Peter Laumy OMG !!! Hv obtained 150 lots at 0.71 & 0.725 ( $100k+) if really not surging I'm gonna cut loss tomorrow. Invest Axiata or Digi tomorrow.Pls advice Tq
Lam LH Good advised, FYI I'm a midterm trader ... We share a same philosophy that Never Contra trade it's a NoNo for me too.Well I'm still onboard YTL .. STILL HOLD 100 Lots. Sold 50 Lots at 0.720 Gain few hundred RM .Bought Axiata $3.95 this morning.
You know you're such a joke as an investor if you own 250k shares and you sell at 2sen loss when its YTL. Malaysian investors can be such jokers that don't have any fundamentals of market patience, volatility, market movements, market value and market perception. Please if you're a Malaysian investor, don't be like @IWResources. It's despicable and disgusting to read comments from investors that are in a dreamland that only seek high volatility for their degenerate profits. These are the kind of investors that would go all in for stocks like GME and when things don't turn out their way, mention cut loss. Harlo, cut loss is when the stock really is so bad for long term. You think you god ah, can predict where best your money can put that will instantly be 30% profit from the day you buy. We are just climbing out of a recession, if got study economics you know gomen want people to spend money, so gomen build infrastructure all. Infrastructure all can build without YTL cement is it? So what if YTL now 0.715, it showed it reached 0.745 from lowest of 0.645 just couple months ago. Thats like 15% climb. I entered at 0.67 and there after dropped to 0.645. I don't whine 'CUT LOSS' or what cause I know my market fundamentals. I waited 2 months to see it break 0.74 and I'm happy for it. Shows progress. There will be minor hiccups along the way, but its part and parcel. My TP is above RM1 come December. By then, as long above RM1 I'm up by 50% already. Now imagine @IWResources capital of roughly RM170k, wait 6-8months (long scenario) easily earn RM85k. Where else can you earn RM85k for half a year wait time? AirAsia? Dataprep? Topglove? Tsk Tsk
Agreed with kk9696, I wait a month from it last peak for it drop to RM0.66 in Jan, I do regret didn't sell it @ RM0.72/0.715 in mid Feb & Mar, but I believe once the pandemic is over, it won't disappoint me.
It may go down further ....esp when there is lock down again... by looking at the surging cases and the bazaar ramadan crowds.. looks like lock down possibly coming again...
There will never be another lock down on economy sector . Lock down for people like to wandering about yes. And again if lock down after vaccination, how to track the effectiveness
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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....
fortunefire
1,364 posts
Posted by fortunefire > 2021-04-07 08:26 | Report Abuse
Thanks to ECRL....