Possible for privatisation but at what price ??? IPO 6.50 or at NTA price Or at 3.50.anyhow privatise or not privatised does not matter the fundamental is itact
Shows that our market is full of insider trading. Announcement of financial Q2 is 2 weeks so ppl starting to buy already. So i expect price will continue to move.
Another example is that ppl knew to buy Topglove before the super result.
Today strong volume, dont know the drop back is to harm or safe people. Very fishy.l. Example, (The boat has back to port for more passengers to up. But not sure will move or sink in between) Let's see how tomorrow.
I dont know how more defensive we can be. Stock with dividend, net cash, no borrowings, benefit from low oil price, spread / ASP healthy, strong parent company, established business with good track record. Lotte Chem is top 30 worldwide. They are not the biggest but they are definitely not small.
If you invest into an unknown company with good financials, you might be worried about directors integrity of even business disappearing overnight. This you should be able to sleep well with
Even if market tanks LCT will hold or will come back for sure.
yes..it is good. but this is not growth stock. Perhaps the major threat is the enviromental impact of its products.Sometimes, I am worry about plastic wastes and health awareness of the plastic products
Anyway, every biz has its threats..no biz has no risk..that is why i diversify my investments..
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....
titan3322
2,710 posts
Posted by titan3322 > 2020-07-03 10:12 | Report Abuse
Haha today top 11 gainers in Bursa !