Club Mulgoa

Tuesday, August 21, 2018

Old adage in a new sector...

This is an old comment. My late father went to school for only 2 years because of abject poverty during the long Chinese civil war in the early 20th Century. However, he had generated some very basic advice for investment.

If a business is doing well for many years and increasing its sales, it is worth investing in. I think even if he was an illiterate, he would have made the same investment strategy! Due to a recent change in which sector I invest in, I am collecting very nice alpha today. WTC had a massive jump because of good earning figures. While it cannot make projection, the trend and reading in between the lines, it is expected to make bigger earnings. Meanwhile APT, Z1P, NWL, NXT and XRO also give me nice alpha today.

Because of instability in the Australian political scene, the market is faring badly. This is lemmings following sentiment rather than logic. Hence, it is a great time to top up!

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