Success in Stock Market through Value Investment
Ok, I bought it at high price, now I think is the best time to collect and pull down the average purchase price. This is good stock to collect, at the same time can enjoy the dividend. Not like Mphbcap, no dividend, very sad but still have to hold it for miracle. Therefore, fund will use to collect Bpplas.
Where am I now? Likely at capitulation stage :( for mphbcap, a&m, bpplas and nearly to despondency stage also. Meaning the downtrend is almost complete soon. Most of the weak one already wipe out.
A&M from gain to loss, anyway I have already locked in some major profit. The rest is the purchase at higher price.
Bpplas in loss.
Mphbcap loss look like reaching the "peak" loss already.
Add in cabnet for some reasons.
I hope 3 of them can recover soon and I will not sell in loss unless the company facing financial structural damage.
I`m value investor, I have patience and I will be rewarded, and this is just matter of time. Law of attraction :)
I'm lucky sold 30% holding during the price at above 1.50. Now I'm again bought back at 1.42. This is a chance when other people see bad, but I see an opportunity. I'm waiting another massive public shooting the bull again...
Still cheap, preparing to top up if it able to stand above 1.50. This is meaningful breakout, mean below 1.50 will become a history.
I'm waiting a breakout of 1.50 bottom resistance. Once it clear, we will see the starting of uptrend line. This move can last for at least 3 months.
Can see the investors collection mode quite quietly. Very careful step, but aim the bull still can smell it. This is through experience, with some technical experience. Most important the 6th sense.
I`m adding more after taking profit from A&M.
The movement in good progress, waiting to break 1.50. Once it break it, will for sure accelerate the move up progress.
Waiting a good news to charge in i.e. good top line and bottom line performance.
Look like it start to head out. Next week will able to see the clearer picture. Hope I can confirm the bottom is reached next week.
After sell some of the HIL, finally I have additional fund go to buy other stock. I have monitored BPPLAS long time already, now I have chance to allocate some fund for it.
Now 1.4 for me is good entry price. I always like to buy a stock when it like zombie move, or dead walk. Meaning it has likely at bottom after long day of down trend movement.
Financial wise is cash rich company. I like company with big cash, manageable debt. BP Plastics somemore no debt. Then it turn out my favorite stock to monitor and of course to go in when fund is available.
This is growth stock as well, therefore, I will pump in $20k, and hold for something great to kick off.
Dear trader,
Potential stock to buy today:
12/07/2016
1) LBALUM (9326)
Price : RM0.630
Target price: RM0.670/ RM0.715
Cut loss : RM0.565
* SYARIAH COUNTER*
2) SUPERLN (7235)
Price : RM2.34
Target price: RM2.62
Cut loss : RM2.15
* SYARIAH COUNTER*
3) TADMAX (4022)
Price : RM0.495
Target price: RM0.550/ RM0.590
Cut loss : RM0.440
4) BPPLAS (5100)
Price : RM1.68
Target price: RM1.90
Cut loss : RM1.56
* SYARIAH COUNTER*
5) UMW (4588)
Price : RM5.62
Target price: RM6.50
Cut loss : RM4.88
* SYARIAH COUNTER*
6) MYEG (0138)
Price : RM1.79
Target price: RM2.00
Cut loss : RM1.67
* SYARIAH COUNTER*
Source : RHB RESEARCH INSTITUTE
Disclaimers: This trading ideas are issued and distributed in Malaysia by RHBIB only . The views and opinions in this ideas are our own as of the date hereof and is subject to change.
