I’ll use a DCA approach to collect TGuan shares while it is undervalued, drop more buy more, some call it catching a falling knife, yup. When it starts rising, I’ll be looking at handsome amount of shares, hoseh liaoo!
Im still monitoring tguan price, with current economic downturn, covid cases spike, mco , cmco ...bla bla ..all this might happen anytime ...could the 18th Mar 2020 may repeat again ?
I dont think the March downturn will repeat itself as investors now already had awareness about the covid situation with the existence of vaccine. Unless the vaccine is totally not effective to the virus situation...
vacine or no vacine.. it's not going to make much difference. Look at the daily spike of new cases. Better stock up more plastic containers.. Stay at home safer Order food at home safer Stay safe
Those who cutloss heart damn pain lo. Those who autopilot don't really care haha. Those who had the guts to avg down the obviously oversold event are happy now.
Glove counters go in tandem with plastic packaging counters. Pandemic leads to increase food delivery and courier service all of which create huge demand for plastics. Today evening’s pull back is a good chance to enter as we anticipate for implementation of “stricter” “MCO”.
Locked-down consumers across Europe ordered 57% more takeaways from the continent’s biggest delivery group in the final three months of 2020 than a year earlier.
The huge leap in trade reported by Just Eat Takeaway.com was a further acceleration in growth from the 46% jump in the third quarter, as surging coronavirus cases resulted in countries across Europe reintroducing strict restrictions, keeping people at home.
In the UK, delivery orders surged by almost 400% in the fourth quarter of 2020 compared with the same period of 2019, as many consumers were once again asked by the government to stay at home.
Good to hear. Just wanna encourage fellow investors to hold tightly onto TGuan. Ya’ll saw how yesterday’s market irrationality on MCO brought most sectors indexes down,yet TGuan fundamental did not change.
It’s okay, if you wanna goreng or trade you shouldn’t be in tguan anyway, the volume is relatively low. This counter is meant for long term investors who have holding power and don’t mind the intrinsic value taking time to be reflected in share price.
most of the counter after bonus issue tend to laid low dun forget EPS is down by looking at the Q3 results only 5.23sen i still prefer higher dividen than bonus if future earning cannot sustain
There’s nothing wrong to prefer dividend. However IMO given Tguan is expanding the business I prefer them not to give generous dividends, use the retained profit to reinvest instead..but that’s just me la hehe
Long term wise, still a solid company. Ignore the short term news guys..don’t lose focus..the attention should be on company’s long term growth prospect.
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....
xcu843
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Posted by xcu843 > 2021-01-07 17:05 | Report Abuse
Good time to collect.