GreenKing
commented on a stock · Aug 17, 2021 19:22
$Futu Holdings Ltd (FUTU.US)$ the stockmarket nowdays don't ...
$Futu Holdings Ltd (FUTU.US)$ the stockmarket nowdays don't follow fundamentals..buy on rumours and sell when politics step in. I noticed most China stocks in US market are taking a hit despite good financial reports. Caution peeps. I rather buy into american companies in US market for now
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Love Durian : Right Choice. MeToo
Love Durian : Sometimes is too too cheap to resist
GreenKing OP : actually to be correct, fundamentals are for long term growth. As such if you buy for long term, I think its fair price at today's situation. But then again more of such platforms are sprouting up. The way I see this competition is that newer companies will offer lower commissions if not no commission at all. As such I feel there are better long term stocks to invest.
Love Durian GreenKing OP : This stock no way to be long term investment. Just buy and dump. Long term must look stocks that don’t swing up and down that fast. Look into apple And JJ….
GreenKing OP Love Durian : yep same thoughts
alxz : I agree. Futu gives me a good lesson. The Political Issue is the largest risk factor for Foreign stocks..
GreenKing OP alxz : yep untill they become friendly again then I think China stocks is good
redevil88 : Finally PE ratio from 90 to 30.. this is the correct price. lets see on 31st aug after results