^V^
KLSE still going up with extraordinary volume, but i am still holding strong with my strategy of "sell on strength", maemodewa doing not bad today with last min volume done at 0.56 (green back) for 46.1 lots, seems like someone supporting n collecting from behind. no matter how, i will sell another 10 lots of maemodewa >0.57 n leave d 200 lots of maemodewa for 0.60 to 0.80.( most likely after cny ) .
As for maybulk , i am very sure still more upside room for her to rise (TP sell 1/3 @3.50+-, 1/3 @3.70 n 1/3@4.00+-)
Eagle eyes : Masteel <1.10
Lionind <1.13
Crestbldwa <0.47
Pworth <0.88
3 comments:
U r doing very well based on the end result. I'm of the opinion that u can gain more reputation if u can also include some basis during disposing the share eg. most people make money during bull but what is the basis of "sell in Strenght?" Why dispose Acoustech if the P/E, DY, $/NTA, E/D ratio still attractive? I do not deny some individual judgement is important to make money but a poor man like me would appriciate more systematic approach for maximising profit. TQ.
Yes, base on PE, NTA of acoustech, it is still worth to hold for mid n long term, but my experience told me that there will definitely a correction b4 long cny holiday, thus i prefer to take profit n sell on strength, n then again.. once scared of being left behind if mkt continues to go up n up again, therefore, i take only 1/3 or 40% of my holding one week b4 the long cny holiday, if mkt still keep going up without a look back, at least i still hv 2/3 holding for it, read my posting carefully, i posted there sell on strength n buy back 2 days b4 the eve of cny, this shows that i am still confident on d future of KLSE esp after cny.
One good example..my masteel, i took 2/3 profit from d total of 90 lots avg @1.41 , she drop to as low as 1.15 2 days ago, this is a classical example of "sell on strength n buck back after correction " masteel will sure touch >1.50 to 1.70 in near future base on its single digit pe,steel price hike + on going 9mp !
Thanks for the info. Masteel is interesting one. I bought at RM 1 ie. few days after listing. accumulate when it dropped to +- RM 0.77. My problem is always sell at ? RM. Even at RM 1.15, I would have made 40% but is it good enought? or 50%? or ?%?
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