A trader who has good chance for success: 1. Is properly capitalised 2. treat trading like a business 3. has a low tolerance for risk 4.trades onli when the market provide oppotunity 5. can control emotion 6.has a trading plan 7.is incredibly disciplined 8. is focused 9. has backtested his trading methodology
A trader who has good chance at failure: 1. is undercapitalised 2. lack discipline 3. overtrades 4. does not understand the market 5. rushes into trade 6. chases the market 7. is afraid of missing a move 8. is stubborn n marries a position or idea 9. misinterprets news 10. is always looking for home runs 11.lets losers get too big 12. takes winners prematurely 13. takes trading too lightly 14. takes large risks 15. has little control of his emotion
Many thanks to our ex-CEO and current CEO and CFO (Icon8888, dalpinia, lexus002). You finally announce the 1 to 2 share split and free warrants with exercise price of just RM1.00 !! It is a big good news to shareholders. Let’s do the maths. I always treat the warrants like a “special dividend”. The question is how much “special dividend” based on the mid-day closing price of RM2.75 ? We need to calculate the ex price after the split and warrant which comes to RM1.30. ((RM2.75*2))+1/5). Given the exercise warrant price of RM1.00. The “special dividend” will be RM0.30. YES….I can expect the share to JUMP another 30sens to RM3.05 ! BUY before too late !!
On another note. Let’s do some simple FA. Given the strengthening of USD to RM3.90 from RM3.30, and based on 2nd quarter EPS growth of 72% (2nd Q 2015 = 4.14 sen; 2nd Q 2014 = 2.40 sen). We expect it could be double from previous EPS. So, the expected EPS this year would be 39.7 sen ! Based on PE of merely 10x, the share price could boost to RM3.97 !! It is still very undervalued.
All theory (including CEO’s conspiracy theory) hold true now…..price should be in RM3.05 to RM3.97 !!
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....
manutdchampion
425 posts
Posted by manutdchampion > 2015-08-05 14:36 | Report Abuse
osk188 trading system always down