Peter Lim, also know as former King of Remisier.
His secrets are...... Prospect, Patience and Invest for Long-Term.
He looks at sectors.
If palm oil is good, then invest in palm oil sector.
Another key reason for his success, according to him, is Patience.
He does not subscribe to buying one day and selling the next to cash in.
His advice is to invest with a longer-term mindset. Buy a good stock and leave it for 10 years, the return can be many times.
His minimum length of investments are five to six years, or even 10 to 12 years.
Palm oil giant Wilmar International,, which he invested with US$10 millions in the early '90s. It is worth some US$700m now.
He is a Singaporean, and popularly known as the former king of remisiers, made his fortune as a successful stockbroker in Singapore in the 1980s..
Recently he made headline in UK football arena by offering to buy Liverpool football club which he failed. Subsequently the club was bought by American.
Dali called to buy jcy @1.60, jcy is now 0.76, proof here >
ReplyDeletehttp://malaysiafinance.blogspot.com/2010/02/jcys-new-pricing.html
Darlie singh call buy on JCY @ 1.60 :-
Thursday, February 11, 2010
JCY's New Pricing
JCY looks likely to slash its IPO price to RM1.60 from an earlier indicative RM2.00. At RM1.60, its a good price level to get in. I still think its fair value is at RM1.80. Enough said.
Posted by Salvatore_Dali at 1:41 PM
Labels: JCY, Rannes Man
neno
ReplyDeleteThis article provides some insight into this issue.
http://myinvestingnotes.blogspot.com/2010/12/5-most-dangerous-places-to-get.html