On Jan 1, 2017, MMSV stock price is ~0.55, last Friday it closed at 1.5, YTD return is 170%. I wonder how high can it go, just to be safe. Any thoughts on this, anyone?
bpng0904 for me even the price got170% returns but it still doesn't overvalued because the revenue & net profit is still growing rapidly. Besides, the PE will be further lower after next booming QR announce to the public...It was considered very undervalued when the share price stood around at 0.5x last time...
It is not on how much the share price has gone up, but is that the company have the value and is it really attractive for u to invest?
For me, it is worth to invest in MMSV because: 1. products have high & increasing demand. 2. The company can benefit from weak MYR because the issues of crude oil price & 1MDB still there. 3. The PE consider not high in this sector 4. This is a Net cash company. 5. The company have the potential to move into Main board of bursa.
No ones can guess what the share price will be, just my 2 cent & trade at your own risk!
Chelsea can you please send it to me my email is darenng5@gmail.com i bought 4k shares today at 1.48 and 10k shares at 0.875 hope the ones i bought today can give me profit
really can drop lower? then good wht? if close low can buy low mah, I would like to sailang if can drop 10% more onwards hahaha...anyone here not dare to invest on company with good fundamental & great growing prospects?
KLCI is trading down trend now, market is on profit taking mode. If you are feeling uncomfortable, it is advisable to sell your stocks now. The next support line for MMSV is at 1.40.
Especially for those who came all the way from 0.6x, realized gain is always better than unrealized gain. Look at ock wa, reached an all time high of 0.41, now all the way back to 0.33.
I was first purchased MMSV at 0.67, and all the way average up at 1.10 & 1.50, cuz the result announced is over my expectation. With recent news, we know that the fast growing of the industry has been proven with statistics. Some more this is a fast growing company with Net Cash position, so how low the price can go? For me, any significant drop is a chance to buy! Now I consider to hold until Q4 results release then will only make a decision on whether continue to reduce the holdings or maintain the same qty holding.
Berkshire, what a good say. From my projection, i target at least RM2. I start to buy in this stock at 67.5 after good recommendation from CHL1989. Coming EPS is around 5.5 to 5.76. It easily hit RM2.
Director of MMSV, Mr Tan has acquired another 130k of MMSV share at 10 Jul, with price range 1.47 -1.51 on that day. Still doubt on the coming results? hahaha
Berkshire bro, if director trades on insider information (knowing the coming quarter result will be good), isn't it a violation of law? Directors can sell or buy based on personal needs. However, it can also be that the director has good confidence on the future business prospect.
@bpng0904 of course director know the operating status of the company which they are managing, It doesn't considered as manipulation since they didn't try to hide anything, so they r no against the law.
Chelsea actually I don't set TP for a growing company like MMSV & PENTA, as long as they have double digit grow for q-o-q revenue, I will continue to hold because there's no reason for me to sell a stocks with healthy grow... If the growth drop significantly compare to previous quarter then only I will determine whether have to reduce the holdings or continue to hold..
With growing, dont sell, then you can get very good returns that impatient people cant get...
Good analysis from bpng0904! See! Even he ASSUMES that "NO MORE ORDER" make to MMSV, the fair price will be RM1.83, with only PE 15! That's why even MMSV's director also buying frequently.
Buy or sell? U make the choice for your money! If you think KLSE will go down all the way, then just sell without any doubts, so you can sleep well at night! hahaha Good luck all!
KUALA LUMPUR (July 14): Malaysia's wholesale and retail trade grew 10.7% to RM96.9 billion in May, from a year earlier, led by retail transaction growth.
Market turning good?Then how about MMSV shares on your hand? hahaha Let's see!
Hitnrun Osso u dunno ah lol, hitnrun is Mmsv God of prosperity :) He say buy u sailang until underwear Oso sell but if he says sell u better chabut as fast as u can lol
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Posted by paktua73 > 2017-07-07 17:07 |
Post removed.Why?