For all that I can see, fundamental is still intact. But what I underestimated is the magnitude of sell down. So I think like what Lionel said, we'd better be prudent in our investment strategy. We can only "see" the fundamentals and technical, we are unable to "decide" the price.
Well, I will buy in batches until 29/11 to lower average price, plus the harvesting result is gradually improving, I am expecting a rebound unless EPF want this counter becomes undervalue.
Thank you for the special mention Sardin which I don't deserve compared to the great insights of all the gurus here. Learned so much from you guys. Most importantly is fundamentals are intact as you rightly said. If one has the money, should take advantage of the EPF selling. God sent. Beat them at their own game. Cheers.
cause I learned the lesson last year, after Ex-date, share price keep on going up in Dec until RM1 dividend declaration T.T
Since EPF make the price so attractive and the probability of Q4 result is great, I might as well get the 80 sen plus the Feb 2024 dividend and capital gain if possible.
JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan
EPF sell until not a substantial holder already. So not able to know if they continue selling. Likely today will close at 17.00. Should I top up today or tomorrow?
Don't over stress yourself. Don't be like the greedy snake want to swallow the elephant. Measure your stomach and just take the portion that you feel comfortable with.
I think not much left to sell... obviously they planned to sell before the ex-date, not after. Even if they continue to sell some after ex-date, that would be negligible compares to before ex-date. Their plan is becoming clearer.
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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....
Sardin
824 posts
Posted by Sardin > 2023-11-27 16:58 | Report Abuse
EPF's target price 16.00 🙄. KClow take as much as you want now.