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28 comment(s). Last comment by stockmanmy 2017-01-18 19:29

calvintaneng

53,341 posts

Posted by calvintaneng > 2017-01-18 09:52 | Report Abuse

Calvin bought Jaks at only 40 cts due to Langat 2. Jaks has 6 feet diameter water pipe. Since Jaks jumped to Rm1.20 (up 200%) Calvin thinks too high to chase Jaks now.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 10:43 | Report Abuse

I don't buy Jaks for its pipes.

calvintaneng

53,341 posts

Posted by calvintaneng > 2017-01-18 10:51 | Report Abuse

I already made 2 rounds from Prestar and also made 2 rounds from Jaks.

10 years ago I bought Jaks when one Kl insider told me about Jaks.

I bought Jaks at 60 cts. Told my remisier to sell of Jaks when price doubled to Rm1.20 for a nice 100% gain.

After selling Jaks powered up near Rm1.40 and I was surprised that I still got some Jaks another Remisier forgot to sell. So I happily sold off all into strength.

Then in December 2014 I saw Jaks fell back to 40 cts and I bought back.

Ha! Jaks jumped to Rm1.20 this round for a fantastic 200% upside!

Now Jaks being so cyclical is not worth chasing any more.

Time when Calvin called for buy on Jaks few people bothered. Now Jaks up only 'expert sorchai' come out to promote.

What a joke!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 11:13 | Report Abuse

for a project of long gestation period, not surprising some are too early by 1 or two years.

but now , Jaks no looking back.......

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:15 | Report Abuse

stockman I think my Value Trading and Dynamic Investing quite similar

the only difference is that you got Hibiscus (which I think is a crap stock, LOL)

stockraider

31,556 posts

Posted by stockraider > 2017-01-18 11:16 | Report Abuse

Yes the list are profitable....but non are 2 to 3 baggers loh...!!
In order to make big...u must have patience to go for longer run and make few 100% loh & this attribute dynamic investment lack loh...!!

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:16 | Report Abuse

another major difference is your Dynamic Investing involves "cunning" timing of exit

my Value Trading is more for Dumb Dumb Hold

stockraider

31,556 posts

Posted by stockraider > 2017-01-18 11:18 | Report Abuse

Yes icon...method is the true dynamic investment n stockmammy just a trader loh....!!

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:18 | Report Abuse

hmm.... not really... if you can get 20% to 30% return per annum, then it is considered worth the effort already

stockraider Yes the list are profitable....but non are 2 to 3 baggers loh...!!
In order to make big...u must have patience to go for longer run and make few 100% loh & this attribute dynamic investment lack loh...!!
18/01/2017 11:16

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:19 | Report Abuse

I can never make money from stocks like Hibiscus... I am too slow and too square for that...

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:27 | Report Abuse

guys, I always say don't judge a man by what he says, judge him by what he does

if you look at stockman portfolio, even though he depicts himself as "opportunistic trader", the stocks he pick are mostly good quality stocks

the same applies to KC Chong. He ask people to buy stocks based on DCF valuation, etc... But my study of him showed that he buys and sells very much like raiders, me and stockman.

as far as I am concerned, Icon, stockman, KC and Raiders all have very similar stock pricking strategy. It is the way they describe themselves make them look like they have differences. Instead, I think they have more similarities than differences

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 11:34 | Report Abuse

Super investors should not have emotions involved. Just the cold hard facts. Others get 40 sen I get $ 1.10 no big deal.
============================================================
calvintaneng I already made 2 rounds from Prestar and also made 2 rounds from Jaks.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 11:36 | Report Abuse

Timing is very very important.
I mean we do not have unlimited patience and certainly no unlimited capital.

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:36 | Report Abuse

yes

buy sell decisions are based on valuation, which is based on future earnings

history has no bearing

Icon8888

18,658 posts

Posted by Icon8888 > 2017-01-18 11:37 | Report Abuse

agree again. Holding too long term without a good reason will expose you to all kind of risks


Posted by stockmanmy > Jan 18, 2017 11:36 AM | Report Abuse

Timing is very very important.
I mean we do not have unlimited patience and certainly no unlimited capital.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 11:38 | Report Abuse

By and large, I am satisfied with my entry timing.
The only aspect I trying to improve is timing of exit. I always sell too early and leave too much on the table.

stockraider

31,556 posts

Posted by stockraider > 2017-01-18 11:42 | Report Abuse

Thats why i m saying mammy...u need to have a longer run strategy n make few 100%....but that means u need to have conviction on ur share u buy n not simply been shaken out, when price temp reverse loh...!!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 11:57 | Report Abuse

Dynamic investing will go where there is money to be make.
Try to assess gain vs loss and got a good ratio in the shortest time.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 12:06 | Report Abuse

conviction is not an easy thing.
It depends on the personality.

The more one knows how the world works, the less conviction one has on any thing.

Professors and lawyers can convince the judges and themselves on any thing.

Modern men, civilised men, knowledgeable men can hold contradicting views in the head concurrently.

who got good convictions?
I know the less educated have more convictions, most of the time.....just like Donald Trump supporters.

Forest Gump got lots of conviction...and a blessed life.

stockraider

31,556 posts

Posted by stockraider > 2017-01-18 12:27 |

Post removed.Why?

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 12:31 | Report Abuse

You Mr Raider is just an empty vessel.
Mr KYY reads you very well.

All your postings are mere postings for the sake of posting.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 12:36 | Report Abuse

Dealing with contradictions.
Let me give you an example from modernity.

Its freedom and equality.

Two key words everyone holds dear to.

But beknown to them, freedom and equality are contradictions

Where you have more of one, you will have less of the other.

but even very smart people can have both ideas in the brain concurrently.

stockraider

31,556 posts

Posted by stockraider > 2017-01-18 12:48 | Report Abuse

The problem of Mammy...is one he lose the discussion ...he may make all sort of accusation on raider loh....!!

Must have discipline loh....!!

MG9231

772 posts

Posted by MG9231 > 2017-01-18 13:09 | Report Abuse

stockmanmy You Mr Raider is just an empty vessel.
Mr KYY reads you very well.

All your postings are mere postings for the sake of posting.


I think stockraider is the a smart investors and not empty vessel as other claimed.

1st, you must understand where he worked before . I knew he worked for legend Neo Soon Kean before he turned to full time investors.

2nd, what he contributed in I3 investors forum make sense to me.

3rd, I can imagine he must have made a lot of money this year. from the ways he throw out the challenge to i3 toikors , but no takers.

valuelurker

1,133 posts

Posted by valuelurker > 2017-01-18 14:59 | Report Abuse

Wait ah let me count...one two three four and five! Five old men stroking themselves talking about the good ol' past lel

plpmanmy ask your master old man koon to set up the stock competition and tell him rm200k first prize will only attract monkeys, small timer micro sub-50mil penny stocks where liquidating will mean telling people to buy, when he's selling he he he

And then you shall see the pros come out to play

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 15:02 | Report Abuse

F#ucker your name, not mine.

While you talk cock,
KYY gives out scholarship.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 19:27 | Report Abuse

Timing is every thing.

Make hay while the sun shines.

I don't care what formulas, what ratios you use

You are not likely to make money while every one else is losing their pants.


Its all in the probabilities.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-01-18 19:29 | Report Abuse

charge when time to charge
retreat when time to retreat

sailang when time to sailang.

the road is paved with gold.

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