yeong55BJ Corp all the way down from 1.80 to 0.49, buy and keep surely can see return.Thank you Calvin for your truly & sincere view for promoting BJ Corp. Can u please help me study and give some of your valuable comments for L & G
chanky50From its high of Rm 1.78 in April 2010 it dropped to a low of 47 sen in June 2014. On 16th October 2014 it closed at 47 sen again. It is too early to tell whether 47 sen is the base. It is sure very very cheap at 47 sen but if there is no indication that 47 sen is the bottom and that its 55 months long down trend has not ended, once the 47 sens is broken, it can go cheaper and cheaper.
chanky50In stock market one never know how low is low.
MyViewIf we are not interested in BJCorp, we should not be here wasting our time. Having differring views are ok. I read, I understand and I decide. No blame game. BTW, BJCorp do not own any share in MOLG. Yes, I believe in this stock.
I am still in Iskandar. A brief check on Land and General show it a good growth counter with single digit P/E. Its Cash position has increased. Good sign. However, its receivables also increased. If progress payment by banks should be OK. It is selling 30% Discount below NTA (Ben Graham benchmark is 30% discount minimum)
I think at 55 cents this stock can buy. Try to get it on weakness.
sunztzheTHE BULL IS KILLING OFF THE BEAR Although there is current uncertainty, gloom and perhaps pockets of doom, the stock market is already looking ahead to a global economic turnaround. Crude oil prices had receded to USD 80/barrel and maybe lower in 2015. This is good for global economic growth overall although the oil exporting countries may not be earning as much as they would have liked with oil prices above USD 100/barrel.
Although the FED had stopped QE, Europe had started to QE aggressively and that means global liquidity is not impacted much. The world will be in a benign interest rate environment for 2015 and that is good for stocks.
The Euro will weaken against USD and this will help the European exporting nations particularly Germany and this augurs well for future turnaround in European economies. European funds will flow out as Euro weakens to say 1.15 or parity with USD and some European funds will invest in emerging market equities.
The USA and maybe Europe will likely embark on infrastructure investment to replace its decaying infrastructure that it currently has. This will be the catalyst to spark a global demand for commodities.
The bull market will kickoff in late November 2014 as ECB decides on aggressive QE and the rally will continue with intermittent correction. What one ought to look out for is any credit tightening measures the FED in USA may take in the future which will have a knock on effect on the rest of the world. I do not see this happening for good part of 2015. Anyway the FED will give ample warnings before doing so.
One should be fully invested in stocks now rather than worry about another possible corrections which had just happened in first two weeks of October 2014.