Wednesday, August 19, 2015

Strong Result Rich Dividend But..... Trend also important

I remember many people was talking about Nam Cheong few months ago, saying that it is cash rich and pays High dividend. That is true, but for those who are still holding it, you gotta take not that the Trend is also important, if you have follow our system Green = Bullish, Orange = Bearish, you would have maximised profit and minimized losses.

If you go to the research report on Nam Cheong Website, you will realise many of them gave a Target price, To me, target price in research report is just base on Guessing, not important at all.

Well, at the current trend, i think is almost time for analyst to lower their Target price

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