this counter is now in disposing stage. Stay away and wait until it stabilized at lower point. Smart ppl will not buy at its peak. To earn money, you need to buy low and sell high, not buy high and sell low.
Well I am not too sure. For me, VITROX is currently way overvalued. VITROX currently has P/E of a high 38 while APPLE has P/E less than 20. If you guys think Vitrox is a better company than APPLE, then please hold. Even FACEBOOK has P/E of only 26
Asking ppl to stay away is a sincere advise not to chase high. I commented it at 6.40 this price. What’s the big deal to earn 1.00 by taking so high risks? When I call buy 5.50, where were you? Earning 90 cents in less than 7 days, what do you expect ?
In a way I have to agree with sincere_analyst. P/E of 39 is way too high. Even when compared to Penta as mentioned by newbie8080, Penta P/E is only 25. Anyway I bought Vitrox when it is still rm4 back then so all good to me. Jst trade with care guys. Rmb what Warren Buffet says "Be greedy when the markets are fearful but be careful when the markets are greedy."
Stock market is like that. You say overvalued it continues to rise for u to see. Because if no one is selling but many people want to buy, how the share price remain at fair value? The bubble only burst when reality check happens.
Look at sincere_analyst,such a sore loser who sell VITROX at early.You must know that this kind of stocks will not follow P/E only,people buy before the result.
What I want to say to sincere_analyst is stop promoting stocks everywhere and mislead people.You are not that good,neither am I.Let’s learn with a humble heart,not boost
When ppl comparing P/E for Vitrox with Amazon and nVidia it almost make me laugh. Amazon is the world's largest e-commerce store/retailer while nVidia is one of the world's largest tech companies hence the high P/E. I don't think Vitrox is in the same league as them plus they are not even in the same industry. Anyway at the end of the day, it s your money. Trade with care
everytime when RHB upgrade the TP, i will just dump and book flight ticket for my sweet vacation. This stock basically is finish and will continue to drop below $7 for first stage. will revisit and see what happen next.
Amazon is the cream of the crop of US tech services stock. Nvidia is US's rarest gem. But don't forget Vitrox is Malaysia's ATE leader. Hence high PE for Vitrox is justified in Bursa. Inari is Malaysia's overall tech leader. High PE also justified. Conclusion: If you're the best, you can be what you want. Ask Messi & Ronaldo.
Forgot to add, Nestle is Malaysia's most formidable stock. Hence high PE is also justified. If you like, you can goreng it to RM200, I bet nobody will want to sell because of 'high PE'.
Well INARI and PENTA P/E is around 27-28 which is justified. VITROX P/E 40? I guess it is common in this forum when VITROX keeps dropping to around rm5, everyone is quiet. When it shoots up to rm7 suddenly you have all this sifus coming. Well you said yourself "if you can goreng", I prefer to stay away from "goreng" stock and stick to solid undervalued company. "goreng" stock will burn you eventually. Anyway my cost for VITROX is rm4 so either way I am still winning. I am just sharing my opinion to all new investors who wanna jump to this wagon. Peace :)
good one witan. don't bother other black heart forummer, they sweet coat this counter for noob to push up for them. Glad to know you are as sincere as me. hard to find.
those who say 8.00 coming, where are you now? don't disappear la, come out don't play hide and seek. Don't just attack me for being sincere and helping smart retailer not to push up the price and then stay in presidential suite.
When can buy at 5.50, why didn't you jump out and ask ppl to buy? only me dare to come out and recommend this stock at 5.50. Really cannot brain what is the logic behind.
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....
Upup168
487 posts
Posted by Upup168 > 2018-08-16 14:03 | Report Abuse
careful, will retest low of 7.04