I am quite bullish about the market.
I feel it is in the middle between low confidence and over-confidence.
I do not have much cash left, which is not ideal.
My theory is that I should hold 50% cash of what I have in shares.
Why?
So that when the stock market crash, I can use the money to buy cheap stocks.
It is to keep me unworried about market crash, and know what to do then.
I am likely to have a decent bonus next year in February.
So the bonus will be used for me to increase my cash.
Lantro Vision (bought)
Ok PE ratio of around 11%.
Very good balance sheet. Their cash is 30 mil. Their current liabilities is 32 mil.
Total Liabilities is very low.
They do networking, and cloud computing, etc.
I can imagine them being part of the development of many SEA countries.
I can also use them to ride on the data center hype.
Their website looks ugly and cheap. Reminds me of what Peter Lynch said. He is impressed with companies that are thrifty. He mentioned about one company last time when he met the CEO, the CEO does not waste any paper, and uses back unwanted paper to write notes.
They pay decent dividends, at 0.05, and their current price is 0.55. Around 5% dividend yield.
Their 4Q 2014 result is also good. Increase in revenue, and even better increase in net income.
Lets talk technical analysis.
I also feel it is a right time to enter.
Upward long term trend.
Hit the support zone around 3 times recently.
The last hit, there is a bullish pin bar present.
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