Introduction Fellow RCECAP investors. Get our footwork and positioning right. Don't be overwhelmed by the present market noises or headwinds.
The present market conundrums or unpredictability reflect temporary market sentiments. No matter how the tides and waves are, they will subside sooner or later.
In the midst of these uneasy and difficult times, our compass or GPS of investing must be in proper alignment.
At the bottomline, we must have a clear perspective of the macro and micro markets. For one, markets tend to move according to the TRUMP factor. But, recently as Mark Mobius of Franklin Templeton Fund said in a recent Bloomberg interview, emerging markets have already factored in the TRUMP factor. Therefore, no matter how maverick Trump's actions are, market reacts in the direction apart from conventional expectations.
There are many more examples. So, RCECAP share price taking dips are no exception. Most investors in the hunger for high dividends and profit-taking fall into lapses of forgetting the fundamentals and future growth prospects. Conventional expectation of a performing company is a rise of share price, good quantum of dividends, special dividends, rights issues, etc.
We must realize that the contemporary market sentiment is highly uncertain and obviously CONTRARIAN. We have to adopt the right investing psychology to face this reality and optimize our positions to the best of our ability. Someone said, TOUGH TIMES DON'T LAST, TOUGH INVESTORS DO. I would like to expand it - TOUGH TIMES DON'T LAST, TOUGH COMPANIES DO.
Don't worry about price drops. RCECAP Bomba & Rescue squad will be out soon.
On the day of QR announcement, the management has already served notice of Share Buyback. The management has foreseen something following their contrarian decision to declare 3 sen dividend despite RCECAP sterling performance. The share buyback exercise will serve as a good stabilizer.
Furthermore, the major shareholder Datuk Azman will definitely not have the heart to see his darling RCECAP bleed to death.
In an indirect positive way, the CRUEL, BRUTAL & BLATANTLY VICIOUS market sentiments and reactions are symbolic "middle-finger" gestures to remind the management not to PLAY, PLAY and insult the intelligence of the investors.
Until now there was no official rationale or explanation from the management on the CONTRARIAN consensus.
Based on my experience, this good atmosphere will continue until such day that the stock price itself attracts funny people who just know few words only to sing song here everyday.
The words they know are "up" "down" "sell" "run" "go" ....
For the first time in many years, the word "COLLECT, IT'S CORRECT, COLLECT, IT'S CORRECT, COLLECT, etc has been recycled so many times in my head. Ha, Ha, Ha.
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....
ahhuat02
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Posted by ahhuat02 > 2017-05-30 15:39 | Report Abuse
not tis stock problem, is market laosai