Warung Kak Long oh Warung Kak Long

February 22nd, 2018

Our Chinese sipeh pandai cari duit, During CNY each bowl of noodle increase 50 cents,

Normal price RM 5.80, CNY – RM 6.30. Kanasai.

So I go to Warung Kak Long at Bandar Tun Hussein Onn to eat my breakfast.

One packet of nasi lemak only 0.50, 50 cents only…

Location: Warong Kaklong, Jalan Suasana 2/7A, Bandar Tun Hussein Onn, 43200 Batu 9, Cheras, Selangor. (At McDonalds, go

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2018 : Invest in REITS?

February 22nd, 2018

Invest in REITS?

Wed, Feb 21, 2018 10:45 PM – 11:45 PM

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/628889157

I m still interested to talk about REITS.


There is always two sides of the stories … but, again … I m only interested if I could profit from the trades.

TEH

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Markets to pullback this week?

February 21st, 2018

DOW : daily chart …hitting 20MA resistance and with a shooting star last Friday.

Morning to DOW minus 250 points. These days, plus or minus 250 is ‘nothing’ much … volatilities has increased substantially … we will only get excited with 500 points in DOW or 10points in KLCI.

Selling : I have sold most of the stocks I bought before CNY’s break on Monday and yesterday too. So, back to cash position … to wait for sell-down. Post-CNY sales coming?

Election : The rumuor saying election should be in Mac/Apr … so, the fear of 2008 Mac dived after the election is real … exactly 10 years ago, I was there … a newbie and naïve … holding to 3 stocks and it gapped down after the election result back then.

Well … after 10 years in market, I m no longer a newbie … not that naïve anymore. I m more aware of events and taking risk-management measurements …

So … what would I do?

To teach newbies … and share my experiences after some 10 years in market, in daily basis for 6- 8 hours per day, learning.

cohort-28 : This Saturday, I will conduct a basic charting workshop for newbie traders. Being a real trader myself, I should know what to teach them … and wat is not. Those interested, do contact me at 012-821 0129 for details. I only had two workshops last year … and if market is to crash, that would be the great time to conduct more frequent. Hey … I m still charging less than RM1k leh. haha.

Alright … time to go exercise as KLCI no selldown, minus 2points only, well-supported as they are predicting an election-rally … gogogo.

TEH

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Petronas Gas weighs on KLCI, ringgit facilitates against dollar

February 21st, 2018
KUALA LUMPUR: The nearby values advertise slipped back on Tuesday alongside other Asian markets as Wall Street’s vacation implied an absence of leads for financial specialists. 
At 12.30pm, the FBM KLCI slid 1.04 focuses to 1,856.28 focuses, drove by Petronas Gas’ 62 sen drop to RM18.04. 
Turnover was 1.34 billion offers worth an estimation of RM879.22mil. There were 430 decliners to 369 advancers and 334 counters unaltered. 
Another driving decliner was IHH Healthcare, which dropped seven sen to RM6.12. Keeping money stocks were exchanging blended with Maybank dropping two sen to RM10.12, Ambank slipping six sen to RM4.58 and RHB falling eight sen to RM5.22. 
Open Bank put on 10 sen to RM22.08, CIMB moved four sen higher to RM7.13 and Hong Leong Bank was unaltered at RM18.48. 
Ranch stocks were exchanging higher, with Sime Darby Plantation adding one sen to RM5.55, PPB increasing six sen to RM17.64, KL Kepong rising 10 sen to RM25.54 and IOI putting on two sen to RM4.75. 
On the more extensive market, Hengyuan moved 26 sen higher to RM15.28. Magni-Tech picked up 33 sen to RM4.43 and Hong Leong Industries rose 28 sen to RM10.78. 
Among decliners, British American Tobacco slipped 28 sen to RM29.96, Tasek fell 20 sen to RM9 and Pharmaniaga shaved 10 sen to RM4.10. 
In wares, oil costs indicated standing out outcomes from US rough moving higher because of decreased supply from Canada, while worldwide Brent unrefined costs slipped. 
WTI rough picked up 62 pennies to US$62.30 a barrel while Brent unrefined fell 23 pennies to US$65.44 a barrel. 
The ringgit facilitated marginally against the greenback to 3.8940 as the US dollar ascended from three-year lows set in the earlier week. 
In any case, the nearby money ascended against other real monetary forms, making slight additions against the pound sterling at 5.4433 and the Singapore dollar at 2.9607.

For more information please visit:

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Trading Workshop : 24th Feb

February 21st, 2018

This Saturday I will be conducting a trading-workshop (a full day) : 24th Feb.

To know the details, contact me at

It is a basic-charting with ‘live’ trading to learn … as I trade.

TEH

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Stock Watch : PavReit

February 20th, 2018

PavReit : I was asking a simple question … why PavReit down sharply?

From RM1.72 (Sept 17) to current RM1.40 … it is really due to the OPR? Isnt it over-done?

So …next question : Is Pavreit a buying opportunity? So, I tried to answer that during last night’s e-meeting.

Note : I have exited REITS some 2yrs plus ago as I m seeing it as high-risk …oversupply of shopping-malls.

TEH

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KRONO Stock Code: 0176

February 20th, 2018
• KRONO rose 7.0 sen (10.0%) to close at RM0.770. • Yesterday’s move resulted in a downtrend breakout with MACD in bullish divergence, to signal that the share price has bottomed out and now poised for a recovery. • Key indicators are in supportive of a move higher, with the RSI now venturing close to cross above 50-point mark while MACD has hooked upwards above signal line. • From here,

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e-meeting : Checking on REITS

February 20th, 2018

REITS : Is it a buy?

Mon, Feb 19, 2018 11:00 PM – 12:00 AM +08

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/391816645

TEH

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CNY Day #4 : Waterfalls

February 19th, 2018

Good morning … CNY day #4 … back to work-time for many.

8.20 am : Janda Baik

There are so-so many waterfalls … and I believe MANY retailers stuck up there, do not know what to do with that. I have tried to ‘promote’ cut-loss for 2 years plus in this blog and conducted many ‘cut-loss’ e-meetings.

At times, I do realize that we could not help them … the newbies, the stubborn old-veterans, those fundamentalist-kaki (low price = cheaper = average down), those retailers who do not wish to face reality of losing in  trades

Let’s take Hevea as an example … where I have mentioned for 2-3 years now that the whole furniture-sector was over … well, Hevea actually retraced from Jan2016 from 1.50 level to RM1 level before done a stunning recovery to new high to RM1.70 level … wow. But … from there, the double-top formed, broken the neckline … and down since then. We are at 88.5cents now …

 Note : Generally, we avoid the whole down-trending sector … such as the furniture-gang.

Evergreen : It is clear … from the weekly chart, it is downtrending, right? At 50cents level now …

Magni (weekly) : still moving lower … and broken RM4.30 level. Next to check at RM3.60 level.

Ok … learn to sell and cut-loss … do not average down. Averaging down is a loser’s game, not admitting wrong (no thanks to those value-investing kakis)

TEH

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Goat in year of Dog (2018)

February 18th, 2018

2018 : A good year for GOAT.

Jade Hall : increase in ASSETs. Ok … buy more stocks for 2018.

Time to be pro-active … and see this year be a good year!!

TEH

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