FKLI Futures Trading - Bursamalaysia
This will chronicle trading in the FKLI & FCPO futures. If you don't like what you see/read in this blog, just surf away. These opinions are our personal opinions and just a record of our thoughts..."In evolution, it’s not the biggest, the fiercest nor the smartest that survive, it’s the one that changes the fastest.” I.e. the key word is to adapt the trading style to the markets, until it stops working
Thursday, July 27, 2017
Tuesday, July 25, 2017
Friday, July 21, 2017
Tuesday, July 18, 2017
Monday, July 17, 2017
Tuesday, July 11, 2017
LCTITAN
Lotte Chemical Titan, can be considered a failed IPO, but is there a silver lining? At 6.50, from the information gleamed from news articles, the company has a market capitalization of RM15 billion. Historical profit was RM1.31 billon last financial year, which gives a PER of 11.5X. With the funds earmarket for expansion of the business locally and in Indonesia (new plant) profit should grow. Caveat is that there is intense competition in this industry, with more excess capacity to be added from various players going forward.
With the buy back from retail investors, this stock will be essentially an institutional stock. Is it worth a punt? Well punt NO but may be worthwhile investing. Time will tell....
Lotte Chemical Titan, can be considered a failed IPO, but is there a silver lining? At 6.50, from the information gleamed from news articles, the company has a market capitalization of RM15 billion. Historical profit was RM1.31 billon last financial year, which gives a PER of 11.5X. With the funds earmarket for expansion of the business locally and in Indonesia (new plant) profit should grow. Caveat is that there is intense competition in this industry, with more excess capacity to be added from various players going forward.
With the buy back from retail investors, this stock will be essentially an institutional stock. Is it worth a punt? Well punt NO but may be worthwhile investing. Time will tell....
Saturday, July 08, 2017
Wednesday, July 05, 2017
Tuesday, July 04, 2017
Monday, July 03, 2017
"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore
From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system