Stock Market Books

Tuesday, April 16, 2013

How do the syndicates operate stocks?


How do the syndicates operate stocks?

Come this Sunday on April 21, 2013 at 1 pm to listen to a famous author cum chartist, Mr. William Wong Yee’s talks about his observation on stock operation.

By learning how the bosses operate their stocks, you will be able to make tons of money because you will know when to enter and when to exit the market.

According to William, all stock operations are designed and they will work according to plan.  In his course, he will explain to you how the operators plan their games and how to see from the chart and how to calculate the price objective.

Stock market is about greed and fear. William Wong Yee will tell when you should be greedy and when you should be fear.

William will tell you how you can see and feel the momentum of the market and according to him, even Warren Buffett traded the market.   He said fundamental is important for stock pick because we don’t want to buy into a bankrupt company.  He said that only applying technical analysis can we get the timing right.  

I have just run the Mandarin class on April 14, 2013 and I have about 10 participants without having to post an advertisement.  Participants are happy about Wong Yee’s course and they demanded extra time for more examples.  

April 21, 2013’s class is conducted in English and it will be held in accordance with the schedule because we have already had a few people who have registered.  The venue  is at 3A, Jalan 1/5, Taman Industri Bolton(SCS Seminars & Consultation Services’ education center-----next to Sunway Batu Caves, infront of Giant, turn in on your left from BH petro station and then turn right you will see Tujuh Bintang Coffee Shop, and our education centre is located two shops next to the coffee shop.

I am KC Goh, a writer for http://www.leinvest.com.   I am also the organizer for this course. I thought that it might be a good idea to share Mr. Wong Yee’s stock market knowledge on technical analysis and market psychology with our fellow readers in this website.

The course fee is RM 500. Any investor who is interested to upgrade his or her knowledge can SMS me(h/p 0126597910) for registration. You can also contact me thru my e-mail at: scsyijing@gmail.com.

You can bank in cheque or cash to SCS Seminars & Consultation Services’ public bank account number: 3085822025 and fax the bank in slip to 03-51927601.

This is an opportunity of your lifetime, a person who has more than 30 years of experience is willing to share with you his money making technique in the stock market.

You can also check our English write up in the website at:

Mr. Wong Yee has also written six books on stock market investment. People like to address him as investment strategist.
This is the outstanding profile of Wong Yee:
Wong Yee holds The Certified Diploma in Accounting & Finance and a Diploma in Investment Analysis. He has spent 38 years doing researches in the characteristic behavior of global stock markets. He is a chartist, strategist, seminar speaker and lecturer; he has written six books on stock market analysis.
He was the first local chartist who introduced RSI (Relative Strength Indicator) in his book “The Trend Principle” in 1986.  Also, he predicted the 1987 stock market crash in an article written for Business Times, Singapore.
In his latest book “You Too Can Be Rich in stock market investment”, he reveals for the first time a secret formula which has proven an accuracy of 90% in predicting any Index or stock price targets.
Wong Yee was a dealer with UOB KayHian, a leading stock broking company in Singapore from 1982 to 2002. Currently, he is focusing on writing books and articles; he also provides consultation and trainings on stock market strategies.
Books written by Wong Yee:
1.    A Guide To Investment In Stocks And Shares (1984)
2.    The Trend Principle (1986)
3.    Charts Revolution – Stock Market Trends And Trading Principles (1988)
4.    Practical Knowledge In Shares Investment (1993)
5.    101 Ways To Avoid Making Mistakes In The Stock Market (1995)
6.    You Too Can Be Rich in stock market investment (2012)



Thursday, March 28, 2013

Wong Yee New Concept Technical Analysis course

Many investors stay out of the market because they are told that the market will drop once the PM announced the dissolution of Parliament.

Market is a zero sum game, you thought it is coming down, but it just rises out of your expectation. Only the technical analysts made money in the stock market because they study the chart and also the market psychology.

They probably made lots of money in the stocks like: Tebrau(1589), CIMB(1023), Maybank(1155), UEMland(5148),Kurasia(5097), Axiata(6888), Muhibah(5703), Zelan(2283), Skpetro(5218), IHH(5225), PChem(5183),Genting(3182), Alam(5115),LBS(5789), Mahsing(8583),Sunway(5211), Dayang(5141), Puncak(6807), MBSB(1171), POS (4634)

Wong Yee was a dealer in a leading stock broking company in Singapore for 20 years. He can tell you how to trade the Malaysian stock market and make lots of money. He can attempt to teach you how to turn the stock market into an ATM machine.

I was lucky to know him thru a recommendation of a common friend about two years ago.

Wong Yee is like a martial art expert in the Kong Fu movies. His kong fu is to be able to read the market correctly and select the right stock and enter at the right time and also exit when it
is due for profit-taking.

He likes to share his knowledge of the stock market to people who are interested to make money in the market. Report says that 90 percent of the people in the market lose money and Wong Yee like to correct that ratio so that more people can make money in the market.

Wong Yee has many students in Singapore and they use his technique to make money in the market.
He likes to use my networking in Malaysia to promote his Wong Yee Unique Stock analysis course in Malaysia so that the investors can profit from the fluctuation of the market.

He likes to find 100 students in Malaysia so that people can learn his technique and make profit in the market.

I am planning a half day course for Wong Yee on a Sunday. Any investor who is interested to upgrade his or her knowledge can SMS me(h/p 0126597910) to show your interest. This is an opportunity of your lifetime, a person who have more than 30 years of experience is willing to share with you his Wong money making technique in the stock market.

TECHNICAL ANALYSIS - NEW CONCEPT
Learning Outcome
By attending Wong Yee Technical Analysis New Concept course, participants will be able to:
1. Understand stock market psychology and the right mindset for investing.
2. Understand how stock markets work.
3. Understand the implication of a bull or bear market.
4. Apply new technical analysis concept (accuracy 90%) to analyse any Index or stock price targets.
5. Learn the trading tactics of how to maximize profits.
6. Discuss the criteria of selecting winning stocks.

Time Course Content Description
1:00 - 1:30pm Registration
1:30 - 3:00am Stock Market Psychology
1. Human Factors: Hope, Greed and Fear
2. Financial Markets and Economy
3. Movement of Stock Prices Analysis
4. Traded Volume Analysis

3:00 - 4:30pm Technical Analysis Tools

1. Fibonacci Golden Ratio
2. Interpretation of Elliott Wave Theory
3. Interpretation of Time Cycles
4. Interpretation of Trend Cycles

4:30 - 5:00pm Coffee break
5:00 - 6:00pm Technical Analysis - New Concept

1. Best Tools to Use Today
2. Ascertain Index or Stock Price Bottom
3. Ascertain the Buy signal
4. Estimation of Upside Targets
5. Implication of Tops Resistance
6. Ascertain the Sell Signal

6:00 – 7.00pm Fundamental and Technical analysis

1. Interpretation of Financial Ratios
2. Criteria of a Winning Stock
3. Case Study on Technical Analysis New Concept

Friday, March 1, 2013

Hot Stock Eden shares up on news it will build dinosaur park

Hot Stock Eden shares up on news it will build dinosaur park
Business & Markets 2013
Written by Kamarul Anw ar of theedgemalaysia.com
Friday, 01 March 2013 12:38
A + / A - / Reset

KUALA LUMPUR (Mar 1): Eden Inc Bhd emerged as one of the top actives this morning, days after it was announced the investment group is going to build a RM200 million dinosaur-themed amusement park in Malacca.

At 12:19 pm, Eden’s shares were up 1.5 sen, or 5.77%, to 27.5 sen with 3.84 million shares traded. The counter had hit a high of 28.5 sen earlier.

On Monday, Bernama reported Malacca’s Chief Minister Datuk Seri Mohd Ali Rustam announced that the state plans to build a dinosaurthemed “Jurassic Park” costing RM200 million at the 1Malaysia Square.

The park will feature hydraulic- and electronic-based models of 200 species of dinosaurs and will be built on a 12.1ha site by Eden and Yayasan Melaka. Mohd Ali said the park, which is “the first tour of its kind in Asia”, will take two years to complete. No specific date of completion was announced.

SJ Securities senior remisier Goh Kay Chong said this news might be an impetus for investors to buy Eden’s shares.

“Investors who love low-priced stocks look for this kind of news to see which companies to invest on,” he told theedgemalaysia.com.

He also added Eden is a safer company to invest on, as it already bounced from losses in FY10. Eden’s net losses in the year came to RM1.71 million on revenue of RM202.62 million.

For its financial year ended December 31, 2012 (FY12), Eden made RM11.38 million in net profit, or 3.65 sen per share, on revenue of RM91.28 million. The net profit was up by 2.82% from the previous year’s net profit of RM11.07 million on revenue of RM173.28 million.

However, Eden’s FY12 total net profit came solely from its fourth quarter, which raked in RM12.68 million in net profit. Its revenue for the period was RM15.98 million.

Eden’s food and beverage (F&B) and tourism segment contributed the lion’s share in revenue and pre-tax profit in the fourth quarter, amounting to RM10.22 million and RM7.81 million respectively. Year-on-year, the segment made RM8.68 million in revenue and RM360,000 in pre-tax profit.

In a filing to Bursa, Eden said the big jump year-on-year in its F&B and tourism segment’s revenue was because it received a
higher number of catering functions and a bigger attendance for its Underwater World Langkawi aquaria.

The higher revenue in the fourth quarter was also due to the reversal of provision in relation to entertainment duty, said Eden in the filing.

Thursday, February 14, 2013

Hot Stock: IRCB falls 6.5% after recent surge

Hot Stock: IRCB falls 6.5% after recent surge
Written by Shalini Kumar of theedgemalaysia.com
Thursday, 14 February 2013 12:16

KUALA LUMPUR (Feb 14): Shares of Integrated Rubber Corporation Bhd (IRCB) shares fell this morning, probably due to profit taking after its recent incessant climb.

At 10.41 am, IRCB was trading at 21.5 sen, down 1.5 sen or 6.5% with 5.42 million shares done. Having hit a high of 23.5 sen earlier, it was amongst the top active counters across the exchange.

“When investors are excited about the prospects of a company, they will chase after the stock. Then once the hype is over, they will take back the profits. But, this is a normal fluctuation,” said Goh Kay Chong, a senior remisier at SJ Securities.

Yesterday, IRCB share price hit a 22-month high of 23 sen, following news that the government’s Corporate Debt Restructuring Committee (CDRC) had agreed to help in its debt structure plan, and also that a new substantial shareholder had acquired more shares in the open market.

On Feb 8, IRCB told Bursa Malaysia that the CDRC had approved its application for help to mediate with its banks over defaulted loans totalling RM16.89 million.
The company also told Bursa that its substantial shareholder Lau Joo Yong had acquired a further 4.13 million shares in the company, increasing his stake to 7.57% on Jan 31, following a purchase on Jan 29.

“The latest developments in the company are injecting some optimism. If a substantial shareholder is picking up IRCB shares,it means that he has confidence in the future of this PN17 company,” said Goh.

IRCB made a cumulative net loss of RM18 million in the nine months ended Oct 31, 2012, compared to a net loss of RM17.93 million in the previous year.

Tuesday, February 12, 2013

Hot Stock IRCB rises to 21-mth high on debt restructure,share buy by substantial holder

Hot Stock IRCB rises to 21-mth high on debt restructure, share buy by
substantial holder

Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Wednesday, 13 February 2013 12:30


KUALA LUMPUR (Feb 13): Integrated Rubber Corp Bhd's (IRCB) share price advanced to 22-month high on the back of news that the government’s CDRC has agreed to help in its debt structure plan and a substantial shareholder has acquired more shares from the open market.

At 12.05 pm, the most-actively traded stock rose 22 sen or 10% to 22 sen, after rising to 23 sen earlier, on trades of 21.43 million shares.

On Feb 8, the IRCB told Bursa Malaysia that the Corporate Debt Restructuring Committee (CDRC) has approved its application for assistance to mediate with its creditor banks over loans of RM16.89 million defaulted last December.

The company is required to submit restructuring scheme which must comply with CDRC's restructuring principles for IRCB to remain under the Informal Standstill Arrangement with the bankers within 60 days from Feb 6, it added.

Also on Feb 8, IRCB informed the stock exchange that its substantial shareholder Lau Joo Yong had acquired some 4.13 million IRCB shares on Jan 31 from the open market, thus raising his stake in the rubber glove company to 7.57%.

Lau had also bought some 1.2 million IRCB shares from the open market on Jan 29.
“The latest developments in the company are injecting some optimism. If a substantial shareholder is picking up IRCB shares,it means that he has confidence in the future of this PN17 company,” said Goh Kay Chong, senior remiser at SJ Securities
Sdn Bhd.

On January 22, IRCB announced that it was facing possible winding up procedures if it failed to pay back its RM16.89 million debts to Maybank Bhd. There would be major impact on its financials and operations should the winding up proceedings be taken upon the company, it said.
But despite this bad news, its share price continued to climb from 14 sen since.

Dealers reasoned that IRCB’s recent appointment of new director Cheang Phoy Kean, who was controlling another rubber glove company before, could be the reason that the share price was not affected much.

Cheang was appointed as managing director of IRCB, following the resignation of major shareholder Tan Keng Beng, after his (Tan) family sold a 10.98% stake to Cheang via an off-market deal.
IRCB also announced earlier last month the appointments of Cheang’s son, Sean Kar Seng Cheang, as an executive director and Lim Boon Huat as a non-executive director.

Bursa Malaysia filings show that Cheang Phoy Kean emerged as a substantial shareholder in IRCB on Jan 4, following his acquisition of 65 million shares at 15 sen per share.
The Tan family has since to cut down its stake in the company further. On Feb 5, the family sold some 30 million IRCB shares via off market transaction, Bursa filings show. As a result, the family is now no longer a substantial shareholder.

IRCB made a cumulative net loss of RM18 million in the nine months ended Oct 31, 2012, compared with a net loss of RM17.93 million a year earlier.

http://www.theedgemalaysia.com/business-news/230648-hot-stock-ircb-rises-to-21-mth-high-on-debt-restructure-share-buy-by-substantial-holder.html

Wednesday, February 6, 2013

Feng shui says Snake year to bring market gains, disaster risk

The Star Online > Business Published: Thursday February 7, 2013 MYT 2:12:00 PM

Feng shui says Snake year to bring market gains, disaster risk

HONG KONG: The coming Year of the Snake will see financial markets slither higher as optimism grows, although the risk of disasters and territorial disputes in Asia also looms, say practitioners of the ancient Chinese art of feng shui.

Believers in the Chinese form of geomancy maintain the universe is made up of five elements -- earth, water, fire, wood and metal -- that define the collective mood in the world.

The Snake year starting on Feb 10 contains much fire, which brings energy, but also water, which tempers more negative fire traits.

"We will see a lot of positive energy coming and people will have more confidence in economic recovery," said feng shui master Raymond Lo, adding that a lack of the fire element led to financial woes and doomsday speculation over the last few years.

"The stock market is already going up. Even stronger fire will come in 2014, the Year of the Horse, and that means longer-term recovery could be quite substantial and will last for a few years," he said.

Global stocks climbed to their highest in nearly two years last Friday, helped by upbeat manufacturing and employment data that signaled a recovery is on track.

Lai Hon-fai, another seer in the Asian financial centre, agrees that the even more promising Year of the Horse could further boost Hong Kong's benchmark stock index, the Hang Seng.

"The Hang Seng index will reach 24,000 to 25,000 by the end of the Snake year, higher than its current level," he said. It stood at 23,214.40 on Thursday morning. Indeed, most economies have now turned a corner, although Europe may still need two more years to bottom out, said Peter So, a pony-tailed feng shui master.

"Water-related stocks will flourish, including banking, finance, trade, shipping, tourism, and even gambling shares," he said.

For those seeking housing in Hong Kong, this year could mark the start of some welcome relief in its overheated property market, which has seen residential prices hit a record high.

The coming year is the first of three fire years, with prices likely to fall - especially after this summer, So said.

SNAKES AND LEADERS On a more gloomy note, Lo, a feng shui practitioner for more than two decades, warned that disasters and territorial friction could loom. Snake years have a record of violence.

The September 11 U.S. terror attack happened in the last Year of the Snake in 2001, and the previous one in 1989 saw the June 4 crackdown on pro-democracy protesters in Beijing's Tiananmen Square.

One potential worry is tension between China and Japan, which is unlikely to be resolved in the coming year. A long-running row over islands claimed by both nations has in recent months escalated to the point where both sides have scrambled fighter jets while patrol ships shadow each other.

"It will be a troublesome situation, with more turbulence expected in the lunar months of April and October," Lai said.

One man to watch will be China's president-in-waiting Xi Jinping, who was born in 1953, a "yin water" year of the Snake like 2013.

The same combination comes every 60 years.

"Xi is a typical 'yin water' person - moderate, humble and polite," said Lo, adding that the Year of the Snake may still be a tough one for China's new leader because fire is not a good element for him.

Tuesday, January 22, 2013

Hot Stock IRCB suffers limited fall despite bad news ----------Written by Shalini Kumar of theedgemalaysia.com


Hot Stock IRCB suffers limited fall despite bad news
Business & Markets 2013
Written by Shalini Kumar of theedgemalaysia.com
Wednesday, 23 January 2013 12:43

KUALA LUMPUR (Jan 23): INTEGRATED RUBBER CORPORATION [](IRCB) Bhd, which announced yesterday that it is facing possible winding up procedures if it fails to pay back its RM16.89 million debts to Maybank Bhd, did not experience a huge sell-down.

This is despite the company saying in its statement: “There will be a significant impact on the financials and operations of IRCB Group should the winding up proceedings be taken upon the company.”

At 11.37 am, it fell by half a sen or 3.3% to 14.5 sen. Listed as one of the most active stocks in early trades, it hit a high of 15 sen and a low of 13.5 sen before settling at 14.5 sen, with 5.98 million shares done.

According to Goh Kay Chong, a senior dealer with SJ Securities, IRCB’s recent appointment of new director, Cheang Phoy Kean, could be the reason that the share price was not affected as badly as thought.

Cheang, 59, was appointed as managing director of IRCB, following the resignation of major shareholder Tan Keng Beng, after his family sold a 10.98% stake to Cheang via an off-market deal.

“The news about the recent change is probably the reason for shareholders to have some hope. It’s still a PN17 company, but this means new funds are coming in and so the company is going to be in a better position to face the situation,” he said.

Goh added, “Of course, the person (entering the company) should have already known the position of the company, so they probably have the funds to settle the debts.”

IRCB also announced earlier this month the appointments of Cheang’s son, Sean Kar Seng Cheang, as an executive director and Lim Boon Huat as a non-executive director.

Bursa Malaysia filings show that Cheang Phoy Kean emerged as a substantial shareholder in IRCB on Jan 4, following his acquisition of 65 million shares at 15 sen per share. The off-market deal was worth RM9.75 million.