Posted by 993954847305139 > 2018-12-18 21:17 | Report Abuse

This kenanga research sibeh tipu. If share price drop very far below their previous TP, they will give high high discount to more closely reflect the latest share price. If share price move up, then reduce discount rate to reflect real price. Like that what for doing research?? I also know how to do. See share price first, baru decide what discount rate to put on, liddat never go wrong de.

If GENM drop lagi, their discount rate will increase lagi.

Using discount rate to reflect sentiment, is really tipu method, Kenanga research head of department should be ashamed.