Buy ASTRO ang IHH. Has high chance to rebound

Especially cylinical stock like steel company. We should buy when PE is high and sell When PE is low. Because market may perceive some bad times ahead thats why PE drop until so low

Because PE is based on historical figures. Shares investment is looking at prospect. Assume financial community are rational, they have taken account of the future prospect of the industry. Thats mean the prospect will not as robust as currently is. Political factor such as dumping, rising standard of steel import quality, economic risk (forex fluctuation) and embargo will affect the robustness of steel industry. There maybe decline in performance in the future where climb up the PE or have no PE (company making losses) at all.

Cyclinical stocks are not easy to predict. It is only suitable for investor who is in the industry n know the market well. Learn from peter lynch.

When i buy foods industry, i know people will eat no matter what the economuc conditions. But we cany do this on cyclinical stock. Thats why cyclinical stock is not a sound long term investment

This post has been edited by bursalchemy: Jun 14 2013, 11:49 AM

oldtown, astro, aeon, walmart, coke are some of the long term investment i am looking at. They all have wide economic moat can defense against competition and market. I will buy them when their price reached my intrinsic value. Think of 100 years, they will still survivr

The local thrift (bank and insurance) are also on my radar, will hunt for them during recession or economic crisis. Buy tgem cheap and hold them for long term

A century ago, there was a quoted called if you want to be a billionaire, buy airlines. Nowadays, airline industry are hard to manage, power of trade union, highly geared balance sheet, government intervention, stiff competition from no frills airlines are all the threats.

Airasia is blessed because has a bunch of capable and competence management team. They really knows what they doing when hedging on fuel price movement.
Airlines is an industry required smart management to operate, but i cant guarantee if there any good succession plan in 100 years later. I want an investment where even dumb management can also run it successfully, because in someday ahead, it will have one.

MAS is bureaucratic and appointment not based on meritocracy. I dont see any competency in jauhari yahya. Corporate turnaround seldom turn

Oldtown has venturesome expansion into packagimg coffee drinks market. It has also established foothold in HK and China market. Within 5 years, i think the investment will brew.

Coz those chinese like to drink our nan yang white coffee. I went HK last year and saw there is oldtown packaging coffee selling in wellcome and other supermarket owned by dairy farm.

After i came back from msia, i average up 2000 units at rm1.92/share. I got 1000 units previously bought since IPO.

I dont think ABN presence can takeover astro market share. It will only steer competition and make astro more efficient.

Berkshire hathaway recent years stockpick by todd combs is directv which is the same industry as astro, it has a market cap of 34 billion usd.

Astro has only 15 billion myr market cap. I think there is still room for growth for astro. The astro on the go tied up with time dot com is an interesting model. I think it will reap profit in the year ahead.

The Njoy package is smart, it can target household which is not so affluent to buy that package in one off. So that they wont subscribe for ABN later. abn must have deep pocket, otherwise i dont think it can survive for long due to expensive content cost.

What happened to star? Last minute suddenly up so much