Tim. with your current capital you should be getting about 20 different stocks for diversification. its very risky to be investing so much in just a few of those high flying counters.

over the long run, most speculators lose money.

you are new in this game, learn risk management. a stream of steady income and continuous growth is much better than scoring few quick wins then be subject to unexpected losses.

Actually my intention is to buy 20,000 units at 0.325. Later the price keep falling & i average down by another 10,000 units at 315 to lower my entry cost to 0.322 pershare. Cannot sell now or I will suffer loss. I agreed I lack of trading experience. I bought cimb also at one big purchased instead by batches.

buy only at areas of support. short term support is 28c, 24c, 20c. longer term support is 28c 20c 15c. this gives you higher probability of success.

resistance at 34c, 38c, 50c. thats why it fell when it touches 34c. What happened is the charts. In May to Jul 2020, many people bought between 30c and 40c. They got stucked. Now they are given a chance to offload their shares when it moved to 34c today. so they sold.

then a lot of ppl bought between 25c to 28c in Dec 2020. these ppl also sold.

charts are beautiful. it tells stories. remember this always. JAG is still ok, no worries.

you have the right mindset to buy companies with good outlook. now need to polish up financial and technical skills and emotion control.

in life, we are often restricted in our actions. we want to do so many things yet we cannot 放肆 and do.

in financial markets, we have the freedom to do anything. but it is precisely in this market that we must have discipline to control our actions to become successful.

I open my trading account when I reached 21 at December 2020 and my first buy are Tenaga at 10.32 . Since than every day dropped & I decided to disposed at 9.98 . Suffer my first losses haha. I panic when the price keep dropping. Than I enter cimb at 4.05 and price dropped to 3.82 almost heart attack Hahaha. I called my uncle (Fund manager) , he told me just hold tight and later the price rebound.

@Tim my. Carepls before pandemic is -ve PE. Loss making company . PE is not a good guide for share price . Just indicate currently company is making or loss money . For example genting now is -ve PE. But people foresee after pandemic and vaccine on board , the genting business will back to normal or even better. So they applied forward PE , many are confident genting will become very profitable soon. Long term investor look at future and buy it .

If compare with past quarter,jag incurred approx 8.5m direct cost which due to cost of disposal on quoted investment.previous few quarter jag’s direct cost is only below 250k.let...y if assume the disposal cost is just a one time cost means to achieve 5m is not an issue.
If below 4m can prove that jag’s management team is not doing well