Don't simply post and create fear or hope with an agenda. Let's just be honest with our own analysis. Frankly CAB is being artificially supported. It can have an awful drop as in Oldtown. For me, I feel we can get it much cheaper. Just be patient and wait. It needs to go down more for a meaningful rebound. Moreover all the news is already out.
http://www.theedgemarkets.com/article/cab-cakaran-banks-inorganic-growth-strategy Some salient points to consider :- 1).... points to CAB Cakaran’s low net profit margin of 2.14% as another area management could improve on. 2)A fund manager says a lot of the catalysts have already been priced in, although some of the developments have yet to materialise, including the JV with Salim Group. “The market, in general, has gone up quite significantly, more so for CAB Cakaran. The question is, what if some of these anticipated developments fall through or are delayed further? It will definitely hurt the stock’s price if these expectations are not met. Given the surge in its share price, it makes investment sense to take profit,” he says 3)Adding to the sense of cautiousness is CAB Cakaran’s announcement of an extension in the validity period for the MoU signed with KMP to the end of the year
If result is bad next quarter,the share price will sure go back to rm2...we all can collect at this price...I go for gap down next week.drop drop drop.lol
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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....
Insider_Says
95 posts
Posted by Insider_Says > 2017-05-30 18:39 | Report Abuse
hmm.......