Hidden treasures

One had waited until the manifestation of an oracle on ‘what has been spoiled by the mother’ in Hexagram 18 Ku, before asking the Yi again if it was alright to buy more shares in the company (say GT) in question. Since that oracle, the company’s share price has been falling for some three over months and had fallen by half, reaching for the first time a life time low (which one had foreseen and indicated to my Daoist friend some eight years ago), a price less than 2% of its 1997 high reached before the onset of the Asian financial crisis.

On GT, the Yi answered with Hexagram 26 Ta Ch’u / The Taming Power of the Great with the second, third and top lines changing which changed it to Hexagram 24 Fu / Return. So what did the Yi want to say?

26 Judgment
The Taming Power of the Great. Perseverance furthers. Not eating at home brings good fortune. It furthers one to cross the great water.

24 Judgment
Return. Success. Going out and coming in without error. Friends come without blame. To and fro goes the way. On the seventh day comes return. It furthers one to have somewhere to go.

From experience and the self-made table for investments, Hexagram 26 is good for share investments. If lucky, the return on investment could double. The image indicates hidden treasures*. But in the miscellaneous notes [Book III W/B] the hexagram depends on the time.

Hexagram 24 indicates a return from decay and depicts the time (December-January). Hexagram 18 talks about decay and work have to be done to rectify the spoilage. What has been spoiled by the mother takes a longer time to rectify as one must not be too persevering. Although not included in the equation, the three lines (2, 3 and 6) in Hexagram 26 depict wait; follow others at the right time (meanwhile practise defence daily); and attains the way of heaven; respectively.

Therefore one had waited (investing in two other counters instead), then began to buy (after selling the two counters for a profit) when someone started accumulating GT shares. (The buyer is buying slowly and had probably accumulated more than ten million shares to date, while the former CEO remains the main seller who has lots of money to burn. He still owns some 40 million shares!) And hope that the share price will reach 2005 highs by end of this year (Dec-Jan).

Surely this means not eating at home (to work for a living) and to cross the great water (to overcome major obstacles-the 40 million shares yet to be sold)? And friends come without blame as to and fro goes the way. (My friends and relatives are also accumulating GT shares.) (Under the circumstances, what comes down must go up.) Then on the seventh day comes return! And it furthers one to have somewhere to go. (One has bought back the GT shares sold earlier and still accumulating, closely following the guidance of the Yi.) Meanwhile, one cheerfully waits for the right time!



*Hidden treasures.
The share price at the time of asking represented a 560% discount of its NTA or book value of each share. The development of the huge land bank has commenced recently and has good profit potential because of its location. Foreign fund managers are currently looking at property counters in this region because of the recent de pegging of both the Chinese Renminbi and the Malaysian Ringgit.

(Relevant entries in May and June: Spoiled by the mother, Work on what has been spoiled (Decay), and The Well.)