| Latest Forum Topics / Others |
 Post Reply
|
|
It seemed Fewer Contributions in this Forum...?
|
|
|
elfinchilde
Elite |
03-Aug-2007 23:51
|
|
x 0
x 0 Alert Admin |
ah. finally found back this thread. daffodils, hope the following info helps. pls do take it as just another opinion, and not the gospel truth, alright? strictly my opinion. do make up your own mind. :) note: i do not know your buy prices, the amt of funds you have, and your trading personality, so can't tell you whether to even up or sell some or lock in. but briefly, in my own opinion: the ones worth keeping long term: RH energy, yangjiziang, straitsA. respectively an energy play, a shipping play and a commodities (mainly coal) play. so there's sufficient diversity. as for the rest: look for a chance to sell into strength, rather than dumping at one go, esp if you are holding a lot of the counter. the aim, like kilroy said, is to minimise loss. alternative is to buy in at nadir and average down. but that might be risky in this market plus assumes you have backup funds and time to wait. won't give the full tech details since too many of them here. hehe. YHI in midst of downtrending even before this drop. punted counter tho, and close to oversold; so will likely rebound a little. wait for recovery to abt 45-48c to sell. You don't have to cut it since it's been trading around this range since last year. (as eastonbay observed alr). ChinaAngel: near its 52 week low and oversold. so wait for rebound to sell into strength. SJ doesn't show charts for this counter (?), so i can't give the px guide. apologies. CSC: rebounding for now but this counter is seriously overvalued and too speculative. look for opp to sell into strength. esp since the viable support at 31c and then again at 17c. (ie, when it hits a peak and starts turning down, sell it. williams is your best guide in this market: look for an up and a turning to down: sell on the turn to down. same goes for the other counters in same boat). ipco: sell if it rebounds to abt 10c. has been on downtrend since before the US jitters actually. be careful of a break below 7c. jackspeed: downtrending even before this. cut asap. vol dropping too low alr. plus, at all time high, so there's quite a steep fall possible still, but upside is limited. multicon: support at ~21c. already oversold. so shd likely rebound. possibly to the mid-30s range. might have to wait for a bit tho. in midst of MACD downtrend. if you want to play safe, sell a bit each time it goes up a bit. i don't know the FA of this company. so use that as your guide (ie, loss making company, then opt for the selling each time it goes up. if it's turning a profit; you can opt to hold for the 30c range.) ok that's it! pls use the above as just a guide and not the be-all and end-all yea. :) also: do watch for macro trends. US market is shaking the entire global scene. the plus point for most of your counters tho, is that most of them are pennies: ie, no foreign funds in them. so what's shaking them is over-speculation and fear: Weed out the speculatives and cut them; hold onto the ones that have some fundamentals. good luck! :)))) zzz...ok elfie going back to sleep...nites! |
| Useful To Me Not Useful To Me | |
|
hohokit
Veteran |
03-Aug-2007 10:30
|
|
x 0
x 0 Alert Admin |
Don't worry Daffodils you are in good hand.Some of the advise posted are very good,pick the right ones to suit you.Wish you all the best and cheers.
|
| Useful To Me Not Useful To Me | |
|
|
|
|
EastonBay
Master |
03-Aug-2007 10:19
|
|
x 0
x 0 Alert Admin |
Daffodils, in my opinion, not all of your counters are speculative.. I suspect you bought them at recent highs that's why they are losing... If I can afford it, I will keep Yangzijiang. It has good fundamentals. It is 2nd largest shipbuilder in China and of course other data to support its fundamental. I do have to qualify that I do not know your entry price, if you bought it at the highest high and need the cash back, you might need to cut lose.. Otherwise for long term, it worthwhile keeping(in my humber opinion) YHI: This is another one that I will wait for a better price to sell. It has a pattern of trading between 44c-48c. When the market tumbles, it trades btw 40c-44c... its directors were collecting at 39.5 and 40c when the market last corrected. I had this counter before and sold off mid June and early July at 49c and 47.5c. That's why I recognise the pattern. |
| Useful To Me Not Useful To Me | |
|
KiLrOy
Master |
03-Aug-2007 09:54
Yells: "I buy only what I can see." |
|
x 0
x 0 Alert Admin |
daffodils, If you are worried, you can sell your holdings on a next rally (may not mean making a profit but generally losing less). Usually when i setup a LONG FX trade and if its not going my way but still not hitting my stop loss, I will sell at the next rally either for a small profit or a small lost. Jus my 2 cts. |
| Useful To Me Not Useful To Me | |
|
cyjjerry85
Elite |
02-Aug-2007 23:26
|
|
x 0
x 0 Alert Admin |
yes i did notice the big drop in SJ contributions too during this bear market...the buzz will be up again when the bull is back |
| Useful To Me Not Useful To Me | |
|
|
|
|
ekekeg
Veteran |
02-Aug-2007 21:21
|
|
x 0
x 0 Alert Admin |
8 out of 10 are out of money now thanks to the puncture in the uptrend. Do not have "jing shen", to contribute. Have to wait at least a month before the buzz returns. This time, you may get better contributions. |
| Useful To Me Not Useful To Me | |
|
Sporeguy
Elite |
02-Aug-2007 20:43
|
|
x 0
x 0 Alert Admin |
Buat Bodoh in Hokkien means Kekek. |
| Useful To Me Not Useful To Me | |
|
Sporeguy
Elite |
02-Aug-2007 20:38
|
|
x 0
x 0 Alert Admin |
Just for fun, BB means Buat Bodoh |
| Useful To Me Not Useful To Me | |
|
|
|
|
shplayer
Elite |
02-Aug-2007 17:42
|
|
x 0
x 0 Alert Admin |
daffodil, Adding to elf's post, for eps, check if there was a 'extraordinary' or 'one off' gain. If there is, exclude it to get a better picture of the 'operational' eps. This will give you a better picture of how well the company is doing in its core business. |
| Useful To Me Not Useful To Me | |
|
ruanlai
Master |
02-Aug-2007 15:45
|
|
x 0
x 0 Alert Admin |
Now the situation is every got shares Morning Sell first and closing buy back........ Repeat this pattern for Aug, you will HUAT HUAT ** 88 ** |
| Useful To Me Not Useful To Me | |
|
jng1103
Senior |
02-Aug-2007 15:32
|
|
x 0
x 0 Alert Admin |
Hi Daff, Good luck... it was once speculated TP $0.50 but alamak... horse running out of gas liao  Now oil price so high, no wonder all horses cannot run liao  I oso kena stuck there at 0.36... sianz
|
| Useful To Me Not Useful To Me | |
|
Daffodils
Member |
02-Aug-2007 15:14
|
|
x 0
x 0 Alert Admin |
Hi Jng, I have 20 lots at 0.455, 20 lots at 0.33 and 20 lots at 0.27 |
| Useful To Me Not Useful To Me | |
|
|
|
|
jng1103
Senior |
02-Aug-2007 15:13
|
|
x 0
x 0 Alert Admin |
Hi Doff, What's the price u bought MultiCon? how many lots? |
| Useful To Me Not Useful To Me | |
|
adrianpang05
Member |
02-Aug-2007 15:11
|
|
x 0
x 0 Alert Admin |
Wa! Jialat ar!!! |
| Useful To Me Not Useful To Me | |
|
Daffodils
Member |
02-Aug-2007 15:07
|
|
x 0
x 0 Alert Admin |
Hi Elfinchide, I bought all speculative shares .... my counters are as follows: 1. ChinaAngel 2. CSC 3.Ipco 4. Jackspeed 5. Multi-con 6. RH Energy 7. CSC 8. Straits Asia 9. Yangzijiang 10. YHI Am i in a very bad state? |
| Useful To Me Not Useful To Me | |
|
baseerahmed
Master |
02-Aug-2007 15:02
|
|
x 0
x 0 Alert Admin |
..hey .. a bit funny isn't it ? .... this thread seems to be moving fast ...isn't it ....hahaha ! |
| Useful To Me Not Useful To Me | |
|
baseerahmed
Master |
02-Aug-2007 14:55
|
|
x 0
x 0 Alert Admin |
elfinchilde : hahaha ! since when did the Greats admit that they are Great !....this humility alone makes u a Great ! : ) |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
02-Aug-2007 14:30
|
|
x 0
x 0 Alert Admin |
hm and yea, caveat emptor first: pls take whatever i give as just an opinion, k? i'm not always right! |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
02-Aug-2007 14:25
|
|
x 0
x 0 Alert Admin |
hullo daffodil (pretty flower!): sorry to hear you got stuck. what counters are you holding? if you know how to read ARs (annual reports), then i suggest going to sgx website, download the last FYE AR of the company you're vested in, and read through to see if their current px is justified. if it is not, cut. If it is, can hold. cos this is going to be a cruel market where the fundamentally sound ones will hold and later go up (in accordance with their value), but speculatives will drop. so there's a need to return to value. Briefly, in the ARs, looks for: EPS, NAV, cash flow (shd be positive). see if any news to justify further profits yoy. NAV shd not be more than 2x what your current stock px is. (eg, if NAV is 10c, then the stock is worth 20c at a 2x book to price ratio.). EPS--for the PE ratio--is a bit more tricky: you need to see with the stocks in its own industry, to derive a fair estimate for the trading ratio (eg, props are btwn 8x to 30x--so take approx 15-20x as 'fair value'), then multiply the EPS by that. so if your EPS in the AR is 0.8c for instance, and the ave PE ratio in the industry is 20x, then a 'fair value' for the stock is 20 x 0.8 = 16c. ie, 0.16 is its fair trading px. additionally, if you want to take a gamble, then techs will tell you if momentum is sustainable longer term. if what you are holding are all speculatives tho, then perhaps better to cut. nevermind if it goes up after; hindsight is perfect. capital protection is more impt. anw, if this is all too confusing for now (do learn to read all the ARs and/or techs tho, its very useful), name me yr counters, i'll try to give the reading on them. pls not too many tho or i'll pengsan! :P ok back to wk; perhaps later tonight. :) |
| Useful To Me Not Useful To Me | |
|
Daffodils
Member |
02-Aug-2007 13:58
|
|
x 0
x 0 Alert Admin |
Elfinchilde, Thanks so much for your explanation. I am in a very bad situation. Lots of money stuck. dont know if i should cut loss or hold on to the " National day Rally" myth? Any advise? Thanks |
| Useful To Me Not Useful To Me | |