Dear all,

Need advice urgently. Would you buy a stock of a fair (not great, but not bad either) company that is currently trading at PE of 3.8 because it just issued a profit warning that there may be a more than 90% year-on-year drop in the Unaudited Consolidated Profit for the six months ended 30 June 2012.

Would you buy and hold aka try to "weather the storm" if you think you have a fair chance of doubling or even tripling you money once the global economy recovers?

I am so greedy yet fearful

Noted. I bought some shares of a bank instead - at least a bank is relatively safe

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Added on August 8, 2012, 2:07 amPMed u already.

This post has been edited by GenY: Aug 8 2012, 02:07 AM