Very often, when a share tends to go free fall without any significant change in Co's fundamentals while earnings have been improving, the only reason for such continuous and speedy downfall to current attractive PE of 5.5 to 6x is the result of manipulated panic sell down. If not manipulated, the price will not run down substantially amid thin volume in such a short time.
Very confident the share price will likewise recover all its previous losses very fast when things are all more certain given some time or maybe little time.
It is still too early to tell how is my wife, petronm, doing for my 2018 portfolio since it is just Q1 for 2018. How was my wife doing 2017, I know very well
Do not forget share trading is a rich man game. Rich man has an advantage. My strategy is buy more earn more. Now I had successfully brought down my 2018 entry price to a reasonably low level. Any change of tide is a change of story or outcome for my 2018 portfolio
My belief is still the same THE SADDEST THING IN SHARES TRADING IS THAT YOU HAVE NO MONEY TO BUY MORE WHEN THE PRICE IS CHEAP. Do not let it happens to you.
Good lucks
pang72:Ah seng, I hope your wife is fine? 03/04/2018 15:38
You won't become a major shareholder You will become a major winner when the tide changes No one can know when will the tide changes Everyone know it will. There is a day. That is what people said, wise man hope to do right thing. Layman hope to win tomorrow. Do it right, then you will not lose
Don't worry. Price can drop RM1 today, it can also go up RM2 tomorrow. No rule say it can not go up after it has dropped down We can make money today and also can lose money tomorrow market is fair for everyone .do not make it difficult for yourself. It is something we have to go through before we grow stronger No big issue. Take it easy. It is just a trade war between US and China. A tussle between BN and PH. Whatever it is, there is time the rain will stop rainbow will be seen again in the sky . Learn to trade. Learn to survive longer than the bad market. then everything is OK.
I always keep enough pocket money to spend for whatever I want to buy. So the price movement only tell me that I am temporarily a few figures richer or poorer at the moment.
trulyinvest: Kikikiki, halite how,many bilions,u need,to fork out to suport again. Kikiki 04/04/2018 18:06
if you think seriously, then you will agree, the price up and down everyday is not real only thing real is that petronm is no doubt a great company worth more than 18 .
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....
DrNeo
13 posts
Posted by DrNeo > 2018-03-30 13:21 | Report Abuse
Agreed with all of the above.
Very often, when a share tends to go free fall without any significant change in Co's fundamentals while earnings have been improving, the only reason for such continuous and speedy downfall to current attractive PE of 5.5 to 6x is the result of manipulated panic sell down. If not manipulated, the price will not run down substantially amid thin volume in such a short time.
Very confident the share price will likewise recover all its previous losses very fast when things are all more certain given some time or maybe little time.