better sell this pump and dump and go back to safety of palm oil 22/09/2022 10:08 AM
Yes Sifu Calvin.. Mabel is still investing in Plantation and as part of Mabel's Value Investing Collection..
Despite current volatility, Sarawak, Indonesia, Thailand and Singapore based Plantation managed to stay on course. As a shareholder, Mabel feel we are not well treated by Felda after giving tremendous support and loyalty to this Plantation. So Mabel decided to sell off all FGV holding due to Felda unfriendly attitude. However, Mabel remain invested in other better Plantations in Malaysia, Singapore, Indonesia and Thailand. Some in the Case of Indonesia Golden Agri Plantation, Mabel also invested in their Sukuk...
Still over yr head kicking around this bubbly bubble?
It was a bubble 1.50/1.60 a few days ago, it is a bigger bubble today at 1.80.
Once popped, half yr money gone. It will stabilise at below 1.00.
Now let sifu here wake you up and bring you back down to earth.
You see manipulation-free true tech counter greatec. Nasdaq down in june, nasdaq rebounded in july n aug, n nasdaq came down to near that june low now. Greatec followed accordingly 3.40 to 4.00 n back to 3.40. Next nasdaq will break that june low.
Stay away from this bubbly bubble sfptech. What were you thinking when you went in n pay 6x of its ipo price 3 months later after listing. If it is worth that much why would they priced it at 30 cents? This bubble will pop at any moment n take you down with it.
Markets worldwide have sold off with another rate hike of 0.75% 2 days back. The Fed has pledged to tame inflation aggressively even if it were to lead to economic pain.
Any decision to buy or sell should be based on 20 days Moving Averages. Just watch out for Dow Jones support level at 29,000. Nasdaq support level is at 10,500 while S&P support will be 3,600. More major sell off is expected once these support is broken..
Here’s another view coming from Goldman Sachs strategist David Kostin.
Resetting expectations: "The forward paths of inflation, economic growth, interest rates, earnings, and valuations are all in flux more than usual with a wider distribution of potential outcomes,”
On that note, the bank slashed its year-end target for the S&P 500 to 3,600 from 4,300, and said the benchmark could even fall to as low as 3,150 in the event of a serious recession.
THE CREATIVE GOOD BOSS RUN EVERY BUSINESS,.......IT EXCEL,........SAME TO SFP,.......
LOOK AT LOTUS , SOLD 51% TO GEELY FOR US51MIL. FEW YEARS AGO,........TODAY IT IS WORTH MORE THAN US4BIL. ,.......GOING TO BE LISTED IN NASDAQ SOON,......
Abba84, how did u calculate SFP PE at 90x. This company profit for the last 2 QR is at 15.2 mil. If SPF could replicate the same performance for the next 2 QR, their PE was only 35x given the current price at 1.78. It's not everrated for a tech company. But, this company should generated more revenue and profit from their IPO's. So, SFP has a very good and bright future prospect.. TP RM 4???
apple share price from usd0.17 increase to 6 fold usd1.16 he sold it for a profit...later apple share increase to usd179...he regret he sold it too fast...STAY IN LONGER...ur gal fren will enjoy it MORE...
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....
Mabel
24,226 posts
Posted by Mabel > 2022-09-22 17:24 | Report Abuse
#calvintaneng Mabel
better sell this pump and dump and go back to safety of palm oil
22/09/2022 10:08 AM
Yes Sifu Calvin.. Mabel is still investing in Plantation and as part of Mabel's Value Investing Collection..
Despite current volatility, Sarawak, Indonesia, Thailand and Singapore based Plantation managed to stay on course. As a shareholder, Mabel feel we are not well treated by Felda after giving tremendous support and loyalty to this Plantation. So Mabel decided to sell off all FGV holding due to Felda unfriendly attitude. However, Mabel remain invested in other better Plantations in Malaysia, Singapore, Indonesia and Thailand. Some in the Case of Indonesia Golden Agri Plantation, Mabel also invested in their Sukuk...
To Our Plantation!
Mabel Farmeow..