Support at 1.21 had broken, and if you study the graph ever since 31 March till dates it had going down. Be very careful at this juncture pal , perhaps there's certain truth in force saying. Watch your own cut loss price at this moment, else it will slump and rest at the bottom of the table
1Q17 earning report will be 2 weeks from now (3 week the most), signs of weakness in share pricing if continue drag another end of next week, is damn obvious fact MBSB not in his best shape already ! Better check KWSP holding % in MBSB after this, probably they are the first ditched mbsb!
Cabin crew, please take your seats for landing. @Raul, dont follow blindly other plp. Study the chart, VWAMP, macd , halooo only know comment add more at this add more at that lolz
I stop loss by selling all my balance holdings at 1.19. Last week sold half at 1.29. Valuation of MBSB : a) Book value of MBSB at 1.16. Given 1x book value which is very generous, price = 1.16 Even with merger with AFB, valuation still should not be over 1x. b) PER on FY16 = 24 too high Biggest downside is poor quality of assets and low capability of management. Better to take profit now.
Yes . Agreed. That 8 millions share to EPF is just chicken feed. This retractment wave of Mbsb may bring price down to even 1.11, I sold some and waiting to collect back at the end of this wave, the next riding wave may bring Mbsb to Rm 2.00, it could be a very strong one. My 2 cents
The other share, cimb, mayban,ambank affinbank was up. Mbsb down only. Is it cal good? How to cal public Not worry & long term invest. i'm very scarely
Just my two cents: My TP for MBSB when the price was 0.76 that time was 1.19 until it shoots all the way up to 1.29 there now it return to my tp and hovering here, my opinion is that if ur avg price is around is lesser than 1.17 u r relatively safe, but if ur avg price is above 1.21, it will be abit risky, i will list MBSB as 4 out of 5 marks from my own study from the previous 7 yrs record, again, just my two cents of view
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....
Bulat
578 posts
Posted by Bulat > 2017-04-10 19:58 | Report Abuse
@raul, For shot / long term?