Only have one call warrant and benefit to xplode only 2.5 cent,easy mother tp above 1.1 price,good indicator n volume today to give signal bullish,good news get half billion project,my tp above 1.18 in the way in 3 week,just test broken 1.02 level today,next week start proper next level
At our neighbour , both keppel and sembcorp which has almost similar business as MHB is getting short at highest level and shares prices lots of pressure. I have friends who works in o&g, they said the o&g sector is just too gloomy currently (not only because of low oil prices but also there has been over investment during the boom period hence oversupply of rigs and all sort of supporting vessels. Plus there's solvency issue in some of the clients! Triple whammy) .
Consider your lucky that in Malaysia we can't short sell the stock.
Markus, bad comparison, Sembocorp, dropped from avg $S 5.xx to $S 2.4x, barely half, MHB from RM 8 to below RM 1 lol, even its IPO is RM 3.9. Just saying, avoid companies with high debt.
This year nearly hit 1st Q and profit after tax is 44m for last year. A lot of potential only thing MHB is moderate but one thing for sure they hit 7 to 8 ringgit previously
avoid this stock...it wont go back to their glory day anymore.. if you are stuck in this stock, just hold lor. if you have little profit, better sell and switch to better future stock. if you plan to buy this stock, please avoid..
What dramatic move? Mind to share? Mhb need more project.. as its profit is mainly from the project driven..use ur binocular.. see their yard full of project or vice versa.. just my suggestion.. clearly then u can feel where the price will head to.. :)
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....
riff
226 posts
Posted by riff > 2015-09-29 17:44 | Report Abuse
Eh Mr @D7zul already cut loss or not? Your bull mood gone liao meh?