Resistance at 0.76. Next resistance 0.81. If the sharks burst through 0.81, the sky’s the limit. Told you all not to write off these tiger sharks. They may be docile for a long time, nibbling at small lots and bottom feeding. But once they get into a feeding frenzy, they turn into ferocious tiger sharks and nothing can stop them!
Price now 0.770 up 2.67%. Volume coming up. These tiger sharks are masters at the game. If this counter shoots past O.810, I’ll sell everything & dump in, coz the sky’s the limit then!
Nothing wrong. I’ve been slowly picking up in the mid 60s-70s and plan to hold long term too. MYEG’s market cap is now 5.05B and has had like 5 bonus issues. HTPadu’s is a mere 77M! If you view this stock as a baby MYEG, it’s got plenty of legs long term if they get to muscle into MYEG’s domain, as they’re showing signs of doing.
Aiyoh BillyK. If I know, I also won’t tell you, especially on this forum! But just think? There’s definitely something in the offing or the sharks, whom you call toothless sharks, will not suddenly makan every seller in sight after 10.15am yesterday and on opening today! I tested them with a mid-sized ask order which they took. I later bought it back when it fell back. When this stock breaks the next resistance at 0.810, it’s going to fly so fast, you’d have to throw everything at it or you’d miss the ride. I don’t rule out a crazy run up after 0.810. This school of tiger sharks are good at this game, so watch the volume and the momentum. The momentum is something that’s hard for them to fake! They are probably the only sharks with the chequered history of a double limit up, so be prepared!
I told you folks these tiger sharks are good at this game. Zero volume up to now. A prelude to a run up? Watch the momentum and volume. If momentum is strong and stock shoots past resistance of 0.810, huut ah!
Loaded up kaw kaw between mid 60s-70s. Will continue collecting on weakness. Then it’s to sit tight and be patient and wait for resistance at 0.810 to be broken with volume AND momentum. Then it’s huut ah! “Patience is bitter, but its fruit is sweet.” - Jean-Jacques Rousseau
Aiyoh, whether Calvin is right or wrong one thing is certain. An investment decision whether by sohais or brilliant investor is theirs alone. Nobody ever held a gun to their head and forced them to buy! I’m no KYY (I’m a kuchi-rat investor compared to him) and I certainly respect him as a Sifu, especially his knowledge, smarts and gumption but my investment philosophy is something that’s different from his. But ask yourself what’s the most important personal quality that an investor should have?
“Patience... followed by pretty aggressive conduct. It is given to human beings who work hard at it—who look and sift the world for a mispriced bet — that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.”
Armed with this snippet of trading advice, I scour the KLSE & look for the “mispriced bet” all the time. Believe me, I caught a couple of lemons but none serious enough to do me in. I would never touch Sumatec when they only have 11k in the bank! But I was lucky enough to catch that chao ham yi, Zelan round about late last year when I decided that at circa 2.5c it was a mispriced bet as the co had outstanding arbitration claims. Nothing more than that. When the co was successful with their claims recently, the price shot up to 12c and I cashed out. I’m waiting for it to retrace to more reasonable levels (below its current levels) to buy again.
I’ve also been slowly picking up HTPadu in the mid 60s-70s and plan to hold long term. MYEG’s market cap is now 5.05B and has had like 5 bonus issues. HTPadu’s is a mere 77M! Is it a mispriced bet? If you view this stock as a baby MYEG, it’s got plenty of legs long term if they get to muscle into MYEG’s domain, as they’re showing signs of trying to do.Nothing more than that. Same rationale with Talam. Chao ham yi stock but with potential lifeline. If the price does fall, especially to those levels mentioned by Calvin’s detractors, to me it’s time to huut ah!
“Patience... followed by pretty aggressive conduct. It is given to human beings who work hard at it—who look and sift the world for a mispriced bet — that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.”
Everybody’s asking why I’m looking so happy? My habit of buying value is paying off. Apart from KLSE, I have part of my investment kitty parked in Bitcoin at US$3,600 2 months ago. It’s now gunning for US$5,000. I expected the surge in May. Looks like Christmas has come early this year, leh!
If the MYEG monopoly is broken, it can only augur well for its competitors, including HTPadu. So Gentlemen, my investment philosophy is premised on uncovering and buying undervalued stocks with a hidden value story. Look, I placed part of my portfolio 2 months ago in bitcoins when it was struggling to clear US$3,600 and everyone was calling bitcoin a fraud. This morning it hit US$5,034! I took profit at US$5,000 and went in and bought a bigger lot again at US$4,887 when it retraced. I’ll buy it all the way up to US$10,000. I bought Zelan around Boxing Day last year for 2.5c. It shot up to 12c 3 months later. My risk appetite is bigger than some others I suppose. So if the HTPadu share prices continue to retrace, it suits me fine, I’ll continue to collect slowly. I could be wrong but fortune favors the brave.
UALA LUMPUR: The government has set its sights on breaking up any form of monopoly or cartels in a bid to spur competition in business and reduce the cost of living.
Towards this end, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the government has identified some companies as possibly having a monopolistic position in the market.
The companies are Padiberas Nasional Bhd (Bernas), Puspakom, Pharmaniaga Bhd and MyEG Services Bhd.
Lai liow...Layang, appreciate your concern with potential pump and dump for this counter. But isn’t pump and dump a fact of life in the KLSE and in fact in most exchange traded assets? In fact, I welcome it. That’s why we buy low. Heck this morning I woke up to the mother of all pump and dumps with joy! Remember I’d taken profit on my bitcoins at US$5,000 that’d I’d bought 2 months ago at US$3,600 just yesterday? I went in to buy again yesterday at US$4,887 and set my TP at US$5,260. It was triggered early this morning, leh whilst I was still asleep! Somebody (probably a billionaire pumped in US$100M to pump bitcoin up to US$5,275 before dumping them to take profit. I went in to buy again this morning at US$4,950 and have set my TP at US$5,930. Hey, pump and dump is not such a bad thing if you buy low, lah. Also, Layang its only fair when you criticize Calvin and Raider that you address their contention that Talam lands are seriously undervalued and are the Talam price will see a dramatic adjustment when their true values are unlocked if and when the ECRL is launched. IMO, Daim can go on his knees but there is ABSOLUTELY NO WAY the ECRL will be cancelled. China’s got Malaysia by the balls dy! You think Malaysia wish to pay the RM22B penalty for cancellation, meh? So a discount concession from China. Probable. Cancellation? No way babe! IMHO, if you collect Talam and HTPadu now at these prices, it’s a good move as we don’t have to wait long. Go ahead and pump it man. I’m ready!
PETALING JAYA: The lucrative government e-services space will see the entry of a new player, MyPay, which is backed by a company majority-owned by Permodalan Nasional Bhd (PNB).
The developer of the MyPay portal, Dapat Vista (M) Sdn Bhd, is currently 80%-owned by HeiTech Padu Bhd, which is in turn, majority-owned by PNB.
Dapat Vista has been involved in government SMS services for the past 10 years.
Its portal MyPay, which launches next month, is set to offer services including payment of summonses, student loans, and local taxes such as assessment and quit rent.
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....
Leempeh
290 posts
Posted by Leempeh > 2019-03-26 14:56 | Report Abuse
Ooooh 0.755 up 3.42%. Volume coming. I’ll soon be coming!!!