This is a follow-up to my
earlier post of 11 June 2017: “Japfa – Smart Money has pounced on Japfa, what
about you?”
I have divested all my
positions in Japfa. I put in a total of $192,320.2 and my profit was $33,728.8,
giving me a 17.5% ROI within about a month. I reckon that this solid
performance can be attributed to my due diligence and years of experience.
I
mentioned that I used slightly more TA than FA for my entry in my earlier post.
And I think Japfa has hit its strong resistance at about 66 cents. A more
important reason is that I want to use the money to invest in gems from another
growth area.
As 222 China A Large Cap stocks will be gradually included in MSCI emerging market index starting from next June, the market will be changed from one of retail-speculators dominated to value-investing dominated.
As 222 China A Large Cap stocks will be gradually included in MSCI emerging market index starting from next June, the market will be changed from one of retail-speculators dominated to value-investing dominated.
And we know that stock
market traditionally leads the real economy by six to nine months, and that
H-shares listed on HK Stock Exchange are about 26% cheaper than A-shares, it is
time for me to uncover some undervalued stocks listed on the HK Stock Exchange.
Superphang
http://superphang.blogspot.sg
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