Posted by setia2u > 2017-11-03 21:52 | Report Abuse
Just take a contrarian view with so called analysts! From my years of trading experience, either short term or medium term, then you wouldn't be too far from making a right decision, the analysts always cover themselves up with so called their TP is valid for 12 months, bull shit! Once their vested interest achieved, they change their view quickly, by doing so, they make both way!
Posted by Dkny > 2017-11-04 12:17 | Report Abuse
Mostly when downgrade they will collect more, when upgrade then will sell more. Tis is the real world in the market. Can c c topglove , the best example
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CS Tan
4.9 / 5.0
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....
Jonathan Keung
4,436 posts
Posted by Jonathan Keung > 2017-11-03 16:16 | Report Abuse
i do agreed that some of this so called analysts have vested interest in promoting or down grading counters. Ekovest is a case in point. a sharp price cut barely 2 days after the announcement. nothing is firm at this point of time ( option 1 or option 2- whatever the case scenario maybe )