If company quarter results gain mainly from foreign exchange gain then will hit badly from the strengthen of ringgit. However looks at chinwel, it business getting better and better. Profit doesn't just came from foreign gain. Market over react for chinwel.
this 1 really good stock loh... i ride from 1.85/86 n all the way to top.. cabut when drop bck to 2.20 with sikit duit pocket.. re enter few days ago during doji candle but cabut after it open high n start drop. rugi sikit brokerage... really good company, but i cannot fight with shark. nanti i kena makan... haha
Why everyone talk until Chinwel like going into bankruptcy and declare worthlessly? I still not able to understand why people are still panic selling. I don't see the point, i really don't see the point. "DIU KAO ME IF I AM WRONG" but only after 22 Feb 2016.
Desa20201956 indeed, u made a very good choice of buying around 1.65 and sold 2.27. 36% of profit was ALOT. If i were you, I don't even give a f*** on what they are talking, grab money and run. Unless, you are trying to make some discount ;)
Dr Doom, Mark Faber : Despite his often dire predictions, Faber identified one area of the market in which he has some long-term confidence for a rebound: emerging markets. He predicted a possible rebound for Brazil and Russia , which are among the economies battered by lower oil prices. He also reiterated Wednesday his hopes for growth in emerging Asian economies, like Vietnam.
people buy and sell, buy and sell all the time. 95% of the people over trade...so, what difference it makes. People sell and buy back ever higher and higher.....true especially traders in i3.
================= ed by Icon8888 > Jan 28, 2016 11:42 PM | Report Abuse
All of us in i3 started playing export stocks since Dec 2014 and now sitting on big fat profit
Sohai Desa walked in blur blur one year late to get excited about export stocks
Let's do some quick comparison: Advantage: 1) Sustainable and growing revenue 2) Cheap Raw Material Price 3) Good Customer Network in Europe. (Do you do business with those you don't know but sell u cheap or with those you are familiar with?) 4) Good dividend payment policy.
Disadvantage: 1) EU loss the WTO case against China. However, according to Mr.Tsai not really have any huge effect.But since so many people talking about it I will assume that it have HUGE effect like the company going to bankruptcy because of China. 2) MYR strengthen. Since when we buy and sell share according to exchange rate. Remember that we are share investor not currency trader. If you like Exchange rate so much please go and trade FOREX.
Conclusion: Either HOLD or BUY. I don't see a reason for selling.
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....
sharktank
805 posts
Posted by sharktank > 2016-01-28 20:23 | Report Abuse
good company also can buy at low price. : )