Bro Mcmann l am positive in Mmc but not 100% sure what I know all their business is making money and belong to the richest Malay in Malaysia that why I bet big in it,nothing for 100% sure that life!
i do agree with you but the big boys is selling quite heavily at this price is no brainer. syed mokhtar is the rishest but all his counter is facing pressure drb, malakof, mmc, pos, gas
thats what i thought too, dilemma now should sell and buy back later or just to hold on to it ? honestly i think is no brainer to cut now it could possible bounce back a bit. how do u think of its port business since the virus has impact on everything and i believe port will kena as well
I think Mmc will drop more and more just my opinion market crash confirm started cutting now is not wrong up to individual no right no wrong for me l will keep and wait for 30-40 and add more, if cut have to be quick no second thought!!!,
Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom.
So far company no need to buy back share.. Because mmc will ask the money from urus jamaah b4 they all cabut.. All substantial cabut sbb expecting mmc will collapse to 1cts
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....
monorail
78 posts
Posted by monorail > 2020-02-29 17:59 | Report Abuse
Syed Mokhtar is a good friend with PM Muhyiddin Yassin. Monday MMCCORP will go up!