NAZRIN93: while "buy when everyone is afraid" is partially true, personally for me it is only true for stocks that have been listed for a few years in the market.
Mabel Both TalamT and Asiapac as well as Asb are asset plays
Asset play is one of 6th type of stocks recommended by Sifu Peter Lynch
As the name implies these have asset value far more than current share price
And buy them because there are catalysts that unlock their value
TalamT got Seroja in Dengkil. Ecrl will pass by Putrajaya Asiapac got 400 acres land in Labu. Near bangi where there is a Ecrl station
For Asb it will sell it's shah Alam land for rm124 millions which will bring in 8.3 sen net profit. This is more than 50% of current share price of 14.5 sen. I think asb will have it's AGM on June 28 in it's shah Alam land.
Anyone on Kl or Selangor can buy some Asb and then attend AGM at 72 persiratan jubli Perak, section 22, shah Alam
All can see first hand the beautiful asset bought by asb for only Rm31 millions and sold for rm124 millions which will bring in 12 sen cash and the profit is 8.3 sen which shows an excellent profit of 8.3 sen net
All these people like Calvintaneng talking cock and bull story. He is just like a salesman doing hard sell to promote his recommended counters. If he is damm good he don't have to do hard selling by going into thread after threads to do promotion.
there is 1 retard name calvintaneng that everyday bash those counter that go up is a trap, in fact all his call like t7, destini, talam all holland and trap his followers like mad
@sooaria Mabel : Greatec 0.935 now What's happening?
In addition to T+2, we are experiencing a pull back after experience 4 consecutive days of uptrend since the IPO.
The term pullback is usually applied to pricing drops that are relatively short - for example, a few consecutive sessions - before the uptrend resumes.
Generally, when I miss the train in the earlier station, I tend to wait for this pullback. Once it breaks this pullback it will move up. For those that are already holding, your resiliency is dependence on your entry price. Hence take some calculated risk. For those that has miss the train, it’s an opportunity to get in.
Like I said in my earlier post, anything less than RM 1.50...No feel. Hence, I’m in for a long term and please read the valuation that I posted last night.
HantuKopi : i think you are right, those late come that buy a day after that will also come very soon. Mabel : the next station to get in , will be start with 0.8 ++ , i think
Calvin said Pantech very stable like reit , that why needs wait , next coming 2 quarters should be good, and then people will chase like hot cakes ( i think that what Calvin meant ) Most probably Calvin buy a lot now, as still cheap, and when close to the next 2 quarters, then Clavin will write more write up and then people chase high, and we smile smile, and we sell high. If you analyse Calvin write up, most of the time it is like this. lol
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....
NAZRIN93
94 posts
Posted by NAZRIN93 > 2019-06-20 08:59 | Report Abuse
buy when everyone is afraid?