stonenut2 u are stupid u buy high u wan misleading people to die with u. u everyday INSIDE NEWS inside news u cant get bored? everything also inside news u vry smart hor? .. . u phuktard if u lost all ur saving in stuck in this counter pls lar die urself lar.. dun drag ppl in i sold my @9.35 ... wont keep it long anymore.. goreng counter and the gov current situation .. this counter will die anytime.. good luck guys
Why this sudden shoot up I have no idea. From fundamental view, I presume tt impariment has not been completed and is an on-going process. Banks stocks are not doing well except for PBB, so why the sudden love for this stock?
AS INDICATED EARLIER I AM COLLECTING THIS SHARE IN MODEST QUANTITIES EACH TIME . THIS HAD HELPED ME TO AVERAGE MY PRICING. SOMETIMES HAD TO AVERAGE UP BUT ITS OK AS LONG AS ITS ON ITS BULLISH UPTREND.
SEEN LOTS OF VIEWS ON THE NEXT BULLISH NEWS, EVENTS OR CATALYSTS TO PUSH UP MBSB'S SHARE PRICE. I DO NOT HAVE ANY "INSIDER NEWS" BUT I DID SOME RESEARCH AND THESE ARE MY FINDINGS:-
1) MBSB DECLARED A 5 SEN CASH DIVIDEND ON 22ND OCTOBER 2013. POSSIBLY A REPEAT OF A DIVIDEND ANNOUNCEMENT NEXT MONTH. BASED ON ITS 1H YEAR EPS OF 3.44 SEN IT CAN AFFORD TO PAY SAY 3 SEN. ( NOTE THAT ITS RETAINED PROFITS IS A HEALTHY RM726M)
2) DUE TO ITS 2 YEAR IMPAIRMENT PROGRAMME ITS CURRENT YEAR'S PROFITS IS DOWN BUT NOTED ITS PROFIT RECOVERY :- 1Q RM35M 2Q RM75M ( A BIG SEQUENTIAL INCREASE OF 114% Q TO Q)
A GOOD 3Q PROFIT REPORT (LIKE ABOVE) WILL BE BULLISH FOR MBSB'S SHARE PRICE.
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....
Ming Koay
308 posts
Posted by Ming Koay > 2016-09-28 15:53 | Report Abuse
0.935-0.94