It's unrealistic to expect a counter to go up in a straight line. Up and up every day. Take AirAsia when it rebounded from 0.90 to almost 3.00 right now. It wasn't a straight line but with quite many dips. Actually these dips are also critical - weak holders get out, to be replaced by those with more conviction. Support levels get established.
At the moment, it certainly looks like MBSB had found its bottom, AND seeking a higher level wherever that may be.
hng33...Good... everyone has his own strategy as long as make $$$$,,, allocate more funds for this stock Portfolio .... hng33...Wondering any other good stocks can look at?
Congratulate for you too. I reap faster and higher profit of 20% mainly due to capitalize on margin line, which allow capital to leverage for more than 1.2x. Therefore, together with total capital (65%) + margin line capital , portfolio capital roll over with handsome 20% increment in total capital.
With MBSB and locked profit stock today (DRB and POS) and yesterday (gamuda-WE), Portfolio finally not only meet but alrdy exceed long-awaited targeted retirement fund to enjoy early retirement life style.
Now, portfolio almost full of cash holding (>85%), still hold some stake in diversified stocks (HSL, malton, mbmr, iwcity, puncak, kps, bjcrop, ho hup, maybank, gob and knm).
I still in the midst to work up post-retirement investment portfolio, which is more risk averse and long investment style....it require sustainable, dividend yield and moderate growth potential
We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the second quarter ended 30th June 2016 on Monday, 8th August 2016 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Tq for sharing, i just decided to allocate more funds and keep invested in equity at the moment till yr end. Allocating more funds for very good value stock for portfolio, e,g MBSB which offer very good value. Yield is very low at the low interest envirnment, expecting BNM to cut rate further. Thus holding cash will be costly if cashing out MBSB... Will allocate more funds if I can hunt more good value stocks... Pls share if u hunt any good value stocks..
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....
value_invest
1,142 posts
Posted by value_invest > 2016-08-03 10:26 | Report Abuse
Preparing to allocate more funds for this... Hard to find any good and cheap stock now...