As our CSE Diary yesterday highlighted the bourse performance being for all types of shareholders, value hunters are still digging for the treasures amidst an episode of pony plays. A short termism approach could take the herd instinct but watching not to buy at the top and sell at the lowest.
Whether the stock market is hot or cold and whether the economy is booming or in the middle of a decline, one thing remains constant; Fundamentals always win over the risky short penny bulls.
We have suggested a steady portfolio (initially highlighted in our Issue 01 Top 10 Star Stocks) on Pg09 with a 60% and 40% investment allocation. The 40% allocation looks at the growth counters. The sturdy history of price performance of these counters supports our biasness on the portfolio argued on gains in terms of capital and dividends.