This is repeat of last downtrend when reached 1.55, after market back to normal, it slowly up to 1.6, 1.7 and 1.8. It will repeat the same again. The different now, we have CNY coming, then after CNY report will out and then promote to mainboard.
But at 1.55 now, i compare mmsv with masteel, both have the same price tag. Should i accumulate masteel (ave 1.58) or enter mmsv (ave 1.55)?
Masteel will hve bonus 1:3 ex date 12th feb and insider keep buying. after ex date price will be 25% less around 1.16 based on current price. Earning forecast >25m.
Which will you choose, mmsv or masteel? (if only hve to pick one)
SuperPanda i think you are too optimistic . Ok , i am not trying to scare any people now, but from what i've learned, i think i saw a pattern which is a bad pattern. I think not only MMSV but the whole market will continue go down and there may be a market crash soon.
Amid the global equities market bloodbath, the wisdom of Warren Buffet can be found in his following comment: "To refer to a personal taste of mine, I'm going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the 'Hallelujah Chorus' in the Buffet household. When hamburgers go up in price, we weep. For most people, it's the same with everything in life they will be buying - except stocks. When stocks go down and you can get more for your money, people don't like them anymore."
It wont be a market crash, it is a healthy correction instead, because globally by measuring using VIX Index, its already indicated that volatility in short term remains low, but sentiments wise and bond yields rising lead the market to correct, because overall, especially technology related giant stocks are over valuation, so correction is a must.
Meanwhile, as long market there is a growth in terms of GDP and earnings, unlikely it will come to a recession. However, as mentioned earlier, due to market has reached for higher P/E and higher valuation, there is no cheap stocks in the market, and hence, strategy wise will need to depend on value-investing approach. As long as there is still a growth in the market, companies will follow suit, but this year, definitely market upside is there, but limited, and no easy money could be earned because expecting a lot of volatility due to sentiments changed especially in Europe, United Kingdom (Brexit), Federal Government in United States for the rate hike, Tax Haul of Trump's President, and the policy of Trump of the "American First".
Samsung to begin investing in second semiconductor chip line
(Reuters) – Samsung Electronics has decided to begin investment to build a second memory chip line at its Pyeongtaek production facilities in South Korea, Yonhap news agency reported on Wednesday.
Chipmakers are investing heavily to meet booming demand for semiconductors and Samsung said last year it planned to invest 30 trillion won ($27.63 billion) in its Pyeongtaek factory by 2021 to expand capacity.
stevenkau yea, maybe you're right but still i prefer to sell all my stock right now and hold some cash because i believe there will be a crash , and i will collect at lower and lower point
aiinvestor, yea, this is what I referred to, of course market still being affected by sentiments, but do agree that semiconductor may come back, just certain supply chain related companies valuation remain high, might need timing.. the next theme of technology may come from video game (AI), which requires the usage of semiconductor, so this will be the continuous earnings to be convinced..
as per today, in my watchlist, comparison between mmsv and masteel after DJI crash, masteel did rebound faster.
mmsv : lowest = 1.46 current price = 1.53 var = 7 cents current vol = 118K
masteel : lowest = 1.44 current price = 1.58 var = 14 cents current vol = 2.37m
not to underestimate mmsv potential, just to share my view, when market down, selecting the best stock is important for short trade, but of course it is not always easy and subject to many variables
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....
Meowyx
342 posts
Posted by Meowyx > 2018-02-06 09:46 | Report Abuse
Tmr will be worse , sell first
this week is cursed