my gold has turned into stone, my shark fin soup has turned into water and laughter turned into tears...Now tat mkt is closed, still ve to worry how the mkt behave tomorrow...God bless u Lewis and all other investors here...
Jolin Mp Corp is not a bubble. It is facing lots of problems, that's why it is So cheap. But not for the fainthearted, it will take some time to settle all messy problems
Lewis those who sold at 0.315 is the greatest loser of all time ...I bought 89,000 shares at 0.33 few days ago and i thought i am catching a falling knife...BUT now Mkland rebounds at least i won't get heart attack...When u are trapped in a burning theatre with ppl rushing out knocking each others to reach the exits...TAT IS THE TIME U SHOULD GET IN...Now tat the fire dies out who knows the next furious inferno is coming burning everything alive...time will tell!!! Good Luck to all
I was waiting for 0.30, but no luck also ... But I never sold any single shares I hold for 3 years (average cost 40cts), since they keep giving dividends 2cts, 3cts, 4cts per annum for the past 3 years, the returns are better than FD interest, why sell ?
As old Warren used to say :- buy undervalue shares and keep them in the freezer and stay far far away from Bursa monitor everyday, ignoring everyday up and down heart attacking movement, then you will live a healthy life !
who knows 5 year later you open the freezer, you found that your stone has turn to a diamond !
in fact, I am here to promote MK Land :- they have net cash & zero debt ! If recession hit malaysia next year, they will SURVIVE !! They are good in selling low medium cost houses, the demand will be high during recession !
....and thousand ekars of prime land waiting to be developed or even to be sold to liquidated into fat cash !! Very potential to be privatised by Mustapha Kamal (major shareholder) soon if the price keeps trading in dirt cheap ridiculous price !!
Mr Lee i kept for exactly one year. This counter is good to keep if they can pay at least 3 cents dividend . Anyway i may consider to dispose off all early next year.
wah Lewis u are steady hah haven't disposing any single share of MK even when mkt is tumbling...It proved tat u are a long term investor...But sometimes we get very emotional when everyone is rushing out for exit when we are stiill holding...Ur patience will one day bear fruits MK will reward u with 1.00 share price in the long run...
those who ever met the crisis in 1998 ,don let history repeat itself to you.There r still a lot of room for the foreign fund to exit.During that time even a good counter cannot spare.It is like a domino effect.Just weight youself how risk is your portfolio to you. if so well wait another 10 yrs,by the time rm=Sgd is 3=1.Mkland might be 1.00 but other things also gone up 100%.Rm will be like calendar paper.
Mr kktom agree with u . Dividends is one thing . To sell either completely or at least partially is a must when market goes up especially at situation like this .
"The phrase "double dip recession" was mentioned 10.8 millions times in 2010 and 2011, according to Google. It never came. The were virtually no mentions of 'financial collapse" in 2006 and 2007. It did come. A similar story can be told virtually every year "
Put it this way, if the economics trend can be so accurately predicted by those so called "experts", they would have been multi trillionaires long time already rather than earning a living by giving economics opinions, right ? Hahahahahaha
That is the reasons why investment game is so interesting and thrilling because virtually nobody on this planet can 100% predict what will happen next !!
Mr Lee of course no body can 100% predict what will happen next but one thing for sure is any thing that goes up will have to come down. Correct timing is a very important factor. The question is how good is our judgement ?
predicting and trying to time the mkt is a full gamble...either u win or lose...north or south...Big or Small...i am sure most has predicted Mkland will fall below 0.30 but it doesn't come true...Who is tat foolish to sell you at 0.30??? haha
I have sold 70% of mkland average 38 cts.one lump sum profit.I will never buy back unless come down to 30 cts below.Oil prices will drag down economy bcos gov neet to borrow more to push economy otherwise projects halt.A lot of bog company will be earning less than before .Follow buy share holder will loss confident on the maket. Malaysia main foreign income r from cruel oil n CPO .Less income on these two mean less cash fiow,that is for sure.
In Australia 80% of the country economy come fr mining.Now there r a lot of mining company r closing their operation in here resulting many smaller down stream company either close or down scale.A lot of FIFO worker used to have big money income facing no job or look for other job.if any of you having holidays here u you see a lot of office space for lease. Housing market still booming is mosely because a lot of main land Chinese r buying houses in cash.
Bursa Clearance Sale is OVER>>>I am disappointed tat the duration of the sales is too short...I hope tat market will crash again...let all the coward investors dump all their stocks for us to buy cheap...Datuk Kasi pls dump your stocks 2morrow...
Guy. . Mkland alr up for 4 days in the row . .. will it be still window dressing until year end ?? Namesis don't be so selfish la .. others still waiting to dispose
hahaha no worry he will not do so ... we are talking about money..... he is not that dumb to throw away good money.... tomorrow the price is envisaged to go up beyond the 40's territory.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
nemesis
3,994 posts
Posted by nemesis > 2014-12-15 17:56 | Report Abuse
my gold has turned into stone, my shark fin soup has turned into water and laughter turned into tears...Now tat mkt is closed, still ve to worry how the mkt behave tomorrow...God bless u Lewis and all other investors here...