Don't expect a quick run up in price. Surely and slowly the share price will move up to reflect its fundamental value. MNRB is currently an unappreciated gem stock! Not suitable for contra players! Strictly for long term investors who do not time the market!
Don't worry opustang. The takaful segment alone is already worth RM1 if valued at PE16. You are getting the re-insurance company at 10cents only. Re-insurance business may valued at PE5. So fair value should be RM2
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....
unorthodox
180 posts
Posted by unorthodox > 2019-08-02 04:20 | Report Abuse
Don't expect a quick run up in price. Surely and slowly the share price will move up to reflect its fundamental value.
MNRB is currently an unappreciated gem stock!
Not suitable for contra players!
Strictly for long term investors who do not time the market!