Saturday, November 08, 2008

Why i say dont follow broker's recommendations?

After my nextnation, i thought i have to find someone who is more knowledgeable in financial field. Someone who is expert in company financial analysis, rather than getting the info from some blogger i dont know. Actually i dont blame them, they r just nice to share their experience. Nobody force me to buy nextnation, the final decision is still on my own hand.

I turned to broker's website. Reading their research. So I printed out few of the so called investment research from broker's website.

U cant be wrong following advise from somebody with the title HEAD OF RESEARCH of some listed company right? They got to have something special right?

After a year has passed, when i am bored, i will take it out and laugh at it. How lucky am i as i didnt follow them....although i did follow them on Kotra...(dog sh*t)

Today price: RM 2.04
Loss: 70%

Today price: RM 2.39
Loss: 40%

Today price: RM 3.78
Loss: 58%
Today price: RM 6.20
Loss: 43%

Today price: RM 0.40
Loss: 57%

Today price: RM 3.44
Loss: 64%

I guess if i follow all, i will be in holland now, not sharing my experience here. Mind u, these r the only few i printed out and all lost money. What about the rest?

1 comment:

Anonymous said...

Do consider going into Singapore's blue chips, esp those govt-linked companies. It's really a bargain. Annual dividends also very shiok.