when the market sentiment bad, all stocks might drop mainly because have alot shorterm trader that do not have holding power and they scared it will drop, so will normally throw. but it is good for a long term investor, that ready to accumulate.
EMA = Moving Average Exponential MACD = Moving Average Convergence Divergence RSI = Relative Strength Index
All these are basic measurement for the technical analysis (TA), of course there are more indicators that in the market.
When the share price move above EMA 20, 50, 70, mean up trend. It also mean the share price move above 20, 50 & 70 days average moving.
When MACD golden crossed, mean short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed.
RSI moving above 50 mean bullish too. (if drop below 30 mean fall into oversold)
Of course all these indicators need to support by volume too
If you want to know more, can google search on the TA.
But, one thing is RM1.2 from your view is the highest, but you havent calculate in the bonus issued that happened in the past, which mean, the cost of holding dropping maybe to 0.4-0.5 if you hold it since long. and the most important thing which is the DY that recurring, if you hold it since long, then your DY might more than 20% or more.
So, it is very depends on every investors strategy, timing or busying and etc. No right or wrong answer
i also hold glove stocks too, which the most happiest time is when it drop crazy, cause i am the one that buying in when other people selling, thanks to them only i can earn more. i buy in since long, and top-up when every big drop. it is depend on investor itself on the investment strategy
sorry, no. But Favco not bad, but recently drop to around ROE around 8-9% in average for last few years. Eps cagr for last 10 years less than 10%. But MOS good. Business growth slower compare to 3-5 years ago.
Honestly, I do collected some cheap FAVCO tickets, that's why I ask. Hahaha.
I collected mainly because it's cash rich. As all of us know, construction sector affected most by this pandemic, but Favco still declare around 7% dividend payout. Looking back to the history the company is mature and stable, no an aggressive growth stock though.
Btw, I also have some glove stock in my holding, but not same as yours la. I think currently glove stock really useful in hedging, at least balance my portfolio.
Hmm.. I wonder what are the 42 companies in your radar now... Mostly what sector in your radar? :P
For the 42 companies that in my radar quite mix, with different industries. My benchmark very reasonable, must be ROE above 10% in average for 10 years or higher than the industry average, EPS CAGR more than 10% or around 10%, PE that less than 10 (depend on industry), MOS more than 10% at least, Debt Ratio better than industry average, DY above industry average & etc
Then will look at the shareholders ratio, and also industry potential.
no one know, unless the trader. Ranhill buy back their share because their share is cheap now. If you look at Ranhill PE vs the industry average, u will know why Ranhill keep buying back, of course me too
in the utilities industry, ranhil PE is much more lower compare the peer, so, the company share buyback is a correct move, rather than buy back at high price
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....
Jeff7
356 posts
Posted by Jeff7 > 2020-10-02 15:13 | Report Abuse
thanks to trump kena covid-19, only have chance to accumulate more