Lim, where got huge losses? Assuming you bought TA-CA at 0.30. Today closed at 0.250. Paper loss only 0.05. Only peanut losses if you sell today. Cannot afford let go 5 sen? Don't be sad lah.
Lim, next year June, still got time. Remember Symlife? when I bought it, I think you bought too. We lost money. I didn't sell then, and now its making money. Remember TA post a good Q result recently, but because of current market sentiment, its upward momentum has reversed. TA has got potential as you know, so its a waiting game if you can wait. Because of improving fundamentals, it will resume its uptrend.
Lim, TA's valuations is inexpensive. Fundamentally, its financials has improved and will improve faster once those mega projects come in. A lot of companies are asset rich, only that its lying idle, whereas TA's are generating revenue year after year. A hotel room may cost Rm100 per night 5 years ago, it can be Rm300 today, 5 years down the road? So even if there is no expansion, theres plenty of scope in this.
Believe can find a support at 0.97, and consolidate for awhile, then go up again. TA price was moved up price gradually..I don't expect TA will drop 10%. Any dip is a buying opportunity...TA is still undervalued a lot at current level.
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....
SHQuah
5,363 posts
Posted by SHQuah > 2014-08-05 16:22 | Report Abuse
Those who is selling now will regard end of the year, because they will buy back at even higher price.