Saturday, July 3, 2010

Buy when undervalue , not cheap

““Our strategy is simple. We buy when things are cheap and sell when things are expensive. We don’t care if the markets have corrected 10% or have gone up by 200%.
If we feel that the stock is undervalued, we will establish a position in it, For stock bets, Wong Kok Hoi, founder and chief investment officer of local boutique fund management house APS prefers to bet on fundamentally-sound counters that are plagued by bad news"

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