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Don't touch those counters that bought by uncle k, very risky, he always use golden rules to lures small fishes, I don't think there is any counter can continuously growing. To me, so long a company is having stable income to grow its equity then its value will grow too.
with all due respect, uncle koon's statement may distort the technicality of pccs price actions, but not the fundamentals. If you believe in it's fundamentals, you will have to weather the temporary setbacks. there are many counters that is meeting the golden rule but why selectively applied? probably there are some vested interest that we won't know. best is to follow your own entry/exit plan
that's right. so, it should not be about uncle koon. it's the market expectations on what is the fair price; whether is pccs considered a risky asset at the back global trade uncertainties and broad weak sentiments. different people have different objectives and rate of returns.
thanks for the sharing, Sian Jin. I learned about pccs from Wang and finally became a small shareholder yesterday. looking forward to learn from everyone here.
Currently, I think the price for pccs is stable now, but it may not so fast to increase back. There is another opportunity to prove it's value through the dividend. You can start notice now. If the dividend is 0.02, the fundamental of pccs is improving (last year 0.01)
that's nice, Nick Chung. Nick uses TA? can share your opinions based on the price actions over the last 3 weeks on a weekly chart, does it meet the criteria of rising three methods formations? thank you in advance for your guidance.