As at 5 September 2018, Magni-Tech Industries Bhd (Magni-Tech) is trading at RM 4.80 a share. It is 36.8% decline from RM 7.60 recorded on 4 August 2017.
Source: Google Finance
You may ask:
- Why is there a massive decline in Magni-Tech’s stock price?
- How to avoid buying Magni-Tech at RM 7.60 on 4 August 2017?
- Should I dismiss Magni-Tech as an investment?
- Or, should I grab it now at RM 4.80 a share?
First, I believe it is important to define what a good investment is in the stock market. Different individuals would have different beliefs and views on it and thus, would invest differently. As such, please allow me to share what a good stock investment is:
Good Investment = (1) Good Stock + (2) Good Price
For a start, a good stock is one that grows profits consistently. It is ...
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