today me pulak like gkh, dispose :) terpaksa lock some profit first due to weak sentiment (nikkei down 7%, also the rest including euro index). but i dispose 50% only la.
the big guy maybe just want to push away kiasu trader # kontra kaki or speculator in doing some profit taking and push price lower so they can accumulate more at support area.
Part 2 : So Johnny continuously go on a selling spree after the initial agreement with the apple seller middlemen, who had helped him arranged the earlier bonus issues and cleverly subdivided his apples into many slices to create more interest and generate more income for themselves later.
Johnnny's other plantation owner friends somehow were puzzled why he was willing to sell his apples at such a low price. They questioned his motive and methodology. Afterall, they said why provoke such a bad image for the whole apple industry?
"My dear ignorant coolies...." replied Johnny. Why would I not want to sell to these middlemen when they are interested? "I am already having so much money to take my prertty lil' Shirley (in his all too typical country slang) to the ballroom dance end of the month as recommended by Jho Low. And the best part is, I still get to keep my money and my farm when the rest of you MBA and PhD ignorant coolies gets to keep your prized apples! "
Moral of the story? I am a better investor because I am a businessman and a better businessman because I am an investor ~ Buffett
Part 3 : "Ahaaa .... but there is a flaw in your calculation, Johnny!" replied one old veteran Cary NC farmer. "Convention wisdom dictates that you hold and wait for the non-apple season to come. The price will eventually go up then due to value and demand! that is the norm how we do business here, young man! "
"Yup, you are right dear sir!" replied Johnny. "But would it not be better to sell now,wait for the middlemen to soon jack up the price, and then eventually whatever small percentage left of my apples will also rise in price rather than to wait it out and miss the chance to take perrtty lil Shirley to the ballroom dance at the end of the month? Won't then for my smaller existing holding of apples to have the same nett then? "
"I guess that's true then young man."replied the southpaw. Pulling the veteran coolie aside, Johnny whispered to his ears, "don't tell anyone, but Shirley's dad is an Eastern Jew. And I had learnt that trick from him! :)
btw...all traders and investors seem talking lots and looking GOOD for these counter even with good reading story. I enjoy not only reading but waiting for $$$$$$$..heheheh
BUY BUY BUY!!!!for sure the Annual profit (Still got around RM5M to go for the 4th QTR Report which i dont think it will be a problem for the company) beat last year n the also the div pay too~~~
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....
jtoh1985
445 posts
Posted by jtoh1985 > 2013-05-22 22:34 | Report Abuse
no dividen in coming quarter? why always dispose?