TSRCAP+LTAT+Bukit Timah Sdn Bhd in land deal swap with gov to redevelope RMAF. they will redevelop the current air force land into a mixed-use project worth RM10b GDV.
GDV more RM10b... look a good numbers. Undervalue stock looking to 1.40 price level...
TSRCAP+LTAT+Bukit Timah Sdn Bhd in land deal swap with gov to redevelope RMAF. they will redevelop the current air force land into a mixed-use project worth RM10b GDV.
hope this is the 2nd wave up to 1.4 and go higher..last time drop because someone said he not been inform of this project..but did mention good to have this project to release the velue of Penang Island..Now Putrajaya agreed on a land swap...
Just received a news from the staff inside saying TSR Cap were brewing something... announcement will be quite soon. not sure how true is it. i think the plan the continue as the people inside were still working on it rather than leave it aside.. hmmmmm
TSR Capital (TSRC MK) -----------------uob kay hian,,12/05/14
Technical BUY with +37.6% potential return Last price : RM1.17 Target Price : RM1.49, RM1.61 Support : RM1.08 Stop-loss: RM1.07 BUY with a target price of RM1.61 with stop loss placed below RM1.07. TSRC has failed to surge past RM1.27 despite having formed a solid base in a “cup and handle” pattern. However, the neckline at the recent high of RM1.27 has not been breached, thus the validity of the pattern is still pending. Nevertheless, we are optimistic given the gradual rise in momentum as the share price has been consistently climbing along the steeper trendline. A violation of the immediate resistance of RM1.27 should lead the share price to retest its upper resistance at RM1.49 while we peg our medium-term target at RM1.61 which is based on X to X projection of the “cup and handle” pattern.
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....
peterchia
32 posts
Posted by peterchia > 2014-03-24 20:04 | Report Abuse
Hold ......until it fly...