Posted by donfollowblindly > Mar 8, 2016 10:43 PM | Report Abuse Not only Coastal drop 50%. BIMB-W, MRCB-W also drop a lot.
You know this guy is so stupid. People teach him what is financial risk management using warrants as example, he followed blindly without understand the articles, and simply bought loads of MRCB and BIMB warrants and lost until pok kai.
He was so lucky that he had never bought tens of stocks I wrote about which went up sky high, but just bought the only stocks (one of the very few stocks) which I wrote about until also pok kai.
That is why you must change you name and don't follow blindly.
You never say bad things about your stocks which is not true.
kcchongnz Posted by donfollowblindly > Mar 8, 2016 10:43 PM | Report Abuse Not only Coastal drop 50%. BIMB-W, MRCB-W also drop a lot.
You know this guy is so stupid. People teach him what is financial risk management using warrants as example, he followed blindly without understand the articles, and simply bought loads of MRCB and BIMB warrants and lost until pok kai.
He was so lucky that he had never bought tens of stocks I wrote about which went up sky high, but just bought the only stocks (one of the very few stocks) which I wrote about until also pok kai.
That is why you must change you name and don't follow blindly.
KC, what your stock performance for 2016? U not even dare to compete for the i3 stock pick competition. Even though OTB portfolio is doing weak now, at least he dare to take part and dare to admit mistake. OTB i believe will be stronger and wiser now.
he seems to FOLLOWED all the writers on ONLY the Down Stocks - boy talk about Extremely Suwei :( must go to bangkok n mandi bunga 3x a year for the next 3 years to wash off the pong pong curse :)
Pong Pong sounds funny but these fellas r more ngong ngong LOL
Posted by chonghai > Mar 8, 2016 11:56 PM | Report Abuse kcchongnz, thanks for your article. It is emotionally soothing to read your article when small caps are having a tough time.
Thanks chonghai for your kind words.
This is a good investor which in my opinion everyone should follow.
I wrote many articles about V.S. which I share my concerns on its cash flows. chonghai had invested in V.S and I think could be quite a lot. He evaluated what I have written, and has his own independent thinking and made his own decision to hold, or may be buy more, and as a result, I believe he made a lot of money.
While many others, including a couple of very respected forumers came out and personally attacked me, some even called names, using terms like bullshitting, misleading, etc. (yes, I am human, hard to forget certain things too)chonghai never attack me. Instead, he expressed thank to what I wrote. Hard to find this type of people around.
Why should anyone attack me personally as I was helping you to give another opinion, which you can evaluate and make your own judgment?
I think it boils down to some personal self interest and agenda.
I have a few portfolios, one of which is called "kcchong" since last year that has given me handsome gains such as Magni, Scientex, Perstima, Padini. Apollo, Kuchai and Hexza. My "kcchong" portfolio is the best performing one because it consists of fundamental value stocks with margin of safety.
Posted by ckkhen > Mar 9, 2016 11:02 AM | Report Abuse I have a few portfolios, one of which is called "kcchong" since last year that has given me handsome gains such as Magni, Scientex, Perstima, Padini. Apollo, Kuchai and Hexza. My "kcchong" portfolio is the best performing one because it consists of fundamental value stocks with margin of safety.
ckkhen, thanks for your kind comment. I hope you don't mind me using this comment when the next time I get Pong Pong Pong. and also for marketing, ok?
kcchongnz Posted by ckkhen > Mar 9, 2016 11:02 AM | Report Abuse I have a few portfolios, one of which is called "kcchong" since last year that has given me handsome gains such as Magni, Scientex, Perstima, Padini. Apollo, Kuchai and Hexza. My "kcchong" portfolio is the best performing one because it consists of fundamental value stocks with margin of safety.
ckkhen, thanks for your kind comment. I hope you don't mind me using this comment when the next time I get Pong Pong Pong. and also for marketing, ok? 09/03/2016 12:32
Hi KC, I have been reading your interesting articles for a while. At times, I wonder why you offer your FREE articles and have to subject yourself to such rubbish (S..T) from ungrateful readers. I guess each of us have our own perception on our calling and on society. BTW on your third portfolio’s performance, not sure whether you have adjusted for the 30 sen dividend by perak corp. Good on you for sharing your knowledge.
and another thing is all of us are infected by been rude in commenting as we are not communicating face to face. we tend to write stuffs that will hurt other peoples. Take for example, if you know I am encouraging ppls to use margin ( but I never ask ppls to use 80%, I myself use only 30-50% margin from pledged shares)and you disagree. but when you communicate face to face, you will very politely maybe ask him, brother, be careful ya as margin got its pro and con, nanti kena burn ya. then I will say ya, brother thanks for letting me know, actually I also only use 30-50% margin as just in case my pledged stock plungd by 50% and I still have time to adjust my position. but very thankful for you to remind me.
See, so peaceful and friendly when we talk face to face unlike in forum.
something for all of us to think and adjust. Maybe we should start anew here.
Posted by sharktank > Mar 10, 2016 08:59 AM | Report Abuse
and another thing is all of us are infected by been rude in commenting as we are not communicating face to face. we tend to write stuffs that will hurt other peoples. Take for example, if you know I am encouraging ppls to use margin ( but I never ask ppls to use 80%, I myself use only 30-50% margin from pledged shares)and you disagree. but when you communicate face to face, you will very politely maybe ask him, brother, be careful ya as margin got its pro and con, nanti kena burn ya. then I will say ya, brother thanks for letting me know, actually I also only use 30-50% margin as just in case my pledged stock plungd by 50% and I still have time to adjust my position. but very thankful for you to remind me.
See, so peaceful and friendly when we talk face to face unlike in forum.
something for all of us to think and adjust. Maybe we should start anew here.
Markets are gearing up for an expected rate cut from the European Central Bank on Thursday, but stock investors shouldn’t get too excited about the prospects of lower interest rates, according to some analysts.
Looser monetary policy—such as rate reductions—usually spark a rally in the stock markets, but when it means yanking the deposit rate further into negative territory, the easing could end up doing the opposite, according to J.P. Morgan Chase JPM, +0.58% analysts.
In a report out earlier this week, the bank outlined how major economies with rates below zero, such as the eurozone, Japan and Switzerland, all have suffered stock-market losses since negative interest-rates policies (NIRP) were introduced. Eurozone equities are down 4.6%, Swiss stocks have lost 9%, while in Japan stocks have dropped 6.7%, as laid out in the chart below, published on Monday.
“NIRP has been counterproductive for equities so far where it was put in place, in Japan, the eurozone, Sweden, and Switzerland. We are a bit concerned about how NIRP is negatively impacting the banks and we think the banks should rather be helped to lead to better economic growth going forward,” said Emmanuel Cau, equity strategist at J.P. Morgan.
“It’s hard to see the eurozone economy growing materially, if banks do not lend more,” he added.
Read: Will Portugal be next flashpoint in eurozone debt crisis?
Lower interest rates are aimed at boosting a flagging economy by making lending cheaper and encouraging investing and fueling purchases. The ECB deposit rate currently sits at minus 0.3%, but is expected to be cut to minus 0.4% on Thursday in an effort to lift inflation, which currently stands at negative 0.2%. That is far below the ECB’s target of near, but just below 2%.
Read: 5 things to watch for at Thursday’s key ECB meeting
Several economists have spoken out against the use of negative interest rates, arguing it hurts bank’s profitability and effectively works as a tax on the financial system. With the banks in poor shape, there are fears NIRP could derail the economic recovery and continue to keep a lid on inflation and growth.
These concerns have weighed hard on the banking sector. In Europe, the Stoxx Europe 600 banks index FX7, +0.54% is down 16% year-to-date, compared with a 7.2% loss for the broader Stoxx Europe 600 SXXP, +0.62% This is less an issue in Denmark, where negative rates also are in play, because banks aren't as heavily weighted in its main benchmark OMXC20, +0.23%
“Banks constrained by negative rates may seek to recoup some of their lost profit by increasing rates on new loans and thus tighten financial conditions, which major central banks would likely view as a counterproductive response to their easing,” analysts at Bank of America Merrill Lynch BAC, +0.61% said in a note.
So what is the ECB to do at its meeting this Thursday? J.P. Morgan’s Cau said another cut to the deposit rate is unlikely to help sentiment. He said Draghi & Co. instead should instead come up with a way to fight low inflation without hobbling the banking sector’s profitability. This could happen through another round of cheap, long-term loans and a tiered-deposit system where some of the excess liquidity from banks would be placed at the ECB at a rate above the deposit rate.
Read: Here’s what a ‘radical’ European Central Bank would do
“I think the markets are becoming more and more skeptical about the endgame. Will these policies be successful, or are they just a reflection of policy makers being desperate to find the right tools to combat low inflation?,” Cau said.
“The endgame is whether inflation expectations will go up, if the ECB succeeds, in boosting inflation expectations, whichever tool they use, that will be a very good development for the market,” he added.
Read: Disappointment reigns as ECB’s QE celebrates anniversary
More from MarketWatch Two bear-market indexes are set to turn bullish Here’s why you can expect more upside for U.S. stocks EIA lowers U.S. oil output, price estimates for 2016, 2017
I only scold rude people like paperplane, optimus, coldrisks, Desa. They all deserve it (never scold sharktank also, even though I think he is negative)
show me how I use vulgar words to scold nice people and I will apologise
Fed reduce interest but tighten up loan requirement and they hope the market to react positively Too bad the fed only can save the market by printing more money.
I scolded you not because of your religion discussion in NSOP thread, moron
I scolded you because you joined paperplane to scold me even though it is none of your business. I have never offended you before, why you so busybody ? Paperplane is well known to be a bad guy. I think I have a reason to scold him. Why on earth you want to sinkalan and put a leg in to defense him ? that is why i taruh you loh, moron
Posted by Coldrisks > Mar 10, 2016 09:14 PM | Report Abuse
I hardly scold anybody, you come and scold me the other day in NSOP that I was stupid, who was rude. Scold yourself for being rude to me.
No one own this forum. It is free and this country is Democratic. When people said something you don't like you said ppl rude. Then where got different between you and an orang utan staying inside cave. Grow up and be mature icon. Don't be surprised some living in 80,90 of age still behave like a kid
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Posted by Ooi Teik Bee > 2016-03-08 22:44 | Report Abuse
Posted by Tom > Mar 8, 2016 10:29 PM | Report Abuse
kk123 is a girl :)
Ans : Worst than old lady because he is good in bad mouth writers in I3.