Posted by kcchongnz > 2012-12-24 05:09 | Report Abuse

Posted by Ooi Teik Bee > Dec 23, 2012 11:21 AM
[I agreed what you had posted. There is a danger of using TA if the stock is not FA sound. Hence there is a cut loss if the buy signal is a wrong one. My custom software has a cut loss signal to inform you to get out if you are wrong.].....
[Of course, I will prefer to buy stock which fulfills both FA and TA.
The advantage of using TA is to catch the right timing to avoid unnecessary waiting time or holding the stock. If you have limited cash, TA is a prefer way so that money is utilised efficiently.]

Mr Ooi, although I am no fan of TA, I find your response very logical and appropriate. I think those who follow your method would never go terribly wrong, and may be would be more than 50% right. However, most market players, at least retail market players, including remisiers, more than 90% of them, are purely TA people. so one can see the great influence of this "chart won't lie" thingy. They apply this to every stock, TA or FA stocks without exception. The problem with doing this blindly even for FA stock is, in my opinion, wrong. This is because if you follow FA strictly, you look at the company's business, its future, its operating efficiencies etc and try to evaluate what is the intrinsic value of the company, and buy at a comfortable margin of safety (Warren Buffet). Different people may do it differently but the basic principle of FA is there. If one apply TA blindly to it, after the share price drop (below its support level?)may be because of general market condition or a quarter of slight under-performance, they will sell them like they want to quickly get rid of this terminal disease or something,while the fundamentals of the company hasn't changed a bit. Or when they find a highly undervalued stock but because there is no breakout(?) yet, they have to wait for it to go up by say 20% to get the buy signal(?), then only they buy. This means sell low and buy high. This is in total contradiction to value investing. I always advocate that small time retail market players should invest in the market rather than trading to have a chance to get reasonable return of their money. Very low probability of gambling with big boys and TA experts.

Posted by Ching Yin Carrot Loh > 2012-12-24 11:20 | Report Abuse

Fantastic !=)

Posted by Yuzuki > 2012-12-24 15:41 | Report Abuse

rally coming soon to kay-n-am ..... while buying this stock i am listening to Kimberley's "Ai Ni" .... this is a good song for lovers ... i am dedicating this song to ms L .... 'woh ai ni' ....

Posted by ambani > 2012-12-24 16:06 | Report Abuse

Rally ? Still at 0.455 and going to 0.40 . Then take flight to Holland. Hohoho merry Christmas to knm holders.

Posted by Yuzuki > 2012-12-24 16:31 | Report Abuse

hehehe not just rally .... it is the 'grandmother' & 'grandaunties' of all rally .... lol ... just watch hehehe ... after that only go holland, sweden or new zealand .. hehehe 'kung hei fatt fatt choy' & happy new year ...

Posted by kcchongnz > 2012-12-25 15:30 | Report Abuse

yungshen1, you have a good record of the dividend payment by knm in the other thread. Very good. Now could you do me (rather you) a big favour by adding up all the dividends a shareholder holding say 1000 shares would have received since then until now. I also believe you would have a good record of all the right issues by knm, you know those issues which knm collected money from him. Now make a summary of total dividends received vs total right issue money that shareholders would have forked out. Look at it and see what can you observe. Go a step further, include the money that shareholder forked out to buy the 1000 knm shares last time, a rough price about that time would do. Now add the right issue money and the money for buying the shares. Now of course that shareholder would have a lot more than 1000 shares after all these right issues. Now multiply the number of shares with the knm share price now and see what is the total value of knm shares he has now. Compare what he has come out and what he could get now, and see how much this shareholder has made. We will talk about the opportunity cost of the money come out later. Believe me, it is very very important for you to do this exercise.

Posted by mahathir > 2012-12-25 16:10 | Report Abuse

kcchongnz, no need to bother this fellow yunshen1. If he has ever such ability do the computation, he would not have kept reminding others to buy KNM. Let him live in his own world.

Posted by Hustle > 2012-12-25 16:29 | Report Abuse

What Fat Cat mention about TA is quick make sense,since TA only survive at bull market.If not,all broker have can change name to richer already.At bull market you only have to paste the news paper that full with stock counter at the wall and we use a analysis tool called dart to pick the counter. :)

Posted by Chung > 2012-12-25 16:33 | Report Abuse

kcchongnz what is your view in Perdana petroleum and warrant ? do you think this counter share can buy ? thanks

Posted by kcchongnz > 2012-12-25 17:49 | Report Abuse

Ah Chung, I never follow apa ini Perdana Petroleum. Never! So don't know much about it. Anyway since you asked, I must give a shot by looking at its recent annual report 2011. Ouch, it is real bad. Why did you bother to ask me about this company? Revenue has dropped from 665m to 256m from 4 years ago while earnings plunged from 156m to a lost of 69m, holy shit! A check of its this year's performance, it seems to turn around to a profit of just 12m for the last three quarters, or 2.4 sen per share. Huge debt of 223 m, resulting interest payment up to 18 m a year. The management blamed it on the Europe debt crisis bla bla bla. But why its competitor Coastal Contract can do so well?

Posted by Chung > 2012-12-25 18:14 | Report Abuse

Thank you kcchongnz Perdana petroleum making lost for the past 2 year. but start to pick up profit after third quater this year. Dayang become majot share holder in perdana (19.9%) if i not mistaken Perdana sell all shake in petra energy partly to settle the bank loan. Many securities firm give a buy call to this counter with target 1.30-1.50 . Dayang major share holder can give many contract for perdana for renting vessel due to it huge project. that what i knew about perdana. anyway i thank you for share infor above. i did view many of your comment it which is support by solid data and this really can help many other peoples not to jump into bad counter lose their hard earn money. Good job to carry on brother. wish you Merry Chrismas and happy new year .....

Posted by kcchongnz > 2012-12-25 19:54 | Report Abuse

Chung, you are right. One should look at the future rather than the past of a company. My analysis is based on its financials, which is the past, not relevant. Just a passing comment. One shouldn't based too much on the forecast of the future too because it has been proven again and again, forecasting usually wrong on the overly positive side. Another point is how much work can Perdana can from Dayang? How much is that actually translated to the bottom line this year, next year, next few years? Can a kid survive if every time he has to depend on his parents? Can Perdana now get jobs, profitably executed from other clients? Bear in mind that it hasn't been proven so. I am just simply throwing some questions only. They may not be relevant.

Posted by yungshen1 > 2012-12-25 20:22 | Report Abuse

kcczhongnz . i dun know to calculate. could u help me pls

Posted by jumbo > 2012-12-25 21:33 | Report Abuse

Danger Sanger.....danger in general lee....

Posted by kcchongnz > 2012-12-26 06:09 | Report Abuse

yungshen, if a company's share price is RM2 and it gives 2 sen dividend a year, the dividend yield is 1% (0.02/2.00). You compare this with if you put your money in FD in bank which say you get 4%. Which investment is better? Moreover putting your money in a stock is subjected to risk, risk of losing your money or your expected return does not materialized. If i want to invest in stock, I would want a return of minimum 10%, for a risky company like knm. My risk premium would be 6% (10%-4%).
To calculate your return from knm, say you bought 1000 share of knm at 6.00 in 2008. So you pay 6000. Along the way, knm have many right issues, extracting money from shareholders. By now your 1000 shares have say increased to 3000 shares. But you may have forked out another say 4000 for your right issues. so now your cost is 10,000 now (6000+4000). Add up all the dividends you have received through the years, say total of 2000. So your actual cost now is 8000 (10000-2000). With the price of knm at 45 sen now, your worth of your share is 1350 (3000shares*0.45). So what is your gain? 1350-8000= a loss of 6650, or 83%! This is just rough estimation. I have ignored the time value of money; a ringgit 5 years ago is worth much nore than a ringgit today. If I have taken that into account, the loss is much worst. Is that really that bad for KNM? I think it won't be far off. Just look at the 5-year chart at the link below:
http://www.shareinvestor.com.my/charts.pl?id=7164&action=charts_history
5 years ago the share price of knm was 6.50. It is now 45.5 sen. The loss is 93%!!! The chart i think would have adjusted for all the dividends and right issues.
Of course if knm turns around, the share price of 45,5 sen may provide a great opportunity to make big money, will it? Yes, if the somebody fry it which is likely. Yes, if that apa ini Borsig listed and do well. But when somebody fries the share, many more people will lose money again. No if my take of its fundamentals are correct. The fundamentals of knm is so so shitty and eve if, yes if, Borsig do well, so what? How much will it improve knm financials? But I can't see anything wrong of my analysis of its fundamentals as posted by me in this thread. Nobody, none has disputed what I have seen. The point is if you are interested in a peeny stocks, there are so many of them which have much higher probability of making money. Why knm then?

Posted by ambani > 2012-12-26 09:59 | Report Abuse

Kc , you forget the share consilation in 2010 : 4 share to 1 share. From par value 0.25to 1.00 . So you have to calculated again and glossing rate should be far more than your calculation .

Posted by KC Loh > 2012-12-26 10:05 | Report Abuse

Accumulating. One way KLM flight to Holland for me! :)

Posted by jumbo > 2012-12-26 10:08 | Report Abuse

Lol...KClow very funny...Jumbo rub big bum bum on KClow face...rub rub

Posted by KC Loh > 2012-12-26 10:09 | Report Abuse

Davesingh completely brain shutdown as doctor predicted? LoL

Posted by jumbo > 2012-12-26 10:14 | Report Abuse

Jumbo continue to rub bum bum on KClow face....do you smell it! Good luck for KClow...

Posted by KC Loh > 2012-12-26 10:17 | Report Abuse

Sorry. As said before, I don't communicate with davesingh's newly assigned figment of imagination: Dumbo jumbo! Poor chicken singh, still so obsessed with me even as he has entered the underworld!

Posted by davesingh > Dec 20, 2012 04:28 PM | Report Abuse and i said to myself, oh what a wonderful world.... skies so blue.. red roses bloom.. petgas at rm20.. and i said to myself oh what a wonderful world...

Will say a prayer for him! LoL

Posted by KC Loh > 2012-12-26 11:01 | Report Abuse

I really wonder who samdogass is, one appearance and chicken Dave disappears. And ran for his life!

Must be powerful! Jumbo would not last against him I think LOL

Posted by unknown > 2012-12-26 11:05 | Report Abuse

itu kemungkinan davesingh penganut kristian manyak tinggi kot. masih lagi raya

nanti sardine datang balik - riuh rendah forum jadinya

Posted by kcchongnz > 2012-12-26 11:43 | Report Abuse

ambani, the chart i have appended in my last posting has taken care of everything; dividends, right issues, consolidation, whatever. But why ah so many of these corporate exercises gone through for knm? Can't you see the management has been more interested in all those corporate wheeling dealings, telling people that it would be taken private because it is way "undervalued", but never happen, frying share price rather than focus on its company business?

Posted by FlyingStocks > 2012-12-26 14:20 | Report Abuse

I read that someone said CPTeh is stock market sifu?more like a con-man. teaching basic technical analysis at an expensive cost..everything is money for him..he's not making money from the stock market..but from bunch of nooooob being con by him.especially newbies in stock market. he is a self proclaim expert..better off learn from books and forum..

Posted by kcchongnz > 2012-12-26 14:32 | Report Abuse

This is a capitalist country. If you don't like it, don't buy it. Willing buyer willing seller. He is trying to make a living too. Don't spread rumors that someone is a conman, if it just a matter of personal opinion, unless you personally experience that he cheats you, like selling you a stone but entice you to pay the price of gold. Learning things like TA is a subjective one. Everybody claims his is the best while others are rubbish. So very subjective. Cannot say people con you. Well one should judge himself.

Posted by unknown > 2012-12-26 14:34 | Report Abuse

fair & neutral statement. salute to you kcchongnz

Posted by unknown > 2012-12-26 14:51 | Report Abuse

just can't understand ppl taking the flight to Amsterdam so early, now is winter at northern hemisphere le, freezing cold.

i'll wait till spring or summer come

Posted by chung > 2012-12-26 16:23 | Report Abuse

Salute you kcchongnz....... i total agreed your statement......

Posted by rocket > 2012-12-26 17:22 | Report Abuse

Kcchongnz, thank for all the advice :) tonight will try to read back your postings ...RESPECT !

Posted by stanleysew > 2012-12-26 18:37 | Report Abuse

nice speech ...

Posted by yazid7655 > 2012-12-26 19:40 | Report Abuse

from RM2...now to 40sen.....so what are we waiting for??

Posted by Risk Trader > 2012-12-26 19:46 | Report Abuse

Sale first and buy tiger, xox or dsc....sure can cover yr lost from this counter

Posted by yungshen1 > 2012-12-26 21:14 | Report Abuse

today volume so little .tomorow range should be 0.455 to 0.475

Posted by Fat Cat Tim Buddy > 2012-12-26 21:24 | Report Abuse

how about no?

tomorrow morning, limit up 29% , afternoon limit 29% , 5pm get UMA. how about that b?

Posted by jumbo > 2012-12-27 00:41 | Report Abuse

Jumbo believes KClow not confident esp using word "think"


Posted by KC Loh > Dec 26, 2012 11:01 AM | Report Abuse

I really wonder who samdogass is, one appearance and chicken Dave disappears. And ran for his life!

Must be powerful! Jumbo would not last against him I think LOL

-------------------

Jumbo see KClow not keep to words....say many time the below statement but still comment. Careful of double talk politician!

Sorry. As said before, I don't communicate with davesingh's newly assigned figment of imagination: Dumbo jumbo! Poor chicken singh, still so obsessed with me even as he has entered the underworld!


--------------------

Posted by jumbo > 2012-12-27 00:48 | Report Abuse

Jumbo retrieve war artifact....start WAR with KCLow....

Smack the hump of KClow, and follow with ass throw...KClow humping and puffing....

Posted by jumbo > 2012-12-27 00:50 | Report Abuse

Jumbo stomp on KClow.....KClow begging to be release.....cry oooouuuuccchhhh

Posted by jumbo > 2012-12-27 00:52 | Report Abuse

Jumbo again bring general lee, smack KClow to bottom and sit, ....rub rub

Posted by KC Loh > 2012-12-27 01:16 | Report Abuse

<yawn> some kid needs attention! no money to play the market! LOL

Posted by jumbo > 2012-12-27 01:24 | Report Abuse

Jumbo happy KClow respond....Jumbo sit again on KC face.....rub rub

Posted by jumbo > 2012-12-27 01:26 | Report Abuse

Jumbo like KClow.....no yawn...I think KC hurt....Jumbo mean well!!

Posted by KC Loh > 2012-12-27 01:31 | Report Abuse

tonight the doctors didn't allow you to bring your little shield and arrows? LOL

Posted by jumbo > 2012-12-27 01:40 | Report Abuse

No need shield...all arrow today.....becoz KC screw up BIG BIG time on Scomi.....

Posted by KC Loh > 2012-12-27 01:42 | Report Abuse

hahaha... kiddies league. build up postings to 1500 first ya! cannot waste time on kiddies :)

Posted by jumbo > 2012-12-27 01:47 | Report Abuse

If champions and respect are made of the volume of posting, then it might as well also reflect the achievement of a 100 meter runner doing the longest time.

Posted by jumbo > 2012-12-27 01:48 | Report Abuse

Jumbo......!! Smell the bum bum yet.....oooooooucccch

Posted by KC Loh > 2012-12-27 01:50 | Report Abuse

no, it just me! i won't entertain multiple nicks ever so often! the rest, as usual, is just your garbage talk! LOL

here's something on scomi:

Posted by Ng Kai Yau > Dec 21, 2012 11:00 AM | Report Abuse
lol, kc, i thought somebody call him differently.. ahh.. what dustbin king

goodbye dustbin champion king! hahahahaha

Posted by jumbo > 2012-12-27 01:53 | Report Abuse

Jumbo smell retreat.......Jumbo knows it poo poo is garbage.....but Jumbo poo poo on your face....oooopppss sorry sat on it earlier

Posted by jumbo > 2012-12-27 01:58 | Report Abuse

Jumbo poo poo for luck!