The right issue for 59 sen per share last year provide a very good opportunity to average down if you bought higher earlier, and the application for excess right made people more richer when price went up to 92 sen.after a short opening..
MBSB downside is when they keep hinting on potential mergers after mergers but never materialise. So, if this time the merger is ON, I said IF ON, then u can expect 1.50 -1.70 the price will be.
Mbsb into another consolidation stage.. love the chart.. waiting for the next breakout only. Hope the quarter result will be good... and hopefully june merger news in a positive one
Force, why would you advise people to wait for news of failure before buying MBSB? Sounds very stupid. If the merger does not take place and is officially announced in the newspapers, then the enthusiasm for MBSB will die a natural death, why buy it then. What value is there in MBSB if a merger does not take place? Come on Force, be rational and come up with an educated argument. Otherwise you will only be seen as " a person who only wishes for bad things to happen to others" and that is a medical problem. I have read your ramblings on the MBSB Forum, you need medical help. My advise to people is " never buy a stock just because somebody else owns it. You must know what you are buying and you must like it"
Aiyo, mbsb alw fail to merger and create another opp to merger. This time fail if drop then good time to buy jump in lo... For next merger :) see far le
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....
AKUMAUKAYA
198 posts
Posted by AKUMAUKAYA > 2017-05-19 13:36 | Report Abuse
Thanks for sharing....