Its always good to have pessimist with half baked stories, only for them good companies can be bought at cheap multiples. Keep listening to these stories and sell good companies folks. Listen, bubble only burst in US for super growth stocks that is not backed by earnings and not stocks that are supported with strong earnings growth. You keep listening to these pessimist and sell good ones to only buy all the punting stocks to lose money.
You can make a comparison with the Nasdaq semiconductor companies and Bursa super bull technology from the lowest prices in March 2020 until now. How many 'multi baggers' are breed in Bursa Technology.
The naive greedy who always refuses to learnt from history lessons will be double cut vegetable soon ! Atleast another 50% drop for over goreng tech stocks after CNY !
Semiconductor and Electric Vehicle stocks are still growing for next 5 years, I do not think technology stock is around the peak. I will still buy Electric Vehicle stock especially Greatec when buy signal appears again based on TA.
No one will know the peak, only Mr Market will know the peak. Thank you.
@OTB Semiconductor and Electric Vehicle stocks are still growing for next 5 years, I do not think technology stock is around the peak. I will still buy Electric Vehicle stock especially D&O when buy signal appears again based on TA.
No one will know the peak, only Mr Market will know the peak. Thank you. ____________^ Also no one will know the bottom until you heart broken n lost all your capital then Mr Market will tell u that s the bottom !
Value will not appear so soon. Wait patiently for the right timing. When everyone is fearful, technology stocks may see the bottom.
Wait for good timing, wait for TA buy signal to appear. Get your cash ready to buy. I have been waiting patiently for the value and right timing to surface. All homework has been done and just waiting patiently for TA buy signal to appear only. Thank you.
Good for traders to trade with high beta variation happy punting especially not many retailers are long term investors catch the right timing you will big wrong either cut loss or average dowm
We can't compare Technology with Glove sector. But share price wise will be expecting to follow the tail of Glove after the fancy party gains of few hundred % or thousands % in the last 2 years.
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....
CharlesT
14,945 posts
Posted by CharlesT > 2022-01-16 15:59 | Report Abuse
TSMC only at PE 30+????????
TSMC also traded at historical high PE...if i m not mistaken it used to trade at single digit PE few years ago....feel free to correct me if i m wrong
Lets c when Nasdaq started to correct what will be our local tech co prices then.....