This one of the counter we shld eye....especially when the whole market falls and this stocks fall....then is opportunity to buy. It will bounced back very fast....when market recover. Agree or not??
I am holding...... bought at 6.28 (ex-dividend) after sold at 6.69 (cum-dividend 15 sen) in less than 2 weeks.
Most of the time, investor double or increase the investment on a winning bet but I try not to do so because if caught on a down trend, I can average down instead of get caught at a high price. Of course, I learnt from mistake.
Bursa may lack of number of financial instrument to be traded, but if you observed the value traded in past month (more than RM1B) daily and couple with few mega ipo, Bursa cannot be laggard compared to sgx
I think what Bursa is lacking is the marketing of the bourse..... SGX may be small, but it is almost known to punters globally..... ask them about Bursa, and probably they would have to pause for a while.... sigh!!
BURSA ...A SUPER GEMS....HISTORICALLY BURSA TRADING AT PE BTW 22 TO 36....AT CURRENT PRICE, BURSA TRADING AT FORWARD PE OF 22 WHICH IS SAME LEVEL AS MARCH 2009...SO BURSA OFFER TREMENDOUS UPSIDE.
This one can makan twice:-) Never expected to be able to buy it again at the same price but it went back to that last Monday. I owe you one here, Tony. No, *two*. Helps cover the paper losses from one big loser - Apple C6. Now hoping will also be able to makan again with recent winners which later came down - TM-CU and Gamuda-CX.
Hope you and others will help give the heads up should you spot hidden gems like this one. You know, the ones with very reasonable premiums, long expiry, not too far from the ex. price and the mother having potential to go on an upswing based on previous record. Often, we are let down by our prejudice in that we'd only look at "favourites" and not give much attention to others. It's like that with me - I had NEVER cared about Bursa... until you mentioned it. Only then did I look at it more objectively.
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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....
stockoperator2882
631 posts
Posted by stockoperator2882 > 2011-11-29 16:18 | Report Abuse
hating this counter. dividends payout do not justify the fall below 7 ringgit...