Sunday, March 21, 2010

Asia Traders & Investors Convention 2010 KLCC

Attended ATIC , 2 days convention. It is highly recommended for those newbies in share market.

The opening is exciting with the 3 times hit on the 'gong' by yang Berbahagia Dato' Yusli Mohd Yusoff, CEO of Bursa Malaysia( a tall , handsome , smiling face and humble guy), along with Nextview CEO, Mr Stephen Lai.After the 'gong' , it follow with some 'high spirit' music.
Then it follow with panel discussion with panelist Ahmad Abdullah(Executive director of Asia Analytica S/B), Mr Lee Cheng Hooi(Head of Retail Research, Equity Market, Maybank), Ms Lorraine Tan( Vice President of Equity research , Standard & Poor from Singapore) and Mr Rajiv Vijendran (Director and head of Equity capital Markets, Maybank Investment Bank who involve in Maxis, Astro, Airasia, YTL Power , Plus IPO)
Mr Mark Laudi (CEO of Investor Central, award winning journalist, broadcaster, 7 years career in CNBC Asia Pacific) is the moderator who hold the audience in interest and post valuable question to the panelist.
I get the chance to meet Singapore famous Alvin Conrad Lim , Malaysia property queen Renesial Leong, Carol Yip, Stewart Labrooy(CEO of Axis REIT), Daryl Guppy(founder of guppytraders.com , Alan Hull(creator of Hull Moving Average), Mirriam MacWIlliams (who turn USD10k to USD2million in 2 years, Fred KH Tam (1st Malaysian recipient of Master of Financial Analysis), Mr Lee Cheng Hooi (The Edge 2009 1st runner up, Senior Manager of Head of Retail Research Maybank) and many others.
Just to share what i learned from the convention

Careful of KLCI , many foresee it will be in a mark down stage(trending down) . It has done the accumulation , mark up and distribution stage.
The pattern of trading for this year should be defensive as many foresee trending down.
Pick stocks that have big cap or blue chip , govt related share , high yield , agriculture related esp palm oil, construction/property and inflation driven stock.
Govt related share eg TNB
High yield - REITS (reits stocks is well known for high dividen payout and it is the first stocks that will see improvement when the economy improves, a lot investor buy reits as hedging)
Agriculture related eg Sime Darby, IOI (outlook on palm oil is bright)
Construction/Property eg Glomac , Sunrise(Asia still booming , a lot construction still taking place)
Inflation driven is like Merc , Pfizer(but we dont have those stock in Malaysia. Those stock is inflation driven as to say the price is higher as inflation increase. Non inflation driven product eg dvd player. A dvd cost much much cheaper in times to come and even when inflation increase.
Defence stock - also cant buy in Msia as we do not manufacture any missile.
Shipping stock esp in Singapore

Then there is a lot of discounted product during the convention. Some of them are:-

Jupiter Securities offer 0% brokerage fees for a month , free 5 shares transfer.
HLG Futures also offer 5 free future trading
Conrad Alvin Lim offer discounted price of his investing course
Renesial Leong discounted property book with her signature
Next View offer free samsung hardisk and Acer laptop upon signup of one year and 2 years stock charting advisor package correspondingly

I sign up for Maybank online as it offers 0.1% brokerage fees( till june 2010) and on top of that i able earn 0.3% interest on cash deposited into my trading account.

It really an eye opening event and just with rm28 ticket for 2 days. I get my ticket free by applying online.For those who miss this opportunity , this is a yearly event and it also organize in vietnam, singapore, china , thailand , etc.
Really worth it esp with free ticket and yet you can learn some basic techniques from the well known, respected speaker, most of them are CEO. A very good exposure.
Btw , there is no hardsell inside the convention. i know most of us are being caught by hardsell in attending preview and feel very uncomfortable.It doesnt happen in the convention.
Oh ya..I dont like the food there. It is overly priced. I ate mee jawa , selling at rm5.99, tax rm 2!. End up paying rm8.99 for one regular mee jawa. The taste also nothing to be proud of. Mineral water , small bottle, 500ml selling at rm2, tax. 0.30 cents. Next time if you decided to go, remember to bring your own water or buy outside. Carefour , Tesco or Giant selling at less than rm 1! 50cts also can get .

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