Think of it this way shinado. You still make a whooping 109.3% & 5.6% regardless and not a loss - even if you fell in love with your stock, a common syndrome we all have. That's not bad an investment I'd say, not bad at all. By the way, I recalled in Cold Eye's book he mentioned, cyclical stocks can also be a good investment, provided if you know WHEN TO BUY.
Hi Galvin Wong, I think I will pass on Aemulus. It is fairly new listed company and the latest Q report shows a loss. I will give it a few years before I even consider it. I usually go for companies already listed for at least 5 years just to be safe.
As for the property sector, I expect it will remain subdued especially in the Klang Valley. In my personal opinion, companies that build affordable houses will stand to gain more compared to others as the demand for these houses remain strong. The only problem will be the loan rejection rate, in which I read from an article is quite high in Klang Valley.
So, if you are really looking to invest in the property sector, perhaps look for companies that build affordable houses. I have one in my portfolio, Huayang, although it is more for dividend play (DY 7%).
nearownkira, actually reason no.1 was not there when I buy. Ringgit was much stronger back then. But I agree reason 2 & 3 already exist then. Back then, I thought Teo Seng's profit will not be highly affected by the local egg prices as they also export to Singapore market. It was some time after I bought that I realized their export accounts only roughly 30% of their egg production while the rest goes to the local market.
You can say that it's a learning process for me. I should have done more extensive research before consider buying in the first place.
@jamesliew, technically I didn't buy jobstreet in the market at 1.35. Rather, that is the price traded after the special dividend payback to shareholders. 27cents per share ex dividend and adjusted to consolidation of 5 shares to 1, the price is 1.35. Why do I consider it as cost instead of 'free'? Because I could have sold the shares at 27 cents higher in the market pre ex-dividend. That can be considered as a cost to me.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2016-02-23 23:06 | Report Abuse
such a wonderful portfolio and profits u hv!