I think today uptrend was because of the news of possible merger with JF Apex. Will that be the 2nd cases just like previously bought over ECM? Then, the financial result for the following quarter after merger might be again go into red ink....
Sometime, too fast in expending a company is not a good sign... unless you have plenty of cash on hands. As I can remember, Kenanga also eyeing on the investment banks in Indonesia (news came out couple months ago). As an investor, i think we are more happy if a company can earn money and give dividend.
Looks like I am wrong from my judgement previously. The share is moving up. Congratulation to Teh_Invest if you are still holding the share till now. Your target price 0.70 is not far away. :)
OSK_rhb, HDBS_affin, CIMB_cimb, AM_am, HL_hlb... MBB, PBB.... Alliance??? ... K&N??? ....TA?? Apex?? .... hmmm ..... there's sudden jump of volumes on K&N since Nov2013 ..... then down then up again ..... this is the time to leverage on the puzzles ...... early bird gets the worm ......
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....
Teh_Invest
475 posts
Posted by Teh_Invest > 2014-03-13 15:24 | Report Abuse
It went above 0.62.. what's next?