MBA case study of failing to react to changing mkt environment, govt/ health ministry regulations, student entry n loan criterias, increasing competition etc..???
Posted by kakijudi > Oct 7, 2013 06:50 PM | Report Abuse So what? I bought at 0.41? As long as I make money I'm happy.
It is not "so what"? Making more than 50% for Pelikan from 41 sen to 65 sen in a short time definitely is a great feat, an investment strategy which investors should follow. Especially you can make that kind of return with a company having heavy losses and owes banks hundreds of millions of debt. See, you have so many people idolizing you already. Please keep on sharing.
Yeah same thing will happen to MEGB. Last year 28m losses. Last two quarters already 30m, wow! Also “great” borrowings of 60m. Exactly the same story. 50% upside will bring its price to 65 sen. This is exactly the same movement of Pelikan. Buy, buy, buy!
Why the hell I am investing in my Dutch lady and BAT and have to wait for 26 years to get my 700% return? It is a wrong investment strategy man.
Posted by kakijudi > Sep 24, 2013 07:19 PM | Report Abuse Of course you can. If you compound your current gains of 8% per annum, in another 26 years you can achieve it. Lol
I can guarantee you that all this is not luck. I just do my homework. Ok now get back to investing in your Dutch lady and BAT
Just hold for now. It's on the trend to moving up. I hope tomorrow it can breakout weekly 20 MA ( about 0.480).If it can breakout this level,it will go further to about 0.60(weekly upper bolling bands).
Technically, it is not looking good for MEGB 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 0.37. Failure to find support at this level may accentuate the bearish move. The RSI indicator is giving a reading in the oversold region. This may indicate the price decline may be over-extended. The price and volume action at the 0.37 support level is to be monitored carefully.
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....
anbz
5,163 posts
Posted by anbz > 2013-09-13 15:54 | Report Abuse
par value = 20 cents...33cents kira ok lah kiki