JTiasa : When KYY mentioned he bought at RM2.04, it rebounded and went all the way up to RM2.70 ... CPO was rebounded sharply then too ... from 2200. Today, CPO is going below 2000, it is 5-year low at current level. Yes, CPO is oversold ... tracking soy-bean prices. How will this CPO price level help JTiasa. JTiasa is not a main plantation counters ... but a huge timber-player.
When JTiasa was trading at RM2.62 in the beginning of July, RHB maintaining their BUY call, with target price at RM2.95. So, from the chart ... RM1.95 will be a good entry as we are having a RM1 discount, right? By the way, RM1.95 is CIMB's target ... latest RHB's target is RM2.41
AMMB placing BUY call with target RM3.16 ... so, we have 2 - 1.
Plantation counters not in favour ... so, I have avoided and sold all my plantation(and related) counters.
I will continue after my classes when I am home (but it could not be updated in i3?)
go to :
http://www.cpteh.blogspot.com TEH
AyamTua
matakuda loves this stock! kikiki .. siap dengan lagu greenday lagi
2014-09-01 14:00