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SALUTE (0183) - Follow Up on Main Market


SALUTE had completed the story of transfer, from ACE Market to Main Market on 24 March 2017. Let's just do a quick wrap up on SALUTE.
SALUTE - Daily Chart
The vertical line in the chart indicates the day of proposed to be transferred to MAIN Market (30 September 2016) till the day SALUTE really transferred to MAIN Market (24 March 2017)[1][2]. Recently a lot of profit taking had happened to SALUTE. Guess, it need some time to chill down.
Snapshot from Bursa Announcement [2]
Duration for MAIN Market Transfer: 175 days equivalent to around 6 months
Closing Price to Closing Price: 1.37 to 1.7 (+24%)
Highest Possible Difference: 1.36 to 1.88 (+38%)
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If you had been following my blog, i first blog it on 28 December with the share price of 1.26, you can actually reap a handsome 50% from SALUTE.
Snapshot from my second post on SALUTE[3][4]
In my second post about SALUTE, i mentioned about INARI increased 300%, ELSOFT increased 100% and for a safety and comfort level, i assumed 50% for SALUTE and the share price is around 2.06. Even though the highest is only 1.86, i still think that some of you had harvested a good profit within these few months. Another thing i would like to share is for me, the reason i sell will be the reason i buy.
When i am sharing with my friends, i constantly reminding them. If your reason is because of the Quarter Result, regardless the result is profitable or non-profitable, you must remember to sell, either cut loss or take profit. This is to hold to your own promise and respect your own decision. If your reason is to hold for Main Market transfer, and now SALUTE is already in the Main Market, so you should be taking profit. Do not be affected by other people's sharing, we must only solely depend on our analysis and our faith.
I strongly believe that, in our investment journey, we should always remember of this 3 words. "Research", "Foresight" and "Faith"[5]. Research will let us realize more knowledge and widely increase our experience. We need to find out the truth and investigate. What we should do is continuously asking "WHY" for at least 3 times. Why this? Why this provoked that? Why that will provoke that one? The WHY should be asked in a chain manner. Go search for information in the website, read more. Do not ever restrict ourselves to the information in the internet, we can also subscribe investment magazines to expedite our learning curve. If our search is wrong, then we REsearch again.
Research
Foresight or vision is obtained from our investigation results. After every investigations and case studies, we sure will learn a lot from the experience. Or we can try to imagine, after another 50 years, how will our world be transformed to. If a technology can help us to resolve our current issues, and you are among the early community who realize it, that means that you have a good foresight. Let me make myself clear, if the method is able to resolve the current issues, and you manage to spot the trend, meaning to say that you have a good foresight.
Foresight
Faith comes from how deep you our knowledge on that specific topic. The more you understand, the more faith you have. If your faith is not strong, once something happened, our faith will shatter. Our lifes are full of challenges, same goes to our investment journey. Some people will keep on challenging our foresight. Thus, it is up to us to continue to investigate, to double confirm the facts and at the same time, confirming our foresight. 
Faith
The terms "Research" are associated with Fundamental Analysis, the "Foresight" comes from the Technical Analysis and "Faith" comes from Projection Analysis. There are a lot of things for us to research nowadays in regards to the future trend. Imagine, what are the trends nowadays? Industrial 4.0? Cloud Computing? Internet of Things? FINTECH? Renewable Energy? These might be the future trends. A lot of big companies are doing their researches on these topics. As an investor, how can we miss out the future market trend?
If you like my way of analysis and you haven't join me in my facebook, appreciate if you could like my FB page, https://www.facebook.com/gainvestor10sai/?fref=ts
Thank you^^
Lastly, lets RFF- Research, Foresight and Faith, and Ride The Wind and Gainvest
Gainvestor 10sai
2 April 2017
7.30am
Sources:
 
SALUTE (0183) - Follow Up on Main Market 
http://gainvestor10sai.blogspot.my/2017/04/salute-follow-up-on-main-market.html

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