exactly the same modus operandi like mui olympia gsb. same syndicate. ambiguity and churning to slowly dump. don't be the last one holding when the music stops
Last time to hit 86 sen was in year 2008. Even in year 2011 when IOI offered RM830 million the highest price Dutaland reached was surprisingly only 68 sen.
In 2011 I didn't sell above 60 sen because I thought the IOI deal will go through. I wanted to hold until above RM1. Then when the deal went sour the price collapsed very steeply and i ended up holding Dutaland for 3 years until I sold in 2014 for 20% gain.
Calvin is a long-term investor. He only buy value-for-money stocks that are greatly oversold such as Mui, BJCorp and others. He is rich with lots of bullets and can afford to holds his stocks right at the bottom for a few years waiting for the ultimate surge for may be 500% or 1000% gain. If you are a gambler or 'investor' looking for quick gain or investor with limited cash, his style of investing may not suit you. May be you have to look for 'sifu' like Fred Tham and pray for luck. Personally I don't follow Fred Tham. I stopped reading his article for more than 20 years.
sweating like shit for the past 2 months , now only got nice profit. everyweek driving around the abandoned Grand Hyatt ,hoping to start work , tqv m Tan Sri Calvin
so now they play wif the retailers lo,if retailers buy a lot the deal is off, if retailers sold off a lot then the deal is on,this is the way msian doing business to cheat the retailers? both stocks should be suspended prior to any announcement
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....
nekosan
3,637 posts
Posted by nekosan > 2017-08-25 13:36 | Report Abuse
Thanks all who cut loss below 0.6 . To close 0.7 today