Sakari   

Straits Asia

Few BBs playing this stock but they are pushing it down... therefore suggestion is dont buy for now.

buysell      ( Date: 04-Jul-2009 18:54) Posted: Cheongwee, i hope you will still stay around here & disregard what others commented.

 

Cheongwee, i hope you will still stay around here & disregard what others commented.

 

Ooo cheongwee, u sound very dejected. Actually everyone have their own favourite counter like u.

N normally we vested alot on our own favourite counter. The call to buy & sell, each individual will

definately have to be responsible fr themselve. U are not to blame at all.

To be frank, sometimes see yr forum to me is just like seeing a soccer match...so exciting. Hey is a compliment....not

kidding u.

Emm maybe in future in yr forum, u just provide news to the forum folks n don't give them any call on buy or sell.

Let them decide themselves. Anyway, we got TA expert in RichTan & Bintang whereby we forum folks can

consult b4 acting as well. To be frank yr forum writeout is helpful for the forum folks also. Don't just leave like this. Cheer pal.

 

 

 

one thing bad abt this forum is that we cannot edit if typo error occur ...unlike kitco forum, where i can alway edit or delete message even after i had posted...

the last statement for the previous post...shd be let huat ahhhhhhhhhh together ....hope march low is the low for this bear.

goodbye and good luck.

cheongwee      ( Date: 04-Jul-2009 17:47) Posted: This is a follow up on previous post... below i am refering to long term investment of say 5 yrs...not for trading...pls do take notice.. and for SAR , those who say buy on my call, if you feel uncomfortable, try to sell as soon u see profit..and or just invest in blues so to feel comfortable, no point you buy and fr than on you expect up and up ....and down a few cent you feel uncomfortable,and uneasy,,or sell to comfort level...dont over invest. but at the end of the day, we must bear responsible for our action, no doubt it is my call, but it is your ACTION..and we are must DYODD...you take the action after due diligent..and not just blindly..as we are grwon up adult. not kid. but i believe SAR will not disappoint..thus, i buy on every dip...i thk going forward it is more riskier now then ever to stay vested,,,,just look at the vol..be alway prepare for the worse to cut if necessary.. good luck. this will be my last post...i will not reply to any private message or be able to share with you ppl for reasons best known to myself.. thank all for your kindness and sharing...may all be well and happy.. and for the last time....let huat ahhhhhhhhhhh..together...march low is the low for this bear.

 

This is a follow up on previous post...

below i am refering to long term investment of say 5 yrs...not for trading...pls do take notice..

and for SAR , those who say buy on my call, if you feel uncomfortable, try to sell as soon u see profit..and or just invest in blues so to feel comfortable, no point you buy and fr than on you expect up and up ....and down a few cent you feel uncomfortable,and uneasy,,or sell to comfort level...dont over invest.

but at the end of the day, we must bear responsible for our action, no doubt it is my call, but it is your ACTION..and we are must DYODD...you take the action after due diligent..and not just blindly..as we are grwon up adult. not kid.

but i believe SAR will not disappoint..thus, i buy on every dip...i thk going forward it is more riskier now then ever to stay vested,,,,just look at the vol..be alway prepare for the worse to cut if necessary.. good luck.

this will be my last post...i will not reply to any private message or be able to share with you ppl for reasons best known to myself..

thank all for your kindness and sharing...may all be well and happy..

and for the last time....let huat ahhhhhhhhhhh..together...march low is the low for this bear.

 

 

Hi all....i accept raechael explaination, and would like to apologise with regret here...

and dealer0168 and all ...i would like to share on stop loss..this is what i learned from RC Peck...from FearlessWealth...he e-mail me last week when i ask him abt stop losss...this is what HE SAID...

Here are the rules I've been following.

1) All equity stop loss shd be 25%  at a minimun (more room for volatility).

2) Only invest 4% of your portfolio in any one stock( and since each stock has a stop loss of 25%, you will never be risking 1% of your portfolio. This is the key.

3) Never initiate a position that has more than 20% exposure to any one sector. Your position can grow bigger than 20%, but only throught growth.

So to answer your question, place a stop loss of 25% on your stock position. This stop loss shd be calculated from either where you bought or fr the investment high of the year.

pls read and sharew what is your opinion on this,,,i like to have more suggestion..

i thk this shd be apply to blue chip...25% stop loss is definitely not for trading...when i ask him i am refering to blues..

so we can comfortably buy 25 blue chiop counter

so if 1 counter down 25% that is 1% of your portfolio, if 2 counter than 2% and if 3 then 3% loss...and so on..

but it is still possible to loss 25% overall if there is a major market selldown across the board..other than that it is very unlikely....seen a good ideas...till u guy help me spot the l;oophole for me and share it here....thanks in advance..

 

 

 

hi ,

hope wont dip further n hope those shoters dun do it anymore, company looks promising with result with casn over debt balance....

the company shareholders wont let it fall below again, as profit report soon, uphold reputation....lets us huat together.....

 

hi rachael, don't need to get angry. cheongwee just find it hard to understand why u dump w/o profit with this highly recommended counter, especially when the CEO himself bought 500 lots at $1.81 recently.

i bought some at 1.80, some at $1.75 and prepare to buy some more if dip below $1.70, noticed $1.63 was the recent lowest support.

with limited n hard earned funds, we should spread out our buying and avoid s-chip and penny stocks. i speak from my past painful experience.

 

 

Hi rachel,

There is no rite or wrong with own decision, as lomng you feel comfortable with ur own win or loss, why care others comment !!!! Cheers, no one like to lose $, cut loss, break even , win or even loss huge or a little, tats the game of trading....we learn frm mistakes and gain frm it too....

 

 (i don't like this, but after reading the post made me so angry). I did brought at $1.78 and $1.79 and sold at $1.80 (I thought I am an adult no need to explain to people of my action but since i am attack here so need to clarify myself)

brought at $1.78 because seen this share has been going at $1.98 this is early or Mid June  but who knows once I buy it started to fall to the lowest at $1.68 and contantly around $1.75/$1.76

Okay, than I thought maybe i should hold on to it since all other counters are not doing well and so been stuck there since mid June until now..than i read Cheongwee posting and so some research about this counter and think maybe this is not so bad and brought some at $1.79 when i saw the price starting to go up to $1.83....yeah maybe it is true that it will go up to $2.20 soon, so better not miss the boat. 

Now what made me sell at $1.80....every morning and evening I will hear the financial news from the radio and Thursday will be an important financial unemployment figures from the USA which was why this week trading was thin. If employment figures are high, US will be more difficult to come out of recession and shares will tumble. Cheongwee, I thought you said I must have a lost stop?so that what i am doing...and you are right I did not made any money and also did not loss any money on this counter. I have already paid $1800 loss on Epure so not going to pay again for another lesson. all these are my hard earn money from my full time job,.

After I sold at $1.80, yesterday this counter ended at $1.74/5(?).... which is not so bad.... I thought it will tumble further.  As mentioned before I am very new trading shares, just earn a few thousand from Mermaid so I am still learning and will get very upset with myself if I get burn from trading shares.

btw, who do i offended huh??? exchange 23, thank you for speaking out for me.

 

 

 

cheongwee      ( Date: 03-Jul-2009 20:34) Posted: exchange23...cheongwee will never do thing dratiscally to shame ppl, but since u say so...let me explain... rachael ...post she bought at 1.79...and sold at 1.80...so i was wondering where got profit??? and is there really sinful to say she will regret selling too soon...i dont see any wrong in that..can pls tell me...if there is then i am sorry.. pls see her post i paste here...i dont make up thing... and this show u guy here just take what ppl throw at you without DYODD...i do read your previous post...pls take note. but dont worry..SAR is solid counter, it will soar..look at it today u know..coal have increase 25% from March...so next reporting will be very good...no worry ...SAR invester...stasy vested.   01-Jul-2009 16:32 StraitsAsia   /   Straits Asia      4Go to Message x 0 x 0 Haha....I sold all of mine at $1.80 liao... Rate This Post:   Good Post   Bad Post   01-Jul-2009 12:53 StraitsAsia   /   Straits Asia      4Go to Message x 0 x 0 Cheongwee, yes brought the shares        (at the wrong price) and have  been    until now.....however I notice that this week is not so bad, the prices are between $1.74 to $1.80 from yesterday and today. Will hangon to them for a few more days...... hopefully  these   will come to me by this week. If not will cut less and   Can I know which counters can see your posting  at Share junctions? Rate This Post:   Good Post   Bad Post   30-Jun-2009 08:46 StraitsAsia   /   Straits Asia      4Go to Message x 1 x 0 Hello Cheongwee, thanks for introducing me this counter. I have shifted all my Epure shares (loss $1800) to buy 15 lots of StraitsAsia at $1.78 (only regret is I should have brought it last 2 weeks below this price). Hopefully will go up to $2.20 by Jul. Rate This Post:   Good Post   Bad Post   19-Jun-2009 09:42 StraitsAsia   /   Straits Asia      4Go to Message x 0 x 0 I heard from the news too that oil price is up and US market was up yesterday.....so "JIA YOU" STRAITS ASIA   Rate This Post:   Good Post   Bad Post   18-Jun-2009 12:54 StraitsAsia   /   Straits Asia      4Go to Message x 0 x 0 foucs6900 thanks for your "kind" encouragement Rate This Post:   Good Post   Bad Post   18-Jun-2009 12:13 StraitsAsia   /   Straits Asia      4Go to Message x 0 x 0 die liao lah....I brought at 16 lots at $1.79 on Monday......hope it will not go down anymore. stormwatch, I hope you are right.     exchange23      ( Date: 03-Jul-2009 10:59) Posted: I've not seen Mr Cheongwee's comments on this counter since it dropped. Wonder why. when stocks climb it boost one's ego. When it dips, things get quiet. Let's not promote counters or comment on people's actions, like "i say u will regret for selling so soon". Uncalled for. Instead share important information and we will make $ together.

 

Agreed, my long counter are also blue chip. They are safer to hold.

 

 

Why do i say blue???...because blue chips have solid balance sheet...they are very unlikely to go under if the crises really turn for the worse.....they are transparent..basically honest management.

But mid cap..u still got to watch them day to day..and some of their financial statement is not transparent...and some item are questionable..if the management choose to hide fr auditor, there is nothing we can do...so this make reading financial statement useless..why read one that is makeup??

and penny...forget it , i dont even bother to read, except to speculate in a rally, like jade and centillion...i hope i cause no offend here.

I have told some of my relative and friend to put their money in SPH for the dividend since nw the bank int is so low...and if they are not comfortable with one counter, i told them to spread amongst SIA, SPH, starhub, a few blues chip...why lend bank $ for so low int?..

and furthermore buying blues nw at sti 2300 is a steal...a new low is a forcast and prediction only and may not materialise...and suppose even if a new low do come ...u just sit thro it to sti 5000...

sti 5000 is for sure...it is a matter of when, not if....by then, not only u got fat dividend of ave 6 to7 %.annually....u also got capital appreaciation...i believe we see ave of 100% to 200% over fr today px for all blues chip...this i am sure..

not long ago, i recommend guy here to put 10% of their invest fund in the "too big to fail bank" like citigroup, BAC and the like...all make $$$...in fact, one guy here message me..and say he shd have put all his money here...i told him, why i said 10% is because that is what we can afford to lose if they really go bankrupt and that i am only 50% sure...if not i would have sold my house and business and put all in..myself..

the main thing here is GREED...that is why if SAR give me 20% i will be happy..if we reach there i may hold on a little while to see how high is go be fore i sell...

Extreme Greed kills....we must control greed and not let greed control us...if hit profit target do take some profit...no regret..market can change very fast, and take your capital together with it...

good luck.

cheongwee      ( Date: 03-Jul-2009 21:29) Posted: really, alot of penny silver and gold stock have diasappear.. same here is SGX...buy only blues.do DCA on blue....mid cap and penny are for trading and speculation.... i am trading on Mermaid , SAR and EZRA...already got out of Jade and centillion and Epure...and take profit for another 3 counter....downsize as i thk market is getting more riskier...

 

Alemak, I m mabo aredi, "tiger" becomes "tifer"

richtan      ( Date: 03-Jul-2009 23:41) Posted: Bro Cheong Wee, Relax, I give u a "Tiger", let us have a "Tifer together... , I agree with Chee Meng, there are all sorts of people in this world, so too including this forum, ask Chee Meng, the rest of our fellow forumers who are following my posts n I m sure u too know tat I had my fair share of antagonist n flaming post, we can't plse everybody, bound to have some tat dun see eye to eye. Tats why nowadays, I try to cut down my posting to minimise friction with those tat dun see eye to eye with me. lawcheemeng      ( Date: 03-Jul-2009 20:52) Posted: one type rice feed one hundred type of people. some are real some r fake. forum too can said everything u want. just responsible with wat we said lah. " ren zai zuo tian zai kan "    mean  wat ever we do the sky is looking. HeHeHe!!!!

 

Bro Cheong Wee,

Relax, I give u a "Tiger", let us have a "Tifer together... ,

I agree with Chee Meng, there are all sorts of people in this world, so too including this forum, ask Chee Meng, the rest of our fellow forumers who are following my posts n I m sure u too know tat I had my fair share of antagonist n flaming post, we can't plse everybody, bound to have some tat dun see eye to eye.

Tats why nowadays, I try to cut down my posting to minimise friction with those tat dun see eye to eye with me.

lawcheemeng      ( Date: 03-Jul-2009 20:52) Posted: one type rice feed one hundred type of people. some are real some r fake. forum too can said everything u want. just responsible with wat we said lah. " ren zai zuo tian zai kan "    mean  wat ever we do the sky is looking. HeHeHe!!!!

 

sold mine at $1.82 on Tuesday..reload $1.71 today..SAR is really a good counter to long.

agreed totally with cheongwee it wont be a easy climb above $2...so along the way sell to get some drinks..when it dip reload again for the next high...

 

hard to believe how nickyng made $ today by shorting this counter. it opened at 1.71, went up to 1.77 and closed at 1.74

cheongwee, some ppl get uncomfortable with yr style - straight talking n showing off yr dancing when px up but i believe most of us here enjoy yr direct, frank n humourous postings. most important of all, help us make $ with yr recommendation.

thanks uncle.

 

 

those who say short the market...they are not sincere...i mean right in their heart, they dont mean it...inside them is a bull...they are like us...they like bull actually...call them to ask themselve honestly..the question below...

it is easy to nmake $ in a bull or a in bear??

who on earth like to see suffering ard....in a bull all profit..

and whether self employ or working...all suffer..

dealer0168      ( Date: 03-Jul-2009 21:52) Posted: Btw let hope the great depression u mentioned don't come........ cheongwee      ( Date: 03-Jul-2009 21:42) Posted: i am not flatter you, but properties are alway the first to cheong in a bull , so to put your $ here is wise.. that was what i bought in March..kepland , capitaland , CityDev...and other blues...then ard April sold and put the $ on mid cap and penny...till now.,,but i have reduce by some 40%... as i feel it is more riskier now...so just 3 counter...easy to run road it dow collapse...hope not..

 

Btw let hope the great depression u mentioned don't come........

cheongwee      ( Date: 03-Jul-2009 21:42) Posted: i am not flatter you, but properties are alway the first to cheong in a bull , so to put your $ here is wise.. that was what i bought in March..kepland , capitaland , CityDev...and other blues...then ard April sold and put the $ on mid cap and penny...till now.,,but i have reduce by some 40%... as i feel it is more riskier now...so just 3 counter...easy to run road it dow collapse...hope not.. dealer0168      ( Date: 03-Jul-2009 21:30) Posted: Agreed with u Cheongwee. Actually is more of correction. And i'm positive on STI growth to continue as well. But will not be a smooth ride to recovery. Anyway my long term counter is property. I shall not state out why they are my preferred choice than other sector like commodities...... Everyone have their reason for their own choice. However, i do trade Straitasia, but short term play.................. But may change to abit long if got more good news from Straitasia.

 

i am not flatter you, but properties are alway the first to cheong in a bull , so to put your $ here is wise..

that was what i bought in March..kepland , capitaland , CityDev...and other blues...then ard April sold and put the $ on mid cap and penny...till now.,,but i have reduce by some 40%...

as i feel it is more riskier now...so just 3 counter...easy to run road it dow collapse...hope not..

dealer0168      ( Date: 03-Jul-2009 21:30) Posted: Agreed with u Cheongwee. Actually is more of correction. And i'm positive on STI growth to continue as well. But will not be a smooth ride to recovery. Anyway my long term counter is property. I shall not state out why they are my preferred choice than other sector like commodities...... Everyone have their reason for their own choice. However, i do trade Straitasia, but short term play.................. But may change to abit long if got more good news from Straitasia.   cheongwee      ( Date: 03-Jul-2009 21:05) Posted: dealer0168...i am not finding excuse...if market is really lau sai...every good counter will get whack down, even big cap solid blue also not spare...so do have a stop loss... and if there are no calamity or serious bad news still sti 2600 to 2800...i believe we will make good money in this counter...thus i have make every effort and shift my $ fr other counter to this one..i have full confident in this... u say ppl want to sell at 1.75....i said it is part of the play...dont get thrust out by BB...they want your trade at 1.75......i would say it is a trap...

 

Agreed with u Cheongwee. Actually is more of correction.

And i'm positive on STI growth to continue as well. But will not be a smooth ride to recovery.

Anyway my long term counter is property. I shall not state out why they are my preferred choice than other sector like commodities......

Everyone have their reason for their own choice.

However, i do trade Straitasia, but short term play..................

But may change to abit long if got more good news from Straitasia.

 

cheongwee      ( Date: 03-Jul-2009 21:05) Posted: dealer0168...i am not finding excuse...if market is really lau sai...every good counter will get whack down, even big cap solid blue also not spare...so do have a stop loss... and if there are no calamity or serious bad news still sti 2600 to 2800...i believe we will make good money in this counter...thus i have make every effort and shift my $ fr other counter to this one..i have full confident in this... u say ppl want to sell at 1.75....i said it is part of the play...dont get thrust out by BB...they want your trade at 1.75......i would say it is a trap...