AdCoolAggresive share buyback started around end 2012 / early 2013 and the price then was above RM4. 4 shares dividends since then and now the price is RM1.29. I really have no idea on how you justify the share buyback program being able to lift the counter's price.
sayakamiyukiTemporary techincal rebound. No share buy back yet. Share price will continue to drop
ks55Do Your Investments Require Catalysts? kcchongnz
Posted by ks55 > Jul 22, 2015 11:30 PM | Report Abuse X
To predict good company to be as good in 3 years down the road may be difficult, but to foresee a company won't be performing for next three years may not be that hard.
Warren Buffet Rule 1. Not to lose money. So avoid those counters you know it would be non performer in next three years (mostly are in sunset industries).
Many industries are cyclic in nature. Hard to predict how good three years down the road. So the best is to take profit at appropriate time. Of course your exit strategy determine extent of your profit. 見好就收
What I like the most is the principle inculcated by kcchongnz, "Buy Good Share Cheap". So like it or not, you have to time your purchase. Just be patient and be discipline. I can wait for a year to start buying Parkson at 1.30 (打底), I believe many others can do the same. Buy anything cheaper than others effective put you to be in position following Warren Buffet's First Rule for Investing.
ks55I wish to make qualification here. I don't like WC. I don't agree Parkson is a good stock. I only believe Parkson is oversold for the time being, coupled with the disposal of PRA as "catalyst" as trend reversal. Punting Parkson is just to test my hypothesis what could constitute a trend reversal for a drifting counter.......