910.HK

对于你的910.HK投资，我疏不苟同，反而觉得你这次比较危险，望见好就收。

原因如下：

1)      The financial statement tells me that the business performance of this company is bad. Fluctuations are so significant. What's more, it is difficult and subject to assess the value to agriculture assets, therefore, my opinion is opposite to yours.

2)      It's better not long-term hold this kind of shares, because it is very speculative instead of being investment-oriented. The sudden jump of its share price is due to the announcement of government policy, without the sound fundamental, the stock price won't be kept longer at such level.

3)      I never abandon myself in technical analysis, when thinking of a stock, it is better to consider it from three aspects:

a)      Market element

b)      Fundamental element, and

c)       Technical element.

At this time, it seems that you focus too much on market element and technical element, but ignoring the fundamental element. And to my humble experience, without fundamental support, the sharp increase in share price is just a momentum, not a trend.

4)      It is dangerous for you to judge a trend based on momentum movement, that's why I think it is better to withdraw your money from this risky speculation.

Regards,

Cyril Chen

p.s. You can take 904.HK as reference.

ACCA

I passed all required exams of ACCA - The Association of Chartered Certified Accountants. Now I became one of ACCA candidates.

Consideration

What I am thinking of is quite complex these days. The discussion with one colleague during Tuesday lunch suddenly inspired me of something. I got a hint to do something, though a little bit crazy, but I am determined to do so because I want to create a bright future.

As for stock market in Hong Kong, well, millions of words have been published that the stock market would crash to 16000, or even lower. Maybe it would happen one day, however, as for many listed companies, their stock prices have already been returned to the level when Hang Seng Index was around 16000, like 1043.HK, like 883.HK, and they are good companies and their stocks are worth of investing. That's why should I distinguish between the index and individual stock? Well, I admit there is a close correlation coefficient between single stock and the entire stock market, however, I still believe good company could beat the market.

And this kind of thought is very conservative, and many aggressive men are purchasing derivative to create forturn from the volatility. Actually, I don't like to do so, and so far, I am only fond of buying low and selling high equities. Maybe I am good at this area:)