^V^
When rain comes, everybody get wet ! nothing 2 proud of but just wanna 2 shames ta losers THAT do I need tak ada akal method 2 make profit from MEGB @ 1.79 ?
Profit in hand 4 MEGB is now >RM 11,800 liaoooo
MEGB posted in my private blog on 5 MArch 2011 >
http://samgangblogspot.com/member/?p=1847
***
^V^
MEGB has fallen from d sky of 4.30 within a year , it is now traded @ 1.81 n my entry cost is ard 1.79+ .
As usual , d first consideration came 2 my mind was its FA , take alook at its latest qe, revenue jumped from R74264 to 809065 , qe earning = 9 cts, theoretically , d forward earning 4 next year shld be 9 x 4 = 36cts .
@ 1.80+- , its PE is ard 5+ !!! very attractive !
K...Low PE is not good enuf without sustainable earning ! how sustainable its earning can be ? well. as known 2 u all, MEGB is the country’s largest nursing n health education provider with
22% market share in nursing education, based on d nature of its biz , 2 sustain d above earning is definitely not a problem at all .
Earning wise... no problem !
come 2 its Historical price >
52 weeks high 4.30
Low 1.77
current = 1.81 , almost @ its historical low.
Safe ? YES !
Then is there any shares buy back from its bosses ? well...d answer is yes ! they hv proposed 2 buy back their shares in AGM last month.
FMR has been selling this shares like no 2molo since Dec 2010 , y they sell ? no answer yet ! but after d heavy sell down , there r not much holding in d hand of FMR liaooo, we can see it from d traded vol n d current price movement !
I think d downside potential is quite limited !
FYI, Insiderasia n Public mutual fund r holding quite alot of this bugger @ cost from 2.30 to 3.00 ,n there is no sign of selling from both of them.
D only concern 2 me is WHY FMR selling like 2molo lately ? Why ?
Except this, I see nothing wrong in this stock !
Conclusion is BUY N HOLD !
Latest economy datas show US economy is confirmed on d track of recovery ! d current worry is d ME crisis ! history has tell us that there is no crisis cannot be solved ! n this ME crisis will soon come 2 d end !
Once d crisis is over , I believe MEGB would be d first one 2 fly ^_-
30 lots in hand @ cost of 1.79+ liaoo ( 20lots r from swap), if not bcos of d ME crisis , I would hv bot in another 20 lots ^_-
4low or not ? u decide ^_-
k...lunch time liaooo, what 2 eat ? steam fish head @ cheras ^_^
***
2 all ta losers , how u like that ? still think of MEGB is catching d falling knife ? do I need tak ada akal method 2 times my entry ? ^_-
Jgn Marah yah ^_^
so XXXXXXX is coming .... another one in my radar !!!
wanna 2 know which one ?
btw..my answer 2 ah chart :-
Ah Chart said...
Sometimes, for people who argue the usefulness of either one that they preach, they could be using the other that they condemn subconsciously e.g. FA preacher looking at volume. I wonder since when volume has become part of fundamental analysis??
+++++
My answer 2 u :-
Excuse me ah chart, vol is not ta tool !!! just like when u see thunder , u dun need 2 be scientist 2 know that rain is coming soon ! right ?
so vol is not ta tool, it is common sense ! when u see vol there, this show something is ON ! it can be up n oso can be down ! erti ?
3 comments:
Got it from ah chart blog , need 2 feed back here cos ah chart dare not 2 post up my comments in his blog leave me no choice but 2 feed back here >
ah chart's fan said :-
Anonymous said...
Mr Samgoss is low class and nuisance in the investment arena. Respectful persons never criticise ppl with baseless comments time and time AGAIN. Mr Sam-Ass , who cares what method you use, as long as the method work well with you and where you feel u are comfortable with. ....Last advise for mr. sam-ass, respect is earned and not demanded ! SO, PLEASE juz KEEP YOUR MOUTH SHUT ....ok
April 2, 2011 1:11 AM
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2 ANALmous ^_-
Y reacted so fras ? bcos of my gain from megb thru FA method ? opppsss.... sorry 4 making u so jealous ! LOL!!!
I criticise ppl with baseless comments time and time AGAIN.???
really baseless ? then try 2 click on this baseless TA king call by alexlulu on citi >
http://samgang.blogspot.com/2011/03/v-citi-455-now-how-alex-lu-lu-cut-loss.html
see ? who is baseless ? am I not telling d truth ?
u talked about low class ? what class u refer 2 ? mercedes E class ? ha ha
Respect need 2 be earned one meh ?let me tell u what n how 2 gain respect >
In shares blog,ppl will only respect u when u can help them 2 make $$$$$ ( of cos thru FA lah ) , try 2 bring them 2 holland n see whether u will still get respected or not ? ^_- this is reality ! this is life, face it n accept it !
Tell u something ,I dun rely respect 4 living ! they need me in order 2 make money from shares mkt ! hence who need 2 respect who ? ^_-
Further more , by asking ppl stay away from tak ada akal method is a good karma 4 me , just like asking ppl not to involve in gambling .
btw... wanna 2 know how many ppl respect samgoss ? u can find d answer in this link >
http://samgangcharity.blogspot.com/2010/11/vsamgang-members-surpassed-3500-it.html
R all these 3000 members do not how 2 differentiate black n white ?
Jgn marah yah ? ^_-
Once again ! is ta works ? MY FOOT ! LOUD n CLEAR ?
read ta criticism by warren buffet >
http://www.epinions.com/finc-review-1935-D65AB19-38EAE41E-prod2
read rule no 2 >
Warren Buffet's strategy on technical analysis
Apr 05 '00
After much research and experience in investing I've discovered a simple strategy which works very well for profitable investing. It's a composite of Charles Schwab's and Warren Buffet's strategy. As you may know, Warren Buffet started with a little investment decades ago and now he's the third richest man in the world with over $30,000,000,000 in stock in the company he built. Charles Schwab is the genius who began the most successful off-price brokerage in the world. Here's what they say about investing and technical analysis:
Rule number one: Buy a company you'd be willing to hold for a lifetime.
When you put your money in a stock, you become an owner of that firm. You're essentially buying part of it and you reap the profit from the shares you buy in terms of earnings per share. Then the company may pay out those earnings per share in dividends or invest back into the company for growth. Make sure that you're buying a firm that you can depend on, even when the market is down. Investing isn't about the quick in-and-out schemes that lose most day-traders money. That's called gambling. Investing is putting your trust and your resources into a firm which you're willing to commit your hard-earned money to. This leads to my next point.
Rule number two: Ignore technical analysis.
Technical analysis is used to predict whether or not a stock will go up or down in the short term. Some people think that they can ignore the fundamentals of the companies they buy based on technical analysis and end up losing large amounts of money. Yet, no responsible financial advisor would recommend or practice buying based solely or largely on technical analysis. That practice is used for what I defined to be gambling. Essentially relying on technical analysis involves looking at the volume of trading, advances/declines in the share price, and trying to determine whether or not the price will continue upward or reverse. For example, a lot of people buy or sell based on momentum. They jump on the bandwagon or abandon ship with the rest of the crowd. Yet, these fluctuations based on the herd mentality do less for those playing on technical analysis and more for the investor who looks for good value in shares. For, often people selling on technical analysis overshoot and cause a stock's value to be worth less than its fair value. Thanks to people who get burned on these losses, investors find unique opportunities to snatch up great comanies at bargain-basement prices.
2 all, I am not d first one whose criticize ta ( tak ada akal method ) even d great warren buffet also said d same, read this >
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Technical analysis is a simple yet compelling strategy. You can see why Buffett spent years early in his career trying to master it.
An expensive mistake
But Buffett discovered one small problem. Technical analysis didn't work. He explained, "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer."
After eight years of trying, he concluded that it was the wrong way to invest. Then he focused on the teachings of Ben Graham, which stressed business fundamentals, finding a strategy that both made sense and, more importantly, worked.
Three simple rules
The billionaire discussed that strategy at the 2008 Berkshire Hathaway (NYSE: BRK-B) general meeting. When he was asked how to avoid the crowd mind-set, he said he simply followed Graham's three most important lessons:
1. Buy stocks with a margin of safety.
2. A stock is part of a business.
3. The market is there to serve you, not instruct you.
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