Coraza's new factory will double up its earning while incoming new machines will improve its efficiency by another 25%. Annual eps will be RM0.0098 (latest qtr eps) x 4 (yearly) x 2 x 1.25 x 35 (pe ratio) = RM3.43!!! You couldn't goes wrong with Coraza, invest for 5 years to unleash its full potential!!!
Markets worldwide have sold off with another rate hike of 0.75% 2 days back. The Fed has pledged to tame inflation aggressively even if it were to lead to economic pain.
Any decision to buy or sell should be based on 20 days Moving Averages. Just watch out for Dow Jones support level at 29,000. Nasdaq support level is at 10,500 while S&P support will be 3,600. More major sell off is expected once these support is broken..
Here’s another view coming from Goldman Sachs strategist David Kostin.
Resetting expectations: "The forward paths of inflation, economic growth, interest rates, earnings, and valuations are all in flux more than usual with a wider distribution of potential outcomes,”
On that note, the bank slashed its year-end target for the S&P 500 to 3,600 from 4,300, and said the benchmark could even fall to as low as 3,150 in the event of a serious recession.
Saya nak PM menghadap Agong semalam - Zahid Shakira Buang Diterbitkan: Oct 4, 2022 6:08 PM ⋅ Dikemaskini: 6:08 PM 9 Presiden Umno Ahmad Zahid Hamidi berkata, parti itu menghormati kuasa Perdana Menteri Ismail Sabri Yaakob bagi mencadangkan mengenai tarikh pembubaran Parlimen supaya pilihan raya umum ke-15 (PRU15) dapat diadakan secepat mungkin.
Ditanya sama ada naib presiden Umno itu diberikan tempoh untuk menasihati Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah supaya berbuat demikian, Zahid secara berseloroh berkata ia sepatutnya dibuat semalam.
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cK1973
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tunggu kat 70c dulu...
FR akan announce rate hike this week....
tunggu dulu ma...
sekarang beli, esok turun lagi ma...