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(06-06-2015, 12:38 AM)Curiousparty Wrote: I think it is skilful accumulation. Let the sellers throw down and accumulate patiently. No need to push up the price too much
(05-06-2015, 10:43 PM)vesfreq Wrote: (05-06-2015, 06:30 PM)Curiousparty Wrote: Another 120 lots bought by insider on 4 June.
I suspect today too, insider was buying up.
SGX announcement. Wong Yuwei did another purchase. But, sum not sizable enough. Make it big big.
Then you also very skillful. Shareholding n accumulation so stealthy.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
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Thomas Chu also bought up more shares. Announced today. Prices quite well maintained at 90++ cents.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
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09-06-2015, 12:08 AM
(This post was last modified: 09-06-2015, 12:53 AM by Curiousparty.)
Insiders are not always correct and they don't necessarily buy at the cheapest price ... In fact, sometimes they just have to buy for pretence, etc ....BP will be a steal between 70 to 75 cents, ie another 20% drop from current price or 40% drop from the recent high at 1.15
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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No change in view. In terms of value , it is still a steal. Key is what price one pays . One can pay a fair price for a good company or a good price for a good company . The latter case would be ideal . Sorry about the confusion
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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Agree with GG - next cycle stock... if can be back in favour.
Just look at macro industrial property market segment and prevailing ruling, not difficult to reach this conclusion...
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