^V^ Who said it is impossible to make $$$$$ in bear mkt ? ^V^

^V^

Let compare my forehand call on AA with singh's backhand call on AA, is TA works ? MY FOOT ! Is FA not fruitful ? u must be KIDDING !!!

My call on AirAsia 9 June 2008 >>

----- Original Message ----
From: samltt88
To: Benjamin Tey
Cc: chunchuan,ex10sion ,apchan anand, abdullahnizam; lylsham72; ahtoon; amelie. kentau; aus2070; ,herbertyeo; darren.auyeong@dhl. dylangohce; beckham_scud7; juneng; welix; foongpp; koonkhim; utm_ksteoh2000; cheahaurshyang; kkheng_tan; acoolbook@, cctang; tancg2u; cheety; djburger; alenac.chua; ccdeville70; susanto.effendy; fafollower; faridg81; learning.ydy;newbies ; felixkcooi; Sent: Monday, June 9, 2008 2:24:58 PM
Subject: ^V^ Every stock has its value , AA ^V^

^V^

I still remember when i first bought Liondiv @ 1.03 in year 2004 , that time i was in china, i went to almost all d parkson outlets in shanghai n beijing , i found 2 good stuffs in Parkson china " ,

First "crowded "

Second " Branded , mainland chinese taking parkson as branded goods like LV, GA , jusco n starbucks.

Ok..all these r old time stories already..back to my point:_

Yesterday noon , i brought my maid to lcct 4 balik kampong , once i reached there, i saw "parking penuh" signboard at d parking entrance ,that is not d worst part, d worst part was i were stuck in traffic jam right in front of d arrival exit, u can see lots of cars parked in front of d entrance ! it is just like driving into PuduRaya bus station !

That is not d end yet , since my maid doesnt know how to check in n get d boarding pass, i got no choice but to do all that for her, i went to check in :-

Sam : hi, this is d ticket no n passport.

AA staff : gd evening sir, any lagguage ?

sam : yes .

AA staff : one only ?

Sam : Yes.

AA staff:Sir , RM90.00 pls

Sam : What ? what RM90 ???

AA: Sir , yr lagguage is over weighted by 6 kg, every excess kg we charged u Rm15.00

OMG !!!

I talked to myself , This Tony bugger is really blood sucker !! RM90.00 is almost half of d air fare lah ! no wonder AA can still make $$$$ in its latest QE despite d one-time foreign exchange gain lah. shit !like that i will surely buy AA once she drop to 0.80+ !!

Guys, to undestand a company's earning better, we must'nt sit in offcie to do analysis, sometimes we need to go to d ground n see it ourselves .

Every stock has its value , buying king of bluechip " Public bank" @ >RM20.00 is no longer value buy as compared to Ranhill @ 0.50 . High crude oil will definitely bring negative effect in AA earning, but then.. has it factored in its recent dip already ? AA is now traded below its IPO n NTA.

Put yrself as budget consumer , if u need to budget yr spending to counter high inflation, which one u choose ? Won Ton mee( high class air carrier) with 3.80 per bowl or roti canai (AA) with 0.80 per piece ?

No doubt AA gearing is high, but then tell me which airline company ;s gearing is not high except SIA n cathay pacific ??

Take a look at its 2 qe , 1st qe = 7.7 cts , 2nd qe= 6.8 cts

let presume 3 rd qe = 2cts n 4 qtr = zero cts..ok ??

total EPS for 08 = 16.5cts which giving u PE of 4+ !!

u may ask..how about next year ?? well.. i dont think crude oil will trade at high 4ever, somehow she will come back to usd100+- by begining of next year.

n also never forget d landing rights of AA n its air liecense !

Those who follow me to buy AA @ 0.80+- in stages , pls be prepared to hold , i dont think AA will bounce back to >1.15 in short n mid term.

My initial TP n plan 4 AA:-

Buy @ 0.80+- in stages

run @ >1.00 to 1.06 targetted 30% return ^V^

Refer to d attachment, u can see Government funds r slowly buying in AA @ 1.00+-, look at d date of their purchases.

Hesitate to buy? perhaps u shld look at my Tenaga @6.75, 40% returns in less than 3 months not a good deal ??

I will let u know once i am in .

*************************************************************************************
See? After Tenaga @6.75 , AA @0.80+- DELIVERED again in less than 2 months !! if FA not fruitful ? Tenaga is big blue chip, AA is mini/midi blue chip , buy blue chip @ PE < 10 in bear mkt is definitely a gem for mid n long term hold ! bukan ?

i still remember one sour Taiko blogger said " of course lah ! tell me who doesnt make $$$$$ if he bought shares in 2006 ? well.... perhaps u shld ask yrself, is 2008 a bull year ? y we still managed to make decent gain lately ? need a second thought again ?

AA closed at 1.15 today, those who bought @ 0.80+-, is time for u to take profit now ! sell first n buy back later ^V^

*************************************************************************************
Now , take a look at what Singh commentted on Airasia >>>
SELL call by singh >>>

Monday, June 16, 2008
AirAsia still profitable on US$200 a barrel oil?

Found this article reported in Malaysian Insider: http://themalaysianinsider.com/index.php/home/42-lead-stories/505-airasia-still-profitable-on-us200-a-barrel-oil-ceo-says

My thoughts and comments follows:

My Comments:

To be honest, my initial reaction when I read this is "You Got to be Joking"! This must surely be a "Big Talk" by the CEO in response to sagging AIRASIA prices (closed 87.5 sen, close to all time low). Only time I suppose will prove whether he is right or wrong.

There is some logic to what he says. In times like this, I can accept that there will be more rational competition within the industry, and from a business owner perspective, this should be beneficial in terms of ability to price higher as a general comment.

But I also seriously wonder what Tony means by "profitable". We all know that Reported Profit is not the same thing as Cash Flow. And the definition of Profits can mean different things depending on which side of the fence the Accountant sits. Ultimately, Cash is King and this is not necessarily the same thing as Profit. And I noticed that the $162M Profit reported here - this time whilst acknowledging Foreign exchange gain - still did not acknowledge the Tax Credits. And Tax Credits is not real Cash. Excluding both, it's still not $162M but $23M. (see my earlier article on where $23M is derived - I don't sense Tony (or the Journalist) is being completely honest here in attributing the profit growth, and this to me is worrying. Why? Because when management starts lying to the public, the biggest danger is not when they don't fool the public, but when they end up lying to themselves and start believing their lies, and then make new decisions based on the half-truths. Of course, not all lies told are intentional. But this is a source of concern, because they might not be facing up to the full truth.

Second is the policy of not hedging during "volatile" times. Today is June, and he says he is still hedged from Apr to June. I wondered why he didn't say this (not hedging during volatile times) a lot earlier like late last year. I mean when did he come to the realization that oil is now volatile? This month? Last month? I think anyone - who tracks crude oil price closely and observe crude oil price charts - should see a price break-out above $80 happening as early as September last year. Break-outs are by definition "volatile" times, since when this happens, the market price breaks out, and becomes much higher than all previous prices before then. If this phenomena is not volatile then, then, I don't know what is (volatile). So, wouldn't one reasonably expect that this "realization" should have happened by September last year? But did he stopped hedging by September last year?

Perhaps $80 is still not "high enough". Ok. What about by December last year (5-6 months ago) when it broke out above $100? Surely it must be considered volatile already by then. After all, just months before that, it was trading at half the price (only $50-$55)? So, I am really curious as to when he came to that realization that crude oil first became"volatile". And my query is did he stopped hedging by December last year? If not, why not?

Or is this "stop hedging decision" a new decision just made this month? For the purpose of promoting this news article? I'm not an AirAsia fan, so, I might not have noticed it and perhaps, he might just be reiterating what is already a policy previously.

The other concern I have is the nature of the business itself. There is no doubt that times are tougher now. Higher global and domestic inflation arising from increase in global commodity and food prices, with multiplier / chain-reaction effects. Air travel will either reduce or suffer a smaller growth rate - okay, not as bad as 2003 SARS perhaps, but adversely affected nonetheless. (Don't tell me the current crisis are all planned and known in advance last year.) But unlike 2003 SARS, the business, global and operating environment (e.g. price of crude oil, etc.) today is very different and volatile. Back in 2003, crude oil "peak" is only $40. Today the peak is $140. Has airfares increased proportionately? Or are we still seeing heavily discounted fares in the industry? Or has the competition gone worse in terms of pricing?

Further interest rates are set to rise with higher inflation. I don't think AirAsia financing needs and costs are going to come down any time soon. Instead, with further new planes coming in and further expansion plans, they will eventually need further increase in financing, and one can only expect AA's financing costs to go up relatively higher than its competitors with better looking balance sheets. AirAsia's relatively newer fleet too will be hit hard with higher depreciation costs relative to its competitors with older plane fleets, at the a time when air travel revenues are likely to face a squeeze rather than growing fast.

To me, this is a very risky business plan. As Tony acknowledge, the prudent plan is to scale down expansion plans, cut down new aircraft purchases or defer buying. The obvious risk is that AA ends up with a lot more planes and excess capacity than it really needs or can utilize reasonably. This is a comparative analysis comparing current situation, future situation against past situation in a general manner. Of course, if anyone has very specific modelling which clearly show the situation in the past, present and future (3 scenarios), then, I'll be very happy to comment. But in my own judgement, if Airasia were to find itself to become unprofitable, I am afraid, it would become extremely difficult if not impossible to get out of the hole as it is playing an extremely high stake game with such huge borrowings and expansion plans. Buffett's analogy of driving with a knife pointing at the driver's heart comes into mind, because the slightest pothole and bump is likely to kill the driver.

Anyway, only time will tell whether AirAsia will come out smelling like roses, or we'll see serious deterioration in profits.

I do like though Tony's attempts at trying everything possible to make sure that AA remains profitable, including selling washing machines. All good managers are like that - extremely determined, persistent, and innovative. The only problem is I'm not sure I want to carry that heavy washing machine home by myself ... but I'm sure Tony will think of home delivery service as well before I can think of it! But at the end of the day, Air Asia must know its core competency, and I'm again reminded by Buffett's quote that when good managers faces a business with deteriorating economics, the latter usually almost always wins.
Posted by Seng at 10:22 PM 1 comments
*************************************************************************************

Halooo Singh , AA closed today @1.15+-, rose smell or shit smell ?

U r again reminded by Buffett's quote ? really? come on singh !Buffett also quoted that TA is a kiss of death ! u dont agreed with him ah ? or u forgot liao ? ha ha dont quote buffett to show u r good in FA lah..if u agreed with buffett method, u wont be using TA for yr share trades liaoooo ! bukan ?

Do I need TA to time d bottom ?

Alles Ausser Irdisch

Bueno! que divertida la obra de titeres que han hecho con nuestros querido muñecos, no os podeis imaginar la alegria de los niños presentes, nosotros incluidos :). Ahi van algunas fotos del evento:

Alles Ausser Irdisch

Bueno! que divertida la obra de titeres que han hecho con nuestros querido muñecos, no os podeis imaginar la alegria de los niños presentes, nosotros incluidos :). Ahi van algunas fotos del evento:

LET at FIB benicassim 08

Como toda la gente joven y linda del mundo Let no se podia perder el festival de Benicassim, asi que lo llevamos y se lo paso pipa!para ver las fotos haz un click en la imagen debajo:

LET at FIB benicassim 08

Como toda la gente joven y linda del mundo Let no se podia perder el festival de Benicassim, asi que lo llevamos y se lo paso pipa!para ver las fotos haz un click en la imagen debajo:

^V^To Darlie singh 's fans , U know what backhander singh did last summer ?? dont lie darlie singh ! ^V^

Darlie singh told his fans that he has sold off all his Parkson in Q4/07 (read d chat below), really ? he sold all off ?

******************************************************************************
Singh: Well, if they haven't sold it, then, what choice have they got?
22 Jul 08, 12:38
Moolah: So hold from 8 to 4?
Singh: Actually, SSEC kaputs earlier back in Q4/07. I cabut my investment after nearly doubling it ...
22 Jul 08, 12:37
Moolah: LOL!
22 Jul 08, 12:37
Singh: Now? Parkson's future prospects kaput when SSEC kaputs ... then (Q1/08) would be a good time to cabut ... now ... somewhat on the lowish side ... much tougher to call if one isn't a market timer ...
22 Jul 08, 12:36
Singh: Meaning one speculates it's a growth stock, but if the growth / future prospects kaputs then, it will be penalized heavily.

********************************************************************************

REALLY ? SINGH SOLD OFF ALL HIS PARKSON IN Q4/07 ??? perhaps u should read what he has posted on 3/6/2008 (He called to buy Parkson @6.00) !!! read >>>

*******************************************************************************
Tuesday, June 3, 2008
PARKSON & A Position Size Idea in face of Uncertainty

This article is dedicated to “dorraidd” who discussed Parkson passionately with me in my chatbox today, and kindly urged me to cut loss. I thank you for your kind advice. The article is also dedicated to all readers who wishes to explore alternative, non-standard position sizing idea. A disclaimer: I don’t necessarily practiced it exactly this way, although I do own Parkson at the time of writing.


Having said this, the reason why Parkson is highly favored as a business is quite easy to imagine. Think past spectacular growth results and exciting future prospects from the huge China retail population. Think China economic miracle, rapidly and continuously growing and unstoppable rich and middle class with greater and greater purchasing power over time, proven business model in China and scalability to other areas, think untapped demographics and the huge 1.3 billion population, non-saturation even over the next 10 to 20 years in future, etc. There are many, many better and more skillful writers who can paint a better picture about the future prospects of Parkson’s business, as well as its phenomenal past growth.

However, the truth is deep inside me, I am not 100% convinced with such stories. Why? Because Parkson trades at a high P/E and its price action volatile. I immediately think of Green Packet and Top Glove, both of which were previously high growth stocks and now got punished hugely when they don’t deliver the earnings growth. Green Packet more than Top Glove.

But I must also say, that unlike Green Packet and Top Glove, Parkson does have the unique China appeal, making its growth story more robust. (I think you can see how torn apart I am). The dilemma is China growth – if Parkson can no longer grow its earnings from such a huge market potential like China, then which company can? Of course, Parkson also has operations in Vietnam and Malaysia, although we know the earnings contribution from these 2 countries are small, and the vast majority (nearly 90%) is from Greater China alone. As a trader cum investor, the question is how to take advantage of current low price (Reference : $5.6). Is this low price an opportunity? Or is it a bear trap? Or is the low price going to become high price in future?

In this situation, I personally find it useful to look at the situation from as many perspectives as possible.

The first perspective I would start with is that of a chartist trader. He would look at this chart here:

And he would probably say “UGLY” – don’t touch it. Why?

Well, if one is a trend following trader (trend following traders typically want a go signal from either trend following indicators such as MACD, Moving Averages, or a bullish looking chart pattern), then, Parkson does not fit the criteria. MACD is still moving downwards. EMAs across many durations are pointing downwards, even a downtrend is visible since the peak on 2 Jan 2008. So, trend-following traders would probably wait for the downtrend trend to reverse itself first, before thinking of jumping in. These include break-out traders as well.

What about the “oscillator-type” traders who buys low and sell high within a channel? Well, in such a situation, the stochastics would clearly show “over-sold” conditions across a wide range of parameter, and such suggests possible “Buy”, although experienced stochastics traders know that in a prolonged downtrend, they can indicate “over-sold” for quite a long time. And trading a channel that is declining is not exactly high probability stuff. So, prudent oscillator-type traders would also probably wait for a little while first.

Even traders using candlesticks would also not consider touching Parkson, as there is simply no “reversal” signal yet.

In short, I would think 90% of the professional traders probably won’t touch Parkson at end of today, at 4.59 PM.

However, as usual, when the price of what is perceived as a wonderful business comes down, another group of investors starts to salivate and get excited. These are the true investors, who wants to buy when the price is low and when they think it is a bargain. The question is is it a bargain at $5.6?

There are many types of investors, but probably the largest group of investors are those who likes the Sum of Parts of Parkson. As you know, Parkson operates in 3 countries – HK, Vietnam, Malaysia, and the proponents usually – for simplicity – put a zero value for Vietnam and Malaysia operations for convenience, even though both operations are profitable. The reason is because the earnings contribution is small. Whereas for Parkson HK, it is listed in HK Stock Exchange, it’s a fairly liquid stock, and so, the market value of the stock is easily referenced. In fact, Parkson owns approximately 53.5% of Parkson HK, and so, at closing price of HKD61.5, and using an exchange rate of 1 RM = HKD2.45, yields a Market Value of approximately RM7.5 Billion. When divided by 1.04 Billion shares outstanding currently, this gives a Market Price of say RM7.2.

Now, this is not the only way to put a value for Parkson, since even amongst the Sum of Parts practitioner, there are a huge variation of practitioners. E.g. some would argue that since Parkson also have approximately RM500 M Redeemable Convertible Secured Loan Stock (or RCSLS) of which RM195M has been converted leaving RM305M left, which represents approximately 76M additional Parkson shares, the price should not be divided by 1.04 Billion but 1.11 Billion. This gives a price of say RM6.7. But I think this does not give credit to the improved Balance Sheet after such conversions, not to mention that when such loans are converted to stocks, there is no longer any interest payments which represents savings. So, I would still put more weight on RM7.2 figure than RM 6.7 figure. Perhaps there is a spectrum there.

And then, there is the “fusion” valuers who combines both TA and FA to get an idea of the fair value of Parkson. But these guys are probably rarer (since the discipline is to differentiate TA vs FA in valuation, i.e. valuation typically do not incorporate TA price targets in their valuation) and doesn’t appear to influence large institutional funds based on past analysts reports that I’ve read.

Looking from the perspective of the institutional holders, again, most of the stories sold are based on valuation and its future prospects. TA is not ignored, but not used alone for long-term position type holdings. It is interesting that the most recent reference is a “left hand” selling to “right hand” at market price is around HKD67.45 transacted at end May 2008. Prior to that on 9 Jan 2008, they were able to place a block of 8 million Parkson HK shares out at HKD78.66, a considerably higher price than HKD67.45, but close to market prices then. The gap between HKD61.5 vs HKD67.45 and vs HKD78.66 is quite large, ranging from 9% to 22%. So, current market price HKD61.5 seems low, although market prices are still market prices. And because Parkson holds Parkson HK, the market likes to apply a 20% discount factor, although in the original reasoning to split Parkson business from LIONDIV, it is argued that such an exercise should “unlock” this discount factor. Still market forgets, and revert to applying the 20% discount factor, and then, change their minds and spikes up each time Parkson disposes its HK shares at market prices. Such is the fickle and nature of market prices.
In short, there is a wide variety of investors, but the general consensus amongst this group is that Parkson is looking cheaper as the price falls. Nothing surprising there.


In other words, what I’m thinking is is there a way to combine both FA and TA in deciding the position sizing?

Let me explain more.

Currently, one of the attractions of Parkson is that maybe, the Parkson HK price is supported at say HKD50, which is a strong horizontal support. There is another higher support at HKD59. If price is an indicator of companies health and smart monies understanding of company’s health, then, one could say that Parkson’s business may still be healthy if the price does not fall below HKD59 or below HKD50. In other words, one possible strategy is to cut loss when Parkson HK price falls below HKD50 say.

In other words, when Parkson HK price is “healthy”, then, any local Parkson price dips is seen as opportunity to accumulate but when Parkson HK price crashes, one cut loss.

Let say the risk of loss when this happen is preset to 2% capital. Let say for simplicity, capital is $1 million. In other words, in the worst case scenario, you cut loss and the maximum loss is $20,000.

The question now is at what price should one enter, and how much?

Now, at HKD 50, Parkson is equivalent to $5.88. So, the current price appears to be a bargain in this respect. So, can we design a buy in schedule so that at progressively lower price than $5.88, we would buy increasing amount, but below the stop loss price, we would sell out completely so that the total loss is only $20,000?

On the local charts we see Parkson have a support of $5. The 22 day moving average of the True Range for Parkson is around 27 sen. Let’s set the stop loss at say $4.7. Let’s assume for simplicity commissions is 0.5% per trade. Let’s say we want to progressively buy in more as the price falls, in 10 sen steps, from $6 to $4.8. And at $4.7, we will cut our loss and sell out and lose $20,000. The question then is how much to buy at each price? Let say at each price we risk $20,000 / 13 = $1,538. 13 because we note that there are 13 possible buy ins, from 6, 5.9, 5.8, 5.7, 5.6, … all the way to 4.8.

So, how much to buy in? Here is the full schedule:

Do try to study this schedule carefully since it's the heart of this article. This schedule needs interpretation. What it says is that at each price from $6 to $5.7, you buy 1,000 Parkson shares only. At $5.6 down to $5.3, you buy 2,000 shares. And at price 5.2 and 5.1, buy $3,000 shares. At $5, buy another 4000 shares. At 4.9, buy 6000 shares. At 4.8 buy 10,000 shares.

In other words, you scale your entry in. Buying much larger amounts as prices fall.

There are advantages and disadvantages with this approach. Start with advantages first.

1. As price falls, you buy more and at an increasing rate as price gets lower without exhausting capital.
- In fact, at 4.8, the buy is 10,000 shares, much larger than all previous buys.
- If local Parkson price falls to $4.8, then, you should own 38,000 shares in total at a cost of $196,277, or 19.6% capital.
- The average price paid is $5.17 after commissions, which is near the low. (do appreciate this difference, since the average price between 4.8 and 6 is 5.4, which is higher than 5.17)
- And if Parkson price recovers to $6, then, the gain is 16%, or $31.7k, or 3.2% capital.

2. Chances are (no guarantees) - you shouldn’t need to execute your stop loss at $4.7 if Parkson HK remains above HKD50. Of course, do use a different figure and recalculate all this so that syndicates to run your stop. Consider setting the stop higher, so that if they do run it down to $4.7, then, you can buy it back cheaper. Or alternatively, set the stop lower than $4.7 so that they won’t think of running the price down to $4. Basically keep them guessing.

3. Even if you need to execute your stop at $4.7, you have preset the maximum loss to $20k. In fact, it turns out that it is $18.6k, or just 1.86% capital.

4. The Reward to Risk potential is good – a respectable 1.7 times and this is already net of commissions. If the loss is not executed, and price recovers, the trade is profitable, with low risk of loss.
5. The small buys starting from $6 is designed to keep your "itch" to buy in check. Basically, you don't buy big at high prices, but small at high prices, and it scratches the strong itch to buy.


Some disadvantages:

1. Hard to understand and apply in practice at first. But like any new skill, once it is learnt, it becomes easier, and one day, 2nd nature. For someone like dorraidd, I think the schedule should be fairly obvious to him in an instant glance.

2. Possible Inefficient use of capital. If the price doesn’t fall to $4.8, but stopped at say $5.2, then, you haven’t bought the full 38,000 shares (or 20% capital), and you end up sitting on a lot of cash.
- Think a little bit about this.
- Is this good or bad in face of uncertainty?
-In fact, if price drops to only say 5.2 (and not the full 4.7), you would only accumulate 15,000 shares at the cost of 83k, with an average price of 5.53. So, just using 8% capital, keeping 92% cash when price drops to $5.2. And not executing stop loss at all if price goes up after hitting a low of $5.2.

This of course is not an exhaustive discussion about the pros and cons of the strategy, but it’s something for someone with sophistication like dorraidd to study and perhaps comment on.

Of course, the actual position sizing method I am using is different from the above. (smile) I can’t give away all my secrets right?

Happy Reading!
*************************************************************************************

From d above, u can see darlie singh is still holding his parkson shares since last year ! he is telling lie that he has dispose off all his parkson last Q4/07 !based on his TA analysis, he asked u guys not to catch d falling knife in bear mkt, but he himself go against Mr mkt ! cakap tak serupa bikin !

Halooo darlie singh, Parkson HK falled below HK50 n Parkson Msia falled to 4.24 d other day, did u executed yr stop loss button ? how much yr realised losses ? 20K ? come on.... from his TA method, u can judge yrself, is TA work ? yakkkkky smell like shit !

Singh, u r not sixteen anymore, u r more than sixty liaooo..I hv never come across such a immature "show off " old man like u b4 !It is ok to show off if yr method is proven n delivered ! but plssssss dont bring newbies to holland with all yr unworkable TA method ! be resposible for what you did !


I wonder why u never tell yr fans what happen to yr position sizing method on Parkson ? Seng blog only telling good news n keep all d bad news under pillow ?? ??bukan ?

Like someone said :- fool u once, shame on him, fool u twice, SHAME ON YOU !

Is TA works ? MY FOOT !!! LOL !

^V^XXXXX =Small Knife Cut Big Tree , 小刀削大树 ! ^V^

^V^

Well said bro Taozer Teh Seng ( pls take note, this seng is not that famous backhander holland singh )

错过 错过不是一种悲哀，果实错过了重逢腐烂在泥土里，果实错过了采摘落在地上。世界上的事情往往因为错过才显得美丽，况且我们今日的得到，也许就是昨日错过的结果。错过是一种感受一种经历，一次次的错过已经为我们筑成一座成熟的金字塔，总有一天我们将学会把握，( XXXXX )那是因为我们曾经错过。( IJMWB @ 0.38 ) .

Yes ! agreed with u Mr Teh Seng , 错过不是一种悲哀 or losses, it is bcos u 错过了 then only u learn how to pick 小刀削大树 warrant ^V^ 今日的得到结果 is bcos u 错过了^V^

My saying : 错过once , blame on me.

错过twice ,SHAME on me.

I hv rec'd lot of mails asking should we buy now or wait 4 further down !? as written in my email , buy as per my tp , if u doubt whether she has reached its bottom or not!? then u should buy in some @ current level, as for me , i have bought in 1/3 from my allocated fund, another 2/3 to go b4 it reach my tp of 200 lots ^V^ pls take note , 200 lots is only consist of 11% of my holding fund , if u add together with my other stocks in hand, it will bring down my cash position from 82 % to 75% .

If she ever fall below 0.30 ( this level is quite impossible ), i will add up another 100 lots ! that's 4 sure !

4 those who r kiasi abit, let me tell u my stories of IJMWB n YTL-WB ^V^

As per attachment, in year 2001 when i first bought my YTLWB @ avg cost of 0.52 for 213lots, at that time its mom was hanging around 4.20 , conversion 4.23 , expiry date = 5 years . right after i bought, she dropped to as low as 0.40+-, i hv inccurred paper loss of about 21K in less than 2 months, wowww...dont play play ! luckily i am not darlie singh whose use TA with stop loss for trades ha ha... otherwise i would have gone holland long long time already ! it took me less than 9 months to reach my TP of 1.45 ! this counter alone i hv made > 130K or >150% in less than 1 year ! see d beauty of 小刀削大树 !??

Take another look at IJMWB which i bought in 2006 with average cost of 0.38 for 278lots ! Conversion 4.80, mom 5.00+- with expiry date more than 5 years.talk about this ijmwb, i am very sure CYT N Felix would like to share his happiness with u guys ^V^right Felix n cyt ? ha ha , same as YTLWB, she dropped to 0.30+- after i bought , paper loss amounted to 27K+ in less than 2 months ! can u stand this type of paper loss pain ? once again, if i played with stop loss like what darlie singh did, i would hv gone holland long long time liaooo ! with d blessing of god, i hv profited 200K+ from her in less than 3 months.

CYT was complaining 2 me that we sold too early! he said we should wait until 4 something to sell off our ijmwb !ha ha u think i am god ah ? if i know it will reach 4.50, i wont be sitting on chair anymore, i should be sitting on altar already ha ha ^V^


Someone may say" of course lah...u buy in bull run mah, who doesnt make $$$$ if he bought in year 2000 ? really ? perhaps u should look at YTLWB N Resorts which i bought in year 2001, is 2001 a bull year ? still remember 911 ? tell me which year 911 took place ?

Guys, if u hv faith , patience n holding power on XXXXX, u must also hv strong mentality to stand d pain of paper loss if XXXXX drop below 0.30 ! r u ready 4 that pain ?? if yr answer is yes, congratulation ! u can go ahead n buy on dip ^V^

What can u see from YTLWB n IJMWB? what is d common they hv ?

4 those who doesnt know anything about FA , there r 3 very important criteria for warrant pick

1) Its mom must be blue chip n traded @ PE < 10 .

2) Must be in money n preferable to hv some premiuim discount.

3) Expiry date must be > 3 years, d longer d better !

Well, take a look at XXXXXX , is she not falling under these 3 criterias that i mentioned above ?

Did u see gem in XXXXX ?

Those who bought @ current price, dont be so happy , it may drop further due 2 political uncertainties , oil n inflation threat , buy in stages as what i wrote in my mail.

If she ever drop below 0.30 (this level is quite unlikely), that's d time u sailang n lock it in safe 4 long term play, call me uncle shit if u dont make double from her in 3 years time (It could be faster than that )!

This time, ni hui 错过 ma ?

2 darlie singh n 2 5 chai in my list, u be d witness !

BTW, can someone please check how much is my LPI ,RESORTS n SPSETIA worth today, if buy n hold that UGLY like Darlie Singh commentted ? now u understand y BB highly recommended buy n hold on FA stock for long term ?

BUY during bearish mkt n HOLD till bull mkt , that's how ppl make $$$$$$!

If u follow darlie singh in out in out style..ha ha may be u should listen to d great Fundamentalist Sir John Templeton said :-

***
Important Quotations By late John Templeton:

A) Rejecting technical analysis as a method for investing, Templeton says, "You must be a fundamentalist to be really successful in the market."

B) Invest---don't trade or speculate. The stock market is not a casino, but if you move in and out of stocks every time they move a point or two, the market will be your casino. And you may lose eventually---or frequently.

C) Buy Value, not market trends or the economic outlook. Ultimately, it is the individual stocks that determine the market, not vice versa. Individual stocks can rise in a bear market and fall in a bull market. So buy individual stocks, not the market trend or the economic outlook.

***
Is backhander Darlie Singh not falling under A n B ??? halooo..lembu ! what say u ?

^V^ Hello BB n all ,u should know y ppl called Darlie Singh as "马不知脸长!" ^V^

^V^

Dear BB, Do u know y darlie singh started off as FA n now spend a lot of time on TA, know y ? d answer is simple, please look at his Holland FA picks of Gpacket @4.50, Oskv1 @ 2.80, Parkson @8.00+,proton @5.00 n Tenaga @ 11.50! that's y he diverted into TA now !

No point telling him d beauty of FA cos he knows nut about FA !2 be frank, yr method is correct but u need to be flexible abit on yr FA method, dont go by d bible ! I was once like u , buy n hold 4ever , though it still benefited me in long run but i paid quite alot of opportunity cost ! look at yr parkson @5.70 , i know parkson is worth for long term hold ,but still it is not wise to jump in n go against Mr Market/Bear ! no way Mr FA could beat Mr Market in short/mid term, no way !

U may come n ask me, woww i sound like a god, how do i know when to sell n when to buy ? ha ha.. of course i am not god , know which method i am adopting for my entry n exit point ? read this >>>

http://www.myshare2u.com/shares-mutual-funds-unit-trust/4384.php

No matter which method u use, no one can time d mkt 100% correct ! that's y fund allocation n risk management came into existance ^V^

U know it is coming down but u dont know how accurate yr analysis is , what should u do ? d answer is , u should sell at least half for profit taking . same goes in up trend mkt .

If u see regional mkt traded at unreasonable High PE @> 35 , u should monitor yr cash vs shares ratio (in short, minimise yr portfolio)like what i did in Feb 2008.

U may ask also..Ooii Sinka sam , then when is d time to jump in 4 buy n hold ? Sinka Sam said " when u see all blue chips selling to u @ single digit PE, that's d time u buy n hold. "

"Refer to chat 2 " :-

I totally agreed with what Free said " seng, then tis chatbox oso same?tend to share the good news and keep the bad news? " ha ha good one from adik free ha ha.. it is not too late to know yr sifu singh like to share d good news n keep d bad news!! that's y i called him backhand smasher (chat 4) !

Refer to chat 4 :- singh said : "Wind, don't bother asking me whether I have or not - you won't benefit from it because when I cabut, I don't tell, and when I buy, I don't tell .." ha ha a classical back hand smash by darlie singh ! I think u forgot to tell these :- if i made $$$, i tell , if i lose money, i dont tell. right darlie singh ? ha ha

last one chat 3 :-

Singh said "I think a good trader can aim for 10 sen from Parkson once every month ... effectively getting Parkson to pay him dividend $1.20 per annum. "

Wowww..1.20 per annum ah ?? sure boh ? u sure win one ah ?? look at all yr trade records, we dont see u making any good forehand trades worrrr !? ada meh ? ha ha u r really 马不知脸长!

Hello darlie singh, know y ppl said yr chatbox only tell d good news n keep d bad news ?? ha ha cos u r back hand smasher ! u can stop this calling by putting yr forehand calls in yr blog like what i did ^V^ dare u ? ha ha i doubt ^V^

Chats between darlie singh n his followers as below:-


***

chat 1

Jul 08, 17:43
bullbear: ..need to go now... bye...

8 Jul 08, 17:42
bullbear: i noticed seng started off as fundamental investor... but now he spends a lot of time on technical trading...

Chat 2

8 Jul 08, 17:02
Free: seng, then tis chatbox oso same?tend to share the good new and keep the bad new?

8 Jul 08, 17:01
bullbear: seng, i have lived with them and shared their ups and downs.. but even if the market were to drop very drastically, i am pretty sure that their portfolio will still be intact...

8 Jul 08, 17:00
Singh: bb, just understand that friends tend to only share the good news and keep the bad news to themselves.

8 Jul 08, 17:00
bullbear: ..many of them are full time investors and very well off indeed...


8 Jul 08, 17:00
bullbear: .. giving them good yearly dividends and capital appreciation...


8 Jul 08, 16:59
bullbear: this is quite unlike a group of my friends who have ALL over many years build up a good portfolio of stocks...

8 Jul 08, 16:59
bullbear: one of the saddest thing i find is the inability of some investors to build up a sizeable and meaningful portfolio of stocks..

chat 3

Singh: Right now, the wind is heading south ... why be an investor?
8 Jul 08, 17:11

Singh: Wind, why not? Wait till you see bottom, then, become an investor lar ...
8 Jul 08, 17:11

toto: tat magic stock will be?
8 Jul 08, 17:11

bullbear: however, if u take a bet on a good company that multiply your returns by 10x , or more over many years... and u continue to have this in your portfolio.... isn't that wonderful too?


8 Jul 08, 17:10
Windsurfer: bullbear is a true Investor .... till death do us part .... that kind ...

8 Jul 08, 17:10
Singh: True, true ...

8 Jul 08, 17:10
Windsurfer: Seng, bullbear not a trader la ..

8 Jul 08, 17:10
bullbear: yes, seng.. i have tried to understand the traders mentality... put a large bet and a small rise per share translates into huge gains... then multiply this with many trades...

8 Jul 08, 17:09
Singh: But of course, Parkson price has fallen from $10 to $4.44 in less than a year, so, salvaging $1.20 off that huge loss is no consolation ...

8 Jul 08, 17:09
Singh: I think a good trader can aim for 10 sen from Parkson once every month ... effectively getting Parkson to pay him dividend $1.20 per annum.

8 Jul 08, 17:07
Singh: In fact, the daily fluctuation is already greater than 10 sen ... more like 22 sen average per day ...
8 Jul 08, 17:07

8 Jul 08, 17:07
bullbear: its growing very fast in china....if u believe in its business model, strategy and management... and given certain assumptions...

8 Jul 08, 17:06
Singh: That's a long time to be holding a stock just for 10 sen ... the weekly fluctuations is already greater than that.

8 Jul 08, 17:05
bullbear: dear seng, parkson is an exciting stock... it is in its early phase of its growth phase.... it has been in china longer than most retailers... has a brand that seem to be liked in china....

Chat 4

Windsurfer: just asking le ...
7 Jul 08, 15:49
Windsurfer:

7 Jul 08, 15:48
Singh: Wind, don't bother asking me whether I have or not - you won't benefit from it because when I cabut, I don't tell, and when I buy, I don't tell ...

7 Jul 08, 15:47
Singh: Now I have.

7 Jul 08, 15:45
Windsurfer: Seng, u still have Sapcres ??

***

Plushilu in victimas del celuloide

A partir de ahora encontraras algunos de nuestros muñecos en "víctimas del celuloide" una de las tiendas mas divertidas de Madrid ubicada en la calle Santiago 4. Aqui van algunas fotos.

Plushilu in victimas del celuloide

A partir de ahora encontraras algunos de nuestros muñecos en "víctimas del celuloide" una de las tiendas mas divertidas de Madrid ubicada en la calle Santiago 4. Aqui van algunas fotos.

Lovilu "loveBall"

A partir de mañana se podran adquirir los nuevos mounstritos de plushilu que llevan el nombre de Lovilu. Se pueden comprar en la galeria Mad is mad, en la calle Pelayo 48, en madrid. Son una serie limitada de 10 piezas...!!!

Lovilu "loveBall"

A partir de mañana se podran adquirir los nuevos mounstritos de plushilu que llevan el nombre de Lovilu. Se pueden comprar en la galeria Mad is mad, en la calle Pelayo 48, en madrid. Son una serie limitada de 10 piezas...!!!