Covid-19 make economy slown down high debt company 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..
now bear market, what also drop, DJI drop again today. monday maybe another sales. better margin call or hold tight tight. dont feel grab from falling knife. my point of view only. KLSE drop almost 100 point le. monday if another gap can die.
mkt won't crash in one day. it will have multiple dead cat bounce to entice ppl to buy thinking it is real rebound. they will repeat many times until u see the volume getting less and lesser. then u know the rebound is real. when everyone is pessimistic then it is best to buy.
for now market not stable yet. i forsee today dji will drop another 1k. Monday we may another gap down. my point of view only la. i not ta dare to collect because no bullet keep average. will in when market rebound or come back. i rather safe a bit then risk due to current market so uncertain. Mi now consider good price nut i worry another drop. perhaps i kiasu a bit >.< for ME , MI is good FA LA, if your holding power strong can keep for long term, if not keep your cash first. u might get stuck if you not capital rich. my point of view only ya.
Next coming qr, profit sure get affected by Covid 19 because Mi revenue is majority generated from north Asia,as you know, north Asia is badly impacted by Covid 19. Next qr will be very ugly.
PE is how many years of earnings to gain back ur money. eg for tech bull mkt is around 26, extreme bull can go to 35 or more. but in bear mkt 8- 10 is normal.
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....
Joyvestt
135 posts
Posted by Joyvestt > 2020-03-12 13:45 | Report Abuse
what the hell is going on?