B3. COMMENTARY ON PROSPECTS In general, the global HDD industry is expected to contract in the coming quarters due to the weak global economy. However, our new product mix development with the HDD customers is expected to sustain our HDD businesses which will to a certain extent mitigate the expected contraction.
When I started trading. I KIV AA after the crash at about RM0.78. When it went up to RM1.50. My remiser kept telling dont chase high. don't chase high. OK lo don't chase high.
Now, it's RM3++. Learned that don't chase high is a good advise for TA player. But it's VERY poor advise for FA and long term investors. My reason to buy then was plunge in oil price. Asia is still relatively safe. And there is Tony Fernandes. They are on their way to make alot money. But, I was held back by..."DON'T CHASE HIGH".
In business, there are only few questions to ask. How big is the market share? How much is this company gonna dominate the market share? and if the team can convert revenues to profit?
As long as, the company is project to make money and make more money. There is no such thing as chasing high. So peeps, start to learn reading report la.
What I meant is buy now when it is still down or stagnant ...don't buy only after it went up 10 cents ..in fact I already told ppl to buy and it is a very good company and more to come when it was rm0.50
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sapurakencana
1,144 posts
Posted by sapurakencana > 2017-05-12 15:38 | Report Abuse
If bonus issue,tp should be RM2.50PE,15