Hahahaha ini natsiko oh oh Jepun betul betul tak boleh pakai punya,alamak bagaimana u punya dnex janji tahun tahun boleh dapat rm 4-6 alamak hanya 34c habis loh, Wakaka
Hong Leong Investment Bank (HLIB) has trimmed the valuation, and in turn its target price (TP), of Notion VTec Bhd (KL:NOTION), despite a decent set of earnings figures for the third quarter ended June 30, 2024 (3QFY2024). The cut in TP to RM2.74 from RM3.28 is mainly because HLIB views Notion VTec to be among the companies hit by a stronger ringgit against the US dollar moving forward. The revision came after the stock plunged 57% from its recent peak. HLIB maintained its earnings forecasts and its 'buy' recommendation, but lowered its valuation to a price-earnings ratio of 25 times, instead of 30 times previously.
If the profitability is going to be affected by the rising Ringgit then there's nothing to worry about. But I would rather peg the PE more conservatively to 20 instead of 25. Therefore the TP of 2.00 is more realistic and achievable. If will be good if a dividend is declared for FY 2024 to make it a investment grade stock !
Btw holding a stock which is adverse or unfavorable because of the rising Ringgit is indeed a fantastic move because based on the historical charts, the Ringgit would do worse in the longer term !
30 sens will be the fair value for this pump n dump stock , hilb take profit masuk pocket run already , only left the illusional ultra over value TP for all naive vegetable !
I see when YTL power going down this stock also going down lah. Very strong correlation but YTL is in Data Centre building business while Notion is making HDD components for exportthey are different animals lah 📣📣🐕🐕🐔🐔🐓🐓
From 0.32 on 2nd Jan'24 went up to 2.38 on 21/6/24. Downed to 88 on 28/8/24. Then went up to 1.13 on 2nd Sept. Downed to 1.02 yesterday. Today up to 1.11 n now downed to 1.08. Frankly speaking this counter really made me mad. Like no proper target to go. Its a roller coaster counter. I dont want to become kuku lh. Bye
US is heading to a recession rate cuts coming, US elections worries nothing new. Recession will be short nd shallow Tech will bounce back as AI will dominate
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....
CharlesT
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Posted by CharlesT > 2 months ago | Report Abuse
Lower low for mother n WD