In the short run market is rather irrational. A lot of investors and analysts think they can see the long run even up to 2 to 3 years ahead. Some even longer. Some say PE of 50 or 60 is fine but other see PE of 3 or 4 as bad. Some say growth is there so even PE of 100 is a buy other say future growth is capped so PE of 4 or 5 is no go. At the end of the day I think it is market sentiment that determine.
INSIDERS ARE DUMPING TO UNSUSPECTING WATER FISH (LATER TURN INTO SALTED FISH IF STILL DON'T RUN)
MADAM ONG PHOE BE 03-Sep-2021 Disposed 500 31.780 View Detail MADAM ONG PHOE BE 30-Aug-2021 Disposed 2,000 30.880 View Detail MADAM ONG PHOE BE 26-Aug-2021 Disposed 3,000 28.410 View Detail MADAM ONG PHOE BE 11-Aug-2021 Disposed 5,000 28.130 View Detail MR TEH KIM SENG 23-Jun-2021 Disposed 100,000 6.000
Will you buy GENETEC at PE=15.35 at 10 ? it is still expensive to you . SOP is cheap so you bought it. I only buy counters more than 10. I'm small fly in big counters. They won't kill me .
For your information the institutional holding of GENETEC share float on the market (outstanding share)is at the moment 94.7% and for SOP the share float taken up by institutional player at zero. Basically the share holders are by owners/directors and retail. May be with your convincing write up and funds may believe in you and coming. Let's wait and see.
Let look at the commodities price increase YTD for palm oil, steel, WTO, aluminium and copper. Palm oil 20.83% steel 32.7% WTO 45% aluminium 50.1% copper 26.3%. Looking forward palm oil price may not be as good as today likewise for others commodities. Beside, year end palm oil production will be low Nov to March, as low season kick in.
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....
gemfinder
6,880 posts
Posted by gemfinder > 2021-09-11 23:05 | Report Abuse
Y pour cild water. Those chase widetec r prepared to loss huge money. No need to wory them