I am also tempted to take profit but from a TA point of view (weekly) it's just the beginning of an uptrend. There will be some minor corrective pullbacks (profit-takings) no doubt. As for me, I will only sell all my stakes in MMCCORP when a SELL signal appears. It is quite plausible that it may test the 1.20 resistance (July2019) in the near future.
Now may be the turn of undervalued blue chips, stocks such as MMC, Ranhill, YTL Power, KPJ, IHH, Cypark ect are getting attention by investors rather than speculators
Pinky no need! up down i also nothing for mmc.down i also same collection,up i also collection,what different?if high sell,important is dun talk have not have in here,ok jo....
Just look at Media Prima in the similar situation. Used to trading around 15 sen for some time until recently and now trading around 70 sen. The asset per share is around 52 sen. Trading pattern quit similar, both increase in prices and volumes.
port listing will be in 2022 or onwards to extract the highest valuation based on 2021 combined port earnings which is expected to be much higher than 2020 earnings
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....
Joker123
19 posts
Posted by Joker123 > 2021-03-04 11:05 | Report Abuse
sold some at 1.01 . Thanks mmc.