sometimes , we need to be realistic... better play it safe , my frenz , overall market sentiment is poor , even this stock give u some goodies but others may not . when u calculate all the buys n sells , the difference if positive , then u may enjoy some sweets , otherwise it will be a total different story...
Taiwan guru who had worked in wall street said , buying share is not for long term but price related n definitely not value related. When market had gone up 1 time double the previous low at 800 pts , we should take caution. any moment the market will due for correction without any sign ? with the impending withdrawal of QE until mid 2014 , strengthening of USD, weak gold ,fuel n commodity prices , weak exports to countries like US , EU , Japan n China , the sudden increase in interest will dampen the already weak markets. With big corrections , only the stronger souls will prevail.
Lim. You do not need a Taiwanese to teach you to play shares la...after burning a few hundred thousand and few years in shares trading, you yourself also can be a guru. :)))
whatever it is , the price will determine the buyers or sellers not asset. It was totally illogical to equate assets with price of the day unless and until u sell the co by piece meal ?
Many factors determine the share price of a listed company. Among them earnings, the amount of dividend paid, integrity and capability of people in charge in the company, prospect of the company, assets owned by the company and whether it is on the radar screen of investors. You can now short sell Keck Seng (by borrowing shares from some body). I don't think any body is foolish enough to force Keck Seng shares down to RM 4.00 and below.
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....
Wowalk
110 posts
Posted by Wowalk > 2013-08-26 10:58 | Report Abuse
nanyang's newspaper estimated RM20.