Thursday, October 29, 2009

A Secret of a day trader has just been unveiled

hng said...

You can split your capital into buynhold for long term and buynsell strategy for shortterm. First of all, monitor targeted stock movement and study its 1month-12month range and volume. Develop investment plan for entry and exit price, monitor your stock movement for last few days and initiate buy few first and on share weakness. Later study the next movement. Accumulate if stock direct to further weakness to average down holding cost, provided you are confident stock will rebound as you must already done thorough research that the risk of lossing money is minimum and sell once hit or just before target selling price. Of course, there will be exceptional, if stock keep fail to rebound and further dampen by overall poor sentiment and underweight, you may need to cut loss in accord to exit plan, cut at 10-15% loss In regard to transaction cost, trading online is cheaper. Brokerage for normal online trading is 0.38%; if trade exceed 100k, brokerage cost is at 0.21% and for intraday, brokerage is at 0.15%. Due to current capital size, i always opt to trade above 100k. Take for example, today i've brought glomac at 1.24, if cann't sell today for even 1sen higher (profit RM 205), i still can make profit after T (profit RM 105). If glomac stock heading further downward, i may opt to wait bit longer for its upcoming dividend of 4.5sen, which act as buffer.There is almost impossible to anyone to predict next market direction, thus, anytime is good time of investing. What can be done is do more study and make research on stock with both bottom-up and top-down approach. Belive me, knowledge can lower risk of investing. Stock fundamental is a core (e.g. EPS, dividend yield etc) and complement by technical analysis and stimulate by current market sentiment.I regard to dividend stock, i tend to buy before dividend is declare and sell once it make annoument. I seldome keep dividend as i'm unable to redeem tax dividend back and have to free up capital to invest other similar stock

Thursday, October 22, 2009

OSK Research maintains Buy on Genting Malaysia

KUALA LUPUR: OSK Investment Research is maintaining its Buy on Genting Malaysia (formerly Resorts World) with a target price of RM3.25 (10% discount to realized net asset value of RM3.60).On Wednesday, its unit Resorts World Ltd, had subscribed to Wynn Las Vegas LLC and Wynn Las Vegas Capital Corp mortgage notesamounting to US$15 million (RM50.5 million). The notes yield an annual return of 7.9% and mature in 2017. The Notes are secured on substantially all of the existing and future assets of the issuer.OSK Research said the acquisition represented a minute 1.1% of the group's net cash balance of RM4.6 billion and only 3% of the total subscription offering of US$500 million by Wynn."We believe that the market may start questioning the strategic reasons for investments of such small scale despite its potential to generate higher returns than the risk-free 2% that the group currently earns on its cash hoard," it said.The incremental impact on group earnings from the RM50.5 million investment would amount to approximately RM2.9 million, or less than 0.2% of the group's FY09 earnings.Given that Resorts remains the key cash flow generating company within the group coupled with its net cash hoard of RM4.5 billion, OSK Research said it continued to believe that it will remain the group's preferred casino M&A vehicle. In relation to potential acquisition opportunities in Macau, Singapore's strict casino licensing oversight may pose a hindrance to Genting Singapore. The stock's current undemanding valuations of 5.7 times FY10 enterprise value/ earnings before interest, tax, depreciation and amortisation (EV/EBITDA) versus its historical average of 7 times and the regional peer average of 7 times to 10 times, indicates that the potential competitive risk emanating from the Singapore integrated resort has largely been priced in. "Stripping out its net cash/share of 90 sen, the stock trades at 8.9x FY10 PER. Maintain BUY with a target price of RM3.25 (10% discount to RNAV of RM3.60)."

Tuesday, October 13, 2009

Who say making 10K, 20K is hard in KLSE ? This guy just did it with bear hand.

lgcsdv said...
Master Hng, What is the minimum capital to follow your system?TQ & Rgds
October 8, 2009 10:28:00 PM PDT

hng said...
IgcsdvPlease don't call anyone master, as we are all at learing stage...I'm not here to sell my strategy or tips, but just like to share with everyone on investment.First of all, one need to have capital disregard any amount 10k, 20k , 100k or 1 milion. I myself start as parttime with intial 10k, 10year ago. Achieve first milestone, reap first profit 100k in 2yr time, but almost all wealth (nearly 500k) get loss after take excessive risk invested in warrant in 6th year (went expire), take rest, and seek job in Sinagpore, recoup capital....restart as fulltime trader/investor in last 2yr, with intital capital 100k until now...
October 9, 2009 12:05:00 AM PDT

hng said...
Unable to make intraday on GENM and TA :(Sold little Ptaras jaya at 1.43-1.44 and round up stake to 20%.Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%Trading portfolioGENM 60% (average cost: 2.724)TA 50% (average cost: 1.375)
October 9, 2009 2:10:00 AM PDT

horse said...
hng,have a good weeked and good next week as well.
October 9, 2009 2:34:00 AM PDT

horse said...
just gotten my dividend from Carlsberg & ioicorp :)
October 9, 2009 7:41:00 PM PDT

hng said...
This morning, sold off all T+1, GENM (at cost 2.724) at 2.75, realize more than a k profit. Sold also T+2, TA (at cost 1.37) at 1.38; realize marginal profit. Portfolio still have T+1, TA at cost 1.38
October 11, 2009 7:42:00 PM PDT

hng said...
Bought back some GENM at 2.73, and all TA at 1.37...
October 11, 2009 8:17:00 PM PDT

hng said...
Sold off all GENM at 2.75 again; sold TA at 1.37; bought back again TA at 1.36; and sell back at 1.37...
October 12, 2009 1:02:00 AM PDT

horse said...
like machine gun, pulling the triger so fast... :)
October 12, 2009 1:33:00 AM PDT

hng said...
Ha! this is so-call day trading, must act fast and sometime, buyer and seller are same person! just make different of 1sen, one can make few hundred to thousand intraday profit :) Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%Trading portfolioTA 30% ( T+2, cost: 1.37)TA 20% (T+1, cost: 1.38)TA 20% (today, cost: 1.36)
October 12, 2009 2:04:00 AM PDT

lgcsdv said...
Hng,No wonder you are doing so well day trading n investing. U r sharing your positions so generously, unlike SAMGOSS. I only have 10k for investment/trading. I opted for forex. I feel that I need at least 200k to follow your trading system. Thanks again for sharing tour trade positions.
October 12, 2009 2:13:00 AM PDT

hng said...
IgcsdvIf your capital is small, eg. 10k, you should'nt do day trading, but instead should concentrate on fundamental analysis: select stock with dividend and undemanding valuation. Taking profit once catalyst emerge and continue select other value stock. Compound your profit and keep practise until you are confident and accumulate enough capital. This process may take few year and along the way you learn from experience. Wih sufficent experience and capital, then you can learn some technical analysis, start baby step on daytrading and take full force on daytrading only if you're fulltime..
October 12, 2009 2:28:00 AM PDT

hng said...
IgcsdvIn fact, I'm only start daytrading just few month ago, and most of the time use margin line for quick profit. I'm still buy and hold on core stock using my own capital (Core portfolio) and make full use of margin line to create another source of income throungh daytrading (Trading portfolio). I intend to further speed up wealth accumulation to capitalize on current bullish sentiment.
October 12, 2009 2:37:00 AM PDT

lofan said...
hng,the more u give good advices,the more return u will get.keep it up,bro.keep an eye to tgoff.
October 12, 2009 2:44:00 AM PDT

horse said...
IgcsdvHow you doing on Forex so far ?Can long EUR/USD, i capture 200pips last week for this pair but on a very insignificant amt. haha. good enough for some free toy.I still think that FOrex is not my cup of tea, just merely play for fun at night.
October 12, 2009 2:45:00 AM PDT

horse said...
lofan,i'm too eyeing on tgoff. I think i might go in tmr if it dip below 1.10. :) Good call from you there.
October 12, 2009 2:47:00 AM PDT

hng said...
This morning, bought another 30% TA at 1.37 (margin line hit maximum level)...
October 12, 2009 8:13:00 PM PDT

hng said...
Sold today 30% TA at 1.38, realize few hundred intraday profit first :)Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%Trading portfolioTA 30% ( T+3, cost: 1.37)TA 20% (T+2, cost: 1.38)TA 20% (T+1, cost: 1.36)
October 12, 2009 9:30:00 PM PDT

horse said...
hng,congrat. make money again. :)I'm just watching doing nothing for now.Genting SP still trading at 1.14, transferring money to my trust account, ready to strike again if it ever go below 1.05.
October 12, 2009 11:06:00 PM PDT

hng said...
Ha! just sold off T+3 (cost at 1.37) at 1.39, realize few k, T+3 profit :D)Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%Trading portfolioTA 20% (T+2, cost: 1.38)TA 20% (T+1, cost: 1.36)
October 12, 2009 11:37:00 PM PDT

horse said...
wow, touches 1.40 now...Laughing all d way to bank...Can unload all already.. :)
October 12, 2009 11:53:00 PM PDT

hng said...
Yes! sold off T+2 (cost 1.38); realize more than a k profit. :D) Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%Trading portfolioTA 20% (T+1, cost: 1.36)
October 12, 2009 11:59:00 PM PDT

hng said...
Wow lah!!!!Sold off last portion of TA (cost 1.36) at 1.42; realize more than 10k, T+1 profit ....:) ... :D):
October 13, 2009 12:06:00 AM PDT

hng said...
Look like TA continue surging.Ha, i've enough, realize contra gain of more than 15k altogether. Afford to take rest now.. Core portfolio OIB 50% Pintaras Jaya 20%Cheetah: 10.3%
October 13, 2009 12:17:00 AM PDT

horse said...
CONGRAT !!!hohoho...early merry christmas again. :)

Thursday, October 8, 2009

Making Money In Stock Market With Just a Finger Tips With...???

Yes, this man can do wonder. How is that suppose to be? With his double sticks & martial arts of course. Earning 10K, 20K or more in a month is not a dream anymore in stock market, it is just "Sup Sup Sui". Lets brush away all the rubbish talk, straight to the point, this man has proven himself making money in just minutes with his fingertips, clicking, clicking & clicking, there you go 20K, his pocket. Believe it or not, his is laughing all d way to bank without much failure in his trades so far. I started to admire his style, strategy and trading method, most importantly his superb picks in stock has so far really an eye opener for me.
He proves himself many time from a trade that turns negative, he tweaks magic ball in turning them to a positive zone. His ability in this area is thus far prevail and can say one of its kind. So why a hard sell for him ? Actually not, he deserved that as he possesses the capability. Interested to know who he is ? Just hang on a minute. If you've troubled in making money in stock market, he probably is your remedy. Ask him, question him and thrash him if you want, he will be willing to share his secret but can you match his fast rhythm ? you might be lost in the mid of following might get yourself hurt if you can't control his sticks. Of cource, there is method to handle the sticks well if you know the tricks. I would say, you are half way success once you learn up his skill.
Okay, needless to sell further, he is none other than master Bruce Lee himself......see his Biodata below :-
Nick Name = hng
Age = 30+
Years in Market = probably double digits
Status = Married
Trade Level = Master
Occupation = Fulltime Day Trader
Estimated Earning = probably in the region from 10K to 30K a month (ask him if you would like to know the exact figure....hehehe)
Method deploy = Fast in execution, sharp & dividend play as well.
If you are heading no way in stock trading or ready to turn FULLTIME, ask him personally here, he mays enlighten you and provide some guidance that you may long hunger for.

Tuesday, October 6, 2009

Do stock markets need to correct?

Singular Vision - By Teoh Kok Lin

Past records have shown that markets can rally for long periods without any major corrections

ONE of the most frequently asked investment question in the world over the past few months is: When are we going to get the major stock market correction we have been waiting for?

Amid the doom and gloom predictions of global economic freefall and capital market disasters, the strong rebound in stock markets (worldwide but more so in emerging Asia and Latin America) since March has surprised many market participants.

Asia’s stock markets have been rallying for the past seven months without any major corrections, with the exception of a 24% and 20% drop in China’s Shanghai and Shenzhen stock markets respectively in August. Furthermore, the size of the market rallies have been pretty impressive – for stock markets such as Hong Kong, Singapore, Indonesia (up 67% to 92%), it has been the best rally since 2005.

Many view the global economy to still be in a fragile state over the past seven months, and it seems logical to say (and many did) during this period that the rally was too high, too fast. Consensus view throughout this period is that stock markets are due for a major correction in excess of 15%-20%. Yet months have passed and the global market rally still continues. Rather than follow the consensus view that markets should pullback as stocks have rallied throughout this period, we should ask ourselves two simple questions:

·Do stock markets necessarily have to correct sharply?

Past records have shown that stock markets can rally for long periods without any significant correction. In fact, the sharper the drop, the stronger the rebound; long sustained rallies are not totally unseen before. In 2003, MSCI Emerging Markets rallied 13 months while in 1987, the S&P 500 rallied for 23 months without any significant correction in excess of 10% (see chart below).

We define significant correction as a drop of more than 10% as we have seen periods where stock markets hardly experienced any significant corrections for one to two years.

We believe the values of many companies were already emerging in late September and October of 2008. The subsequent panic sell down were mostly driven by fears of a systemic meltdown of the global financial system. Since then, governments have successfully propped up the financial system.

It is not surprising that global stock markets have recovered to pre-September 2008 levels today. In other words, this rally has placed us back to where we should be.

Markets therefore are not running ahead of fundamentals and there should be more room to improve as companies and economies recover in the months ahead.

·Should we wait for a major stock market correction to buy?

It is great if one is able to time the market; sell before the market corrects and buy back at the dips and make profit. In reality, we all know that it is easier said than done.

Even if one were to know a correction is likely to occur, one may not necessarily be better off. For instance, if one purchases a share at 50 sen and then sells it at RM1.00 anticipating the market is about to correct. Subsequently the share goes up to RM1.20 and then dips to RM1.05, before recovering back to RM 1.20. In this scenario, is one really better off?

Market timing abilities and transaction cost is one part of the story. Equally important, even if broad market corrections are expected, individual stocks may be affected differently.

In the case of good companies, share price behavior may not be so dependent of the broad market, even if a correction does eventually occur. Companies such as Tencent, a China Internet company listed in Hong Kong and Indocement, one of the largest cement producers in Indonesia, are good examples of strong fundamental companies doing well despite broad market movements.

Rather than trying to second guess when the market correction is coming and how deep the correction will be, we find it easier to identify and stay invested in companies that are still undervalued and benefiting from the global recovery.

Finding good value companies to invest in however involves a lot of persistent leg work, research and company visits. But then again, isn’t that the challenge for value investors?
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