At current depress price MBSB and its OR are definitively worth of buying as if compared to those hold for long term and those bought before ex-right, we already in very good margin of safety...downside limited..but ....upside is big in turn of % gain especially OR which possess dual goodies....either reap profit or opt for subscription at merely 59sen
OR is for trading purpose for its high margin potential...every 1 sen hike is more 10% gain.....and yet at the same time offer great safety net in the event if nonperforming by offer option to subscribe right at 59sen.
TQ hng33... i like ur style of investment... Too busy to analyse market recently.. Just upate me.. Any other stock u are looking at now? i feel it is time to slowly re enter the share market now.. GE election seem to be in 2017...
Fair comment be bearish or bullish view are most welcome in these forum as it serve for exchange view and share information on potential risk and reward.....
.....but definitely is useless if know only curse stock when stock on weakness, but missing when stock recover...what a waste....
KK123, my Sifu got burnt in Johotin too but then he made back much more from his other investments. So is Koon Koon who got burnt in Xinquan badly till now but he made back much more from other investments....
Stock market is fun...dont let yr past failure and bad experience in Johotin to haunt u forever...
KK123 also lost badly in TAS when he started to buy in ard Rm0.70 during Dec 2014
Dec 4, 2014 09:50 PM | Report Abuse
This is the better share - its build boats PE 5 and almost debt less
Dec 5, 2014 03:33 PM | Report Abuse
I think can buy now as its debt free company and cheap
Dec 10, 2014 04:12 PM | Report Abuse
Tas is a boat making company whereby and net cash Maybe murali u been burned when buying tas at high @$1.70- but now it's at low & cheap valuation emerged. Eg. I also wonder why would u concern about the meagure receivables ? It's too cheap and dividend paying company The IPO is I think at 90 sen - so now is the cheapest When it shoot up, dont miss the boat
Dec 10, 2014 05:50 PM | Report Abuse
Murali must have got burned big time by buying high this counter Instead of now low price he bought 1.70 and already cutloss Usually the losers will come back and talk bad about shares which they have cutloss Most company have receivables pending payment even for knm , skpetrol or larger company like sime Darby etc maybe u can cook up some story about sime Darby etc also
Dec 10, 2014 05:59 PM | Report Abuse
Yes , you got burned and have cutloss So u need to move on Else u will get burned again and again by creating stories/tales
Though I gave him my kind advice on the high long outstanding receivables in TAS's ac but KK123 just ignored my advice and instead he thought I did it on bad intention as I could have got burnt in TAS and bad mouthed the co.
The rest is history is TAS is RM0.355 today, a hefty loss of 50% to Kk123. I believe this is the last straw to break the camel's back to Kk123, besides Johotin.
As such, he see Bursa as evil and all the co are Con Co.
I hope u all can understand KK123 better and pls forgive him and his weird behavior.
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....
oasischeah
1,461 posts
Posted by oasischeah > 2016-06-28 10:07 | Report Abuse
Market may come back a little but MBSB is a no go. Down and down it goes a little at a time.