CNMC 2Q result out...declared $0.0018 dividend...right now price is cheap...good time to accumulate...i m still holding mine(average price 0.261)Another stock that i m watching, Sarine Technologies - its an israel company making machine for diamond cutting, cash rich...its a cyclical stock, highest price @$3.00++, now $1.70++, if can drop to below $1.00, can accumulate...My strategy is to wait for gold to shoot up than cnmc will up, than when sarine drop below $1, will hantam gao-gao...hopefully it will happen soon...:)Happen waiting...-Alex-
wow, thanks for the infomation, I heard the gold price might go further down once US raise interest rate. I believe you are well aware of this and just wanna know your opinion about this.
The fed will raise rates, or will not. i dont know. but look at the situation now, commodities price tumble, it will cause deflation, fed cannot raise rates if deflation happen. they only can print more money to boost economy and increase inflation.Maybe Fed will raise rates for 1 time, but after that they need QE4, that's why i think gold will up soon. Either deflation or inflation, gold will also up. the 1 thing that hold gold down probably because uncertainty when fed will raise rates. Also, those big banks is manipulating gold price...CNMC cost is very low, less than USD600/ounce, so still got USD400 profit margin...:)-Alex-
thanks alex, there are many things i dun know and 1st time heard from you, meaning im still l'm still very new to investment. just now i saw CNMC drop below 0.2 now bounce back, will take note about the price. :)
haihhh...yesterday morning greenish time i entered liao...never know is drama only.....I think besides share i need to invest in other thing too...JS
RMB drop quite a lot yesterday hence impact the share market, not sure how its relate but RM to USD is 4.XX today. Now market sentiment very bad, need to be careful. DO NOT PLAY MARGIN ya.. not at this moment.