Ensure right stock name, ticker and even exchange for investing in stocks. Don’t collect tips, did not record full details, buying wrong stock with close name, ending up a giant stock may become a junk stock.
In the last Ein55 charity course, we also shared 2 “Ah Seng” stocks in Malaysia with very similar names, both are giant stocks but very different business: Hup Seng (biscuit) vs Hap Seng (plantation).
Sometimes for the same business group, there could be similar names for subsidiaries but different stocks. Sometimes a subsidiary stock (eg Vicom) could perform much better than its parent stock (eg. ComfortDelGro) which has more diversified business.
Even for the same stock, “what to buy” may not “now to buy”. A common mistake of beginner in knowledge collector (tip strategy) is to Google, searching for good stocks to buy, not knowing that the same stock could be bearish in trend (wrong timing) or could change in fundamental each quarter (eg BreadTalk, Q4/2019 recorded a “loss”).
Independent decision making with PA (Personal Analysis) is important. Learn from Dr Tee free 4hr course to take action on the right global giant stocks. Register Here: www.ein55.com