Tuesday, April 16, 2019

Crashing stocks : Energy sector

Quiz : How many stocks are trading 50% below their peaks?

To be organized ... and to answer this, we should check them by sectors.

Energy Sectors (32 stocks found)

start with negative PER stocks which we are NOT supposed to buy-hold ... and they SHOULD be trading 50% below their peaks

The X-file (10-year chart)

1. Alam
2. Daya
3. Perisai
4. Sumatec
5. Velesto
6. Carimin
7. THHeavy
8. MHB
9. Reach
10. Penergy
11. Perdana
12. Handal
13. Scomies
14. Barakah
15. Coastal
16. KNM
17. Armada
18. Scomi
19. Icon

20. Hibiscus (PER 5.45) : peak RM2.70 ... now RM1.14
21. Dayang (PER 7.88) : peaked RM3.90 ... now RM1.34
22. PetronM (PER 7.88) : peaked RM15 ... now RM6.55
23. Deleum (PER 15.95) : peaked RM2.60 ... now RM1.08
24. Huaan (PER 9.48 ) : peaked 66cents 25cents
25. Waseong (PER 9.15 ) : peaked RM1.70 ... now 76.5cents
26. T7Global (PER 27.65 ) : peaked RM2.00 ... now 50.5cents

27. Uzma (PER14.72 ) : peaked RM4.20 ... now 91.5cents
28. Hengyuan (PER 58.07 ) :
29. Sapnrg (PER 25.79 ) :

Those not in X-file

30. Serbadk
31. Yinson
32. Dialog

Only 3 out of 32 ... are NOT down(yet) in energy sector. The rest ...crashed. Are you still holding to any of those #1 to # 19 ... in the list up there?

Good luck.


Saturday, April 13, 2019

Word the day : Endurance

ENDURANCE ... trading and investing is a very looooong journey. You cant be good in it ... if you want fast results.

to achieve anything great ... we need to ENDURE the hours of training, pain and hardship ... and ALONE, most of the time.

Note : I m heavier inside stocks now as I kept buying as KLCI down down ... do note that I posted SELL all and 100% in cash back when KLCI at 1720 level, last month. U may want to check that out.

Have a nice weekend


Thursday, April 11, 2019

e-meeting : Traders in me

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Thursday, April 11, 2019 10:00 PM

Selldown : Tenaga

Tenaga : Say we are stuck at highest point RM15.50 ... buy more at RM14.50 ... RM13.50 ... and today we could get RM12.50 ... wait for RM11.50 to add ... RM10.50 ... etc etc

This is TENAGA.  So, it wont go bust? Ok ok ... buy RM9.50 ... and RM8.50 ... etc etc

Note to sell : Every RM1 up, SELL one portion.

Time Frame : 10 years (as market crashes time, Tenaga would go much lower and we need to hold looonger term for it to recover, if any)


Monday, April 08, 2019

Trading Idea : Krono

Let me use Krono as example to share an idea ...working or not, I don't know. haha. Why Krono? Because it is no longer in play, no longer being mentioned by most around ... and I have no interest to buy, either.

The peak of Krono was RM1.28 ...never mind, we give discount and rounding it to RM1.20. No trading till RSI of weekly chart showing below 30 ... the lowest so far was 31.7 ..hitting the lowest price of 43cents. At the moment it is around 60cents level.

We do not need to watch or care. We just filter it with RSI below 30, buy portion 1. Then ... start to do averaging down ... say every 20cents (in this case for Krono).

Say : Buy 40cents when RSI below 30, done. Sell if we have 50% profits. Done at 60cents ... it went to hit 80cents, we do not need to care. We WAIT for RSI below 30 again ... no worry, we have a list of 50stocks to buy. haha

Now ... we no longer in position ... so, we wait with cash in hand ... scan through those stocks in our stalk-list to buy ... then just buy.

Don't know if anyone could get the idea ... but it works well, actually ... for downtrending stocks WITH fundamentals.

Good luck. haha


Friday, April 05, 2019

Private Placement of E&O

Morning ... 8am KL time.

It has been a while that I manage to get my butt ... sit and blog. I have plenty of things in mind and to do ... example : taking photos of my blooming hibiscus. haha.


for more photos of my 13 pots (and counting) of Hibiscus ... go to my facebook.

started to ask to buy Hibiscus since Jan ... now at 1.11 level, sell all around 1.35. A pot of hibiscus selling around RM15 - RM30, actually. At current RM1.11 ... it is deemed to be extremely under-valued. haha

Actually ... this morning, I m talking about PP (private placement) of E&O , which placed at 98cents ... higher than current 90cents level. Should we follow the 'hot money', buying lower than him?

so ... I will post more of E&O's recent PP ... and proposed right-issues.


Monday, April 01, 2019

e-meeting : selldown in banking

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Monday, April 1, 2019 10:30 PM

Kuala Lumpur, Singapore

Friday, March 22, 2019

KLCI at 1658, bearish

2.40 pm : KLCI minus 6, at 1657 ... possible to break current support. FKLI rebounded in opening, then slammed down. wow. Maintain short in mind.

There is no fear in markets ... Myeg in green ... Dayang hit 1.30 but rebounded back to 1.35. Hibiscus green too ... and many more retailers stuck up there, still holding at paperloss. We have to wait for FEAR to move in to buy

will check later after close ... now, doing nothing much. Wait for fear to be in markets before buying.