actually those who sell are just small time.. no effect to the price at all..I just think is sayang to sell cheap to the big fish and when the new is out the rebound is going to make you more heartache :)
from 1.88 drop to 1.69, rebound also back to 1.88 (T_T). so good counter also dont know why still got people keep on sell it.....really need give dividend just able keep investor
Do not be confuse and read carefully UOB report. It does mean accumulate Barakah-LA at 1.40-1.50 and not the mother. Mother TP is 1.70. This is because Barakah-LA offering deep discount and the price will narrow to mother share price in about 8 months time for conversion. 1 Barakah-LA to 1 mother share at no conversion cost (do the calculation). That is why you can see the volume in Barakah-LA not much selling, UOB, Hong Leong report means sapu Barakah-LA.
Beside, if buy at 1.40 -1.50 UOB will not ask you to hold is to ask you to sell. Bear in mind, UOB report also quoted should Barakah won Saudi project will re-rating to 2.30-2.50 result will out soon. Even thought coming result might have little set back that is just for temporary because of deploy KL101. Should structuring successful it will save up to million ringgit of interest every month another positive. By the end of the year share price might have already double with projects won Pengerang, Saudi......, structuring. Petronas VDM program by the way.
Don't be emotional....please go back to Barakah's fundamental....ask whether Barakah is good to hold for another quarter...is Barakah lost making? if the story is still OK, then hold la.
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....
MikeT
204 posts
Posted by MikeT > 2014-02-24 10:03 | Report Abuse
crawler, let them dumped cos all these ppl will slow down the progress on Barakah.