no one is sifu in this forum Besafe. We can only use our best judgement and share invaluable information to help small retail investors like ourselves to maximise gain and minimise losses. Caveat Emptor always!
according to some reliable sources, the guy who worked in cambodia for one malaysia's bank had already resigned last month from the bank. He is the person who got the banking license..He will start new bank. Can someone verify this statement ?
yes agreed. banking license is only a catalyst though market could give some upside to its price. The fruit can only be seen much later say in 2 years time upon commencement. Therefore RM5 target will come later and not now in my humble opinion. I hope i am wrong.
What I am trying to say is that if the banking license is obtained, the valuation of the company will be much higher than now. The banking license will be a huge bonus!
Today profit taking but the counter has strong downward resistance. No matter how much the retailers are selling, the price seems to be holding strong. The counter may recover the losses by afternoon and trade higher either tomorrow or Thursday.
Those holding, Congrats to you and just need to wait until all the contra sales are absorbed before it goes up again. Anyway, set your target and exit when the price reaches your desired level. Good luck. TAYOR.
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