so far I never say bjcorp is not a good company.........but what I said here bjcorp is not asia Berkshire like what the "so chai" said.........
I sold bjcorp here becos want to reduce exposure in equity market in anticipating big big correction is coming soon..... I will be so chai if I do nothing since I believe big big correction is on the way
icap mr TTB has share the same believe...so he decided to keep cash up to 75%.....tomorrow he is going to tell the story and his believe!!
of course.....atuk might lose the opportunity to gain more if big big correction is not materiliase...atuk understand that!!
let the bolgger be a witness to atuk's judgement !!! kikiki
TTB (turn turn Boo?). In year 1997 just before the Asain Financial Crisis TTB came out on TV3 to tell everybody to buy 2nd Board Shares. 2nd Board as we know then was like a Casino. Not one shares below RM10.00. All were Blue Chips (Blue cheats?} When Market Crashed Many 2nd Board Shares went bankrupt.
Later TTB reemerged with I Capbiz. It did pretty well for 3 years then TTB sold a lot and put RM240 Millions Cash .
From Year 2009 to now TTB has been in cash while inflation has been raging all this while.
TTB turned from Over Exuberance to Over Powering Fear. Totally irrational.
I didn't agreed the support level is rm0.48.....atuk believe is going to retest rm0.45 by month end and rm0.40.....in 2015 becos of extremely weak in general market sentiment!!!!
the one who said bjcorp will drop and sell it fast fast, belakang beli beli and jual jual....!!!
especially the RR , ask others to sell and run, same day, he buy and sell, playing contra.
now im understand why there is so many talking this bad , those bad, all are bad. because they want to buy at cheap cheap price meh~~~~~this world ah....really got many many bad guy outside.
even datuk said this counter very bad, he also sold at higher price, now he is waiting to enter this counter again. so, this counter is good or bad actually? depends on how long u wanna invest loh...datuk said buy and hold for 18 months, i was reading the comments while he is sharing thats post. Datuk, u r very licik.
have a nice day everyone. dow jones drop so much, better in when price is damn cheap.
anyway....price movement is not imperative; that subject to so many uncertainties .....what Is deciding factor is profit after tax and free cash flow in the next few qtrs.........of which atuk believe bj corp won't be showing improvement..........chia lat lioa!!! kikiki
rigidity is disastrous in equity market.....that's no licik in share market....there is only are you bring back $$$, stuck in with paper gain or loss or cut loss in the market...kikiki
calvin save up your breath debating lesser animals. World mkt are in correction mode; oct; generally down.Dow was shaved 1.97% -334.97. i kena shaved also.
Agreed with loklok and cwts, the comments of "these group of people" memang tak boleh pakai punya.
When BJcorp up, they claim they have make how many kk of money, when BJcorp down, they claim again the have make how many kk of money when BJcorp rebound, again they claim they make money, when BJcorp down again, again again they claim they are laughing to the bank.
I think they live in a world of their own imagination.
the onli one so far .. that has been consistant .. with NO BACKHAND call is ... of course THE MOST PANLAI INVESTOR @ LENO ... BOOOOO CHOOOOOWWW CCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!!!
That is the way to make market fear and than can capture those cheap cheap shares. If he did not interested in this counter, do you think he wish to spend his time at here?
All the long term line, medium term line and short term line in homily now is crossing together. Somebody told me these two lines only crossing can create a huge spark. Not yet talk about 3 lines crossing... Moon not yet fall down from sky..Anticipate for Big correction ? I will give an apple from my refrigerator if he is still waiting. LOL
A glut of European savings and a lack of local investing opportunities could be set to keep a lid on U.S. borrowing costs and to drive global markets for years to come, say strategist Saravelos at Deutsche Bank. It is Europe’s huge savings glut – what we call euroglut – that will drive global trends for the foreseeable future.
At around $400 billion each year, Europe’s current account surplus is bigger than China’s in the 2000s. If sustained, it would be the largest surplus ever generated in the history of global financial markets.
This matters. Europe is the new China, and via large demand for foreign assets, it will play a dominant role in driving global asset price trends for the remainder of this decade. Globally, Europeans — among the world’s biggest savers — will drive capital flow trends for the rest of the decade, Saravelos predicts, making Europe the largest capital exporter in the 21st century.He sees the European Central Bank embarking on an aggressive round of asset purchases, which will push down real yields and create a domestic “asset shortage.”
That will prompt European investors to go abroad in the hunt for yield.
How would markets react? This is how Saravelos thinks it could play out:
The outflows will help drive the euro ever lower, eventually dropping below parity with the U.S. dollar, Saravelos says. He forecasts the euro to fetch just 95 cents by the end of 2017.
Yield curves will be very flat, with U.S. fixed income a “primary beneficiary” of European demand. In fact, if there is enough demand for long-dated instruments, the 10-year U.S. yield could easily trade below terminal Fed funds, a phenomenon that occurred in the 2000s amid the so-called bond conundrum and might become more likely now thanks to ever larger current-account surpluses, he says.
In the long run, this should also be good news for emerging markets as the flows make it more likely that marginal demand for emerging market assets goes up rather than down, he says.
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....
calvintaneng
55,594 posts
Posted by calvintaneng > 2014-10-10 10:40 |
Post removed.Why?