Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
Monday will be down again as market is high volative. Covid 19 not yet stable and in fact on the peak at this moment! Especially on our country. Hopefully it will receed by end of this month. Thinking of go in again after cut lost.
I am looking to hold for at least 3 years. Looking for any cheap counter that have yield at least 10% now. And must have tons of cash in Bank to Survive. So far, I found this Mah Sing, E&O, Lotte Chemical Titan, Deleum,
At 0.31, mahsing Dividend yield coming close to 11%... Massive Landbank+1.1 bil cash in hand+ 25 bil total GDV+Good dividend record=Super Undervalued stock...So far one of the best undervalued property stock at tis Covid 19 level...
The property over hang will take est. More than 5 years to clear. So regardless of how undervalue it is. It will take 5 years to normalise. And start growth from sixth years onwards. Rm 1.50 is possbile but most probably 2030. If you have the holding power for 10 years. Sure you can make some money.
Posted by jackson88 > Mar 22, 2020 6:55 PM | Report Abuse
I am looking to hold for at least 3 years. Looking for any cheap counter that have yield at least 10% now. And must have tons of cash in Bank to Survive. So far, I found this Mah Sing, E&O, Lotte Chemical Titan, Deleum,
Posted by jackson88 > Mar 22, 2020 6:58 PM | Report Abuse
I am hoping to buy at 30sen and then sell RM1.50 in 5yrs time
Posted by jackson88 > Mar 24, 2020 4:03 PM | Report Abuse
I bought yesterday at 31.5sen yesterday (5000 lots). Not sure whether to sell it for a quick profit today ....34.5sen now
can't help myself to pick u up. it's a fascinating insight on human psychology at a given moment
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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....
nkk53
1,426 posts
Posted by nkk53 > 2020-02-21 09:37 | Report Abuse
When market is down,it turns into shits ,when sentiments turn positive,the shits become gold