looyee sifu, the penggoreng throw all the way down, I 1 lot 1 lot buy, eventually will get a few lots one. I dunno what's the bottom, drop more buy more, buy so little kennot die.
weather so hot, WTK FFB Mar up back, either Feb low due to CNY, or more & more tree matures and producing fruits. couple with rising price $$$ start coming in
Technically, it is not looking good for WTK as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. Though the price found support at the level of 1.23, it is prudent to observe whether this level can withstand any further downward pressure.
7 CLASSES OF WEALTH Posted on May 24, 2013 by Calvin Tan The Poverty or Wealth Status of The World’s People could be classified into 7 distinct groups:-
1) Those Who Live FROM DAY TO DAY
These are the people in the lowest rank of society. The daily wage worker, the roadside beggar and those trapped in habits of drug or gambling. Survival is a daily affair. Hardly any savings. No investment.
2) Those Who Live FROM PAY CHECK TO PAY CHECK.
These are worried for their monthly house installment or rent and car installment. Every month they try to make ends meet. Somtimes resorting to credit card to tide them over. There is some savings. Mostly in CPF or EPF. Some investment. Borrow for consumption.
3) Those Who Calculate their Net Worth From Year to Year
These are the Middle and Upper Middle Class. These invest in Stocks, Unit Trusts, gold, rental properties. They borrow not for consumption but for investment. To borrow to buy a high end car is to consume. Wealth is spent and gone forever.
The car price depreciates immediately after it leaves the showroom. The wise borrow to invest in real estate. As long as rental covers loan repayment — investment will appreciate over the years. They exercise self control and postpone gratification. The compounding wealth on rental gain and asset price increases will cause the rich to get richer. The poor remains poor because of their consumption mentality.
4) Those Who are Very Rich. Their Investments go into the Decades’
These invest Very Long Term. In fact their investment go into decades. Think of those who own Good Class Bungalows in Singapore. These are tightly held by the owners. Think of the investment mentality of Warren Buffett. He said that when he buys a stock he intends to hold it forever. Let’s look at 3 stocks which he bought:-
COCA COLA. This is the number one drink in the world. Coca Cola has the same taste for over a hundred years. No need to spend any money to improve or change its taste. Unlike computers and hand phones which need millions of dollars for constant upgrade in technology.
As soon as the latest iphone leaves the factory it soon becomes obsolete. While others have no rest day and night, Warren Buffet can rest on the laurels of COKE. Every time he gives a free interview on TV he holds up a can of Coca Cola in full view of billions.
Technically, it is not looking good for WTK as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. The recent downward movement in price has brought us to the technically important level of 1.23. Failure to find support at this level may accentuate the bearish move. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
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....
tksw
12,831 posts
Posted by tksw > 2016-04-20 16:41 | Report Abuse
yloon sifu, I Q 200 units until 198 , ask the penggoreng mali mali sell to me...