Honestly I invest in this counter not because of dividends ...but crocodile ...they trying to eat this meat before ..but fail...the other crocodile may come also....hehehe GONG XI FATT CAI....
When FGV was trading 2.02+ guys were waiting to buy at 1.80 and below etc2. When Cimb came off guys were talking of buying when Cimb reaches 4.00+ Buying stocks is not an exact science, guys. It takes guts which is what everything is about, guys.
Recently Tenaga went to a low of 13.20. Guys were waiting to buy at 12 or 12.50. That was only 4 sessions ago. Today Tenaga is 14.14 with a high at 14.20.
Yes, look at FGV. Except for Public Invest's call at 2.70 where were the others? 2.30, 2.20 = =Rhb Osk, 2.30 = Kenaga 2,33= cimb, 2.43=TA. So where did Affin Hwang's call come in? When opportunity come a-calling, hit it! or regretfully miss it....sometimes forever. Haha.
based on the chart, this counter is up trending...1st TP shld be 2.40.....if it stays above 2.30....it remains bullish with next TP at least 2.80....couple with mbsb applying for banking license and merger news in 2015....long term price shld hit above Rm3 when analyst starts coverage again...gong xii huat chai bluefun...
Well..MBSB and Bank Rakyat were recently capped by BNM on their personal loan rate and duration ceiling..so not much profit growth there..apart from merger..I doubt if any within these 2 years with the present economic challeges and oil crisis..
most MBSB customers are civil servants.....and they do direct salary deduction...how can there be bad asset quality or non performing loan....research house tipu you all so they can buy low silently...hahaha...read the edge
Great story n interview with its ceo in this week of the edge...expected corporate exercise in a year or so...their target to become full fledge islamic banking will drive their biznes...
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....
JN88
11,670 posts
Posted by JN88 > 2015-02-18 16:52 | Report Abuse
Gong xi fa chai..... Work harder to collect angpao to buy this stock....hahaha