The steel sector has been oversold based on Trump's factor.Do they sell to the US? For Huaan, China's burgeoning infrastructure will be enough to sustain its domestic supply and thereby contribute to its continued growth.
This trade war is not the first and it will not be the last and each time China win. The steel trade war started more than 10 years ago with Bush and again with Obama and now Trump, so what! China mutch more clever and this is why it started a huge initiative to support it domestic economy by starting a hige project whitch will required alot of steel for equipments, rail rode, cars, etc...
u can't be compared to super investors la dompet,u just a normal investor with limited funds in the market,u don't really have the ability to move market
I never said I was a super investor...and the ability to move markets was never my objective. Some ppl like KYY think they can move markets & make killings just because they hv millions but even China's CIC(in Noble), SG's Temasek(in NOL, Hyflux, oil stocks)) & our EPF(in Sapura Energy) with their billions can lose horrifying amounts even though technically they can 'move' many stocks
When almost everything is weak like now, emotions take over & ppl who rationally bought in the high 50s based on earnings now irrationally want to sell because they don't want to be 'stuck' with paper losses in case it drops to the 40s.
When I started buying @ 15c in '14, I had already done my homework & did not feel scared when it dropped to 12, then 10, then 9 etc...when the bad news was flowing constantly in '15-'16 and the price broke 8c, then 6c, then 4c...I was surprised but bought more & more because I knew the co. had a clean balance sheet and a legit biz, with the royal family's 30% stake serving as a check on the 'China' connection of the co.
At 3-3.5c I 'saw' certain things which ppl didn't pay attention to & bought the largest amounts ever @ 3.5c(twice) and then 4.5c.
n the stockmarket, speculate/gamble less, invest (a very tiring & disciplined process) more and you'll have a high chance of winning & making the market feed u instead of the other way around : I fully agree with you bro Dom
U must not take yourself as example , u bought it at 10-20cts last time , of course u can afford to drop even until 30cts still Make profit , just imagine most of us here bought at 55cts above , our money is hard earn money .
no worries ratman,its just temporary setback,the market is for the brave n bold. the most important thing is after buying are u happy n do u believe that this stock will reach great heights or not
just keep it as nothing wrong with the company,not loss making company don't let syndicate take over your emotions on a red Sea market.its like storm in the market now best is to stay in n let the storm pass
Market facing global retreat, nothing to do with Huaan, unfortunatly, bursa opperators are taking advantage of creating fear pushing small and weak investors to trade, moostly selling, again i think it is a great opportunity for the brave investors to buy at low, keep toping up as the market can at any time reverse sell to buy..
market noises r everywhere when there is a storm.when u hold a fundamental stock,its not going to stay down for a long time n this a cyclical stock where it still has many legs to run
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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....
FlowerhornKing66
251 posts
Posted by FlowerhornKing66 > 2018-03-05 08:57 | Report Abuse
today will be a rebound for huaan,hold tight for better outlook for 2018