@Ellyn20 ..Sendai last 2 Q profit is around 380K, quite small in fact , but later news they have partnered Emirates, not sure what profits would come of this understanding . Sorry..I do not anaylse Sendai much.
Fajar last Q net profit supposed to be around rm 16M, but co provides future tax ( deferred tax ) of 11m, so reported smaller profit of 4M plus, still a 125% increase on year to year basis
Different peoples different investment strategies, someone run 1st and buy back at lower price, and someone was considering the fundamental of Fajar and kept holding and to average down the holding price until it was rebounded. No one is wrong, so no need to argue in the forum. If someone was interfered by kenwibur by selling off Fajar, this is their decision
SKY2. I was informed by a friend well verse in stock investing who has analysed fajar and gave the prediction same as yours. So while there will be ups and downs in fajar's share prices but it will eventually rise to refects its underlying value from higher earnings and profits.
Its normal to feel demoralised when the stock we invested in with high hopes declined. If you invested with spare capital. Then no need to worry because I believes its a gem of a company that will outperform eventually. Take time to do other things instead of being fixated to its fluctuating stock prices. Fajar will rise sure as Spring will follows Winter. Even if a bear market comes and its price fell further; it will rise back to outperform eventually because of its qualities.
@Ellyn20, I think share market is not a place for u to invest...better buy Unit Trusts or put into the bank, since u cannot bear the up n down of a stock. Investments have risks ..be reminded
@SKY2, I'm still holding bcos i believe in this company. Unit trust is the worst, can only see result after 7 years+. And can't see what they are gambling on.
@Jalan Tembok . u talk n act like Andre Kostolany. "Those with firm hands buy when the price is low. These people have both time and money, which also fosters strong nerves. The firm hands stick around, are not fazed by the ups and downs of the market and know exactly what they are doing. They make their move at just the right time, buying at the bottom and selling at the top, or at least pretty close (I would love to have ‘firm hands’).
When others sell in panic, desperation or simply because everyone else seems to be bailing out, they buy. The firm hands will then sell again at a massive profit when the market turns around again.
SKY2. Thanks for your flattering comparision to the legendary Andre Kostolany. In truth, I am but a weekend hill climber against a maestro like Andre who would be a Himalaya mountaineer. In truth, I suffered losses like many during August 5th termed as Black Monday. Now I had selected Fajar as my lifeboat to survive any future volatility and to recover my recent losses. I wish all investors on Bursa will take buying and selling of shares more seriously instead of having a gambling mindset. Be like SKY2 so as to learn investing concepts from master investors like Andre who was a highly respected European stock investor although he was not such a household name as Buffett.
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....
SKY2
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Posted by SKY2 > 1 month ago | Report Abuse
@Ellyn20 ..Sendai last 2 Q profit is around 380K, quite small in fact , but later news they have partnered Emirates, not sure what profits would come of this understanding . Sorry..I do not anaylse Sendai much.