Presbhd - racing higher Part 9

Prestariang

After taken 8 months rest, it is indeed exciting to continue with this title again. Today the stock price was up 16 cents to break its all-time old high RM2.73 registered on 02.04.2015 to close at yet again another new record close RM2.85.

It is a good experience for those who have been patient and truly subscribe to the notion of long term investment. If you have been with me with this stock, I think by now you understand it is no so much of just earning the extra few cents each time the stock price hits new high but it is the discipline that you have developed to stay on course and not sway away unnecessary by the sentiments in the market place. If you are for earning for the extra few cents, you might survive this round but there is no guarantee you will survive the next storm. Investing in stock market is about long term survival when most people are knocked out halfway through. Presbhd is one example and it is a good example and making huge profit on top of it.

One may argue it takes a person with steel heart to do nothing but holding stocks when the entire market was affected by political turbulence not too long ago. Well, if it is not due to politic, it will be something else. As long as there is no serious catastrophe like 9/11, political turbulence is just part and parcel of stock market risk and you have to know how to manage it.

On the side note, year 2015 is coming to a close. I am looking out for a new stock opportunity for the new year 2016. I am confident this one will do well for next year 2016. Once everything is given go-ahead by my team (on technical aspects of course), I will share with my investing circle and later to this blog space.

Good luck.

Its price closed at RM2.85 on 07.12.2015