Its just small fluctuation only. Even the japan deflation and stagflation took only 25 years to recover, this is nowhere near as bad.
Worse case, this will last 10-15 years.
Drop or stay the same till elections, then BN win, short spurt, before drop back cause BN is lapsap. If pakatan win, drop like siao, then stay down then go back up.
Then interest rates around the world slowly go up, making stock prices stay down.
The as interest rate reach certain level. People dont want to do all these stupid startup thing. They all want pull out money. Sentiment affects market, stay down.
Then BOJ, BOC, FR, ECB all want unwind balance sheet. Simi market crash.
BOJ BOC FR and ECB buy back but no change, siao liao. Panic, nobody dare put in money.
And the people think world economy going to end.
Stay that way for 2-4 years. Everyone takut, cause all the stimulus method like no stimulate. AI like no help for economy also.
The suddenly market go up a bit, people feel brave, one buy all buy, fly back up.
10-15 years loh. Ok can wait. Just keep buying if i think cheap.
Mr Halite - I've been as investor/speculator on Bursa for more than 2 decades. Whilst your intentions are good and you seem to speak from the heart, it's my observation on numerous occasions that it's best to humble oneself and not to count the chickens before they hatch.
please kindly enlighten me the follow 1. in which occasion i did not exercise the virtue of being humble ? 2. do you consider the example or calculation i use to illustrate the strategy "buy more earn more " is an act of counting the chickens before they hatch that will bring bad lucks.
why ?
you comments have confused me. I do not know what you are up to ?
Posted by sheldon > Mar 5, 2018 04:27 PM | Report Abuse
Mr Halite - I've been as investor/speculator on Bursa for more than 2 decades. Whilst your intentions are good and you seem to speak from the heart, it's my observation on numerous occasions that it's best to humble oneself and not to count the chickens before they hatch.
That's bad luck.
Posted by Halite > Mar 5, 2018 12:15 PM | Report Abuse X
why I said buy more earn more
let say you intend to buy 10k share at 12 and hope to make a 30% return people want to sell you cheap so you buy more and more slowly at the end you collected 20k shares and the cost is reduced to 11 later if you able to sell all your holding at a 30% return at a lower TP what is final result 12 x10000shares = RM120,000 120,000 x 30% = 36,000
so you gain 30,000 more than you have wanted initially
you can always win more if you can survive longer than the market but the main criteria is you have chosen the right stock to play
what happen if the market proves you wrong later then, tell yourself , this is the amount you owed the winner in your previous life now you pay back . no more debt after this and your luck will come.
there is nobody spreading misleading information to create fear in this forum
what i have observed is a consensus or like-mindedness that Petronm is a good buy , oversold ,cheap to buy now and many waiting to collect more at a lower price .
petronm is a good buy for long term now selling cheap the management is efficient the business is doing well hundred millions ringgit of free cash, no borrowing ,revenue improving YoY, earning improving YoY, better dividend YoY, recently the CEO has revealed that there is a plan to bring the company to the next higher level of growth. this expansion plan when announce later can be the "wow" factor or the catalyst that will drive the price shy high.
so good !!!!
i work so hard everyday to provide you the right information I work so hard everyday to stop those "busuk hati" people to spread fear and misleading information and you scold me "babi".
you are very ungrateful person
if you think what I am sharing is not right , then correct me lah....
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 > 2018-03-05 14:51 | Report Abuse
You can live till 90.
That is 40 more years.
Posted by Outliar > Mar 5, 2018 02:13 PM | Report Abuse
@JonChoivo That's because you're young, what about other people who are in their 50's?