Hi all; just need to ask for some advice. Actually, i am the "uncle" type of investors (fundamental type and NOT traders) - someone who is going to buy and then hold for long long time - maybe about 2+ years before selling. From my research - it appears Malton is deeply undervalued. TP is expected to be at RM1.80 (trading at about 55% discount to current price of RM1.00). Hence, for "uncle" investors - (not traders), do you think i should be concerned about the day to day market fluctuations? Like this morning - i saw Malton is trading at $0.95. Now, Malton is trading at RM1.00. Hence, do you think i should start loading now at Rm1.00? It is very hard to guess the market. For buyers, i definitely want the price to be low - but then, it is hard to guess when low is the lowest.
There bound to be contra players and price will surely drop back.. Regardless of how strong the Biz is. Well we can't fight trend and market force. Maybe can wait a while? My 2cent la.. But of course u buying fundamental so is safer.. Since u don mind the fluc.. By my fren used to tell me bursa doesn't hv many stocks called "for long term". Haha
YA,lots of project, gdv good, but no people buy how. I saw pavilion 2 and another tiny piece in seputeh. But no starting 8n construction. Not confident enough.
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....
kancs3118
2,225 posts
Posted by kancs3118 > 2014-04-10 11:01 | Report Abuse
ohh - which development is that???