tanahchew - I did not know GDEX well enough. If you need and plan to invest I urge you better spend your own time and study the company background and their management team. The more you know the more confidence you have with where you invest your money.
From the quick read. It sound like FedEx :-) You need to understand who the competitor and how the competitor impact their earning and etc. I trust you will find some idea whether this is the counter you will invest it soon or later.
Another thing, I have seen many people invest in too many counter and some time lost focus and can't be monitor all their counter from time t time.
The rules is simple once you find one counter that fit all your criteria; strong fundamental; good business strategy and good management then what you need to do is two things. 1. Keep on buying from time to time especially when they are low in price (don't ask me what whether now the right time to buy :-) You should define what the right price for you.
2. Be patience and wait for it time. REMEMBER: Every good counter will definitely have it time to shine. Also have it time to make correction. So time is the key.
no problem at all tanahchew. Everyone here to share and help each other to make profit long term. I don't recommend and go for short term. Shortcut most of the time does not help. Later you will find out you take longer path and yet not making any good money.
PoweWk long term approach is right. Learnt this the hard way. Mental strength needed. When see price move up, always cannot resist to sell and take profit regardless of good quality stocks or not. Common problem.
1. I'm one of them that accumulate more at 1.9x :-) 2. RSI can get higher :-) don't get me wrong RSI is good indicator too. But RSI does not work for long term investor. Short term player yes!!
1. Padini is one of my top portfolio but I do have other which I treat them equally important in my portfolio (i.e. Mflour and other) 2. You are wrong. I start buying since 1.1x :-) So I have accumulate all sort of price. 1.2x / 1.3x/ 1.4x/1.6x/1.7x/1.8x and today 1.9x I treat this as my retirement saving :-) so far way better than EPF and of course FD. I did the same for MFlour..... hehehe..... The next I will accumulate is IOIPG. We can definitely have a check point after one year and see how this counter doing. Who know I'm wrong hehehe....
Note: Use my portfolio as reference only. You should see if your risk level is the same as me. Also you need to have a habit of long term investment in mind. If you can't control yourself and tempted to sell at high price PLUS scare to buy when it down then most likely you never buy back and that why a lot of folks miss the opportunity. They keep on waiting the so called GOOD price to enter the market.
Hi Powerwk, may i know why u chose Mflour? Mflour is controlled by SM who is Jaguh kampung with lot of help from government. From what i c, the revenue for Mflour is increasing for this few years but net profit margin is contracting. I would prefer, Federal Flour, a subsidiary of PPB if given a choice.
TonsilBasher - that does not matter and its normal. But they also loss the capital gain (provided the share price move up). They may be lucky if the share price move down so they buy back. But they need time to monitor it from time to time and worry this and that.
We (long term) investor will sit and relax for long term as well :-)
benson911 - that one of the reason I buy MFlour (help from government!!!). If you are working folks or have your own business where some of your hard earn money goes? The answer is Income tax, that mean go into who pocket? The answer is government. How to get back some our hard earn money from them? The answer, no way unless you do something. So buy and invest in government related linked counter help :-) There are so many such government link counter why choose MFlour? First, I like consumer product. Second unless people don't eat and use flour at all :-) it almost impossible I know they can choose other flour company but I will end up in low risk. Third base on their past historical data the company are slowly up (again may be because of the government help, YES using our money) and NOW I just take back what it belong to me from the beginning.
Hope some of the comment and sharing above make sense to you. I don't expect everyone agree in that.
Last, so sorry we should not mention other counter in Padini forum :-) Please forgive me.
No problem for sharing. But use my comments with care :-) always there are other comment differently. A straight forward example is your comment may be different from mine already.
@halo - I will but you need to know the reason its goes lower. I would not just say yes blindly. If the stock goes lower because of the panic selling due to war... global economy then absolutely I will buy from those that throw. If the share price goes lower because of bad management and bad business strategy then of course not. If I still say yes then don't even listen use my advice and suggestion as reference :-)
Hope that help.
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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....
Christine Lee
65 posts
Posted by Christine Lee > 2014-03-12 12:29 | Report Abuse
hi bro and sis,
dividend of 2.5 cents per share means how much