Remember two years ago, me and my friend intended to buy $TENCENT(00700)$
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
Modify on 2023-01-22 23:54
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- YvetteGunther·2023-01-23Will have a golden cross cross soon of the 50 and 200 moving average. Going to be a great year. Extremely undervalued.1Report
- jeffry09·2023-01-23To 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.1Report
- XantheJuliana·2023-01-23I expect Tencent to trade sideways for a year before break out towards testing the all time high.1Report
- Svengers19·2023-01-22Thanks for sharing1Report
- 壮志高飞·2023-01-22patience is wearing thin for most haha1Report
- NEWBIE·2023-01-22thank you for sharing1Report
- YeddaJohnson·2023-01-23Would hope one day a research report suggesting that the core holdings in the range of $75 - $85 plus the current cash cow generation1Report
- KingJo·2023-01-22Ok1Report
- Volton·2023-01-22K1Report
- TigerRon·2023-01-22post moreLikeReport
- Volton·2023-01-22L1Report
- Ryanccs75·2023-01-22I see1Report
- Anita65·2023-01-22😎1Report