Shares & Derivatives
ThaiBev Analysis
By ccloh Strategic Investor Zone  •  August 26, 2018
ThaiBev as observed is a very much talk about stock at the moment mainly because it has fallen from a high of about $0.985 in Aug 2016 to $0.64 on 24th Aug 2018, that is like a drop of about 65% already.  Has it reach bottom or still have some more downside ?  That probably is the most discussed about among the stock community now.  Apparently, most analysis came across is using Elliott Wave so here will be using Elliott Wave to analyze.   The above is the big picture regarding the amount of drop with respect to Fibonacci Ratio.  The 161.8%, a very common level to drop to is around the current level at $0.645.  However, there is no guarantee it will not go beyond that.   The chart above is the famous STI crash in 2008 during the GFC.  It has ......
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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