KLSE (MYR): MI (5286)
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Last Price
2.20
Today's Change
+0.05 (2.33%)
Day's Change
2.10 - 2.20
Trading Volume
1,072,200
9 people like this.
6,987 comment(s). Last comment by LalisaFang 2 weeks ago
apple168
6,236 posts
Posted by apple168 > 2019-06-12 18:38 | Report Abuse
3 reasons not to buy MI
1. Global economic crisis/ US-China Trade War
2. MI PE 20. (Overvalued)
3. Buying MI at 150% more premium compared to Maybank (Top 1 Market Capital in KLSE, only 30% premium)— (Extremely overvalued)
Sudden surge of share price movement is good time to take profits!