RM 2,50 in 2 week time ,good news to all judi kaki , MCO extend to 8.31 , all gambler shop ,Genting , kuda ,ekor remain close , only bursa gamble shop open , Ikan bilis will remain inside bursa market , bursa remain bull market until 8.31 , DRBHCOM ,see u 2.50 in 2 week time
Aminvestment Bank Research: National Economic Recovery Plan to bode well for auto sector.
KUALA LUMPUR (June 6): AmInvestment Bank Research has upgraded the auto sector to "overweight" (from "neutral") and said the cut in sales tax for motor vehicles sales announced in the government’s National Economic Recovery Plan (Penjana) will a boost for the sector.
As part of its sector upgrade, AmInvestment Bank Research upgraded its fair value (FV) on MBM Resources Bhd to RM4.62 per share, from RM3.59 per share, while maintaining its “buy” call. It increased its financial year ending Dec 31, 2020 (FY20) earnings forecast by 15% to factor in higher Perodua sales.
Meanwhile, DRB-Hicom Bhd’s FV has been upgraded to RM2.49, from RM1.87(with its “buy” call maintained), with its earnings forecast for FY20 raised by 7% to reflect better Proton and Honda sales.
While the “hold” call on UMW Holdings Bhd is maintained, the counter’s FV is up to RM2.56, from RM1.74 per share. Its FY20 net profit forecast is up by 27% after accounting for higher Toyota and Perodua sales volumes.
today seems like forming shooting star.. Need monday for next candle. But in terms of prospect. DRB hicom should recover, with Pos having better results, and Proton should have a solid sales.
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Posted by maltrader > 2020-06-06 11:23 | Report Abuse
30% gain in 1-2 months in hand already, dont worry and dont expert to higher at this moment. But Bull raging will hapend