Tuesday, June 26, 2018
Properties Theme Play
Properties-Index : I rided property-stocks when the whole theme play was in ... from HuaYang, Tambun, Malton, MKLand, MahSing (wb), PJDev ... etc etc ... to bigger cap such as SPSetia (selldown due to boss Liew exiting and created Ecoworld thru back-door).
Eventually ... the theme play will no longer in play.
Unless you are believing that we have reached the bottom of the property-cycle and heading for recovery, there is no good reason to buy into those properties-stocks. In case you think they are cheap at current low... always remember that LOW could only go LOWER.
One homework all could do is to check HOW long could last.
Time to nap ... zzz ...