Bernas - Breakout

Posted by chrisyba > 2012-07-12 12:08 | Report Abuse

Ok guys, take at look at Bernas. Technically has broken upper resistence of RM3.30 with reasonable good volume. Few catalysts below have not fully been priced in the stock: 1) Expansion plan of acquiring new rice mills. 2) Extension of rice concession due for review in next month. 3) Excellent dividend yield. 4) Syed Mokhtar's baby. 5) Monopoly of country rice industry. 6) Under owned by big institution. 7) Potential double digit EPS in next qtrly results. Good to buy in. I'm looking at TP RM4.00-RM4.20 by next week. Good luck!

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24 comment(s). Last comment by mcd123 2012-07-27 09:19

azta12

5,594 posts

Posted by azta12 > 2012-07-12 12:36 | Report Abuse

Thanks Chrisyba, chart looks very good. more money to make.

pirate99

822 posts

Posted by pirate99 > 2012-07-12 13:06 | Report Abuse

Bro Chrisyba.. cut loss price berapa ?

taxi

107 posts

Posted by taxi > 2012-07-12 14:07 | Report Abuse

gogogo

sushi

59 posts

Posted by sushi > 2012-07-12 14:27 | Report Abuse

Bro Baramundi80 and others who follow sifu chrisyba...do not miss this latest posting of his. Good luck.

azta12

5,594 posts

Posted by azta12 > 2012-07-12 14:48 | Report Abuse

still not too late,to chase.Bravo chrisyba.

baramundi80

241 posts

Posted by baramundi80 > 2012-07-12 14:49 | Report Abuse

Hi sis sushi, ya I saw that earlier. Bought in already. Now price moving...amazing...thank you sifu chrisyba!!!

mcd123

244 posts

Posted by mcd123 > 2012-07-12 14:58 | Report Abuse

Slow down a bit. Haven't buy yet..

mcd123

244 posts

Posted by mcd123 > 2012-07-12 15:01 | Report Abuse

Sifu just said "take a look at this counter", you guys sudah sapu all.Tomorrow, Friday hopefully the price ease off a bit.

kl foong

421 posts

Posted by kl foong > 2012-07-12 15:04 | Report Abuse

you guys have push the price already.

taxi

107 posts

Posted by taxi > 2012-07-12 15:20 | Report Abuse

yalor...u guys hv push the price to 3.50 already.

kl foong

421 posts

Posted by kl foong > 2012-07-12 15:52 | Report Abuse

Price ease back a bit. Time to buy.

pirate99

822 posts

Posted by pirate99 > 2012-07-12 23:31 | Report Abuse

wait tomoro la.. if price gostan then can jump in... patut price go up.. u guys sapu.. ;)

baramundi80

241 posts

Posted by baramundi80 > 2012-07-13 08:24 | Report Abuse

sure-la bro pirate99, now more people starting to notice sifu chrisyba...so next time u better be fast in action when sifu post again...hehehe

kl foong

421 posts

Posted by kl foong > 2012-07-13 08:48 | Report Abuse

The saying goes...Early bird catches the worms.

pirate99

822 posts

Posted by pirate99 > 2012-07-13 10:26 | Report Abuse

ya la bro... agree with ur statement.. hehehe..

pirate99

822 posts

Posted by pirate99 > 2012-07-13 14:26 | Report Abuse

bro chrisyba.. just now read about civil suit against this company la.. by some people... wonder why..

necro

4,726 posts

Posted by necro > 2012-07-13 14:38 | Report Abuse

TP 2.70 with PE7.3

mcd123

244 posts

Posted by mcd123 > 2012-07-13 14:58 | Report Abuse

Noted your TP Necro. Since I didn't manage to buy in yesterday, I guess will wait at that price. Hopefully, i won't be like Macquarie analyst, waiting for FGVH price at 3.85

necro

4,726 posts

Posted by necro > 2012-07-13 14:59 | Report Abuse

wait for thatprce and keep for dividen..
nyum nyum

pirate99

822 posts

Posted by pirate99 > 2012-07-13 15:11 | Report Abuse

tq necro.. anybody know ha what is material litigation civil suit??

chrisyba

145 posts

Posted by chrisyba > 2012-07-13 19:06 | Report Abuse

hi pirate99, sorry for the late reply. Don't worry so much about the suit, most companies have some legal suits one way or the other, is pretty common. This suit is not new, it has been on going for a while now. For those who are uncomfortable in buying in at current price, is ok also if you decide to wait for better price. As some of you may already know I don't post very often here in Forum. I only post those that I've very high conviction that a substantial upside movement is upcoming in 1 or 2 weeks time after a detail study of their fundamental, newsflow & most important matter - their TA on charts. So, for Bernas, the price movement is on track. I'm still sticking on the TP of RM4.00-RM4.20 next week or so, barring any unforseen negative news or events that could damper the market sentiment as a whole which is pretty much beyond anyone's ability to know unless he is a god or has a crystal ball that can show future. Happy trading all!

baramundi80

241 posts

Posted by baramundi80 > 2012-07-16 07:44 | Report Abuse

bro pirate99, my advise is that u should consider buy-in now...the current price is not too far ahead from RM3.30 breakout point. There are still 50-70sen to be made from sifu's TP of RM4.00-RM4.20. Sifu chrisyba's call is very timely and pretty accurate. Just look at his call for Canone & Kulim...within the time period of just 1-2weeks both counter hit the TP as forsee by sifu chrisyba. Just my opinion, again is up to you. Good luck....hehehe

pirate99

822 posts

Posted by pirate99 > 2012-07-17 14:01 | Report Abuse

Hi Sifu Chrisyba & bro baramundi80.. thanks for your favourable replies.. i was away for few days.. ohh now i am still monitoring this counter.. maybe will Q some lots @ 3.40..

mcd123

244 posts

Posted by mcd123 > 2012-07-27 09:19 | Report Abuse

Chrisyba prophercy going to happen...Will cash out for Raya Angpow..Thanks bro...

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