i sien so many like talk lan have or havent thing more so funny this is i last reply up to u all,maybe trust value on mmc, i will sell all out change another two company same like mmc style inside also have nice diamond de...... see timing two choose one..... Good Luck lan all doing.....
1)demand exceed supply position which we can see through the wave of increase in daily volume for the past 7 trading days
2)SMA,MACD @ TA turn to be super bullish
3)Theme play
4)Trends
5)very strong and solid FA
6)Foreign fund buying in as well such as JP Morgan&UBS
7)In news of possibility of Port listing by this year and securing new big contract (once the news confirm then the rest is history)
8)Coming dividend announcement which might annouce on March month instead of traditional month of April (MMC will break the tradition, just look at MMC suprise investor wth good news of additional dividend announcement on Dec 2020 which never happen before)
9)Port business in booming sector for this 2021 year
10)The increase of MMC price for this past few day just the 1st wave to many many big tsunami in coming price surging
MMC has been on the radar since November last year. Many investors could have missed it out. The current price of RM1.18 is still considered cheap. Volume are building up recently and I felt that serious investors have been moving into this counter since last year. The recent news that KYY is buying into MMC should not be of any concerns. Even if he is pushing this counter up, I seriously do not think he will exit at this point in time as it would not have achieved his margins. I sincerely think it will hit RM1.50 as many analysts are saying.
Certain tech stocks are having good potential like D&O, Mpi (EV theme) but at the same time the valuation is very high. If mmc corp successfully listed it's Ports business, it will be huge profits unlocked.
cariyoyo MMC has been on the radar since November last year. Many investors could have missed it out. The current price of RM1.18 is still considered cheap. Volume are building up recently and I felt that serious investors have been moving into this counter since last year. The recent news that KYY is buying into MMC should not be of any concerns. Even if he is pushing this counter up, I seriously do not think he will exit at this point in time as it would not have achieved his margins. I sincerely think it will hit RM1.50 as many analysts are saying. 10/03/2021 9:42 AM
Today I disposed all my technology stock (MPI, Greatech and UWC) Is it wise decision to top up MMC at this level since I have extra capital proceed from technology stocks disposal and same time. MMC dividend at least still above 3.5% which far better than FD
I’ve said before, the share price of this large capitalisation company with its high voltage trading volume will rise further irrespective what we all say here.
Of course, I also recognise that there is something unsound about increasing one’s exposure in the course of a trend because it makes one vulnerable to a temporary reversal. I am nevertheless willing to increase my shareholdings even at this point because I believe that the scope of reversal has diminished. Short term volatility is greatest at a turning point and diminishes as a trend becomes established. This is the case now."
How much further more? What we know and have seen to other precedents (other companies stock prices) is that they tend to overshoot and it’s pointless to give any target price when the trend is still very much so relevant and prevailing.
"As long as the music is playing, you’ve got to get up and dance” - quote Charles Prince (ex-CEO of Citigroup)
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Posted by tatwaiwong > 2021-03-09 23:23 | Report Abuse
i sien so many like talk lan have or havent thing
more so funny
this is i last reply
up to u all,maybe trust value on mmc, i will sell all out
change another two company same like mmc style
inside also have nice diamond de......
see timing two choose one.....
Good Luck lan all doing.....