I bought AAX at 0.75 cent and holding until now still can't get any fruity result after so many years

so damn. I'm sorry man. Its going to take till end of the year or next year Q1 to get to 70cents to 1 myr

What is your rational to add on Oldtown?

I have a margin of safety of about 62% for OldTown. That was my unrealized profit before it crashed. I bought more when it crashed -18% and then recovered to -10%. Now my unrealized profit is about 19%. Still acceptable.

I will wait for the next QR before deciding further.

This post has been edited by Vanguard 2015: May 29 2017, 08:32 AM

[quote=foofoosasa,May 27 2017, 08:37 AM]
thats the only way to interpret NTA?

[/quote]
some player analyse and value company based on the company intangible assets and projected earning based on announced new project etc... too.
Given NTA vs current market share traded how much market perceived the growth earning power , intangible assets or etc.
As many guru said before, investment is like art more than science.

Just imagine you bought a piece of land 30 years ago RM10k without any revaluation, in this case NTA obviously is not a true indicator for the land right?

Imagine the you buy a,

Company A vs company B both have the exact same NTA. Company A no more generating profit while company B still making profit above FD rate lets say. Obviously company B is worth more than company A.

There are lot of books teaching teachinh these financial ratio. But if you personally involve in business, it helps you to understand better i would say.

Sorry for long wind post

[/quote]

thanks

Opening 14.1

Tenaga opening 14.9?

and it just shot down to 13.98. lol.

get used to it bro.

the small cap market trading down right after the launch of small and mid cap PLC scheme, weird....

This post has been edited by Nikmon: May 29 2017, 03:18 PM

sea of red again, reasons of selling?

North Korean Scud missile flies six minutes, falls provocatively close to Japan.

Maybe this?

Good time to enter mwe 1.52 ?

Jeez, all bleeding. It doesn't seem to matter anymore whether the QR is good or bad. The stock will still bleed. Look at PIE for e.g.

Great time to enter when bleed.?. bleed more.. bleed more

Maybe due to Q1 result down a lot if compare with immediate previous Q4.

of course bleed lah when people compare Q416 to Q117
when myr was trashed and foreign investors ran to us to enjoy Trump's win. sometimes the Malaysian market reminds me of that fidgety guy who gets nervous about everything and jumps at every scare.

Time to chill, have a few beers, lift some weights, read a good book and come back when Mr. Market stop acting irrationally.

yep. my aax is gone case already. I'm deleting it off my watch list to protect my heart and I'll come back end of the year or next quarter to see if it is salvageable.

Fixed

Thanks.