It's better to a spectator for now. No advantage in holding any new counters over the Raya holidays. Keep the gunpowder unused and wait for a better time.
True, the downtrend is the bigger issue. No matter how good a company is perceived to be, and despite dividends, it's no fun seeing our counter losing value.
ivan89, what better price to go in? Thinking to average price, the recent low price has made company fundamental value getting more attractive, double digit ROE 21% , DY 8.8% double FD rate, < 10 PE , constant 5 yrs with profit and positive cash flow. Just don't understand why a sudden drop of > 20% in less than 3 months.
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....
Ivan89
1,479 posts
Posted by Ivan89 > 2016-07-05 11:18 | Report Abuse
Cash rich company