Darryl Chong

589861676 | Joined since 2013-09-05

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Value Investor ( Still in progress )

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2013-09-05 16:26 | Report Abuse

Hi Hustle, thx for your reply, will take a look at it.
PS. I bought YTL Corp two years ago ( very slow movement :/ )

Stock

2013-09-05 16:09 | Report Abuse

Well thanks, but it's just my own humble opinion. I'm still considered a rookie lol.
I won't recommend to buy stocks right now, because the best timing to buy was at 2009 or 2010 after the crash. I bought most of my stocks during that time, now it's only the period to hold, not buy.

Stock

2013-09-05 15:59 | Report Abuse

I was shocked by this company on the first look, this company got very very little debt, but has been acheiving higher and higher revenue/profit from the past, also its ability at creating cash. The only thing that I concern is why they split up and issue so many stock volume ? Isn't that 900m shares @ 0.10 is too much for a mid listed company like this ? Please share your opinion.

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2013-09-05 15:51 | Report Abuse

I bought this stock @1.60, after the short fall and rise on early 2012, based on the company performance to market expectation, RM3+ seems to be a bit overvalued. For those who still insist to buy at current price level, the margin or safety is very very low ( virtually zero ), unless you have the mental guts to take on the paper loss if situation turns unfavorable in future. Must remember whenever a stock price goes up too high, it will always turn down to a more rational level.