KLSE (MYR): WCEHB (3565)
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Last Price
0.785
Today's Change
0.00 (0.00%)
Day's Change
0.78 - 0.79
Trading Volume
417,200
2024-11-21
2024-11-21
2024-11-19
2024-11-19
2024-11-19
2024-11-19
chongyo
114 posts
Posted by chongyo > 2017-08-09 19:57 | Report Abuse
LearnFromMistake, How do you arrive at fair price of $1.25 ? Pls share your calculation.
None of the self proclaimed "experts" can actually get it right all the time. Don't waste time to fish the bottom because the bottom is not known to anybody.
Stock market pricing is so dynamic and depend on whole lots of factors, both domestic and international and sometime beyond fundamental. You will agree if you are long enough in the market.
Just buy when you feel it is right.
When people sold down WCE to below $0.90, I continued picking up considerable volume between %0.84 to $0.90. At that point of time, some "expert" predicted that it would go down to $0.70 as the future of the company was in doubt. Should I have listened to the "expert's" advise to wait for $0.70, I would hate myself. Fortunately, I trusted myself.
The company is in much more solid footing now. There is continuous flow of earning from Rimbayu and expressway construction while waiting for the toll revenue to kick in 1 to 1.5 years from now.
I learnt from mistake NOT TRYING TO MAKE THE LAST DOLLAR from the market. Have you Learn From Mistake ?
No hard feeling. May be there is really something you know that I don't.