so many buy calls here especialy the price is moving down...what for? if worry, then sell it immediately and buy back at lower price since you are confident to this company...
ITS D-DAY FOR ITS 2Q RESULTS. WILL TAKE SOME TIME TO TURN AROUND AS ITS MANAGEMENT VIA ITS RECENT ANALYSTS' BRIEFING CONFIRMED IT DOUBTFUL DEBTS PROVISIONING WILL CONTINUE INTO 2017. HENCE NOT OPTIMISTIC ON ITS 2Q RESULTS ANNOUNCEMENT COMING MONDAY
ITS IMPAIRMENT AND LOAN PROVISIONING PROGRAMME STARTED IN 4Q 2014 AND SCHEDULED TO CONTINUED INTO 2017 WAS ANNOUNCED AND CONTINUOUSLY IMPLEMENTED. HENCE THIS FACT WILL ALSO HIT ITS COMING 2Q PROFITS TO BE ANNOUNCED THIS MONDAY. MOREOVER IT WAS REPORTED THE RECENT REDUCTION IN OPR/ INTEREST RATE HAD SO FAR FAILED TO INCREASE LOAN GROWTH BCOS OF WEAK ECON SENTIMENTS AND OUR DOMESTIC HOUSEHOLD DEBT IS ALREADY TOO HIGH
hahaha........lucky sold it early and reap profit. this bank targets at lower tier customer. hence level of impairment is high but interest high as well....subprime bank.
Most of the largest shares 14 shares Epf long held rise, while mbsb 1171 share up to 654% lowest price of the next big rise space, buy low rm0.77, target price rm 1
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....
SALAM
1,072 posts
Posted by SALAM > 2016-08-03 15:39 | Report Abuse
For FACTS AND FIGURES and FUNDAMENTAL INVESTMENT STOCKS, refer to OTB!!