Somebody said he is good in reading chart but chart is a dead pc. The shares market's up and down is manipulate by sharks and conmen not by chart. Now after a month nothing happen.
"Downgrade to HOLD; TP of RM0.39. We downgrade the stock to HOLD with slightly lower TP of RM0.39 (from RM0.42). Our TP is derived from pegging FY21 EPS to 11x P/E multiple (from 12x previously) to account for higher earnings risk from reemergence of Covid-19 uncertainty. Stock offers a cyclical exposure to an eventual economic recovery which we reckon warrants a revisit once a firmer recovery footing is established."
Source: Hong Leong Investment Bank Research - 21 Oct 2020
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....
tressele
1,498 posts
Posted by tressele > 2020-01-20 10:43 | Report Abuse
nice HPMT!!