The problem with the company is lack of investor friendly and also execution. But I believe the new management is doing something but take time. So mean while can buy while the share price still cheap.
Yes, Dow was down 0.58%(not a crash). But KUB Malaysia was down 2.3% yesterday.
Next, we should pay attention to the quarterly report to be out this month to see how it was performing in the last quarter. This can surely affect its share price more. =============================================================== Hafid Dow is down 18/11/2021 5:25 AM
KUB look interesting. when is the qtr result coming out. Maybe next week i guess. If market really down than getting it cheap is good....The way i look at it is the Plantation segment where the FFB price for the period shall be selling at average around RM700.00 at least.
Nothing is impossible in share market but remember KUB has 0.675 net cash/share to support. Past two years reformation was successful transfer KUB become cash rich and light assets cooperate. LPG and plantation can continue provide sustainable profit for KUB and we are expecting the next move is KUBE which join venture with Korea HFR group able to secure projects from national JENDELA plan soon.
US stocks jumped for a second day, continuing their rebound from a recent rough patch, as investors grew less fearful of the potential economic impact from the new omicron coronavirus variant.
Dow has rebounded more than 1100 points in 2 days...
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....
Hafid
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Posted by Hafid > 2021-11-18 07:02 | Report Abuse
If can reach 50sen than is the best. If not at current price also good entry. Just do privatisation the owner pun untung. So wait and see