My Trading Adventure

Stock watch : MBSB (code 1171)

CP TEH
Publish date: Mon, 16 May 2016, 11:07 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message


MBSB : At low ... this is weekly chart. The merger deals off ... and it is drifting lower ... not a good stock to buy at current level of RM1.26

Technically .. all indicators are bearish ... so, in my opinion we should avoid to buy MBSB or even think of average down.

I have not followed MBSB since the merger-talk broken down ... and without the "bail-out", this is not a good fundamental counter for us to hold on. I am just replying an e-mail I received this morning.

Note : This is only my opinion, Mr A.R ... technical point of view. Also, do check the NPL as if not mistaken, they are giving loans to many gov-servants and many defaulted their debts.

TEH
More articles on My Trading Adventure
Update : Plantation Stock (JTiasa and WTK)

Created by CP TEH | Nov 24, 2019

Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Giant waterfalls : BStad and SPSetia

Created by CP TEH | Oct 08, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

End of Sept : Awaiting the selldown

Created by CP TEH | Sep 30, 2019

Do nothing week : Awaitin' for sales

Created by CP TEH | Sep 24, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
2 people like this. Showing 2 of 2 comments

ksng0307

agreed

2016-05-16 13:11

oasischeah

agreed 100%

2016-05-17 13:47

Post a Comment