For every person who gets a good buy in an inefficient market, someone else sells too cheap.
Basic economic theory explains the correlation of supply and demand. For someone to sell their stock, there must first be a buyer to pick up their shares. When everyone is so bearish, there is simply no demand even if you have supply -- so how much can a person sell their shares when there is so limited demand?
Logic, logic and logic. "Take care of the downside, let the upside take care itself."
In view of certain areas of oil palm plantation being declared matured, the costs of RM7.4 million related to these matured area which have been capitalised previously is now fully written off. As a result, the division registered a loss before tax of RM14.8 million for the current financial year as compared to a loss before tax of RM9.0 million in the previous financial year.
Any sifu mind explain why there is a need to written off when certain area of their oil palm declared in matured state.
Bro bracoli dun tease me lah...... this is rock bottom.... if got more rock bottom.... i think i want to unlearned dcf.. nta... n just focus on 75 perecnt fr peak by mr teh....
to me, is a good counter, good cash level, good business and good mgmt... I bot 108... quite high compare to current price... but I trust that is worth more than 108...
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....
paperplane2016
21,685 posts
Posted by paperplane2016 > 2016-11-24 21:11 | Report Abuse
I won't rule out if hike next month, ppl might be selling