I think RM5 sap sap sui. Why not RM7 by end of this year leh? TauRx not priced in yet. Positive Q3 results coupled with political stability post GE also good enough to influence RM5 rite? :p
Fund managing firm Tradeview Capital Sdn Bhd and Phillip Research Sdn Bhd both hold the view that should a majority government be formed by the winning coalition in GE15, investors could see a rally on the FBM KLCI.
“Whether a minority or majority government is formed, we could see market recovery as some form of stability in the political landscape would be achieved.
“That being said, if a minority government is formed, despite the likely market recovery, some policy implementation risks would still remain that may deter the return of foreign investors, capping market upside,” Wong says.
On the other hand, he adds, if GE15 is able to restore political stability, the market would likely see solid recovery, with inflows of foreign interest, given the attractive market valuation and relatively healthy economic growth.
Kenanga Research notes if the election process results in a majority government (with more than 50% of seats in Parliament), the market could rally but if the polling outcome results in a minority government, it would significantly hit market sentiment.
Not surprising, the advice to investors is to stick to the defensive or value stocks that look set to gain from the expansion of the economy.
UOB Kay Hian says GE15 could present trading opportunities and thus advocates focusing on liquid and fundamentally sound companies with reasonably cheap valuations.
@choysun....blue chips that are trading at low PE, low PB, high dividend yield and profit is anticipate to benefit from current rising interest rate :)
UOB Kay Hian says GE15 could present trading opportunities and thus advocates focusing on liquid and fundamentally sound companies with reasonably cheap valuations.
These include GLIC banks like RHB Bank Bhd, CIMB Group Holdings Bhd and Malayan Banking Bhd (Maybank).
Wow...so naive this one woman man who knows only one stock.
During pandemic in 2020, when this stock was trading at about 3, so was CIMB.....now, CIMB is firmly above 5...at 5.30.....this one still struggling below 4.50....which is more boring? ....and dividend is also higher....haha.....go do some homework before commenting.
Investing is to make money and not to syiok sendiri by just cheering the stock... ...sharing certain stocks which one thinks has potential is nothing wrong....as long as one is not spreading fake news trying to "talk down" certain stock.
Like it or not, there are many shareholders in the forum trying to "brush" off any negative comments in the forum thinking that by doing so it can help to push up or at least maintain the current share price.
Posted by stkoay > 3 hours ago | Report Abuse I sold some of this at 4.91 on 19-7-21 and switched to Maybank at 8.02. Now, Maybank (plus 3 dividends since then 28+30+28) is 9.31 This one plus dividend 18 is 4.50... Which is more profitable? Boring? Haha....... ------------------------------------
Wow! Taokay an accomplished cha cha dancer too. Even better, change venue to hotter dance hall! :)
Ask any successful individual, they would attribute some level of their success to being at the right place at the right time and meeting the right people.
No doubt, all things in life requires a fair bit of luck. It is that bit of luck that separates the extraordinary from the ordinary.
Posted by DestinyL > 4 days ago | Report Abuse Still havn't fully bought back from previous selling when Taurx surged at RM5++ -------------------------------------------------------
Congratulations to your cha cha profits @DestinyL :)
Posted by Stocksafeplayer > 2021-04-26 17:00 | Report Abuse I bought some today cos worry next week is start of May.....before goes back to 5.0 again....Heng ahh!! ------------------------ Posted by WinSSP > 3 hours ago | Report Abuse so happy busy collecting….happy week ahead everyone! ------------------------------------------------------------------
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....
choysun
4,502 posts
Posted by choysun > 2022-10-14 12:18 | Report Abuse
Even without TauRx price is damn lo low.