I was surprised this stock climbed so high. Working in sarawak before, I know this counter controls almost every big industry in Sarawak. But never climbed so high. Probably because election and big funds going to east malaysia as reward.
Better just be trading only. All earnings won't be back to shareholders if you know what I mean
latest TP = RM 2.76 ---------- taib and family will be prosecuted and convicted in court --------- Date 16/08/2013 Open Price 5.32 Target Price 2.76 Upside/Downside -2.56 (48.12%) Price Call : Sell Source CIMB ------------ run run buddy run
Read the content 1st bro Our RNAV is conservative, as we have excluded the value of its investments for future recurring income. Pegging a 30% small/mid cap discount to our RNAV of RM10.45/share, the stock is worth RM7.31/share, implying upside of 37%. Catalysts are renewed investor interest in its dominant position in Sawarak and progress of its OM Materials venture, which should transform its earnings profile from 2016.
I heard the budget of 2014 will include the Trans Borneo Highway (Kuching to KK)worth 20B. I believe the companys will get a benefit from this is the one related to Taib Mahmud and one of them is Cahaya Mata.
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....
LIAU SAN
22 posts
Posted by LIAU SAN > 2013-06-25 22:12 | Report Abuse
Down trend is over,tomorrow will be up trend,see...u tomorrow.