Bought this to finish up the leftover $ in my trust account. Fundumentals seem sound and i felt i wouldn't lose my $ because i don't think it will drop by alot .....
Must support corp. Buyout or inst. Takeover.remember co make$ DONOT BENEFIT SMALL investor. Div small small, how longto wait, so vote favour tover by third party
latest quarter result will be due soon. And in May, there should be dividend announcement soon. Judging by the recent consolidation in financial industry, there could be possibility of price appreciation too. Just look at how HwangDBS rocket up in a short span of time.
buyers are nipping on the stock recently. Once after election it might just propel higher. I'm not worry about this counter. Holding power was the key to success.
They need to demerge this company into 2. Properties & finance. Than can unlock the value of the property division. If not we need to get a new board of directors who are able to get this done.
based on TA 61.5sen is a strong resistance point not expecting it to break through so fast... just have a good exit plan to cut loss or protect profit, anyway, this stock is under researched and undervalued.. only HwangDBS has coverage on it with a TP of RM0.85..
i dont see any serious weakness yet although I cannot say what the TP is... just monitor the volume and watch out for excessive volume with prices closing in the low which indicate that the smart money is starting to distribute...
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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....
wakarimas
1,043 posts
Posted by wakarimas > 2011-10-13 00:49 | Report Abuse
buy buy buy! so cheap now.