Tuesday, May 22, 2007
^V^ Is Fundamental method always go for long term ? ^V^
^V^
Is Fundamental play always go for long term hold ? u r wrong if u think so, long term hold is only applicable in bear mkt, for bull mkt esp at historical high, short n mid term play r most ideal strategy ^V^ Our bull run started since last Sep 06, based on past record, bull run can only last for 18 months+- ^V^( Take note: Bull run for Hangseng n STI started much earlier than us, in year 2005 if i am not mistaken ) hence, latest by 1st Q of 08, u wont be seeing me around in share mkt, that's for sure ^V^
If u doubt on my forecasting, try to hold yr existing stock till end of 08, see what will happen later ?
Of course i know my mom is female, D present high of BDI n steel price will not last forever, it will definitely slide down by 3rd or 4 qtr of 07, may i ask, is d coming 1 st QE n 2nd QE for Masteel n Swee Joo not falling under d high of BDI n steel price ? What i need is just two more good QE ^V^ that is ! who cares about d sustainability of BDI n steel price after that !?? ^V^ unless someone want to hold his Maybulk for long term , then u really need to worry about d sustainability..
Dont be mistaken, I rated Maybulk as trading buy , trading buy does not mean it wont goes up, it is still room for it to move up but percentage of return is not as great as value buy (@ 2.55 b4 bonus issued), pls get it right ^V^
Anonymous said...
thanks for the reply sam, that is entirely true, hard enough to find a counter with the criteria that you mentioned in the market, let alone in a bull market
however... there is still one problem with the debt XD...
by end of year 2005, Ranhill recorded a total debt of ~3bil RM, and by end of year 2006, it went up by a whopping ~1bil RM to around ~RM4bil.. surely this can be seen as a worrying sign?
now i know risk is essential in stock market, but at the very least it is important to investigate a counter, through and through before jumping to make a call? dont get me wrong, i follow your calls closely, making decent profit out of them (ranhill is just one of the counter that i bought upon seeing the movement), but i am still learning, and thus would ever be so grateful if you can enlighten me on this one.
thanks.
regards,
slowday
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