It has been exactly one year since ah Boy holding this stock. He is really happy with his first stock investment. Rightly so. Most importantly, he started to learn the wisdom in stock investing particularly value investing. Had he been in and out from the market he would have got slaughtered during the Q4 mayhem last year. And I believe not only him, many inexperience stock players got slaughtered as well. His initial investment capital of only RM10,000 does not account much but the patience and wisdom that he learned goes a long way. With current price at RM0.53, he would have make a tidy 40% paper profit, in one year. How's that. Very much better than FD rate.
The Stories here and here.
Dear Uncle Z,
ReplyDeleteYou hv been very quiet for quite some time already. I know that our market action is not very exciting at the moment with so many global and local issues clouding the sentiments. I believe you still hv a lot of other investing knowledge In your pockets which you can share with us for the benefits of amateur investor like me. I really enjoy reading your articles and look forward to practice whatever advice given in order to improve my own investment skill.
I would really appreciate if you can start being active again in sharing your ideas on investment and the fundamental skills that each investor must have and adhered to. Sorry if this is too much to ask as I believe you must have been very busy and it is not an easy task to find the time to do frequent blogging... I just wanna to. Ake sure that your informative blog will not run into its natural death like most that I have seen.
Thank You and my best regards.
Hi Uncle, are you still holding Hovid?
ReplyDelete