KUALA LUMPUR (Jan 31): RHB Retail Research said TA Ann Holdings Bhd is set for an uptrend rebound as it crossed above the immediate resistance of RM3.39 on strong trading volume on Friday.
In a trading stocks note today, the research housed said if the stock sustains above that level, expect the stock to propel towards the 52-week high at the RM3.54 mark, then RM3.70.
Indonesian based plantations will not reap the full benefit from the CPO price surge due to government policy . I think Malaysia based plantations are better choice.
Last week given biggest hong pao(dividend) already. Today extra again. By right this whole month given out hong bao one- provided u know the right timing.. Nian Nian you yu, da ji da li, zhao cai jin bao Gong xi fa cai Huat ah!
When more stock in circulation as a result of split or "bonus"
Price per share readjusts downward
So does Earnings PER SHARE
P/E remain unchanged
Imagine RM100,000 value business Last time got 100 shares at RM1K per share Profit last year was RM50K EPS RM500 per share So PE was 2 times
Now u give "bonus" issue of 1 for 1 So total shares jadi 200 shares Now 1 share becomes worth RM500 per share EPS becomes adjusted to RM250 PE remains at 2 times
Stop deluding yourself!!!
The only good thing about splits and "bonus" is that it makes the share price becomes "cheaper", so easier to GORENG
But this is also a double whammy
Easier to goreng also means bigger drop if kena sell!!!
Generally bonus issue and stock split doesn't really affect the fundamentals. But with Bursa being a small market with many ikan bilis investors, lower price means people buy and sell more in the stock market. Yes it makes it easier to goreng (since more people participate mah). Let say in my case, if I want to buy 1 lot of MPI, which is almost RM4K at current price. With my meagre monthly savings of less than RM1K, I either have to wait, or sell off some other counters, but I could also accumulate 2-3 lots of Taann per month.
I know high rollers makes the splash, but don't forget about the many ikan bilises behind the scene. I know some people who wouldn't touch certain counters because "terlalu mahal".
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3324 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Pinky
3,406 posts
Posted by Pinky > 2022-01-29 17:46 | Report Abuse
Bodo punya Mat Salleh