Popular Holdings

[KopiKat]

yes,

I agree with at the current price, it's perhaps more of a traders trading. my guess would be most of the value seekers have gone in at earlier prices, well below the NAV.
but could we ask ourselves in reality, how many are traders forced into holding positions involuntarily.

and if popular price goes up alls well and people who went in now are smiling their way to bank, but if the reverse happens, how many so called true value investors can take paper losses with a pinch of salt and sleep as soundly as nothing happened.

it's just human psychology. how many people can actually suffer paper losses and behave as though nothing has happened.(myself included).

I remembered you posting in another thread (I think the $1Mil retire at 35 one) that you're achieving $60k / yr (or more?) from stocks investing. If that's the case, you must have your own methods that worked for you.

How about sharing with us, if you were to apply your methods, at what price you'd buy/sell Popular Hldgs shares and the reasons?

In my case, I'd already posted my reasons over several pages of this thread. I'm also not selling yet as I subscribe to this saying,

Price is What You Pay,
Value is What You Get

At this point in time, I don't believe the market Price has caught up with the Value yet. If Prices were to drop, yes, I'd most likely be losing sleep but for a different reason - How many more to buy? Will it rebound too fast? etc. and etc... I'll of course have to continue to analyse their results as and when it's released for more clues...

---

Notable trade today,

10:24:57 0.220 20,000 Buy Up
10:24:57 0.220 50,000 Buy Up
10:24:57 0.220 50,000 Buy Up
10:24:57 0.220 10,000 Buy Up
10:24:57 0.220 50,000 Buy Up
10:24:57 0.220 30,000 Buy Up
10:24:57 0.220 10,000 Buy Up
10:24:57 0.220 100,000 Buy Up
10:24:57 0.220 20,000 Buy Up
10:24:57 0.220 30,000 Buy Up
10:24:57 0.220 20,000 Buy Up
10:24:57 0.220 30,000 Buy Up
10:24:57 0.220 9,000 Buy Up
10:24:57 0.220 11,000 Buy Up

See the same time? Total 440lots @ $0.22 at one go... Guess who?? Not me, I have enough to keep me awake at night for now...

Confirm it's Old Man again, but total = 540 lots
See SGX Annc

Also, another 141,000 on 27-Jul, see SGX Annc

For today, I did noticed a few big buys. Most likely same as above. But, as promised, will not be too engrossed in posting such data in the forum.