DEFINITION of 'Cross Trade' A practice where buy and sell orders for the same stock are offset without recording the trade on the exchange, which is outlawed on most major stock exchanges. This also occurs when a broker executes both a buy and a sell for the same security from one client account to another where both accounts are managed by the same portfolio manager.
It's just as good as a share transfer between different account. Normally, tht does not constitute a transaction carried out on d exchange. It really puzzles me on wats d incentive in doin so.
Johny... you cant just transfer shares to just anyone you feel like... have to meet certain criteria with supporting documentation... unless the shares are owned in fund manager name and it's just a matter of the fund manager changing his internal records
aiyo.....Cweed.....new factory got delay wo....got read report boh.....build factory also like a snail.....aiyoyo.....tomolo got show liao.....ha ha ha
Aiyayah, esok very cerah! "Reiterate BUY with an unchanged TP of RM3.43, based on P/E multiple of 19x CY15 EPS. Our multiple is pegged to the average P/E multiple of its international peers"
I just found a TA Securities' analyst report dd 1 Dec 2014 with a TP of RM3.55 but it is not included in i3 website here. Wonder why!!! Hence, those who offered a TP of RM3.43 should be revising it upwards very soon. This shows tht CIMB's TP of RM4.08 is not excessive. With the revised TP outlook, it is supporting the current bullish trend of the stock. Get on the train now if u do not want to miss an opportunity to ride the high-speed bullet train.
KUALA LUMPUR: RHB Research has maintained its Buy call on Karex with a target price of RM3.89 based on 20 times FY16F, a slight discount to Hartalega’s 21 times.
"We think this is justified considering Karex’s leadership in the condom market as well as an expected three-year FY14-17F EPS CAGR of 23.8%," it said in a note on Wednesday.
The research house said price of natural rubber latex has eased to RM3.75 per kg (2013 average: MYR5.63 per kg), which is favourable for Karex.
As its products’ ASPs do not fluctuate with raw material prices, the company should be able to keep its earnings margins, it said.
The strength of the USD/MYR exchange rate is expected to benefit Karex, as revenue will have a greater sensitivity to the greenback relative to costs.
A 3% increase in the USD/MYR exchange rate could possibly raise earnings by around 3-4%, RHB said.
"We are confident on the company’s earnings growth, led organically by capacity expansion as well as its inorganic growth through the acquisition of Global Protection Corp," it noted.
The research house has a higher target price of RM3.89 (from RM3.43), which is 20 times its 2016 price-earnings ratio. This is a 14.4% upside, on the back of an expected three-year earnings-per-share compounded growth of 23.8%.
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....
cheeseburger
2,873 posts
Posted by cheeseburger > 2014-12-09 11:35 | Report Abuse
Yes...Ex- date 10-Dec. Buy now still entitle..