Now this BPuri is just resting for those who missed to buy some before it moves upward again. Keep this BPuri for 18 months and see it double in price.
BPURI has been trading above its upward sloping 20-Day Moving Average which is a good sign. However the upward movement has encountered resistance at the level of 0.5. Traders should pay special attention to the price and volume behavior in order to determine whether this resistance level can be broken decisively for BPURI to resume its upward movement. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
....like it or not bskl has been down since sept 2014 about 2years already....to my understanding all the deep pocket investors such as epf kwap thaji equinas etc have collected ceap2 so now timee for them to goreng bskl...just to name afew obvious share passing to "market maker" to push up klci ... 1. recently kazanah pass/sell tebaga share rm1.4bil to unknown party 2. n later sime make pp rm700mil+ wth 10% discount also to unknown party
and my take are : 1.both deal are at good reasonable price the why it is done 2.having good future expension 3.potential passing to mkt maker to goreng klci index...so watch out tenaga n sime as guidence of mkt direction...!!... Good luck guys...
BPURI has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, there is a technical level at 0.475 which may support any short-term retracement. RSI is also showing an overbought condition which may indicate some retracement may take place especially if the support level of 0.475 is broken.
...yes the pe is high it likely telling the recent past perfomance and the way i look at it is investing on future earning as such it is critical looking at the current biz in progress n long term biz plan such as kuantan waterfront city...and the easier way is just wait the coming private placement exercise, if it is well taken indicating the present biz and future potential likely to be good....if not i dont think any big investor will want to take up the private placement...
thing like this i.e PP price fixing may be currently in progress for bpuri?? ---------------------------------------------------------------------- On behalf of the Board, RHB Investment Bank wishes to announce that the issue price for the third tranche of the Private Placement comprising up to 63,693,171 Placement Shares has been fixed on 27 October 2016 (“Price-Fixing Date”) at RM1.26 per Placement Share (“Third Tranche”).
The issue price of RM1.26 per Placement Share represents a discount of approximately 9.37% to the five (5)-day volume weighted average market price of MRCB Shares up to and including 26 October 2016 (being the last market day prior to the Price-Fixing Date) of RM1.3903 per MRCB Share. ---------------------------------------------------------------------
Posted by ding dong > Oct 27, 2016 06:22 PM | Report Abuse
thing like this i.e PP price fixing may be currently in progress for bpuri?? ---------------------------------------------------------------------- On behalf of the Board, RHB Investment Bank wishes to announce that the issue price for the third tranche of the Private Placement comprising up to 63,693,171 Placement Shares has been fixed on 27 October 2016 (“Price-Fixing Date”) at RM1.26 per Placement Share (“Third Tranche”).
The issue price of RM1.26 per Placement Share represents a discount of approximately 9.37% to the five (5)-day volume weighted average market price of MRCB Shares up to and including 26 October 2016 (being the last market day prior to the Price-Fixing Date) of RM1.3903 per MRCB Share. ---------------------------------------------------------------------
Calvin thinks Company is worried if BPuri price should fly to, say, Rm1.00. Then pp will be aborted as the discount limit is only 10%. So pp will be raised to 90 cts & pp at 50 cts will be called off.
As pp cannot be lower than par value of 50 cts So The Lowest Price Allowed for pp is 50 cts.
Now that price is still below 50 cts we still have opportunity to buy Bpuri shares so cheaply at 47.5 cts. I think by next year after all Capital Exercise is over BPuri should double in price.
PE changes proportionately to the earning per share of the company..whether It goes up or down depends on the performance of the company. Based on the coming quarterly results, BP's PE is likely to be lower. Lower PE will warrant a higher share price. Accumulate with confidence.
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....
musangfoxking
3,614 posts
Posted by musangfoxking > 2016-10-25 20:01 | Report Abuse
beware... when someone asks u to buy!!!!!!! kikikikiki