US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
so trump sapu the whole world money,let America great again and the world in depression.only dow gradually down and the money flow back to the rest of the world only can recover.dow new high here more worst
If u read Kenanga analyst's report and his reasons of lowering the target price of Uzma from 76sen to 61sen after Uzma posting good earnings result this quarter, u may feel ridiculous.
In addition, the analyst claims core net profit for this quarter plunged YoY. This is very different from my calculation which showed this quarter's core earnings improved QoQ and YoY. I wonder what the analyst is doing ??
I think this is the 1st time I see analyst revised downwards the target price he set one month ago, after the company he covers posted good core net profit and without any new negative factor emerges. One of the main reason is he "feel" earnings delivery risks may persist..Huh ?? analyst can just make call based on feeling ?
The quantum of his adjustment is also as high as 19.7% (from 76sen to 61sen). What is the logic ? Well, he did explain his reason but I still do not see any logic ?
This reminded me of one analyst report on Econpile in early 2019, the tp set was merely 20+sen per share and recommendation is SELL. Just look at Econpile's performance and stock price now, u will know the quality of our Malaysian analysts. I think many i3 forum members are more qualify then them.
HLInvest ceases coverage on Uzma Our previous forecast, SELL recommendation and TP of RM0.63 (pegged to 9x FY20 P/E) should no longer be used as a reference going forward.
Kenanga Research - 29 Aug 2019 Maintain MARKET PERFORM, with TP of RM0.61
PublicInvest Research - 29 Aug 2019 TP of RM0.57
Calvin Tan Research UZMA WILL BREAK 3 TARGET PRICES 1) 75 sen 2) Rm1.00 & 3) Rm1.20. :-)
>>> value88
I think many i3 forum members are more qualify then them.
kikikiki.... aiya..jangan peduli semua analyst2 ini, semua ada motif punya! perlu ingat dulu semua analyst2 ini beli vivocom tp 62sen - 78sen. takda boleh percaya la.....kikiki
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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....
calvintaneng
56,158 posts
Posted by calvintaneng > 2019-08-29 09:36 | Report Abuse
WHEN WE WAKE UP
BRUSH OUR TEETH AND USE TOOTH PASTE?
BOTH TOOTHBRUSH AND TOOTH PASTE ALSO MADE FROM OIL
SO CRUDE OIL IS OMNIPRESENT IN OUR LIVES
IT REACHES INTO ALMOST ALL AREAS OF OUR LIVES
A MILLION TYPES OF BY PRODUCTS COME FROM OIL
THAT IS WHY UZMA IS ALWAYS RELEVANT