$1.54 way too low imho. business model changing. old grey mare to young black stallion. Dato’ Thong has finally put his spurs on to kick this horse into high gear.
Insas will most certainly break rm1.00 by wed. Expect insas to ride on inari expected good results due 28 November. Heard thong will buy into inari to make it a 51% subsidiary. Inari is just an associate company of insas with 36% holding. By making inari it's subsidiary, insas will benefit from account consolidation with inari. By buying from market will push inari price. I expect inari to be rm1.80 n insas rm1.20 by end of November. Let see whether the info i receive above will materialise.
been watching this counter since it was 45c but wasnt convinced to pull the trigger cos was unclear of their investing businesses. anyway, i'll just watch for now. never buy a stock in an overbought situation, there are plenty other buses to catch.
got about 25 on my list, but aint buying anymore til the next correction. the market is too hot so i'll just be a voyeur for now. KLCI P/E is almost 18 now, im doing a TanTengBoo and sitting on my money, lol.
afternoon session should be more exciting..after all the contra people selling in the morning...if volume continue to go up..then we can see 0.96 by today..
Andrew Wong, we do not buy stock that hit 52-weeks high as sephiroth told us. sephiroth, may I know ur opinion on Barakah share price? How high or future prediction?
Main reason is probably due to inari which is an associate company of Insas is seeking a transfer to Main Mrkt. Good news shld be announced soon end of 2013.
should be some profit taking...overall market is down today...so this counter not moving up...if tomorrow, KLSE in green..then most likely buyer's sentiment will be better
If market sentiment is weak like today still can manage to be green...imagine if market sentiment improve in the near future....for sure will hit more than 1
well...will have to see Down Jones tonight...if up 150 points...market sentiment will be better...and people will start buying up blue chips to drive the overall markets up...
judging from pass 2 months performance, insas trend doesn't easily influence by market sentiment at all. today's vol much higher than yesterday, identical to 7/11, price +0.010 despite klci -9.41
if the share still in demand by big boys, the up trend should be intact. let's see... :D
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gweilo
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Posted by gweilo > 2013-11-11 17:25 | Report Abuse
$1.54 way too low imho. business model changing. old grey mare to young black stallion. Dato’ Thong has finally put his spurs on to kick this horse into high gear.