speakup is speakup. stockraider is stockraider. if u believe speakup is stockraider, u will also believe speakup is OTB or Calvin or maybe even Tan Teng Boo or Warren Buffet. LOL!
Someone offers to buy your business in 2018. The buyer offers you for RM0.80 for every RM2.49 assets you have in business. You replied this is ridiculous!
You held on it 2024. Now the buyer is offering you RM1.27 for your entire business which is now worth RM3.56. During the 5 years, your business DOUBLED cash reserves to RM1.34 included in the RM3.56 total net assets.
Will you sell your PROFITABLE business for at deep discount? You may say the offer price has increased but so did your business assets. Shouldn’t I Sell my business for PREMIUM of say 1.3times, thus the price should be RM4.6 for every RM3.56 assets I own?
Someone is selling THEIR business for RM1.23 for their business which includes RM1.34 cash included in total assets RM3.56. A 65% discount. why would that seller offer such ridiculous asking price? Well, maybe the thought that last time was 0.80 sen, I didn’t sell, now it is RM1.23, I better sell. Or maybe need the fund for marriage, education, buy a home...many reasons.
Are you interested to buy before other buyers realise the almost 70% discounted price to business assets?
Stock market will never be an exact science otherwise all scientist is million or billionaire by now.
Markets can stay irrational longer than you can stay solvent." That is to say it is nearly impossible to predict the markets and those who try, may find themselves in over their head.
Remember no matter how right you think you are about a certain stock or trend, the market doesn't care ...
Those who take profit sold all or sold some will come back buying some when market cool down and price back to their target range.
No one is right or wrong in deciding to buy or to sell. I wish all good luck.
By the way Insas indeed is deeply undervalued or people say unloved for many years. Dato Sri Thong, BOD and management team are working hard with integrity to continue building wealth into Insas.
Always there is an exception. A scientist specialised in Math is Jim Simons. He is the MOST Successful hedge fund manager in history that even Warren Buffett acknowledged.
Find his interviews on Youtube but warning, he won’t tell his secret Math Formula..
Selling volume almost fully absorbed; sellers as of now mostly comprise of retail traders. Institutional traders already offloaded at RM1.28 - RM1.35 levels
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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....
Mikecyc
45,527 posts
Posted by Mikecyc > 2024-01-24 07:50 |
Post removed.Why?