Yistock! I notice you invest in Asiabio, Instaco, and Cuspaci! Not a good strategy! You better put large sum to SURE counters like Myeg, SKPetro etc! Risky ones only small portion of your capital! Just a friendly advise!
Fortunebull, Thank you for your advice...I'm pretty fine so far...i didnt time the market like you.. and i dont enter the counter because of low price or small cap either....i buy based on what i read from company announcement plus from business perspective...more importantly is i invest for long term... so far no missed yet...anyway...got mental preparation too for maximum 100% loss..:-)
I saw it too at Texas Chicken Singapore.... have faith in it... they are changing their business model to recurring model. If you think KFC is cash cow, Cuscapi will be too coz they are collecting cash for KFC....
have no plan to sell any but will buy more when price fall lower...didnt buy enough before when it was low...the impact from REV will only come in earliest in 2014 if you have follow up the company development closely...the materialization part is always take time as the M&A plus new market penetration always incur higher operating expenses..
Lee, i view it as pretty normal for businesses like what have been through for my business life. I remember when i open an outlet in a new state with mass public have "0" knowledge about us..the operating cost and marketing expenses were extremely high..New set up, new people, new advertisement...etc...One consider "very lucky" if you can breakeven for the first 1 year. (for new business owner, easily 3 - 5 years). You have current good clientale, good product and good technology and these are good "testimonial" to new market compared to new business setup. However, It still take time for new market to know your product, your brand, your people and etc.. But with good testimonial and track record, you tend to concur the new market faster..
Back to cuscapi, i'm quite understandable of where the losses come from and i'm aware that it is very logic...I'm pretty impressed that the growth in China market is tremendous quarter over quarter..at least Cuscapi is doing what they promise during their fund raising exercise..Theirs presence in china is getting significant and there should be a big U Turn to both the Top Line & Bottom Line earliest the 1st or 2nd quarter of 2014
Having spoke to many old friends who travel to china very frequently...the environment of doing business is no longer like 20 years ago...it is much professional environment now and integrity and human resources are way more advance compared to many countries including here..The population is set to increase another 20% with the new child policy..
I have been following closely on their company performance quarter over quarter, I give an "on-track" to their progress so far..given them some special allowance of time to materialize the product and program to build recurring income.
Lee, i seriously miss those day when i bought the share at half of current price...sometime panic seller / speculators just be there and offer cheap buying price...we just sit back and relax and collect more and cheaper ticket...They just dont understand that share investment is all about "eating cheap ticket of growth company"..and then see how much the ticket "worth" in later day..
Cherry...i assure you many didnt open the report and read word by word...not even say to bring out all the report to re visit them again...merely just buy the share for the sake of buying shares...
Yi...i have learn something from you today. haha! because many ppl tend to focus more on the day to day price thats why they dont even bother wads the company is doing
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....
YiStock
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Posted by YiStock > 2013-11-20 15:08 | Report Abuse
Better not to be related to government if you are capable to go oversea for bigger market share compared to 28 million population..