The market will always test your patience. Happens to me all the time, it will trend sideway or even downward for a while until you can't take it anymore and is tempted to leave but if you have stayed longer, just a little longer, you'll be handsomely rewarded. You can actually traon your patience, i think it acts like a muscle and your patience gets better the longer you're in the game. By the way, the company has got quick and great investor relations service. I asked about my annual report delivery status yesterday (5pm), received an email this morning that rectified all the problems.
I would take on margin to sapu your shares if we are at the middle of end of a bear market, however, buying on margin on an old bull market is just not my thing. Wait for other taikors la :)
It seems like that the company has been losing momentum since the younger brother taking over his elder sister. The company has been sleeping with no new launches since he has come on board. This may also explain why the share price can hardly move up. Not much media coverage at all when the company has recently achieved record annual profit. Simply not comparable to the sister. Sigh.... Maybe the sister should come back to drive the company to greater heights....
Tigerbeer, don't know how much it will drop lor, but I think there will be one more round for L&G to rise before the ex-date, retracement is a good chance to accumulate more
Robbie, let me take a guess, you bought recently at a higher price izzit???? Relax, this is a good stock, today is a down day, accumulate and average down your buying price. Wish you luck.
apparently u are a only look at a time frame of few weeks...since starting of the year to then the share increases almost 50%....when the profit of the company is increased by so much plus first dividend since so many year....then u criticize the CEO is not doing anything? so funny of you.....just go to PDZ, sumatec, Glotec or other price highly fluctuated stocks to TRADE instead...which u think their CEOs are so busy to make "things" happened...cheer~
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....
steveooikp
4,689 posts
Posted by steveooikp > 2014-09-12 10:55 | Report Abuse
L&G.... can up to RM 1 .... for sure.... good prospect....