Some guys have a fetish for moles than holes....Apparently she was quite a catch when young in junior college.
Some guys have a fetish for moles than holes....Apparently she was quite a catch when young in junior college.
Thanks to china virus. Anything exported from china is shit!
but that's what you would get if Telsa winds up today ...a mere $10If we only invest based on book value, then Tesla will prob be worth $10. Haha
hope for more big crashes in share prices of ALL state-owned companies.................and more retrenchments too..................Oppo will HUAT in 2025...........
Uncle how many more post u wan to go on about book value? May be your book only worth half because out date or u buy expensive that time. May be all worth less. You think they dare tell u share holder? U think book equal value? Aiyo then every one can open shop be fun manager lah.but that's what you would get if Telsa winds up today ...a mere $10
but in reality you won't even get that $ 10 per share ...because a book value is the real value of the share but when it goes for a forced sale ,meaning put to auction by liquidating auditors ,that 10 doĺlars may just fetch 10 cents in a fire sale situation
I am speaking from real experiences ..my friend was a liquidator for Cooper and Lybrant in the 80s ...during those days very few specialised in this field ...so he took charge of HK office ..when HK had a downturn in 84 ...millions and millions of asserts and property owned by public limited came under his jurisdiction...in fact ,a court appointed liquidators has the power even to set aside court judgements
anyway ,I saw rolls Royce were auctioned for thousands which were bought for hundred of thousands ...likewise many many assets
hence in short ,stock market is a legalised gambling den that does not reflect a company value ...you are not trading based on it but simply SPECULATING on a company future earnings ...again ,it's a total fallacy .WHY ?
because who are you to know a company future earnings ?you are not the director nor its management ...even they don't really how a company will perform in future on certainty...Yes ,the directors and management had also gambled because they too are taking a risk but it's a CALCULATED risk
Uncle how many more post u wan to go on about book value? May be your book only worth half because out date or u buy expensive that time. May be all worth less. You think they dare tell u share holder? U think book equal value? Aiyo then every one can open shop be fun manager lah.
I like the funny bit of your post ...but you must understand book value is not a word you and me coin ...it has legal value ,sort of speaking ...in short ,the company law makes it mandatory for all companies to disclose it to the general public ...it's only the general public doesn't know what the fuck it is
absolutely ,rightly saidBook value investing is for old days whereby growth is tepid and can be estimated quite easily.
In a similar fashion, you can’t apply PE ratio valuation to tech companies such as Amazon or Google.
hence in short ,stock market is a legalised gambling den that does not reflect a company value ...you are not trading based on it but simply SPECULATING on a company future earnings ...again ,it's a total fallacy .WHY ?
because who are you to know a company future earnings ?you are not the director nor its management ...even they don't really how a company will perform in future on certainty...Yes ,the directors and management had also gambled because they too are taking a risk but it's a CALCULATED risk
absolutely ,rightly said
since in tech companies the assets are indeed the manpower and brain that innovates ..since the physical assets of a tech companies are merely its phones chairs and tables and laptops ...book value is more apt for ongoing concerns with physical stocks and etc
but the topic here is Singtel and there is nothing tech about Singtel
in one of my post here ,I had mentioned that the quality of the management is a critical criteria for investors ,which would encompass tech companies too as Google or Amazon
again investors are not exactly the same as people who gamble in the share market ..of course ,an investor still need the share market to buy shares ,but would not deal in buying and selling for short term
The HangSengIndex was based on daily watching companies performance changes up or down.... These buy high sell low, and buy low sell high things....
I played with my $5k money and boom, wahlanleh.... Huat ahh....
absolutely ,spot onjust to add on, it's important for investors/speculators to realize the stock market is a zero sum game. your win comes at someone else's loss and vice versa.
absolutely ,spot on
a pertinent valid point which i quite forgot to mention
in fact ,that's how some biggies draw small time suckers to their peril
as a matter of fact even our MAS did that in the past ..they deliberately leaked news that certain currency going to perform in certain way ...myself ever took the bait and took position on that currency ...fuck ! got my fingers badly burnt