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Saturday, October 12, 2019

New blog (again)




as I have tried to move out from this blog many of time ... hope I m able to do that this time. haha.

go to : https://cpteh19.blogspot.com/

i might fail ... and come back here.

TEH

Tuesday, October 08, 2019

Giant waterfalls : BStad and SPSetia





SPSetia : At new low level ... bearish sector. Most property stocks are downtrending, anyway.
 In a month, SPSetia came down from RM1.45 to current RM1.35. Do the Math.


BStead : As I m writing here, BStead just went into a new low again ... at 96cents now. A month ago, it was at RM1.04 level ... and see how in a month, it is still dropping. Dont know why someone sent to me asking me if BStead a buy as it is under-valued? Negative PER can be under-valued? hmm

TEH

Sunday, October 06, 2019

Waterfall : LKL


Well ... so, the selldown is here. Time to go shopping? I closed my shorts and went long. Buying stocks too ... and we shall sell them of this week ... as the rebound is not sustainable, another selldown ison the way (for US).

I was typing KLK (i bought on Friday too) ... but ooopss ... fat fingers, I typed LKL instead. Let me check on her ... down to new low since IPO. Oh boy, what a nightmare for investors.

Today's dish  : LKL (code : 0182)


At 9 cents ... I was checking on her ... as I never heard of LKL. Normally, I only follow those newly listed ...uptrending (such as Greatec which I bought too). So ...LKL in which sector?

Sector : Medical


As I m searching the info ... I sent this to my group as I told them to AVOID all negative PER since 2016 as if crisis is comin to hit us, well ... we would see these negative PER counters might be de-listed or taken private cheaply.

If I want to attend their AGM (for understanding more of their biz), I could buy the minimum 100 units, right?

Ok ... just decide if we are investing ... dont buy-hold in 2019. If you are trading, dont bother these new low stocks.

Have a nice week ahead.

TEH



Wednesday, October 02, 2019

Oct 2nd : DOW minus 343


Morning to OCT ... good to see DOW minus 343 points ... and in right track for coming selldown. I can wait.

Nothing much for 1st day of OCT ... marking Q4 of 19 ... 3 more months to Wawasan 2020.

I dont read forums o watsapp/telegram messages ... away from the noises. I stay aside ... do short trades as we really see swing up/down.

One of the wrst type of traders you could find are those chasing hot and high stocks, stuck ... and averaging down.


Prlexus ... they accumulated at low ... then, the spike yesterday was to sell to those greedy newbies or retailers who ...will be stuck inside again, more joining the list of being stuck.

Most of those in forums and groups ONLY like to talk about winning trades and profits. Not many real traders around ... or even real investors. MOST of them losing or stuck ... and never want to understand WHY ...never really take a real hit on their own doings ... and hence, causing so much of pain, holding dearly to many stocks. WHY cant we have a platform to discuss what we should be doing with those stocks we stuck inside ... and critically but objectively think what we should do and hence, prepare for the crisis?

Some stocks will take years to ever recover ... if they ever recover. Some would be de-listed or taken cheaply when crisis is here. Do you own Math ... market no crash yet you crashed inside. When globally markets crashing ... do you think your stocks would go up .... or maybe, logically going down?


LHI : Down from RM1 plus ... yesterday done a short day-trade with her and good. Breakout is nice ... no sell, today red red pullback again.

No ...it has nothing to do much about the fundamentals of prices of eggs. Loooong term investors might check that as prices of eggs, oil and any commodities fluctuate ... and we cant relate them to the fundamental changes for short term swing in stocks.

Today is Q4 of 2019 ... we are at end cycle, awaiting for crash to come. Market hanging on ... but more stocks are in down trending , including LHI or Prlexus.

One may check their AR to see how many thousands of retailers stuck inside them ... I do check some of them and show it to my group. Well , at least they survived and not stuck up there ... as we learnt cutloss.

Well ... it is not 'nice' to talk about losses, I guess. But it is REALITY ...someday, we have to face it.

coffee-meet : If you are stuck up there, we can have a coffee-meet (on you, of coz) and we can discuss about your portfolios. I wont mind giving my opinions on them.

Time to jog. check later

TEH

Monday, September 30, 2019

End of Sept : Awaiting the selldown





Morning ... end of Sept? Good ... it is OCT soon, time to play ...haze is over?





UEMS : Taken from my facebook ...which I shown 'a chart a day, to keep investors away'.

Note : about 20k plus retailers STUCK up there, according to the AR18


AnnJoo : going to break that support and back to penny?


With property stocks at new low, we shall see building-materials such as steel-companies crashing down too.


Tasek : RM14 divide 4 = RM3.50 ... can I by there? The recent spike-rebound due to news of YTLCement entered into LaFarge(M).

So ... it is end of Sept.

If property sector is going to bottom out in 2019, it is time to INVEST (buy to hold?) in stocks such as UEMS or AnnJoo?

Those stuck up there, cant help much. Those in cash positions, will you buy?

TEH

Tuesday, September 24, 2019

Do nothing week : Awaitin' for sales


Morning ... DOW flattish last night but currently DOW futures up 100 points.

Repo Market : it seems that they will be pumping in USD75b into the system for two weeks. wow.


Bursa : weekly chart ...  back to my cost price, if I didnt sell her off for profits. I sold her way too early actually as it went to RM7 plus. haha



BStead : someone asked me about this one ... used to be large conglomerate ... linked to gov ... now, bleeding (check their NEGATIVE PER ... and also their cashflow) ... you wont want to buy-hold and invest in her. Any buying into BStead now is called speculation ... and those stuck up there, is called 'accidental investors' ... anyway, i will check the price actions and see if I could day trade.

note : can see the 20MA is a strong downtrend resistance ... so, WHY buying downtrending stock which losing money? hmmm

9.50am ; suddenly KLCI down 7 points, good for my FKLI short and those like me in cash ...awaiting for sales.

I m waiting for 1580 to break ... all the way t 1520.

Wait ... in a mean time, go shopping mall lepak (unless anyone which to treat me coffee ... lets chit chat)

TEH


Monday, September 23, 2019

23rd Sept : One week to go


Monday ... good day as Liverpool played 6, won 6 of their EPL. But the haze still bad ...

HSI-f : In the morning opening, it gapped up 200 plus points, and I took another short. Now it is slightly late and I could do well with the short ... remembering the 1000 points surge recently.




Repo-market : Over the weekend, I shared with my trading group ...to learn something 'new' for many newbies there. It is on-going last week in Wall Street, fyi.

To join my trading group : e-mail cpteh@yahoo.com or message 012-8210129 (NO, it is not free ..not those noisy forums ... it is for checking my tradings, trading ideas and learning ....lots of learning for newbie)

facebook : https://www.facebook.com/cp.teh.9 or send a message to me in FB messager.

FCPO : still holding to short and short on rebound trading idea. Any other things are noises.

FKLI : this is trickier ... as local funds still supporting it to be at range 1580 - 1600 range. Can short it as DOW/SP500 at new high and potentially pullback


BIMB : downtrendin now ... done so well, moving in tandem with Takaful. Now, as trader ... we try not to trade these downtrend ...drifting low chart.

Sept : I have asked many to SKIP trading in Sept, unless you are do short term trading. Wake me up when Sept ends ..just one more week t go.

In cash : Besides shorting FKLI/FCPO/HSI/SP500 ... i m in cash, awaiting for Deepavali sales ..or perhaps Christmas sales ... I can wait.


so ... all the best for those stuck up there, averaging or still believing in 'value investing' which wont work since 2016 (end cycle of markets, dont talk about low ... as it would go lower)

TEH