Target returns 50% remains. Those day Bank Islam only traded around 1+, long term investors gained a few hundred % by now. With FD 4%, it takes 18 years to double up your investment. Hope this counter will not disappoint many over the next 5 years.
If look at the volumes and current price, u will see 50/50 of buyers pulling brake to collect more when breach 1.30 and u see another 50 sellers are wanting to sell at least 140 above.
This tug of war will continues if the new poll buyers are not appreciating the price to 1.30 at least
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greedy when others are fearsome and vise versa, , only few in this investment world became very rich.. even at 90 sen...i doubted those guys have the fund to come in...and continue barking for 45 sen. eventually ...they even say MBSB is closing down..you are going for a total lost .hahaha....... some one may have quietly sold at 1.28 and have a lot of reserve waiting for your afford to get it drop further.... he thank you guys for barking so hard for his big win..see you at another good buy at 90 sen...
As i said, sapu when the price drop to 1.05. Now the price is too high.....Trust me, it will takes another 6 months to ge the definitive agreement to be signed. The only uncertainty will be the cancellation by either party and the merger is deemed as void....Bkful my fren....
ying chai, small reminder for your saying , 6 month to get the definitive agreement sign, i trust you, .......hope by then MBSB is 90 sen for my third round of big gain. Thank you. Sir.
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....
Jeffreyteck
4,247 posts
Posted by Jeffreyteck > 2017-08-24 07:30 | Report Abuse
Decided for long term. Target returns 50% by 2022, whichever is earlier. FD 4%*5 years = 20%. Good luck.