Kimlun may continue to climb after closing at its highest in more than 8 months. A purchase can be made if the stock stays above MYR1.50, with a close below MYR1.45 as stop-loss. The price target is MYR1.70,with resistance also expected at MYR1.60. Failure to stay above MYR1.50 should see the stock trend sideways.Strong support can be found at MYR1.40.
with GE around the corner, not dare to have any fair value now.. but with 0.048 dividend,last year EPS about 20 cents, growing forecast, i will buy more below 1.40....
Bryan do u think there will be bonus issue or right issue scheme...... Long time does not have this...... The forecast for FY 14 debt reduce meaning no exciting plans........yr opinion
RHB Research said Kimlun's recently launched maiden property project, the Hyve Soho Suite, in Cyberjaya with an estimated gross development value of RM240mil, was a runaway success with take-up already hitting the 80% mark for Tower A.
Given the overwhelming response to Tower A priced at RM530 to RM540 per sq foot on average, Kimlun plans to put onto the market the remaining Tower B at a higher price of about RM570 psf on average.
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....
sephiroth
14,146 posts
Posted by sephiroth > 2013-02-26 15:29 | Report Abuse
RHB Research TP 2.18, HLIB TP 2.05