Good stocks but continuously very bad results for 2 quarters, both retails & property development sections also badly hit, now removed from radar monitor.... sigh...
Buy Q could be placed for psychology effect, overwhelming Buy or Sell Q may vanished all of a sudden. I've been looking at this counter but can't decide if it's the right time to come in, my concern is prop market still flat at this moment and consumer spending ain't positive. Any catalyst for this stock to propel upwards?
not break through 56.5cents today. Dangerous... wish not broken 55cents too. If not in technically saw deep pool are waiting us, Might be 52.+cents will be next stoper.
Value growth investing is not about quarterly earnings, price drop or market value decreases n others mistakes of judgement cause by bad news. It is already challenging to find a durable competitive advantage company, when it rains u should bring a biggest bucket n not a thimble! The very first point is to invest forever if u found one. It is quoted by Buffett, if u don't intend to invest n hold for 10 years, don't even think of holding for 10 minutes. Nowadays people are hunting for great formula, invented by so called Gurus! They think of beating d market, but in reality nobody tombstone is inscribed he beat d market! So many they even said Value investing is dead, but Uncle Buffett. Munger, Lynn are still alive n breathing!
Speculators in d stock market will only look out for good n bad news, hot stocks, quarterly earnings, bearish or bullish market sentiments, etc to be day traders or chartists. Most money manager ignore long-term investing. Portfolio changes every 3 months, just to try to beat d stock, but never beat d overall market n promote their fund. Many companies with strong economic MOAT are ignored because so boring. Anyway these impatient attitude will only transfer money to the those who are fully patience! Bye!
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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....
Winingguy
9 posts
Posted by Winingguy > 2016-05-03 10:41 | Report Abuse
Loveygramps no dare talk more