Wait for the 1st and 2nd USA interest hike first. Let the cheerful, cheap, plentiful and easy money flow back to USA. There is no hurry, given Hovid's results are going to be the same the next 2 years quarter to quarter. 21 sen may be far fetched, but not too un-realistic too.
Thanks to those to whom I sold to at 50.5 sen. It was a blessing because while most of you are still dreaming (as of now lah) of 60sen TP to happen (it will happen lah, just that It will be in 2018), I already use the monies somewhere else and reach the TP of 65 sen, 2.5 months ago. Now, with the bourse mayhem, day to day, I am making $ even without dabbling into KLCI. Next 36 months, interest rates going to increase 2.5%-3.0% worldwide, so really KLCI is not of a concern going forward. We'll know is going down bit by bit. Heck, whole of ASIA/BRIC going the same direction.
pearlwhite, i also sold all last time...now buy back again. Seem like an opportunity to buy low, hopefully our index won't down any further but sustain or go up slow n steady..
Profit levels for next 8 quarters up to end 2017 going to be the same. All revenue increases due to strong USD offset by higher depreciation from new factory. Hovid has not explained the cost plus due to USD just yet. Anyway, with Bursa down day by day, 21 sen is a realistic number given the faltering economies of the east and bric.
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....
Howard
6 posts
Posted by Howard > 2015-08-12 14:23 | Report Abuse
keep or sell...