Sterling HK share dropped 90% in recent days. A man shared he bought this share a few days ago and sold at 10% of his buying price 2 days ago. He bought on the recommendation of a super investor. :-(
D&O Share price = 5.45 EPS = 6.10 PER = 86.72 Q1 2021, EPS = 2.28 Q4 2020, EPS = 2.43 EPS dropped 13% The share price of D & O continued to break new highs.
UWC Share price = 5.97 EPS = 8.23 PER = 70.47 Q1 2021, EPS = 2.09 Q4 2020, EPS = 4.95 EPS dropped 15% The share price of UWC continued to perform well and on an uptrend.
Note : The theory of the share price drops when a company reports reduced profit is not true anymore.
The theory of the share price drops when a company reports reduced profit is not true anymore ... I repeat ...
I have shown very good examples on D&O and UWC. The share price continue to break new high despite reduced profit reported.
This writer has no skill to invest in KLSE, no wonder lost a few hundred million in the last few years.
The investment scenario had changed, please open up, do not be stubborn and refused to change.
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Posted by SincereInv > 2021-08-02 17:04 | Report Abuse
Be a long term investor... don't get stress by short term events..