This stock still can run more even today, but since price action clearly shows retailers taking profit at 0.88-0.90 level with volume, so they can take abit of time to force more out before makan up the Q..
Short term price movement not big concerns... Buying HUGE volume for portfolio... CANT in and out everyday.. Everyone has different agenda and jective.. AS LONG AS MAKE $$$$
value invest, I will come back in at 0.875 and below..but now alot of captain on this ship also already jump off and swim away. Leave u to steer the ship steady for now..
FUNDAMENTAL IS VERY GOOD>>>>>Looking at the BS and P&L, MBSB chalked up almost RM1b before impairment in interest income,,,,, Once the additional finish,,, Profit will surface.... In fact, MBSB can choose not to provide additional impairment and report over RM 800mil of profit yearly.. Because, MBSB want to meet banking standard,,,,,, DONT B FOOLED by the impairment....
IF THE PRICE CONTINUE TO MOVE UP SLOWLY, THOSE WHO SELL WILL REGRET AND WILL NOT DARE THE BUY BACK AT HIGHER THAN THEY HAVE SOLD, FINALLY WILL MISS THE BOAT.
IF MBSB choose not to be a banking,,, It cant choose not the have additional impairment.. WILL report profit RMbil... NOW the additional impairment is very very very positive news for MBSB<<<<<
m00077 I always bought higher in this share from 0.685 all the way to 0.875 which was my last buy in and now sold off all 5 rounds already..Q now for my 6th..
Posted by value_invest > Aug 8, 2016 10:31 AM: HOLE market retailers are FOOLED by the additional impairment...Yes , whole market is fooled by impairment provision, this is a move towards right direction by MBSB. If some impairment is able to collect back, the profit will be even higher.
m0077.... the additional impairment DONT not involve cash outflow..It is a BNM stardand for MBSB to meet to be a banking... JUST TO MEET REQUIREMTS BY BNM<<<<<< VERY VERY VERY POSITIVE MOVE>>>>>>
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....
hng33
20,530 posts
Posted by hng33 > 2016-08-08 09:32 | Report Abuse
Now, can comfortable opt for early retirement plan already :D)