pada pendapat aku yang bodoh2 ini, ICON patut naik UMWOG patut jatuh, sebab pembelian via issuance of UMWOG new shares par value 50 sen but valued at 80 sen.
Can kiss goodbye to the loss making UMWOG (the burden goes to PNB n EPF) and can get 1.03 UMWOG share and most importantly,focus back to the swee swee profitable biz...
PNB is no doubt . Win. Who is the new man? My respect leader. Wahid. To turn around UMW by a wise man and great fund UMW will fly tablets double of robotics as of today.
Yeah sifu Pang, Hes the key person. While the announcment of this exit o&g biz..they are following thevl footsteps of Uncle SIME which divested its own o&g div for RM695mil back in 2011. So more to come lighter balance sheet to be easier for them. Which this divestment of stakes on UMWOG about halve their gearing..total borrowing will be reduced 65 to 68% from about RM8bil.
So nextweek i forsee this ship will continue sail to the north for meet my 1st personal TP's RM5.25, 2nd TP's RM5.50, 3rd TP's RM6.80 and final TP's RM7.50. Maybe can go more far..
For immediate CW, i would like to see UMW-CY up +3 pts 0.02 to 0.05 at current now. It will go beyond 0.10 cts immediate before expiry on May. So i put in my TP's 0.15 - 0.20 cts.
Just my 2cts on 2017 ciming star.. [Kim's Stockwatch]
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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....
hewusana
265 posts
Posted by hewusana > 2017-01-04 14:05 | Report Abuse
So continue drop...