9thFeb to 26th Feb is just a span of 2 weeks, a whopping 40% discount in TP from the same IB... I wonder if Bursa should implement a guideline to manage those dick head analysts who uses their knee cap to think and come up with the reports...
I should have studied finance & commerce instead of engineering. I would definitely get fired for such a report in engineering work but in finance world you may even get rewarded for such a big descrepancy........ ; )
anything below RM1 also is a steal. look at the latest qtr earnings. its still solid. tenderbooks enough to last them 2 years. lets hope they manage the projects well and get a good margin out of it
Kenanga = post SELL when they collect more; post BUY when they want to sell; the only true thing they post is when they have already take profit, then they post TAKE PROFIT since the share has dropped.
Those who believe in kenanga must be crazy. Their analysis just lousy. Those who follow them sure die. The one, no need good luck. It sure back to its real value.
Be careful, this stock is in a weak position now after closing at 1.01 The last support to hold it in place is at 0.98. Breaking down 0.98 will turn it bearish.
well said kimssiat. actually most IB analyst have ulterior motives. everyman for their own in the share market!
no offense Qwerty but if everything also follow TA rules, this market is so predictable, then buyers will wait for sellers, and vice versa, then no movement at all lo
Nope... stay away from Barakah for a while.... They can easily defer projects from PETRONAS as n when they want. Cannot sue or anything. Just like our Govt can increase fuel prices as and when they like. How to invest in M'sian companies like this???
This is a very good time to collect ...but not the best time...oil hit bottom ...but maybe this counter still can go lower...always prepared the worst coming.
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....
klmanutd
41 posts
Posted by klmanutd > 2015-02-26 09:46 | Report Abuse
Project deferred. Source by Kenanga