Let it drop more lol. Dont be so quick to buy ma.

RIP bought at RM7?

Wait for economy recovery only. Just collect dividends for now. Dont average down. Let it drop more

Yeah same thinking, but asking him to sell now is not really a good idea. EPF buying support is very strong at slightly below this price, so dont have to worry too much.
Just dont buy more cause people might panic after seeing the QR2 and QR3. Other uncertainties include Sept OPR and snap election

LOL, it was nice though getting to topup at 3

Lowest this year was 3.09

Btw cofin bro, Just hold but dont buy more. Just wait until all the negativity goes, yes you might not be able to buy at the cheapest if you only topup later, but at least. You wont be seeing portfolio getting more digits.

BTW its NTA/share is RM5.53, which means (from accounting terms) if it goes bankrupt and liquidate everything, you get RM5.53/share.

Good case study, sapura and velesto should be used instead. That one if average down really go holland.

I disagree, investment banks are sunset industry (what buffet threw), commercial banks are not (what buffer bought). If fact, they are going into virtual banking/fintech etc. Just hold tight tight.

If you cut loss here go into gloves, and dont have the luck.
When gloves crash and banks go up, you lose both side.

But if you are good/lucky: cut loss here, buy gloves, earn profit then rebuy banks back.

Just wait, without vaccine, their business wont return to pre covid.
Wait weak holders to dump.

At least wait until Phase 3 approved vaccine is IN PRODUCTION.

Go spread fear, so you can buy low . If below 1.7 I join u.
OR when phase 3 approved vaccine is IN PRODUCTION, I will join u if below 1.9

This post has been edited by HereToLearn: Aug 21 2020, 05:31 PM

Should be able to go up at least above 3 with vaccine + theme park combo.
The risks are
1. the theme park reopening might be delayed again
2. the theme park rides bring unexpected accidents (super rare, can almost ignore this)

But, still without vaccine, I really dont see why one should buy now...

See if they buy or sell, it will be announced. Just stay alert in bursa announcement and in this forum

When retailers all stop buying, glove counters will crash. You might want to exit before they do...
But still, have another 2 more months before the deadline for loan repayment

Safer bet is to get out before moratorium, because retailers' money are largely in gloves. When they start pulling out, very hard to maintain its current price.

Just giving u the example (Topglove back in 2010), not idea if share will go up/down this time.
From business point of view, bonus issue/share split doesnt change its underlying business. If you are a long term investor, dont worry about it.
From retailer's psychology point of view, 2 cases might happen
Option 1: apply to retailers who dont know anything about share splitting, wah niama topglov drop 1/3 le, cao this counter super cheap ady, confirm can go back up one, hoot gao gao
Option 2: apply to retailers who dont know anything about share splitting, wah niama topglov drop 1/3 le, cao this counter hopeless ady run

https://forum.lowyat.net/topic/808931/+40
Page 3 rayloo, you can read the entire thing if u want to.

This post has been edited by HereToLearn: Aug 22 2020, 05:57 PM

LOL interesting didnt think about that before

Cold Eye simplest summary for those who are lazy to read OR cant find a free copy online
PE <10
ROE > 10
Dividend > FD

PLEASE DO NOT APPLY THIS ON BANKS AT THIS CRISIS (if you want to fish some banks) because
i. High ROE means the banks are using a high degree of financial leverage, things could go really bad, if the financial leverages turn against them. E.g. NPL

Go for banks with low P/B. Why?
Many banks rely on trading operations to boost earnings (apart from loan). Trading = hidden risks, and things could turn sour when the trading goes bad in such a volatile market condition. The reason why some banks (you can search for yourself) have really low profit even though the revenue is relatively unchanged in Q1, is most likely due to the some bad tradings made. Choosing banks with low P/B shield you from the hidden risks (non core profit from loan itself)

But in trading, if a bank could lose so much, the opposite is the same. So whether to take chances on the bank, is really your choice.

This post has been edited by HereToLearn: Aug 22 2020, 09:03 PM

Use this chance to buy cheap stocks when all the attentions are on the gloves. Hope you will be able to finish reading before the glove hype is over ;D

https://klse.i3investor.com/blogs/5_rules_c..._Simulation.jsp
Some guy did a simulation with lihen in 2013, not sure if he actually practice it. If yes, he is filthy rich by now lol

https://klse.i3investor.com/blogs/kcchongnz...g_kcchongnz.jsp
Sorry man, i missed out 2.
NTA - it fails this criteria with P/B > 1
Cash Flow

He also suggests
1. to be patience (time is money)
2. go for contrarian approach (maybe its the only way to buy cheap?)

But apart from that, I think lihen is good to go.
Just my 2 cents cause I dont know what Lihen does. From numbers only, i see great future for lihen

This post has been edited by HereToLearn: Aug 22 2020, 09:21 PM