SAM has a similar timing cycle with KESM. Except that KESM moves fast and furious from the top, the new highs whereas SAM will struggle from the bottom up. That shows new high is best strategy and lesser risk. It's an ironic issue for many to debate on. A cycle period of 2 mths + 21 days will more often than not, witness a reversal pt to up trending again to a brand new prosperous primary growth phase. SAM's turn to move can't be too far away from KESM, perhaps a week or 2 more.
That's the point, if Sam stinks like a haunted house, sure $5 or below one could get. But then you ask yourself, will you still buy it when it's at 5 just as will you still get the haunted bungalow even at 400k. It was a sarcastic reply to greatful, rock. Sam is my core holdings and will continue to add unless it emits stench of the haunted foul kind
Uncle SAM loves SAM so much so that he gives the aeroplane parts making biz to SAM. Uncle SAM will never award any of this biz to china co. to avoid his IP being stolen by the Chinese party.
So SAM's biz will certainly be on an explosive growth path n also shall deserves a high premium valuation.
Yes, tong kooi Ong listed Sam as his value pick for his portfolio due to undemanding valuations and strong order book and solid moat of high entry barriers.
very undemanding valuations but sometimes high price will deter some investors due to psychological reasons. Today was a good opportunity to buy especially those who were lucky to pick it up at 6.6X range. Solid company with orderbook for next few years settled.
In a Bearish market, fall in prices are aggravated by the lack of buyers being swarmed by eager sellers. Ask yourself, has the business prospects of Sam changed or is it that market sentiments have changed?
ayoyo i support ur statement i bought sam bcoz of it aviation sector(engine casing), the only one in malaysia and in sea. i'm waiting their new factoring expansion to be ready in 2017. i billion rm sales in the near future, why bother short term price fluction
Myr is trading at 4.15 which is a 4 month high for the ringgit. Export oriented stocks continue to come under pressure. I see no reason to panic. With the continued pressure on yuan and emerging markets currencies plus the risk of interest rate increases in US, any strengthening of the RM I feel is temporary
Export stocks which doesn't rely primarily on forex gains per se but has real moats or edge translated into increasing quarterly revenue should still be investable
Muscle, we know you have brawn but do show proof that you have brains too. Kindly enlighten us on your trading strategy, O Great One.
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....
Shachold Lim
24 posts
Posted by Shachold Lim > 2016-01-14 10:42 | Report Abuse
buy in ideal price? 7.2?