Looking good to form a W shape rebound.

Hoh13, pls read thru all the announcement.

Bursatrador the donkey. Haha.

Oman Qatar projects worth RM900 millions. Pls ignore Malaysia la.

Better sell it to me. I hope to grab more but price still stand solid.

Yes ah? Oman Qatar project. Malaysia MCO nothing to do with Oman Qatar.

Or more likely to form a uptrend flag pattern.

Price still stand above SMA5. Strong support at RM2.85.

It going to form a W shape rebound.

Kpower will challenge RM3 again.

Seems like going down to 46sen.

RM1 on the way. Yummy.

Strong and solid.

Finally Bursatrador uplift his support at RM2.50. RM1.82 no longer valid. Yahoo..

Pricr stand above SMA20. An uptrend stock never fall below SMA20. Buy at SMA20 which is RM2.68. Strong resistance at RM3.05.

Buy when price pull back.
1st support RM2.74
Strong solid support RM2.54
Resistance RM3.02

Hoh13
https://www.pressreader.com/malaysia/the-busy-weekly/20200725/281492163638048

Bursatrador the donkey.

Strong solid support at RM2.68.

1st support RM2.81
2nd support RM2.73
Strong support RM2.52

Chart shows double doji at top which is a bearish signal. I believe price will pull back to EMA10.

Buy at EMA10. Don't chase high.

Mind your words Bursatrador the donkey.

Fail to break RM3. Price may pull back to EMA10. Those want to buy no hurry to buy now.

Bursatrador a.k.a Loser a.k.a donkey

No.no.no. Donkey Bursatrador.

Karimboss, just ignore Bursatrador.

Touch RM3.02 resistance. Hope no more pull back this round. If fail to break RM3.02 by today, the price will retreat to EMA10.

Bursatrador is a donkey.

Sorry guys.
Support at RM2.72. not RM2.67.

Morning Guys
Resistance : RM3.02
Support : RM2.67

Donkey Bursatrador

You donkey Bursatrador.

The price will retreat to RM2.63 if fail to break RM3.

Kpower looking good to challenge RM3 again. Once it stand above RM3. RM3 would become strong support instead of resistance.

I do believe SCIB will hit RM4 by end of year.

Hoh13, I already bought enough. Never sell a single share so far. Haha.

KYY bought SCIB? From where you get the news? That will be a great news if KYY bought SCIB.

Looking good to break RM3.

I never see a Bank making losses in Malaysia. MBSB really shocking me a lot. Poor management.

Dont invest in GLC company. Sapura Energy is one of the example.

Let's compare BIMB with MBSB
MBSB = Market Cap is 4 Billions base on no. of share 6.7 billions.
BIMB = Market Cap is 6.3 billions base on no. of share
1.8 billions.

BIMB Average Quarterly profits = RM200 millions
MBSB Average Quarterly profits = RM120 millions

Assuming MBSB successfully transform into fully Islamic Banking after 3 years and average quarterly profits increase from current RM120 millions to RM200 millions.

Assuming no. of share MBSB 3 years later increase to 8.2 billions due to DRP.

EPS = (RM200 millions x 4 quarter) / 8.2 billions
Yearly EPS = 9.75

Pe x 10 = RM0.975

Fair value of MBSB 3 years later = RM0.975

If you buy in now at RM0.61 (last friday closing price)
Potential paper gain 3 years later = 60%

Question
Is it worth to wait for 3 years to earn a paper gain of only 60%? I believe there are many counter out there with more potential than MBSB.

Base on the chart, strong resistance at RM3.02. I believe the price will retreat after soft touch RM3.02.

Heading to RM3.

Break it resistance RM2.74. Heading to RM2.85.

1st resistance RM2.74
2nd resistance RM2.85
Psychological resistance at RM3.

More and more IB discover SCIB. Like I said it before. Buy before IB to win big.

RM900 millions Oman & Qatar would be end before April 2021. Giving profit margin of 9%, equally to RM81 millions. 10x pe fair value should be RM6.58.

My first TP is RM4, 2nd TP RM5.

I didn't see any news on The edge weekly mentioned about SCIB. Is it fake news?