Ayamtua, yesterday pmcap and pmhldg halted trading for one hour. No reason given. I might be wrong but i think i read in other thread Calvin said that pmcap might delist in the worst case....but if pmcap can avoid that then its price will move up..... is it why mui group of companies moved up today???? For now, only the insiders know hehe....
AyamTua, PM Cap is a loss making subsidiary. 4th quarter's result just announced incurred heavy losses. You must swing your trade fast. It could be the shark making use of this opportunity to offload its shares too. Just beware.
Posted by ayeefk > Feb 19, 2014 01:07 PM | Report Abuse
AyamTua, PM Cap is a loss making subsidiary. 4th quarter's result just announced incurred heavy losses. You must swing your trade fast. It could be the shark making use of this opportunity to offload its shares too. Just beware.
-- thanks for advise ! ya ... this one play ping pong only
Wow, PM Corp finally closed at 26 sen(but only 10,000 shares done at 26 sen, deliberately propped up by the shark)today.
Incidentally, my 2 laggards started to move at the same time today. Insas is up 7 sen today, after breaking its immediate resistance at 86.5 sen. This is probably the first time it moves more than Inari or its warrant, signalling more of shark's intention to move higher.
Both are expected to deliver good 4th quarter's results this week or next.
Ayeefk humbled swing. You must be taking good care of pmcorp today. He he based on chart. It should be moving up tomorrow. Pls watch volume. Pls decide to stay or sell up to u guys. He he he. Send my regards to hepitrade and zu1967. He he he. Bye. Need to go now
Wahh so much actions I missed..... haiyahhh this whole week will be meeting meeting meeting :( ....may be I should call in sick next 2 days hehe.... Ayeefk, congrats on Insas.... Mike, your thheavy also up nicely.... very frus could not get some this morning... thank you in advance and please advise for 'future' tips first can ah tqtq hehe...
Humbled, I dared not recommend you to buy Insas as the shark has been drawing a downtrend chart for Insas since Dec last year. A lot of investors had probably dumped this counter thinking that it was a downtrend stock. The shark is really very tricky!
With today's movement, hopefully Insas is on an uptrend now. Still got to wait and see.
Sorry guys i talk a little bit about other counter ah.. For RCECAP, one of the defensive counters highlighted by Calvin... Bro ayeefk you sold already and agree with you it has been sleeping with very low daily volumes... based on my amateur observation hehe it's similar to pmcorp in certain ways... eg: NTA 0.53 current price 0.28, in the past week or so the price has been around 0.28 to 0.285.... consistent big buy q at 0.275 (suspect this is company buyback), buy q gaining momentum these past few sessions at 0.28 volume still low though)... quarter result coming soon... Of course my observation is wrong all the time hehe but just wondering whether TA can shed some lights... I tried to look at TA so ok we have RSI, MACD, PPO, MFI etc bit all I see is stars in my head hehe..... any bro can kindly help to have a quick peek at the charts ah?
Humbled, chartwise, RCE Cap has been traded within a tight range(27.5 to 29 sen)for the past 1 month or so. Sideways movement. Once in a long while, the shark may play it for a day or 2, you must know this is the best time to get out. This is the pattern of trades for the time being, until a new factor to warrant a different play.
Share-buyback by the company is very common for this counter.
Just my views only. Calvin may be able to advise you on other details.
Warren Buffet Rule No.1 is - Not to lose money. Rule 2 is to remember Rule No.1 - Never to lose any money.
You see, for Year 2014 we Invest With Survival Mentality In Mind.
Return OF capital is more important than return ON capital.
First - Make Very Sure Our Money Is Safe - Then Only Think of A Reasonable Yield for Protection against Inflation. Putting all our Money as Cash in Bank is ALSO NOT SAFE - as high inflation erode purchasing power.
RCECAP is well supported by
1) High NTA 2) Consistent Share Buy back policy (Always try to key in lower than share buy back price.) 3) Backed by AMBank Group 4) Loan to Govt Servants by salary deduction. 5) Better than Ah Long - because RCECAP has power to blacklist anyone who default with Bank Negara - so there is a moat. 6) Since RCECAP is not chased up - no fear of bubble 7) Pays a dividend.
I am not calling for a buy/sell. I called for a buy when it was 26 cts. Now at 28.5 cts
Wow! PMCAP 60% up ^-^ .... I don't have PMCAP but see also excited hehe... Ayeefk and Calvin, thanks a million for your valuable time replying... The explanations/ info were very helpful indeed for slow learner like me. Cheers..
Thanks AyamTua, just had a quick look I think there is a mistake on the NTA of AHB hehe... The just released q results says 9.60 but the one before says 0.09... typo error may be?
WHY SHOULD WE INVEST WITH SURVIVAL MENTALITY? IN OTHER WORDS - INVEST IN DEFENSIVE SHARES AGAINST DOWNSIDE - WITH A BIAS FOR UPSIDE.
Reasons:
1) The US IS NOW IN TAPERING. From US$85 Billions down to US$65 Billions Now. As Such Liquidity IS BEING TIGHTENED - Less Money Will Flow Into Emerging Market To Push Up Share Prices.
2) Or the Contrary Liquidity is WITHDRAWN From Malaysia. ABERDEEN & Other Foreign Funds Selling KLSE. Today Standard Charted Bank sold its holdings in Scomies. So instead of inflow - WE HAVE OUTFLOW of LIQUIDITY!
3) The Rise of Electricity, Petrol, Sugar, Assessment rates, GST & others have further soaked up Liquidity from CASH STRAPPED CONSUMERS. And with less spending money many businesses will be impacted. And if earnings drop - share price will also drop later.
4) In the Sahara desert Few People or Animals can survive because there is no water. So in the Commercial World few businesses can survive in prolonged Business Downturn with no profit.
Note: Bill Gates Power Generating Company just filed for Bankruptcy because of little demand for electricity.
5) In the Desert - Life revolves only around Oasis or near rivers or lpockets of water and where whatever little water is Available. So We Must Find Those Companies That Will Survive & Thrive even in the worst of Recession/Depression.
What are they within KLSE?
Maybe you might call me a pessimist. No, after going through the 1985-87 collapse of tin & rubber markets, the 1997/8 Asian Financial Crisis where I saw 3 Friends losing RM500K, RM3 Millions & RM5 Millions in the Stock Market & the 2007/8 Lehman Brothers' Crisis I have learnt to invest defensively.
The Fundamental problem of the US Economy is not solved yet. QE is only kicking the can down the road. As such we must prepare for Another Financial Tsunami on the horizon.
Best Regards,
Calvin, Singapore.
Note: How will it arrive? By Hyperinflation by the destruction of paper money? Or A 1929-39 US Style Depression? No one knows as yet.
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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....
humbled
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Posted by humbled > 2014-02-19 13:03 | Report Abuse
Ayamtua, yesterday pmcap and pmhldg halted trading for one hour. No reason given. I might be wrong but i think i read in other thread Calvin said that pmcap might delist in the worst case....but if pmcap can avoid that then its price will move up..... is it why mui group of companies moved up today???? For now, only the insiders know hehe....