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(13-02-2015, 09:24 AM)westin1 Wrote: Looking weak now... may break down soon....
Maybe upcoming result bad....
Ermmm... Why say looking bad? If looking bad, earlier on was worse. Not long ago, ces was doing 97 cents n went back down to 83 cents
Price is the function of sentiments of various market participants. But, value is what each participant see. We should be looking at the value rather than sheer price movements. Prices can be erratic and may not correlate with the business. Just my view.
It will help forumers a lot more if you can substantiate why you feel that the counter will not do well. Price fluctuation is surely not a convincing point. Or is there certain news that you knew which was not mentioned in the press?
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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Thanks vesfreq....im looking more on the tecnical aspect....stilll learning from the masters here... hope im wrong....
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(13-02-2015, 11:09 AM)westin1 Wrote: Thanks vesfreq....im looking more on the tecnical aspect....stilll learning from the masters here... hope im wrong....
Ermm.... the value add in the forum is really that the discussions have "substance", like what curiousparty did with his in depth views.
If you look at technical aspect only, then a lot of stocks cannot buy liao cos they would easily be in the red with all the adverse market news such as peace talks in russia, crude oil glut and etc.
Just my two cents. To quote another forumer "price is what you pay and value is what you get." Probably thats why the forums is named "valuebuddies" instead of "technicalbuddies".
Shall let the topic pass. Its already off topic. Also thought the view you had sounded very "unvaluebuddy". Do share any of the news, rather than on the basis of price movements. Like I said before 97 to 83 cents in the past not long ago should have caused many to dump the stocks, if we had used price as the sole basis for decision making.
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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13-02-2015, 02:42 PM
(This post was last modified: 13-02-2015, 02:44 PM by edragon.)
I say, price is what you paid and price is what you get when you sell, not peanuts. haha.
Correct me if the statement is factually wrong.
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97 cents is Major Resistance. Any news on Fulcrum sales and Melbourne project?
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Don't have to worry much at 97 resistance.
Current NAV = 91 cents.
CES is going to report ~20cents EPS gain for Q4 alone.
(15-02-2015, 11:12 PM)BeDisciplined Wrote: 97 cents is Major Resistance. Any news on Fulcrum sales and Melbourne project?
[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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Hopefully it will act as a catalyst to break above $1.00 when they report on 24th Feb 2015.
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Even if it doesn't break above $1, it goes to show how much Mr Market is undervaluing CES.
With RNAV hovering at ~$1.70 (very conservative), it might not be long before some big investors realize its true value.
CES is fast building up its recurring income baseline. We can see it strongly materializing from 2H 2015 onwards
(16-02-2015, 09:46 AM)westin1 Wrote: Hopefully it will act as a catalyst to break above $1.00 when they report on 24th Feb 2015.
[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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