Best World   

THE BEST IS YET TO BE

Stochastic chart shows it's overbought. It's also rising on low volumes. Not a good sign.

 

zhuge_liang , how about u?

 

From a FA point of view, Bw is undervalued. Will hold on until FV is reached before selling!

 

Hi Stockking,

From a TA point of view, I would not consider Best World because of its low volume and low price. TA doesn't really work on relatively cheap counters with low liquidity.

 

We can use Best World as example. Can the TA, FA and TA/FA gurus tell us what  is your entry price and selling price for Best World?

 

There is not right or wrong...TA or FA or TA/FA as far as the method work for you!!

 

My knowledge of TA is only at a "superficial" level. I feel a combination of both TA and FA would be good. Fundamentally good stock still get affected as the market is essentially still manipulated by man and having FA would help to "cement" your TA analysis is right

 

zhuge_liang, can you share your buy and sell criteria for stocks?

 

In an ideal world, one could use just TA or just FA. If you only use TA, there's the the chance that oversold stocks can be more oversold and overbought stocks can be more overbought. And it doesn't tell you whether a stock is good or lousy. If you just use FA, you will suffer significant corrections from time to time. In reality, a combination of TA and FA is best. This has served me well for the past 10 years.

 

Interesting... I'm a TA purist... which works well for me. Bullrun is a FA purist and zhuge_liang mixes both TA and FA.

Because our methods work for us individually, I guess the difference between the 3 of us is really the trading horizon and the psychology.

 

By Lee Su Shyan - 22 September 2005
The Straits Times

INVESTMENT firm 2G Capital and Hyflux chief executive (CEO) Olivia Lum sold a total of 27 million shares in the water-treatment firm at $3.45 apiece on Tuesday.

In an ideal world, we can combine TA and FA. In practical, that is very difficult. I would just like to stick to FA which is had served me very well over the last 20 years!

 

Bullrun,

I'm a TA person who also use FA. I monitor the market and research the stocks on a daily basis. Unlike others who just use FA.

 

BullRun and Stockking,

Sure, I managed to work out the Maths, In 2002, Hyflux's price range (adjusted for bonus shares and dividends) was $0.403 - $0.688. SGX website no longer shows the disposals by 2G. In Mar '02, the highest price was $0.572. Today, it's worth $2.36. Do you have a recent article on 2G?

 

zhuge_liang, Spend more time to do your research before investing in stock market, if you couldn't even get the history right, you wouldn't be able to forecast the future!

 

zhuge_liang, u  managed to work out the maths? My estimate is that the gain is around 10x!

 

zhuge_liang, Apart from the price difference....

HYFLUX LTD
	DIVIDEND	8 May 2006	10 May 2006	22 May 2006	SGD 0.0035 NET OF TAX
	DIVIDEND	8 May 2006	10 May 2006	22 May 2006	SGD 0.01 ONE-TIER TAX
	BONUS	21 Jul 2005	25 Jul 2005		OFFER OF 1 FOR 2
	DIVIDEND	5 May 2005	9 May 2005	26 May 2005	SGD 0.0127 TAX EXEMPT
	DIVIDEND	5 May 2004	7 May 2004	19 May 2004	SGD 0.007 LESS TAX
	BONUS	8 Dec 2003	10 Dec 2003		OFFER OF 1 FOR 4
	DIVIDEND	28 May 2003	30 May 2003	10 Jun 2003	SGD 0.005 LESS TAX
	DIVIDEND	17 Sep 2002	19 Sep 2002	1 Oct 2002	SGD 0.01 LESS TAX
	BONUS	13 Jun 2002	17 Jun 2002		OFFER OF 1 FOR 4

Look at what happen to Hyflux.....u go and work out and see how much you would have made if u invested on Hyflux on Mar 02 till now!

 

 

zhuge_liang, article is dated and that is history. Do u know how much Hyflux was in 2002? Do you know at what price 2G disposed off some of their Huflux shares? and Do you know how much  Hyflux is today compared to Mar 2002?

 

That article on 2G was dated Mar 2002. That's history. Since then, prices have fallen. Especially Hyflux's. Of course, we then have the famous ACCS scandal.

 

teeth53, do get too excited with the day to day variations!! ya, the best  is yet to be...but no going to happen so soon. BW need to deliver again to convince more ppl that they are in fact on tack to be the next Amyway or Avon!!