But I don't advise buying shares with borrowed money or with margin financing . Don't risk our lives with these type of dangerous debts which someone may not be to repay later. Many got burnt and cried mama, papa but ended up nobody can help.
Kawan Food will recover to its all time high. Just give it a couple of quarters. All these naysayers are short term traders who like to play companies like 7-Eleven and Ong Choo Meng's stock. Kawan Food is unlike these companies. The long term catalyst remains intact. This makes the company an attractive acquistion target by larger F&B players. No matter how bad the economy is, Kawan Food can still maintain competitive via pricing power.
This company is currently trading at a ridiculous discount and institutional investors are ignoring it because Kawan Food is a favourite stock by retail investors ("dumb money"). Smart money is wrong about this stock
@wallstreetrookie, dont think yourself so big. There is no reason i want to inverse you. We all just want to make money in share market, there is no time to waste on small little thing that you think ppl is against you. If you think this stock will hit 3.50 then let it be. I can tell you the same as i dont think it will go so far. Fair speech ok? Buy at right time look at share price movement is the key to win in share market, my 2 cents to you. This is nothing to do with what the IB said or upgrade. If this is so true ppl just follow what the IB recommend will do there will be no loser in stock market.
This time, inflation will stay high for not just 1 -2 year. Inflation, including food prices, will stay high for the next 3 - 5 years. Consumer staples, which includes companies such as Apollo Food, Nestle, Kawan Food and Power Root will be able to weather the storm. Yet analysts still don't factor this into their assumptions, citing raw material costs blah blah blah. Kawan Food, Oriental Food and Power Root are all strong long term plays.
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....
Posted by wallstreetrookie > 2022-10-14 11:05 | Report Abuse
Etiqa, please buy more