the last support line is RM0.30, after this line finish, cuci tangan cari counter lain..ha ha

I think they will closed shop soon because few of director's resign frm this company already, nw thier share start koyak- can't imagine, just took 6 day's frm RM1.98 drop to RM0.31..

We maintain our BUY rating on RHB Capital Bhd (RHB Cap), with an unchanged fair value of RM8.50/share. This is pegged to a fair P/BV of 1.45x based on an ROE of 12.9% FY12F. In this report, we outline the impact from RHB Cap possibly considering taking over Malaysia Building Society Bhd (MBSB). We have walked through several scenarios in which RHB Cap may fund for the acquisition either entirely through cash, or shares, or a combination of both (80% cash and 20% new shares). Assuming an acquisition price for MBSB at RM2.80/share, we find that the most optimal structure will likely be a funding combination of cash and shares. This leads to RHB Cap’s fair value rising to RM10.10/share from our current estimated RM8.50/share. The merger with MBSB, if it happens, will open up one of the most lucrative segments of lending, given MBSB’s exposure to the government civil servants’ personal financing segment. As a gauge, Bank Rakyat’s personal loan size is about RM65bil (or 77% of its total loan book), while MBSB’s is RM11bil. Bank Rakyat reported net earnings of RM2bil, while MBSB’s was RM325mil, in FY11. A merger with MBSB merger will likely be positive, given that this opens up a new and more profitable segment of lending for RHB Cap. A possible hindrance may be the perception that RHB Cap is allowed into this segment, while other commercial banks would not be able to tap into this, but we believe this would be easily countered by the fact that the major shareholder of both RHB Cap and MBSB is the Employees Provident Fund, which represents the bulk of the retirement funds of the workforce in Malaysia. Thus, in essence, the public’s interests is best aligned to both RHB Cap, and MBSB.

1Q net profit RM54.171 million (Increased 207.68%)
2011(1Q)-Revenue RM 187,685 million (Net pfofit RM 17,604 million)
2012(1Q)-Revenue RM 303,717 million (Net pfofit RM 54.171 million)
Buy,buy,buy.....

Now already 0.240 (10.50am).

will touch 0.245, next level is 0.26, if break 0.26, will go higher.Got volume,rebound. Stochastic is pointing up frm 20%, already up 4 days since 25/04/2012. frm 0.21 to 0.235 (+0.025: 10.63%)today.. BUY BUY BUY. :)

Tomorrow will touch 0.287 around 11.00am-11.30am , after that will drop and closing at 0.276.