Determination

Determination is the Key for success!
Set your goals and move toward the direction! Don't ever change your course of sail in the middle just because of other people's words, critics. Or else it is an expensive lessons to be learn!
e.g. is Parkson at RM 3.8 at good bargain? Is MSC at RM 3.8 a good bargain? Is Sapind at RM 1.34 a good bargain?

To answer this question , you need to understand the who company!
1. Parkson: drop from sky to RM 3.2 and now crowing back to RM 3.8. MOST people will shout at you drop EPS with WEAK QE! drop from 7 cent to 2 cents! RUN RUN.... Parkson HK also drop from HK 7.6 to HK 3.2!! Question is ... is it a good buy?

It depends on how you look at it? GOOD points: blue chip at LOW, long history company, This is the downturn, it is the Opportunity! It is the Time. So ...
At the end of day, you need to weight both PRO and CONS , then make a decision for yourself!

If you ask me ...
Is Sapind at RM 1.20 a good buy? I will say... wait for the QE3.. if the result still not so good... I will buy at LOW! I knew the value of the company.

So, the key is... know your facts well... once you had make up your mind, DON't HESITATE... don't let other peoples decision deter you. MOVE forwards!

Let say you make up mind... BUY ABC RM 100K. just buy it when the time is right! and keep it under your pillow! don't hesitate. DOn't fear! when you done your homework!

Happy TRADING....!

Fong Siling: Sapind

Master Fong Siling said, to choose a good stock, pick a stock with
1. High Dividend
2. Capital Appreciation / further growth of the company
3. Able to resist the drop in Stock market.

Among them, Sapura Industrial fulfill all these criteria.
But, due to its reduce EPS and poorer result last year ( which EPS of 18 cents for year 2012), its share price at discount to its fair value!

It had been linger around RM 1.3-1.5 for quite a long time. It is time for its recovery soon!
Reasons for Sapind:
1. PE < 10 , EPS 18 cents
2. Future growth ( given its strategic plan for expansion )
3. NTA RM 1.1
4. High dividend.
5. Currently at almost year low!

The 7th Biggest Share Holder! Master Fong!