that wat i mean ,sell high n wait for consolidation n buy back for cheaper price to multiplied ur return . if padini drop till rm 1 will u hold ? if u buy 1.80 ... lose 44.5% . will u hold ?
my fren demonstrate his history for me, he bought rm1 avrg price, hold until nw, although from rm2.40 drop to even 1.6x, he is still holding, y? he say, u shud not oly see the price gain, he nw gt div of 8cent pa, which mean 8% for him every year, and it is still growing, expected in future cn hit 10%. tis is the power of holding... if a share price drop from 1.8 to rm1 definitely it is a goreng stock or the company faces problems such as turn profit to loss or financial irregularities and so on. for fundamental strong stock,u r reli hard to find a stock tat may drop from rm1.8 to rm1...
and he oso demonstrate an example for me, if u buy padini 10 years ago, after split n watever, ur DY is 100% of ur capital, can u imagine it?
and a simple case, u use 20k to establish a business and the business help u generate income of 2k per month, one day a man come and offer 30k to acquire ur business, for short term u will saw the 10k is attractive, but u 4gt about the long term, every month 2k...in tis case maybe u cn see clearly n u wont sell ur business, but in terms of stocks, ppl easily fall into capital gain instead of doing business... actually the real meaning of buying share is u bcum the boss of tat company...lol...
however there are many types of player in stock market, as long as can gain den u r the winner~~~
i think there is some surprise from report...let us see next week....if report good, i think i maybe change strategy for long hold...bcz my noob TA told me rm3 in this year.... (noob TA only)lol
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....
Knavi
376 posts
Posted by Knavi > 2013-05-17 14:34 | Report Abuse
grab b4 fly further?