No matter how hard to break 1.00, it will break sooner and later. We can wait. If it go up, I also happy, if go down, I will be more happy as I have opportunity to buy cheap share to accumulate.
Hard to predict, that's why must study and stay firm on your own view/research and confident to the company. If you think the company is good, then just invest, and get the return in years.
RM 1 will be exactly the price right before the effect of bonus issue being announced ( on 21 March )....my opinion is : this may be the support...however, it may drop further since the performance not as good as expected and no dividend...lol...but will at lease stop before hitting RM 0.97 (guessing) ....but it's a good stock...who know this may be a second DLADY ?
Sometimes we have to face our mistake instead just saying that I'm hold this stock for long term so the drop of price does not affect me. Is true but since u expect it will drop why u still want to buy the stock now?
No doubt hupseng is a good fundamental stock but look into its PE. Is very high already and the last quarter result does not match the rise of the PE. Is okay if the money u invest in this stock is the money you can lose it all.
Do u ever think if u lose 50% this time, you have to gain back 100% next round in order to gain back the cost u put.... Please be realistic and don't invest by emotion... That's all I can say... Hope all the best to you since u already all in to this stock since 1.2x I think...
Once near to budget the fuel n electric price increase we will see the immediate impact drop below 0.95 perhaps:) NTPM is a good sample d due to salary hike ad drag the profit almost near to 50% lower..
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....
Michael Jong
607 posts
Posted by Michael Jong > 2014-09-03 06:10 | Report Abuse
Haha.... faster sold let me got chance to buy more....