Last bullet already top up. Can check back previous comment..
If top up is new allocation fund.. but due to got other share selling cheap (I’m lost), so I focus accumulate another share. For Salute. Can drop below 60 sen is very very hard to get thjs price.. Last tome very hard to buy is below 0.50 sen.
Agreed Bro Mabel. I’m not a trader. I’m long term investor who buy 1-2 share annually, earn 100% then sold. Most of the time I buy company with short term problem or do major Capex.
But around 2017 I couldn’t find cheap company to invest. Then I start speculating. At 1st quite easy to earn. And I didt aware that I’m speculating. I average down to the share i speculating… I tot another 100% I can have million before age 30. So end up lost wealth in 2018. And I lose my confidence too.
But that is a great lesson. I review and adjust my risk management. Then my wealth came back again.
What you said, I can see from most of my friend behaviour. Due to “ scare” ,most people will buy sell buy sell because they think that is the faster and safety way to earn money. What they didn’t aware is, the more you buy sell, the more short term decisions you have to make in a short period of time. End up, lose money and processing fees.
My remisor’s friend who work in this line more than 10 years told me, people who end up lose money are people who always sell the share they earn a bit , then change new share. if paper lost, hold the share. End up earn little only.
Stock market is very random. Especially in short term. Most of the investor use technical , fundamental to buy sell share. Actually they use these tools to guess the short term future only.
The more short term you buy sell, the more lousy decision you make. Study deep, accumulating when people don’t want , hold for long term, then you can earn big. (long term is a mind set, not time frame)
Technical analysis most of the time i see the comment is: If break XX price then can buy, if drop the support then need to run. Actually simple said: if up then up, if down then down. My mom also can make this comment. Guessing up and down, is 50:50. Off course sure got right or wrong. When right we tot our tooth is power without aware that it is luck too.
Fundamental analysis: if the business earn more money, then share price up. Also is a guess. Most of my ffiend use fundamental, but they also cant accumulate wealth. Simple because when share price up a bit, they took profit and change to another share.
At the end, most of the tools we use, end up the decision almost same. Use them predict they short term , got profit sell, then change new share. repeat this then can earn money very fast.
No matter what tool you use, the quality investment decisions take time. Use more time to do homework, when chance come, put more capital, build a pro-folio, don’t simple take profit due to the share price up. Because you kill the goose that lays the golden eggs too early…
2013 I invested 30K in Vitrox, I took 100% profit in 1 year. I tot I’m smart. End up I lose million. This is a good lesson for me.
*Review your buy sell record. Around 8-9 friend who seek for my help regarding their poor investment result. I asked them review pass year result. Although each share is different, but They are suprice to see the same pattern keep repeat. If you not happy with the result, is time to change your investment pattern. Find the investment way that suit you with good long term result.
2）BOOK VALUE（之前是34sen-35 sen) 然后，一般情况下，一家连续亏钱的公司，CASH FLOW已经不美，应该会跌穿34 sen以下的BOOK VALUE，可是它只试过几次，而且都是恐慌时期才有。所以我主观判断市场对这个转机股是有期待的。特别是你看回每次业绩出之前都上涨，过后差不多业绩出就调整到接近BOOK VALUE 1.5.. 所以我用一半的期待来估算，也就是0.34 sen x 1.5= 51 sen范围。