Today price drop due to ex-date for dividen. Not because of people sell down. Soon or later this Marco will fly high. 20 cents target price may just achieved within one month. Marco-wa traded at discounted 6%. Let's monitor and huat together.
Well said Invest 88. I sense something good is coming the way :-
Kindly be advised that the abovementioned Company’s additional 23,158,200 new ordinary shares of RM0.10 each arising from the aforesaid Exercise of Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 13 February 2014.
From recent high volume transaction, i'm sure someone is buying big. Heard rumours say son of "orang besar" buying this stock. My friend remister also saying the same thing. So,will explode soon.
From fundamental analysis, PE is only 7 with NTA 0.13. Cash rich company.
Total 3 times of 8% divident given for financial year 2013. Mean already given 2.4 cents profit as divident. 3 quarter financial results showing total net profit is 1.63 cent, meaning coming 4th quarter earning will be at least 0.8 cent per share. Wihout high profit of 4th quarter, the company will not payout such divident.
0.8 cent EPS transform net profit about RM6,000,000 which 50% higher compared to year 2012.
Quarter financial result will out ~ 20th - 25th Feb, so still have one week to accumulate this undervalue share. Buy now before too late !
The support and resistance level of MARCO are 0.155 and 0.175 respectively. It is observed that the MACD line of MARCO is above the centreline indicating some degree of strength in the price movement.
Look around at your table, if you see something spell like this"C A S I O " That's Marco. Patience wins in stocks. Strong good fundamental coy , have faith and patience pays.
Invest88, thanks! Hope it's true. Even if not true at this price still a good investment. Will hold tight tight and hope for the best. For dividend income can even masuk lagi.
so many trash talker in this place. wait price stable 1st only buy at right time la. from the divvy they give, fair value will be at 20sen based on their business nature. this share is not like maica. the land only 2acre. possibility sell to platinum victory developer in setapak (besides their sister share) also there. i can foresee their profit will remain positive but not more than 5-10% growth Q2Q. those who target 50 sen maybe you can wait if its really break 25sen
tomorrow people will buying warrant at 0.065. Quarter result should be out this Friday or next Monday. Sure push up the price these few days. Buy before too late. I have been accumulating since two months ago. Now is time to harvest. Hohoho!
Kennyukm ! Target price is 0.25 and 5 time is 0.5 in no time . Progress now , harvest farm as mention by my frenz .
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Posted by kingleecha > 2014-02-11 17:21 | Report Abuse
hahaha..see me pro? drop??hahaha..xD