One thing for sure is that the next announcement by Ben Bernanke will affect the market movements on the direction of further QE.
If the Feds decide to stop QE, the market is pretty sure to hit the bear stance and start dropping as most investors will anticipate a huge drop in the market. A Ben Bernanke's exit may direct markets as well.
Fund managers are on standby with cash to seize the great opportunity when the markets start dropping.
Hope i have enough cash to size the opportunity, so can you. In the meantime, be cautious with stocks and hold some cash for the GSS.
Good luck people :)
Hi!, i see that your vision is align as the same as mine, following Warren Buffett as a value investor. Great to see someone alike out there
ReplyDeleteWhat do you feel about this company, 'Hartalega' listed on the Bursa?
ReplyDeleteHi Alex,
DeleteI have not done much research on the company yet but looking at the website alone, they have been in various magazine and achieve certain awards.
Their business doesn't sound sexy but they may have good potential in the future. If they are the sole supplier of rubber gloves, then maybe it's time I buy some of it.
If they have a good profit track record for the past 10 years, they will mostly likely do well in future.
If you know more about this company, feel free to share tips with me as well
cheers :)
Hi Lancelot,
DeleteHartalega is quite a good company with a very good business model. It wins their rival companies like Top Glove becos they have the tech to produce nitrile gloves at a rate many times faster than their competitors.
A great company to look out for but currently i feel that it's a little overprice
yup agreed. you know your stuff it is overpriced. Wait till there is a correction before going in. I'm sure you will do well Alex.
DeleteBy the way, i'm a young investor that has just started out. So i would like to learn more the experiences of the 'old birds' out there. All the ups and downs
ReplyDelete