Thursday, September 18, 2014

Updates : Scicom and DRB



http://cpteh.blogspot.com/2014/09/chartnexus-meeting.html


Scicom : What a good run ... hitting 1.62 today. It was at 1.40 when I told those chart-nexus members to buy Scicom as that is easier to trade, using indicators. Dividend 2cents taken.



There is another counter I mentioned to them, DRB. Buy DRB ... was at 2.20, cut-loss 2.10 ... if it dives further. DRB hit 2.32, before correcting to 2.24 today. I sold half at 2.29, to take profits and buyback.

Those who went for chart-nexus traders meeting are those who attended their technical trading course. I do not believe in using many of the indicators or more lines in my charts. Simple basic ones as guidance ... afterall, those indicators are mathematically calculated. Price-volume actions could be used more effectively in counters such as DRB or Scicom, rather than PUC etc etc.

I told that to the speaker/trainer that day ... we need to know the stories behind the stock-movements as we have 1000 stocks. To trade well, we do need to plan ... and know why we are buying into the counters.

Well ... don't know when I will be attending another chart-nexus meeting again. I rarely free on Saturdays.

By the way, I am planning a trading workshop next Sat-Sun. I prefer to teach basic technical ... and more on the planning(money, risk management ... market psychology etc).

Just hope I could attend another meeting or market-talk next month.

TEH

Monday, September 15, 2014

Get out of E : easier said than done.

It is Monday ... yes, Monday blues for me as Liverpool lost. Sigh.

School holidays ... and it is time to bring kids to jalan-jalan and play-play. I do still hv classes, tho I hv left my full-time teaching job. Students will be going for their final exams ... so, still kinda busy with classes.


Yes, I bought this book ... I do like the books written by the author, not because she shared same surname as me ... but, her easy-reading books are 'funny'.


Dollars and sense book ... for those interested to know how to be 'kiam-siap'. Another very kiam-siap book is by CAP(go google it).

I am going to meet her ... and ask for signatures. Yes ... I do support local authors. Writing a book? Me?? Err ... no, thank you. I like writing this blog ... un-structured, un-planned ... no restrictions(well, there are many fine lines that I need to toe ... such as, I wont like to comment on politics in Malaysia, nanti kena sedition-act la ... or I could not comment on those speculative counters, nanti kena shoot by runners leh).

Ok ... put those politics aside ... and those stock-market comments away.

We shall plan on where to go for a break? If no where better, I know I will end-up at Sepang Goldcoast again. That is my hiding place.

Yeah ... leaving my full-time job is a good choice, tho I m slowly adjusting to the ''missing of classroom teaching''. The workload was tremendous for the meagre pay. The amount of paperwork could easily drowning me.

Each time my kids having holiday, we do not. The holiday schedules for college and primary-schools is different. Some private colleges require the lecturers to take leave even if they do not have classes to teach. It is not true to say teachers have lots of holidays. For private colleges, you may ask me for further details. We have to mark papers during that so-called holiday period. Most of the time, we will be more stress than normal teaching days!! Thinking back, it scared me off ... and luckily, my ''dream'' of leaving my full-time job ... fulfilled.

The E-quadrant that I have learnt ... the E-S-B-I ? Yes, when I was in Kota Kinabalu, Sabah ... in 2007 ... I read about it and plan to leave E quadrant. So, I moved back to KL ... and escaped the E recently.

Write down the pros-cons of being employed(E) and being self-employed(S). Plan on it ... I gave myself 5 years to be able to do that. I took 4.5 years of being back in KL ... slightly earlier than my plan of 5 years. I couldn't take the stress thrown to me anymore in the colleges .. besides the pulling factors. It is more free to be able to just give tuition(Maths) and having a more flexible working hours. I am fully into S now ... S = self-employed. We still need to work, exchanging our TIME = MONEY. To me, I like S rather than E.



I could do my own work, at my own pace. I could listen to songs!!

I believe many employed will like to come out from there ... venturing into S or B. While I m moving into B(my tuition centers), I am still very much into S. It will takes me another 5 years(my goal la) to be able to let go of my S fully ... and fully into B, while my I-quadrant will give me passive income. Then, hopefully ... if I m still around, I could be financially free.

To be financial free ... it just means we have more than our expenses, even if we do not need to ''work'' anymore. I m still have long way to go ... but taken the first very important step ... get out of E(unless one is highly paid, above RM15k per month ... with monthly expenses RM5k ... in my opinion).

I have my mind set ... use much lesser than we earn. Frugal, if u want to put it that way. I used to be an idiot(used more than earn). Haha ...

So ... if one wishes to escape the E ... start with being ''frugal'' (kiam-siap ... I m not, actually. haha). MUST clear off all debt(credit-cards, personal loans).

ok ... this is what I have done ... I could only share what I have done(right or wrong).

Step 1 : Must willing to work hard, while learning a skill.

I was broke. I was teaching in KK. I was new in KLSE. 2008. I worked hard(college plus tuition, everyday till nights). I learned to analyse fundamentals of companies, I learned technical-charting. Market 2009 recovering well, great profits ... and been continuing to learn the skill. Now, the trading skill becoming so valuable.

Step 2 : Pay all high interest loans, and start saving. Be frugal.

Uproot from KK. Came back to KL, to learn more. Increase tuition-classes. Continue to be very frugal. Start to pay off my credit-cards(got 3 of them) ... and cleared all 2 years ago. Cleared personal loans too. Took a personal loan of 6% p.a, put inside my trading account. Profit more, continue to put the saving(surplus) into trading accounts.

Step 3 : Invest in ourselves. Invest.

Went to trading courses, workshops, market talks to learn. Continue to learn and invest in myself. Met many good experienced traders and shared opinions. Continue to do that. Invest in ourselves is a must but never pay thousands for those so-called professional courses. I went to few 'sifus' and find them MUCH better than those thousand-dollars courses. Learn FA ... learn TA. Invest in myself.

to be continued, may be.

Ok .. time for lunch ... back home to play with kids, take a nap ... and check market again.

TEH

Sunday, September 14, 2014

Stillness




I was searching for "stillness" ... and chosen this simple photo. Guess I like the "water" ... the lake. Observing my mind ... my liking and preference ... I could only think that I am the only person to understand myself. Me.

To understand ourselves ... as we all might have read, is the first step we could have a happier life, a more meaningful lives ... we should understand ourselves. That is ... deep.

If we could not understand our-own-selves, how are others going to understand us? We could always look for external sources, someone to understand us, but it is never out there. It is inside us. We have to explore our own needs, our own desires ... our purposes. No one could ever understand us ... more than ourselves.

Asking ourselves ... why are we in stock-markets? WHY? Because we thought we could profit ... earning some money there ... or even, we could get rich?

We do need to ask a basic question on why we are in stock-market when we read that the statistics showing that 80% of them lost/losing money? What makes us the 20%? We could always be confident that we are not the same as those losers(in markets) as we are smarter, wiser ... or whatever.

Understanding our own risk-appetite is another very essential in trading or investing. We may not know what it is to lose money in markets. Many of times we learn it the hard way. We wont listen to those so-called more experienced ones ... as we thought we are different(and smarter). So, we do not view risk as what others see it ... yes, we all are different and have different risk-appetite. If we take those high-risk speculative counters(stocks without much fundamentals and purely being pushed up/down for operators to earn huge money in shortest of time) ... then, it will be OK if we know our risk-appetite.

I still feel that understanding one-self is very much needed and we are all lacking in such. I could not claim that I have fully understood myself, but I do know the hidden side of myself, where I have not explore.

How do we explain why we are in stock-markets, knowing that 80% of them will be in the losers side? It is incredible ...

If I have the time ... I will be glad to have one-on-one appointment with traders/investors ... and ask them few basic questions such as "What makes you bein stock-market?" ... "How long have you been in stock-markets?" ... "Have you attended any training or those workshops?" ... "Are you in the top 20% winners as markets been bullish for 5 years now?" ... simple basic questions that need honest answers?

Yes, I do wish to do a simple survey ... and hope to publish my findings. I am very curious on how much we understood ourselves as we thought we do?

Back to my stillness ... as I that is what I like most. I like to sit on a place, facing a still lake ... for hours, reading a book or two, while playing those favourite sentimental songs. That is an ideal moment for me. Yet, it is very rare occasion ...

So ... is that what I really want? I do wonder ...


Stillness ... as I defined it ... sitting to watch sun-set or sun-rise ...besides the sea/lake/river. So, I will go to Sepang GoldCoast few times a year, to experience 'stillness'. Is that what I really want?

My mind is wandering ... and could not write. What I could think of is ... sea. I have wanted to retire nearby beaches and a small apartment in Sabah, by seaside. Perhaps, I will consider Kuantan or LangKawi too. Penang is too congested, too crowded for me.

I am dreaming again ...

TEH

Saturday, September 13, 2014

Trading Workshop 27th-28th Sept

Morning ... I am planning for a short 'compact' workshop for newbies/novices who wish to learn basic technical charting.

Contents : Price-Volume analysis .. candle-sticks reading. Trends, Support-Resistance ... indicators such as MACD, RSI and Stochastic. Money Management, Risk Management and Psychological of Trading.

Simple strategies such as "Breakout" and "Technical Rebound" will be shared too. There will be 'follow through' after workshop, to ask questions and in touch to learn show 'live' trading. We only learn well by taking real trades. Profit back from markets to cover the small fees.

Repeating : I hv even allowed my previous cohort-12 members to join, if they wish to repeat. They have joined my trading group and after 3 months or so, certainly they will have many questions to ask ... and that is how continuous learning is all about. It  should not be one-time blah-blah workshop!!


IOIPG : Recovering well ... a nice chart once break RM2.60.

Those interested, do contact me at cpteh@yahoo.com for details.

Thursday, September 11, 2014

Why using NTA as valuation?



Definition of 'Net Tangible Assets' 

Calculated as the total assets of a company, minus any intangible assets such as goodwill, patents and trademarks, less all liabilities and the par value of preferred stock. Also known as "net asset value" or "book value".

I do not know why so many analysts or retailers start to use NTA as a valuation-base. I used to heard of PER being popularly used, perhaps ... P/B too. But NTA? Why every tom-dick now talking about the NTA of companies when we are trading/investing? Who started the NTA game?

Even for property counters, they talked about HIGH NTA value ... therefore, it is under-valued. Anything to justify that the stock is under-valued?


This is LionInd ... with very high NTA. Will one consider her as under-valued? Not for me.

I do hope someone will come out and tell newbies that we do not use NTA to place whether a stock is under-valued or not. It is VERY mis-leading. Why those analysts want to mis-lead the trading public, I dont know.

But ... I want to let those newbies to know ... do not follow those NTA valuation blindly. Try to understand what NTA is.

Earnings (EPS) is much more important and should be emphasized.

Just my opinion.

TEH

Monday, September 08, 2014

We are Malaysians



http://www.themalaymailonline.com/malaysia/article/how-much-would-i-have-to-pay-you-to-say-melayu-bodoh-or-cina-pendatang-or-i




I was watching this short clip ... it could touch me, bring me to tears. There is hope for us, Malaysians.

TEH

Sunday, September 07, 2014

23 Things Only People Who Love Spending Time Alone Will Understand



1. A weekend in which you have no plans, no responsibilities, and nowhere at all to be, ranks as one of the best weekends you’ll ever have.

2. Sometimes friends will try to make plans with you and you have no reason to decline except for the fact that you just want to be alone that day. (Your plan is to have no plans, people need to understand that by now, right?)

3. A good album, book, or television show can keep your attention far longer than any party, club, or bar could.

4. Going away to a remote cabin in the middle of the woods to just exist for a period of time sounds like the best idea for a vacation that you can think of.

5. There is nothing more exciting than planning a long, solo road trip, because you know you’re going to be able to think your thoughts, listen to your music, and play your audiobooks for hours and hours on end. Is there anything better?

6. When people say they can’t eat alone at a restaurant, you’re like, really? That’s one of life’s simple pleasures! Food? Good. A book? Good. No conversation whatsoever? Perfect.

7. The worst trait any potential lover could have is “clingy.” You need your space like you need air to breathe. It’s essential. If they need to be around you all the time? Dealbreaker.

8. Even if you are attached, you carve out hours of alone time just to keep your sanity (and to keep your relationship healthy and happy, too).

9. The only person you’d ever consider marrying would be someone that also loves spending time alone, otherwise that thing’s never going to last.

10. If anyone that knew you were to describe you, one of the words they’d use emphatically to do so is: independent.

11. Your intuition is on point because you spend an insane amount of time alone and cultivating it. 

12. While people around you hate being single, you consider it such a joy to be able to be at the whim of your aloneness and this feeling is especially better if you live alone, because you have so much time to do all your little things that you do when nobody is around.

13. You’re always working on a project –usually something artistic– and you start to get antsy if you haven’t been able to work on it for a few days.

14. When you do hang out with people, you prefer seeing them one on one or in a small group. The more intimate and deep the conversation, the better.

15. You are an observer –watching and studying people’s behavior– and, funny enough, are usually quite well-liked, which can serve to be a problem considering how much time you want to spend by yourself.

16. A full day by yourself makes you feel more you than anything at all.

17. You tend to enjoy cold, rainy weather, as it gives you even more of an excuse to hibernate in your home and read, sit by the fire, think, curl up, write in your journal.

18. If you are not thinking about life’s big questions, you must be dead.

19. Because you put a premium on spending time alone, you are more present and attentive when you do spend time with people, because you don’t feel as though you’re missing out on time by yourself. 

20. You would much rather go on a hike or go to the beach by yourself than with anyone, which isn’t to say you dislike going with people, it’s just a more engaging experience when you do it alone.

21. Sure, it’s fun to drink wine with friends, but having a bottle of wine to yourself at the end of a long day? 100% perfect paradise heaven.

22. Traveling to a new place by yourself (even if the new place is only ten miles away) is your idea of a great time. You are always either planning a solo adventure, going on a solo adventure, or coming back from one. Experiencing the world through your own eyes without anybody else’s opinion is not just a desire, it’s an essential need of yours.

23. There is absolutely nothing that can touch the feeling of when someone cancels plans on you and you are suddenly left with surprise alone time. You’re all, “Oh good, more time to be with me!” and it’s truly an untouchable feeling of happiness.

TEH

Stock Analysis : Tommy Page

Let's say ... we heard of a name of a company. We do not know anything about it. We do not even know if it is public-listed ... or just a subsidiary? So, we want to look into more into it ...

GOOGLE.

Yes, the easiest way of finding more.

So ... I am looking for a person named "Tommy Page".

Ok ... he was a singer!! And more info could be found in wikipedia!! For investing, investopedia is one of the very good info-site to look for terms etc etc.

http://en.wikipedia.org/wiki/Tommy_Page

I do like Tommy Page's songs ... some, not all. The popular "A shoulder to cry on" is one of the most dedicated song during that year. What year? I cant remember ... wait, I will ask uncle GOOGLE.



From wiki 

When Page turned 18, he was asked to write the theme tune of the film Shag and later released it as his first single. Page's self-titled debut album was released by Sire/Warner Bros. Records in November 1988 and contained hits such as "A Zillion Kisses," "Turning Me On," and "A Shoulder to Cry On".

There you are : wiki said it is NOV 1988. So, will you take the word in total OR check again from different source?! You should!! Then, we could go to youtube and see if the song is uploaded? If no ... too bad ... go to 'Victoria Music Center' to check if they still have the CDs. Or search the www ... we might find something.

Wiki is kinda reliable, but if we get the info that a company XXX listed in KLSE or just a subsidiary, we SHOULD do another search. And if a borker report say "BUY", we should THINK and do much more homework.



The follow-up album, Paintings In My Mind (which was dedicated to his grandmother) gave Page his first and only No. 1 single in the U.S., "I'll Be Your Everything," a song that was written with and features New Kids on the Block. Other singles from the album that were released after that were "When I Dream of You" and "Turn On The Radio" (another New Kids on the Block collaboration). The album also featured "Don't Give Up on Love," a duet with Latin freestyle singer Sa-Fire. Sa-Fire & Tommy co-wrote the song, which was released as a single overseas. The two currently remain close friends.

Ok ... we read about the lines above, we may want to know more about companies "New kids on the block" and "Safire" ... these might be proxies ... might have similar shareholders and direct/indirect interest. What does that mean? Hmm ... as we are a total newbies, we might need more time to understand that and how it could relate to the company we are interested in, Tommy Page. By the way, I do like some of the songs by the groups.

Page's third album was titled From the Heart, and his vocals there showcased a wider range with higher notes than previous efforts. On this album, the ballads were more orchestral. Tommy cited the songs in the album were inspired by the current music trend of Wilson Phillips. The first single, "Whenever You Close Your Eyes," saw Page working with Michael Bolton and Diane Warren. "Under the Rainbow" and "Madly in Love" were released as singles afterward. As an appreciation to his fans in Asia, Page released another album, A Friend to Rely On. It contains the duet with Sally Yeh as mentioned above as well as a remake of Nik Kershaw's "Wouldn't it be Good" and a song penned with Donna DeLory (Madonna's backing singer) called "Heaven In Your Eyes." As house music was the current trend, the upbeat songs were produced in such form.

So, the third project the company Tommy Page involved in ... was inspired by Wilson Phillips. Then, we better check on the company named Wilson Phillips. Which sector are they in? Is that what Tommy Page has ... to model Wilson Philips? Can they succeed ... ?




Well ... Wilson Phillips being popular-ed by the product named HOLD ON.



Then ... they came out with another project of theirs, RELEASE ME. That is contradicting ... one moment, we supposed to hold-on ... the next thing we know that we are asked to release-me.  We could suspect that Wilson Phillips biz-philosophy is not consistent. Could Tommy Page modelling a not-so-right company for their 3rd project?!



yes ... the third project seemed to fail ... and Tommy Page was de-listed. He has not been active since then ... till ... 2010 ... he is still active behind the screen.

In 2011, after a successful stint as an executive at Warner Bros. Records, where he helped to shape the careers of Michael Bublé, Alanis Morissette, Josh Groban, and Green Day, among others, he joined Billboard Magazine as publisher. He held that role for two years and was responsible for the successful relauch of the brand. As a publisher he created new features such as the Industry Icon Award as well as the infamous Power 100 List. In April of 2013, Tommy Page joined Pandora Internet Media as Head of Music Partnerships. He leads the Artist Partnerships, Branded Content and Events Team. As of November of 2013, Tommy still performs concerts around the world. He performed two shows in Indonesia to a well attended crowd.

wow ... he helped to shape few large companies!! great person, indeed ... I mean, great company.




Thank You for reading my posts ...

Thank You to my aunt Sk for raising me up ...




And wake me up when September end ...




Hope we could have a Green Day ... err ... Green Month, I mean.

Conclusion : Tommy Page is not fundamentally strong company. It was IPO-ed well, shot up few hundreds percent ... and due to bad management and high gearing ... it was finally de-listed. Do our homework before we check.

Listen to your own risk (to your ear).

TEH