Two perspectives on the responsibility in financial losses

Perspective 1: Take full responsibility of your investment action I used to have only one perspective on the responsibility in financial losses. That perspective is that everyone, including me, must assume 100% responsibility when we make losses from buying or selling any investment products. When I buy a stock, whether it's on the recommendation of … Continue reading Two perspectives on the responsibility in financial losses

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Katrina FY17 H1 result

Katrina Group released its first half result of FY17 two weeks ago. The result was terrible, and its share price plunged following the announcement. Revenue declined by 1.6% yoy, but gross profit dived by 41% yoy. This impact to bottomline is huge, and net profit dropped from 1.7m to just 420k. Few points to discuss: … Continue reading Katrina FY17 H1 result

Market overreaction from Amazon buying Whole Foods

The news of Amazon buying Whole Foods is nearly two months old. The deal is valued at $13.7bn, representing a 27% premium to Whole Food's closing price. When the news was announced, the stocks of traditional grocery stores were clobbered. Walmart tumbled 5%, Target -5%, Kroger -9%, Dollar Tree nearly -4%, Dollar General -3%. Roughly … Continue reading Market overreaction from Amazon buying Whole Foods