The best time to buy a stock is when everything seems wrong with it. This is because by the time everything will be working well enough in a company, the shares will become very expensive.
The shares of Transcorp has been doing all kinds of funny dances, pushed up by inside forces from time to time, falling like a stone some other times. It should be remembered that this company has some good prospects if they can get their acts together.
They are into hotel management, oil wells, telecommunications, etc. All these companies on their own are money spinners, not to talk of what will happen when they all start doing well. Lets keep our eyes on this one.
Thursday, 3 April 2008
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