Investing is about future. I respect your analysis and can't deny this is the most general analysis looking at NTA and P/E ratio. Gadang is good using magic formula and is a must have stock. But I prefer a stock can double up my capital. It is the same in investing in company we need to see ROIC and ROE instead of all this simple metric that will mislead us sometime. Stock trader3 agree with you that patience is the crucial part in investing
Most important aspect is that particular stock must attract investor's attention . Just look at construction stocks like kimlun and wzsatu with tons of projects awarded but hardly can move . bluefun just look at one side of the picture . What's the point of having strong underlying fundermental , but stock price remain stagnant ? I dumped all gadang share luckily and now profits coming in instead of wasting my resources just on this slow moving stock .
the best principle of investing is " buy good stock cheap" why should we sell cheap if we know its upside potential is big what defines a good stock? can be the KC valuation . can also be icon8888 good potential growth foresight what is the best approach after you have bought in a good stock? buy and keep, top up more when the price drops do you have the skill of OTB? if not, you better not to think how to improve your ROI when you have spotted a good stock like GADANG when you have found a stock that meets all your selection criteria why let it goes easily? it is hard to find if you are a serious investor like KC money needs time to grow, but always we see others' money growing faster successful investing need strict discipline how many can comply with? do you know the best approach is still the old fashion theory "let it grows" because you believe it will you calculated it will you see it will nobody says it will not do you know the theme of gadang 2015 annual report is "GROWTH" so let it grows we wait do nothing is still the best if you can't the better so my good friends , believing the sayings patience pays the best price safe is not necessary slow whoever you are , how smart you may think you can be you can never surpass GOD
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....
michaelwong
3,074 posts
Posted by michaelwong > 2016-06-26 13:41 | Report Abuse
Bought at price 2.17 and sold all on Friday at 2 .05 at stop loss !