What i have written and suggested is beyond the ordinary stock market investors but you have to be able to think at that level in order to beat the market.
Mkt becomes ROUGH. I guess is due to news flow yesterday i.e. WHO said this crisis would end early 2021. New theme plays will appear next.
This piece is causing some funds to act fast on rebalancing their portfolios. This QR will all be out by this Friday i.e. special: The end day of the week n also end of the month chart = Mr Mkt should take of it by this Friday.
Tks newbie2y. I noticed a few times when a dept head or director acquires shares in the company, the share price will soon go up quite significantly. When Koay's acquisition was announced, the share price was RM6.00. That was just 2 days ago.
I very much doubt Greatec price will drop much even if there is a sector correction. I just have this strong feeling that Greatec's growth over next 2-3 years will be very impressive. The revenue growth may be 100-200% over the next 36 months. I have reasons to believe that the company is moving in that direction.
If you are a trader you may sell it and buy back, hopefully, at a lower price.
As a long term investor i have a different view. I bought into this counter early 2020 with part of my semi-retirement fund. I sell bit by bit every month to pay for my household expenses.
I prefer to manage my money this way than to open s savings acct where the interest rate is pathetic.
If Greatec continues to grow and the share price continues to go up then this fund can pay for my living expenses over a much longer period.
The essay topic of this cycle is TECH n EV.CAR material stocks. The pts r OSAT : MPI, UNISEM, INARI ATE or Robotics : GREATEC, PENTA TECH support : UWC, FRONTKN EV.CAR material : D&O, PMETAL, PMBTECH, MSC
The 1st half began on Jan 12th 2021 i.e. i.C After the recent QR PAT, the 2nd half could begin this week i.e. iii.C > i.C I hope .,.
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....
IMwhatIM
567 posts
Posted by IMwhatIM > 2021-02-21 22:27 | Report Abuse
What i have written and suggested is beyond the ordinary stock market investors but you have to be able to think at that level in order to beat the market.