Coronavirus epidemic will affect investors' sentiment. Ever since the Coronavirus epidemic flu started a few weeks ago, almost all the stock markets around the world have been depressed.
The US stock market Dow Jones dropped 603 points on the last trading day. Most investors are fearful that the epidemic will continue and kill more and more people. You can see that the KLCI has been dropping as shown in the FBM-KLCI index chartbelow.
Even Mr Ooi Teik Bee sent out his weekly report to advise his subscribers to sell now. He sold his Carimin to cut loss. Unfortunately, many investors bought Cariminaggressively on 24 Nov 2019 when he had circulated his weekly report recommending Carimin with his target price of Rm 1.52. The Carimin Price Chart below tells the whole story.
All investors must ask themselves the following questions:
1 how can you make money when you bought Carimin at much higher prices when Mr Ooi Teik Bee advises all his subscribers to buy?
2 Why should you sell when everyone is selling so aggressively to depress the share price?
3How can you make money if you do not take advantage of this is a good buying opportunity?
Calvin comments:
Uncle Koon is correct!
This is not the time to panic sell
Coronavirus fear has very little to do with Malaysia as it will be contained within China, especially Wuhan
And "THIS TOO WILL PAST" famous phrase quoted by GREAT CHAMPION SIFU DR NEOH SOON KEAN
Share prices will then rebound to its Fair Value from FEAR SELLING
SO THOSE WHO DARE TO BUY NOW WILL DO VERY WELL LATER
Now Uncle should respect Sifu OTB decision. Make or break is his and his subscribers decision
Don't always belittle people though you are already rich
Learn to know that A MAN CAN RECEIVE NOTHING UNLESS IT IS GIVEN TO HIM FROM ABOVE (John 3:27)
New International Version To this John replied, "A person can receive only what is given them from heaven.
New Living Translation John replied, “No one can receive anything unless God gives it from heaven.
English Standard Version John answered, “A person cannot receive even one thing unless it is given him from heaven.
Berean Study Bible John replied, “A man can receive only what is given him from heaven.
Berean Literal Bible John answered and said, "A man is able to receive not one thing if it is not given to him from heaven.
New American Standard Bible John answered and said, "A man can receive nothing unless it has been given him from heaven.
New King James Version John answered and said, “A man can receive nothing unless it has been given to him from heaven.
King James Bible John answered and said, A man can receive nothing, except it be given him from heaven.
ONE THING CALVIN MUST SAY THANK YOU TO UNCLE KOON
I HAVE BEEN EATING PINEAPPLE AT YOUR ADVISE
TYVM
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casinos always win because casinoes just collect a fee.
same with stock market...........
with stock market analysts and sifus....they no need leadership skill, no need to take risks, just say only can make money already..............in fact, don't even need morals or ethics....................
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excelyou
good
2020-02-03 12:26