Based on most of the leading financial guru most of them conduct the same path on basis is just the fine tuning that makes the edge. Bro KC is providing the leadership.....
a bit rueful not moving, need boney's magic to catalyze this counter. hehe. good balance sheet, cash rich and little debts, think it should deserve higher price..
Century Bond (CBD MK) Technical BUY with +15.0% potential return Last price : RM1.52 Target Price : RM1.64, RM1.76 Support : RM1.38 Stop-loss: RM1.37 BUY with a target price of RM1.76 with stoploss below RM1.37. Since earlier this year, CBD’s share price has been declining steadily from the high of RM1.76 as the share price treads inside a downward price channel. However, yesterday’s breakout above the channel and the “cloud” implies the end of the long-term downtrend and the start of a new upleg. A higher trading volume of 0.63m shares (vs 20-day average of 0.09m) was recorded upon yesterday’s breakout, signalling strong interest in CBD. A bullish crossover in both MACD and Stochastic indicates a growing momentum which in our view is likely to lift the share price higher in the near term. A hidden “bullish divergence” was detected which is in line with our reversal expectation as we peg our upside target to the previous high of RM1.76 over the medium term. Expected Timeframe: 2 weeks to 2 months
This company don't really take care minority shareholder interest, declare so little dividend even with 80 million cash, no point listing , just do a capital repayment.
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....
yfchong
5,883 posts
Posted by yfchong > 2014-07-05 22:17 | Report Abuse
Based on most of the leading financial guru most of them conduct the same path on basis is just the fine tuning that makes the edge. Bro KC is providing the leadership.....