MRDIY being pushed up by few research houses super high target prices... Kossan after last year extraordinary performance, it is normal to be at range of RM4-5...

Post removed.Why?

Target price of HLG n Kenanga always ahead of others 4-5 weeks .... These 2 months , HL research become another research house always giving higher target price than others ... RM9.60-10 target price ...... :)

It will go down to below 7.50-7.70 if follow fundamental....:)

Pchem still posting below average quarterly profit for last 2-3 quarters n wonder HL research keep giving higher target prices for many heavy weight counters in KLCI...The target price of RM7.40 or above 7.20 looks irrational at this point of time ....

With the support of Icap CEO MR TAN, who is famous for value investing n more than 30 years experience in share investment... Krono is safe investment n Krono involved in data storage n enterprise data management, the trend of digitalisation of South East Asia countries will benefit Krono in near future ...

Agree with Coolbull n Vanbasten... Public bank at $4-4.30 is like ex bonus issue of Rm20-21.50, actually not much room to gain after RM4-4.10 but they r investors n even research house like HLG keep telling the glory time of Public bank during year 2000-2015/16.... With conservative top management n older age CEO n got exposure too much in mortgage loans ( residential n commercial), the future of PBB is not as bright as Maybank or even HL bank .... rich valuation at this moment is another factor need to be considered by new n experienced retail investors...

Anyway, Unisem at above 7.80-8.00 already reached its peak for this round of going up cycle , should have not much room to gain ... Those large cap technology- semiconductor counters like MPI, Unisem n Inari have reached expensive level since 1-2 weeks ago ...

Thanks to HLG n Cimb research to give super high target prices to push up DIY share price ....

Before Chinese New Year, should sell some shares ( profit taking ).... optimistic in the market while the Covid 19 still 3500-4500 cases per day n many industries in slow recovery...

Those want to invest Public bank for medium/ long term should buy it at reasonable price level of RM15-19( after bonus issue , should equal to RM3- 3.90 ) ; with the so so performance of Public bank since 2015-16 n below average profit growth rate n exposure too high at mortgage loans ... Maybank is better choice if want to invest for medium term ...:)

None of the KLCI heavyweight can reach market cap of RM200 billion in 4 years.... Malaysia economy is going down slope n banking industry can’t go back to glory time of 90s n early 2000s... Don’t be cheated by the booming of Dow Jones n SP 500 heavyweight blue chips like Amazon , Apple , Microsoft, Google , Telsa , Facebook n so on ... In other words, Public bank can’t even reach Rm 6 in 4-5 years times ... why talking about something far beyond that...

Wonder how the financial analyst of HLG to give target price of 3.30 to MRDIY... kind of ridiculous n bad n below average calculation.... Hard to believe DIY can get PAT of RM500-600 mil in 2021 year end ... Even PE of 27-29 is too rich valuation, but the analyst talking about PE of 36-39 for 2022...

Big sharks n those sifus giving talks want to support the share price at 4.30? PBB still not as bubble as MRDIY which being goreng up to RM3-3.15.... very ridiculous...

How come my comment being deleted by the forum ?

For any experienced retail investors or fund managers , any difference of 10 cents or 3-5% of share price mean a lot ... Even u r medium to long term investor, shouldn’t be desperate to collecting PBB at above $21 or 4.1-4.20.... Check back the PBT n profit after tax of last 4-5 years, very slow growth rate indeed ...

Those think the government will change MCO status to CMCO on 1st or 2nd of Feb...

Public bank is expensive if above RM21 ( Rm4.20 after bonus issue ) n it is irrational for any local investment banks n research houses to give target price of more than RM4.20-4.25 for public bank ... Those retail investors who think PBB easily can go up to 4.40-4.50 n above don’t understand what mean too rich valuation with so so top management performance in last 4-5 years.... Be cautious mode n it looks like more than 60% -70% of retailers understand bonus issue doesn’t affect much the fundamental of one listed company ...:)

Cimb given target price of Rm4.80-5? That is equivalent as RM24.50-25 , very rich valuation n Public bank is expensive if above $20.50-21( pre bonus issue ), those buying at above 4.30-4.40 is kind of buying at peak level ...

If those big cap like Unisem , MPI, Inari , Penta , Greatec can go up more than 100% in 4-5 months, Krono should be able to go up to above 90 cents in next few weeks ... Krono is doing data storage n enterprise data management, essential for companies looking for digitalisation...

Kenanga research really like to simply five target price to many counters ; since last June to Nov , they r one of the fastest to give target prices for glove counters n like to mark up target prices every 2 week ... For Genting , only Kenanga given RM 5.50 target price since Dec ... what a research firm of local brokerage firm...

Tomei posted extraordinary profit at last quarter , that was 13.5 million n extraordinary high revenue of 180 mil... better performance than Poh Kong latest quarter result; another plus point is Tomei holding of 350 mil of inventory n assume 88-89% is gold , that is 309 mil n gold price has gone up 30% from 2019 Dec, that mean holding about 400-405 mil of gold... Minus 150 mil debt ( after deduct 20 mil cash on hand), Tomei has 250-255 mil of gold versus outstanding shares of 138 mil ... Per share hold about RM1.84-1.86 of gold... amazing

Comfort even though posted good quarterly result, it is better to buy top 4 glove counters than buying comfort or careplus in year 2021... Harta is overvalued, so choose one of the top 4 counters... After 2021, smaller companies r harder to compete ..

Evergreen may post profit of 8-9 mil in 2021, good news for those holding it since 2017/18... maybe target price of 49-52 cents more rational than HL research TP of 64-65 cents due to still low profit level even better than making losses...

Target price of 54-56 cents is more reasonable than HL research Tp of 65 cents due to still take time to have yearly profit of 8-9 mil ...:)

Kossan target price of 3.80-8.00 , at current prices of 4.48-4.60, the risk is much lower than Topglove, Harta n Supermax ....

Oceancash is cheap if below 54-55 cents coz they r expanding their non woven fabric productions n the demand continue to go up for next 12 months or next 2 years.... The quarterly profit will get boosted in next 2-3 quarters...

Can Kossan go down to 4.60-4.85 in next week? :)

After introduction from Star , with solid growth potential n one of the companies involved in data storage n digitalisation, hopefully can test 80-84 cents in next month ...

Doesn’t need 50% drop to trigger margin call, as long as the securities/ shares that u put at brokerage firm dropping more than the previous value , it will affect the amount of loan U can get from the said brokerage firm..

Rayyan should go back to school to learn simple finance ... RM10? Can’t even reach RM3.30-3:40 in next week... Anything above RM2.30-2.40 mainly due to goreng effect ...

Danny archers , U r knowledgeable n I believe U r those in the top 5% retail investors category n Supersinginvestor even has been investing in PBB n share market for 10-15 years, he can’t understand your statements ... Many retail investors need to boost own knowledge about share n finance n economic .... Public bank like IOI Corp , slow growth blue chips since 2014-15; I started to buy IOI Corp when it was still a growth stock during 2003-04 but after 2011-12, it become non growth stock n its profits always almost the same or go down in last 5 years... Public bank is not a growth stock since 2014-15 , it is hard for PBB to even reach RM100-105 billion in next 3 years, none of the Bursa listed companies can reach RM250 billion in next 5 years, trillion ringgit pulak... Not only Thailand n Singapore share market is larger n more active than Malaysia since 3-4 years ago or even longer time ago , the total capitalisation of bursa listed companies has been at the range of 1500-1800 billion in last 3 years.... None can have Amazon , Apple or Microsoft or even Facebook type of market cap in South east Asia or even Asia , only China giant tech companies n Taiwan TSM can reach USD 500 billion n above ...:)

Hiap teck is at peak level at 49-52 cents , don’t buy at high level ... Even though I have hold it for 3-4 years, it has turned to perform better n giving ok quarterly profit since 3 quarters ago but unless Selangor state government spending RM1 billion n above per year to replace the old water pipes, Hiap teck is hard to go up to 51- 60 cents... Hiaptek associate company Eastern Steel is mining iron ores n make iron slabs , a plus point for Hiap teck though...:)

Agree with U , Sir ; since 2020, too many newbie enter into share market ... They chasing counters as if no tomorrow , they plus those funds push up the glove counters to peak level ... Now bunch of retail investors push up MRDIy n PBB to peak level , but DIY got even more bubble than Topglove or Public bank for the share price of RM3....

He mean why U boost yourself as elite while u taking to me this afternoon la ; U guys love Public bank is ok but setting TP of Rm26-30 is kind of insane ， same as those Topglove n Harta guy , TP of Topglove to be RM10-11 also fancy target price... Be rational in share investment, coz many retail investors don’t have enough knowledge than feel too excited about bonus issues , in fact , it just increase the number of outstanding shares n at the same time EPS being reduced accordingly... PBB can reach RM23-24 in one month time , or RM 4.60- RM5 after bonus issues , should be the peak for year of 2021.... cheer ..::

Topglove big boss is quite cocky to say may exceed Maybank in market cap in few weeks time ; Bolehland doesn’t like Maybank to lose no.1 market cap to Top or PBB... But I insist Maybank got higher value n cheaper PE n valuation than Public bank... What PBB for elite , PBB almost at RM17-23 in last 3-4 years... lowest should be RM15-16... :)

MRDIY is overvalued/ expensive at above 2.40-2.50, don’t be cheated by their extraordinary growth rate of profits n revenue for next 3-4 years; Peninsular Malaysia n Malaysia is medium size country with 32 mil population; the home improvement/ hardware stores already quite saturated with 600-650 stores , how to increase 100 stores per year ( plus MR Toy)?? If want to analyse MRDIY, focus at growth rate of revenue n profit of the existing stores , I believe the existing store growth rate is less than 8-9% per year...

It is truth that by listening to economists n IB, the retail investors n mutual funds should have started to invest in recovery counters like banking counters , Genting , telecommunication, media n some ok construction counter but the up from 1580-1600 to 1680-1690 was too rush n too shape .... Banking counters still need to face higher NPL, the effect of 6 months moratorium of loans n almost zero loan growth of 2020...

Oh, few of the guys here have been investing Public bank since 10-19 years ago ? No wonder so high confidence level but PBB is quite expensive if above $21 coz it is too conservative n didn’t improve service level to customers since 6-7 years ago ... Maybank has improved better than Public bank in last 5-8 years... Those said target price of RM30 ( or RM6 after bonus issue ) must be thinking public bank as iPhone of the year of 2008-2018, the income growth rate of Public bank is slower than Maybank n HL bank , it is expensive if above 21.50-22.... TP by IB that it worth Rm24-25? After few rounds being played by investment banks n research firms, we only can trust them 50-60%...

Tomorrow most probably will drop again coz Topglove just drop 7%.... not big quantum enough ... Harta factories got Covid 19 cases as well.. I like Kossan more than Topglove ..

Wait 2 more weeks , maybe 2-3 research firms / investment banks will adjust target price ... Rm9-9.50 is kind of high ...

Good, profit taking for Public bank which is expensive after gone up to RM21-22.... :)

Those holding Kossan call warrant should sell half , Kossan keep dropping ...

KLCI n Bursa always dull n half Ah Pek life coz government linked funds always lifting the top 20 heavyweight KLCI component counters... Bonus issue just increase number of shares at market , nothing affect the fundamental but retail investors chasing it up until reach RM22, some funds helping to push up as well , guess so...

For sure , the suddenly gone up of Public bank, Maybank , CImb n HL bank , is more than just recovery play .... got goreng factor ... glove counters being hit then ppl think should sell 1/2 of other banking counters or not ...

KLCI looks like no momentum to go up from 1686-1690, Public Bank is too expensive at above RM21-21.50, be cautious n don’t chase to buy at high price ....

KLCI heading south after suddenly 70-80 points up from 1600-1605... Even public bank is too expensive at 21.50, MRDIY is super expensive at 2.80... be cautious.... don’t buy at high price..

Genting ever touched RM11 in 2011? Oh , I thought the peak of Genting was RM8.50-9.00...

If follow half advice from JP Morgan , Topglove got more headwinds than Kossan ( Topglove may drop as much as 45- 49% to RM3.50 whereas Kossan may drop as much as 30%) . Anyhow with so many retail investors n funds still supporting 4 glove manufacturers, what JP Morgan say may happen after March or April only plus the Covid cases got accelerated in last 3-4 weeks even few vaccines will be out in January or after January...

Can’t hit 520 profit for next year end , I mean ...