KAF Seagroatt & Campbell, AmInvestment Research, MIDF and UOB Kay Hian Research have a Buy call on the construction-property company with a target price of 92 sen, 84 sen, 83 sen and 96 sen respectively.
haha..got new contract here and there, yet price not moving at all..this counter down some more, clearly syndicate has take over Bursa.. all IB and FM are the same wassap group ler :-p
“Maintain Buy and with target price of 96 sen. Our target price is based on a 20% discount to our sum-of-parts valuation of RM1.20 a share, implying 26.7 times 2019F PE,” said UOB Kay Hian Research
KAF Seagroatt & Campbell, AmInvestment Research, MIDF and UOB Kay Hian Research have a Buy call on the construction-property company with a target price of 92 sen, 84 sen, 83 sen and 96 sen respectively
A lot of counters are giving a good opportunity to buy with good returns within a year . This scenario is similar to the beginning of the years 1999 & 2006 .
1) ECRL is still on going with reduce in cost. 2) More jobs will be given to local contractors. 3) If Gkent and MRCB get some of the jobs, you will regret if you don't buy now.
MONDAY will buy in BIG and hold till ECRL announcement ...not much downside to lose but hope for a sudden spike once ECRL news is out ....it could be too late
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....
tuapuikia
2,346 posts
Posted by tuapuikia > 2019-01-29 12:14 | Report Abuse
late show maybe