Foreland Fibretech

  • cheongwee
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12 years 1 month ago #11173 by cheongwee
Replied by cheongwee on topic Re:Foreland Fibretech
Yes, let mkt decide. Fool are those who long here since yrs ago. at high px.
But I still see a rally coming to s-chip, unless you bought at the high, if you buy at ard current px will be fine, save that it did not default like Greece will be fine or do another china milk.
Truthly, most s-chip are for speculation only. Our penny are safer.
I have hugh profit, just let the casino money be here for awhile longer, only for this one only..

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12 years 1 month ago #11175 by cheongwee
Replied by cheongwee on topic Re:Foreland Fibretech
Risk and money management is of utmost important irrespective of whether you long or short or trade.
If you do not have a risk management and thinking that this or that is of good value after reading financial statement or analyst note, You are as good as a customer of MBS or RWS casino.
Just like what I am doing here in this foreland.
Remember nothing shd be taken as face value, they are make by management
Are they honest?We do not know.
Thus a risk management can save you from all these crook.
A solid company can go wrong all of a sudden, like s-chip.

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  • Planner
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12 years 1 month ago #11176 by Planner
Replied by Planner on topic Re:Re:Foreland Fibretech
My friend, it's not the 'greater fool' phenomenon at work. It's the herd mentality! I ain't part of it, and I am buying S-chips selectively.
[hr]
[Guest 27-09-2012]:

If the penny S-Chips are so cheap, why are there little or no share buy back? Mr Market is more efficient than you think. Presently, it's mainly just "the greater fool" theory at play.

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12 years 3 weeks ago #11823 by Dongdaemun
Replied by Dongdaemun on topic Re:Foreland Fibretech
The Board expects the Group to report a loss for 3Q 2012 due to the weak economic sentiments...

Not surprising that the downturn has hit Foreland.

Yes, this might present a buying opportunity for when the textile industry recovers, as it surely will. Just mho.

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