i must thank to whom it may concern, now got personal sampah collector, to clean up my litter after me, so i not worry leave sampah in cyber space, earn merit points..hahaha
Gd mrg. Ivk204, There are a lot of undervalued stocks now. If u have followed the i3 forum everyday ppl are recommending this stocks here and that stocks there. Out of so many stocks, it is best you pick your own based on your risk appetite and criteria. Class 1. The higher the risk = the higher the return or loss " 2. The lower the risk = the lower the return or loss " 3. No risk = no return or no loss Out of the 3 above the worst are the ppl who are in class 3 (these are the ppl who usually put their money in fixed deposit). But fixed deposit interest is less then the inflation rate so their return is infact "0" if not losing. Even fixed deposit also carry some risks. There is a saying dead ppl do take any risk! Everyday we are facing risks. The only difference is how we manage risks!! To manage them we must first learn how much is our risk appetite or tolerance. Say from 1 to 100 which class do you belong? Every stock picks you will have risks. You must quantify the risks and manage them accordingly to your risk tolerance. In the recent sell down most stocks are already at the bottom or oversold. Investors are spoilt for choices. There is always a need to correctly time your entry for e.g. LCTITAN is undervalued stock but the price had gone up a bit so it may not a good entry level at this price cf to MULPHA or LIHEN. Learn also when to take profit for every investment decision you take. Just as a suggestion, not a recommendation for you to follow what I liked. I like HY and PETRONM. They have just broken out from their support levels and are going to move upwards. They will move up due to following reasons. Good fundaments. Oversold mostly due to fear and poor macroeconomic performance. Following big market corrections is always a good opportunity to enter. Markets will always move up after big corrections, esp O&G counters where oil price is relatively stable or moving upwards. Lastly, there is an impending election. Of course, there are always ppl who will disagree with me but it normal to have a different opinion. Whatever opinions ppl give also choose the one you like most. Good luck and good fortune!!!
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....
CharlesT
14,976 posts
Posted by CharlesT > 2018-03-09 21:07 | Report Abuse
Should be happy lah (maybe diam diam happy) when there is selldown...
I admit i enjoy seeing so many counters hitting new low everyday..Chong Peng u r not alone