No one can foresee the future, it’s right that you may sustain a gain of more than 50% of annual return for now, but it may not last when the market crash and your share drop back to where it was before, then your 50% of annual return turn out to be 0% gain. So, if you are good investor, then you should know:
i) Right price to buy
ii) Right price to sell
iii) When to buy
iv) When to sell
All these criteria above is to ensure that you can achieve what you expected.
Today, I have interested in PBBank counter. In my opinion PBBank is a very good stock to hold. No matter what is the entry price, after many years of growth still can sustain above 20% return on investment, it’s proven by the historical share price which is steadily increasing.
If you look at the price on the chart, the price of PBBank was a peak, right? In my opinion if they still sustain growth, I don’t see why not they can’t stay above RM14.
By the way, even the price dropped to about RM7 in year 2008, now it has been going up even higher than before. However, if you looking for long term profit, then you can try this stock as you won’t bother much about daily price movement. Else, you will have wrong judgment when your emotion affected by the market sentiment and movement.