Jia jia
2023-01-22

Remember two years ago, me and my friend intended to buy $TENCENT(00700)$ but at that point of time the stock price was at the peak. 

700HKD per share, min lot 100units would costs usmore than $9,000.00. We can't afford to get it, but we keep the stock in the watchlist, patiently waiting for the time to entry. Over the years, Tencent had gone through all the obstacles and external threats given name of "electronic drugs", the tightening of Covid measure in China, Inflation... (all kinds of threats)


The price has gone down alot, but all the external threats does cause much too it's value:

Our patient has bring us the great opportunities. Around the end of the last year, 2022. We managed to acquire a little portion of these stock. We're blessed that the stock continue to rally and breakthrough it's resistance in just a few months.

Patient in market counts.

Getting in at the right price do helps. 


You will see your return when you have patient.

Happy Value investing, blessed Rabbit Year 2023!

兔年行大运 ,财富《兔》出

Modified in.2023-01-22
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Comments

  • YvetteGunther
    2023-01-23
    YvetteGunther
    Will have a golden cross cross soon of the 50 and 200 moving average. Going to be a great year. Extremely undervalued.
    • Jia jia
      Looking forward. This is long journey
  • jeffry09
    2023-01-23
    jeffry09
    To prosus investors: the multiple of Tencent is fair but not cheap and Europe has yet to correct. The board was closed. The question is why.
  • XantheJuliana
    2023-01-23
    XantheJuliana
    I expect Tencent to trade sideways for a year before break out towards testing the all time high.
    • Jia jia
      Yes, as long as no surprise and new regulations from china policy
  • Svengers19
    2023-01-22
    Svengers19
    Thanks for sharing
  • 壮志高飞
    2023-01-22
    壮志高飞
    patience is wearing thin for most haha
    • Jia jia
      Yes, rather than chasing high
  • NEWBIE
    2023-01-22
    NEWBIE
    thank you for sharing
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