Quote:
Originally Posted by Tay
My CEO , u dont punt rays or car lah, u punt mkt to make big $. However, to be frank, do know pple punt on rays, like stock mkt, trying to buy as low as possible and selling off at a profit. Ur way of buying is not punting lah, is patient buying.
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huh? market pricing so transparent, can anyone other than direct importers or breeders buy and resell rays for profit?
define profit... $10? $50? $100? on an equity base of a few hundred or few thousand??
That's not profit lei, ppl who do that do not realise they are not being adequately compensated for the livestock risk and holding cost they take on their books, that's just clearing stock price lei..