US New home sales spiked 9.6 percent in January, jumping to a 5-1/2 year high,....yahoo....it will be good for latitud tree as most of the furniture sell in US........
eventhou result is good...but market sentiments is not good..a lot of company reporting good results.....also fall...ex :khind...reported 40sen eps for whole last year also drop drastic today.....
I always like to do my shopping during sale, I will ensure I buy the expensive one at 70% discount. This is called value shopping.
I also like to buy share when there is a cheap sale like last 2 days. I really happy to buy those stocks I missed out in last rally. Thanks god, I catch most of them yesterday. I will continue to shop for cheap sale in next few days.
One very important question, will stock market crash or not ? I do not know and I do not wish to think about it because it is not within my control. To me, the stock market is always very difficult to crash, the probability is always very low. How many crash we can see in our life ? We can count using our fingers. It means it is very rare.
The best scenario to buy is when the market is in correction mode. You can get the best bargain. I will buy if the price drops further.
Dont be sure about that....As latitude tree result is good for Q1 & Q2 ...total - 34 cents.....but Latitud's business is moderately affected by seasonality, one would expect its Q3 & Q4 results (Jan-Jun) to be weaker......
Please bear in mind that the latitude share prices had run up more than 100% since November 2013 ..less than 3 month.....with the share prices approaching margin of safety....
How fast the share price growth shouldn't be a concern, good counter with quick growth in share price, reasonable ma...we should be more alert of how much the counter worth and what is its value (present and future), right guys?
I won't be concern if prices already run 100% or more. The low of 60cts is simply unreal in the first place. When it was 60cts the company net asset backing was $2. Now it is $2.78 NAB and price is $2.52. With such earnings, the fundamental shld exert itself and translate to higher price. If it doesn't, then it's opportunity to add to yr holdings. Under cash flow, "net cash generated under normal operating activities" was $42.2mio. Lat3 is generating cash faster than printing machine. This shld translate to very,very good credit ratings. Banks will line up to lend at lower rate shld company need fundings to expand with merger or acquisition.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
weechin53
1,070 posts
Posted by weechin53 > 2014-02-21 17:30 | Report Abuse
good or bad?