Stocks Discussion No.11-2006
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posted by scrt4u @ Wednesday, November 01, 2006
308 Comments
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01 November 2006
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Previous Posts
- Cooking list No. 10
- Stocks Discussion No.10-2006
- Cooking list No. 9
- Stocks Discussion No.9-2006
- Successful recommendation list
- Worst recommendation list
- Welcome to Cooking list No. 8
- Discussion Of Other Stocks No.8 - 2006
- Welcome to Cooking list No. 7
- Discussion Of Other Stocks No.7 - 2006
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308 Comments:
Congrats to PDI holders
PDI: move stop/LPP to 39.25
KTP: Move LPP to 3.60
UOBKH: looking interesting. STOP=5.5
LH: seems rebouncing. Stop=8.15 Good luck.
N-PARK: interesting. If you like speculation, try it with a stop at 0.36
CPN: move LPP/stop to 21.10
TRUE: move LPP to 8.5 or higher.
PDI seems to have started to move up on good volume. I can only find one research analyst report in english (Kimeng) where the target was 43baht in August 06 this assuming the price of zinc was 3000/tonne.
It is now over 4000/tonne and heading higher!
Wonder what this analyst calculates the target now? Does anyone have any later information?
Thanks
Ken
how about shipper TTA,PSL,RCL?is it a good time now?
i worried market wl be corrected once touched 745 as zorro's res level
TPIPL is getting better, is it ok to accumulate since my avg cost 10.3
When we recommended TPIPL, some people were hesitating. Now you believe us!
After TPIPL took off, it's not call "accumulation" but "Chase".
When you chase a stock, use "tigh stop". You can deal your different "chips" accordingly. Good luck.
I know nothing about TT&T's fundamental. Now I said TT&T is cooking. You don't believe? Wait and see.
N-PARK: move LPP to 0.4
PDI: move LPP to 40
LIVE: move LPP to 0.33
About the shippers,
TTA: near two previous resistance at 28.25.
PSL: Near res. at 44.75
RCL: brokedown uptrend channel.
I don't think it's good time to try them.
CPN: move LPP to 22
TPIPL: its brokeout is confirmed. Enjoy your profit, our fans. LOL.
Any comments about Singer,Apure,Gbx-w1,Sport-w2 ?
Thank you very much.
pau
pau,my advie:
SINGER: enter with a stop at 3
APURE: enter with a stop at 2.24
GBX-w1: ambiguous
SPORT-w2: res. around 1.27
to scrt4u :thank you very much for fast replay !
pau
scrt4u : your comments on GSTEEL, please
Foreigners continue to sell off TTA from over 93 million shares now only 78 miliion shares (NVDR)
be careful
Crude Oil price drops again this is good for production cost. GSTEEL and others just come up very little from SET's recent gain. My Advice is Ënter or Don't Sell.
Nippon
GSTEEL: SMA 10 is now above SMA 75 for the first time in 4.5 months, indicating good sign. Buy
and a few minutes from now on, you will feel sorry when you have sold your GSTEEL, as you really don't know what is expensive what is cheap
GSTEEL.
when all construction shares surge, you will hear more and more about con. mat like steel, let's see
Congratulations scrt4u/zorro great call on TPIPL. Now PDI looking great and they just announce new mining exploration program
scrt4u do you still think AJ is a cooker? Thanks
LIVE: move LPP to 0.36
TPIPL: move LPP to 11.30 or higher
GSTEEL: if 1.02 breaks, RP
CPN: move LPP to 22.20
PDI: move LPP to 41
TT&T: continue accumulating
PTL: set LPP/Stop at 3.65
MPT: move LPP to 2.25
UOBKH: move LPP to 5.80 or higher
PICNI: still cooking if 0.37 can hold.
So many stock have move up :) LOL
Answer to your question:
AJ: when it was around 2.90, I repeated several times that it's cooking. Did you believe? Now it's up over 10%. It's called "chase" if you buy it now. If you like, enter with a stop at 3.10. Good luck.
You can not find such a good blog offering such good advice, such specific entry point and lock profit profit point in the world. If you use "thai stock blog" key word to google or yahoo, the search result is this blog.
If you love this blog, why not share with your friends? Tell your friends and they will grateful to you :)
NSM: this stock is very charming now. Last call. Don't believe? Wait and see :)
NWR: it finally took out 0.84. Move LPP to 0.84 :)
chilli, if you have SIS, lock some profit. It's about 40% profit from 2.1 support. Those who laugh at last laugh the best. Congrats Chilli.
BAY: broke out. If chase, set stop at 19.60, 2nd support 19. Good luck.
SET is higher and higher, NSM is becoming cheaper and cheaper, is that what you mean scrt4u
Kenneth
to scrt4u and zorro thanks for this blogg-if i had it 8 years ago i could have saved alot of money by learning to invest and play the set by heart !! 2 beer for u !
What about btc and warrants,super,ck-w1 ( i have it 3.50 )will it be the darling for the rest of the year ?,cei ?
Thanks a lot
pau
patience grasshopper
is it cooking or dying?
Pau, BTC is rebouncing. Next res, around 1.58. SUPER: enter with stop 1.42, target 1.5
is it cooking or dying? Which stock did you mean?
NSM
why broker stocks up on modest volume?
Que
Yes, NSM has been cooking for some time. Didn't you see the RSI is above 50 which is a good entry point.
Broker stocks going up because the major players are punting them up. On modest volume means they have not yet distributed. When you see big volume, it's time to flee away.
Wow, another good call on UOBKH :)
It's up over 20% since our call.
WOW! PDI also going up alot today. Did you know how to chase? Move LPP to 42 or highter. You are happy now?
Pau, your entry into CK-w1 at 3.5 was very nice. Now your profit is about 55%, great. Move your "Lock profit point" to 5.20. Remember keep moving up your LPP. If the chefs won't offer more dishes, leave the table. It's that simple.
In this blog, I do not talk about "theory" but just "cooking", "entry point", "Lock profit point"
These simple strategies are very simple for any one to over play SET.
You hate you did not know this blog earlier?
MPT: it also did very well today. We called this stock many times. Still not convinced to believe? Wait and see.
TMB: don't forget this stock which is also on our cooking list. Good luck.
i know your blogg from the very beginning on!
And i made good money with your advices-thanks alot!
What i mean ,some 8 years ago.when i started to invest in set,there were virtualy no infos in english availabel about investing in or playing the set!
If i had your blogg at that time i wouldn´t need to learn it the hart way!
I just wonder why you do it more ore less for free ??!
pau
Kenneth, usually I do not pay too much attention to SET index. Most of the time I focus on specific cooking stocks. Think this way: if "chefs" cook one stock, SET can not have much implication on the really cooking stocks.
pau, CEI looks nice. set stop at 1.85 Good luck.
i bought no of QH & PLE last monday with small profit now, may I know res level for both thx.
ueda
ueda, QH failed to break the res at 1.28. It seems distribution today, you should have locked some profit today. Next res. around 1.32-1.35
Res. for PLE is around 7.75-8 or higher.
scrt4u, zorro,
What is your opinion on precha?
Thanks
May I have opinion on SCIB please... its price seems to lag others in the sector.....thanks
scrt4u
You mentioned that PDI had resistance at 40 and 42.5. It has taken these out now. Please can you tell from your chart where is the next resistance? Zinc price continues to rise.
Ken
Answers to your questions:
PRECHA: still cooking. Set stop/LPP at 2.25
SCIB: I recommended this stock when it was only 16.50. (At the same time I also recommended PF which also has made great profit.)Now it's up 33%. Didn't you enjoy the great profit? Now it's the 3rd time it tried to take out the res at 22. If it cannot break out this res, RP.
PDI: you asked me the next target after it took out 42.5, I really do not know. It can go as high as the punters like. My blind guess, probably 47.5 or higher. Just follow the trend. If it won't go up, lock your profit. Not difficult, right?
zorro, I will go to Russia with my friends for 5 days(6-10 Nov.) Pls take care of our fans. Thanks.
have a good time and drink a lot of wodka.
Thank you zorro. I just arrived in Moscow. The internet in a four star hotel is still dial-up and you have to buy a card. It's so slow like a "snail". Eating is quite expensive. I think it's comaparable with Suisse.
After dinner I tried my luck and made small money.
your TPIPL is looking great, thx & hv fun there
ueda
Thanks scrt4U. Yes im mostly out already, I sold most of my SIS at around 2.6 two or three weeks ago, pitty i missed the latest run up today.
Still a profit is a profit.
Chilli
Missed TPIPL, any other stocks I should buy which are cooking? NSM still a buy?
Thanks,
KM
P.S- Got some BAY-W1 continue to hold or lock in profits?
nsm: still cooking
bay-w1: getting overbought. sell if bay reaches 22 (the warrant should be around 10) or use the 4 day avg as lpp (now at 7.4).
another possibility for profit taking could be if the set reaches again the upper channel resistance, now at 743. it could become the beginning of a mt-downtrend, similar to the pattern after 8th of august 2006 and highflyers like bay-w1 are usually hit hard.
Wow price of zinc now over $2 per pound. PDI still rising with the zinc price. What would you set stop now? Thanks.
IS IEC WORTH ENTERING NOW, PRICE HAS GONE DOWN A LOT IN RECENT TIMES. OR IS IT A BLACK HOLE, TO BE AVOIDED?
I would wait until reset lecvel around Bt1 or clear reversal before entering.
wow PLE really moved upward today scrt4u, I sold out when @7.65 with only 7% gain :(
beware it wl easilly retreat back once hit 8baht
what's latest comment on MPT?looked a bit shaky to enter now and FNS res level thx.
ueda
iec: i still rate it avoid. if it touches the falling support line (connect lows in weekly chart in march, july, september, now @ 0.9) it would be a possibility to enter.
mpt: needs to break 2.5 before a rally starts, now a bit weak but still worth to hold or buy on weakness.
fns: touched first resistance at 14-14.2 today. next resistance will be 18, but i don't think it will go there soon. rsi overbought, volume could have peaked.
Hey Zorrow, I have accumulated some NSM today ready for the bull run now!
thanks,
KM
any views on IRPC and SATTEL? Whats the LPP for MINT? TPIPL has gone nuts crazy wish i had some!
KM
tpipl could run till 20, but it won't happen without a correction inbetween. use 4 day avg as lpp. Rsi now very high, so a correction can start anytime.
mlink: close to resistance at 2.2-2.3, soon time to take profit.
irpc: weekly chart does not look good. can't see much upside.
sattel: suppressed by 75 day avg, but 25 avg is coming soon as support. buy on breakout of 9 at closing.
mint: 10.5 is the channelsupport and can be used as lpp.
notaclue, does your broker provide you with a charting system? which broker do you have?
select the tpipl chart and if the chart system allows to show the moving average, select a time span of 4 day for the average. the line will show a value of 12.85.
you could also calculate the average value of the last 4 closing dates (11.6+12.8+13+14)/4=12.85
cut off my MPT -3% & switch to TT&T...hope this one will return my loss
pink
True good breakout on strong volume, I think can go up much further, can it? How does JASMINE look (JAS)?
Pink i think you've done a good thing to sold out MPT coz their 3rd Q result looked scary, is it correct zorro?
I love my FNS now, just slowly buy on weakness
ueda
true: just a rebound fom a previous low.10-10.5 should be the maximum this round
jas: volume picking up, looks good for now but important resistance at 0.58-0.6, if broken we could see a major run.
mpt: is q3 already out? the weak q2 was expected in june when mpt dropped from 4 to 2
fns: volume is low again, not a good sign.
Zorro
Do you think PDI can make 50 this round?
Please comment on IRP. Thank you.
pdi: 55 could be possible
irp: resistance at 7.45, made douple top similar to the time in april/may. should go down now. if you hold it, sell if 7.2 is broken, otherwise buy if 7.45 is taken out.
Many thanks re advice on PDI and irp Zorro.
cpn this round will run far and fast
any comments on CPN zorrow? What stocks to buy on this correction anyone?
KM
cpn: rebounding from 25 day avg, use it as stop.
other stocks: i was busy during the weekend and did not check the stocks as usual.
you might take a look at tt&t, stop 1.6 and sell at 75 day avg.
mpt still interesting, stop 2.24
Zorro,
Do you think SET will have correction now? What is your opinion on coming week investment outlook?
Thanks
I told you here several days ago that INET and GRAMMY both are losing firms.
All hospitals'earning and profits are the best SET performers
set: failed to break the channel resistance, so it looks like that it could have a correction this week. should not be much downside as long as foreign buying continues. if 750 is broken, things will be bullish again.
finansa indicates 760 this month and 780 next
broker stocks will lead the market this afternoon.
KK
I told you cpn will run far and fast, I agree broker stocks will burst some time this week.
I sold my TPIPL today at 14.9 and buy KTB with the same money
posted by CHEAP
Just came back from Moscow.
Wow! TPIPL has move up over 50%. Move LPP to 14.50 or wherever you like.
CPN: move LPP to 22.5 or higher
NNCL: flying like a rocket. Use 4 days average as LPP.
ASCON: seems breakout. If chase, set 13 as stop.
CFRESH: a small broke out. Move LPP/stop to 24.42
INOX: if your have this stock, Lock some profit today and move LPP to 1.36
KWH: move LPP to 2.2
DSGT: resistance around 3.9
PICNI: It's said this stock is very poor on fundamental. Many people look down upon it. But I just wonder why it has not yet broken down the 0.35 support? A slow cooker!? Wait and see.
MLINK: do not care it's snoozing or not. Just set your LPP/stop at 2.10. If it is not offering more dishes, leave the table. Resistance seems at 2.30
TPIPL: move LPP to 14.75. Enjoy :)
My Personal feeling JAS might come in a big way (6 months)
KM
KM, if you look at JAS's 5-year chart, you can see, JAS is forming a flag pattern. The lows keeps moving up bit by bit. My blind guess only. Sooner or later it will fly.
mlink: 75 day avg (2.14) acts as resistance, should fall back now to 25 day avg (now 1.96) or even lower. uptrend line from low in september was broken friday.
how about other speculative stocks EWC,THECO,MME?is it worth to accumulate slowly now...i guess MME wl report steady earning?
ueda
speculative stocks: are usually played when the set is in a downtrend. just watch those stocks, if one is strong up while the set down, it is a good opportunity for a st-game.
ewc: on friday i nearly posted a buy-rating when the 25 an 75 day avg was taken out, but some gutt feeling kept me silent. today ewc dropped again below both avgs., not sure what is going on there. if it can climb above the 75 avg again and stay there for a couple of days or puts a bit of distance to it, it would be safer to buy.
tt&t: a bit similar like emc but it managed to stay above the 25 avg (1.59) which is the stop.
mme: still below 25 avg, better to stay away.
theco: i wrote about a month ago: "bearish triangle since february, buy only on breakout above the resistance now at 1.6". this is still applicable.
picni: is cooking but i would rather prefer to buy on a breakout or a very big dip (below 0.3) than to collect now. needs to clear the 75 day avg for a couple of days (now at 0.4).
iec: there was a strong rebound when the punters pushed it up but they let it fall down again, after it nearly reached the september low of 2 and the 75 avg at 2.1.; now a bit below 25 day avg which could be a point of rebound. too risky to invest and even for dayttrading you need to have a lot of experience. if the 25 avg at 1.54 can't be reclaimed tomorrow, another big fall could be ahead.
what abt EVER? fallen down quite a lot, something to be made here?
to all of you :
today,14th between 9.30 and 10.00 I could not log in in this blogg.Now around 10.35 I could log in.
I use the same url as allways.
Any idea why it was blocked?
What about singha,singer,
focus,psap ?
Thanks alot
pau
PDI is down a bit as the price of zinc has fallen for 2 days. Now zinc price is rising again over $2 per pound. Get some PDI before the punters realise .....good luck to all.
PDI sold off on increased volume = negative
pau, I don't think this blog is blocked. The blog could not accessed from within China in the past, but now it is accessable all over the world. We have it tested. No problem.
Picni suspended, is it a buy after it resumes trade? I think it will fall when it opens so keep 0.30 as the buy price? SOLD NSM today after the stock didnt preform.
I have many stocks bought at wrong time and never sold them, now they are very low dont know what to do, should I average cant sell some of them are really low. Bought them 3 years ago when i first got into the market.e.g
LIVE- 2.68 (back then it was called DOI)
DTM- 3.87 (suspended)
BTC-W2- 2.07
FNS - 53
KMC - 15.50
N-PARK- 1.50
PF- 15
SIAM- 12
TNITY-22
Please all coments welcome expecially from Zorrow, Scrt4u and CHEAP
Thanks,
Upset
wooww what a pity!!it might takes 10years for KMC or 5years for FNS back to your buying price...i guess many people suffered like yours, all the best brother & keep tune in this blog
pink
SIAM nd TNITY go up every cycle e.g 99, 03 so wait them out. Maybe also PF and BTC, but FNS, KMC and N-PARK are not so certain to regain 03 highs next time around. DTM v unlikely, it was one time ramp & dump.
To Upset - You lose too much. Why didn't you cut loss when your loss was still small? My suggestions as follows:
Forget past and be in a good, relaxed mood. Just presume that you start invest in SET recently.
LIVE: hold it if 0.25 support does not break.
DTM: set stop at 1.04; If resume trading,exit.
BTC-W2: set stop at 0.5
FNS: set stop at 11.30
KMC: set stop at 1.5
N-PARK: set stop at 0.35
PF: this stock has made good profit for us. You can set stop at 3.80. If break, exit.
SIAM: this also has made great profit for us. The price just broke the previous two highs but next resistance is around 5.5 - 5.75. Move LPP/stop to 5.20. If it breaks down, exit.
TNITY: this stock is now in uptrend. Move your "Lock profit point" 7.20.
From now on, please visit this blog daily and check for the updates for our cooking stocks. You can also get help from other people.
Hope helpful to you. Play at your own risk.
To Upset
you invested in stocks that I have never bought. Unlike people here I do invest in FA based rather than TA based, for example, I will invest in stocks like BGH, KTB, DRT, CPN, and recently TPIPL and also some Banking stocks such as BAY, KTB, (sometimes KK). Frankly speaking I have learnt a lot from this blog about some TA basis to help my decision but most of my stock picks are stocks that I have mentioned above. Why not you try some of these but you have to consult someone here for the timing.
posted by CHEAP
NNCL: move LPP to 3.5 or higher.
TWP: if you have this stock. Take some of your profit and then move your LPP to 21 or higher.
DISTAR: today it shot up alot. Next resistance is around 1.22-1.26
INOX: move LPP to 1.35.
SYNTEC: seems a small brokeout. If chase, set stop at 0.85. Good luck.
SINGHA: seems double bottom. Set stop at 3.32 if you enter.
SINGER: It brokedown the support at 2.84. It seems that the punters are doing a big shakeout but no shareholder are afraid of it. If its fundamental is good, buy more when its price is stable again. Play at your own risk. My blind guess only. Good luck.
To CHEAP
Please recommend your FA-based stock picks in this blog. If we combine FA and TA, that will be more accurate for us to WIN :)
Any people who are good at fundamental anylasis, you are welcome to post your FA based stock picks.
Warning: TPIPL has help you make 50% profit. Now it looks a little tired. Set your LPP/stop at 14 - 14.50. If it retraces, it could fall back to as low as 12 or even lower. Don't let your profit fly away. Don't be too greedy because 50% is good enought.
You can re-enter and profit on TPIPL again.
Maybe I am wrong. We could not be 100% correct and accurate.
Warnig: TT&T is now near the crucial support line. If 1.53 breaks down, reduce your position and enter again when the price is stabel. Probably around 1.40. It's a game of "mouse playing elephant".
L@@K, actually we are taking your hands and walk you through the tough way to be successful on stock market. Those stock gurus hate me to do this, TT&T inside big punters also hate me, you know?
Hey CHEAP, any FA on TSC, TCB? Which stocks do you think are good to invest in now? To Scrt4u I wish I had TPIPL! Any other stock with such upsides hehe?
pau, I just notice that you also ask comments on FOCUS and PSAP. My blind guess as follows:
FOCUS: cooking for a rebounce. Buy on every weakness. but If 2 breaks, exit.
PSAP: it seems that chefs are preparing a rebounce. Good luck to you.
Could give yourself a nickname so that I know whom I am answering to?
Except TPIPL, another good stock is MPT. Most people think its Q3 result is poor. My blind guess is that is only for cheating the rettailers. You have think opposite to the majority of the stock population and you can win big money. Don't believe? OK, wait and see.
When we said TPIPL is cooking, some people argued that its fundamental is poor. Now you see it kept moving up 50%. How do you explain this?
I repeat again MPT, MPT...
Punters will most probably do some shakouts but finally it will run up alot.
MPT might turn profitable next year after reading about it in KEMENG, big orders expected from Seagate, I will surely consider this stock thanks Scrt4u. Any comments on this stock CHEAP?
KM
i m out from FNS w/ loss 6% & switch to NSM & MPT following this blog...wl take a break for couple days, hope everyone make money here
ueda
to upset: live has a right issue coming up, if you don't want to subscribe to the new shares you better sell and buy back later.
TSC is a good stock but I have a bit worry about chinese competition and Thai Auto Industry future, not in the next 1-2 years but farther, anyway If you can buy more or less at 9.30 +/- that is safe.
TCB is also a good stock, if oil price down it can make higher profit from lower cost. I think next year could see a higher share price.
posted by CHEAP
to scrt4u:thank you for your comments and help !
What about perm and tfi ?
pau
To pau -
TFI: seems cooking. Enter with 1.25 as stop. Good luck.
FERM: Looking interesting. Try your luck with a stop at 1.4-1.5. Good luck.
NEP: if you have this stock, take some profit or move LPP to 5.25.
STPI: move LPP to 3.75
NNCL: move LPP to 4.25 or higher.
EPCO: warming up.
I recommend PTT at current price, news today saying that the cabinet also disagree to delist PTT, other fundamentals are that PTT is trying to promote NGV, the very profitable source of PTT's income with high margin (not gasoline). Quite confident that both news are good for PTT in near future.
posted by CHEAP
sorry that I do not have any knowledge about MPT
posted by CHEAP
PTT: if you like to play with PTT, enter with 1st stop at 225 and 2nd stop at 220. Good luck.
AJ: took out 3.2 resistance. Good sign. Move your LPP/Stop to 3.2 or a little higher.
CFRESH: move LPP to 2.5
KMC: interesting. Enter with a stop at 1.7 Good luck.
many tks scrt4u
more news about PTT:
Mr. Min. of Industry/Deputy PM informed today that he disagrees with the delist, his comment is to let bygone be bygone as the delist would bring more catastrophe than benefits to the country. PTT has very close relationship with ChevronTexaco (who bought UNOCAL) and can be said to have monopoly in NGV supply. Chevron also owns STAR gas stations in Thailand with great loss every year. Chevron and PTT are working together to take over all gas stations from Chevron so that Chevron will concentrate only on Wholesale. Please note that NGV will be supplied only thru PTT's gas station. But due to some pressure, it would possibly be distributed thru other gas stations but major profit will be to PTT
posted by CHEAP
If a comapy has monopoly and is backed by the government, it's a good chip to play. I think PTT is too important to be delisted for the economy. So sometimes we have to consider a stock "politically or national interests".
NWR: This stock has made about 70% profit. Now warning: if it breaks 0.84, reduce position.
70% profit is good enough :) right?
You can re-enter again.
BLAND: now this stock is playing above a platform of 0.78. Move LPP to 0.80
To notaclue -
NSM: reduce your position.
It is cooking but it seems that it can not stay above 0.39. I guess the chefs will do a shakeout.
so hopeless with NSM and GSTEEL both are rubbish
be patient
look at my CPN, it downs to 23 this morning but now come back up
posted by CHEAP
notaclue, if they do not "torture" the retailers to death, the "insider big punters" won't pull the price high up. :(
GBX: move LPP to 2.4
EVER: if you chase, set stop at 7. good luck.
sold out all NSM and GSTEEL today
a big relaxation.
got out of NSM bought CENTEL.
KM
you should beware about PICNI, now this company is run of cash or working capital, also cannot get any loan from banks. Better Avoid definitely.
how about TMB?is it cheap now or still too high since they wl face problem ahead of new banking regulation
when can the management of these two firms spell the word "profit"?
match/true
Has Thaksin son sold TMB stake yet? No reason for Thaksin to hold now. Maybe they will put it up to sell the stake.
GSTEEL if it can stay at or above 1.05, enter without delay
GSTEEL, agree with above poster, some poeple don't know what is cheap. Think about the other shareholders/owners who have bought at 1.50 and now down to 1.04
Downside risk is so small now. Look at my BIGC, bought at 38.50 and hold for more than 5 months, today it is 45, my sell target is at 50.
For GSTEEL, profit for 3 quarters is 0.11, plus next quarter will become 0.14-0.15. I don't expect price to be 1.40-1.50 but current price is CHEAP
posted by CHEAP
PRECHA: move LPP to 2.5
PLE: move LPP to 8
EVER: move LPP to 7.5
WIN: set stop at 1.5
TMB: seems support around 3
GSTEEL: support seems around 1.04
EMC: move LPP to 3.3
Did you buy DRT?
posted by CHEAP
Trust me GSTEEL is not bad. In foreign markets, all steel firms are up
posted by CHEAP
SYNTEC: Move LPP to 0.95. small profit already.
DRT: move LPP to 8.75
NNCL: you can see now this stock is a little tired. Glue your eys on the screen and set your LPP at 4.50 at least. If no more dishes comes, leave the table. Vow, this is a 300% big meal. Dilicious!!!
TCB: VOW, CHEAP, you are right it is a good stock. You don't have to wait until next year. It started shooting. Move LPP to 17.5 or higher.
BIGC: if you have it, move LPP to 45 or higher.
ECL: resistance around 1.10
TT&T: stopped out but get ready to re-enter again when price is good.
AJ: Aha, it finally shot up. About 20% since our call. Not bad. Move LPP to 3.75 or higher.
SPALI: broke out again. If chase, set stop at 3.95 Good luck.
BIGC: move LPP to 46.
scrt4u
I am confident that more and more people become realized that GSTEEL is not cheap but is too cheap, the same as my BGH that somebody here ever mentioned that it "was" expensive.
posted by CHEAP
BIGC: if you have guts, hold another 4-5 months and sell it at 50 baht.
This year BGH can generate "NET" profit at the rate of 3.20 million baht/day, next year it will generate "net profit" at the rate of 3.50-4.00 million baht/day. (could be more if interest rate is lower)
posted by CHEAP
Cheap,u talk so loudly on GSTEEL no wonder chef don't want to serve food for us, BE COOL!!
To notaclue - I do not think it's wise to put all your eggs in one basket. Even MPT is very nice you still have to adhere to the principle of "diversification of investment". Don't wish to get rich overnight. If you can get rich overnight, you can also get broke overnight. You should gradually set up (or find) a trding strategy that can bring you reasonable, stable, low-risk profit. Preservation of your capital is more important than making profit.
NSM: still cooking.
JAS: if you take a look at its 5-years chart, you can see its protential.
After you put most of your money in MPT, if the big hands won't do any big shakeouts, you can make good money. But if they smash the price lower and you can not grue your eyes on the screen, you will lose big.
It's up to yourself.
Sold my AOT today at 72.50, considering KTB after Cheap's advice. Banks should lead the index higher, also on my list is MPT which seems to be cooking.
KM
BIGC: have you been shaked out today? The major punter is very tough. You have to be strong phycologically. BIGC is a joint venture between France and Thailand if I am not wrong. It's a chained supermarkets, competing with Lotus (which is a joint venture of UK & Thailand). BigC supermarkets are very nice. I have been to some of them when I was in BK.
Hey CHEAP which steel sector stock do you like the best GSTEEL, SSI, MS or NSM? I see u been saying GSTEEL but do u know GSTEEL has bought into NSM and u know wat NSM is (loss making company).
KM
TCB: move LPP to 18.5 or higher.
DRT: move LPP to 8.85
SYNTEC: move LPP to 1.02
NWR: broke out again. Move LPP to 0.89
STPI: LLP to 3.75
TFI: good up today. pau, you should be happy now. I told you it seems cooking.
LIVE: if you chase it, set stop at 0.27
KCE: broke out. If chase, set stop at 3.7 or higher. good luck.
ASCON: this stock made us big profit before. Today it broke out again. If chase, set stop at 13.50
RRC: It looks oversold. RSI 10. If you try it, set stop at 18.40.
RK up 4x and showing every sell signal there is and they are going to have an 'Analyst Opportunity Day'. Hilarious, but I let 1/3 ride as you never know how far these things can go. nobody made 1000% selling out at 240%. Worst that can happen is last 1/3 goes back to zero but I still have doubled my money from 2/3 I sold yesterday. Think probabilities, you have to have the mathematics working for you.
NSM: let me talk a little more about this stock in a technical
view.
Please take a look at its 3-years chart.
On 18 Nov.2003, its price was 3.94. Then it kept moving down, down, down... although sometimes a some ups, the major trend has been down, down. Every down implied that every shareholder was losing money. Shareholders' confidence kept losing a bit by a bit. Since last May, the price kept move horizontally which remained "unchanged" for over 6 months. Its price has never been moved in such a narrow horizontal channel for such a long time in its history.
If the compay is really losing money, why would the stock price not keep going down, down, down to below 0.35, down to below 0.20, down to below 0.10?
Statistics and research reports are not always reliable.
Chefs are probably collecting raw materials for cooking. Just blind guess. Mybe I am wrong. Even I am wrong I won't lose big because I have already set a TIGHT STOP.
Punta, nice to see you here again. Very good strategy!
Who said it is impossible? Possiblility lives in impossibility.
it seems to me every people here is making profit, no one makes loss, superb and incredibly or boasters.
As a matter of fact, no one tells you how much he loss, many will show off telling his own success. I like you scrt4u for your frankliness
Nope, not all winners have some stocks that are 50% under water. TFI, TT&T GBX, + others. That is the reality. Would like to have sold but got caught. For stocks around the LT reset level this is an acceptable risk - ie smashing down before the run up. Above reset level finger on the trigger at - 7%.
If you think I am boasting then that is up to you, I lost interest in what other people think long ago.
notaclue, buy the quit times and sell the wild times. Your business is with the tape. Any informtion that finds its way as far as us retail punters is probably disinformation. Watch RK, my guess is there will be maybe one more spike but it will probably go down after the Analyst Opportunity Day. Why was there no Analyst opportunity Day when the stock was trading round Bt1 not Bt4?
1) You have to have an 'edge' - if you don't know what your edge is then you don't have one.
2) there's a putz [fool] in every game, if you don't know who it is then it's you - you are the putz
3) Water and money find their own level. Business will do whatever it can get away with.
4)If something is open to abuse for financial gain it will be abused.
5) In poker the best amateurs read their opponents, the pros read the odds.
In addition to reading the price action you have to evaluate whether or not there are good enough odds for you to deal. The mathematics have to be on your side. If not, pass on the price action read. Trading is a game of odds. If you are speculating you are not analysing investments you are playing poker.
live: from phillip sec.:
The company announced book closing date for capital decrease on 24 Nov
2006 whereby “SP” sign will be posted from 21 Nov until the transaction has been registered with the Commerce Ministry.
The book closing date for capital increase will be on 6 Dec 2006 at a ratio of 1 old common share to 1 new share at Bt1.10 each. XR sign will be posted on 30 Nov 2006 and subscription date between 18-22 Dec 2006.
According to the BOD’s resolution, the company will decrease capital
from 9.9135 existing shares to 1 share, which will decrease paid-up capital to 230m shares (Par Bt1). It will then increase capital from 230m shares to 460m shares by allotting them to existing shareholders on the basis of 1 old share to 1 new share at Bt1.10 each.
Calculation of stock on the first day it reconvenes trading will be based on closing price on “SP” date times # of shares after capital decrease and calculating after XR. For example, at closing price of Bt0.31, after capital decrease, the stock price
will stand at Bt3.07 (0.31 x 9.9135) and after XR, stock price will be Bt2.08 ((3.07+1.10)/2). As such, the reference price on the day it reconvenes trading is
at Bt2.08.
scrt4u, do you like any stocks from this selection:
acl, asl, bland, epco, ewc, iec, kce, ktech, sattel, sgf, tnity ?
I got some LIVE at 2.68, 100,000 Shares stuck for ever with this, now I am ready to put more money into it to lower my cost, as I see this is the only way to get out of this, so should i buy now or what should i do. OPEN TO ALL ADVICES.
SICK AND TIRED OF LIVE
No , do not average in again. With stocks that go up a lot when they go up, it is better to just leave the position and accept that it may be a while before you get back to B/E. If it does not go up again you would have lost a lot more if you averaged in again.
Is it the right time to buy into ITD and STEC since the "mega progects" are getting forward with bidding starting from March 2007?
KM
zorro, answer to your question:
acl: Forming a flag, if 4.5 holds, can give it a try
asl: looking ambiguous
bland: in uptrend after brokeout, resistance around 0.92-0.94
epco: It's on our cooking list. still cooking.
ewc: seems cooking. stop=6.4
iec: brokeout with volume. stop 1.5
kce: brokeout. If chase, stop 3.7
ktech: ambiguous.
sattel: consolidating. stop 8.5
sgf: took out previous highs but seems distribution now.
tnity: in uptrend. stop 7.35
to SICK AND TIRED OF LIVE:
if i understand the capital reduction and increase correct, you will lose 50% if you don't subscribe to the new shares.
either sell before the excercise date (guess you will have to sell on monday before live gets suspended) or hold and subscribe to the new shares.
the situation is similar to tfi some month ago. Maybe there will be a short rally when live begins to trade again, as those who subscribed to the new shares want to sell them at a nice profit.
check the details of the capital increase by yourself.
to scrt4u: i agree with most of your observations regarding my enquiry.
these were my ideas about stops for the above stocks:
acl: stop 4.5 and/or 25 day avg
asl: stop 25 day avg
bland: stop 0.81
ewc: stop 6.6
iec: stop 1.5
ktech: stop 1.6
sattel: buy on breakout closing above 9
sgf: stop 0.61
pretty much the same as scrt4u.
zorro, we have almost the same minds.
Took the equity out in DE. Looks weak but the punter like deep corrections. Lots of sell signs but also looks like it could double so left the profit in to ride.
TCB: move LPP to 19.
SYNTEC: move LPP to 1.05
NWR: brokeout is strenghthened again. Move LPP to 0.90
STPI: LLP to 4.08
TFI: move LPP to 1.5
LIVE: Pls pay attention to zorro's post.
KCE: broke out. set stop at 3.8 good luck.
ASCON: this stock made us big profit before. Today it broke out again. If chase, set stop at 13.50
RRC: It looks oversold. RSI 10. If you try it, set stop at 18.40.
PRIN: if you have it, move LPP to 4.75
N-PARK: move LPP to 0.42
TMB: insteresting again, stop=3.04 good luck.
PICNI: zorro, do you know this stock's fundamental. Could it go broke or is it a "sleeping beauty"?
Check its 3-years chart.
TT&T: get ready to enter again if 1.5 is a support.
picni: everytime there are news about picni it is about need of new capital and other dodgy things.
today a bit strong but has a slightly downsloping resistance since july at 0.4 where it seems to bounce back now. if it breaks 0.4 the punters could bring it up higher.
Beware of stocks doing reverse splits such as TFI and LIVE. They are really just interested in getting the share price up to levels wher it looks respectable and then just issueing more stock.
Does anyone know whats happening with NNCL. The stock price is just crazy now?
As a value investor i bought around 1.6 baht but sold out by 2.2 feeling that it was getting pricy compared to other industrial land banks.
But at this price its trading on a PE of 17+ higher than others like Rojana which have a much stronger financial history.
Regards
Chilli
er, maybe it is being ramped.................
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