I want to keep. But today have turn downtrend. I need to hold on my rules. Cut loss bro. I also expect the coming quarter is good. But I just can't stand the risk.
One thing I learned from the stock competition organized by Tan KW - buy, lock up the stocks, throw away the keys (not allowed to take profit, cut loss, etc until end of year). I actually find it to make a lot of sense in real life
Who am I to dispute the stocks picked by both cold eyes & uncle Z. But as soon as I saw OTB presented his yardsticks in picking up stocks, my head was hit hard, i.e. it made me think deeper. I now come to realise that stocks that are experiencing growth (Increasing operating profits) and at the same time the stocks are selling at "steals" (low PE) may not necessarily be a good investment. The third must-have element is the not-too-distant & mid-term prospect of the said stock. For example, KSL. Unbilled sales of RM847mil & recurring income from rentals are expected to propel KSL into achieving yet another record earning for FY2015. All of us are fully aware that the prospects for the property is bleak at least for the next few years. Developers will compete with sub-sales. Because of this, KSL is hardly moving (upwards).
Equally bleak prospect is construction sector. When infra is booming, many jumped into construction. That included the "little known" Gkent. Over the last few years, these contractors invested heavily into machineries. With little jobs up for grab, they will sacrifice their margins or they will incur losses arising from PPE depreciation. I see growth in Gadang for the next 1-2 year, I see Gadang is selling cheap, but I just don't see its prospects of increasing (or at least maintaining the boom orders at present levels).
I will only buy back Gadang when the company is able to win more jobs (replenish book order to at least 2.5 x revenue of FY2015). The above is my take. There is no right or wrong. Good luck.
there is no perfect stock selling cheap to buy, to us gadang is near perfect at current price
at current trading volume of gadang, OTB will buy gadang as long term investment for himself but OTB will not recommend this stock to his subscribers. why? no liquidity. if he watsapp to his subscribers to buy , I think the price will shoot up to more than 2.00
look at his stock selection criteria, gadang meets 100% his FA selection but fail his TA selection
But we are pure FA, we do not demand for high return, 20% is more than enough, we are very confident by the end of the year we can achieve that's why we are that comfortable with our position
if coming quarter it rewards us with some dividend as bonus , then we are more comfortable
tan sri kok onn had already clarified and made it loud and clear to everybody, now construction segment is very competitive , profit margin is very low, it is not worthwhile to bid for new contract, it is better to focus on those projects on hand. mitra is different, whatever contracts also sapu, that's why the debt is getting higher and higher and risk is corresponding higher, if not the promotion of the IB the price can not be maintained, I sold mitra a few months ago with more than 40% profit
now gadang is slowly shifting its focus to property , affordable housing in strategic area still has great demand, I think this is a good move.
I agree with bro Icon, it better to invest in a company we know well than to invest in a company we have not throughout homework, most important, I strong believe , even market crash , your investment in gadang will not lose much compare with mitra
i know the gadang is very good stock... but now is economy crisis due many bad factor.. not stock can survivor in huge down trend approaching. save your money 1st.. wait another chance to buy in.. My lost is Rm3000... if down to 1.30-1.20 (not offence) i will lost RM 5000-6000... why don wait buy in more cheap.. i know is hard to cut lost ...people are not admit that.. lost... keep phycho your self.." don worry .. gadang is good stock.. will hit RM2...don worry.. i am long term invester.."
save your money.. before KLCI drop to 1650... good luck all friends.
if gap up .. them i buy back loh..so simple(save capital 1st)... i don mind buy back expansive price de... rather them drop to 1.20(no offence >.< )...
MAY BE ,YOU WILL GET MORE THAN WHAT YOU HAVE EXPECTED
KEEP AND COME BACK HERE OFTEN ,TO SHARE YOUR VIEW
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apini
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Posted by apini > 2015-06-15 19:46 | Report Abuse
soros,
matakuda is my good brother. I know him very well
I know he will come back again and wait for 1.60 to sell again
very soon ...
he will announce here he has come back again
don't believe ?
wait and see