limited upside potential also means risk is lower, return is good and most important it is dividend share... worth to wait and hold....will never disappoint you....
I bought Padini stock in 2004. Until today I have never sold the stock. My return of investment(ROI) for 2004 stock is 424%.
I continue to buy Padini in 2009. The ROI for 2009 Padini stock is 189%. I never sold a single Padini stock. And then I continue to buy Padini in 2011. THE ROI for 2011 Padini stock is 40%.
Never sell a good stock. Please look at my blog and I will explain why Padini has strong economic fundamentals. http://malaysiaequityinvestment.com/
Nestle, Dutch Lady, AEON Credit, AEON, PBB and etc. Never sell any of this stock. The return is superior than investing in real estate of EPF or fix deposit.
If you want to hit CAGR of 20% for the next 10 years, I think buying Padini at RM1.65 will not reach your target. Please refer to my blog for more analysis. http://malaysiaequityinvestment.com/
Hey MalaysiaInvester, so what's the "ideal" price range to buy? Since the RSI is >70 now, which indicates "overbought"....the price might be on the high side.
Thanks for those sold out their shares..i can collect more now.. Seems like a lot of people thought that they get too much money than enough already..I collect since 0.99 until now still sayang to let go.. So sad that I m just a small investor..wasted that not enough capital to collect it time to time.. But lot of them are stressed and threatened by the selling trend..kekeke
Cheese, I m an investor only..I was a trader 4 years ag when I just join the share-investing game..follow trend..earned a lot..but lost even more..tot so good and smart,ended up all savings.. Had learnt d lessons..start being an investor from 0..just recapitalised last year..now earning safe profits..what a sad story..what a failure..haha
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....
wakarimas
1,043 posts
Posted by wakarimas > 2011-10-12 17:18 | Report Abuse
shit, i wanna buy this few day ago with 0.83, but couldn't get it. Now it goes to 1.02...........