Buy when everyone else is selling "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend.... Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble."
It is time to test your faith in Warren Buffet. A word of caution: Your buying strategy will determine whether you make or break.....
ks55Posted by ks55 > May 5, 2015 06:29 PM | Report Abuse X
Buy good shares cheap. That is the most important ingredient(other than reliable Directors) for successful investment.
Plenitude at 3 ringgit is not a bargain. Likewise to buy UEMS at 3 ringgit, Cresendo at 3 ringgit, E&O at 3 ringgit are not good value for money.
For next few years, property counters won't give you sterling set of results. Everybody knows about that, but this is exactly the reasons to explain why for present state of depressed property shares prices.
I love the graph share prices oscillates up and down along the intrinsic value. Buy anything below the intrinsic value constitute buying something at discount. Prices for my above mentioned counters, to me, its total land value exceeds the total market capitalization (price). As long as company won't folded up, appreciation of land price is more than enough to compensate any shortfall in earning. In this context, I already factored high inflation rate for next few years (say 6 to 10%).
Picking stocks. Does it Work? kcchongnz http://klse.i3investor.com/blogs/kcchongnz/75910.jsp
Sunkist118Wht talking lar....Tropicana already show sterling result lar
wisdomtotTime to stop going eastern and move up north!
ks55East is Japan, north is China. Do you suggest HSR should take Chinese contractor? Yes, Chinese contractor can build HSR really fast. Just imagine 10 years ago, there was no HSR in China. Now China has the most extensive HSR network in the world.