the fact its trading below NTA mean something else is wrong somewhere. Both the husband and wife are former remisiers so they know the market like the back of their palm. You are asking for trouble if you look solely at the books which are historical/retrospective
TAE rises due to speculation that its for sales and nothing else. RM0.68 is a good buy but I will wait because USA is in a mess and DJIA heading south, Fitch downgraded Malaysia etc. Better wait than be sorry.
as long as 0.655 is not broken, ta will be just fine. this counter rise from 0.57 to 0.705 (23% up), profit taking of 2-3 sen is ok coz many traders bought earlier
same sector, i don't know who in the same sector as TA, insas?
btw as said don't judge with PE
the latest result from TA shows is has significant improvement on the earning. so people foreseen the earning will continue and sustain, means the PE will drop in future.
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....
Superb99
6,598 posts
Posted by Superb99 > 2013-09-30 12:31 | Report Abuse
but it is not easy to hit RM1 level as all the relevant news about it are vague...guessing here and there...