Weekly market analysis by Fan Jun-- covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Wednesday, May 11, 2011
Falling Angels or the Best is Over?
Market is going to sleepy mode now, just as it does most of the time.
I have the "Down but not out" list from the Edge magazine, the picks based on comparison of its peak to current price is a rough measure to me. As company business are in cycle, the companies which were great five year ago may not be great anymore today. A good example will be Creative which is 69 bucks 10 years ago, worth only 3+ bucks today.
Anyway, there are still some gems among them( the list), which are good long candidates now if combine with technical perspective:
Cosco
Gallant
Guocoleisure
Guocoland
I have the "Down but not out" list from the Edge magazine, the picks based on comparison of its peak to current price is a rough measure to me. As company business are in cycle, the companies which were great five year ago may not be great anymore today. A good example will be Creative which is 69 bucks 10 years ago, worth only 3+ bucks today.
Anyway, there are still some gems among them( the list), which are good long candidates now if combine with technical perspective:
Cosco
Gallant
Guocoleisure
Guocoland
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