i sold off my IWCITY at 1.40, 2 years ago. people here told me to sailing at above RM 3.10. if I did that now I will run road.play defensively u won't be a super investor but at least we won't go broke. sailing people many became bangrupt in 1997
Firstly, we are human, not machine. Making mistake n having blind spot is inherently humane. My guess is you never got balls to sailang in stock market before OR your sailang with mistake is due soon. By age 84, with above as your guiding principles, I can guarantee you are the at Jalan Padu wearing tore shirt shouting sailang Sendai, sailang jaks, sailing Manny to nothing. I guarantee. Don't contrarian for the sake of just contrarian. Use margin of safety as guiding principle old man.
Those that managed to emerge as winners after sailang will say stockmanmy is right. Those emerged as losers will say stockmanmy talk rubbish. There are always winners and losers in investment. No point arguing this subject.
Those that managed to emerge as winners after sailang will say stockmanmy is right. Those emerged as losers will say stockmanmy talk rubbish. There are always winners and losers in investment. No point arguing this subject.
But those who sailang following manny for Jaks at RM1.70+ and Sendai at RM1.30+ would have got margin calls and their shares forced sold off at <RM1.10 for Jaks, and <RM1.00 for Sendai would be licking their wounds now.
remember using bank margins, when the weather is good the bank will lend u an umbrella,when it is raining the bank will ask for the umbrella back.if banks can lend me unlimited funds without recalling me to top up when market is bad, I also can sailing whatever I can buy,just like many big shots in 1997. contra win is personal pocket,contra loss let bank force sell and owe bank and no need to pay
Posted by stockmanmy > Jul 23, 2017 09:00 PM | Report Abuse ven.. I have another 23 years before I am 84 to apply the lessons learnt.
ME : MANNY, IN ORDER to cacth up fast to be a super investor , by anticipating above assumption that u still has 23years u may not able to use what u learnt... everything change too fast now, by time u done analyst .. u may lost d golden time to sailang.
My view is u punt 30% on the way u learnt their Fa .... and gradually average up while the counter lead u to it with good progress and profit.
using margin person must be sharp and alert all the time,without margin most investors already lose,using additional margin lose more lo. if the percentage of making money so easy if using margin why would banks lend to us? why they won't use the margin themselves to buy?
margin is for those with political linked person,for those who got inside info,those who are close to the bankers and insider people not for any ordinary person.
an average person cannot be a super investor.don be dreaming.koon yew yin personally know dr m during his prime time. if a person know such a person like that,I say can sailing lah.
Posted by Powerstock > Jul 23, 2017 11:08 PM | Report Abuse Power up your knowledge Take calculated risk Dare to take decision SAILANG stock with real power up
Manny,
What knowledge do you have? Panic moment? seX factor? Dynamite investing? Sialang? Can elaborate ah?
How you "Power up" these Panic moment, seX factor, Dynamite, Sialnag? Can elaborate ah?
Calculated risk? What risks you are referring to?How you calculate your risk?
Dare to take decision? How you arrive at a 'decision"?
Sailang? You know those following you sailang in Jaks at RM1.70+ and Sendai at RM1.30+ have already got margin calls and lost their pants because of your hype?
applying 截拳道 philosophy in stock investing. We shall discuss this topic in the coming days after the readers have a time to read & understand the philosophy by the legendary Bruce Lee.
Posted by stockmanmy > Jul 23, 2017 11:14 PM | Report Abuse do you remember IH 2016...market bad...KYY says he got margin call People started saying KYY die,,,sure die. well....KYY is not only alive but doing very well....... losers will remain losers forever...and kC remains a loser.
kc remains loser? You base on what? Your panic moment? seX factor? Dynamite?
If you understand English, read these threads on the portfolios of stocks I have been holding, and check their returns, and evaluate yourself if I am a loser, rather than talking nonsense all the time. or is it you?
Posted by stockmanmy > Jul 23, 2017 11:24 PM | Report Abuse kc chong when I am 84 years old driving a Roll Royce...I will write a book and tell you all about it.
I am sure you will be "driving" a Rolls Royce then, or may be later. Just tell you children to do it before the time comes.
where u intended to make it? to usa,to the moon or to the stars? how much is consider make it? those who make it the odds are very low,just like striking a lottery
example buy 10 lots selling quietly 20 lots ar? why can't kyy bought jaks at average price 1.30 and tell people to buy at 1.10? why can't kyy bought sendai and can't call people to buy lower than him? why all the time must call people to buy when the price are already up a lot?
Posted by stockraider > Jul 23, 2017 11:25 PM | Report Abuse X
PETALING JAYA: Investor Koon Yew Yin (pic) has emerged as a substantial shareholder in Focus Lumber Bhd since last month.
However, disclosure was only made yesterday, with filings showing that Koon had acquired a 6.71% stake, representing 6.93 million shares, in the Sabah-based hardwood manufacturer on April 11 at an undisclosed price.
Focus Lumber said it only received notification from Koon over his emergence as a substantial shareholder in the group on May 9.
Focus Lumber’s shares closed one sen higher yesterday at RM2.05.
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 5911 views | 5 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....
cheoky
2,823 posts
Posted by cheoky > 2017-07-23 21:33 | Report Abuse
Definitely not from your thread. Sailing with mistake is horrendously n negatively rich. U should be deleted.