Tuesday, February 20, 2018
PavReit : I was asking a simple question ... why PavReit down sharply?
From RM1.72 (Sept 17) to current RM1.40 ... it is really due to the OPR? Isnt it over-done?
So ...next question : Is Pavreit a buying opportunity? So, I tried to answer that during last night's e-meeting.
Note : I have exited REITS some 2yrs plus ago as I m seeing it as high-risk ...oversupply of shopping-malls.
Monday, February 19, 2018
Good morning ... CNY day #4 ... back to work-time for many.
8.20 am : Janda Baik
There are so-so many waterfalls ... and I believe MANY retailers stuck up there, do not know what to do with that. I have tried to 'promote' cut-loss for 2 years plus in this blog and conducted many 'cut-loss' e-meetings.
At times, I do realize that we could not help them ... the newbies, the stubborn old-veterans, those fundamentalist-kaki (low price = cheaper = average down), those retailers who do not wish to face reality of losing in trades
Let's take Hevea as an example ... where I have mentioned for 2-3 years now that the whole furniture-sector was over ... well, Hevea actually retraced from Jan2016 from 1.50 level to RM1 level before done a stunning recovery to new high to RM1.70 level ... wow. But ... from there, the double-top formed, broken the neckline ... and down since then. We are at 88.5cents now ...
Note : Generally, we avoid the whole down-trending sector ... such as the furniture-gang.
Evergreen : It is clear ... from the weekly chart, it is downtrending, right? At 50cents level now ...
Magni (weekly) : still moving lower ... and broken RM4.30 level. Next to check at RM3.60 level.
Ok ... learn to sell and cut-loss ... do not average down. Averaging down is a loser's game, not admitting wrong (no thanks to those value-investing kakis)
Sunday, February 18, 2018
Saturday, February 17, 2018
e-meeting : FLBHD
Sat, Feb 17, 2018 10:30 PM - 11:30 PM +08
Please join my meeting from your computer, tablet or smartphone.
go to the link : https://www.facebook.com/tratles/
for the e-meeting id
I have spent 1-2 hours to read about FLBHD from i3 and BursaMalaysia. Then ... went to their website to check on QR/AR.
Good to check on this so-called under-valued stock since it is listed AGAIN (as under-valued) by FocusM under top40 under-valued stocks!!
So, tonight ... focus on the sector ... and focus on the lumber.
Hevea : monthly chart ... it has been down from the peak (RM1.74) to current 88.5 cents. Well ... for monthly chart, we shall wait till end-Feb to see the complete candle. All my charts are adjusted.
Jan-2015, it was at 37cents ... before it rallied in 2015 ... the furniture-export theme play. In 2015, I was trading almost all the furniture-counters ... Hevea and Hevea-wb is one of them.
When the trend is over, lower could go lower ... and yes, the theme-play was over in Dec-2015 when I exited the whole sector.
Just checked the historical chart back in 2005 Jan ... it was at high RM2.30 ... crashed to 5cents level(adjusted) .... and rallied in 2015 for 10-bagger!!
Well ... two pointers I have been sharing ... DO NOT GET STUCK UP THERE as we needs the bullets to BUY DURING CRASH
Latitude monthly chart ... at RM4 now, we shall check when it is below RM3.
FLBhd : monthly chart ... showing downtrending, right?
Remember ... I was out of the whole sector in Dec-2015 ... do not fall in love with the stocks or sector, ok? Market NOT crash yet ... u see.
Have a nice CNY now ...
Friday, February 16, 2018
Happy Chinese New Year
An e-meeting to update on the list of these under-valued 40, after the selldown. It should be cheaper now? Let us check ...
e-meeting : 10.30 pm to 11.30pm
link : go to https://www.facebook.com/tratles/
see you in my webinar.
Wednesday, February 14, 2018
Good morning ... and yes, Happy Valentine to those celebrating.
During current dive in markets, many caught into stocks and did not able to sell to keep cash. It is how markets going to work ...in 2018. WILD and VOLATILE.
If we bought a stock and it goes against us, we have to decide to cut-loss short with tight stop-loss in place OR ... if we bought and intend to hold, we can 'average it down', which I totally disagree. It is 2018 ... average down is high risk and many stocks may not rebound (even good fundamental stocks) ...
Give you an example of my trades done in PWRoot ... I never really check on her for some years (It came up from RM1) ... I was given a 'tips' by someone working in the company that it will surge to RM2.80 .... back in Oct 2017. It was at RM2.05 back then and I bought on market price!! Managed to sell at RM2.16 the next fews days but bought back at RM2.20 ... only to see it tumbling down and I cut-loss and out. Well ... it went below RM2. And ... below RM1.80 ... and today, Feb 2018 ... some 4-5 months after the tips, it is trading at RM1.65.
Next level for me to watch PWRoot and to report it here would be at RM1.46.
So ... remember, no matter how 'good' or reliable the so-called tips is, we should never but too much of hope in it ... and certainly would not be wise to 'sai-lang' .... in a stock.
Place the cutloss well ... and exit as the stock price tanking lower ... and exit.
I have learnt over the years that even 'insiders' could be wrong .... in fact, they are wrong many of times. Guess the top-management "play" them out?
Welcome to 2018 .... where many rumours would be flying around and good-news is to sell stocks.
Be aware and stay logical. One may needs to learn technical-charting ... and can join me next-next Saturday trading-workshop (24th Feb).
contact : 012-821 0129 or email@example.com
Happy Valentine ...
Tuesday, February 13, 2018
Sapnrg : At support , forming a descending triangle ... critical. Once 66cents broken, free fall to new low.
Someone came to my e-meeting and said he is stuck at RM1.52 ... so, to me, that sharp rebound of 50% is a SELL point.
Then, some greedy newbies or punters bought when it surged to RM1 ... that is ridiculous, showing how naïve the person to chase it up. Wake up ... we can't survive if we didn't cutloss what we bought up there due to our ignorance and greediness.
This is not a buy-sell call. Good luck.