today haio surge pass RM5. its increase in price has been out of my expectation. actually, few month back when i told my friend i wanna buy haio, some of them don't agree with me. One told me the company is making too many small stock buy back. another told me other stock is better, namely Hartalega. Harta is a glove manufacturer. After i compare, harta's earning is respectable. But it is in a cyclic business which is harder to judge. furthermore, its dividend pale compared to Haio. Looking at such prosopect i see no reason to choose harta instead of haio. As such, i still bought into haio.
with this, it again strengthen my believe that don't be influenced too much on how other people feel about the stock you have chosen. If you have done your homework and decided on it, just do it.
of course there is risk in haio :) but that's another story
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