Share Tips !!!

Some history telling down my memory lane.

I just got myself burnt in 1997 as I bought shares from CLOB (a Singapore board to trade Malaysian shares). Thanks to Tun Daim decision to freeze all our Malaysia's stock portfolio bought in Singapore, I had my warrants becomes useless papers and some shares that did not able to survive through the crisis get delisted. I was not able to get a single cent back from these shares that I was holding as I'm not allow to trade as the Malaysia gov had freeze all shares bought under CLOB. I had to pay some commision fee a appointed company to transfer back my shares to Malaysia stock broker. Even so, they can only be released in stages throughout 2 years. By then, some of my shares like Renong-WA already expired and Promet being delisted.

Then came 1999 after our Asian countries had just bottom out from the financial crisis in 1997~1998 , STI have a bull run, I want to recover some of my losses but then again there is no one talking about learning TA and FA (at least all my friends doesnt talk about it). So,  I just bought shares based on TIPS !!! from broker or friends. With this TIPS, I do recover some of my losses, but not much as I do not have much bullet, just bought by contra.

Hmmm, with now after so many years, and the internet is so advance, there are so much information about TA and FA everywhere, but yet many people prefer to listen to TIPS ! I also do listen to TIPS but I would analyse it before buying. I heard from my sister, some of her friends bought some of the shares that I mention here that is good to buy but didnt even bother to read my blog content ( some I mention but is fully valued), she still bought into it.

Well, I did earn some money from HAPSENG recently which I got this TIPS from a friend and after analysing it , she is having a UPTREND, so I bought into it. I have just sold all of it though she is still trending , I may buy into her again. Lets see how she pans out in the coming days.

37% gain in 3 months ! What do ya think ?

My previous blog, I did mention, if one is interested to load some SUPERMX, can try getting around 2.17, she really did give everyone a chance to load up on 28/Aug.
Well, as per my observation, SUPERMX is catching up with her peers in terms of PE.
Her peers are trading around 18~21 while she is catching up around 15~16.
My valuation of her intrinsic value is around 2.82 and today she is closes at 2.74, getting fully value soon. Well, after fully value, I should take my profit, if I'm greedy I'll continue using trailing stop strategy . Hmmm.....technically the next resistance is 3.04 but she may take a breather around 2.82 ? Lets see, I may just make a decision tomorrow to take or not to take if she reaches 2.82 or to wait for 3.04. Will she able to reach ? Time will tell.
And now is not the time to chase as a very good opportunity is given on 28/Aug has passed.

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