Frankly speaking, I am not confident in the growth prospect of 99 Speedmart. For one thing, its 30+ PE is hard to justify if it fails to deliver substantial annual growth (and yet, considering how many 99 Speedmart stores there are across Malaysia, chances are the market is already saturated
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Notion has declined by more than 40% from its all time high of RM2+ despite its extremely strong quarter 2 results ( judging from revenue snd EPS) and favourable industry prospects. As such, the drop in the price of Notion appears to have been driven by panic selling (given that there has been no deterioration to the fundamentals of the company whatsoever)
As value investors, the saying that one should not catch a falling knife is not entirely accurate. I...
As value investors, the saying that one should not catch a falling knife is not entirely accurate. I...
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Analysts Ratings/Report
It is particularly noteworthy that ALL 42 analysts give Amazon a buy rating, with a low target price of $200 (about 10% higher than the last closed price of $181.30). Most if not all analysts expect Amazon Web Services (AWS) and advertisement revenues to fuel the growth of Amazon, continuing the healthy growth that we have seen over the past few quarters.
Starategy/caveat
1)Analysts ratings, as always...
It is particularly noteworthy that ALL 42 analysts give Amazon a buy rating, with a low target price of $200 (about 10% higher than the last closed price of $181.30). Most if not all analysts expect Amazon Web Services (AWS) and advertisement revenues to fuel the growth of Amazon, continuing the healthy growth that we have seen over the past few quarters.
Starategy/caveat
1)Analysts ratings, as always...
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Against the backdrop of tech stocks sell-off, with Nvidia stock price down a staggering 16.5 % this month, I was amazed that I managed to make modest gains from Amazon. As I only purchased my Amazon stocks in mid -July where investors appeared increasingly wary of the growth prospect of tech stocks, I thought further decline in the stock prices of tech stock were inevitable (in the short term)
I lerned that market/investment sentiment change rap...
I lerned that market/investment sentiment change rap...
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