Monday, November 4, 2013

What happen to Insas?

In the stock market, sometime you may find something look "cheap" but yet to discover by others.

Due to some good news, stock X have been moving up by more than 100%, from the low of 31 cents to $1.30 recently. The question is, how can one take advantage of this, since you already miss the boat? One of the way is to find out who is their major share holder. Sometime, if you are lucky, you may noticed company A hold 30% of stock X, however, company's stock price is yet to pick up...

Don't need to think twice, one can just buy into company A stock and wait for the magic.

Recently, we have similar case happen in Bursa Malaysia again... this time, company X is Inari, whereas company A is Insas. The time when we spot Insas was 55 cents, and today it's share price give a big jump again close at 78 cents...

The question is can Insas go higher from this level? This stock is fundamentally strong, profit is increasing every year and no need for me to elaborate further. Buying at this level, need to have certain "Kung Fu" if not, better stay side line.

If you are the one who worry too much, then don't touch this stock! (not only this stock, in fact, don't involve in stock market at all if you tend to worry)  Stock market is the best place for us to learn the journey of life. Smart investor know the price fluctuation is part of their life, the point is to take advantage of it to make some money. Sometime, making money or not don't matter, but to enjoy the journey. Price movement will not affect their life. In case if the stock price move into direction different from what they anticipated, they know what to do next!

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