*Official* SGXcafe Thread

[StockBot]

Ya I paisei my portfolio very empty and small

u start off investing in the mining stock... so high risk sia

no wonder cannot sleep well LOL

u probably dun even understand the company

 

[letsgososhi]

u start off investing in the mining stock... so high risk sia

no wonder cannot sleep well LOL

I dunno high risk tt y I nvr slept well I looking to exit but I can't

So far so good lucky nvr Kenna burn by that stock Counter.

But thankfully got Dragona and freedom to input advise

 

[letsgososhi]

Why cannot see anything de

Sent from Sony E6853 using GAGT

i Pm u my info tomorrow

 

[Average]

I dunno high risk tt y I nvr slept well I looking to exit but I can't

15% paper gain... why cant exit? cnmc

 

[StockBot]

I dunno high risk tt y I nvr slept well I looking to exit but I can't

So far so good lucky nvr Kenna burn by that stock Counter.

But thankfully got Dragona and freedom to input advise

u now totally dunno how to see fundamentals, considered yourself lucky to be sitting on the green for cnmc... pure gamble on your side only

http://www.sharesinv.com/5TP/ super super speculative counter

4 times book value for a mining stock is LOL, with less than 1% dividend yield... I wouldnt touch it even with a stick... the most this stock is worth is its book value of 13 cents

https://sg.finance.yahoo.com/echarts?s=5TP.SI#symbol=5TP.SI;range=2y

u see 2 year chart, NOW IS BEAR MARKET, yet this stock can TRIPLE up from 18 cents... LOL
Fundamentals ZERO............. u better dont listen too much from punters... this is a FIFO stock... last one holding will see them self lose big big for sure, if not i chop my KKJ

best is u faster exit this position with your profits ba, dont be too greedy

after that... go learn how to read annual reports and research reports... learn the basic industries like banks/telcos/property/engineering for sg market

listen or not, up to u... dun come here and whine later can liao LOL

good luck

 

[Maeda_Toshiie]

u now totally dunno how to see fundamentals, considered yourself lucky to be sitting on the green for cnmc... pure gamble on your side only

http://www.sharesinv.com/5TP/ super super speculative counter

4 times book value for a mining stock is LOL, with less than 1% dividend yield... I wouldnt touch it even with a stick... the most this stock is worth is its book value of 13 cents

best is u faster exit this position with your profits ba, dont be too greedy

after that... go learn how to read annual reports and research reports... learn the basic industries like banks/telcos/property/engineering for sg market

listen or not, up to u... dun come here and whine later can liao LOL

good luck

Valuing mining counters is not the same as other counters.

http://www.investopedia.com/articles/basics/12/beginners-guide-mining-stocks.asp

CNMC is a small miner (no Rio Tinto there) without a long track record. It is a high risk play and probably needs some fast hands and sharp judgement for fifo.

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I posted before that he is better off putting part of his money into the 3 banks and telcos, but that clearly that's a boring play.

 

[StockBot]

actually by right i should not advise new investors

should let them play penny and kanna burn big big one time, lose 20-50% let them learn from mistakes and wake up their idea hahaha

 

[starfish.starfish]

actually by right i should not advise new investors

should let them play penny and kanna burn big big one time, lose 20-50% let them learn from mistakes and wake up their idea hahaha

Valuing mining counters is not the same as other counters.

http://www.investopedia.com/articles/basics/12/beginners-guide-mining-stocks.asp

CNMC is a small miner (no Rio Tinto there) without a long track record. It is a high risk play and probably needs some fast hands and sharp judgement for fifo.

-----------------------------------------------

I posted before that he is better off putting part of his money into the 3 banks and telcos, but that clearly that's a boring play.

Give advice liao whether it will be taken up to indiv. YMMV.

 

[Android user]

I dunno high risk tt y I nvr slept well I looking to exit but I can't

So far so good lucky nvr Kenna burn by that stock Counter.

But thankfully got Dragona and freedom to input advise

Cannot sleep well then not worth it liao, better let it go. Nothing worth more than gd health, 1 hospital stay can amount up to 20 to 30grands nowaday. Stick to boring dividend play like sti etf, blue chip reits and telco

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[potNPan]

@letgososhi
Have been noticing your posts the past few days and just wanted to comment a bit.

The way I see it, when you enter a position you need to know either it's a fast-in-fast-out or a buy-and-hold.

For fast-in-fast-out, you decide on a target price or certain pre-defined condition when you will exit your trade, e.g. when certain technical indicator(s) change. High stress, but only short term and you already know the condition for exit.

For buy and hold you buy because you believe in the company's growth prospects, ability to generate income, that sort of thing. Less stressful because you already did your homework and when it swings in price you will just let it swing until the fundamentals change against you, e.g. company suddenly not able to make money.

The issue with your case, is you buy without previously deciding the condition for exit. You think it will go up, so you hold. Once Pulai mine news comes out and it spikes up, will you sell? If it dips will you sell, or will you buy on dip? You need to decide these things before they happen, else super stressful leh omg.

 

[Maeda_Toshiie]

@letgososhi
Have been noticing your posts the past few days and just wanted to comment a bit.

The way I see it, when you enter a position you need to know either it's a fast-in-fast-out or a buy-and-hold.

For fast-in-fast-out, you decide on a target price or certain pre-defined condition when you will exit your trade, e.g. when certain technical indicator(s) change. High stress, but only short term and you already know the condition for exit.

For buy and hold you buy because you believe in the company's growth prospects, ability to generate income, that sort of thing. Less stressful because you already did your homework and when it swings in price you will just let it swing until the fundamentals change against you, e.g. company suddenly not able to make money.

The issue with your case, is you buy without previously deciding the condition for exit. You think it will go up, so you hold. Once Pulai mine news comes out and it spikes up, will you sell? If it dips will you sell, or will you buy on dip? You need to decide these things before they happen, else super stressful leh omg.

Actually, there is another more important point, but first I'd state this: no offense to anyone posting on the forum.

Do not make buy or sell decisions based on what is posted on the internet, especially those made by individuals on an internet forum, even for FIFO trades (worse, it amounts to punting). This is worse than relying on hearsay from people in real life. While people may not have the intentions to mislead, different people have different a) risk profiles, b) financial resources, c) ability/access to stock prices and price spreads, and/or time to monitor and execute trades.

If you cannot afford to have money tied down in paper losses that can last for months, or worse years, or even unrecoverable, then DO NOT EVEN LOOK AT NON BLUE-CHIP COUNTERS. You are better off:

1) Put money inside ETFs and blue chips that only require "maintenance" once a month.

2) Advance your own career to increase your income and thus your savings. This is probably the most important thing, far far more important than where to invest your money in. A 5% yield on $1000 is nothing. A 5% yield on $10,000 is a start. A 5% yield on $100,000 is starting to look good. A 5% yield on $1,000,000 is what everyone should be striving for (assuming you don't have rich a$$ parents).

 

[madtari]

It's bcos u just started investing this year July while I have been collecting dividends for almost 10 yrs... as what StockBot always said, time in market is more impt than market timing.

Wa I almost same Amt as u but ur portfolio like better than me by alot sia

Got a few counter inside your portfolio I interested haha

 

[thevaluefund]

Sharks will eat Fish.

actually by right i should not advise new investors

should let them play penny and kanna burn big big one time, lose 20-50% let them learn from mistakes and wake up their idea hahaha

 

[Average]

Sharks will eat Fish.

always bb pwn small frys...

 

[madtari]

Sharks will eat Fish.

And fish will eat plankton.

 

[shared]

And fish will eat plankton.

I am the microbes that gets eaten by the plankton

 

[Perisher]

I am the microbes that gets eaten by the plankton

Phytoplankton do not eat in a traditional sense: They produce energy through photosynthesis. These tiny organisms provide a foundation for aquatic food chains. Zooplankton, however, do consume external food sources.

 

[thevaluefund]

Moral of the Story :

Know thy self. Are u a Shark, Fish, Fry, Plankton, Microbe or Zooplankton ?

 

[akwl88]

Moral of the Story :

Know thy self. Are u a Shark, Fish, Fry, Plankton, Microbe or Zooplankton ?

Human kym?

 

[wahkao3]

after that... go learn how to read annual reports

a lot of ppl dont read annual leepork. They say they are fraud