Finally, unable to buyback TM at 3.68 and realize one time profit. Volume surge another record, almost all share close to their highest level, really a bull run now!
With almost all share dispose, only left with KPJ and Daiboci. Take this oppurtunity to plan next investment plan for 94% free capital in the portfolio.
Monday if soften can always buy back. I think TM will be trading price range between 3.66 to 3.74. Unless annoucement is annouced else likely to stay firm at this price range.
TM will still always in my radar screen. If momentum still very strong, i'll no hestitate to buy TM again: buy high, sell higher.
If TM on weakness, certainly will buy back again, most of the free capital now still reserve for TM, as it is only bluechip that deserve overweight rating.
wow, this TM still solid as rock despite mkt down 5 points. There is a full settlement news from Axiata of the remainig amount owing. In that case 98sen cap. Repay is pretty soon. :)
Market turn V-shape, after short rally, market turnaround to negative territory. Still assess whether it is serious correction, confirm bear rally or just a healthy correction.
Asian market slump, partly due to swine flu which have cause 82 people die. Fear of possible pandemic, provide good reason for investor to quit market and profit taking set in.
Volume remain high with possible another new record, but total value traded is just about half of the volume signify volume still concentrate on penny stocks and daytrading.
Asian market down on concern on swine flu following raising alert level by WHO, Bursa down another 4pts.
The WHO raised the alert level to Phase 4, signaling swine flu is spreading, meaning there is sustained human-to-human transmission of the virus causing outbreaks in at least one country.
this swine flu outbreak originated from maxico...this virus is contagious & is speading from human to human. I heared that Korea has 1 case, meaning it already enter Asian.... virus get mutated....scary..
Ya, i think so. Maybank have addtional 45% more shares, likely more selling pressure will happen. Anything below 3.7 will be a good longterm buy. Will trigger my buy if it happen to dip to this level...
Index swing back to positive territory, what a volatile market, gainer now outpace loser, investor are chasing to buyback from earlier panic sell !? This indicate how sensitive and fragile sentiment.
Bought more classic scenic at 33.5-34sen to gradually build up again this stock in the portfolio.
Macro news :- Better than expected US data overnight could not reverse the fall in equities, which were triggered by fears of the prevalence of swine flu, and speculation that the banks’ stress tests will probably reveal that Bank of America Corp and Citigroup Inc are in need of more capital. These worries could potentially cap equity gains in the near term.
though regional mkt was up but i think KLCI will set lower today, it look too cautious likely to dip further toward closing. Lets see how it turn out. Stay side line.
strange ? the granted listing of new Maybank shares only represent about 31%...what happen to the remaining 14% then ?? not all are being fully subscribed ?? Likely to shed lower for Maybank tomorrow as the additional 31% new shares will be quoted on tomorrow 30/4/09.
With today purchase, i've use up almost 20% capital. classic scenic stake in the portfolio increase back to 12% and other stocks namely Daiboci, Amfirst, sealink and protasco form another 8%
Portfolio still left with about 80% free capital, which suppose reserve to buy TM when its weakness. Nonetheless, TM continue strength and closed at 3.80 may prompt me to give up intention and switch to other potential stocks.
With today buyback TM and cscenic and increase stake in Daiboci, free capital now down to 5%: TM (80%) and cscenic, diaboci and Amfirst form another 15%.
The main reason re-enter market and lock again 80% capital in TM is don't want to miss TM dividend and capital repayment. Recent right issue by Maybank and Axiata stir further share price after right and listing should render good indicator for upcoming TM capital repayment, which expect will be announce in May. Next target price for TM is above RM 4.
TM now is my top favour stocks due to its defensive, high yield and limited downside. Although i'm trading TM at getting higher price level from 3.50 (first tranche entry level) to last week 3.82, but as long as TM still have potential upside, the risk is limited.
Last minute trading, manage to jump queue to buy additional TM at 3.76, raise TM stake further to 96%. With today additional purchase Amfirst and Daiboci, portfolio now is almost fully invested!
May need to use existing margin line (1.5 x capital) to buy if TM on further weakness. If successful, may shorten further time horizon toward financial freedom.
mkt holding on well. see tonite DJ, if upside momentum sustain, chances of CI to march further. TM closed at 3.76, obviously the buying interest has reduced.the ex-date is on 20/5/09. Likely to keep till it ex.
When investing in stocks control your greed and fear
We need to know who we are in order to do well in stock market investing. THE recent strong market rally caught many investors by surprise again.
Most investors, including some analysts, predicted earlier that it was just a bear market rally. They have been hoping the market will turn down again. Unfortunately, it has been moving up strong without looking back.
For investors who have not invested during the recent low in March 2009, they are getting very worried as they are not benefitting from the recent rally. They may even wonder whether they should jump in now in order not to miss the boat.
Another group of investors, who have managed to catch some stocks at cheap prices during the previous market low, are also facing the dilemma of whether to lock in their gains now or continue to hold on to their gains. Some even regretted selling their stocks too early last month.
We all know that it is very difficult, in fact impossible, to predict stock market movement. Most investment gurus will refuse to time the market.
We believe that in order to do well in stock investing, we need to know ourselves, especially in controlling our emotion on greed and fear.
Due to information overloading, our emotion is highly influenced by the news that we read. Each time we feel that the market is getting bullish and time to buy stock, the overall market will collapse the moment we enter.
On the other hand, the moment we fear that it will drop further and we have decided to cut losses, we will notice the market will recover after that. Most of the time, the prices of stocks that we sold were at the lowest of the recent fall.
In order to control our greed and fear, we need to ask ourselves whether the market has discounted the news that we have received.
Nevertheless, the recent strong market rally would have discounted this bullish news. In fact, we need to ask ourselves whether the current stock prices can be supported by the fundamentals for certain listed companies.
In our experience, in most cases, the moment we feel like buying stocks is the best time to sell them while the moment that we feel like selling them is in fact the best time to buy. We can apply this contrarian theory quite successfully in most periods.
Sometimes, if we are taking in too much contradicting information and, as a result, get confused over the market direction, we feel that the best strategy is to stay away from the market until we have a better and clearer picture of the overall market or the economic situation.
There are times that we need to follow our heart. Sometimes, our hearts try to warn us from taking hasty investment decisions. However, we refuse to follow our intuition but instead, choosing to get influenced by others or the information that we read and ending up making mistakes.
In conclusion, we need to maintain our concentration.
We should not be led by the market sentiments regardless whether it is on the way up or crashing down fast. We need to go back to the fundamental of economic situation and the companies’ performance and future prospects.
One way to minimise the feeling of regret is to stagger our purchase and selling. We will only know the peak when the market starts turning downwards and vice versa. Therefore, by staggering, we will have an averaging effect rather than taking a one-time hit, especially if it is at the wrong timing
irrespective what approach we use. we tend to regret for whatever decision we make, if mkt go agaist you. Trending up, regret of selling too early, trending down regret of never trigger a sell. whatever way you do also wrong. so is hard to determine what is right or wrong. important thing is never lose money.
This is typical contradicting! when people feel market lack fresh lead and due for correction, Ha!, the reverse just happen!!
I'm selling more cscenic for intraday gain, but reserve 8% holding for higher target price tomorrow.
Increase Daiboci stake further. Bought Daiboci at 70-71sen. Expect Daiboci due to announce its dividend of 6 sen TE very soon.
This is my first time using margin line to buy TM, and adopt trading for quick profit, without affect my holding, still have TM (96%), Daiboci (3%), Amfirst (1%) and margin line 8% for cscenic
In this bull market, i only dare to trade TM for its limited downside and still have potential to unleash more upside! I'll try to capitalize on TM to realize as much possible profit.
"irrespective what approach we use. we tend to regret for whatever decision we make, if mkt go agaist you. Trending up, regret of selling too early, trending down regret of never trigger a sell. whatever way you do also wrong. so is hard to determine what is right or wrong. important thing is never lose money."
yeah, man, this business a lot of regret. a lot of chance to say 'should have'. Important thing is never lose money, good advice. any tips on how you get over the regret and not let it affect you?
71 comments:
mkt up 14+ point. likely to touch 1000 come next week. TM closed off high, good sign of moving higher..
vol 2b !!! back again. keep in up :)
TM keep up and up :)
Finally, unable to buyback TM at 3.68 and realize one time profit. Volume surge another record, almost all share close to their highest level, really a bull run now!
With almost all share dispose, only left with KPJ and Daiboci. Take this oppurtunity to plan next investment plan for 94% free capital in the portfolio.
Monday if soften can always buy back. I think TM will be trading price range between 3.66 to 3.74. Unless annoucement is annouced else likely to stay firm at this price range.
TM will still always in my radar screen. If momentum still very strong, i'll no hestitate to buy TM again: buy high, sell higher.
If TM on weakness, certainly will buy back again, most of the free capital now still reserve for TM, as it is only bluechip that deserve overweight rating.
Have a good weekend, hng.
May TM give you good fortune next Monday :)
wow, this TM still solid as rock despite mkt down 5 points.
There is a full settlement news from Axiata of the remainig amount owing. In that case 98sen cap. Repay is pretty soon. :)
Market turn V-shape, after short rally, market turnaround to negative territory. Still assess whether it is serious correction, confirm bear rally or just a healthy correction.
Waiting sideline now...
Sold partial KPJ at 2.86-2.89. Free capital raise to 96%. Most of this capital is intend to invest back to TM. Still waiting for entry point to TM.
Market down 14pts..
TM is still very solid despite 14+ points down... :) good news indeed.
Asian market slump, partly due to swine flu which have cause 82 people die. Fear of possible pandemic, provide good reason for investor to quit market and profit taking set in.
Volume remain high with possible another new record, but total value traded is just about half of the volume signify volume still concentrate on penny stocks and daytrading.
Remain caution and sideline, but q order for TM.
No trading today. Wait for clearer market movement tomorrow.
eyeing on one counter for it div...
will likely buy it tomorrow if the mkt turn softer....
Sold off all remaining KPJ at 2.88 this morning.
Make intraday contra on cscenic : bought at 34sen, sold at 35sen
Asian market down on concern on swine flu following raising alert level by WHO, Bursa down another 4pts.
The WHO raised the alert level to Phase 4, signaling swine flu is spreading, meaning there is sustained human-to-human transmission of the virus causing outbreaks in at least one country.
this swine flu outbreak originated from maxico...this virus is contagious & is speading from human to human. I heared that Korea has 1 case, meaning it already enter Asian.... virus get mutated....scary..
T+3 selling presure will be even greater tomorrow i think. Nevertheless, i still place a buy order today buy yet to be done.
nothing done. expect this week not going to be good. more selling pressure on its way...
Market down 14.4pts, expect more correction in this short week (market close on 1 May, friday).
Still adpot wait and see approach. Asian and just open European as well as US. future indicate slumping low today.
With nearly 99% free capital now and just holding one stock: Daiboci, I'm waiting for right timing to re-enter into market.
However, if oppurtunity arise, will try market response with small capital and hit and run for quick intraday trade
As expected, market dip again, weight down by bluechip. Tomorrow is Maybank new share listing, expect will suffer more selling pressure.
Ya, i think so. Maybank have addtional 45% more shares, likely more selling pressure will happen. Anything below 3.7 will be a good longterm buy. Will trigger my buy if it happen to dip to this level...
i am still clinch on to my TM. This guy still stay like rock eventhough mkt retreated more than 20points.
Index manage to mitigate the downside pressure help by rebound in Asian market.
Bought classic scenic at 33.5-34sen, Daiboci at 66-67sen
Index swing back to positive territory, what a volatile market, gainer now outpace loser, investor are chasing to buyback from earlier panic sell !? This indicate how sensitive and fragile sentiment.
Bought more classic scenic at 33.5-34sen to gradually build up again this stock in the portfolio.
Macro news :-
Better than expected US data overnight could not reverse the fall in equities, which were triggered by fears of the prevalence of swine flu, and speculation that the banks’ stress tests will probably reveal that Bank of America Corp and Citigroup Inc are in need of more capital. These worries could potentially cap equity gains in the near term.
Market likely to follow the lead from other regional market. Most Asian market rebound indeed help local index to stabilize, close just down 1.6pts.
though regional mkt was up but i think KLCI will set lower today, it look too cautious likely to dip further toward closing.
Lets see how it turn out. Stay side line.
Bought sealink at 49-50sen; Amfrist at 89sen, Protasco at 72sen and more cscenic at 33.5-34sen.
strange ? the granted listing of new Maybank shares only represent about 31%...what happen to the remaining 14% then ?? not all are being fully subscribed ??
Likely to shed lower for Maybank tomorrow as the additional 31% new shares will be quoted on tomorrow 30/4/09.
wow, TM touches 3.80 !!
i was wrong, it end steadier...
With today purchase, i've use up almost 20% capital. classic scenic stake in the portfolio increase back to 12% and other stocks namely Daiboci, Amfirst, sealink and protasco form another 8%
Portfolio still left with about 80% free capital, which suppose reserve to buy TM when its weakness. Nonetheless, TM continue strength and closed at 3.80 may prompt me to give up intention and switch to other potential stocks.
surprisingly Maybank still stay strong, thinking of buying some for keeping.
Due to overnight US stock rally and expected index will rebound, I've decided to pour all 80% free capital to the market.
This morning without hesitate, bought TM at 3.80-3.82, equity stake of TM back to 80% of total portfolio
potentially TM can touch RM4 when it announce it CR.
Sold partial yesterday cscenic at 35.5-36.5sen,
and sold off all sealink at 51-51.5sen, Protasco 75-75.5sen to realize T+1 gain.
Sold off all TM at 3.86, realize another round of quick intraday profit
Bought back all TM at 3.82, equity stake of TM back again to 80%!
Bought back all cscenic at 34.5sen, realize intraday gain instead of T+1.
Bought more Daiboci at 69sen.
With today buyback TM and cscenic and increase stake in Daiboci, free capital now down to 5%: TM (80%) and cscenic, diaboci and Amfirst form another 15%.
The main reason re-enter market and lock again 80% capital in TM is don't want to miss TM dividend and capital repayment. Recent right issue by Maybank and Axiata stir further share price after right and listing should render good indicator for upcoming TM capital repayment, which expect will be announce in May. Next target price for TM is above RM 4.
Within 5min, index already trade exceeding 1000pts!!h
Sold half of TM stake at 3.88 to realize T+1 profit first.
Sold partial cscenic at 35.5 sen
wow, in out in out TM many round already. Making tonne of $$$....haha.
Bought back all TM at 3.82 to realize intraday instead of T+1 profit! Equity stake of TM back again to 80%.
Sold more cscenic at 35.5-36sen to take more profit
TM now is my top favour stocks due to its defensive, high yield and limited downside. Although i'm trading TM at getting higher price level from 3.50 (first tranche entry level) to last week 3.82, but as long as TM still have potential upside, the risk is limited.
Sold more cscenic at 36sen
Sold off all remaining cscenic at 36sen.
Bought more TM at 3.82. Increase further TM stake from 80 to 90%.
Market close up another 18pts, most asian market also rally with STI and Hang Seng up more than 5%!!
With today trading, portfolio now have 90% TM stake and about 8% free capital.
break above 1000 mark. More up side to come.
TM to reach RM4 is a matter of time i think.
Next level 1050 see whether it can break...?
This morning open higher, up another 11pts!!
Real bull is running with strong momentum.
half day already 1.2b ...vol is damn huge...distribution ?
Profit taking set in, market make U-turn, down 4.5pts now.
Bought more Amfirst at 90sen and Daiboci at 69sen.
Last minute trading, manage to jump queue to buy additional TM at 3.76, raise TM stake further to 96%. With today additional purchase Amfirst and Daiboci, portfolio now is almost fully invested!
May need to use existing margin line (1.5 x capital) to buy if TM on further weakness. If successful, may shorten further time horizon toward financial freedom.
mkt holding on well. see tonite DJ, if upside momentum sustain, chances of CI to march further.
TM closed at 3.76, obviously the buying interest has reduced.the ex-date is on 20/5/09. Likely to keep till it ex.
When investing in stocks control your greed and fear
We need to know who we are in order to do well in stock market investing. THE recent strong market rally caught many investors by surprise again.
Most investors, including some analysts, predicted earlier that it was just a bear market rally. They have been hoping the market will turn down again. Unfortunately, it has been moving up strong without looking back.
For investors who have not invested during the recent low in March 2009, they are getting very worried as they are not benefitting from the recent rally. They may even wonder whether they should jump in now in order not to miss the boat.
Another group of investors, who have managed to catch some stocks at cheap prices during the previous market low, are also facing the dilemma of whether to lock in their gains now or continue to hold on to their gains. Some even regretted selling their stocks too early last month.
We all know that it is very difficult, in fact impossible, to predict stock market movement. Most investment gurus will refuse to time the market.
We believe that in order to do well in stock investing, we need to know ourselves, especially in controlling our emotion on greed and fear.
Due to information overloading, our emotion is highly influenced by the news that we read. Each time we feel that the market is getting bullish and time to buy stock, the overall market will collapse the moment we enter.
On the other hand, the moment we fear that it will drop further and we have decided to cut losses, we will notice the market will recover after that. Most of the time, the prices of stocks that we sold were at the lowest of the recent fall.
In order to control our greed and fear, we need to ask ourselves whether the market has discounted the news that we have received.
Nevertheless, the recent strong market rally would have discounted this bullish news. In fact, we need to ask ourselves whether the current stock prices can be supported by the fundamentals for certain listed companies.
In our experience, in most cases, the moment we feel like buying stocks is the best time to sell them while the moment that we feel like selling them is in fact the best time to buy. We can apply this contrarian theory quite successfully in most periods.
Sometimes, if we are taking in too much contradicting information and, as a result, get confused over the market direction, we feel that the best strategy is to stay away from the market until we have a better and clearer picture of the overall market or the economic situation.
There are times that we need to follow our heart. Sometimes, our hearts try to warn us from taking hasty investment decisions. However, we refuse to follow our intuition but instead, choosing to get influenced by others or the information that we read and ending up making mistakes.
In conclusion, we need to maintain our concentration.
We should not be led by the market sentiments regardless whether it is on the way up or crashing down fast. We need to go back to the fundamental of economic situation and the companies’ performance and future prospects.
One way to minimise the feeling of regret is to stagger our purchase and selling. We will only know the peak when the market starts turning downwards and vice versa. Therefore, by staggering, we will have an averaging effect rather than taking a one-time hit, especially if it is at the wrong timing
irrespective what approach we use. we tend to regret for whatever decision we make, if mkt go agaist you. Trending up, regret of selling too early, trending down regret of never trigger a sell. whatever way you do also wrong. so is hard to determine what is right or wrong. important thing is never lose money.
looks like 3rd liners have dominated the buying. bluechip has now quiet down.
Use first 50% margin line to buy now. Bought additional TM at 3.76-78 (40%)and cscenic at 35sen (10%)
Wow!!!!
Market make U turn, up 13pts, sold off all today margin line TM at 3.84, realize intraday profit...
Sold partial cscenic at 36 sen, and bought back more cscenic at 35sen, realize more intraday profit...
Sold more cscenic at 36sen
just mentioned on bluechip, now it make a u-turn...good one. 1050 is where we heading..
This is typical contradicting! when people feel market lack fresh lead and due for correction, Ha!, the reverse just happen!!
I'm selling more cscenic for intraday gain, but reserve 8% holding for higher target price tomorrow.
Increase Daiboci stake further. Bought Daiboci at 70-71sen. Expect Daiboci due to announce its dividend of 6 sen TE very soon.
This is my first time using margin line to buy TM, and adopt trading for quick profit,
without affect my holding, still have TM (96%), Daiboci (3%), Amfirst (1%) and margin line 8% for cscenic
Oh!, just check wih bursa announcement. Daiboci today has officially annouce its first and final dividend of 6sen TE, which give net yield of 8.5%.
Market continue its bull run!, up another 13pts..
Sold off all cscenic at 36.5sen.
sold partial Daiboci at 74.5sen.
sold also small portion TM at 3.88
Sold more TM at 3.88, equity stake of TM in portfolio down from 96% to around 58%
Bought back all TM at 3.84 for intraday gain! equity stake of TM back to 96%.
Bought back partial cscenic at 35-35.5sen for intraday gain.
Sold more Daiboci at 74.5-75.5sen
wow, just by playing TM enuf to make you rich already. Keep it up. Hope it reach RM4.00 before month end.
Bought almost all cscenic back again at 35sen.
In this bull market, i only dare to trade TM for its limited downside and still have potential to unleash more upside! I'll try to capitalize on TM to realize as much possible profit.
Wow!!!
Use 50% margin line to buy TM at 3.78.
Bought back and more cscenic at 35sen, increase further stake from 8% to 16%.
Sold off all Daiboci at 75-76.5sen
Current portfolio now: TM: 100% + (50% margin line); cscenic (16% margin line)
"irrespective what approach we use. we tend to regret for whatever decision we make, if mkt go agaist you. Trending up, regret of selling too early, trending down regret of never trigger a sell. whatever way you do also wrong. so is hard to determine what is right or wrong. important thing is never lose money."
yeah, man, this business a lot of regret. a lot of chance to say 'should have'. Important thing is never lose money, good advice. any tips on how you get over the regret and not let it affect you?
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