Is M1 a falling knife?

Sometimes, life is stranger than fiction. In my years of investing in SGX stocks, I have come across many investors who persisted in buying more shares of companies whose business fundamentals turned sour. Perhaps they did not have the time to read the financial reports or maybe they just lack the competence to do a proper due diligence. So in M1 case, is it a case of catching a falling knife?

When investing in stock, never just study the trend of the share price. This is especially so if you consider yourself to be a long-term investor.

Recently, several financial bloggers purchased M1 shares on the basis that the shares had reached a “break-through” level. Whether they had made the correct decision is subjected to debate. After all, there is no right or wrong in the stock market. The only thing that matters is whether you have made money from the stock investments.

In my point of view, I would avoid investing in M1 shares at all cost. And the latest financial results vindicated that business fundamentals of M1 continued to slide.

[This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]

You can sign up as SG Wealth Builder Member. New members signing up now will receive a bonus investment report (16 pages) on Singapore stocks! The membership benefits include:

1) Access to the latest premium articles of SG Wealth Builder
2) Email notifications of latest blog articles
3) Access to Wealth Forum for investment ideas and discussion
4) Free bonus investment report
5) Request for coverage on stocks, insurance and other personal financial topics
6) Comment in articles and Wealth Forum
7) Future network opportunities

Note: After payment is made, you will be prompted with registration form to create your userid and personal password.

[wlm_paypalps_btn name=”SG Wealth Builder (Monthly Recurring)” sku=”0E2C0C62C0″ btn=”pp_pay:l”]

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Magically yours,

SG Wealth Builder

Leave a Reply