^V^
Someone asked me should we cut loss on skpres ?
u must be kidding
Bear in mind ,there is no cut loss in dictionary of FA ! only swap or u hv made a wrong call by choosing a wrong counter !
Why TA always imposed stop loss in their trades ? simple ! bcos they r not sure n hv no confident on their method, therefore stop loss is needed for them !
FA is different, u dont need stop loss if d said company is running well N making lots of money, sooner or later, its share price will be reflected based on its FA ! example :-
IJM WB : drop to 0.33 after my purchase of 0.38
Maybulk : drop to 2.30 after my urchase of 2.53
Masteel : drop to 0.0.65 after my purchase of 0.76
I am not gonna to make money from them if i use stop loss for d above stocks !
Come back to Skpres
1st half net profit increased 70.11% from 1cts to 1.7 cts
u can expect 3.4cts for year ended 2007, hence at current price of 0.16 , we r actually buying at PE 4 ! not attractive enough ?
If u compare skpres with china call warrants (both r less than 20cts ), d difference is :- skpres has no time limit !
Patience is d key success for skpres ^V^
To mr annony..my portfolio will be published by latest 2molo evening.. be patient ok ?
7 comments:
Mr evergreen, i knew smaksgoh has made a buy call on evergreen in osk forum , well.. based on its latest earning, it is actually superb ! nine month 's earning increased 116% ! with EPS of 19.9 cts, u can expect 0.25cts 4 d year ended 07 which will give u PE of 8+-, if u r observant enough, u can see Lembaga Tabung Haji buying heavily for d past 3 months ( Sorry to say Lembaga Tabung Haji buy is not convincing enough if u compare to Temasek fund or PB mutual fund ).
D short fall was its vol is damn thin !
anyway, it is pretty safe buying at current price ! same old saying "Holding power n patience " !
Yah..b4 i forget..stay tune for my portfolio update 2molo, i will tell u what r d goodies of Liondiv !
$ifu $am, Lin Dan was too good 4 C W Lee. He deserves d world No.1 title!
Back 2 share market, hope KLSE would perform well 2molo especially Liondiv. Thanks 4 d great call n pls advise @ what price should we dispose.
go lion! lucky i did follow yr advice on liondiv FA.
pls add me into yr mailing list
mridzuan77@yahoo.com
thanks!
SIFU Sam, what do you think of Oilcorp?
$ifu $am, yesterday i posted my comment regading Lin Dan n C W Lee using "anonymous" coz i'm not comfortable v d name "Rookie" recently,it sounds like "Rugi"lah Ha...so fr now on i'll use "118"...more "ONG" he he...so Super Series has come 2 d end n we can now concentrate on KLSE.
Just wondering y whenever DOW up other asian market also up except KLSE. Anyway, luckily Liondiv performing better n better. So really 1 2 say "$am, well done!"
Hi Sam! I've been following your investment method many many years ago since LIONDIV was around 0.90 before the news of China's Parkson. From my experience with Sam, LIONDIV never let me down.
We should stay together to have a better year ahead cos its December. Anyone notice the time fly like nobody business? Next wave hope to get Ang Pow lah b4 CNY.
I don't know that there is a mailing list for Samgang blog. Mind to add me in? brucetct@gmail.com
I just wonder where is TingLek? Hope he is all fine.
Post a Comment