13-12-2023, 02:27 PM
(13-12-2023, 12:57 PM)ghchua Wrote: Dear all,
LHT had certainly done well lately in terms of share price! Year to date, it is up more than 30% and still going strong. A value trap? Certainly not, in my opinion.
This case study had underscored my view to always stay patient with stocks, especially when you do value investing. A stock can do nothing for years, but when it moves, it can surprise everyone, including myself sometimes.
Exactly, imho, value trap sounds like an excuse to say you don't understand why & what you buy in the first place. There is no such thing as value trap or growth trap, it's just a matter of you are right or wrong.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
"The flowers that bloom in the spring, have nothing to do with the case".