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7 comment(s). Last comment by stockraider 2022-09-09 15:35
Posted by Tobby > 2022-09-08 00:38 | Report Abuse
To make a quick buck of course! Hihihaha! Yeah, bought some for contra but i think i will hold them as i think they will go up further!
Just avoid OnG stocks! Oil already hit a peak and only will go down further looking for new support!
At this point, i don't know how low oil will go! So why do i buy non OnG stocks now!
Because as oil gets cheaper, cost of production will too! Bourse been months ahead of the curve, will go up before investors realise what is happening!
Posted by Tobby > 2022-09-08 00:40 | Report Abuse
But i won't go big! Just 30% of my capital! Been 100% for a bit while now and after some hiatus, i saw some buying opportunity!
Look, i just want to make a small buck nowadays as markets are very unstable!
So i don't dare to share what stock to buy as i may sell them like lighting once i see this unravel!
Posted by Tobby > 2022-09-08 00:42 | Report Abuse
Oh, just dropping some clues what to buy, dont buy OnG stocks and also palm related ones! Go for stocks that benefit from dropping crude oil! Plenty of choice really!
As crude oil drop to new low, of course countries like Vietnam and Indonesia will ramp up their infrastructure development! Just a hint there!
Posted by Tobby > 2022-09-08 00:43 | Report Abuse
Inflation pressure will ease alot particularly in Asia! But for EU, the inflation pressure remain high! Same with US! So drop in oil price benefit Asia the most!
Posted by Tobby > 2022-09-09 14:34 | Report Abuse
As expected, Bank Negara rise interest rate! That's a big signal to buy stocks!
PLCs will have no choice but to rise capital from bursa! But they also need to get investors excited and jack up their stock price!
Posted by Tobby > 2022-09-09 14:34 | Report Abuse
So yeah, i am slowing buying more stocks!
Posted by stockraider > 2022-09-09 15:35 | Report Abuse
U buy stock for the right reasons....when it is worthwhile & have big margin of safety for u to invest mah!
U buy when price is depressed & not simply chase loh!
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Posted by Tobby > 2022-09-08 00:36 | Report Abuse
Investment!