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4 comment(s). Last comment by imoogi99 2015-04-17 11:27

Posted by Saleh Ghani > 2015-04-16 11:21 | Report Abuse

So, what is your opinion on this share.

dragonking

3,496 posts

Posted by dragonking > 2015-04-16 11:43 | Report Abuse

Good luck fishing,,,be patient

Posted by Shaun Loong > 2015-04-17 00:28 | Report Abuse

Hi Saleh Ghani, in my opinion investors who left this market has blacklisted this counter at the moment. Also, there is still a possibility of a merger, however I find it unlikely as the reasoning in my blog makes sense.

I'd say that this counter has been out of the news and hence, there's no volume for it to uptrend towards its fair value. Maybe once the next financial result is released, we might see more action...

Thank you.

imoogi99

1,640 posts

Posted by imoogi99 > 2015-04-17 11:27 | Report Abuse

Basically, everyone waiting for the news ie whether merger is on or off. Once news is out, price will move. At current price of RM1.50, if merger is on, then you gain 10sen...if merger is off, then you just wait and see how the marker want to price PJDev.

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