Why Is 99Speedmart's Stock Price So Expensive?

[@Eugenewong794]

While ur thesis is good, and 99 has a great business model, my concept in investment is always margin of safety first, first goal is dun lose money, and 99 ady at a stage of a near matured company, theres only so much they can expand before their ROIC drops, theres a saying in bursa, when it enters KLCI, its time to exit, and also based on fund flow, we can see that foreigners are buying up 99, and based on history, they tend to be short term orientated, when they start selling, the share price will tank quite a bit, out of the consumer stocks mentioned, i only have farm fresh, and i only bought it cos it UMA last year, when it dropped to only 20x earnings, and i accumulated a significant anchor position then slowly buy the dip as it recovers, and i personally think FFB has a longer runway vs 99, hence the valuation is justified for FFB

[@rasmawiy8615]

No la..no such thing

[@ronnieyong]

as long as they continue to meet expectation and the forecasted growth and profits they will keep going up. But having said that all it takes is 1 bad financial results and you will see the price tanking abit then another 2nd bad financial results will see more abandon it. So it all lies on the management team. PE ratio will drop as profits increase. So when profits drop so will price.

[@Eugenewong794]

agreed, its all about trust, but theres another issue with 99 i didnt mention, which is visibility, this counter is very visible, a lot of eyes are looking at it, the more visible a company is, the lower ur potential returns, cos big funds will enter and drive up the valuation, you wan to discover and enter b4 the big funds do, and for ex, with cpo hitting 5k, im ady in plantation back when it was 3k plus, thats how u make money in stock market

[@HogensonSaden]

What's the best way to profit from this stock market run?

[@LeilaMcDonald-x4i]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known stock market consultant

[@JenniferFlor-q9e]

Venturing into stock market as a newbie was very difficult due to lack of experience which resulted in loosing funds... But Mary Jane, restored hope shes a good woman

[@DavidBrooks-o5t]

Certainly! I diversified my $35,000 portfolio across different markets.

[@DavidBrooks-o5t]

I made a net profit of around $117k by investing in high dividend yield stocks, ETFs, and equity.

[@ChristopherHarris-v3p]

Totally agree...With her help, I diversified my 25k portfolio among different markets during this bearish market period.

[@kwokmichael4895]

Rm 3 coming.11/11/24 12.30am

[@fanyong7883]

Good content

[@knfk]

One more plus for Speedmart is that they don't have any credible challenger. Also why your head keep going left right left right.

[@gqn2]

It helps with the speaking rhythm

[@lplp7656]

Not so valuable insights

[@LJ9089-r8w]

How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards

[@End_rick997]

My CFA Karen Lori Burke is a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate his/her income in this economy downturn

[@LJ9089-r8w]

Please educate me. I've come across this name before. Now I am interested.

[@Yheyehe]

Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors earn consistently. Others will just sit and watch.

[@MPK237]

This is correct, Karen's strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..

[@End_rick997]

She's on face book, look up her name 👇