Old man like me still learning about computer technology.
Just learned that I could use desktop computer to use whatsapp. Amazing indeed.
Many people asked which is the "twin" stock I am talking about in my previous post.
Here you are. Screenshot of the whatsapp conversation obtained through desktop computer.
The conversation was some time in May this year.
I must admit I did not buy that twin stock but my associates did. Not one but both the twin stocks. Congratulation to them. In fact, they made profit for most of the other stocks I told them... Gadang, RCECAP, JAKS and the recent two stocks. I am happy for them.
I have one more in my sleeve but am a bit worry it will end up become speculative play for most people instead of for long term investment because of its lowly priced at the moment. I will share about it when the stock has "matured" a bit perhaps.
So glad this one did not take long to be discovered by the market.
I hope those who received my email in April did bought this stock. In fact I only bought it later in May 2017. Actually, this stock has a "twin". Her twin had already claimed the magic number of 100% rise in price. Sadly, I did not buy her because I love Skpres more.
You cannot have all and buy all, can you. Finally, her other "twin" Skpres is playing catch up now.
Its share price closed at all-time high RM1.91 on 3.11.2017.
I must admit I am quite slow in replying emails. There were time many emails were missed out or totally not read at all, what more recently there are many emails flooded my inbox.
I belong to the dinosaur generation where computer was known to be as big as a classroom blackboard. While I try to catch up with advancement of technologies but my eyes don't necessary agree with me. It is quite tiring looking at the smartphone for more than 10 minutes ! I still prefer to use my ever reliance old junk desktop computer. It is a machine that my grandson will never stand near to it and he often tells me it is too slow to do anything. Of course he just trying to be naughty.
Back to my original intention for this post. If anyone of you who had deposited into my grandson's dad's account but have yet to receive a reply from me, please send me a reminder. I really have lost track on those of you who have deposited. There were too many than I would have expected.
By the way, I found out that many thought that I am providing some sort of stock recommendation services with paid subscription. Unfortunately, it is not the case. It is actually a project that I started for my grandson back in late 2015. If you are no sure what i am talking about, perhaps you may want to read my post below
Whenever I started to hear "I should have buy more" or "I want to buy more now" or "What good stock to buy?", I know exciting time, yet again, has come to the stock market. Everyone yearn for it. It has been relatively uneventful period for the past one year for the stock market. Now is certainly a refreshing period. How long will it last this time? Nobody will know but why not we welcome it while it lasts. I am not suggesting we must pour everything we have into the stock market but rather we must invest sensibly.
Quite often during this period of time, people will start to ask "What stock can I invest?" Sometime I rather not to answer but trying to be polite, I just said "put some money that doesn't cause an arm or a leg if anything happened". Because I knew based on their demeanour, they already have decided to buy with or without my opinion. They just need someone there to reinforce whatever they intend to do soon or maybe already had did it. 3 most possible scenarios of their current situations will be when asked further:- 1) He or she has not invested anything prior to this or invested in some stocks.My question will be - what make you think you are really investing and not trading this time around and why now when the market is hot and not say 6 months ago when the market is cool?My humble answer is you are probably attracted by the easy money from the hot market. You will get out as soon as you get in. Therefore, you have to be careful dabble with stock market. 2) He or she has invested in some stock but the price not yet move and wanted to top up the same stock.My question will be - is the company still fundamentally good as the first time you bought it? If yes, my humble answer is no harm to top up. 3) He or she has invested in some stock that price has moved up and wanted to top up the same stock instead of dispose it.My question will be - have you satisfied with the profit and has achieved what you have targeted during your first buy?If yes, my humble answer is take the profit and enjoy the fruit of your investment. Then take your time to hunt for next stock investment. Be disciplined and steadfast to your goal is the key to sustainable stock investment mindset. It doesn't matter if the stock price keeps climbing after you have disposed it. You have make your profit, and let someone makes theirs. If no, my humble answer is no harm top up units of the same stock. The quantum is a matter of your personal risk tolerance. As for my recent case, I have topped-up 25% units when the price has increased 40%. The reason for doing this is pure mathematics to plan my top up arrangement rather than based on emotion. Bear in mind, this arrangement might not work for you if your current stock holding is less than 10,000 units. By stating 40% figure doesn't mean I have set my exit price. Certainly not. My exit price is a function of the company financial performance in future, it means as long as the company grows, my exit price grows in tandem, it means my exit price is dynamic, it means it is a long term investment. Whatever it is, the bottom line always is we must make money from stock investment. Doesn't matter how much you have made, as long as you are happy after selling, and that matters. Doesn't matter your next friend makes more profit than you, as long as you know you have made the right stock choice and it had given you that profit, and that matters. By the way, many had asked why I did not talk about JAKS. Well, i think recent events had already attracted so much attention. Nothing more need to talk about, really. You can make your own judgement. To buy or to sell or to stay, only give us the same outcome - that is we will still glue to the computer screen for some time now. Good luck.
My 2016 stock selection did not performance as expected. Nevertheless, at RM1.48, it still give us a 22% gain since December 2015. I wish those who received my report on JAKS are still holding on to the stock until now. Please accept my apology for the "slow" performance of this stock. I was wrong. I would like to think last one year could bring better price action in this stock price but it did not as anticipated.
If you have indeed keep the stock until now, not only you have gained a 22% in capital but more importantly you have gained the wisdom of patience in the game of long term stock investment and that's more important than a 22% gain.
How about this year 2017? I have one stock recommendation for 2017. Actually, I was a bit shy when JAKS stock did not performance as what I would have expected. Because of this, I was a bit reluctant to make new recommendation for year 2017 back in January. Maybe it is time now to share my 2017 stock recommendation but there is a caveat - the stock has climbed 33% since the first batch of my purchase in September 2016.
For those who have contributed to my grandson's education fund previously, I wish you could be kind enough to continue to do so this time around. As a token of appreciation, a report on this new stock will be provided, similar to the report on JAKS. If you are not keen, well, no problem.
Nevertheless, here you are, RCECAP is the one stock that I have invested for this year.
Don't worry. There is no April's Fool.
Its stock price closed at RM1.78 on 31 March 2017.