This is good company, nobody can deny, but with this target price.... really scary. recently so much policies to cool down the property price also. If other big developer face problem, this one how exclude? You can goto study property market now. how about next year GST? any affect?
companies listed in property index, the highest is TAHPS @ RM 7.80., followed by SPB @ RM 5.33. Then EcoWld is the third. SP Setia only @ RM 2.98. So is this counter overpriced?
now his own money involved and see what guard he possess, show time.no more public pnb fund to spending spree and some people are good in working for other and no good as own boss !
Comment? My comment is always the same. Too many uncertainties surrounding ecoworld now. Unless u can hold at least ONE year then don't buy. Now is still in a trap phase. But within next few days will have show.
Respect the Yao Ming 's bar with UHV. The sign is there , is it up to us to react..cautious remark given....Next few bars will provide more clues... It is worth to step aside ......
Maybe the selldown of Ecoworld is because of the share placement? Placees, if its insiders, would like to buy their shares at low price, so they would not want the stock to go up too much prior to the placement. But after the placement, it's another story - they can allow it to move higher.
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....
ganasai
1,671 posts
Posted by ganasai > 2014-05-12 15:01 | Report Abuse
This is good company, nobody can deny, but with this target price.... really scary. recently so much policies to cool down the property price also. If other big developer face problem, this one how exclude? You can goto study property market now. how about next year GST? any affect?