Hotstuff. Generally bat investor is medium or long term. Just feel wrong time to buy. What is we can do? Not our fault. Political situation suddenly change then oil price war then covid 19 spread. No mistake kena 3 time hit.
Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM50 drop to RM25,followed RM25 drop to RM10, followed RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom..
decided to park all my available fund here !! 10.72 to 10.80 main bulk is from me !!! Got to go back Australia as my wife already bising to return back Brisbane. I shall return before Xmas and wish to see BAT @RM20.00 ...
Delay until the stop work order period. Possible all egm & agm be postponed as well during this period or maybe extended until April/May if situation still not improved by then. Topsy turvy 2020.
Roche has developed vaccines for Covid-19. Presently under testing and approval by FDA. Very likely this pandemic will soon be history and once again business will be back as usual. Let us pray hard this will be the eventual outcome for our human race and let us learn from this painful episode of this century and be mindful always.
China has tested Japanese drug (a cure) for Corona (not vaccine). Important part is China has patent rights----can commence large scale production. This Japanese Flu drug already in production ( in Japan) But Not large scale
What was too cheap last week is too expensive today. Study the world market and decide. Its ur money. Guess tomoro u will realise. All the best but I cut loss as I cant lose anymore
I had 10k of BAT. Bght at 16.30 sold at RM13.02. Lost more than RM30k. I dont regret as 2 moro is showtime. Oil is down 15% and Dow Jones is 6% down. I can sleep peacefully now. Gnite all.
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....
Investman1981
128 posts
Posted by Investman1981 > 2020-03-13 10:41 | Report Abuse
Even good dividend but still keep dropping. No worth