Thursday, May 28, 2015

Public talk #4 : Profit from Panic


KLCI is flat ... zzzz ... didn't rebound but at least we do not see gap down this morning. DOW up 120 points, perhaps helped to paint a greener picture.


This is the chart I shared in my e-meeting last night. It was full and late comers could not log in. Thanks for few non-members who attended my uncle-style market talk.

So ... as KLCI retracing so well ... I am going to have a public talk this Saturday morning 10.30am to 12.30am.

Topic : How to prepare during market correction.

Objective : To reach out for my readers, in person.

I have this talk in my Public-Talk #2 ... and at that moment, market was moving higher. Today, at least we could see many cheap-sales around the corner. What should we be buying?

Let me if you are attending as I have limited spaces (max 15).

contact : 012 821 0129 or e-mail cpteh@yahoo.com

Have a nice shopping day.

TEH

Wednesday, May 27, 2015

e-meeting : Are we at the bottom yet (part ii)?


Go to : https://www.facebook.com/tratles

Time : 9.30pm to 10.30pm

Topic : Follow-up on last night e-meeting.

Are we bottom yet?

Note : This is especially for those newbies who want to learn few pointers. You are most welcomed.

TEH

ex-index linked counters : At LOW


Stocks : AirAsia, BJToto, FGV, IOIPG, MHB, UEMS etc etc .... MAS


UEMS : Trading at "low" price(tracking all the way back to May 2009) ... Iskandar projects slowing down and some scraped. This is a GLC, which owns largest land in Johore ... and one huge falling giant. UEM married Sunrise(developer of Mt Kiara) some years back to give birth to UEM-S (S = Sunrise, for those newbies). UEMLand, UEMBuilder, UEMWorld ... I remembered these counters when I was very new in KLSE ... 6 yrs back.


Taken from i3 : UEM Land Holdings Berhad is a Malaysia-based investment holding company. Through its subsidiaries, the Company is engaged in property development, turnkey development and construction, land trading, property investment, project procurement and management and investment holding. The Company's project portfolio include Kota Iskandar, Puteri Harbour, the Southern Industrial and Logistics Clusters (SiLC), Afiat Healthpark and Nusajaya Residences. The Company had two direct subsidiaries: Nusajaya Resort Sdn. Bhd., which is engaged in proprietor and management of a Malaysia clubhouse, and UEM Land Berhad, which is engaged in project procurement and management and strategic investment holding. On February 16, 2011, the Company announced that it has acquired the remaining offer shares of Sunrise Berhad, making Sunrise its wholly owned subsidiary. In October 2011, the Company acquired parcels of land from Inch Kenneth Kajang Rubber Public Limited Company.


Well ... UEMS managed to get listed as KLCI index-linked counter. But ... somehow, they taken her out. This lady down from high RM3.59(adjusted div) and today trading at RM1.03 day-low.

What should we do if we have bought her at RM1.50 ... RM2 ... RM2.50 ... RM3 ... or even higher?

That is difficult to answer as cut-loss at the current level could be too painful. When it went below RM1.60, that is a cut-loss point. When it went below RM2.80, that was a cut-loss point ... depending on the entry price and if for trading purposes, we need to take-profit (or cut-loss) ... unless we are investing.

Property sector has been very hot some 2-4 years ago ... and slowing down now. Iskandar's developments and hypes were so rapid ... LEGOLAND ... now, the Education-hub ... nice projects, expensive condos/bungalows for the rich-n-famous ... or foreigners?

I have avoid property counters for nearly a year now ... as I seeing the whole sector have more downside to come. I will still avoid ... but looking to trade UEMS when it reverses.


MHB : Listed in Oct 2010 (born from mommy MISC), IPO at RM3.61 ... went to hit high RM8.50!! wow. Today .. it is trading around RM1.20 level, low at RM1.06. Is it CHEAP?? Dropping from RM8 level ... and how are we going to cut-loss, right?

Taken from i3 : Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), formerly MSE Holdings Berhad, is a Malaysia-based company. The Company is engaged in the provision of heavy engineering and marine services, which focuses on the oil and gas sector. The Company operates in two segments: engineering and construction, and marine conversion and marine repair. Its engineering and construction business offers a range of oil and gas construction and engineering services, from detailed engineering design and procurement to construction, installation, hook-up and commissioning. Its marine conversion business includes converting vessels, such as very large crude carriers (VLCCs), Aframax tanker and offshore oil rigs into floating structures for the offshore and gas industry. Its comprehensive marine conversion services range from engineering design to fabrication, installation and commissioning of these structures. In October 2011, it dissolved its wholly owned subsidiary MSE Corporation Sdn Bhd

Yes, MHB was listed in KLCI previously ... somehow, it was taken out and now have to fend for herself. The news of depleting order-book and SELL calls by many IBs attracted me to look at her ...


AirAsia : Trading as year-low ... needs to go back to Oct 2010 to see current RM2 level. It was trading in KLCI previously. Still trying to find the bottom ... trading at RM2.07 today.



FGV : Still going lower as I am writing ... at RM1.90 level today. What was the IPO price?

IOIPG : Also at the low ... at RM1.99 level now ... low 1.95 as for today.

There are few more ... which I might have missed out. Do let me know the counters. Will like to update their charts.

Note : Index-linked counters might not necessary be good. It might be taken out from the index, and funds will be selling ...

KLCI minus 13 points ... no bottom seen yet.

Trade with cautious.

Thanks to those came for my last night e-meeting.

TEH

Tuesday, May 26, 2015

e-meeting : Are we bottom yet?


To join, click here https://www.facebook.com/tratles

Tonight I will have another e-meeting to show few technical charts, and to check if it is time to buy more into current correction.

Invitation to Murali of i3 : Did you ever come to any of my e-meeting? It is free when I open it to public. I do not show any of my trades here as it is meant for members only. Besides, I m not answerable to anyone. I m just stating what I buy-sell ... it is up to members to decide. But, please do not insult ... personal attack or accusing me of anything. Please do not call my trading members names and insult them. You are welcome to my tonight's e-meeting. Or next one ... which I will invite you again, till I see you in my meeting-room. It will be my pleasure to have my critics ... and show to you that I m not as what you tried to paint.

Murali : To attract more biz you should post the counters here when you bought it...so people will see your kungfu when your counters go up and then you sell for good profit....not everytime after a certain counters went up you only come out to claim you bought at low price earlier and blah blah blah. Just like what OTB did...he recommended people to buy and when prices go up he could claim the credit and can attract more supporters and biz....off course if the prices come down then prepared to be screwed....fair trade......unlike you, you are so shy to tell people when you bought....only when prices went up then u come out to talk cock....no credibility and no biz....this is my sincere comment....

Thanks for some of your recommendation. Do read more successful-self-help book ... it stated that we run our own race and not to compare ourselves to others. So ... I am CP, not whoever you worshipping. I m not answerable to you ... and please be gentle with your words. I do not condone vulgarity. And I m not going down to that level.

Thanks for you sincere comment.

Note : Sorry that I seldom to i3-forum to check on many condemnation you (or few others) have made. Scanning through your comments, it seems that you are kinda decent people, reasonable enough for me to contact you.

Hope to see you in one of my e-meeting. I could answer whatever you have doubt about.

Signing off, preparing for my e-meeting.

TEH

Be excited : KLCI sales is around


Bargain buying time ... glad to have sold many last week before the selldown, but still stuck with few.

It is that bargain-sales time again ... and moving into buy.


KLCI before yesterday sell-down ... then it lost 20points. Thanks to Tenaga.



After yesterday ... KLCI at support ... RSI slightly below 30.

FEAR = BUY? Yes or No?

Buying oversold blue-chips or strong counters ... that is lower risk as market-sentiment is bad, affected by 1MDB and many more reasons.

I m tired ... had public-talk on Sat (why FEAR is a buy? and criteria of catching knives). Then, Sunday night I have another e-meeting to those missed. Many of my trading members interested to join. Being a dedicated teacher, I m obliged.

Last night is our weekly e-meeting for my stock-watch members, on what stocks I am going to buy, which I bought and level of cut-loss. It is a reminder to all members to ignore the herd-mentality, focus in our trades ... and continue to do well.

Time for lunch, KLCI plus 5.

FCPO gapped up ... I longed FCPO and taken profit too early(again). UP 50plus points now ... due to SOY shot above 32, after resting a day(memorial day).

To join my stock-watch group (I m going to start an e-learning group in July), contact me at www.tratles.net . All my trades shown in my stock-watch group.

TEH

Sunday, May 24, 2015

The Edge #1068 : On the radar


Petronas 1Q net profit down 39%

Petronas' net profit for the quarter ended March 31,2015, dropped 39% to RM11.4 billion from RM18.8 billion in the same quarter last year on the back of lower crude oil prices. Revenue stood at RM66.2 billion during the quarter compared with RM84 billion in the previous year.
TEH : Crude oil trading at USD60 range ... and PETRONAS revenue/profit is down by whooping 39%. Ouch ... watch for the further downside for PETRONAS linked counters and KLCI have more downside risk.

PChem : I remembered I bought and caught this knife ... very nicely, below RM5. Well ... being a trader, I have sold her when it rebounded sharply (too fast for my liking). Today it is trading at RM6.20. So, who said we cannot catch a knife ... a good counter such as PChem (dived due to falling of crude oil price ... crisis investing and fear = buy applied here). Who said cant get 10-20% from the counter ... and why retailers prefer Sumatec? Yeah ... I could understand as I was from those newbie-level.

Bank Negara reserves at RM393.4bil

Bank Negara Malaysia's international reserves amounted to RM393.4 billion (USS106.2 billion) as at May 15, above the RM392.4 billion (USS105.8 billion) position as at end-April. The reserves are sufficient to finance eight months of retained imports and are 1.1 times short-term external debt.

TEH : If we are not working, no income ... we have to make sure we have saving at least 6 months of average monthly expenses. I have stopped my full-time job since last June. So ... by end of June, it will be a year I am out of college-teaching!!


Muhyiddin recommends sacking 1MDB board
Deputy Prime Minister Tan Sri Muhyiddin Yassin has called for the sacking of IMalaysia Development Bhd's (1MDB) board of directors. He made the recommendation in a closed-door meeting with Umno leaders last week ....

TEH : This is the risk ... political risk in KLSE at the moment. 1MDB stories keep popping out ... and TDM is very vocal about it. We have to understand how HUGE this could affect our MYR, our rating (might be down-graded soon) and the political un-stability ... DAP vs PAS .... Jib vs TDM and Din.

MRT2 to cost more than RM30 bil


TEH : No comment


IMDB's investments in BSI in asset form

Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah last week tried to clear the air on the redeemed investment in the Cayman Islands by 1MDB. The minister explained that the redeemed investment parked in Singapore's BSI Bank Ltd was in the form of assets and not cash.

TEH : Hmmm .... Cayman Is ... Singapore Bank ... now un-defined assets. Words being twisted by someone we SHOULD trust most ... our finance minister. We are in political RISK (avoid stock-market is a good idea too).

Press Metal suspends Samalaju operations

Press Metal Bhd has temporarily suspended operations at its Samalaju smelting plant in Sarawak for safety reasons following a fire on May 17,

 
TEH : Yes ... PMetal was my good trade when I bought around 2.80 level and sold. I bought PMetal-wc too ... after it rebounded. Sold off .... and now due to another bad news : Fire. I do not like playing with fire ... so, RM2.80 is not a buy for me ... and perhaps if it could dive lower ... to RM2.30 level to consider.
PM tables 11th Malaysia Plan
Prime Minister Datuk Seri Najib Razak tabled the 11th Malaysia Plan in Parliament on Thursday. The plan constitutes the last lap before 2020, the year when Malaysia aspires to join the ranks of high-income nations with a gross national income per capita of more than US$15,000 (RM54,000). In the run-up to 2020, the government plans to spend RM260 billion on development projects, up from RM230 billion in 10MP.
TEH : This is the most important event of the week .... but the mood spoilt by 1MDB-crisis. High-income country is a joke, please don't take them seriously. RM54k is not high ... not for someone staying in KL, with a non-working wife and two young kids (like me la).  Do the math.
 
 
http://www.micci.com/page20/page20.html

Closing the gap? The rich is becoming richer ... the poor is poorer(GST affecting them most) ... while the middle-class working adults like me is being squeezed.



Sime Darby's plunges
Sime Darby Bhd's net profit fell 55% to RM386.04 million in 3QFY2015 from RM852.53 million a year ago on lower contribution from its plantation, industrial and automotive divisions.

TEH : With another giant showing bad-reports on profit, be prepare for more downside in KLCI.

ISIS planning kidnapping, bank heists
Islamic State in Iraq and Syria operatives in Malaysia are now planning ransom kidnappings and bank heists in a bid to fund their militant activities, Malaysian police said on Wednesday. Local militants recruited by the Islamic group are targeting business centres and government offices in Putrajaya
TEH : ISIS presence in Malaysia ... this is another piece of bad-news for Najib's admin. No joke, this is a serious threat to our peace. Katak is just blah-ing and not a threat ... ISIS is.
Ok ... spent an hour or so for this post ... while having dinner(alone).
Public talk : Well, I do have 5 ''outsiders'' came for my talk yesterday ... and few of my own trading-members. Yes, most of them appreciate my sharing. One of them (sound experienced to me) got to know me thru i3 (so, I shown him inside my trading group ... the stocks I bought/sold and to prove to him, I m a trader ... and then, I asked him to go to i3-forum ... tell them to come to my free-talk to know me. haha) and he said he will be joining me! Great.
Anyway, many who are not staying around asked if I will be having another talk in Ipoh, Penang .... and Sabah! I will ... I will. I am going down to meet readers and traders-alike.
Tonight, I will have a repeat of what I shared(summerised) yesterday ... through e-meeting. Those interested to come click here : https://www.facebook.com/tratles . Meeting will start at 9pm.
Time to go home ... rest and prepare for the meeting.
TEH
 

Saturday, May 23, 2015

Public Talk : Contents


Today (2pm) ... I am organizing a public-talk. It is free ... but the response is not good. So, sitting here preparing for the talk, I wonder why ...

Point 1 : I am an unknown trader.

Point 2 : The content. Got sure win tips ar?

Point 3 : So far ... you think I am free meh?

Point 4 : No free makan ar?

There are many reasons why my public-talk is not attracting any crowd. Knowing that stock-market consist of 80% who do not wish to learn ... it is very difficult to share knowledge (even for free) as that is not what the masses want. They want tips, sure-win tips.

Then, why am I having a public-talk for?

Personally, I like going for public-talk ... mostly organized by IBs.  And I always learn something from those talks ... whenever I m free, I will attend those public-talk. It increases my knowledge.

So ... I thought by giving a free public-talk, in a smaller crowd ... I could share trading ideas with readers and some of those experienced traders ... giving pointers in a closed place. Yes, I could learn from them too!!


Contents : How do we deal with our EMOTIONS? I will be more of sharing my experiences ... how I struggled at early stage ... then how slowly I have accepted the game-of-stocks. Controlling our emotion is always a very important part in trading.

For example : Catching a knife .... say in AirAsia now.


Besides the charts ... there are emotions involved. Should I cut-loss? Should I average down? Or should I buy now?

That is what I want to share about today.

Maybe my topic is not catchy enough : EMOTION?

Well ... need to crack my head and come-out with a better topic then.

Note to myself : It is not what you want to talk about but what others want to hear.

contact me at : 012 - 821 0129 for details.

TEH

Friday, May 22, 2015

Public Talk #3 : Emotion


http://www.tratles.net/2015/05/22/public-talk-3-emotion/

Tmr will be my #3 public talk ... also a reason why I am attending the ToastMaster Club, to learn how to give a good talk. Practice makes perfect, they said.

Anyway, I have 6-8 stated their interest to come (please contact me again for the details and confirmation you are coming tmr. Thanks)

As I have limited space(only can seat 15 at most), hope to fill in empty spaces.

The talk tmr will be about EMOTION.

Yesterday KLCI dived ... due to 11MP? Hmm ... that really no give face to Najib (as Ah Din's video went viral).


http://cpteh.blogspot.com/2015/05/klci-below-200ma.html

So ... the Monday e-meeting could help many of my members to know that KLCI rebounded NOT sustainable (Sold MISC RM8.49, Sold Axiata RM6.75, Sold Sold Tenaga at RM14.30, Sold IOICorp at 4.35) ... that is my M.A.T.I list which I bought hugely inside them during recent correction. Sold Airport yesterday too ... sold CMSB ... sold Inari ... sold FGV (huge losses here) ... Sold MBSB (at 1.95 resistance) ... Sold Scable( yesterday 1.46, bought 1.34 average the day before) ... Sold Homeriz ... Sold ... sell sell ...

I bought many during the sales ... 12th-13th May. This month is a good month, with for few small losses. The score ... have not updated ... should be around 25 - 10, I think.

Time to rest ... keep the cash as for now. The upside is not worth the risk. So, keep the profits and WAIT for that day ... the sell-down. It will come ...

cohort-18 : Planning on 6th and 7th June next month. This might be an interesting one IF market is to DIVE before my trading  workshop!! Adding few new items I learnt, cutting less the stories. haha.

Stock-watch : This is to track on my trades ... good or bad. May is over soon, so join me in June for a month trial. I do have e-meeting on Monday night(weekly without miss) to explain and update the members ... and once in a while, I will have free e-meeting for members ... especially for those wish to learn. Yes ... I added the learning-elements in my Stock-Watch, which previously not. Also, with www.tratles.net having new face, members could check the updates there as I m keeping some of the trades done(for learning purposes).

Learn to trade well ... and we could sustain in market. Increase our knowledge, less talk non-sense ... we could be better traders.

I am 6 yrs in KLSE now ... 2 yrs in FKLI/FCPO.

Let's share our EMOTIONAL experiences in my talk tmr!!




TEH

Wednesday, May 20, 2015

KLCI below 200MA



KLCI dived ... below 200MA, again. Here we go again ... only last night I told during e-meeting the current rebound is not sustainable ... and telling to watch 1837 resistance level to SELL.

Tried to sell Airport for profit, ex-div today ... but it was not liquid. Sold part in the morning ... still have some.

Many sold MISC at 8.50 level, I was too slow ... it gapped down during closing to RM8.36.

If KLCI dive below 1800 level, will be glad to wait ... but DOW at new high!!

Few breakout to new high today : Homeriz broken 1.25 and ECS above RM1.73.

e-meeting : To promote my public-talk (this Saturday ... 5 contacted me so far, don't know if they are for real to come) ... I will have an e-meeting for all on Thu night, 9.30pm.

https://www.facebook.com/tratles

Night

TEH