I sold too early. Learn a lesson that there are no better price driver than EPS. When it's 7 sen. I tot it can't do better than 7 sen. And I was proven wrong when it hit EPS 11. If the performance can maintain at EPS 10 above, the PE after 3 quarters will be back to PE10 even at the price of RM4.00. Bonus issue is to improve market liquidity and further increase market cap. After all, people are more willing to trade penny than the dollar.
Between now and next 3 QR, the PE will be based on the market's confidence if the EPS can maintain above 10sen.
If it's does, Calvin's advise and concern is unwarranted. After 300% increase, it's a no brainer to "predict" the price coming down. It's called correction. U can go predict any counter that jumps 10% a day, it probably due to drop in next few days. But if insist on massaging ur useless ego, u can go to any counter that closed 10% up to and scream RUNNNNNN! the next day; u r probably right 8/10 times.
RJ87 nice to hear from you again. I'm wondering if there is a way to message you privately via the forum cause I would like to meet up to talk about your analysis on some of the other shares your involved in.
In Calvin's head, anything that goes up that he didn't buy is a pump and dump stock.
And those he buys that goes up is not a pump and dump stock? Am I the only one that feel that he should go f*ck himself already?
I'm not holding DUFU anymore. Like I said, I took profit too soon. I do not disagree, the upside is limited. And if it's worth the risk, it's up to individual. But keep this in mind, if next QR reports EPS15 sen. Don't you think it's possible that it will shoot past RM5?
This not something Calvin's good at. He is more to, playing 黑白. To improve his bets, he bets down on those counters which went up. Which he will be right 8/10 times. Anything that goes up will come down. That's correction and that's common sense.
Now Calvin, you said soon. HOW SOON? Let me help u with that. I know how soon. It is as soon as Helio drive is displaced by better technology. That's when DUFU is gonna drop like shit IF they fail to participate in the next technology. Else, it will continue to grow. Like Vitrox, it's valuated at RM3.5Billion from a humble beginning. In the growth processes there are no short of people like Calvin talked shit about it. It stood tall nonetheless. DUFU is just RM700mil.
Now the question you might be asking, why RJ don't jump back in. The reason, is DUFU owns a process of a technology. Not the technology. DUFU can be displaced by other vendors. Vitrox on the other hand owns the patent and technology. I believe it was something they developed in 2010-2014. The entry barrier to that piece of technology worth quite abit and it's not easily displaced. Why I don't buy Vitrox? I agree with market consensus that Vitrox is awesome. And hence ALL GOOD STUFF from Vitrox has already priced in.
If there is anything worth buying, it's something that market has not priced it in yet. Ofcos, it also not smtg the market will easily agreed upon until proven wrong. The bottomline of good investment is if you hv the guts to go against market consensus, be right and MAKE MONEY OUT OF IT. And I don't think Calvin's "work" on predicting counters that WENT UP that he didn't buy and predicts it will come down will make him any money. That's pretty pointless and stupid.
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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....
calvintaneng
55,833 posts
Posted by calvintaneng > 2018-11-23 12:37 | Report Abuse
Xinquan's bait was it's rmb1 Billions cash hoard with it blessing