Jakarta, CNBC Indonesia – Applying the principles value investing, seasoned investor Ground Water, Lo Kheng Hong revealed a strategy of selecting stocks. Especially, in times of a pandemic like now.
According to him, during the pandemic of Covid-19 lasts, not the few companies which recorded good performance. What these companies offer a low price so profitable investors.
He likened the moments that occur on the exchange when the pandemic is the golden rain.
“So when pandemic, we have to bring a bucket that is large and we can hold the gold. We buy a good company at a cheap price,” he said, in a talk virtual Tuesday (08/02/2022) night.
According to him, the sectors that benefit many times since Covid-19 first entry in the 2020 to 2021, in which the sector is banking. Then the other sector is coal.
“It’s coal mine it’s so profit will be increased a lot. Then next is oil palm plantation sector. [Dengan naiknya harga CPO]of course just the palm oil companies will get a big profit,” he added.
Further, he added, there is also a sector which was unusual, but suddenly so nice. For example, a shipping company. In addition to the cruise, there is also a glass company.
For your information, the Lo is a successful investor who was born February 20, 1959 and is often dubbed the Warren Buffett of Indonesia.
Lo rate, to be a stock investor it can be made rich, because to become an investor in a public company, its stock price will always increase and generate huge profits.
He also applies the principle value investing, or invest by buying stocks with low price, but the potential for continued growth.
Lo also noted to be shareholders with ownership above 5% in some issuers, such as PT Clipan Finance Indonesia Tbk (CFIN), the issuer finance of Panin Group, then the factory stock tires PT vale indonesia Tbk (inco) and shares of the issuer media Group MNC PT Global Mediacom Tbk (BMTR).
In addition, he also became a shareholder in the issuer’s mine group Indika Energy, PT united tractors Tbk (untr).
(sys/dhf)
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