$MAGNUM (3859.MY)$ The number forecast operators (NFOs) like Magnum have been on a steady recovery since the full lifting of COVID-19 restrictions in FY22. There is potential for Magnum’s revenue to return to its pre-pandemic level, which reached a high of RM2.7bil in 2019. Additionally, a favourable High Court ruling in July overturning Kedah’s ban on NFO outlets offers much-needed clarity and assurance about their operation, especially in opposition-contr...
Started my investing journey in June, so it's my 5th month now. Time flies, and I didn't feel it at all because the journey was pretty engaging. Rough start - mistakes made and USD devaluation set me back -8% from my total capital injection (no withdrawal made). I insisted not to inject any new capital until and unless I prove to myself I can beat the market. Over time, the strategy and tactics I want to deploy became clearer to me. 1) My safe haven is my MY ...
102811537
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Learning for me from your post is to avoid ETF or Funds. Better to go for stocks. At least we have control to review fundamentals and a bit of technical.
CNNT
OP
102811537
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That would be ideal, but that would also require a lot of capital + deep first hand knowledge, which I'm not confident of now. I consider myself in a learning and experimentation stage, so I'm allowing myself to make some risky moves and see how it goes. Thanks for the feedback though.
102811537
CNNT
OP
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I disagree on huge capital. I am starting with a much lower amount than you however I do see some stock returns from 5% to up to 28%. I did make some mistakes, so I also need to recover that amount before all my gains are positive. Though the amount itself maybe small but looking at percentage of returns, it is better than ETFs. Anyway, no wrong or right. This is just my opinion.
My current investment philosophy is buying and holding good-dividend paying stocks (and most recently ETF was added to the portfolio) and has sound fundamentals (but I did make some judgement errors, as you will see in my list below). This philosophy is temporary as it is born out of my awareness about my so very little stock market knowledge. As I evolve over time, I will 'upgrade' my philosophy. But as of now, I choose to err on the side ...
Space Dust
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UTF, BGFV, gtn, GPMT, OPI, OCCI, OXFL, I have them orchid, ECC, EIC, on watchlist for good entry time.. also, I let go of ecopetrol for now. have you looked at the ones I mention?
Space Dust
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oh, I forgot, this one . I like to look at high yield choices that are at a low point on the charts 1m,3m,1y,5y.. and have indicators that show it may rebound . DEC.
After a rationalisation exercise in July, my cleaned up and trimmed down MY portfolio looks much better now. If you have not already observed, I have a bias for established companies that pays consistent dividends. Upon further contemplation, I need to do another round of rationalisation when the time and price are right, to switch out some counters that are over-valued, low profit margin and eroding EPS such as Nestle, Petron and PERDAG, for income-generating ones...
我要财富自由
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over diversify. with capital of Rm20k, maybe U can consider three stocks. slowly reduce the number of stocks, concentrate your capital in low valuation good stocks. otherwise your return may be diluted among 10 stocks
I started my investing journey on 9 June with no prior experience. So it has been almost 2 months now. And I suppose 2 months of trial and error served as a good learning. I stuffed all kinds of stocks in my portfolio from MY and US, from all kinds of industries, and even some risky tech stocks and SPACs. Needless to say, I did not have a refined strategy or a good grasp of how things work. So, these were my results: Close to 2 months of arduous daily pla...
Why did I add this this stock to my portfolio? 1) consistent dividend 2) long term growth prospects once illegal betting gets eliminated 3) betting trend doesn't seem to be going down. There is always risks associated with taxes and regulatory factors. So it's a bet (pun intended). What is your view on such stocks?
SuperNoobPaPa
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It’s not a bad choice. But don’t expect astronomical share price growth in this stock. Because it is regulated, the growth is limited. The government will not increase the number of outlets, number of draw day or new games. The only upside is additional special draw day a year. But the downside is always there ie potential of higher tax or duties to gaming revenue. And younger generation no longer punts. They spend on gaming apps, instead. So, where is the growth?
CNNT
OP
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I'm hoping at some point, they can overcome regulatory barriers and move part of their business online to take back some market shares from the online players which are not local companies, and do not pay into local taxes. This one is really a bet for me.
103796618 : wow there's a lot