theveteran

theveteran | Joined since 2021-02-11

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2021-02-23 08:53 | Report Abuse

CMSB announced the disposal of 46.6m shares in Kenanga to institutional investors at RM1.85. Hmmm..why would insitutional investors buy at RM1.85 if they don't think there's a potential 30% upside...so are we looking at TP of at least RM2.40?? I am keeping my shares...

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2021-02-11 11:43 | Report Abuse

You are grasping on thin air, my friend. How can your friend have 4 accounts when Rakuten only provides 3 max??

Anyway, you believe in what fairy tales you want to believe in and I will believe in my own research.

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2021-02-11 11:31 | Report Abuse

Of course i can see...but it just feels good to debunk him. Happy investing!

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2021-02-11 11:10 | Report Abuse

haha..wrong again...more than 100,000 accounts were opened in 2020..so I am not factoring the previous 50k..

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2021-02-11 10:05 | Report Abuse

i3lurker is so wrong..if he had done his research properly, he would see that Rakuten Trade has reported more than 150k clients now and more than 50% are active. Anyway, up to you on how much you think Kenanga should be valued at but I am definitely keeping my Kenanga shares for now.