With all due respect sir. Both chaps are equally important. One sets the destination while the other navigates to it. The key is to ensure both chaps are equally competent. cheers.
Technical analysis is the trend that all supporters are abandoning the glove party. Pandemic ends sooner not 4 or 5 years. Of course got technical rebound but can never go up 100% to recover to RM10.00. Party over. 20 to 50% rebound possible.
For a Geezer trader playing on big MARGIN, TA takes precedence over FA. This is because the trader is playing on borrowed money and he can't afford for the share to go down or stagnate. Geezer needs an uptrending stock moving NORTH every other day. So, Geezer has finally thrown in the towel and admitted his fatal error again. Be humble in life to reap GOOD KARMA, cheers.
Another thing is any long term investor will tell you is there is a time to take profits.
Even Warren Buffet sells positions. Long suffering Supermax investors that bought shares 2003-2008 between 9 sen and 25 sen (post split) will be selling shares slowly to pay for kids college, buy a new car, and travel to NYC once Covid is over. Even at today's share price they are sitting on huge profits.
After the 2009 H1N1 pandemic we saw a 66% pull-back in price. A conservative estimate such as this pegs the price @RM3.67.
Back in 2010-11, it took 14 months for the wash-out to occur. It's happening much faster this time, which is definately not bullish for this stock.
You see what Kyy mentioned in the article? He trying to sell if there's a chance. He not planning to hold long long 10 years like what you guys said. In short, Kyy at most is just a human.
Don’t blame FA which drives value in the long run for your own ignorance. Valuation is always determined by maintainable profits in next 10 years, not next 1-2 years. It’s a basic lesson for even a beginner investor.
Select stocks base on FA and entry and exit timing base on TA. Right now the FA is showing that this stock is a huge buy. Get it now and wait for next 1 year. Guarantee make more than 30% returns
Chart shows zero banker for very long already. Wait till bankers at least 30percent then only enter. But then, why would you want to buy a rebound stock with resistance? Go for uptrend stock instead.
"I learned a very expensive lesson. On hindsight, if I started to sell as soon as the price start to drop, I would have made a lot of money."
You see his is not a loyal glove supporter as what you all have said. He just not going to hold long long term. He is just normal human who want to take profit if chance is there.
Lol just imagine 10 years ago he is the 2nd shareholder of supermx, boss took him to look at factory. Now, having loss 90% of his wealth in dayang, he stay in condo rm20 while boss buy luxury condo in the us
Yeah, Supermax boss doesn't even care to give fat divvy to shareholders! Only buy super luxury condo in US! And yet here in Malaysia, Grandpa Koon worship such director! I mean, why didn't Grandpa Koon promote Supermax back in March 2020! Why only now!
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....
jiamuksy
11 posts
Posted by jiamuksy > 2021-02-25 17:26 | Report Abuse
With all due respect sir. Both chaps are equally important. One sets the destination while the other navigates to it. The key is to ensure both chaps are equally competent. cheers.