Already grab 1.20 - 1.29. To each his own. Own money own decide. Dont need to ask when to in and when to out. Like to buy, then buy. Like to short, then short. cheers.
nearly sold all Lands owned---In financial Trouble?? Not a word from Major shareholders. When price in RM30, Director didnT Sell, when in RM 1.34 Director starts Selling----Slightly Better than SerB bcos Bursa didnT issue Any stop trading
^So, you compare a profit-making company to a loss-making company and then, declaring that the former is slightly better than the latter, in my honest opinion is utter nonsense.
You donT know about SerB.....SerB's " declared " 100's millions profit during Covid Era, even give Dividend when Oil crashed to $30---A perfect Scam that works until its Auditor said "something " is wrong----So first thing first. never hired "Big 4 Auditor " always hired local Lazy Dog Auditor if Co. is running a SCAM
Got out of RAPID at rm1.38 completely and into YTL. Good luck ! Rule #1 Never lose money Rule #2 Never forget Rule #1 Rule #3 Buy wonderful company at a fair price I’m glad I can continue to follow the above guidance as my stock trading compass.
Some people like to talk about PE for stock valuation. Hartalega EPS is only 0.66 sen per share for last qtr very much poorer than Rapid but still command a price of RM 2.66. Maybe there are too much noise regarding Dr. Yu's counters ! 🤣🤣
Why invest in the stock that future full of uncertainty??? Let’s invest in cheap, solid and FREE from market manipulation (drastic LD etc) like Minetech guys 😎🤞
One advantage of punting very small on speculative stocks, #and# not adding to one's losers = it remains small and doesn't stop your portfolio to make new all time highs again. Today is another day like this. RAPID loses monies but portfolio made new all time highs again. This lesson on Position Sizing is so, so important that nobody talks about it enough. Everyone wants to know what price to enter, what price to exit, but nobody talks about the Art of Position Sizing. Position Size affects most of your returns, not your entries or exits. This is because entries and exits are somewhat random. You got to know your highest expectancy trades and your highest volatility trades and position size appropriately to optimize returns.
Buffett throughout his life is a Master of Position Size. He knows his stock returns extremely well. He knows the base case outcome and the outlier outcomes. He knows how he can fix future stock earnings/returns. He is able to identify stocks with the highest expectancy at the lowest risks and then, size up appropriately. When he finds a truly great deal, he doesn't both to bet small but big. He is the Master of knowing all the risks of a stock.
And honestly, I don't think he will not buy RAPID. This stock has too great a risk that he can't control. It's not to say RAPID can't do well in the future. It's to say along the way, it can also crashmore. So, punting small and not average down is the closest to avoiding the stock.
DividendGuy well said. Most people care about entries or exits, but what matters most is truly the portfolio and the particular holdings in a stock. That I agree with the most. You can have great percentage losses in a counter, but you could easily outweigh the lost by having a small percentage gain in another stock with big holdings. Overall a great gain. Thats why positioning matters and it leads to whether one can analyze the risk well, knowing all the risks and expected gain in a particular trade. That truly an art can only accumulate such know-how through years of real-time experience. That said, my punt in Rapid is just several tens of thousands which is the lowest positioning size in my portfolio, with a predicted expectancy of risk and gain. Again to each his own, don't bet if cant take the risk. Only do what you are comfortable with. The stock market anyway is for people with monies to lose, thus with the risk it comes with gain/s. cheers.
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Posted by EatCoconutCanWin > 2024-02-02 10:50 | Report Abuse
ceo got money liao. big angpow coming tp3.00