with OCBC bank buying into Mercury Securities S/B, this will stir the interest of brokerages when the market opens tomorrow...especially TA amid rumour of MGO or privatization.
The Edge wrote so much on M&A of local brokerages today, whether "1+1" outfit or standalone outfit, TA of course will not be in the limelight but will be in the spotlight when market resumes tomorrow...i think it will rise at much faster pace by tomorrow.
tomorrow limit up...all please don't sell ..except at RM 1.11 or just keep until reach RM 3...just like hwangdbs
hwangdbs is an investment banking which smaller than TA ...TA should be valued at least similar to hwang
i think bank islam...bimb should buy Ta and merge it with bimb securities ... instead of other banks...because it lack to much power ...although not sure if bimb has enough money
or OCBC should buy again...UOB also...and ammbank not so keen in hwangdbs compared to affin...do not understand why ammbank is so passive..unless they're targeting TA :)
wow, you all talk like a confirmation on hand already. Looking at the trend, next week may be just sideway. Must be realistic, don't listen and just buy high lo.
M&A of stock broking at 1.12 to 1.98 of net book value. TA Enterprise net book value is at 1.022 and at 1.12 to 1.98, TA Enterprise will be valued at 1.14 to 2.02. Another run for next week.
TA is the one everyone eyeing for now, it can be easily transformed into more money making company, simply repackage it by more on line accessible, reshape it by recruiting more young dealers and rebrand it by carrying out more CSR...the fact is it has a strong retail based but fail to capitalize on it.
I afraid all over optimist :) I admit this is good stock but not worth if bought too high and reduce the profit level. End of the day, everything goes up over will retrace and next higher. I would rather stay calm to watch to enter. Now I am smart, I queue earlier before I go to work tomorrow. Queue at below 0.80 everyday until get it. If cannot get, then no choice. There are a lot of stocks out there still :)
LOL. Am not smart. I trust Technical Analysis. But of course technical analysis not always correct, that's why profit taking and cut loss is required. But I still trust "TA" (TAE). Just not simply chase high. For KNM, sideway, no signal. :)
Above 20MA. But for KNM, sideway 0.400 ~ 0.415. 20MA is about to kiss 50MA. Afraid fault signal. Anyway, I don't think this is wise to talk about other counter in TA page. Here we all love about TA. Everyone here bought TA. The different is the average price bought :)
Not optimist. i had shares in TA. Just dreaming if can hit 1.20 then got profit 50% ma. Day dreaming hope can be real soon. Many traders sell off today. emm...... patient. Tomorrow may start to buy 1K share for few days.
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....
TeddyRiley
220 posts
Posted by TeddyRiley > 2013-11-08 14:34 | Report Abuse
Q @ 80 still not matched. sigh