we may see the down -turn for property in years to come ; now ppl r left with nothing to buy any property . Commercial banks r curbing the loans to a max 70 % to property , so if the price is 450k for a property , the max loan is 315k, that means a person must have cash at least a min 135k , everything in will be coming to min 150-160k cash in reserves. Just think how many r strapped with so much cash nowadays ? With the GST around the corner , it will be harder still to own a house . Predictions r properties r going down under no matter what...Just see the outcome in months or years to come....
property is not doing well due to GST. keep the stock for future or sell before lost too much. but ecoworld is strong. i will keep it for future. long term investment'
sell and buy back again at slightly lower price each time..each time rugi few bucks...managed to adjust avg price to 1.8x...dunno will drop more or not...
eisteinbrook n masterpeace.. its u two who always making d false claim. i am still holding to my ecoworld. i will still doing so as long as the shareholders holding to it.
property counter generally on the decline. there seems no safe bet nowadays. for short term investor, my advise is.. continue to stay on sideline as market going to ve very volatile.
i hold on to my ecoworld n supermax cause i have faith in their management.
like i said... property fundamental is going to be very weak this year. but i started to buy into ecoworld when the price is RM1.70 (that time name focal). my average entry price still very low and i am going to hold this share for long term. i have sold off my other in investment in mitrajaya and e&o.
hope today will drop until 1.75 genesis u should b rational in invest! the market is very bad now and is just beginning u should entry around 1.3-1.5 1.7 too high la!
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....
King of Mountain
67 posts
Posted by King of Mountain > 2015-04-04 17:48 | Report Abuse
0.42%, more than RM100k transaction is 0.21%