Koon Yew Yin's Blog

Author: Koon Yew Yin   |   Latest post: Sun, 18 Apr 2021, 12:09 PM


TA is more important than FA - Koon Yew Yin

Author:   |    Publish date:

The chart shows that Supermax started to climb from 80 sen when the Covid 29 pandemic began in early last year to peak at Rm 11.89 on 6 August. It shot up about 1,500 % in 8 months. But it has been dropping continuously to close at Rm 4.11 in the last 7 months.

I am ashamed to admit that I learned my most expensive lesson which is TA is more important than FA.

As an alert investor, I started to buy Supermax when the demand for medical gloves exceeded supply due to Covid 19 pandemic. But I was wrong in believing that   Supermax’s excellent profit growth rate will prevail eventually. When is eventually?

If I believed in price chart, I would have sold as soon as the price started to drop and made a lot more money.

Fortunately, I sold all my Supermax about 3 weeks ago instead of buying more at cheaper prices to average down.

WHO predicted that the Covid 19 pandemic will be under control next year due to massive vaccination, wide spread testing, wearing face masks, practice social distancing and washing hands.  

Based on the announcement by WHO, investors will continue to sell their glove stocks and their share prices will continue to drop.

Readers must ignore all my previous buy recommendations for Supermax.

Recently I received many buy recommendations especially tech stocks. The first thing I do is to look at their price charts. If they are down trending, I do not want to look at their profit growth at all. I do not want to waste my time.

All the sellers of glove stocks are using all their sale proceeds to buy tech stocks aggressively. That is why almost all of the them are selling at exceptionally high PE. This situation reminds me of 2000 when the tech stock bubble burst. Most people delayed in buying computers because they were afraid the in 2000 all the old computers would not function. So, in 2000 the sale of computers and computer chips exploded. All the tech stocks shot through the roof.

Investors must be careful.      




Share this

Related Stocks

Chart Stock Name Last Change Volume 
SUPERMX 5.44 +0.13 (2.45%) 46,864,000 

  Be the first to like this.
Bamboo Green For those have been here for more than 5 years, this statement is not unfamiliar:

skyz: to all new in i3 forum, be wary of this old conman KYY tricks, when he promotes, he is selling silently. He is famous for his twisted words and famous disclaimer - "I am not responsible for your gains/loss" etc. or those "I am obliged to inform that..." bla bla bla
04/03/2021 9:54 AM
04/03/2021 11:05 AM
Bamboo Green This old man just like Mahathir, just working damn hard to stay “alive”, long life than many I know.

May be that’s way to live long, make their own lives excited at the expense of most others
04/03/2021 11:08 AM
CharlesT Old crook never die
04/03/2021 11:34 AM
enumaelish I always wonder who the hell is professor Piot.Next time the old man should get quote from a more well known guy not some backdoor cast.I like it when the old man quote WHO which makes more sense.
04/03/2021 11:45 AM
mikeazk KYY, your previous article on 28 Feb still advising investors not to dump Supermax. But this article u said u sold supermax 3 weeks ago... How does this makes sense ? Are you deceiving people?
04/03/2021 1:13 PM
djibaok ilu balang...... pineapples....
04/03/2021 1:17 PM
LimitupLimitDown kyy y u still posting since sold superman 3 weeks ago. u read too much benjamin graham book
04/03/2021 1:26 PM
amateurJR Uncle dun be like our govt pusing sana pusing sini
04/03/2021 1:32 PM
Foker KYY deserves SC scrutiny.
04/03/2021 2:35 PM
Foker Aside from being a stock manipulator, he is a panic seller.
04/03/2021 2:36 PM
Dante5566 That old snake will get his karma when time comes and it will be served cold.
04/03/2021 2:37 PM
Stockisnotfun Sold three weeks ago still diam diam here keep asking people to buy. I know this is not buy/sell call but your integrity is truly no boundary.
04/03/2021 3:12 PM
Emperor Typo error.. not 3 weeks ago, it is 3 minutes ago.
04/03/2021 3:44 PM
enumaelish This old man like mahathir backstab all around and became the ultimate winner.He puts it 'fortunately' and there are those out there that are not so fortunate...blardy old men
04/03/2021 4:16 PM
Ken Chung KYY, you didn't tell us how much u lost from supermx. still waiting....
04/03/2021 6:47 PM
ValueInvestor888 TA is more important than FA if you are trader. Since when uncle KYY became a trader than an investor?
04/03/2021 7:06 PM
Hoho22 Uncle taking taking many kinds of medicines.
04/03/2021 7:09 PM
ValueInvestor888 Uncle always said a trader cannot make much money.
04/03/2021 7:15 PM
nozname Lol, at least he is very honest with his thoughts.
04/03/2021 8:05 PM
kelvin61 I think Geezer enjoy very much to hood winked people in believing in him and then catch them by their bxlls. Leopard cannot change their spots. He will face his KARMA when the time comes I'm sure.
04/03/2021 8:19 PM
maggiemee Sign! He sold three weeks ago? Then why recent he keeps on hard sell supermax. Old fox
04/03/2021 8:30 PM
Tryingtogetrich He is either a person of no principle or a very bad lier........ bad lier cause he kena margin call but want to appear smart by saying he sold 3 weeks ago
04/03/2021 8:42 PM
cckiong He is the worst kind of person. Pretending to care for the poor but stabbing those who trust him. Karma or karma , do your thing
04/03/2021 8:50 PM
apolloang old big bookie...hahaha
04/03/2021 8:59 PM
maggiemee He use the same trick like AT before sold all only said misled by Mr Ma. Really black heart old fox! What I said to him is true. old fox hope big boy give you a lesson
04/03/2021 9:19 PM
davidkkw79 Uncle KYY don't know TA, of course he just talk FA+ Con others newbies
04/03/2021 10:31 PM
gohkimhock regarding the AT case, I trust uncle KYY. He dodged a bullet. He made a mistake and rectified it immediately by telling the readers here.
04/03/2021 11:00 PM
stockwin If you believe what KYY say, you can believe anything. He recommended people to buy here NON STOP and yet he sold. How can he sleep at night???
04/03/2021 11:28 PM
tips888 ZZZ
05/03/2021 8:27 AM
Zuliana “Fortunately, I sold all my Supermax about 3 weeks ago instead of buying more at cheaper prices to average down.” said article above.

WHO predicted that the Covid 19 pandemic will be under control next year due to massive vaccination, wide spread testing, wearing face masks, practice social distancing and washing hands.

Based on the announcement by WHO, investors will continue to sell their glove stocks and their share prices will continue to drop.

“Readers must ignore all my previous buy recommendations for Supermax.” said article above.




Kesian to Kyy followers. Got screwed before and after Kyy announcement. Kyy is VERY NOBLE indeed. Old fox still behaves like old fox... never change old behaviours...
05/03/2021 10:27 AM
Zuliana K why why, your previous article on 28 Feb still advising investors not to dump Supermax. But this article you said you sold supermax 3 weeks ago... How does this makes sense ? Are you not deceiving people? You are very NOBLE indeed.
05/03/2021 10:30 AM
Zuliana He is a tycoon Or Typhoons bringing destructions to his followers???
05/03/2021 10:33 AM
ahbah I think kyy messed up his FA on glove stocks n that is why he concluded TA is more important than his messed up FA ?

Maybe he got to go back to school to learn up further on his FA ?
05/03/2021 10:38 AM
shareinvestment7 Con Yew Yin, how many tons of money you lost in supermax, tell us la. Haha
05/03/2021 10:43 AM
abang_misai https://klse.i3investor.com/blogs/hhe/2021-03-05-story-h1542032807-CLSA_Feng_Shui_Recommends_Selling_in_1st_Week_of_March_2021.jsp
05/03/2021 10:43 AM
cheeseburger wonder why it took him 3 weeks later to tell ppl he has sold the share...does his house not having a internet access?
So what is the purpose of this article?
05/03/2021 2:10 PM
ahbah Maybe that delay is part of his mkt art of war ?
05/03/2021 2:15 PM
ahbah Do U think kyy will reveal his secret art of making moni in the mkt ?
05/03/2021 2:18 PM
kimhaolian Hello Unker.......
U said u sold 3 weeks ago?
Last Sunday 28/2 u just post in blog so confident with Supermax rebound

[Based on PE 10, my target price is Rm 15.40 which is easily achievable.

Supermax cannot continue to drop for whatever reason. Sooner or later, it must rebound. It will shoot up very rapidly to reach my target price.

My last advice is to get ready to buy back at cheaper prices. Even if you buy at current price level, you should not be afraid because the down side risk is minimum. ]

I respect u as senior guy and old timer in stock market so personally really hope that the reality was u just cutloss Supermax but cannot lose face so claiming that u sold 3 weeks ago....
If u really sold 3 weeks ago, then I feel so pity for u, such a man who anytime going to report to God and how much u can spend the dirty money earn from tricking people before you say bye bye?
God bless....
05/03/2021 2:41 PM
Mini Bull can confirm now, he is a conman
05/03/2021 3:29 PM
Newbie1990 lol. last time said fa more important, now said ta ...
05/03/2021 4:09 PM
kimhaolian if sold 3 weeks ago i dont see any point he keep hard sell in the past 3 weeks and till 28th Feb 5 days ago still posting the last positive blog about Supermax.
I think the only thing can explain is this week he cannot tahan and cut loss then claiming he already sold 3 weeks ago, not to lose face...maybe? huhu....
05/03/2021 5:11 PM
troy88 Liar liar pants on fire KYY. Even KYY fans have to admit this man has lost his integrity.
06/03/2021 5:39 AM
Mini Bull 為什麼他這樣富有,就是踩者別人而上位的道理而已
06/03/2021 9:43 AM
khyeap You kept writing abt Supermax for the past few months and told your followers it's a great stock to invest. Suddenly, you said just forget abt what you wrote. Pity those who eagerly followed your advice. Those who trusted you and invested heavily felt like they were just thrown out from the window.
Anyway, like what the top global investment guru always mentioned, always be humble and the market is always the best teacher. Always learn from your mistakes. Hope your followers will also learned their lessons. Keep reading and learning themselves. Do not be too influenced by you, make their own stock judgment (what to buy or sell) and do not solely depend on your advice.
06/03/2021 5:53 PM
Jonathan Keung stuck with Supermax too. Not to mentioned Lousy dividend payout despite making a billion profit
06/03/2021 5:59 PM
birkincollector he obviously cut loss but wanna saves his old face so he can still influence other newbies to follow him in his next target........anyway, karma been following him religiously, he keep losing money nowadays
07/03/2021 10:50 PM
Newbie1990 Mini Bull can confirm now, he is a conman
to be fair, he is not a conman, but just a rich retailers with a lot of wrong theory

i remember after he kena in hengyuan, he said buy stock need buy growth company, means fa

then now said ta more important.
08/03/2021 1:07 PM
pekanwoohoo SC should put him in Alert list. Gives buy recommendation without license. Do your work SC.
08/03/2021 5:05 PM
1lotman https://klse.i3investor.com/blogs/koonyewyinblog/2020-10-17-story-h1534679383-How_to_be_an_extraordinary_investor_Koon_Yew_Yin.jsp

i tot dun have supermax as major stock in portfolio is just another ordinary investor???
11/03/2021 7:12 PM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

407  538  571 

Top 10 Active Counters
 MINDA 0.17+0.015 
 FOCUS 0.125-0.025 
 UCREST 0.435+0.085 
 SEDANIA 0.40+0.245 
 KEYASIC 0.175+0.025 
 SASBADI 0.205+0.05 
 DATAPRP 2.00+0.46 
 BPURI 0.095+0.005 
 MACPIE 0.08-0.01 
 MESTRON 0.34+0.03 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!