Sharing with us lately, Shark Nguyen Xuan Phu revealed the story of “taking part in” securities at Sunhouse – the company wherein he holds the place of Chairman of the Board of Administrators.
Mr. Phu mentioned that Sunhouse has a devoted division for steady evaluation. He doesn’t instantly “play”, however solely offers path.
“Not too long ago, I predicted that the value of mid-August will begin to decline, ie peaking in mid-August. I gave a warning to that division, how ought to or not it’s “out of inventory” in mid-August? At the moment, on the finish of July, the space was began in accordance with Directive 16, enterprise outcomes step by step appeared within the vary of August 10 – 20, however with dangerous outcomes, buyers instantly “run”.
“I am a enterprise individual, so I perceive, simply warn you to purchase no matter you need, however in mid-August I must promote it.“, Shark Phu mentioned.
Earlier than the query of when can be acceptable to purchase, Mr. Phu mentioned: With shares, and epidemics, there are nonetheless alternatives.
“When the Q3 enterprise report seems, the inventory will go down, and right down to the underside will go up. Mainly, I believe the inventory market nonetheless has an opportunity, as a result of nobody is aware of what to do through the epidemic, and journey cannot be executed. These individuals are going to be F0 coming into the brand new market, and so they’re taking a threat.”
“Now it will be quick waves, peaking after which correcting ten p.c after which up once more. Each time the market corrects 5-10% buys, earns 5-10% sells. , my equipment “performs” like that. If “performed”, earlier than VnIndex went as much as practically 1,400, now if it drops to 10%, someplace at 1,250 might be purchased, 1,350 bought once more,” Mr. Phu mentioned. .
Mr. Phu revealed that in 2020, the revenue from securities funding actions will account for about 30% of Sunhouse’s revenue.
