@Jaya Prem @Mabel ... can you suggest any one of the paid classroom lessons? 13/06/2020 10:36 AM
I attended several classes and Investment talks. One of them was organised by one of the local University, Amanah Raya and one of those classes that you can find on FB or telegram. Many Sifu are offering this kind of lesson that comes with software packages to assist in your trading.
You can also rely on online material which you can find in abundance in Youtube and Miss Google. All you need is discipline to make time for it to increase your learning curve in this area.
In addition, my Mummy and Daddy has always been my source of reference when I first started engaging in Stock Market. Your circle of friends like what we are having here in i3 is also another excellence source of learning. Finally, the best way to learn is always by engaging.
@joyvest mabel , which investment bank are you using ? as you know, some IBs are not up to it or up to no good. perhaps you can recommend a decent one. 13/06/2020 11:23 AM
Previously before the trading platform was available, I rely on SJ Security. Now I'm using Maybank as they usually provide me with their research materials. As any for IB, you have to take these things with a pinch of salt since they also have lots of interest in this trade. Bottom line, it's YOU and yourself that has to take the ownership since it involves your money.
Hi Mabel, Dayang AGM will be on 22 June.. will you be attending?
I read that they are going to propose share buy back.. and the accumulated losses as at 31 Dec 2019 is 100m+ as stated.. does that mean Dayang long term prospect is not as good as before?
Mabel.. thanks for your reply.. always like to hear from you... Would like to ask your experience.. lets say if we bought Dayang at 1.5 previously.. and never seen the price increase afterwards.. we should not be panic and quickly sell it if we believe it its long term value?
How will you handle the emotion when the share price keep dropping after you went it? I think alot of the small investors get trapped when they buy, the price fall and when they sell, the price goes up again..
@Rainbow0721 Hi Mabel, Dayang AGM will be on 22 June.. will you be attending?
I read that they are going to propose share buy back.. and the accumulated losses as at 31 Dec 2019 is 100m+ as stated.. does that mean Dayang long term prospect is not as good as before? 14/06/2020 11:10 AM
A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings.
A good example is my collection of MyEG and YTL. Everytime when they exercise share buy back the stock price will increase. Hence, based on these two experience and others it's a good things..
@Rainbow0721 Mabel.. thanks for your reply.. always like to hear from you... Would like to ask your experience.. lets say if we bought Dayang at 1.5 previously.. and never seen the price increase afterwards.. we should not be panic and quickly sell it if we believe it its long term value?
How will you handle the emotion when the share price keep dropping after you went it? I think alot of the small investors get trapped when they buy, the price fall and when they sell, the price goes up again.. 14/06/2020 11:21 AM
If I don't believe that Dayang can go further, why would I add another 50 lots in my Dayang holding? Serba and Dayang is Top 2 O&G Stocks with highest ROE.
The best way to handle emotion is avoid watching the screen. Go and do some other productive things. I'm sure you can find 1001 things to do than watching the trading screen.
As long as you have done your home, there is nothing to fear
So Set your auto cruise in this ship to RM 2.
Turn off the lights, take a deep breath....Relax...
@MingGoon Dayang.. hold for long term... Dayang keep accumulate... keep adding.. One day you be laughing to the bank. 14/06/2020 5:03 PM
Meow MingGoon!
Glad to see you here too...
Listen to MingGoon.
We shared so many passion in Greatec, Elsoft, Revenue, AT (which is currently HOT!), Penta, Armada, KNM, Velesto, Alam, Hartalega, Top Gloves and many other adventures together...
Mabel.. really admire your calmness and experience in the share market.. i saw the similarity between you and one of my friend.. both of you - never fear the market drop if it is due to the external factor; - not checking the share price every now and then; - just patiently wait for the investment to realise value in long term with the prerequisite that it is a fundamentally strong company.. and I am the opposite of both of you and panicking everyday since March.. really really need to get rid of this negative and over worrying thoughts..
But comparing to most O&G counter, at least this company still has strong order book to sustain their operation for few years, also this is less impacted company which may be a great opportunity now to buy their shares at low and wait for rebound later.
I just felt safe to invest here instead of those upstream O&G company. But, better always keep some spare cash for average down, as stock market is unpredictable, especially during this moment.
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....
Mabel
24,087 posts
Posted by Mabel > 2020-06-13 22:33 | Report Abuse
@Jaya Prem @Mabel ... can you suggest any one of the paid classroom lessons?
13/06/2020 10:36 AM
I attended several classes and Investment talks. One of them was organised by one of the local University, Amanah Raya and one of those classes that you can find on FB or telegram. Many Sifu are offering this kind of lesson that comes with software packages to assist in your trading.
You can also rely on online material which you can find in abundance in Youtube and Miss Google. All you need is discipline to make time for it to increase your learning curve in this area.
In addition, my Mummy and Daddy has always been my source of reference when I first started engaging in Stock Market. Your circle of friends like what we are having here in i3 is also another excellence source of learning. Finally, the best way to learn is always by engaging.
@joyvest mabel , which investment bank are you using ? as you know, some IBs are not up to it or up to no good. perhaps you can recommend a decent one.
13/06/2020 11:23 AM
Previously before the trading platform was available, I rely on SJ Security. Now I'm using Maybank as they usually provide me with their research materials. As any for IB, you have to take these things with a pinch of salt since they also have lots of interest in this trade. Bottom line, it's YOU and yourself that has to take the ownership since it involves your money.
Meow..