Sunday, July 14, 2019

“Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop.”

Graham的The Intelligent Investor一書的第8章講市場波動最後作了一個“概括”,在這一小節裡最後指出市場的參與者常犯的兩個大錯誤,那就是:He should never buy a stock because it has gone up or sell one because it has gone down. 兩個because都是斜體字。

應該把華爾街這句座右銘貼在電腦前:
“Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop.”

Thursday, July 11, 2019

LION INDUSTRIE----HOW MUCH HAVE TO PAY TNB?????

LION INDUSTRIES CORPORATION BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY")

PROPOSED EXPANSION INTO THE FLAT STEEL BUSINESS THROUGH THE PROPOSED ACQUISITIONS OF FLAT STEEL ASSETS FOR THE PRODUCTION OF HOT ROLLED COILS AND COLD ROLLED COILS ("PROPOSED EXPANSION INTO FLAT STEEL BUSINESS")
We refer to the Company’s announcements dated 3 July 2018, 30 August 2018, 13 September 2018, 20 September 2018, 1 November 2018, 12 March 2019 and 11 June 2019 in relation to the Proposals (collectively, “Announcements”). Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Announcements.
On behalf of the Board, TA Securities wishes to announce that the Company has received a letter from the solicitors acting on behalf of TNB dated 11 July 2019 informing that TNB has agreed to Megasteel’s request for an extension of time to satisfy the conditions precedent as set out in the Tri-partite Settlement Agreement, from 30 June 2019 to 31 December 2019.
Save for the above, all other terms and conditions set out in the Tri-partite Settlement Agreement remain unchanged.
This announcement is dated 11 July 2019

LION INDUSTRIES......

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2019

LION INDUSTRIES CORPORATION BERHAD

Financial Year End30 Jun 2019
Quarter3 Qtr
Quarterly report for the financial period ended31 Mar 2019
The figureshave not been audited

Attachments

  • Default Currency
  • Other Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2019

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2019
31 Mar 2018
31 Mar 2019
31 Mar 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
693,366
919,557
2,417,791
2,443,294
2Profit/(loss) before tax
-72,484
68,463
-98,585
163,526
3Profit/(loss) for the period
-71,195
62,103
-95,264
153,622
4Profit/(loss) attributable to ordinary equity holders of the parent
-72,167
60,675
-96,568
144,257
5Basic earnings/(loss) per share (Subunit)
-10.60
8.91
-14.18
21.19
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
2.6000
2.7200

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

记住记住

Growth investing,就是着重找有護城河,可以不斷自我投入增長的真正成長股,是一種不執着估值的投資方法。如果說價值投資是在於避免買太貴的公司,成長投資就是在於避免買增長太慢的公司。。。。。。。。。。


成長快而價錢很貴 vs 成長慢但價錢很便宜 可說是股市中永遠的難題, 因為好東西總是不便宜, 便宜的多不是好東西

有網友說, 他會放棄找好公司, 反而去找那些有機會變好的壞公司, 因怕遇上好公司變壞的悲劇, 。。。



壞變好應該難過好變壞,通常好變壞要年計,你會大把時間在相對高位沽貨。如yahoo, nokia, 思捷,利豐。

相反壞公司Keep 住壞的機率大很多。

类似LONDON BISCUIT......账目真的有问题

賬目上有問題,有真有假
另外就是主席大股東出事率甚高,
好像現在有多晒出事


https://news.rthk.hk/rthk/ch/component/k2/1466558-20190704.htm?fbclid=IwAR05e25lMvY5Yxwj9xpwKWCpxCccVk-wYvdrm-avAdS3cIGihfa0gKPhkDQ


難道發了達就亂來,或是因。。。
還是另有隱情???
真不得而知,多了樣不明風險

Wednesday, July 10, 2019

市場過度預期7月急速降息,最後打臉的將是自己。降息也説明美國經濟看壞,美股有大幅調整可能。

今晚美元指數先貶後升,美股高開低走,市場劇烈振蕩,顯示市場瘋狂對賭「Fed年底前降息3碼」。

市場預期 7 月降息二碼之機率已升至 23.5%,但仍大幅低於降息一碼之機率76.5%,且Fed支持降息二碼官員幷不多.


市場過度預期7月急速降息,最後打臉的將是自己。降息也説明美國經濟看壞,美股有大幅調整可能。