Service based business has a great modal. Be it providing software or education, the business is still running. That's how i got into PRESBHD and SCICOM in the past, that's the reason why I almost all in for SMRT and SMRT-WA.
Just hold, if drop buy, that is all, anything below my calling price is considered cheap
REMEMBER :
1. MAIN MARKET TRANSFER - LONG AWAITED YET HAVE NOT COME - THIS WILL ATTRACT MORE FUNDS TO BUY 2. MEGB ACQUISITION - TO BE FINALISED ON 24 DEC, POSSIBLY A CHRISTMAS EVE PRESENT? 3. PRO-ELT CONTRACT - TO BE ANNOUNCED NEXT YEAR, THIS WILL UPLIFT SMRT for another 40cents (forecasted by CIMB) 4. Synergistic acquisition in MEGB will have cost savings and increase more revenue to SMRT 5. Brahmal selling - Noticed that Brahmal could not and will not sell his shares at the peak, he exited UZMA and it rallied after that, he exited IFCA and it rallied too, he exited OLDTOWN, and it rallied, he exited MYEG, and now MYEG continue strongly
investors will realize in mass later that the drop in oil price is primarily due to oversupply, period. economy is still good with stable consumption if not better consumption since lower energy price will allow consumers to have more disposable income... its basic.... those who think the economy is crashing because oil is dragging the economy should think again... let's not be foolish... the lower the oil price, the better the economic numbers... primarily driven by retail sales.
@smurfbee, Agreed with your comment on oil price. Oil price rise is benefit to those oil related company and oil net export country, but oil price plunged is benefit to all sectors.
Maybe other with different opinion, lets share at here with manner way. :-)
Something seriously wrong with our KLSE.......down trend !!! even all Asian and US sows green, t will show red.It only knows south !! Lack of buyers ??
Read properly. Aborted plan to sell properties to MEGB CEO Siva Kumar, not SMRT. And that's because valuer valued the properties at RM110m whereas SK offered only RM75m.
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....
seerongzhi
34 posts
Posted by seerongzhi > 2014-12-09 19:53 | Report Abuse
Service based business has a great modal. Be it providing software or education, the business is still running. That's how i got into PRESBHD and SCICOM in the past, that's the reason why I almost all in for SMRT and SMRT-WA.