MRCB falls, price estimate cut
Publish date: Mon, 07 May 2012, 10:28 AM
Malaysian Resources Corp fell 2.9 percent to RM1.69, heading for its biggest loss since April 9.
The share price estimate for the stock was cut to RM2.70 from RM3.10 at HwangDBS Vickers Research Sdn Bhd. -- Bloomberg
The share price estimate for the stock was cut to RM2.70 from RM3.10 at HwangDBS Vickers Research Sdn Bhd. -- Bloomberg
Labels: MRCB
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Jake...Its the signal for cumulating MRCB.
Forget about the Target Price by analyst.
It is going to fly.
Watch this counter.
2012-05-07 21:38
It's always like this for us traders - sceptical and doubtful when the price is at x (like MRCB now at 1.69)... and then kicking ourselves with that "If only I had bought!" when it goes up to its usual 2.00-plus range:-) If the Europe and US markets don't `kacau' too much and affect the sentiments here, MRCB should recover from its current oversold position very soon.
2012-05-07 23:27
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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....
Jake
So the share price estimate was cut from RM 3.10 to RM 2.70 by some research house....but isn't it still RM1 higher than current share price?
2012-05-07 12:41