UPDATED ARTICLE 2: Do you know the First Page of KLSE Stocks consist of Penny Stocks/Small Caps?

Dear All,

On 2nd of February, we have shared on the Penny Stocks traded 1st page of KLSE (most active/highest volume). Let's see hows it fairs:

                  

                   2nd Feb    24 Feb  Up/Down    Remark

Asia Bio :   0.245        0.13     (47%)          - Latest 3 Financial Year End (FYE) in RED

DNEX    :   0.325        0.31     (4.6%)        - Latest 2 FYE in RED

DUFU    :   0.405        0.35     (13.6%)       - Latest 3 FYE in RED

Etitech    :  0.065        0.075     15.4%        - Latest 2 FYE in RED

HOVID  :  0.405         0.445      9.8%         - Latest 3 FYE in GREEN (HEALTHY)    

IRIS       :  0.34           0.335    (1.5%)        - Latest 5 FYE in GREEN (NO STRONG CATALYSTS)

KNM      :  0.595        0.69       16%           - Latest 2 FYE in GREEN

PENTA  : 0.495         0.505      (2%)          - Latest FYE in Green, RED the year before 

Takaso   : 0.60           0.50        (16.7%)     - Latest 5 FYE in RED

TMS      : 0.065         0.06        (7.7%)       - Latest 5 FYE in RED

Basically if I trade the counters with LATEST FYE in RED, I will be making profits on Eitiech.

1 profit trade VS Total 6 Trades: 1/6 X 100 = Winning Percentage Ratio is at staggering low of 16.67%

Average Profit/Loss of total 6 FYE RED counters:

[(47%) + (4.6%) + (13.6%) + 15.4% + (16.7%) + (7.7%) ] / 6

= (74.2)/6

= (12.4%) loss in 3 weeks 

If you use the only FYE GREEN counters to trade, perhaps the ratio works differently? 

Disclaimer and Declaration

The full content of the article is for educational purposes only and should not be used as investment recommendations. We are not responsible for all investment activities conducted by the participants and cannot be held liable for any investment loss. Examples of specific shares may be citied for illustration purposes.

Regards,

Humble Pie