~ U no BS, U r very honest, U tell truths only .... ur are not sorchai ......
~ Now I challenge u! yr previously buying price for Affin is higher than 220, if i say it wrongly, I will lose all my good luck and facing bad luck! bad in health and wealth .... if I say it correctly, I hv good luck, health and wealth ......
~ U dare to accept the challenge? if yr previously buying price for Affin is not higher than 220, u hv good luck, health and wealth ..... if yr entry price for Affin is higher than 220, u will lose all yr good luck and facing bad luck! bad in health and wealth ...
~ If u dare to accept the challenge, just say u dare to accept, that's all !
It will recover but why not sell now and buy back later at cheaper price? This way you gain more than holding on at high entry. Banking stocks are very volatile in bear market. If been through all past crash from 90s to 2000s than you will see the facts of investment
I cash out on all bank counters including maybank earlier. Not wise to hold as political environment couple with a worldwide market bear is going to stay for awhile. You must learn to cut loss and buy at bargain later
Nobody will be able to be so smart to buy a stock at the most rock bottom
The slide will always continue, after we buy in (especially if the reason we buy it is because it has declined by a lot and looking attractive). It is not something new to me
But if we get the fundamentals correct , namely , Low PER and Low PBR, the margin of safety will be huge and we will be able to not only recover, but to profit from it when things normalise
I have done this many times before , 80% of the time, it works , except for ONE situation - FRAUD (major shareholders suck money out of the company)
Other than that, buying a stock like ABMB at current level is quite safe (I don’t think we need to worry too much about fraud for this company)
Mathematics are simple. If you bought at 2.70 it takes longer time to recover and even linger time to gain profit. But what if u enter below 2? Recovery are faster and profits are much higher. Trade at your own risks
I understand that the market is bad at the moment so drop in share price is understandable, but this counter is weird in that it didnt recover or steady up at all throughout the period, while other bank eg. Cimb ambank maybank recovered to the original position before dropping again.
Don’t be pessimistic when price is down, and optimistic when price is up
Be objective, be clear minded
Latest Q EPS is 8.7 Sen
keonkx123 It just keep going down. From 2.68 all the way to 2.30... come on how is that defensive, rock bottom or steady?? Oh my god 28/02/2020 11:43 AM
keonkx123 I understand that the market is bad at the moment so drop in share price is understandable, but this counter is weird in that it didnt recover or steady up at all throughout the period, while other bank eg. Cimb ambank maybank recovered to the original position before dropping again.
That is a decent quarter. in light of a fall from 2.70 to 2.25 BEFORE any updates, it looks like a buy.. but well.. the whole world is at a brink of a recession .. tread carefully
ABMB's earnings has normalised to 8+sen level. At this EPS level, its stock price should back to ~RM4 level. The subsequent quarters should see its earnings at about current level. ABMB is obviously undervalued. If not due to present panic sentiment, ABMB's stock price should surge this afternoon. Anyway, it is a matter of sooner or later. Holding ABMB needs not worry about current panic selling.
When stocks price came down, people cry Mum cry dad, said the bank got 101 problems
But results came out proved that all these sochai got no brain
There are many reasons stock price can come down, it can be forced selling, it can be liquidation of portfolio to exit a particular market by a foreign fund due to currency concern, etc
~ U no BS, U r very honest, U tell truths only .... ur are not sorchai ......
~ Now I challenge u! yr previously buying price for Affin is higher than 220, if i say it wrongly, I will lose all my good luck and facing bad luck! bad in health and wealth .... if I say it correctly, I hv good luck, health and wealth ......
~ U dare to accept the challenge? if yr previously buying price for Affin is not higher than 220, u hv good luck, health and wealth ..... if yr entry price for Affin is higher than 220, u will lose all yr good luck and facing bad luck! bad in health and wealth ...
~ If u dare to accept the challenge, just say u dare to accept, that's all !
year on year every quarter perform worse than year before. On average every quarter perform 24% worse than year before. Yet quarter on quarter increase, cry mother cry father.
every single bank in malaysia, profit holding steady if not perform marginally better than year before.
annualized P/E 8.2 cry mother cry father once more. Just look at RHB, Full actual P/E 8.97, quarterly profit year on year for past 2 yrs has been upward trend. yet it share price has been holding steadily.
RHB with such a big franchise, and steady income growth also havent cry mother cry father, you all cry til like your mother and father will FLY along with alliance bank.
Icon calling others sochai, but i call him sohai because until today he couldnt answer when asked how did he conclude that alliance bank is undervalued.
If MYR is comparatively cheap compared to foreign currency then MORE investors should come in. Worried about MYR depreciating further? theres a thing called currency hedge.
sohai dont talk shit please.
of all things that u can mention, coronavirus, trade war, policital uncertainty...you pick currency..sohai really sohai
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....
firehawk
4,772 posts
Posted by firehawk > 2020-02-25 19:41 | Report Abuse
Icon8888 I have been through worse thing in this forum. People cursed my deceased mother and said wanted to fxxk
I am used to being cursed
By people like you
So, go ahead to hate me
20/02/2020 9:08 AM
~ Why don't you said some ppl threaten to sodomy yr father too? can draw more sympathy !