QUOTE(prophetjul @ Mar 13 2020, 10:16 AM)
Not a good buy for now. Avoid.
QUOTE(Hansel @ Mar 13 2020, 02:29 PM)
Bros,... a few points before I log-off :-
1) I suspect some ctrs may not recover when funds have been moved around and 'upsets' have been created. Wealth distribution effect.
2) the virus is mutating,... vaccines will be harder to make here.
3) WHO DG said it will take 18 mths to come up with a vaccine.
https://www.thestar.com.my/news/world/2020/...source=smartechI agree with hansel. It takes an optimistic investor now to buy the dips. Im not confident with sgx counters yet.
Even for DBS, i agree with ramjade that price does not look very attractive, look at the daily share buy back from dbs themselves. Past 1 to 2 weeks, dbs has been the one supporting their stocks. If not, it be a free fall to the abyss.
Be careful of dip traps.