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6 comment(s). Last comment by gloveharicut 2020-09-11 11:50
Posted by wtsoon > 2020-09-10 16:50 | Report Abuse
Analysts are entitled to give their fair professional opinion to the best of their knowledge. No issues with this. After all, they give Top Glove target prices, ranging from rm15 to rm45. 7 of them give TP of more than rm30. Macquarie was the first to do that on 260820
Problem is on 090920, only 2 weeks later, they (Macquarie) revised it to rm5.40 against their previous ex-bonus price of 10.13, a reduction of nearly 50% with apparently no change in fundamentals, as confirmed by 3 other analysts' reports, including the above 2 mentioned, CGSCIMB AND AFFINWANG.
What gives ? Can any self-respecting professional do this ? This is giving analysts a bad name ? Or is this just a bad apple ? Your comments ?
Posted by greedy44444 > 2020-09-10 19:32 | Report Abuse
Average down when price is on the way down is the dumbest act in share trading
Posted by stockraider > 2020-09-10 19:37 | Report Abuse
Famous Philip from sabah is msia Charlie Munger of i3 mah....!!
Posted by simple091 > Sep 10, 2020 7:31 PM | Report Abuse
I dont know, who is Philip?
Posted by gloveharicut > 2020-09-11 09:55 | Report Abuse
I will clear yesterday purchase when THKS u-turn or TOPGLOV reach 7.80 - 8.00
Thanks Banker!
Posted by gloveharicut > 2020-09-11 11:50 | Report Abuse
Thanks Banker! Good Money. See you again.
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Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
supersaiyan3
3,134 posts
Posted by supersaiyan3 > 2020-09-10 16:10 | Report Abuse
Buy, buy, buy! No more bullet already.
I hope my other stocks' QR is good, then I will sell others and buy more TG.