80 cts?!! :O or u meant 8 cts?!
(20-03-2012, 08:40 PM)Drizzt Wrote: [ -> ]i still holding on to this at 80cent
I thought you are quite a young guy...didnt know you bought these shares when they were still known as inter roller Engineering
It wasn't too long ago that Pteris was called Inter-Roller. When I was investing (trading, actually) in 2005-2006, I already knew of this Company and it was doing very well with its strong order book and when I flew overseas, I even saw their brand name Inter-Roller on the baggage collection system.
The rest is history, I guess. To see if a business can survive through cycles will require a careful study. Sometimes, history is on our side but other times it requires thoughtful analysis and cool calculations/projections. This is why investing is not easy.
(20-03-2012, 08:40 PM)Drizzt Wrote: [ -> ]i still holding on to this at 80cent
Wow! This goes back to the year 2006
Or 2003? ....before the Rights/Bonus/Split
Come on guys, a long term investor will have some failures/laggards/underperform stocks under his/her belt.
Some minor, some spectacular and some of them are basically horror stories.
I have lotsa too.
United food
Celestial Nutrifood
Oriental Century.
Goldtron
...
...
Why do I buy? Search me...
Yes, no fuss about that. Making loss is just part and parcel of picking your own stocks. In fact i can say those losers taught me more lessons than any winners at any time. Losers can only make you wiser
i also have this "scar"...
I too have my scars. Have been paying dues for around 12 years now. If we were to list down all the mistakes we made, it will be really long. Some of my mistakes (and I paid dearly for them)
China Enersave, Tuan Sing and EU Networks: Supposedly hot tips from contacts
CAO: "Market darling" without looking at the fundamentals and cross-checking with other people
I now subscribe more to a theory for buying good, under-valued counters at far below intrinstic values and just hold. This strategy has served me well (THG, Portek, Kim Eng). The forum is a real treasure trove as I really learn a lot from all the gurus here. Keep the discussion flowing!
Long Live Valuebuddies!