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kim low with this uncertainty leverage is not good option. company earning is in questions, if go thru their annual report past few years u will see and compare each year u will notice something. u can enter once they solve the issue, when the trendline is bullish. oil price going up sapnrg still at the same price
Muhd Aasif I agree with you, but alot of them are too stubborn to admit their mistake, and they keep using Warren Buffett lines like "be greedy when people are fearful and be fearful when people are greedy" but even Warren Buffett won't use this line of his for a company that have financial report issues, and that is why he didn't buy lehman brothers during the 2008 housing crisis.. Don't try too hard to convince those stubborn people, they won't listen, just like those people in glove last year
Mr Kim Low, what is your investment philosophy? Before you buy a condo you heard rumour that it's foundation may not be stable, do you buy because it's cheap, now selling RM300k and Ori price RM800k OR you wait until engineer certify all good before you invest?
If you buy in hope of making RM500k but ended condo collapse.. you lose RM300k. Risk exists even when not confirmed... Of course your sales agent and property developer will always tell you everything ok.. same like Karim say it's ok
Human greed is never ending, even in real life owners of Empire Damansara will never cut loss. Every year don't cut, every year bleed. Sometimes cutting lost early help you preserve capital to fight for another day.
No one here is interested to force you to sell condo at RM300k so they get good deal. People are giving genuine thoughts to cut and wait.
what is there to advise people here in bursa? people r adult enough to own their consequence....no one asks u to sell house sell wife sell karcheng to invest....people lose or win is people business...people win already dont give u a penny...people lose already u also dont give people money