long term again, no gain like FGV, open shoot Rm0.90, fulawei..nice, now IPO price FGV (those who wait, will wait some more for FGH), boustead look like hv to keep for 2-3 month la, target price Rm.2.20-2.50.
Investors try to outsmart the market by selling during opening. Buyers also not stupid to rush in to buy, they can wait for short term profit taker to be done with.
haha, P/E not important in plantation stocks. You use wrong measures. I once us P/E for UTDplantation and think it is expensive at P/E 16. Then it shoot all the way to RM20, double my money. Then after that only I know company expanding their lands, thus P/E bring down to single digit again....
Then I learn 1 thing, never use past data to judge future. Look at what is the company expansion plan also for near future.
I'm an investor. I buy for mid/long term. I bought Cepatwawasan at 92sen, and am still holding. I see value in BPLANT and am prepared to hold for months/years.
still can buy...support by GLC (LTAT, KWAP & Tabung Haji)... dividen policy 60% from net profit....Target this year 1.80 to 2.00...no worry just waiting CPO price increase....good for long term...target within 2-3 years (RM3.00+++++)..
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....
firestar23
45 posts
Posted by firestar23 > 2014-06-26 08:56 | Report Abuse
opening price 1.62?