ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › H - H v
HupSteel

HupSteel

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
paullow Offline
Member
***
Posts: 463
Threads: 7
Joined: Feb 2012
Reputation: 12
#251
22-04-2013, 01:55 PM
maybe not a bad thing. allows those who din buy it time to get some. anyway now is still ard 1/2price. like extended gss.
Find
Reply
FFNow Offline
Member
***
Posts: 422
Threads: 25
Joined: Sep 2010
Reputation: 3
#252
22-04-2013, 01:59 PM
(22-04-2013, 01:55 PM)paullow Wrote: maybe not a bad thing. allows those who din buy it time to get some. anyway now is still ard 1/2price. like extended gss.

Exactly! Market is giving opportunity to buy more. It's still grossly undervalued at current price of $0.24. The adjusted PB considering Fri's announcement is around 0.5.
Visit my personal investing blog at http://financiallyfreenow.wordpress.com now!
Find
Reply
nitro Offline
Member
***
Posts: 103
Threads: 12
Joined: Oct 2010
Reputation: 4
#253
22-04-2013, 02:08 PM
really hard to predict market.

last month - no good news, rocketed till $0.275 with volume

today after good news, rocketed till $0.255 and normalized to $0.240

maybe we can pool some $, and pay Kevin Scully to do coverage.
Find
Reply
kuku Offline
Member
***
Posts: 56
Threads: 0
Joined: Jan 2013
Reputation: 0
#254
22-04-2013, 02:43 PM
I like muddy water hahaha
Find
Reply
cif5000 Offline
Senior Member
****
Posts: 564
Threads: 2
Joined: Sep 2010
Reputation: 17
#255
22-04-2013, 03:15 PM
It seems that everyone is waiting to exit this baby. Some are willing to do so at 24. Others are waiting for 30, 35, 40...using the NAV as the reference. ONLY financial institutions want to take it at above book. So how? If big fish never come, wait loh...
Find
Reply
kuku Offline
Member
***
Posts: 56
Threads: 0
Joined: Jan 2013
Reputation: 0
#256
22-04-2013, 03:17 PM
nvm we take dividend lo...patience
Find
Reply
cif5000 Offline
Senior Member
****
Posts: 564
Threads: 2
Joined: Sep 2010
Reputation: 17
#257
22-04-2013, 03:23 PM
To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?
Find
Reply
paullow Offline
Member
***
Posts: 463
Threads: 7
Joined: Feb 2012
Reputation: 12
#258
22-04-2013, 03:29 PM
(22-04-2013, 03:23 PM)cif5000 Wrote: To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?

diversification is for the birds.

i couldn't agree more with u.

immense wealth is created by focusing on less than 1 handful of stocks.
Find
Reply
cif5000 Offline
Senior Member
****
Posts: 564
Threads: 2
Joined: Sep 2010
Reputation: 17
#259
22-04-2013, 03:47 PM
(22-04-2013, 03:29 PM)paullow Wrote:
(22-04-2013, 03:23 PM)cif5000 Wrote: To add. I think classical Grahamian stocks should be bought with a dose of diversification. A basket of these should do well over time. But...diversification is for the ignorant, right?

diversification is for the birds.

i couldn't agree more with u.

immense wealth is created by focusing on less than 1 handful of stocks.

paul, you are funny.

A story came to my mind where this aspiring investor tried to convince a 70yr old man on the importance of thinking long term for his stock holdings.
Find
Reply
paullow Offline
Member
***
Posts: 463
Threads: 7
Joined: Feb 2012
Reputation: 12
#260
22-04-2013, 04:04 PM
cif5000, sorry i dun get wat u mean. too mind twisting.
musicwhiz can u advise wat he means?
Find
Reply


Forum Jump:


Users browsing this thread: 17 Guest(s)