Everytime I read & analyse other companies' annual reports, I hate those companies just did there corporate exercises such as split, bonus, right issue or even private placement.
It is very difficult to get comparison over past years' performance & sometimes it gives very distorting ratio reading because some websites including i3investor did not capture the enlarged share base.
I have to give Kok Oon a thumb up for resisting request from speculators or short traders to do such exercise.
TQ superman sifu. The range is very tight, no room for day traders, it is oso very patient, dunno how long it will ding-dong at this range, short term trader oso not well come. If Itu penggoreng has wild ambition, then the TP prediction of RM3-RM4 is not a dream ohhhh. Just dunno take how long
Foreign investors keep buying shares in Malaysia market despite the expected interest hike in US in the mid December. What does this imply? The market has already priced in the interest rate revision issue. Nothing to surprise and foreigners who are supposed to invest in emerging market are back.
Have you ever heard the story called "The boy who Cried Wolf"? A few month ago, Janet hinted that interest rate hike was possible. Then, She stressed it would be carried out by the end of the year. One month ago, stronger signal was given that revision of interest rate would be necessary. At first, market participants were so crazy and nervous that they pulled out whatever they had been investing in emerging economies. Later, they found that they were too emotional and it was a good time to unload USD asset to reap the profit given the positive news on US side. While the FED kept saying that interest rate would be increased to rationalized level for many times, investors eventually got used to this. I believe that the interest rate hike would not lead to significant huge capital outflow in December comparing to August this year. Those who wanted to run away from emerging markets already did so a few months ago. Don't be so silly that Malaysian economy will be in chaos or even collapse etc....this is all nonsense. Think of the following question by yourself, is Malaysian economy growing? If so, why should you worry?
market is a weighting machine. The ultimate winner is always the one who follows the safe route. Believe me SAFE is not always slow , can be FAST and BIG also.
WIN BIG = GADANG + PATIENCE
of course in between you still can play-play for some thrill those counters that you think can win fast. I had tried that a few times, what's happened? same people but different answer at different time. not much different from betting on BIG or SMALL in the casino.
how about recommendations from those sifu you have respected? let me tell you the truth, in fact, all the SIFU are themselves "MUD BUDDHA" , in the water ,all the same, "HOPELESS AND HELPLESS"
then,
what to do?
here are 2 pieces of advice that answer your question.
Posted by apini > Nov 28, 2015 09:36 AM | Report Abuse
Investing Success = Great Company + Time
Posted by bluefun > Dec 2, 2015 01:20 PM | Report Abuse
hold tight tight, my TP upgraded to RM3.50, i can wait for another 1 year and future...
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....
yeekarwai88
3,967 posts
Posted by yeekarwai88 > 2015-11-30 17:50 | Report Abuse
Index laosai,gadang still up.
Ermmmmm,hahaha.