I already exited mrcb fully as the previous case for it no longer valid and apply. Will consider mrcb again once all the dust is settled by the new government.
Silly to sell over panic. MRCB is a fundamental government backed company and EPF is still the substantial shareholder. So huge, people's money depends on it. Lembaga Tabung Haji is also a substantial holding with over 299 million shares so selling off 7 million share is often strategic movement on their part. While price may varies, will stabilize. My target price is easily above RM1. Again, choice is yours.
i3lurker, I don't think I will find your comment related to Investment 101. And I know that is metaphorical way of telling people common basic sense of Investment. If that is your style of investing go ahead. But don't downplay other investment techniques just because yours works for you. Not right.
Btw, where did you get the data u even think it cause MRCB to be stuck for 5 to 10 years? When did you get that data? The rule of thumb is never loose money. Also, don't you think makes more sense to average cost it? Anyway, again your discretion.
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....
BlackWhite
1,053 posts
Posted by BlackWhite > 2018-05-16 18:29 | Report Abuse
People here better sell all n buy Felda MRCB doesn't affect public but Felda yes, help support FGV