My golden rule: Among all the criteria, such as NTA, Cash flow, dividend yield etc, the most powerful catalyst to move share price is profit growth prospect. My golden rule is the company must have reported 2 consecutive quarter increasing profit and the projected P/E must be below 10. I choose P/E 10 to avoid unforeseen risk. To be really successful, you need practice, confidence and patience to buy and hold for fruits to ripen.
Eversendai: I have been accumulating it and now I am the 2nd largest shareholder. It has been reporting increasing profit in the last few quarters- thus in compliance with my share selection golden rule.
The KLCI has been falling ever since Tun Dr Mahthir announced that he wanted to look at all the mega projects especially those contracts which were awarded without open competitive tender. IJM Goerge Kent and Gamuda dropped like coconuts.
In fact, Eversendai went up instead of coming down. I am very sure the price of Eversendai will go higher when the overall market sentiment improves.
Eversendai to resume work on 2nd liftboat within 3 to 6 months, says MD
Eversendai executive chairman and group MD Tan Sri AK Nathan said the second vessel will be revisited, after the company faced difficulties in market circumstance and funding.
If you study my proposal of giving right issues with free convertible warrants, you can believe the company will implement my proposal to benefit all the shareholders.
You can see my proposal if you click this link or see the full article as I posted: Eversendai: KYY's proposal of Rights Issue with Free Convertible Warrants -
Recently the famous food connoisseur, Anthony Bourdain and celebrity fashion designer Kate Spade committed suicide which prompted me to write this piece to share my experience with you. Everyone should know about mental depression problem.
I recommend you to read my article about mental health which is far more important than making money. You can read it on my blog: koon yew yin
Dear yewyin33, Good morning Yes mental depression can kill but if you look into the root-cause, it is the stock market, casino and living up to other people expectation (fame) that drive people to suicide. Hence as responsible and influencing elder, please do not repeat the same mistake twice. You have created a monster in qqq3 aka Stockmanmy aka etc whose life aim is to drive a Rolls-Royce and to be as rich as you what he reach your age. His thinking is full of business sense and sailing (all in).
Posted by qqq3 > Jul 8, 2018 10:44 PM | Report Abuse X
d by Sslee > Jun 21, 2018 08:58 AM | Report Abuse
Dear yewyin33, Good morning Yes mental depression can kill but if you look into the root-cause, it is the stock market, casino and living up to other people expectation (fame) that drive people to suicide. Hence as responsible and influencing elder, please do not repeat the same mistake twice. You have created a monster in qqq3 aka Stockmanmy aka etc whose life aim is to drive a Rolls-Royce and to be as rich as you what he reach your age. His thinking is full of business sense and sailing (all in).
Thank you ========================================
Anthony Bourdain suicide nothing to do with stock market.....
depression and suicide can come from unexpected sources....that is why prevention is better than cure.
to strengthen defenses against depression and suicides, sl lee...you got to learn to deal with the monster in you.
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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....
moneykj
6,148 posts
Posted by moneykj > 2018-05-28 12:14 | Report Abuse
Buy some