I love to buy shares of companies with little or no debts. I hate companies where investors keep pouring new money though it has been running at a loss like ‘forever’ (over 5 years) and these new money is used to subsidise new POTENTIAL customers and then they (the company’s management) tells everyone that their … Read moreTiming? Buy when the price is low, always.
A good friend told me that he just bought 10,000 units of a dividend stock 2 weeks ago. I think this is the right way to go. If we are still looking at the stock market for quick wins, it may also be a quick loss too. Then, this news appeared today: US faces biggest … Read moreBiggest stock decline in 87 years is definitely a shock
When banks are earning higher profits, that’s good for all industries, right? Basic idea, yes. This is because in a bad economy, businesses will not be borrowing too much for expansion. Banks will also be really selective as they do not want their Non-Performing Loans (NPLs) to go up because there will be some borrowers … Read moreImportant sign for the property market too; BANKS’ results
If we ask our real estate negotiator friends, nearly all would tell us that it’s harder to sell to prospective buyers these days. So, is the property market in trouble? Asking the first-time home buyer or even the ones who are still waiting to buy may not yield the best answer. It’s better to look … Read moreCrest Builder: Higher sales, higher profits (good sign for industry)
Everytime I visit Genting Highlands, I could see the progress of their upcoming new theme park, Fox World. An earlier article here: Genting Highland’s Sky Avenue I think I will have to wait for a much longer time for the theme park to be opened. Genting Highland has filed a suit of US$1bil suit against Walt Disney … Read moreSuing Fox for RM4.19 billion. Market capitalisation dropped RM4.89 billion.
If we love property but we think we need to save more before buying one, how about using some of that savings to buy the property developers instead? It does not need to be RM50,000 downpayment in this case because buying 1,000 units of S P Setia Berhad will need just RM2,160. Based on an … Read moreProperty stocks may now be in favour? Value vs price.
Yesterday, I had lunch with a successful insurance agency branch manager who’s semi-retired and his ex-team lead. Of course the conversation could not run away from election and the stock market. It was a volatile Monday as it was the opening of a market after the change of government. I said that it will take … Read moreIt is not the trust, it is the unknown elements which may be a risk.
Need positive stories, quotes and even videos? As at 11th May 2018, there are a lot of these on Facebook of Malaysians. For non-Malaysians, it’s time to have at least a few Malaysian friends. Haha. Okay, coming back to business. The Malaysian stock market will end higher in less than a month or perhaps longer … Read moreWhen sentiment turns positive … plus good fundamental.
I happened to read Financial Daily today. Take a look at the front page. Usually, the most interesting news would be highlighted on the front page. First up is the biggest one with photo. ‘KWAP GOES LOCAL.’ Basically what this tells us is that the KWAP pension fund thinks the domestic property market offers better … Read moreKWAP goes local, stocks tumble in the US and ‘please don’t resign’ news.
Is the Malaysian economy in trouble? Depends on who you ask these days. One end says it is about to collapse. Another side says this is the strongest ever. Well, whether about to collapse or the strongest ever, life goes on for most working Malaysians like me. I still have to work hard and hope … Read moreEconomy? Bubble? Look at banks, just numbers.