I would like to see i3lurker and Philip stock picked for this contest. The last time picked of i3lurker Gdex vs Philip Star media should not be counted as i knew i3lurker is trying to be funny/sarcastic with his Gdex picked
Dear3iii, You are a very lucky man having spare saving to invest in stock market during the early year where Malaysia economy is growing at a faster pact. Thus you way of holdng good company stock for decade (never sold) is right because your cost is very low.
I am not so lucky as I spend my fist 30 years of my working life to advance my carrer so that I can have a Family, a House, two cars and giving my 3 children the best education they can have.
Only during this past 6-7 years where I have spare saving to invest in stock matket as the FD rate is very low.
My fist mistake is believing Bursa, SC, External auditor, independant directors are there to protect minority shareholders rights and I lose some sum in Xingquan.
Since then my priority on stock investment is to be save (value trap) and earned dividend more than FD rate and hopefully share price appreciation. This is how I end up with Insas 50% of my portfolio.
I am working hard during Insas AGM to know the BOD, management team, business direction and to get a better dividend.
I do not understand why you and Philip keep talking bad about Insas BOD, Management, Business when you had not even attend any Insas AGM and get to know the BOD and Management team while I have. (I can only speculate both of mean good and care for my wellfare).
My only objection to your both hold (good company) and never sell cannot be universally applie in current Malaysia stock market. I am trying to suggest you need to minitor you stock closely based on supply (new competitors) and demand economic/war/pandamic that will surely be a important factor in the share price movement.
Hence timing of purchase and sell is very relavant and important in current market.
Point in case: If Philip had sold his Pchem at RM10 and then time his repuchase opportunity, he will at a higher level thinking and doing very well. Instead of hold long long.
By the way since UlarSawa suggest your PBB vs my Insas in this friendly and fair/fun contest I just accepted his invitation.
If you wish to withdraw, you need to get UlarSawa consent.
You just need to monitor above link on commodities price trend of Methanol, Urea, Polyethylene, Polypropylene and Polyvinyl to know a very bad quarterly earning is coming
Ular only thrives in mayhem counters la,you think he so free to promote your blog ka?Every forum ular went to,the related stock was in mayhem eg topglove,hengyuan etc.
For one who is financially free, his investing time horizon is many decades. Let me explain: the remainder of his investing lifetime + those of his beneficiaries.
Repost: Posted by Sslee > Jun 17, 2023 7:23 AM | Report Abuse X
Cordially invite i3lurker the most blunt and controversial i3commentator who often insults, wisecracks and trash talk other people stock to Sslee 6 months, 12 months, 18 months ROI contest just for the fun of it.
Hoho in HRC competition , objective is to prevent those Horse Back Cannon talkers , Mike is in the competition, when someone said Referee cannot be in the competition, Mike said Ular can be the Referee.
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Sslee
5,915 posts
Posted by Sslee > 2023-06-16 09:20 | Report Abuse
UlarSawa for your follow up action