Wednesday, July 31, 2013

KLCI down 20 points

Top-losers in KLCI (lunch break)

1.HLBank - 2.68%
2.MayBank - 2.64%
3. UMW - 1.97%
4. TaAnn - 5.78%
5. Takaful - 2.64%
6. PPB - 1.32%
7. DKSH - 3.41%
8. Bursa - 2.26%
9. MISC - 3.03%
10. RHBCap - 1.99%

KLCI at 1777 level now. I was busying queueing this morning when it was dropping 18points.

Please go to http://www.tratles.net/ for updates or analysis. There will be less postings here.

TEH

Saturday, July 27, 2013

Are we under-paid?



http://www.tratles.net/2013/07/27/our-incomes-are-we-under-paid/




So, are we under-paid?

YES, I am under-paid ... I am under medium-lower income bracket!!

If the answer is YES, we are under-paid ... there are only two ways about it, either u increase your personal income by doing second-third jobs or reduce your expenses-expectations.

TEH

Friday, July 26, 2013

Off day : KLCI to retrace?

Today is off day for Selangor state ... but i had hours of classes. back to rest. KLCi still staying flat.



Facebook : Shot up 25% last night ... new high. wow.

Last night, after hours of classes, feeling extremely tired ... i attended a property talk. A 'young' guru ... a multi-millionaire property giving great discounts from RM8k to RM1.6k for his one day workshop on how to profit 100% from property-investments!! There are few registered!! 


Still need to maintain sane, positive and be resilient. 

REITs :  http://www.tratles.net/2013/07/25/reits-under-attacks/

Interesting to read on WHY REITs having a sell-off ... no longer good enough?

TEH


Wednesday, July 24, 2013

KLCI above 1800

Yesterday was a busy day ... and a good day for two of stocks : Sunway and TDM.


KLCI : Staying above 1800 .... closed 1805, checking the high 1827 level. A correction is expected as it is going into overbought region now.

TDM : Many sold TDM above 90cents as it shot up hugely. It is my position-trading stocks, bought before it split. Then, after split(x5), it came down below 80cents(=RM4). At 90cents, it is actually at RM4.50 ... and we are seeing RM1 which is Rm5, ok? Many retailers might forgotten that the price is adjusted(with div too). So ... selling above 0.90- RM1 is a good trade for many of us.

Do go to http://www.tratles.net/2013/07/24/stock-analysis-tdmcode-2054/ for analysis and updates, as I am keeping tracks of my trades in my site.

TEH

Monday, July 22, 2013

Monkey See, Monkey Do

KLCI breaching 1800 today ... IHH up 2%. Some telcos also moving.

Tenaga : It is time to clear her and let her to rest.

Maybank : Still showing strength, so to hold.

Bursa : Up again today ...

I am having a new bacth of student ... MOE, Maybank, BNM scholars students ... SPM 9-A-star above. Most studious type ... and majority Chinese. Do not expect anything less from these students ... they are the 'cream' when it comes to ACADEMIC ... given a task, expect them to complete it above normal expectations. They have to maintain their good results, to be able to be fully-sponsored ... and going into top Universities around. Amazing batch ... intimidating for those in-experienced lecturers to teach them.

So, instead of teaching them boring stuff like "Normal Distributions", I prefer to teach them WHY majority of human are NORMAL ... and being normal is OK, but not good enough to success in anything!! We can't do what others doing, and expect success ...? We need to define our own success, our path ... goals and just do it. We could learn from those who successfully done it ... and emulate their points or attitudes.

So ... I will be sharing with them 'Monkey See, Monkey Do' concept to them in next class and asked them to 'goggle' to read about it first. That is their first MATH assignment!! Haha



Monkey See Monkey Do

1. Start with a cage containing five apes. In the cage, hang a banana on a string and put stairs under it. Before long, an ape will go to the stairs and start to climb towards the banana.

2. As soon as the ape touches the stairs, spray all the apes with cold water. After a while, another ape makes an attempt with the same result - all the apes are sprayed with cold water.

3. Turn off the cold water. If, later, another ape tries to climb the stairs, the other apes will try to prevent it even though no water sprays them.

4. Now remove one ape from the cage and replace it with a new one. The new ape sees the banana and wants to climb the stairs. To his horror, all of the apes attack him. After another attempt and attack, he knows that if he tries to climb the stairs he will be assaulted.

5. Next, remove another of the original five apes and replace it with a new one. The newcomer goes to the stairs and is attacked. The former newcomer now takes part in the punishment with enthusiasm.

6. Again, replace a third original ape with a new one. The new one makes it to the stairs and is attacked as well. Two of the four apes that beat him have no idea why they were not permitted to climb the stairs or why they are participating in the beating of the newest ape.

7. After replacing the fourth and fifth original apes, all the apes which have been sprayed with cold water have been replaced.

Nevertheless, no ape ever again approaches the stairs. Why not?

BECAUSE, that’s the way it’s always been done around here.

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

http://cpteh.blogspot.com/2011/05/monkey-see-monkey-do-1.html

Read the above, absorb it deeply ... THINK. Why in investing-trading we should NOT follow the crowds?

TEH

Sunday, July 21, 2013

A very long week

It is Sunday night ... finally, taking a rest ... listening to Sky Wu's songs ... before sleep. serioulsy tired and need a rest, before another very busy days ahead.



Yesterday I had my cohort-10 ... sharing about basic things such as importance of price-volume and support-resistance. Many 'young ones' there. A person really travelled from Seremban to attend my simple course. So far, they are happy with what being shared and motivated to learn. I will always begin by telling some truth ... trading is tedious and difficult!!

Anyway... checking on some of my trades ...

I have taken MayBank and Tenaga trades(given to my stock-watch to buy mommy) ... trading some call-warrants ... Maybank-cw and Maybank-cy. As for Tenaga, I went for Tenaga-c2 and Tenaga-c3. As for next week, I will be looking at Bursa ... breakout ... and 3 call-warrants to watch.

Tebrau flew off ... given 2-3 weeks ago. WTK going higher ... making those in my SW-group happy.

Do visit me at www.tratles.net for my posting on TM ... yes, telekom which dropping so nice leh.

night

TEH


Saturday, July 20, 2013

KLCI testing 1800

It is Saturday ... had been very busy and hectic for whole week. It is very tiring days .. and have a luxury of 2-3 off now is good. Just finished a tuition-class(for Math) and will be having my cohort-10 trading workshop today ...

How time flies ... it is the 10th batch now. I have limited it to max of 10 persons per session. And I have also compact it into stages : Stage-1 : Learning of basic technical-charting in two consecutive Saturdays and if those who wish to continue will proceed to learn Stage-2 : Trading strategies and psychological aspects.

Stage-1 : Will start today, 20th July ... and also 27th July. Today, I will be discussing about price-volume actions, support-resistance and indices. Next Saturday will be going into indicators like RSI, MACD and Stochastic.

Stage-2 : Trading strategies, investing idea and managing risk. Will share about psychological-aspect of trading. This will be a two-sessions module too.

Teaching is still my passion ... and with that, I will continue to teach. So, as long as I could teach(math or trading), I will be glad ... :)

KLCI seen a string surge, with Tenaga and Maybank pulling the index. Well, I was trading Tenaga-c2 and Tenaga-c3 ... while managed to sell off Maybank-cw yesterday done at 0.290. I bought it back(for forth time) at 0.255 2 days ago, told the whole stock-watch group. I will write more about these analysis in www.tratles.net ...

So, what am I going to blah-blah today?

M+ : I opened an a/c with them this week ... and went to a talk(banking and plantation) at M+ ss2 with few of tratles last night. Interesting speaker ... and glad I went. It was over-crowded in a small room ... and many old-people there. I am not so sure if they could understand what he is presenting as ... he did not really give any tips on stocks. Just stating that if the loans continue to decrease, interest rate to increase, the credit squeeze will hurt businesses, housing loans ... and in general, sell banking stocks!! Also ... he is bullish in plantation(I am too) and said upstream players will benefit from the recovery of CPO. Well, he did use the correlation CPO vs Crude Oil. Crude Oil at USD105 above now, so we are anticipating CPO to move in tandem. Oh yes .. interesting fact about WHY China is buying oil-palm from Indon.

Going for market talks are encouraged, especially if one is young, newbie-novice and not from financial background. That was how I started ... gathering information from the talks. I will not miss any talks back in KK. But, now ... since I am too occupied, I could not attend most of the talks. Saturday is out ... Sunday is my only 'rest' day(even that I do have 2-4 hours of tuition).

So, I will definitely encourage many to attend those talks. They might be trying to sell you their services, products etc etc ... it is ok, no obligations. Just go to listen to gather knowledge. Each time I went for a market talk, I m sure to be able to pick-up some of the pointers there. Seriously, we could always have something to learn ... market is too huge and wide..

http://www.palmoilhq.com/

That is the link to palm-oil ... one may do some research on plantation-counters. We could see 'suddenly' TDM shot up ... or Cepat activated. Take your pick ... and will one buy to hold till recovery?

will continue my blah-blah later ...

Have a nice weekend

TEH

Thursday, July 18, 2013

Selling time ... again



do visit the tratle-net site :

http://www.tratles.net/2013/07/16/stock-watch-presbhd/

This was given yesterday when I grabbed Presbhd due to breakout at RM2.07, it closed at Rm2.20. Great trade.

I have been buying a lot recently(1-2 weeks ago) and selling more today.

Hapseng : Many in the stock-watch group bought with me at RM1.96-1.98 and sold 2.08-2.09 today.

Sunway : Bought at RM3.20 and sold today at RM3.33. The Sunway-OR is trading for second day. I do still have Sunway-wa at 88cents which I am going to sell tmr.

Cypark : See if it could break RM2.13 tmr ... and will be another candidate for me to sell.

Tenaga-c2 : Given to my stock-watch but not many dare to touch ... bought 0.34-0.36, sold 0.37-0.39 today. At least some of them bought into mother, Tenaga. We shall see RM9 soon.

Dayang-cf : What a waste as I bought at 0.325 ... sold at cost price days ago ... it shot to 0.395 today. Someone in my stock-watch happily sold off today. Daring ...

TDM : A sudden shot-up ... sold partial at 84cents.

Just had an e-meeting with the tratles-group ... tired.

cohort-10 : last call for those who wish to join my trading course this Sat.

Night

TEH












Tuesday, July 16, 2013

Reviving tratles.net

Morning ... ... a loooong week for me. KLCI down little, recovering well.

Watching MayBank to break RM10.50 and Tenaga to continue the uptrend. Well, SKPetrol should recover from here too ... so, the three big-giants moving the KLCI.

http://www.tratles.net/2013/07/14/skpetrol/

Finally ... after some hiccups ... and after hibernating for 1st-half ... I am waking up tratles.net again ... see if I could have the stamina to last ... haha. The issue is the TIME. I do not have the luxury of TIME ... always in the rush for classes!!

And now ... I need to go again ... will try to update my trades and analysis in weekly basis, this blog will be used to write more blah-blah.

Morning ... The above was written yesterday morning. A crazy trading day, indeed. While I sold my two Ps ie Pharma and Pantech for profits, I bought into BJToto at 4.25 as today it will be ex-div of 4cents. Also, I bought Sunway at 3.20 in the morning, it ran to rm3.30.

Anyone catch MyEg? Amazingly, I got to know that there is one more person bought into her since last month when I recommended my 3M( Malton and MRCB) and still holding to her. Wow. That is one great trade. These were given openly to all ... The 3M in trading. Well, It is for Methods, Managament and Mindset, actually.

I will be back to having trading workshop for newbies this Saturday, my cohort-10. So, those interested still can contact me for details. It will only be two sessions on 20th and 27th July.

It is interesting month ahead in August ... as tratles are coming up with something for our members. We do still have members working together to benefit each other and I m glad that many still with the group. We will be making it a profitable group, learning and sharing.

I will write about my two Ps tonight after classes. I do have classes till 10pm today.

Last night, I was with my e-sock analysis group, a group of traders learning through online with me. Many have been with me for a year now. I was sharing about 'position trading' where one could accumulate a good stock before any positive developments being announced. Last year, many in the group bought into mphb, knowingly that magnum will be listed. It came all the way down and during CNY this year, a sharp dive ... Presenting opportunity to buy hugely into it.

Position trading is good for many of us, busy ... plus not following the so-called news, noises around and ignoring the market.



Earn :

Keep :

Grow :

Protect :

These are four pointers I gathered from yesterday's clip. I posted in my Facebook. Will write about it, but don't know if I could find the time?










Sunday, July 14, 2013

Struggle to own property

It is 10pm ... Sunday. I have been working the whole week long, and it is tiring.


http://www.thestar.com.my/News/Nation/2013/07/14/Dad-dont-kick-me-out-yet.aspx


The last few years have seen young professionals struggle to own property. Now with rising house prices and a shorter home loan repayment period, some say it has become an impossible struggle.

WANTING and actually being able to afford your own place are two very different things.

With the oversupply of high-end condominiums shadowing the property market, fresh graduates and young professionals may have to either send out an SOS to their parents for cash or live at home because having “my own space” just got a little tougher.

 Fresh graduate K.T.S. Chua, 23, who recently took out a RM30,000 personal loan to start a hotdog business, is relieved at narrowly missing the July new personal loan cap ruling but the shorter home loan repayment period has dampened the budding entrepreneur’s plan for a bachelor pad.

TEH : Taking personal loan for a hot-dog biz is very risky, in my opinion.

 He currently lives at home with his parents and two brothers.

“I was looking to get a place of my own; unfortunately, the new ruling will gravely affect my plans to purchase a home. Without the new cap, it is already so hard for me to buy property and I will have to put it on hold.

“Needless to say, I am really concerned about the higher monthly repayments and qualifying for the housing loan,” he sighs.

Most of his friends who have just started working are “fuming” over the new ruling, the Penangite shares.

Unless you are from a rich family, plans of owning a home will have to be put on the back burner, they feel.

“Those from wealthy families can ask their parents to support them in purchasing a house. But I think it’s safe to say that many more fresh graduates will be staying with their parents until they are more stable and able to move out on their own,” he says.

At the end of the day, he cites high property prices as the biggest problem, not the new ruling.

He laments how property prices keep increasing but the salaries of the fresh graduates and even those who have been working for years have not.

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


Lecturer Cheryl Withaneachi, 30, agrees.

The Teluk Intan lass, who currently lives in Petaling Jaya, says the new ruling makes it difficult even for professionals to consider buying a house.

On top of rising house prices, the situation becomes practically impossible, as though housing is only meant for the urban rich these days, she grumbles.

She says that with higher repayments, it would be more practical for her to continue renting despite having “seriously considered” putting the monthly rental towards purchasing a house.

Cheryl started working almost eight years ago and is currently renting a house for RM1,500 – not inclusive of utilities which, she says, is pretty high.

TEH : As lecturers, we could NOT afford to rent a house of RM1,500, ok? Unless you are sharing with few others. If one has a family ... like mine, I rented RM800 per month when I first came back to KL. Then, I rented the current place for RM600 before bought over this current apartment(low-medium cost). We need to be realistic and prudent. Be frugal.

“Many of my friends who are around my age cannot afford a house and this is not only due to the ruling of late but the exorbitant house and apartment prices.

“I dread to think how fresh graduates or those who do not earn very much cope,” she says, adding that fresh graduates who are based in the same location as their parents will definitely opt to stay in the family home due to the increasing living costs of transportation and housing.

“The rest of us who are not from the city have no choice but to struggle.

“The only way to buy a house is if it is jointly bought. So if you are married, the combined funds allow for more flexibility to purchase your first home but in my case (being single), it is a whole different ball game,” she says, before calling on the government to look into house prices, instead of car prices, as a person can live without the latter.

TEH  : Our gov will NOT reduce our cost of living. We were told to change our lifestyle ... as if we have much extra cash to spend lavishly. So, please do not harap our gov to do anything much for their rakyat. Bear in mind, we are in HUGE debt. If the control is not there, it will hurt our whole financial system ... and of coz, we will be hurt much more then.

 “Paying through our nose for accommodation without actually owning the property is painful,” she adds.

Got to try out to post in www.tratles.net

Do visit me there.  Night

TEH

Thursday, July 11, 2013

Bull Day

It is 7.30pm ... I am still going to have a class at 8pm. It has been such a loooong day ... feeling tired. Many of times, many asking if I am tired ... of coz I am. Aging ... lack of stamina ... lacking of good sleep ... I am tired.

Next month is the exam month again ... the crazy setting of papers, marking ... invigilation plus new classes. Oh yes, next Sat, I will have my cohort-10 trading-class. That will add into my workloads ... and I do wish to rest ... say, end of August?

KLCI up 12 points and I missed the show today as I m too busy with classes. Tmr will be another very long day till 10pm again. No joke ... it is a daily routine, working from morning till night!!

Axiata and Tenaga pulling KLCI up ... sold off my SKPetrol(cw) in the morning. Glad it was done! But the loser is TM ... trading at RM5.38, touched RM5.36. Wait for??

So, what is coming down sharply? Eastland ... going south. It shot up due to some speculation news to trap greedy retailers ... and can't run today. Puncak is another crazy shooting-up stock that most people will talk about. If we do not wish to ride on such crazy rollercoaster, we could look into some less volatile counters, to trade.

Alright ... time to catch short 10minutes nap ...

Will try to write ... during weekend.

Have a nice weekend ahead.

TEH

Wednesday, July 10, 2013

Profit taking time?

Market rebounded well after dropping around 10 points that day. Up back to 1768, time to take some money out. I have sold all my 3M.

MRCB : Not performing well, at 1.62 high, there is some profits I did not take and it came back to my cost price. I sold it off.

Malton : After shooting a high 0.885, I sold all at 0.86. Today at 0.84.

MyEg : The best performer of the three ... sold, buyback ... and sold all today at 1.89. Musical chair is going to stop soon. Dislike the risk. Just need to take some money off the table as I saw weaknesses in market at the moment.

All these told to my stock-watch group 'live' so that they could do whatever decision they think best, to follow to take profit or to wait higher? I do know some who bought into her when breakout 1.70 still holding at current 1.85 levels.

AAX : Welcome airasia-X ... not taking off? RC : Quite some time I did not check on active counters ... and saw some RC's counters there, someone playing on them again ... to me, it is a trap. I will not go ...

Harta-wa : Bought 2.40 ... no volume, sold yesterday .... 2.49. Don't know who bought all at 2.49, it jumped. Today Harta is down ... so, Harta-wa at 2.35 ... and will buyback at RM2.25 levels, then ... wait.

YSPSah : Crazy up-down ... low liquidity, bought at RM1.35, sold RM1.50 done yesterday ... it went to RM1.55. Today it is down to RM2.43 ... well, do read about the dividend. So, we could profit from the dividend-play. I am going trade more on such movements ... when craziness coming, sell.

No time to blog at all ... classes from morning ... till nights. Exams is next month ... so, will be very busy till then.

Will update in my tratles.net once the set-up done ... still testing out the new lay-out.

Thanks for reading.

TEH

Monday, July 08, 2013

The M list

3.45pm : KLCI retracing further after lunch ... minus 7 points now, and banking-financial stocks being hit by BNM measurements.

Some of the M in the list

Maybank : I sold last Thu when it was at RM10.50, seeing that as resistance, and finance-index reaching resistance too. I do not buy the heavy Maybank but two of the call-warrants. Today, Maybank retrace to RM10.30 ... so, it Maybank back to RM10, that will be a nice level again to grab some.

MBSB : Due to the loan-restrictions, it is coming back to RM3. I do think it will be risky to buy MBSB at the moment.

MPHBCap : At 1.40

 


Magnum : At 3.76 today, dropping 6cents. Do buy in stages ... high at 3.90 ... so, maybe collect when it retraces 10%.

Malton : Hit low 0.845, at 0.860 ... time to take profits.

MyEg : Still standing good ... but time to take profits too, breakout of RM1.70 last week ... RM1.80 is a good level to clear off.

MRCB : Down to 1.57 today ... hot-stock ... Gapurna-PKNS tussle. Worth watching.

MMCCorp : With the listing of Malakoff, this crony company with high-debts could possible pare down their debts. Well, that is considered 'positive' ... if they want to write a good report on her? haha. That is stock-market ... always got three-sides of stories.

Muhibah : Still shooting high ... for the sky. Does anyone remember when it gapped down to go below RM1, when the loan pulled out by CIMB? That could be a buying point. At RM1.90 ... is it still cheap? really? Do check Favco ... from the point I shared here, it was RM2.42 ... today ... it went Rm3.50 ... craziness is acceptable in stock-markets.

MahSing : I do like and still watching MahSing ... and still have not bought back the baby.

MBMR, Masteel, MISC, Maxis, MNRB, MKH, MudaJaya, Maybulk, MKLand,  ... well, MAS ... are few more in the list.

MEGB : It has been loooong time I do not check on the master-without-skills ... but today shot-up(do read on the why before buying la).

cohort-10 : The trading class will resume and start on 20thJuly and 27thJuly. Those who wish to learn some basic charting skills, do contact me at cpteh@yahoo.com

ok ... time to watch market closing.

TEH

Sunday, July 07, 2013

Can I still save with a RM3000 income?




obviously, NO. With wife not working, 2 young kids ... and being just a lecturer, I do not think so a normal person could 'survive'. There are many flaws in the breakdown above ... but let us use it as a reference.

Note : I have updated my 3M stocks, Malton, MRCB and MyEg. Do check.

Will update later,  ... need to go for lunch and classes.

TEH

Saturday, July 06, 2013

New rules for property buyers





From http://www.thestar.com.my/News/Nation/2013/07/06/New-rules-for-property-buyers-Bank-Negara-aims-to-help-reduce-household-debt-with-stricter-lending-g.aspx 

PETALING JAYA: Property buyers will no longer have the option to take loans for longer than 35 years. Anyone taking a personal loan can now only do so for a period of up to 10 years.

TEH : This doesnt affect me much now ... as I no longer eligible to take 45yrs housing loan, anyway. Being nearing 50, how many more years are we allow to take housing loans? Well ... i will be taking another housing loan, planning it next year ... and with 10yrs-15yrs housing loans, the installment will be VERY high.

These are new rules set by Bank Negara with the aim of helping to reduce household debt in the country. Before the new caps, property buyers could take loans for up to 45 years, while personal loans could be paid back over a period of up to 25 years.

Bank Negara is acting because Malaysia’s household-debt-to-Gross Domestic Product (GDP) ratio is a high 83%. It is the highest in emerging Asia.

The stricter lending guidelines also saw the central bank prohibiting the offering of pre-approved personal financing products.

These new measures to tackle household debt will also be extended to all financial institutions and credit cooperatives regulated by Bank Negara, the Malaysia Co-operative Societies Commission, Malaysia Building Society Bhd, and Aeon Credit Service (M) Bhd.

Note : MBSB and AeonCr

All these institutions will also need to follow responsible lending limits. New borrowers, especially those with lower incomes, can only take on debt amounting to 60% of their monthly take home pay.

The new limits will not affect loan applications made before yesterday.

Bank Negara governor Tan Sri Zeti Akhtar Aziz, in a briefing yesterday, said the household debt was not yet at an alarming level, but based on present trends it would eventually be so. Extremely long property loan periods “encourage excessive debt accumulation by households and increases the vulnerability of this (the household) sector,” she said.

Industry players said the measures would have a limited impact on the property market because the older generation of Malaysians had already bought into the property cycle.

They said the latest caps would mainly affect the younger generation.

“They are the ones who will need loans with the extra tenure, not the older generation who are mainly able to afford (higher monthly repayments),” said IOI Properties’ director Teh Chin Guan.

“In the short term, the level of affordability for the younger generation will be lower at today’s prices,” he added.

Elvin Fernandez, managing director at property consultant Khong & Jaafar, said these moves by the central bank should be applauded because property loans with a tenure of more than 40 years was not advisable.

Real Estate and Housing Developers’ Association of Malaysia president Datuk Seri Michael K.C. Yam believed the measures were a “good pre-emptive move because Malaysians are not very disciplined when it comes to these matters”.

“In other countries the maximum tenure is usually 25 years or until the person reaches the retirement age of 55,” he added.

Federation of Malaysian Consumers Associations president Datuk Marimuthu Nadason also supported the new measures. “But I urge Bank Negara to work with civil societies like us on financial literacy education, which Malaysians sorely lack,” he said, pointing out that 51 people were declared bankrupt daily in the country.

Korisatan Karu­ppiah, Penang Consumers Protection Asso­ciation president, said borrowers should be allowed to repay their loans ahead of schedule, without penalty.

“The lenders argue that they have already made plans with your money over the tenure you agreed with, and that paying back the sum early affects their plans,” he said.


He said the penalty was a fine, of between RM10,000 and RM35,000, depending on the size of the loan.

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

will comment if I am free to blog ... also, wonder how far these measurements will affect some of public-listed companies ... especially the property-stocks?

TEH

Stock Analysis : Malton, MyEG and MRCB

These stocks, the 3M theme were give to my stock-watch.



Malton : By using RSI ... selling is when stocks are overbought, and buy when stocks oversold. I will be selling around 93 cents. More upside seen.



MyEg : Breakout of 1.70 ... it is a breakout-buy ... for short trade. RSI at high level, be quick to get out if RM1.68 cut-loss broken.



MRCB : The chart is nice ... showing strength to move to RM1.65 levels. So, I bought when it moved ahead of 20MA ... but the reducing volumes need to be watched closely for profit-taking.

Note : all my 3M in paper-profits, with Malton the best performer so far. good.

just came back from tratle's meeting ... a good talk today, sharing about Scable-or and upcoming Sunway-or. Also, introducing warrant's trading to some of newbies, with many experienced ones to guide them.

Need to rest after whole day ... and will update the charts. Do check at www.cpteh.blogspot.com

e-mail : Will try to reply some enquiries about my trading group --- stock-watch and tratles-group.

Tratles.net will only be functions next week ...

night ...

TEH

Thursday, July 04, 2013

Nothing Else Matters





"Nothing Else Matters" by Metallica

So close no matter how far
Couldn't be much more from the heart
Forever trusting who we are
And nothing else matters

Never opened myself this way
Life is ours, we live it our way
All these words I don't just say
And nothing else matters

Trust I seek and I find in you
Every day for us something new
Open mind for a different view
And nothing else matters

Never cared for what they do
Never cared for what they know
But I know

So close no matter how far
Couldn't be much more from the heart
Forever trusting who we are
And nothing else matters

Never cared for what they do
Never cared for what they know
But I know

Never opened myself this way
Life is ours, we live it our way
All these words I don't just say
And nothing else matters

Trust I seek and I find in you
Every day for us something new
Open mind for a different view
And nothing else matters

Never cared for what they say
Never cared for games they play
Never cared for what they do
Never cared for what they know
And I know

So close no matter how far
Couldn't be much more from the heart
Forever trusting who we are
No nothing else matters




http://www.metallica.com/tour/aug-21-2013-kuala-lumpur.asp

really hope I could put everything aside ... and enjoy myself!! Nothing else matters ...

TEH


Stock Analysis : Favco and Faber





Faber : So, we are seeing ... going to break RM1.85 high? well ... the black candlestick today not so nice ... but those taken position last month when I share here with all, and some in my stock-watch still holding to her ... should be doing well.



Favco: Traded few times now ... given to the group around RM2.45 ... but dont know how many bought and still holding. I sold at RM2.98 ... parked in the morning, too busy ... and it was done. It is reaching new high now ... thanks to the announcement yesterday about ... err ... go to bursamalaysia.com to check the news, ya. Failed to buyback.

Will check on them closely to take trades again ... sometimes, if the uptrend is there, we just need to ride on it and not to worry too much about other trades. Be focus ... learn to read simple charts and market sentiments ... we shall be doing well.

I have a good testimonial from a member today ... and he appreciated my efforts in guiding him. That is satisfaction ... in teaching. Priceless.

Great day ahead.

TEH

Tuesday, July 02, 2013

Stock Analysis : UOADev and HuaYang


I bought into these two last Thursday when signals are there ... so, I posted in my stock-watch ... just informing the group I am buying hugely into them. Hope some of them taken positions and profit from that. A good trade is enough to pay for more than half-year fees. Great.



UOADev : Bought on Thu at RM2.26 and RM2.30. Sold hallf last Friday at RM2.39 but the resistance at RM2.45 ... it was a black candle yesterday formed, so I exited all at RM2.38-RM2.39. It touched RM2.43 this morning ... at RM2.40 as I am writing.



HuaYang : Bought at average RM2.80, sold part at RM2.88 done today ... was queueing at RM2.89 last Friday and yesterday. It surged today ... great trade. I do keep another half to sell when it hit my next resistance at RM3.05. Well, I won't be chasing if I m not in positions. Many of times, I bought first ... anticipating a surge to sell. Great.

To see what I m trading, do join my stock-watch. To learn how to trade using simple technical charts, do join my trading class

cohort-10 : I am planning a trading class for those who wish to learn simple basic technical charting on 20th July and 27th July ... 2.30pm to 5.30pm. It will be a two 3-hours sessions. Yes, it is very 'cheap' and certainly worth the money.

e-stock analysis : This is for those staying 'far away', analysing charts thru online. The existing group is full and I am planning for second group next month(starting AUG 6th). If I have the number I will start ...otherwise, it will only in KIV.

warrant-talk : This Sat talk not getting a good response. Only few asking ... and I m not sure if I will continue the idea to share how to trade warrants. Well, will only decide this thu.

So, if you wish to join my trading group ... contact me at cpteh@yahoo.com

6.30pm : I have sold all HuaYang at RM3.04 ... many of my tratles sold too but at different levels, the best is RM3.05. Many in my stock-watch group sold for profits too.

Have a nice week ahead.

TEH

p/s : My site www.tratles.net is under-repair. Soon ... all the analysis here will be shown there. Do note.

Monday, July 01, 2013

1st July : Property Stocks

4pm : KLCI recovering from after lunch... in slight green now.

Property-counters are getting hit again ... don't know if because of DIBS or any other latest development. Lets take a look at some of the down counters today :--

Cresndo

Glomac :


GOB : Gapped down ...



Malton : Broken 20MA today, way down to go ... checking 0.74 level. It has moved up strongly hitting above 90cents. The risk of penny-stocks.



SPSetia : Broken RM3.30 today. This will be a good stock to watch. Recently, when it dived due to funds selling(taken out of MSCI) and hitting RM3 level(this chart is adjusted of 9cents dividend, so the low now is RM2.90) ... that was a BUY CALL I have given to my stock watch. Many bought at RM3 ... but due to election-fear, I have cleared for small profits. It hit RM3.90 above ... and at RM3.90, it is obvious a SELL due to the price bought by PNB(end of Sept 2011).

So, the way it dived is an opportunity again. Need to check for technical rebound. I will use this stock as a reference for tonight e-meeting, to explain how we could profits from such level.



Sunway : Supporting at 3.40 now ... right-issues.



UEMS : Recently UEMLand re-branded ... into UEM-Sunrise. Well, for those been in markets and following for past 5 years, we could recall that UEM merged with Sunrise and became a larger entity, mainly for the Iskandar Projects. Sunrise, the well-known high-end property developer, especially at Mt Kiara ... was one of a good property stock I was tracking. So, in a way, I do like UEMS, for their exposure in Iskandar property-constructions exposure ... and the huge land-bank UEMLand owning.

This is also the largest market-cap property counter traded in KLCI ... index-linked and GLC. It came from RM1.60 to current RM3 plus. So, do grab some if you see it dive to RM1.50 again?



YTLLand : Shot up 50% after election ... too fast, too furious. So, the drop is sharp. Today it close at RM1.05, and we will only check on her at 95cents again. Technically, we don't buy into down-trending counter. So, avoid and wait. If one is stucked somewhere 'up' there, wait for 95cents ... and see if you wish to average down. But, once 95 cents broken ... it will take another property-rally to push it up. MRT-news? Privitisation-news? These news needed to push up the stock again ...

Will update the charts after market closes later ... those in i3 need to click on go to click on my blog to update.

Note : Do join my stock-watch group for further analysis. Contact me at cpteh@yahoo.com

Thanks

TEH