Time to buy Bat , PE around 15 , dividend yield around 7 % , buy 1000 shares @ 19.00 , average down another 1000 @ 17.10 and 1000 @ 15.10 . Keep for rebound 23 or 24 or 26 . Good enough .
A lot of retail buyers still do not really understand the way of trading , buying or investing in shares in Bursa Malaysia .
For e.g , even if the share price is undervalued , if you buy , they will push down further to panic and shake out the retail buyers .
Sometimes if you want to buy at 15.00 , without any retail buyers buying from 19.0 , 18.0 , 17.0 or 16.00 , they won't press the share price down . 19.00 less 15.00 = 4.0 4.00 x 285 millions shares , means the market capitalisation will be reduced by 1140 millions .
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....
gghaha
1,639 posts
Posted by gghaha > 2019-09-06 09:45 | Report Abuse
anytime will drop back....as usual