After months in the doldrums, the market has finally shown some signs of activities in recent days. Once again, pennies led the way. Favourites like Memstar, Jade, GMG, LottVision and even Uni-Asia are once again leading the way.
Is it a sign of things to come?
MYOB advocates caution and points out that in such volatile times, it is perhaps best to buy into stocks with large margin of safety.
As a outreach series, MYOB will start a feature on legendary investors. Martin Whitman, founder and Chairman of Third Avenue Management, will be the first. Regarded as the modern day Graham (by moi), Whitman loves buying into cheap and good ....
Stay tuned!
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