I dont want anybody to buy my stocks because i say so, but only because they themselves got research properly and like it at that valuations themselves.
My comments there should give you a fairly decent path at doing your own valuation.
if petron 25-30% upside is insufficient for some investors then good luck. some stocks may seem to offer much higher upside but sometimes it may be wise to ask yourself why they are so undervalued, chances are most of them are value trap. if you have invested long enough you will know that net asset play is one of the worst methods of investment, especially when shareholder activism is so low in Malaysia
15% or more already hard to come by nowadays in Bursa, still greedy for more ? Yet, Petronm has so far been able to perform so well and just give it a little time you will see an explosive surge to prove you are wrong to let go this counter !
tomorrow msci start covering, today activities look like last week trend before surging. If tomorrow breakout will be a huge one. Buy before its too late.
It is not the upside that matter. It is the expected value that takes into account the magnitude of both upside and downside that counts. Looking at upside is exciting, while the focus on not losing money is boring and dull. But it is the dull, of not losing money, that enable compounding. Talking about sensationalism.
Jay ; if petron 25-30% upside is insufficient for some investors then good luck. some stocks may seem to offer much higher upside but sometimes it may be wise to ask yourself why they are so undervalued, chances are most of them are value trap. if you have invested long enough you will know that net asset play is one of the worst methods of investment, especially when shareholder activism is so low in Malaysia
well said Jay, petronm still has at least 20-30% upside, many a time we get more than we have expected. Jon Choivo is another name of Calvin, only look at book value , nothing else .
if u telling me... the company wit huge debt... qtr result uncertain... share price drop... u dare not buy as things not transparent enuf for u to make decision to buy i can understand... but for petronm is not the case.... lol
Creating fear is the most commonly used technique by operator to flush the holders.
But remember, operator has no control over the company's performance. And FCF is still growing strong for Petronm.
Operator is in fact more fear than most smart and calm investors in losing their holdings if they press the price too far down. Meaning they have to quickly pull the price up as soon as the price goes too low.
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....
Jon Choivo
3,668 posts
Posted by Jon Choivo > 2017-11-28 16:10 | Report Abuse
Anyway, good luck with petronm everyone. Go up also not bad, i still got some shares, can make some money.
If drop also never mind, drop low enough, i can buy more.