Looks like most of us laughing all the way to the bank except the shorties. I managed to add abit more at RM2.10 early this morning. I can contra that off and get free lunch and dinner today.
If tomorrow fly again... it is another round of the crazy uptick for gloves. Where is the guy that boosted making a Myvi, BMW by shorting? Today just lost a Merc AMG?
Perhaps you may like to read these numbers: The EPS for y/e Jan 2022 is around 62 cents and i am convinced that a more sensible PE multiple would be maybe 11× which gives a fair value of RM6.82 ( quite close to Maybank's initial TP. PE multiple of 11 is nothing compared to many other sectors where their PE multiple is easily 30 to 40X
Nicnic shld be able to get his money back. But the shorties hate to read these.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 374 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11714 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Timercheng
733 posts
Posted by Timercheng > 2021-04-08 09:25 | Report Abuse
No RM 2.50 no sell ya !