agree down is opportunity, opportunity to add some stock or averaging some counters..but picking the right stock is important..invest rm40k in a counter today..can it bring 70% return and above in 3-6-12 months time..
no problem steve, sharing is caring..so far i alredy invested in dvm and hwgb..i always buy hwgb wb at low price and sell it at 1,2 cent profit...from october last year alredy play hwgb 4 time..october 2013,february 2014,april 2014, may 2014 and august 2014..financial not good, but always got goreng so i always follow..collected it on friday and today..oh i also played in karex ca and cb..but after last 3 week sell, still thinking if want to enter karex capital again...right now consider in entering xdl, but still observing, seems like china economy will be gud again...my portfolio always 40k * 6 counter...i full time small investor only..not rich...
If you follow NG for 2 years, you made hell lots of money. If you play short term, this is sitting duck until you cannot tahan cut lost. Then others made money. I average sold some now average buy some. Long term chart shows bottoming. O&G am reserve a bit, sorry. Property yes, still ok.
johnmaster.... as I have mentioned, O&G now all very cheap... they are O&G contractors, they are not selling crude oil, they are contractors doing works like bury pipelines, extract oil, consultancy services etc.... crude oil price up or down, not much impact. Further, oil price will up surely ... oil - limited resources.
a1b2c3d4 - local O&G counters got nothing to do with oil price. They don't sell oil. Counters like ICON, Pantech, Armanda, Alam are O&G contractors. They bury the pipelines, extracting crude oil, consultancy services etc. Once they signed a contract to Oil producers like PETRONAS, the profit is already confirmed, say RM 50 million profit say 15% is confirmed. Local buyers do not really know what are all those O&G counters.
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....
travoltakeong
1,502 posts
Posted by travoltakeong > 2014-10-13 09:48 | Report Abuse
Yup......Chartist knows how high NG can go......Just Hold......6 months to one year.....