QUOTE(cherroy @ Feb 6 2007, 03:32 PM)
Ya, in bull run or market hot time, people tends to loose logical thinking and greed come in. That's why a lot of people always trapped in buy high sell low phenomena.
Share price can go whatever level when 'hot' but in the end of the day, share price will stay in the range that match its fundamental valuation. Sky high share price might hold for months or even years but if its fundamental doesn't improve and grow to match it high share price then surely the bubble will burst.
The best example would be tech bubble during 2000-2001. All dotcom company share sky rocket to incredible valuation due to over optimistic about the technology sector, but in reality, its growth path is not as good as people think so bubble then burst in big way.
At the rate market is going right now is a bit healthier but the darndest thing is it is going up according to the government's wishes.. that makes me wonder whether its the govt election machinery syndicating the "extraordinary" rise. Now they are calling for more "retail investors" its like calling for sacrificial lambs....
QUOTE(dEviLs @ Feb 7 2007, 12:35 PM)
Just for sharing, trade at your own risk.
Maxis-CA is trading at discounted value now
Current - RM3.42
Maxis - RM 12.00
Exercise Price - RM8.11
Exercise Ratio - 1:1
Discounted by Rm0.47
I tot maxis is 2 CA + RM8.11 for 1? can anyone reconfirm?
Added on February 7, 2007, 2:08 pmQUOTE(Singh_Kalan @ Feb 6 2007, 06:27 PM)
for ikan bilis investor, u can get more than 22% ROI easily during bull run. But that doesn't mean u r much better than Buffet. In fact getting more than 22% ROI p.a consistently for few years is also possible. The difference between Buffet n ikan bilis is in liquidity. For Buffet, due to its huge investment, pulling out fr a market is not easy, so he opt for sustainable growth company. Ikan bilis on the other hand can opt for speculative stock which can go up or down like roller coaster. Easily earning more than 50% and pull out without causing the share price dip.

22% is no big deal as you say... in this current bull run, if you had played it dilligently since Nov last year, I would not be surprised if someone has actually got a 2000% on their investment.
This post has been edited by Grengo01: Feb 7 2007, 02:08 PM