Unit Trust Misconceptions

Posted by Kris | Sunday, August 31, 2014 | , | 5 comments »

Nice Tatoo
Last few weeks, I accompany my friend to talk to a unit trust personnel at a local bank after she found out that my friend's account has been idling for some time and wanted to recommend new unit trusts to invest in.

The agent was a very young and pretty girl, heck all her fellow colleagues have considerable beauty.

I saw the name card and I was shock: Wow..manager at such a young age!


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Penny Stock BloodBath

Posted by Kris | Wednesday, August 20, 2014 | , | 2 comments »


Yesterday around 5.1 Billion shares being traded in KLCI spurred by penny stocks and the KLCI closed positive +~10 points. I guess it was because DJIA was closing like ~163 points the night before. Hence, the ultra bullishness.

Asiapac itself almost hit 940,884 lot!! (1 lot = 100 shares). However, stocks like IDEAL, IJACOBS (coincidentally both stocks have the word 'IDEAL' in the company name) took a waterfall beating in the afternoon session. Previously, I also notice a fast moving stock called SEAL taking a similar dropdown knee jerk.


ideal
IDEAL


ijacobs
IJACOBS


Wow. The high volume is really a bad sign of the pending selldown that happened today. 


Today, the 3 hottest rocket moving former penny stocks took a nose dive. The news is that certain investment brokerage decided to limit their margin account facilities line on the big players causing them to quickly dump the stocks to recover some money to avoid margin call squeezes.

Then came all the selldown across the board as fear spreads towards penny stocks that had a good run for a few weeks before. Nevertheless, it is like a joke that KLCI managed to edged upwards +6 with ~700 with losses today.

They are SUMATEC, PDZ, MARCO.

Sumatec leads the fall with its share price slid 24% to 46 sen at 4pm on 567.3 million shares changing hands. PDZ, which is rumoured with the emergence of new shareholder, fell nearly 15% to 32 sen with 402.2 million traded. Marco Holdings, which is linked to tycoon Tan Sri Robert Tan Hua Choon, was down 10% to 21 sen.

sumatec
SUMATEC

pdz
PDZ

marco
MARCO


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Property Price Fixing

Posted by Kris | Friday, August 15, 2014 | , | 2 comments »

Property Monopoly


Recently I got a letter in my mailbox. The letter describe how should I price my property if one day i decided to sell it. Honestly, I was very surprised (somehow delighted) that according to the letter, the anonymous people ask a valuer to value my property. It is almost 100% of my purchase price!

Nevertheless, i think the letter delivered to me and my other property neighbors has the following intention:

He/She does not want us to sell down our property below a certain threshold hence spoiling the overall market.

Market is on a bull run even though the KLCI chart is still a downtrend. Penny stocks and any stocks is moving upwards like a rocket!! There is a lot of FREE seminars organized by investment banks, so much that I was invited and will go to 2 different seminar on market outlook this coming weekend. 

Nothing much to do , so go and listen :) P.S Throughout my investing life, I think i been to every single hotel ballroom in the state. Lol...



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In Search Of Happiness

Posted by Kris | Thursday, August 14, 2014 | | 1 comments »



Interesting infographic on how to become Happy.


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Bull Market Rests, KLCI Drops -27 Point 8/8/2014

Posted by Kris | Sunday, August 10, 2014 | | 0 comments »

The chart above has NOT reflect the -27 point fall on 8 Aug. 

KLCI drops -27 point (solid black candle) and the bullish trend upwards since Feb 2014 has been broken. It has now turn bearish. It is the first solid drop for 2014. On 17 July, it was starting to turn bearish because it broke the simple 20-day moving average. 

4 major global issues are in play and getting worst day by day.

A) Gaza vs Israel (Escalating tension as ceasefire is broken. Looks like going to be a long conflict)

B) Ukraine vs Russia (Rebels seeking Ukraine entry back into Russia. Sanction imposed on Russia by the US and vice-versa)

C) Irag & Syria Vs ISIS insurgency (Unrest, up to the point that US ordered military strikes to save its citizen, whatever that means)

D) Ebola virus infections is spreading & getting worst with high mortality rates

Locally, political issues regarding the Menteri Besar Selangor post is getting hot as the current Menteri Besar, Tan Sri Khalid Ibrahim just got fired from the PKR party due for his refusal to step down as MB. Remember Selangor is one of the richest state in Malaysia beside Penang, so alot of things are at stake here politically.

Nevertheless, the politicians can bicker all they want but it is every Malaysian dream and hope that the rakyat can be well taken care of. :)

Too many global issues with unpredictable results, expect rocky stock market during August & September.

Now I am 50% in cash, as I took profit 2/5 stocks before the 8 Aug drop a few days earlier. (As I feel that the market was particularly weak. Maybe I am lucky? or I just sold off too early. Only time will tell.)


P.S And I think with the refreshing and welcoming heavy rain during these few days, the El Nino effect may not be as bad as one might expect. So the bullishness on palm oil related stocks should cool down also.

Nevertheless, I don't have any palm oil related stocks in my portfolio.

I bet there will be a lot of people screaming buy buy buy as DJIA manage d to go up +185 point last Friday even with the global crisis developing to the worst case possible.

My friend is still bullish while I am still pessimistic and expect more draw-down to happen. If there is chance to lock my profit, I will do it in the coming 2 months. Time to take a break also. 

1776 will be the critical support region for KLCI.

Happy Hunting :) 


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SideTrack: Why Does UFO Disclosure Matter?

Posted by Kris | Monday, August 04, 2014 | | 0 comments »

Guardians of the Galaxy
Just saw the Marvel movie: Guardians of the Galaxy where the story about the main hero (Peter Quill) being kidnapped by E.T (Extra-Terrestrial beings) from earth and raised as a intergalactic bounty hunter. It makes you wonder on the existence of U.F.O. which is a well discussed topic.

Some UFO information below:


Knowledge is power, and the truth about UFO encounters has remained under wraps for nearly 70 years, perhaps longer. Under any circumstances, the time has come for government agencies to declassify UFO-related materials so the public can come to terms with the full scope of the issue and consider the implications. Some countries have already begun to declassify some case files, but so far the United States has not adopted a policy of full UFO disclosure. The question remains why this subject would remain so heavily classified for so long if there was not something to it, as many have claimed.

Even though some former and current public officials have openly discussed support of the UFO disclosure movement, the official policy still remains that there are no signs of E.T. visits or a UFO cover-up. This is a clear case of official policy contradicting the evidence, and comes across as a direct lie to anyone that has done extensive research on UFOs. Would the government of a country really directly lie to its citizens? (See: Snowden, NSA Scandal).

Read the rest of the story at World UFOs: http://worldufos.com/2014/07/ufo-disclosure-matters/


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Selamat Hari Raya 2014

Posted by Kris | Monday, July 28, 2014 | , | 1 comments »

Selamat Hari Raya 2014
Wish to take the opportunity to wish my muslim readers a Selamat Hari Raya 2014. Maaf Zahir & Batin.

Since this is a long weekend break, I decided to take a long 1 week off to re-charged from my hectic work life and just chill. Weather is damn hot and I spending the time reading up on my books.

The market is current very bullish and this is also giving most investors/traders/speculator a break from the roller-coaster ride.

I am currently thinking what are the strategy to employ/select a conservative basket of stock selection as my aunt has entrusted some money for me to grow beyond the measly 3% fixed deposit rate. 

Selection is getting critical here as the current bull market is seeing penny stocks and 2nd liners shooting up to the sky. Hopefully, many will profit from it although it is not uncommon for people to lose money during the bull market.

I am current reading this book , as I just realized that I bought it long time ago but forget where i chuck it until i rediscovered it. It is truly a very dry book. Currently at Chapter 7. Consider very slow pace in my usual reading and understanding speed.

The Intelligent Investor

I will not mimic my current stock portfolio for my "Auntie Portfolio" as I consider my portfolio quite risky. I have 2 "penny stocks" out of 5 stocks in my current playbook, and is literally a "no no" if you follow the book above.  The other 3 are fundamentally good stocks. The funny thing is that the only bleeding right now is a cash rich company while the "pennies" are making good progress almost covers entirely the bleeding. Read here

And another thing is that because this is other people's money, I want to take good care of it.  I don't want to break my aunt's heart. I will capital guaranteed with my own funds if necessary.

That is why in Bolehland, over short period of time, in the stock market,anything can happen. Just look at Datasonic (..amazing for a young company. (splits, price doubles, etc)

So for conservative portfolio for "Auntie Portfolio". 

My Aim:

1) Don't lose any capital
2) At least beat current FD rate

Sound simple?

I am looking into 

a) MREITs
b) Dividend yielding stocks of < RM1

I am still hunting....for the right mix. 


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My 888th BlogPost - Germany Is World Cup Champions 2014 Finally!

Posted by Kris | Monday, July 14, 2014 | , , | 1 comments »

We are the Champions of the World!!

Late Goal in Extra Time by Gotze sealed the game for Germany Win


Dedicated to Germany who is my favorite team that finally won the World Cup 2014 since 1990. The 4th time for the country. And also the first non-Americas team to win the world cup on Americas soil as host. (this fact was mentioned a few time as run-up to the match as Germany is not really the favorite to win because of the stats encounter between Argentina and Germany. Argentina won more time in the encounters.


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Wanted Dead Or Alive

Posted by Kris | Saturday, July 12, 2014 | | 1 comments »

winnie the pooh


Wanted Dead or Alive : Life-size Winnie The Pooh. (see picture)

Duration of bounty: Within 2 months from now

Anyone selling or know where to buy one with such a size, please let me know by dropping a comment in my blog or drop me a message in FaceBook @KnowThyMoney.



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I Asked 5 Single Girls This Important Question!

Posted by Kris | Wednesday, July 09, 2014 | , , , | 3 comments »

Andrea Corr, the woman I admired when I was a teenager. She looked like Sexy Smart!!
One fine day, I decided to be insane and risk potential bullets coming from my 7 single female friends by asking them this important question. SO what is the important question here? 

No, it is not-> "Are you single & available"? 

Nor is,

"Will you be my girlfriend?"

So what is the pressing question that I was curious about to know from my female friends....

Drum roll please..... My question is....



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Amazing 7:1 Germany Win Over Brazil in Semi-Finals 2014!!

Posted by Kris | Wednesday, July 09, 2014 | , | 0 comments »


One is Happy, One is Sad
One word: Amazing and unexpected scoreline from Germany versus Brazil. Brazil lost in front of the home crowd in such a one-sided scoreline.

6th Goal



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Another Weekend Coincidence

Posted by Kris | Monday, July 07, 2014 | , | 2 comments »

Just Passing By
One fine weekend, me and my friend decided to go round round at town area. After our lunch, both of us were tired but did not want to go back home as we were both lazy to do work on a weekend. I actually wanted to go home already as I was tired after last night's football match, but I gave in to my friend's request to go explore explore.


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Genneva Client's Strike Back

Posted by Kris | Saturday, July 05, 2014 | , | 0 comments »

The Dark Force
Looks like the Genneva Saga has not yet ended. The genneva victims clients just file a lawsuit against the Genneva company and also the Bank Negara as co-defendant.


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Catholicism Is Different?!

Posted by Kris | Wednesday, July 02, 2014 | | 0 comments »

pope benedict
Eucharistic Celebration
On one fine day after a stock investment seminar event, I did my friend a favor and fetch her friend (a total stranger) to drop to a nearby location on the way home. 

So this stranger saw my catholic catechism books (I seldom fetch people in my car, lol. So there is a lot of empty space behind and I tend to forget alot to bring my books if i bring out from my car) at the back of my car at the passenger car seat as he was sitting behind and another friend was sitting at the front passenger side. 


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