Whoever you are sir , hengyuan PE is low and it’s good start to buy during the dip and keep long term ..: not particularly interested Gkent, but I prefer Sendai as it’s seems turnaround to profit .. would like to introduce hibiscus petroleum .. like air Asia but with oil price going up will eat in their margin ... wish you happy trading ..
good buy on hengyuan. hengyuan profit highly depend on the crack spreed and less depend on oil price. I would recommend you to read davidtslim articles in i3 for more insight.
I do not like Airasia and Sendai, I feel that the indian boss like to talk big (maybe is my misconception). I would like to recommend Johotin to you, growing business, price drop to near new low creates attractive entry price now.
So you have spent all your 20k. What happen if all these shares drop 5%, 10%? Do you intend to pump in more to average down? Or you just follow cpteh cut loss? Or do you just stop and stare without further action?
Need to formulate your buying and exit strategy. You have decided to invest in stock market. What is your objective? Clearly define if it is meant for wealth accumulation (believe no point as you have retired), or for some thrill/ pass time and the same time look for some pocket money?
Don't gamble away your hard saved nesteggs. Market is not forgiving regardless whether you are highly qualified academically or otherwise. Forget about your profession you were engaged in prior to retirement, unless you have been in capital market (very unlikely). Doctors and engineers not necessarily can make good and wise decision in share market. In bear market, even accountants with CA/CPA also lose like nobody's business.
I also checked out Vitrox. Somehow I am not attracted to any company linked to semiconductor...I think the industry is volatile and too price sensitive...
Misbehaviour....Indeed, after reading about Johore Tin...I am impressed...their financial standing is good...and their products will be resilient to inflations...just pass down the cost to their customers I supposed. One to watch and tomorrow I will pick up some stocks.
I will continue to inject fund as and when i need to. Mainly will be driven when good opportunities avail themselves. Also, I like to average down, to a limit.
My objectives are - to occupy my time with activities which stimulate my brain. I am now an avid reader of companies' annual report, especially companies recommended to me by commenters here.
No I am not a gambler - so I will try as much as possible to stick to the INVESTOR characteristics; buy based on good fundamentals.
The correct procedure to invest in stock market is as follows :- Correct way !! Learn your special skill before you buy any stock. Learn some basic TA and FA, do your homework before you buy any stock.
Wrong way !! Buy into stock first before you learn any skill. I think you need to pay school fee before you can make money.
Hopefully, I won't be so wrong...and has some right. Suggestions and feedback from commenters are useful, and I do read quite a bit...
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Posted by Equityengineer > 2017-12-14 11:00 | Report Abuse
Whoever you are sir , hengyuan PE is low and it’s good start to buy during the dip and keep long term ..: not particularly interested Gkent, but I prefer Sendai as it’s seems turnaround to profit .. would like to introduce hibiscus petroleum .. like air Asia but with oil price going up will eat in their margin ... wish you happy trading ..