it has been busy months for me. eventually Haio looks hopeless to regain its earning momentum after suffering another heavy profit drop. My 'paper profit' has been entirely wipe out. It is still luck that i'm not losing. I've decided to sold off all Haio on end of October, to look for greener pasture.
So, this means i'm not good enough in stock investment, having earned a lot of paper profit but subsequently losing it. I think this is good lesson, not all stock i can simply buy and hold. I am also 'relieved' to find that a columnist in 'Shang Hai' magazine have the same exclamation about his foray into Haio. I cannot still cling myself onto a company with greyish earning prospect, at least in foreseeable future, might as well i try my luck in applying new share in Petronas Chemical. Seriously with market pretty high right now, i haven't found any stock which is very attractive to buy in, although i still maintain my constantly buy in strategy.
i've just started to take CFA class in Penang. It cost only RM1200 per level, good for me. The next class is starting November 2010.
Friday, November 5, 2010
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