last week told you all to sell you dont want. now already break the pegnant trend, it's heading downward now. last chance to take profit or cut loss or you will have to sell at much lower price..
Back in 2007 when Magni acquired SIG (Garment manufacturing company), their share price was only about 0.48-0.50+. Today, the share price is about RM 4.67. That is a 934% return or 28.1% annualized return over 9 years. That is excluding all the special dividends awarded regularly over the years. Now there are 2 types of investors; one who focuses on buying and selling hoping to consistently profit from the ups and downs of the market and another who just buy once in 2007/08 and held it until today. Some of us are not intelligent enough to read the charts or time the market, but if they were to just hold on to this company due to increasing profits and dividends, they would have definitely made a very handsome returns. Let some of us choose our investment philosophy
Since I bought this stock long time ago, even though sometimes up and down slightly, it never disappointed me =D those seller these few days must be panic selling lol
Would Trump 'S trade policy of buy American first and hire American first affect this Contract Manufacturer for Nike? I hesitated to buy this counter due to this uncertainty. Any Sifu can help to clarify? Thanks.
Nike has more than 400 other manufacturers across the globe. Before Trump, apparels and shoes imports are already heavily taxed in the US. So raising taxes will not be much threat to Nike to bring back jobs. They pay peanuts to workers in 3rd world countries to manufacture vs paying USD, social benefits etc to workers in the US. Let us also not forget that Nike operates in a labour intensive industry. I am skeptical that Trump is able to bring jobs back. US citizens are definitely not open to being paid peanuts for such labour intensive jobs.
NIKE Definitely will not bring back their jobs , they will die. Who will buy from them if US people make all the goods? it's gonna sell at crazy prices. Also, if you dont import labour, you think other country will import your goods?
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....
Recklesscy
306 posts
Posted by Recklesscy > 2017-01-18 16:54 |
Post removed.Why?