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Accumulation?

is it a good to time to accumulate $SIME (4197.MY)$ now? Let me know your thoughts
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  • 102683691 : China's business is seriously caught up in internal competition, coupled with the ongoing trade war between China and the United States! Sustained losses are expected! When the losses become unbearable, it is not ruled out to cut losses and exit the Chinese market.

  • Jia Xiang Wong OP 102683691 : True on the china side to things, on the other hand the revenue went up 89% this quarter isn’t that a good sign?

  • 102683691 Jia Xiang Wong OP : 营业收入上涨!营利赚多少?要看营利!

  • 胆大心细 : actually if you look at one year net profit it is increasing. then quarter partially income use to pay acquisition of UMW and Australia industry acquisition last year. if you buy an asset do you need to pay? anyway I just don't expect it will go down that much. clearly state people don't really read financial reports thoroughly. just read news then believe in every thing . may as well buy toto.

  • Jia Xiang Wong OP : Exactly, cos in the fin report everything is pretty good except there risk in china sector. I’m just confused why did the market moved this way, might be due to the drop in profit margin this particular quarter due to the acquisition.

    I’m still new to buying stock, would like to get more angles and perspectives with you guys.

  • 胆大心细 : I am new to it too. just one month old. maybe you read our Malaysia god father 冷眼 master strategy to invest in long term. I kinda feel like why it is so hard to invest long term. since the market fractional everyday without any reason. holding on a position for even one year is challenging. we are all learning . glad to know there are people learning to invest too. let's grow together [undefined][undefined]

  • 牛不吃草 : ikr I was wondering too , weird

  • 104741793 : The risk is over exposed in the CCP regime with impending decoupling & outflow of massive investment which is easier than I thought.

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