juz take a look at daiman chart since the day it listed. probably a "safe" stock to keep, but super patient needed. another thing is u need to keep an eye on this counter, its mgmt is not keen to inform progress
this counter is long term keep. as your FD also keep for 3% but this counter can get 10%. why not to keep here? remember nothing impossible who know DAIMAN will be one of the top 10 share for future? we could not predict on any in future. in market share nothing call NO RISK. If not risk all no need working just stay at market enough.
Long term investment? For me it's about value, not about duration. it's about fundamentals. If value cheap, buy. If value expensive, sell. If share price haven't reached fair value, just hold. If it rises within one day to fair value, sell. I guess this way applies more to this counter. Now Iskandar is hot and Iskandar Waterfront IPO will be in a few months time (July?), could be a rerating catalysts for Iskandar related stocks.
Due to many followers, comment good one all up so it become speculators (so maybe nanyang news reporter can buy first before printing to public).. of course good concept u should take it. Don't follow news buy then safe.
coldeye strategy is to hold long term, at least 1 cycle. if u buy his recommendation and hope to make $ in short term, u r lucky if the market is hot, u will be proven too greedy when the market is cold - juz like now. also a number of his recommendation required frequent follow-up also - u may need to adjust yr holding from time to time.
no strategy is perfect, u don't need to be perfect to make $ either.
he said that based on daiman 15 years records and trend, u wanna know what exactly is it, go download daiman annual reports. it's pretty clear actually
for the above, it is best see how s'pore, indo, thai, towards developed nation like u.s, Europe, do they implement "No toll and Petrol Reduce.. Transport cost reduce, material price reduce, house price reduce, more land open tender"?? if they don't (or not up to the level like someone promise/told u), why is that?
if u don't find out this way, u may be shooting yr own feet by believing something that will not or should not happen.
be patient just relax, i believe on this counter a lot of project on iskandar. for that area i believe after election will be very major focus on there. In addition this counter revenue is good and stable http://www.daiman.com.my/overview_financial_highlight.html
plenty of good 2nd/3rd line counters have dropped significantly recently, some r really at very attractive price... try second session after 3pm, buy small and hold steady :)
GE13 is complete. johor is won under BN. sure they fully focus on iskandar to get more project to build up the opportunity for earn money. current holding government only able to invest either Kedah or Johor. the most hits now is johor. all which is fall under opposition for sure wont be support anymore that is make sense rite....
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....
Alfred Aun
1,139 posts
Posted by Alfred Aun > 2013-04-19 09:56 | Report Abuse
I think that definitely is not a wise investment to wait for more than 10 years just only for a counter. Because how many 10 years do you have? Right?