wahhh..observing fm the price & buying interest, if the owner of the owner of this company gets in during afternoon session, no need to go to genting tmrw :D
Volume need to trade between 3.32-3.46 range at least 7mil unit above in order to survive,if not it will like alib said even bus ticket also cannot afford to go genting.
Actually, its the big players are collecting it this cheap ... usually when they want to exchange hands, they will push the stock low, and then the other party will accumulate it up. Given the oversold condition MHB is at this moment, I think its about time for it to put the forward gear ... hang on !
Astro will be included as a component of the 42-stock MSCI Malaysia Index with effect from 31 May. Following Astro's inclusion into the index, MMHE will be removed.Today is 31 May.Could this be the reason for today heavy selling ?
osk-rhb 4:20:10pm, looks at misc, shrak push the price low and low, and now their keep moving up, heard kwsp agree with the price from petronas from 5.30 to 5.50rm, we will seeof moving 2 counter hehe
AStro included in the MSCI Malaysia index effective from 31 May. Share price up 8 cent with with volume transacted close to 100 mil. MHB remove from MSCI Malaysia index effective from 31 May. Share price drop 15 cents with volume 31 mil. transacted...
Robert123 Yeah both MHB & MMC are looking good..btw any news caused the price drop? If NO any bad news, then Good news for both counters...i'm excited for both...
Robert123 Yeah both MHB & MMC are looking good..btw any news caused the price drop? If NO any bad news, then Good news for both counters...i'm excited for both...
MHB can buy, MMC corp buy later when drop more... Unlikely to up back to rm4.00 in short term...6-12 months rm4.00 more likely...next Monday when retail investors panic selling MHB, the more it drops the more I will buy... At present share price, dividend yield is 3.5% per annum...not great, but lately it is bidding 1.5-2.5billion projects... May be there is delay, may be delay till end2013, but will rebound to 3.60 in 1 -2 months...
Dont get me wrong, when the MMCCorp was removed from 30 klci index on 1st august 2012, it fell severely but recovered strongly after that. just hold tightly for the rebound and the reward after that, Pls check the chart for MMC
Robert123,MSCI index is different from FBMKLCI 30 index... This time,foreign funds sold down MHB.Look at LTH, it is buying at a loss...any price we buy now is cheaper than LTH.
i'm targeting for ex-dividend run-up and maybe 1 weeks after that to sold as this happen twice ..big drop and one of big shareholders bought it and later after ex-div it goes up.tabung haji not at loss becoz they know div coming and later push up price higher and sold.take a position
it is good opportunity to buy MHB at 3 to 3.2 level, you hv to thank the syndicate or fund that sell down to this level. It take them so long to bring to this level. this is a bluechip oil and gas contractor, paying 10 sen dividend. they are the deep sea specialist,more job in the foreseable future. short term it may broken some people rice bowl due to streamlining the contractors and suppliers. They expanded their yard capacity last year after aquiring it fr s darby. MHB has been declining since long ago, despite the improve sentiment and the recent rally of oil and gas stock,the stock price keep going down, it only suffer lower profit and slower job replenisment, why should it drop like THIS. ISn't some one manipulating? SO We have to stay cool and relax.Buy each time it try to close lower. Good LUCK
Like its parent Misc, misc drop to 3.86 with heavy vol, the recovered 10% to rm4.2 level, a few month later Petronas announce privatisation at 5.30. This time MHB may hv other agenda or story, pls stay invested. Try to buy at low, buy more when it drop another 10%, no one know the bottom. I believe if this is fundamental sound stock, net cash counter and big cap and solid shareholder behind, it will go up one day. Pls remember MHB is a oil and gas stock which is catching the investors attention. We are small investor, we can watch, analyise and talk, hopefully the big funds will see this as a opportunity and start buying.
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....
alib4b4
89 posts
Posted by alib4b4 > 2013-05-31 10:38 | Report Abuse
hohoho...tsunami2 :D