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View Full Version : Bear market on mon & tues

chipmunk
July 22nd, 2003, 10:00 PM
Hope the market will turn for the better on wed to friday.
bolts
July 23rd, 2003, 08:49 AM
Originally posted by chipmunk
Hope the market will turn for the better on wed to friday.

Yes. It will. Apparently Wall Street went up yesterday because US forces shot dead Saddam's two sons in Iraq.
chipmunk
July 23rd, 2003, 06:49 PM
Originally posted by bolts
Yes. It will. Apparently Wall Street went up yesterday because US forces shot dead Saddam's two sons in Iraq. But my Giantwireless and Leong hin shares kena affected :(
bolts
July 23rd, 2003, 09:09 PM
Originally posted by chipmunk
But my Giantwireless and Leong hin shares kena affected :(

If you pay a fair price for the share and the stock itself is fundamentally sound, you shouldn't worry.
chipmunk
July 23rd, 2003, 09:24 PM
Originally posted by bolts
If you pay a fair price for the share and the stock itself is fundamentally sound, you shouldn't worry. Do u think the price of 0.145 is fair for leongHin. Now i started to feel that it is too high liao.
bolts
July 24th, 2003, 09:03 AM
Originally posted by chipmunk
Do u think the price of 0.145 is fair for leongHin. Now i started to feel that it is too high liao.

It would take some amount of calculation to determine it's intrinsic value. If the price you buy is 50% discount from this intrinsic value, it's a fair price. Your 50% discount is your safety margin.

You DID do your homework before you buy, rite?
chipmunk
July 24th, 2003, 06:40 PM
Originally posted by bolts
It would take some amount of calculation to determine it's intrinsic value. If the price you buy is 50% discount from this intrinsic value, it's a fair price. Your 50% discount is your safety margin.

You DID do your homework before you buy, rite? Did homework for giant but as for leonghin it is purely speculative and punting purposes.