First Target Price is 30 cents. If Company will dispose more Assets like last year to unlock value Price Could Easily Shoot Past 50 cents. And If All Assets Are Sold & Brought To Light ASB's Ultimate Price should cross 80 cents to RM1.00.
Lu everyday promote how geng how geng the ECB QE... Can flood our market...start print money Liao but create more side effect to global market.... Still maintain high hopes or discount a bit? Fast fast share ur view... I curi curi compile ur analysis one... Dun make me rugi Iskandar banglo...
US is a Very Sick Economy Now. And The Whole World is Very Weak with little real growth except parts of Asia. This is the current scenario
1) Weak Japan weaken yen & lean upon Sick USA 2) Weak China also reduce interest rate to lean on USA 3) India, Australia & even Malaysia depend on US for Exports
And The Last Straw That Break The Camel's Back!!
Weak Euro Zone Is NOW LEANING HEAVILY ON SICK USA!
This Is Another Booster For Tourism Stocks Like ASB & BJ Corp!!
Cheaper Oil Translates To Cheaper Air Fares!
So It Means
1) More People Can Afford To Travel To Malaysia - Truly Asia.
2) Ron95 and Ron97 will get Cheaper Also. More Domestic Tourism. Lower end hotel like ASB in Chow Kit will benefit from domestic tourism while Higher End Hotel like Berjaya Timesquare will benefit by Richer Foreign Tourists.
3) And Savings from Cheaper Cost of travel means higher spending in Malaysia
4) Plus TNB Will Continue To Keep Electricity Cost Very Low. This Will Save Tons of Monies For Hotels which uses AirCond 24 Hours.
So CRASH OF OIL IS VERY GOOD FOR STOCKS LIKE ASB & BJ CORP
ALL ROUND FACTORS WILL POWER SHARE PRICES UP! UP! & UP!
Wrong? Coming gst will stop consumers from spending money . Locals will not be travelling much. Gst will curb travelling . This March mata travel fair were doing badly . Asb not a good buy.
1) Nomura says even with 6% gst Malaysian Goods & Services are 10% to 20% cheaper than shopping in Hong Kong, Tokyo, Shanghai or Singapore. Expect more Tourists to Visit Malaysia. The Crash of Ringgit has made Malaysian products at Bargain levels.
2) This Year of Festival 2015 Malaysian Govt is stepping up promotion everywhere.
3) Fall of Crude Oil translates to cheaper electricity. Great savings for ASB Hotels with Aircond humming for 24 hours daily.
4) Fall of Ringgit has Made ASB Investments MORE Valuable Is Assets are Sold Are Repatraited back to Malaysia.
Rubbish stocks are low quality stocks in the stock market. They are also called crappy stocks, inferior stocks and lousy stocks. Many people would think that people who invest in the stock market would stay as far away as possible from rubbish stocks but information from brokers show the opposite to be true
Rubbish stocks are run by rubbish management. They prefer playing their company stocks for profit rather than running the company for a profit.
Rubbish stocks are usually the last stocks to move in a stock market rally. After the good stocks have moved and become expensive, stock operators will start moving their cash into these stocks for quick capital gains
calvin thumbs up for asb, least there is a good safe margin to count on and certaintly its worth getting in like many did , right now , nothing todo with shit kikikikikikiki
Asb is tourism stock. It should run up earlier. Never mind. Better late than never. Now 11MP theme stock will start running powerfully next month when 11MP is announced on 21st May 2015. Try to get these on weakness
Cmsb- Rm27 billions award for Pan Borneo highway Kkb - subsidiary of Cmsb Naim - will capture lion share of East Malaysia project awards Weida - water and waste water. This one is still cheap Kbunai - this is now warming up. Will also run powerfully.
The Board of Directors of ASB is pleased to announce that the Company is proposing a first and final single tier dividend of 0.25 sen per ordinary share of RM0.30 each for the financial year ended 31 December 2014, subject to shareholders’ approval at the forthcoming Annual General Meeting.
The dividend entitlement and payment dates will be announced later.
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....
calvintaneng
56,579 posts
Posted by calvintaneng > 2015-01-22 18:19 | Report Abuse
WAH!
ALL ROUND OPTIMISM NEWS
1) MALAYSIA NOW ATTRACTIVE FOR MEDICAL TOURISM DUE TO CRASH OF RINGGIT
2) IJM SAYS FALL OF RINGGIT WILL ATTRACT MORE FOREIGN BUYERS
3) EXPORTS COUNTER POWERING UP DUE TO COMPETIVIE MALAYSIAN GOODS OVER ALL.
4) SOON MANY TOURISTS WILL BE RETURNING TO MALAYSIA
TAKE POSITION IN ASB NOW
ASB?
A
STRONG
BUY
THE FAVOURABLE WIND OF CHANGE WILL PROPEL ASB UP UP & UP!