One year ago, DJ was at 14,000 at beginning of year 2013 and it went up to 16,500 in the end of year. Hence, down for a couple of hundred points is normal. So please do not frighten the other investors.
Yes I agree with you is old man share counters will not drop much but most of these counters are self play counters.
Most Living Organism has 90% body. When a baby is born he has within his body 78% water. A man has 60% water content in his body constitution.
His brain & heart compose of 73% water. The lungs are 83% water Skin has 64% water Muscles & kidney 79% water Even the bones are watery with 31% water.
Water in his blood help to transport nutrients to all parts of the body Water also enables the transport of waste and discharge as faeces or urine
Water is ESSENTIAL TO LIFE ON PLANET EARTH. As Long As Man Exists Man Needs Water. As Water IS A NECESSITY. Even IF DOW JONES CRASHED TO ZER0 (Of course it's impossible)
PBA Will Still SURVIVE!
Note: An Adult Man Has 60% Water
An Adult Female Has 55% Water. A grown female has less water but more Fat than man. That's why weight gain for women in older age is quite a nuisance to some. They go for slimming course.
One Secret of keeping fat at bay is to eat DARK CHOCOLATE. TUDOR GOLD DARK CHOCOLATE Has 55% Genuine Cocoa Content.
Cocoa is Anti Fat. Cocoa or Dark Chocolate help to reduce weight loss. Another 2 recession proof stocks are PM Corp & MUI Berhad which own 70% PM Corp.
PM Corp Manufactures The High Quality TUDOR GOLD & TANGO CHOCOLATES
Now On Offer In Giant Supermarket
TUDOR GOLD 200gm Milk Chocolate with 29% Cocoa content Is Going for
ONLY RM6.98 NOW! Go And Get Some Today For Good Health.
Safe but you will make more if you can buy PBA on weakness below Rm1.15 to 85 cents. Always try to buy low. Once share prices fly away like Silk, datasonic, TN Logis, Takaful, Iris, Hap Seng, Ho Hup, GHL, AeonCredit or others in Bubble Territories DON'T CHASE ANYMORE.
Better keep Cash and Wait. Warren Buffet wait stoically for ages until share price he likes CRASHED!! Then he went in and SCOOP UP! And when shares go into OVERVALUATION he COMPLETELY SOLD ALL.
Return OF capital is more important than return ON capital for Year 2014.
1) Shun all underperforming shares that is not on Research House Radar.
2) Once a share move by price rise, volume & rumour. They chase it Up Up Up And Goes Into Bubble Territories. Still Chasing And Chasing Until "SUDDEN CRASH!"
3) They Don't Know That The Greatest Enemy Lies Within Themselves. The FEAR & GREED In Them Is Their GREATEST ENEMY!
They Buy When Everybody Had Bought.. Then Sell When Everybody Had Already Sold.
No! No! No! A Thousand Times No.
The Time To Buy Is When NOBODY BUY. And The Time To Sell Is When EVERY BODY Is Buying
That with due respect to you calvintaneng I dont agree with your view on PBA reason it is a fundamental stock and with good management and the earning are good to. Uh around 1.17 is nothing wrong but must have holding power .To my opinion if you discover gem go for it the risk are limited and we don't have to worry
I think Pradeep is correct. PBA might not retrace much as it has only gone up a little. It might also go up substantially like Silk. You see, there is A STAMPEDE INTO THE SAFETY OF FUNDAMENTAL STOCKS!
Can it break the old time High 1.23? No break, no show. If it stil cant break it, becareful, it will dip further. I will only bot if it stays above 1.23.
1) PBA Being A Monopoly Has The Strongest InBuilt Defense Against Any Downturn 2) PBA Distributes WATER - A Non-Cyclical Commodity. Business is constant. 3) PBA Has Pricing Power To Deflate Losses. Can Increase Price Anytime.
Possible Upside
1) The Opening of Batu Kawan With IKEA & Others Will Be The Greater Penang For Growth. 2) PBA Has Raised Water Tariff To Increase Revenue & Profit
So PBA Is A Safe Buy With A Potential For Price Appreciation.
There Are Very Few Counters Like PBA That Can Withstand The Onslaught Against A SWEEPING FINANCIAL TSUNAMI ENVELOPING THE WHOLE WORLD!
Been thinking about your question, "PBA market just only at Penang, how far it can go? For Year 2014 the question should be, "Which counter in KLSE will lose less in a Market Crash?"
You see when the Dot Come Bubble Finally Burst - Both Australia & Warren Buffet escaped unscathed.
Australia did badly during the Hey Day of the Dot Com Mania because Australia was into mining & agriculture. So Australia escaped the subsequent Crash of the NASDAQ. For Warren Buffet - share holders of Berkshire Hathaway blamed him for missing the spectacular gain of Internet Related Stocks. But Warren came out the winner finally when NASDAQ COLLAPSED..
Warren could not buy what he doesn't understand - like the Dot Com Frenzy.
PBA did not rise much like Puncak or KPS or other High Flying Shares of 2013. Since PBA did not participate in the euphoria and "madness" of Year 2013 - PBA should do better in Year 2014.
Gua sudah suka sama Master Calvin, dia punya buy call sangat cun. Ini macam abang tukar kung fu master dah, tak mau loyah punya seafood, gua mau guru sekali tampar, coma terus kawan. Hahahaha, abang Master Calvin kaw taw sama lu, tumpang belajar dragon kick.
FROM RHBINVEST PBA may scale higher after printing a new 52-week high. A trader may purchase the stock if it stays above MYR1.15, with a close below MYR1.10 as a stop-loss. The price target is MYR1.30 if the MYR1.20 resistance is broken. However, note that the stock could trend sideways if it fails to stay above MYR1.15, while strong support is at MYR1.00.
i bought at 89 cts last year and seing more than 30 pct capital gain already, In Jan , i was a bit scared because there was 1 article abt old under ground piping with leaks, The cost of repair may hurt PBA. I bought PBA because i live in Pg and the amount of new houses being build and being occupied is unreal. With increased revenue, i associate it with increased profit....thats the main reason i bought this share.No regret till now..
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....
winner99
20 posts
Posted by winner99 > 2014-01-23 14:58 | Report Abuse
Thank you Pradeep. Wish you get big Ang Pow this CNY and all the best to you.