Hi there,
Welcome back to my blog again after a long break. I have thousands of thoughts in my mind. Acutally, my emotions and thoughts are mixed up as i wrote this blog. The reason why i am writing this blog is because i need a place to sort, organise and crystallise my thoughts on life and investment.
Yesterday, i looked through some stocks like FITB and HBAN and they trade at US$30 and U$15 and no insiders has bought them recently. Stocks like Dairy Farm and Hong Kong Land trade at US$5 and the balance sheet has worsened since the past 5 years because of huge debt and less cash. It is definitely a no buy. For stocks like A-Sonic, it went up from 22 cents to 53 cents due to good dividend and the cash pile is 33 cents per share. Alas, I did not buy this stock because I did not think well of the stock because of its low profit growth and prospects. Well, every stock has its day. I really should kick myself for not buying this because I spotted this stock in september 2019 and say it is a good buy but i did not act on my analysis. Aiyo.
Well, we got to find another stock like A-Sonic. Our goal now is to turn our investment into $700,000.
