The good development in JCY is the Chairman had purchased 600K at RM0.61. He must believe at that price he still can make money. In this respect, at current price ranges, we could collect and keep it safely.
Buy buy buy.. 1year got 5sen div.. if buy 5850rm got 500rm div.. yeah!! Buy 585000rm got 50000rm permonth have 4166rm extra money use.. hahaaa If run up also got extra bonus.. If cheaper sapu again... JCY ... wait u so long ... pls drop more again.. good jobs.. Slowx2 collect.. can make 2rich..
I had spoken to the insider and confirmed that the market cap should be double to match its regional peers.
It will take that market cap to start the business but without proven track record like JCY !
The case in very similar with Mieco about 3 years ago...when the price lingering below rm0.40 for a longer period but if you want to start up a business with mieco size....it will take RM500 KK !!!
That's how irrational of mr market.....and the mr. market from an established research house whom recommended to disposed mieco at rm0.35 !!
A good investor must inherit with following criteria:
a) Able to ascertain the historical of earning, growth in earning and in anticipation of the cyclical movement in the industry.
b) Buy only when there is margin of safety particularly when the company operate near the bottom of the business cycle. Mr market would over react with the poor financial result by offering to sell at lower price.
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....
celionneoh
104 posts
Posted by celionneoh > 2017-03-28 16:32 | Report Abuse
como on come on baby..