Monday, October 1, 2012

"The salted fish comes alive"

This is a cantonese idoem  which means " nothing is impossible" or  " impossible is nothing " if a salted fish can come alive. Is this possible or could such things happen ?  It is absurb and impossible , right? But, it really happen in shares or financial transactions.

There are lot of shares in the equity market which have fallen well below par due to the wrong doings of the management  or the turn of events which is below controls.  However, most of the time, the management team are well off while the company is let to rot.

If we  check around the listed shares, there are shares with 5 cents or 10 cents per share when their par value is one Ringgit or  Ringgit fifty cents. Some of these shares are under PN10 which means the company have declared bankrupt.  However, if the company catch a second wind or get some lucrative contracts, the management of these companies would then start to move the shares and push it back up to its par value or over it. Most of the time, this is speculative in nature.

So, before the happy turn of events, these shares are like salted fish and kept far away from our mind or sight.  We have written it off and let it be a misfortune.  When the " spring wind" come blowing, the shares become alive and start growing again.

There are people whose career have been frozen due to their own doing or due to the wrong chemistry with their bosses but if the bosses are change, sometimes, these people became important again to the new management. So, the fortune of people will change. In the Chinese belief, each person's fortune will change in a period of 10 years.  Hence, don't worry if you are in the bad books of the bosses, there is always an opening like the saying goes " every dark cloud have a silver lining".  Believe in yourself and be patient.

Hence, there is nothing impossible and with the right patience and the mental strength, we can achieve the impossible.  But , be practicable, it does not happen all the times but some of the times. Wish yourself, good luck.

Namaste.

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