LOL!

Market needs more investors like you.

I fell off the chair reading.....

Make sure you don't buy WRONG stock at WRONG price.

You are not the only one.....

...guilty as charged.....

LOL!

Not meh?

Some of the statements made (not by you) laugh die me....

The one about no wrong price only bad price...
had me in stitches.... ROFLMAO!

Logically, since the CI is 'not that far' from our highest...
I believe some had already called this the wildest and longest bull run ever....
so if one use a 10 year chart NOW....
and roll it back 10 years....
of course....
needless to say most of the star name stocks...
would have performed remarkably well.

now the obvious and logical question to ask is what if we throw in a bear run/market crash in the middle?

would hold a stock for 10 years = a sure win?
would a stock bought at any price (since no wrong price) perform well just because it is said to be fundamentally strong?

now... sadly I do not have the 20 or more year chart data with me bow....
bummer...

however, since got yahoo...
I decided to use KO as an example.

Coca-cola would definitely qualify as a fundamentally strong stock... yes?

Agree?

This is KO current 10 year chart.



Yes... with US also in a wild bull run...
KO has done superb.

10 year investment in Coca would be super leng chai.

now here is another chart of Coca-cola.

but the time frame is different, ie Jan 1997 to March 2007.



and obviously if one had simply bought Coca cola in 1997, at any price, say 40 bucks, the result would have been terrible, despite holding the stock 10 years.

Can buy any 'fundamental good stock' at any price?

well.... you know I know that you know I know that you also know the answer.

LOL!

LOL!

Me not the one that made the initial statement of buying any good fundamental stock at any price....

and also me not the market wizard that made the statement of no WRONG price.

LOL!

Do refer Gark's reply.

no worries and I am actually pretty handy with the ignore button.

for long term play...
this is way too early again....

no rush to buy a stock when it is in a down turn....

lol .... unless of course .... you believe there is no such thing as a wrong price.


* run...... *

Say if you use earnings cycle as an example....
What would you be seeing?

Would we see....
Earnings turn bad/decline..
Would we see losses?
Would we see thw kitchen sink starts flying?
....then only we see earnings stabilise...
maybe then only earnings start flying back again.....

Lots of time yes?
Why rush?

I know i won't simply buy and hope my entry price is not wrong..

when I did fake trading, I practiced a lot using 6% as my cut loss...

now based on your ABC example, though I have to say there's still not enough data for me....
yes, I would have preferred to see more variables before deciding....
like if the stock pulled back...
was it in accordance to the general market weakness...
or did it pulled back, moving against the general market... etc etc etc....

However, just based loosely on what you wrote...
I MIGHT use a cut loss at 93 sen or so.....

please understand this is very subjective.....

Great stuff!
Thanks for sharing!

share back a few sen opinion hor.....

Yes, I HAD been a big fan of the stronger USD trend.
It's my good friend.

However, most would know that I had not been a fan of the rubber glove industry.
I am still not a fan.
Why?
I feel the over capacity issue in the dog eat cat rubber glove industry is massive.
Also said many times before...
the good times in this industry is over.
Yes, it had a wonderful boom....
but the boom is past.....
and so far, there is no data that indicates this has or will change.

I like to speculate but I do not like to be way early in my speculation to the point of trying to catch when and where an industry fortune(s) will change...
which is why I avoid sectors like gloves....
and which is also why I will call a pass on any oil & gas sectors for now...
it's way too early....
just my opinions which you might not agree....

anyway... when I said the good times is over....
well here is TopGlove's recent quarterly earnings.



as you can see, the recent number of red arrows indicating quarter profits of declining profits....

it's not a positive picture....

certainly not for someone like me...
who values earnings growth....
and who certainly believes a great company as a company whose profits are growing....

Having said that...
well in terms of charting...

here is TopGlove current chart...



it's a rather optimistic chart.... (ah... also do consider the risk of any possible good 'profits' been priced in )

and I can understand the reason why to be optimistic....



well... all the best and good luck.

This post has been edited by Boon3: Mar 15 2015, 06:24 PM

What makes a great company?

A well known company?

or some might call it a fundamentally strong company?

Well, a fundamentally strong company, could be a company having a strong balance sheet and a big sales turnover....

but is that a great company if the management/owner is conservative?

ie the company only desires to maintain sales/profit only?

or do you want a company whose management strives to make more and more money each year?

difficult to understand?

well, how about if you are a job seeker...

of course, getting a good salary is the goal but if 5 companies offers you the same salary, what is the other factor that helps you decided which company to work for?

do you want to work in a conservative company (with limited growth)?

or do you want to work in a company who strives to grow more each year?

One very smart investor used to say 'growth is an integral part of value'....

You can always disagree.

Juat remember, when it comes to dividend investing...
You should not ask me...
Lol...
Cos I am just a trader.

Anyway, for me, when it comes to dividend investing..
The issue is 'how sustainable is the dividends'?

If profits do not grow, can the company continue to distribute long term dividends?

Also...would you want stable dividends or...
Do I want to be greedy a bit....
And wish for increasing dividends?

One look...also no want to see more....

Your this reply already say everything....

where is the no like butang?

so when you want to admit you are investing way too early in SKPet ......

..... yeah.... still too early days ......



so you say you expect this to be a loooooooooooooooooong term....

so from now to say..... another year.... or more.....

what would you expect?

earnings to go down..... yes?

(SKPet announces earnings this month, ya? )

if yes how bad do you expect earnings to go down?

would you expect losses?

how many quarters of poor earnings?

2? 3? 4? or more?

when SKPet announces these poor earnings.....
would stock be hit?

or you think the stock at most retest recent lows cos whatever bad earnings has all been priced in?