Over reaction
$Raffles Medical (BSL.SG)$ A strong foundation company with cash and minimum debt, good future should not have dropped more than 10% in a day. Mature investors should have anticipated that profits will go down after Covid period. Anyway good for me to stock up for long term. When time is bad, people still have to see doctors.
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HappyGotLucky OP : Covid related activities might be a lot less but I think other businesses will start to pick up as well as the countries open up. The 9 months revenue is actually not too bad if not for the lower profit margins. I have high hope for the future of this branded company with good reputation locally and worldwide. Invest in the future and not the present...
MJ23 The Bull : sub 1 soon
HappyGotLucky OP : A new 52 weeks low
102858008 : yesterday drop 10%, today another 10%? Time to load more
HappyGotLucky OP 102858008 : I would still have to be cautious... will just slowly accumulate over the next few days. Human beings are unpredictable and emotional...