if you sell now instead of hold, you will cry soon.. think opposite, recommendation give you sell rate, you buy.. this is epf most biggest holding stock...dont scare...eventually will fly back soon..holding power only..dividend not bad also.
Well, ask your self in first place why would you invest in this counter out of over 1000 counters in FBMKLCI. What's your initial investment time frame? I believe many people in the world are quite uneasy if not nervous based on current economy uncertainties. Just preserve some fund to invest when the price dip lower. You can use the tp by research house as entering points to average down your cost. Or you can set a lower tp at 1.00 base on estimated fy2015 eps 0.17 with PE 6. If world market react quite negatively to Fed rate increase then we might see this in 6 months. By then you should go all in if the company fundamental still intact. Of course, if there's merger or rights issues in the next six months then this will not happen. Let's just pray the merger will come asap.
Other wise you could also diversify your portfolio in other counters, i believe many counters are near historical low in the past 10 yrs.
Wait.....MBSB drop to RM1 because of financial get burst or No one wanna using MBSB for loan ?? OR ... actually just a political to drag down the price ?? Remember..NOT only MBSB drop...even in klci..1000 counter are drop too !!! So NOT the counter problem...Is whole market are bleeding !!! MBSB for me...FV should at RM1.50...lowest PE...High NTA... The price drop almost 70sen after divident declare..
Be greedy when others are fearful ma....this opportunity doesn't come by often, i missed the great bull in 08/09 when i was just a young lad. After anticipated for more than 2 yrs in stock market...this correction is what i'm waiting for.
if you are not sure you can wait till after fed increase rate or 1 quarter before the ending of impairment loan loss programme. Or wait for the trend to turn upwards only enter. Depend on you investment style.
Overall, still depend on how low market will go. If other bluechips plunge 70-80%, i think those are better investment.
COMMENCEMENT OF NEGOTIATIONS AMONG MALAYSIA BUILDING SOCIETY BERHAD (MBSB), DRB-HICOM BERHAD (DRB) AND KHAZANAH NASIONAL BERHAD (KHAZANAH). We wish to announce that MBSB has on 1 October 2015, received a letter from Bank Negara Malaysia (“BNM”) dated 30 September 2015 which states that BNM has no objection in principle for MBSB to commence negotiations with the existing shareholders of Bank Muamalat Malaysia Berhad (“BMMB”), namely DRB and Khazanah, for a proposed merger of MBSB and BMMB (“the Proposed Merger”). BNM requires that the negotiations must be completed within three (3) months from the date of BNM's letter.
Citigroup Global Markets Limited and AmInvestment Bank Berhad will act as Advisors for MBSB in the Proposed Merger.
Further details on the Proposed Merger will be announced in due course.
This announcement is dated 1 October 2015.
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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....
Parttimetrader
102 posts
Posted by Parttimetrader > 2015-08-08 09:06 | Report Abuse
u bye2 ady? what is esos?