It is still sleeping but i will hold tight tight. No reason to sell. And it is too early to judge, just 1 week time after QR. Buy with ur reason. Sell with ur reason. :).
USDMYR on upward trend to break 4.4000 next monday due to better than expected payroll date. Export oriented stock should have another record PNL next quarter. With the increase in global uncertainties and 4 more US interest rate hike, USD will still remain as the bullish currency in 2016. Poh huat will definitely benefit from the currency gains on top of the increase in sales. WIN WIN situation.
Only eat dividend given by poHuat already huat huat. Don't even want to mention the TP which i think could easily hit till rm3 to 3.5 in 2 or 3 more qtrs.
Strong USD Weak RM Signs of recovery in US economy Monetary compensation from insurance So far boardroom is peaceful and harmony Shareholders slowly collect more
All the above factors are positive and good to Pohuat. Just can't think of one reason why i want to let go this gem.
Investing is a risky business, but give u the highest return. When d crowd say bullish or good news, u should be more skeptical. When d crowd say bearish or bad news, u should hold on to your principles n fundamentals. Stock market are there, for savvy investors to see when the crowd are doing foolish things. Now becz of fracking technology oil are everywhere, and gasoline price are still bearish. Maybe a crisis can happen, becz of cheap oil, before that it was expensive oil, now it is d opposite. Company related to oil are filing for bankruptcy, and almost 200 million are jobless in the US alone. So we cannot be so sure, the job data in US are good, GDP are increasing. So be well prepared, be skeptical and there are always things to worry about in investing. Temperament is crucial in investing, not high IQ, your heart need to take the volatility in 'Mr Market' irrational thinking.
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....
Jerry Jerry
1,586 posts
Posted by Jerry Jerry > 2016-01-08 15:30 | Report Abuse
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