In 1980 we had the HIV & Aids. In 2009 we had the H1N1 Flu. Currently we are having the Covid 19 pandemic which is affecting everybody’s movement and almost all the listed companies. Moreover, we have our political uncertainty. Our back door PM Muhyiddin even ignored the Agong’s suggestion to reconvene Parliament as soon as possible.
Muhyiddin does not want to face a vote of no confidence in Parliament.
Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.
This situation reminds me of my experience in 1983 when China gave notice to the British Government to recover the sovereignty of Hong Kong which caused the Hang Seng index to plunge below 1,000. I took the buying opportunity to make a killing.
Using the same investment logic, yesterday RHB bought 745,000 Leon Fuat for me. You can call 05-2493279 to confirm my purchase. Today HLIB bought for me 565,000 Leon Fuat for me. You can call 05-2559110 to confirm my purchase.
Yesterday Leon Fuat closed at 98.5 sen. Its latest quarter EPS was 11.65 sen. Even if I assumed its next 3 quarter is the same, its annual EPS will be 4 X 11.65 equal 46.6 sen. It is selling at PE 2.
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KYY, u seu pei la.. Don't give this kind of misleading PE ratio to mislead new investors AGAIN..
All of us know steel counters are cyclical stock and looking at PE alone is = suicide. You should know this as you are so long at stock market already & yet you still wanna confuse people with low PE = good buying oppurtunity.
Your intention is very clear--> Wanna let other people to chase high so that you can dump your shares to them.. You're already 80++, come one. do more charity works and stop confusing peoples.
2021-06-25 12:38
Technically, a double top formed, pulling back fr the top, now below 20 & 50MA & is on a downtrend. This is suicide.
2021-06-25 13:25
prospectively interesting no doubt, but entering the fray with big holders on margins is unmanageable risk.
2021-06-25 15:40
Geezer is not an ethical person. He has repeatedly told fairy tale stories here and got away in the past. Now traders are smarter and can see his bullshit. In fact, there's plenty of shares trading at single digit PE in the market now. So, which one to buy leh???
2021-06-25 16:08
the Management itself is cautious of the outlook... but uncle is so optimistic
2021-06-26 07:32
Besides Leon Fuat, Astino released great QR too, if uncle KYY's prediction is right, then we are on our way to the moon! If it is wrong, rugi a bit je, since recovery theme is in place and construction post-covid should be greater than during covid. Worth the risk, but bet accordingly to your appetite, as long as it doesn't exceed 20% of your total portfolio in one counter, should be decent.
2021-06-26 09:30
Same tricks use over and over again. So rich already, just can't understand why is he still playing such glaringly unethical act!
2021-06-27 10:56
He bought a lot at very low, now asking you all to push for him to cash out.
2021-06-27 11:00
Now CCP vaccine attack will drag us down. We are no.12 in the world now in terms of confirmed cases.
2021-06-27 11:15
All metal stocks ... veri chip, come onli once in a BLUE MOON !
Pick up some before they are gone forever !
2021-06-27 19:43
milosh
and how TOMEI?
2021-06-25 10:47