"I couldn't remember when did I first write my comment in OKA Bhd Forum. Well, it does not matter. Those image-smearing and character-assassinating critics, albeit baseless, had underscored the necessity of my further views, opinions and comments in the forum. Time was what I had spent but friendship (which I always yearn for) is what I hardly get in return, although just one is good enough for me.
A single rose can be my garden and just a single friend, my world. Is this single friend you, khlim2889?
Who cares what others thinkof you! What matters is what you think of yourself. LEAd the way CKwan. You got 1 kawan here.we all make together nb happy all together. Nice target price. I was in at 98... liked the valuation n Biz model. I still Do. Patience. good things come in time.even fruits take time to ripen. Culling the tree too soon is like killing the golden goose, or forcing it to lay more.
Affin buying tRX land at ridiculous 4600 psf. 1mdb urgently needs to raise funds for the upcoming due bonds. All GLC like Tnb Affin will be pulled in to buy off their assets. Everyone got sucked in. Even bigger mess. TRX project will not get completed. Bullet train may even get deferred. MRT will complete but TRX will be halted in this coming financial crisis. Fund manager friend said this coming crisis in Asia will be worse than 97 because now everybody is hugely indebted. He advise his friends to sell everything if possible but most get stuck with non liquid assets. He foresee the lowest market point to buy back is 2018. A crack may start as soon as 4th quarter this year.
nice of you CKwan. You are right . Look at the big picture. Things are still on as normal.,nvwill go on. Only Oil price will jump up ndown . currency will jump up n down. company will still work. people will still work. Why thw Panic? this has happened before n will happen again n again.
maybank drop to 1.00 in 1998. i bought it. i remember it.
ckwan11d In response to some untrue facts about share prices during this 'in fear' atmosphere.
No. Never RM20 for Maybank Bhd. If my memory did not fail me, during the 'Sorrosian Invasion' on SEA currencies in 1998, whence Thailand was the 1st casualty, Maybank higher prices was around the range of RM11-RM13. She never touched RM20. The bottom prices then was around RMR3.50-RM3.80 and NOT RM2.50
My intention for this comment is : try your best to get some basic facts CORRECT during the hours of turbulence and no further than that. 12/08/2015 16:52
Index rises with time; prices also if earnings rise. yesterday is gone. Live NOW my dear; good to reminisce n dream a little. Hope maybank reaches target price n overshoots it. b optimistic.
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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....
chiowmin
2,797 posts
Posted by chiowmin > 2015-07-09 12:20 | Report Abuse
anyone load more?