submit selections latest before market opens on Monday morning

Posted by Saturn > 2013-08-31 15:42 | Report Abuse

Inwest we are not playing trading game we are looking at stock pick.......the difference here is in the trading, buy and sell is continuous as oppose to a single or three stock pick where the stocks will go through global issues and FA and characteristic behavior to come out top.

The way I play it is no intervention after the stock pick and only umpire will confirm result. If hafiz is confident, why play trading?

Posted by inwest88 > 2013-08-31 15:45 | Report Abuse

If you were to see my postings I suggest to KW Tan no trading. Pick the stocks and keep till 31st December to determine the winner. Hafiz has already allocated his 100K for 3 stocks. Now it's your turn.

Posted by Saturn > 2013-08-31 15:51 | Report Abuse

Inwest , I will agree if there is no trading of stock and the amount ( against the stock is static) is base on the closing on 31 Dec 2013 5 pm to tabulate total or first to 30%.....we can put the amount against the stock but total will be projected only at either of the condition......fair right I am also taking into consideration of his proposal..........

Don't get mislead as stock pick and trading are 2 different challenge here......we are still saying stock pick to weather the global issues and financial results to trump the price base on market and PnL target......

Hafiz proposal is right in putting weightage only to balance the priotrity of the pick.

Posted by Saturn > 2013-08-31 15:52 | Report Abuse

Ask Hafiz, condition 1 to 6 agree or not ?? I will put in last choice once agree....

Posted by inwest88 > 2013-08-31 15:52 | Report Abuse

That's the reason I am strongly against trading (see my posting) as it would lead to speculation.

Posted by inwest88 > 2013-08-31 15:57 | Report Abuse

I think we should let the stocks run until 31st December and not based on who gains 30% first. What say you !

Posted by Saturn > 2013-08-31 16:02 | Report Abuse

Inwest, reason for first to 30% is to prove the stock pick itself. On a normal stock pick, you would sell at 30% wouldn't u? Whereas the end of the year if it does not hit 30% would mean the result sentiment and achievement after the last financial result is shared in Nov or Dec. I believe most would have been shared on November for July to Sep result. .....btw if the pick is so strong as to hit 30% why not....it shows capability to pick stock on potential.....

Posted by Saturn > 2013-08-31 16:05 | Report Abuse

My message is consistent......some pick stocks base on FA, some on TA, some on sentiment, some on characteristics, some on speculation......or some on a mix. If Hafiz know why he is picking his stock to make money, then that his ability similarly hitting 30%

Posted by Saturn > 2013-08-31 16:13 | Report Abuse

I will give u another example.......assuming Mr OTB pick stock X at ref price rm1 and base on his charts is able to do a 50% hike ie to RM.1.50. Should I fault him if he does rm 1.40? Answer is no right.....to mitigate that I propose a 30% as its not easy to achieve and same time it gives leverage to choice os stocks to choose

Posted by CFattLoong > 2013-08-31 16:30 | Report Abuse

Tan KW,

Seems the rules keep changing after the stocks have been picked.

To make this more interesting, no member is allowed to bash, insult or call names to the other challengers. First one to do that will be disqualified from the game and will be kicked out of the forum. Agree?

BTW inwest88 ... the name is CFattLoong not CFttLoong.

The Fatt must be there otherwise how to Fatt (Prosper)?

LOL

Posted by Saturn > 2013-08-31 16:40 | Report Abuse

Lol.....and below is cangkul......aka hafiz....

_
I I
I. I
I. I
I. I
I. I
I. I
/. /
----

Posted by Saturn > 2013-08-31 16:41 | Report Abuse

Oh I forgot....must have ...?
For those who have seen what the cangkulman looks like pls correct my picture.....

Posted by chang0509 > 2013-08-31 17:31 | Report Abuse

I would like to purchase

-MBSB x 10,000 units
-TMCLIFE-WA x 50,000 units

31/8/2013

Posted by Saturn > 2013-08-31 17:32 | Report Abuse

I would disagree without the 30% .....if want to reduce, I can agree but outside that its not a real scenario if I can pick a supper stock. We know to go 50% is a buy stock and not trading stock. .....what we are intending to show is the strategy of stock picking over 4 mths . This is a trading buy type scenario.
Take for example if a a stock performs very well all the way till Dec 20 amt more than 30% and drops to 10% above buying price, the pick cannot be defaulted....if u say 10% then I agree nothing special and can be archive very often but 30 or 25% I see it fair to close the game early!

Posted by Saturn > 2013-08-31 17:43 | Report Abuse

Tan KW, as I already said, trading really does not pit skills to pick here with the many example I have shared.
Another being the time we spent.....assuming if u allow trading, we have to constantly be playing instead of letting the stocks work. So then if playing trading why need FA. That's a traders game buy and sell and not a stock pick per say. If OTB is confident in his pick but not confident his pick can weather the storm of crisis, you cannot fault others for picking a stock that can right?

Posted by Saturn > 2013-08-31 17:49 | Report Abuse

We have already seen, OTB stocks is base on charts, without characteristic. Of the company......Liihen is a good example. I have already mention 3 furniture companies which got into trouble with Bursa.

I am not criticizing his pick but I see the stock behavior and Managment as equally important.....

Posted by inwest88 > 2013-08-31 17:51 | Report Abuse

KW Tan, I already voiced my piece and I leave it to you to make a final decision on the rules even there may be trading but just take note of my concern and also that
1) surely that from now till year end there will be some correction along the way. The market cannot be going upwards all the way
2) since trading is allowed curing this period, that means someone can just use his 100K to whack one counter in the morning, sell in the evening and continue to do do during this 4-month period. Which
also means that he can go in and out 50 times or more by year end.
3) IT will invite speculation skills more than investment skills.
4) I reckon you will run into a lot of problems, disputes, protests and arguments along the way since the rules are not 100% fool proof but allow loopholes.

Having said that, appreciate your time and effort in coordinating the challenge. Wishing you all the best.

Posted by inwest88 > 2013-08-31 17:51 | Report Abuse

KW Tan, I already voiced my piece and I leave it to you to make a final decision on the rules even there may be trading but just take note of my concern and also that
1) surely that from now till year end there will be some correction along the way. The market cannot be going upwards all the way
2) since trading is allowed curing this period, that means someone can just use his 100K to whack one counter in the morning, sell in the evening and continue to do do during this 4-month period. Which
also means that he can go in and out 50 times or more by year end.
3) IT will invite speculation skills more than investment skills.
4) I reckon you will run into a lot of problems, disputes, protests and arguments along the way since the rules are not 100% fool proof but allow loopholes.

Having said that, appreciate your time and effort in coordinating the challenge. Wishing you all the best.

Posted by Stockwatch > 2013-08-31 17:52 | Report Abuse

Tan KW..........what you are proposing means a lot of work for yourself in updating the records as it is a trading environment.It also means you have little time for yourself in terms of personal investing.
Invest88 proposes a static environment...make your decisions now and stay the course and wait for the results end December.
I think the issue here is timing to buy the stocks between September and December.Also if you have a stock that makes 30%...why stop at 30%?It could go higher....because this stock's super performance will compensate for the poorer performance of the others, say the other 3 stocks and pull his average up.Think of Aokam Perdana in its glory days.
Also the stock picker may want to exit if he finds the stock trading at high PERs and chose to close out his position to get a good performance as the stock can crash under its own weight once the Unusual Market Query is issued :).
Then, and only then , the person who makes the right timing to buy and sell the stocks during this period is certainly a person who knows to read the market well.
So the issue here do you put 100% weightage and start making the stock selection on 2nd September? Or a person could sit out the whole 3 months and come only in December and with luck...really luck..may end up the champion.
Just my observations and this site here is getting more healthy and objective contributions.

Posted by inwest88 > 2013-08-31 17:53 | Report Abuse

Saturn, you got a point on who arrives at 30% first but KW;s contest, jut follow the rules. However you can have a separate challenge between Hafiz and you using this criteria.

Posted by inwest88 > 2013-08-31 17:53 | Report Abuse

CFattLoong, my apologies for the typo error in your name.

Posted by inwest88 > 2013-08-31 17:56 | Report Abuse

Stockwatch, so glad that you know and understand what I have been saying the whole day.

Posted by Saturn > 2013-08-31 17:56 | Report Abuse

Tan KW, then u are playing to 1 section of the game which is traders game, not the mid buyer.
A stock pick is exactly what it is suppose to be, picking a stock that can perform above avg ( using the 30%) or continuous performance ( using end date 31/12 as deadline)

If you add trading to the equation, you are saying forget stock pick and use trade pick. If so then FA and even play ( where analysis of income or project for the company) can be thrown out. It doesn't mean anything any ore. Wonder why OTB change the 30% agreed earlier....?

Posted by kcchongnz > 2013-08-31 17:59 | Report Abuse

Posted by Tan KW > Aug 31, 2013 05:32 PM | Report Abuse
@kcchongnz, thanks for the follow up. I have updated the blog content http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/34109.jsp

by the way, i would like to invite you to join the game http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/36046.jsp as I would like to learn from you...

Tan KW, a great game to play. To find the winner in four months time? Those technicians and people who have good insider information would have an advantage. The winner can be anybody. In a bull market, my guess is the winner will be one who picks high leverage instrument such as warrants, the higher the leverage the better, and high beta stocks, or one who have more reliable rumours.

You guys enjoy the fun. I will be a spectator. I will look at those stocks recommended, analyze some of them and then may be I will pick them as some in my new portfolio. If you really want to learn from me, you may do so better there.

Posted by Saturn > 2013-08-31 18:00 | Report Abuse

Stock watch, 30% is the minimum.....you cannot set too high because the challenge is up to Dec 31 only. As I mention normally 50% is base on Buy call by investment house which means 12 mths and above whereas trading buy is more closer with 3 mths and above.

Here we are talking strategy to play the 4 mths game.......those I have for mid term does not fit in here also.

Posted by Saturn > 2013-08-31 18:02 | Report Abuse

Tan KW, you want the winner to be base on speculative or you want a winner with the right pick to prove a point? We have 4 mths in this game we should play it as is.

Posted by kcchongnz > 2013-08-31 18:03 | Report Abuse

A game like that with so many participants has to keep it simple. Otherwise there will be a lot of of arguments, not only now, also later.