All uncle, auntie, bomoh also bought OCK. Inari2 in the making. What are you waiting for?
If the news is correct, 30% more contract means improvement of profit. For net earning growth between 13-26% over FY13F-15F, RHB target was MYR0.98
Now they are aiming to double that. What will be the new target?
Catalyst 1. Earning to be doubled (ok, let's say we are a bit conservative, it only achieved 50%, it will still be way over current price. 2. With 1.5 billion contract in budget 2004, if OCK only have 1/5 of it that is quickly conservative considering OCK is one of the major player, then it will benefit massively. 3. Digi massive capex announced recently and OCK is one of their major supplier. 4. Income from other countries 5. Going to main board. It has planned to goto main board last year but need some tweaking. This has created such a hype that turn inari from RM1 to current price above RM2. Think, what that is going to do with OCK!!! Half way is good enough :-) 6. Re rating by research house on the horizon. 7. More people is going to use 4G.
chinesetea, luckily I din't buy into coastal. I can't tahan the ride. It doesn't interest me either after I study it FA & TA even my dealer recommended me. Haha, so where do u think OCK can hit?
hepitrade, I though u already sold like uncle mike, intraday? Tomorrow morning sure up, OCK manage to close at it high. RM2 is not a problem as LTAT keep on buying in bulk. budakampung & ryanlim1023, u all may seek tewnama advise. =)
If u watch LTAT style .. They throw ball to sell and another fund manager buy ... Then a selling spree .. And then low enough the other LTAT buy again .. And goes on and on like this. If u can follow their ride .. Fatt tat lot ! If not .. Trapped till price catc up again! Going to main board is not simple! not ocer night can move over leh. all the best!
bila saham tak naik, kasi seribu dalih tak nak beli. tapi bila aje naik, baru nak tanya boleh beli ke tak? Pelaburan yg selamat ialah beli dan simpan. cara ini tak payah tunggu harga naik baru beli. tak payah tanya boleh beli ke tak bila aje sudah naik.
I have my back of envelop TP calculation but don't want to publish here as it is irresponsible without all facts. You can use this http://klse.i3investor.com/blogs/rhb/42955.jsp as your starting point and adjust the forecast based on recent news. Definately not 3.5 :-)
Personally, I have collected enough. Please decide yourself http://klse.i3investor.com/blogs/OCK20mil/ but don't chase high if you don't have holding power as correction can come anytime before it can go further.
Althought chart is strong, the market is unpredictable and some may choose to take profit. Keep an eye of DJI before queuing. Another key is whether LTAT will control the price. 0.9 is very strong support followed by RM1 if it can close above RM1 tomorrow. If you want to earn quick bucks, then I advise not to enter. For long term, buy and keep a year and you will not regret as this will be the best year for OCK. The budget 2014 is too big to be ignored.
LTAT have been selling most of the time when it reach 0.8. It seems that they have bought more than sold recently and this can be a sign of gathering momentum to fulfil the requirement of preparing the application to goto mainboard. It wouldn't happen overnight and can take months like inari but this keep the speculator happy and push up the price further.
Let it rise slowly and driven up with more earning report/announcement. Otherwise, it will become a goreng stock and UltraMAn will press the button.
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....
aiman168
799 posts
Posted by aiman168 > 2014-03-18 16:49 | Report Abuse
nak beli...harap boleh terbang bawak kelapa dua bijik, ngan bakul sekali