Experienced Investor Lo Kheng Hong Encourages Retail Investors: How Come There Are Still Mercy Shares With Avanza Prices

Lo Kheng Hong. (Photo: Dok. Ardiarmandanu.com)

JAKARTA - Seasoned investor Lo Kheng Hong gives advice to millennial investors. Lo Kheng Hong's advice is related to the number of millennial investors who doubt that stock investment with the concept of value investing can still be applied in the current capital market.

According to the man who is known as Warren Buffet Indonesia, the concept of value investing is still relevant today. According to him, those who say value investing is no longer relevant are people who may not own stocks.

"That's what people say it's difficult. But for me it's still like that until now. Usually those who say that don't have shares. If you say you have, there are only a few shares," said Lo Kheng Hong in SPOD broadcast on Syailendra Capital's YouTube channel, quoted Thursday 19 May.

The man who is familiarly called Pak Lo thinks that people who have a lot of shares will not talk that value investing is no longer relevant.

"But people with lots of stocks don't talk like that. Still, value investing is still running. Buy Mercy at the price of Avanza, wait until he returns to Mercy again. I think value investing is still running. I don't have any shares," added Lo Kheng Hong.

Furthermore, Lo Kheng Hong emphasized that there is always an opportunity to get Mercy shares at the current Avanza price, although it is not as much as when the Composite Stock Price Index (JCI) was still around the 4,000 level.